NOT LISTED FOR SALE

Estimated Value: $37,000 - $149,000

0.11 Acre
$845,455 Price per Acre
4,792 Sq Ft Lot

Last Sold October 06, 2022

Last sale price $26,500 $22 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $513/month

411 Days on Market

About This Lot

As of October 2022

This land bank property is the perfect opportunity to build your dream home from the ground up. For further details go to the Intend Indiana website.

Last Agent to Sell the Property

Stephanie Quick

Intend Indiana, Inc. Brokerage Email: intendblc@intendindiana.org License #RB20000351 Listed on: 07/01/2021

Last Buyer's Agent

Stephanie Quick

Intend Indiana, Inc. Brokerage Email: intendblc@intendindiana.org License #RB20000351 Listed on: 07/01/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $225

Year Built

  • 1920

Lot Details

  • 4,792 Sq Ft Lot

Community Details

  • Palmers Subdivision

Listing and Financial Details

  • Property Available on 10/13/21
  • Tax Lot 1022196
  • Assessor Parcel Number 491113199012000101

Property Details

Property Type

Land

Est. Annual Taxes

$225

Year Built

1920

Lot Details

0

Listing Details

  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2021
  • Lot Size Acres: 0.11
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Palmers
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: intendblc@intendindiana.org
  • Attribution Contact: intendblc@intendindiana.org
  • Special Features: None
  • Year Built: 1920

Exterior Features

  • List Price: 26500
  • Topography: Cleared
  • Water: Municipal Water Near By

Utilities

  • Sewer: Municipal Sewer Near
  • Solid Waste: No

Lot Info

  • Additional Parcels: No
  • Development Status: Plat Recorded
  • Lot Size Sq Ft: 4792
  • Parcel Number: 491113199012000101
  • Zoning: D8
  • Acres: <1/4 Acre
  • Price Acre: 240909

Rental Info

  • Available Date: 2021-10-13

Tax Info

  • Tax Lot: 1022196
  • Semi Annual Property Tax Amt: 0
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Nov 7, 2022
Sold by
Renew Indianapolis Inc
Bought by
Gbajumo Wahab
Seller's Agent
Stephanie Quick
Intend Indiana, Inc.
Buyer's Agent
Stephanie Quick
Intend Indiana, Inc.
List Price
$26,500
Sold Price
$26,500
Total Days on Market
411
Views
8
Current Estimated Value
$93,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,500
Avg. Annual Appreciation
60.60%

Purchase Details

Closed on
Mar 16, 2021
Sold by
Marion County Clerk
Bought by
Department Of Metropolitan Development

Purchase Details

Closed on
May 1, 2007
Sold by
Red Goose Properties Llc
Bought by
Barrett Kevin and Barrett Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,800
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2005
Sold by
Eall Andera
Bought by
Red Goose Propeertries Llc
Source: Public Records

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Range of Values:

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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
Gbajumo Wahab $14,500 --
Renew Indianapolis Inc $14,500 --
Department Of Metropolitan Development $27,263 None Available
Barrett Kevin -- None Available
Red Goose Propeertries Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barrett Kevin $46,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2022 10/06/22 Sold $26,500 0.0% $22 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $26,500 0.0% $22 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $26,500 0.0% $22 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
10/13/2021 10/13/21 For Sale -- -- --
08/23/2021 08/23/21 Off Market $26,500 -- --
08/14/2021 08/14/21 For Sale -- -- --
07/01/2021 07/01/21 Off Market $26,500 -- --
07/01/2021 07/01/21 For Sale $26,500 -- $22 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

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 $225 $8,100 $8,100 --
2023 $225 $8,100 $8,100 $0
2022 $0 $8,100 $8,100 $0
2021 $240 $8,100 $8,100 $0
2020 $1,419 $8,100 $8,100 $0
2019 $486 $4,000 $4,000 $0
2018 $1,115 $12,800 $4,000 $8,800
2017 $2,218 $12,200 $4,000 $8,200
2016 $1,457 $11,800 $4,000 $7,800
2014 $1,155 $53,400 $4,000 $49,400
2013 $1,111 $49,600 $4,000 $45,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21796530

MIBOR Broker Listing Cooperative®

APN: 49-11-13-199-012.000-101