NOT LISTED FOR SALE

12050 E 65th St Indianapolis, IN 46236

Estimated Value: $358,000 - $369,000

1.13 Acres
$321,871 Price per Acre
49,223 Sq Ft Lot

Last Sold January 31, 2023

Last sale price $225,000

Est. 62% increase in value since last sale

Current estimated payment $2,080/month

97 Days on Market

About This Lot

As of January 2023

Great Corner Location off of 65th Street. Multiple Surrounding Retailers. BOTH Lots currently zoned residential with a business variance. Consists of two parcels totaling the 1.2 acres. Approximately 106 ft of road frontage facing Pendleton Pike and approximately 108 ft. of road frontage facing E. 65th Street. High Visibility and Traffic Count.

Last Agent to Sell the Property

Chris Schulhof

RE/MAX Realty Services License #RB14031306 Listed on: 09/01/2022

RE/MAX Realty Services

Last Buyer's Agent

Chris Schulhof

RE/MAX Realty Services License #RB14031306 Listed on: 09/01/2022

RE/MAX Realty Services

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,642

Lot Details

  • 1.13 Acre Lot
  • Additional Parcels

Utilities

  • Municipal Utilities District Sewer

Listing and Financial Details

  • Tax Lot S34
  • Assessor Parcel Number 490134124022000407

Property Details

Property Type

Land

Est. Annual Taxes

$1,642

Lot Details

0

Listing Details

  • Type: Multiple
  • Property Sub Type: Commercial Land
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2021
  • Lot Size Acres: 1.13
  • Road Frontage Type: FrontageRd, City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • MBR_AttributionContact: chris@indyplace.com
  • Special Features: None

Interior Features

  • Possible Use: Medical, Office, See Remarks
  • SqFt Total: 0

Exterior Features

  • Disclosures: Not Applicable
  • Other Structures: Shed(s), Other
  • Topography: Wooded
  • Road Access: Frontage Road
  • Water: Municipal Water on Site

Utilities

  • Sewer: Municipal Sewer On Site
  • Solid Waste: No

Lot Info

  • Additional Parcels Description: 490134124028000407
  • Additional Parcels: Yes
  • Current Use: Retail
  • Development Status: Finished Lot(s)
  • Lot Size Sq Ft: 1.13
  • Parcel Number: 490134124022000407
  • Zoning: Residential
  • Acres: 1-3 Acres
  • Land Characteristics: City,Corner,Irregular Lot,Mature Trees
  • Present Zoning: Variance

Tax Info

  • Tax Annual Amount: 1642
  • Tax Lot: S34
  • Semi Annual Property Tax Amt: 821
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption,Other Tax Exemption/See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Jan 27, 2023
Sold by
Peercy Leigh Ann
Bought by
Mertz Amy
Seller's Agent
Chris Schulhof
RE/MAX Realty Services
Buyer's Agent
Chris Schulhof
RE/MAX Realty Services
List Price
$295,000
Sold Price
$225,000
Premium/Discount to List
-$70,000
-23.73%
Views
57
Current Estimated Value
$363,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,714
Avg. Annual Appreciation
17.30%

Purchase Details

Listed on
Aug 16, 2016
Closed on
Nov 29, 2016
Sold by
Proctor Billie Ruth
Bought by
Peercy Leigh Ann
Seller's Agent
Alexa Merrill
Carpenter, REALTORS®
Buyer's Agent
Jeff Welch
Welch & Wilson Real Estate, LL
List Price
$144,500
Sold Price
$120,000
Premium/Discount to List
-$24,500
-16.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.71%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mertz Amy $225,000 Chicago Title
Peercy Leigh Ann $120,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2023 01/31/23 Sold $225,000 -23.7% --
12/08/2022 12/08/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $295,000 +145.8% --
11/29/2016 11/29/16 Sold $120,000 0.0% $32 / Sq Ft View Prior Sale
08/17/2016 08/17/16 Pending -- -- --
08/17/2016 08/17/16 Off Market $120,000 -- --
08/16/2016 08/16/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $144,500 -- $38 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,250 $194,100 $50,600 $143,500
2023 $2,250 $194,100 $50,600 $143,500
2022 $1,847 $156,600 $50,600 $106,000
2021 $1,764 $148,000 $50,600 $97,400
2020 $1,775 $148,000 $50,600 $97,400
2019 $1,612 $148,000 $50,600 $97,400
2018 $1,609 $148,000 $50,600 $97,400
2017 $1,591 $146,600 $50,600 $96,000
2016 $1,642 $154,100 $50,600 $103,500
2014 $3,008 $150,400 $50,600 $99,800
2013 $3,008 $150,400 $50,600 $99,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21881103

MIBOR Broker Listing Cooperative®

APN: 49-01-34-124-022.000-407