NOT LISTED FOR SALE

Estimated Value: $110,000 - $378,000

0.09 Acre
$2,392,153 Price per Acre
3,703 Sq Ft Lot

Last Sold July 05, 2022

Last sale price $92,500

Est. 43% increase in value since last sale

Current estimated payment $777/month

104 Days on Market

About This Lot

As of July 2022

*IDEAL LOCATION* *PERFECT AREA IN FOUNTAIN SQUARE* Walking distance to restaurants, pubs, stores and much more. This corner lot would be perfect for your dream home. Seller is a custom builder and would be willing to discuss packaging the lot and building of your home in a package deal.

Last Agent to Sell the Property

Joe Musgrave

Jeff Paxson Real Estate Listed on: 03/22/2022

Last Buyer's Agent

Joe Musgrave

Jeff Paxson Real Estate Listed on: 03/22/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $128

Lot Details

  • 3,703

Additional Features

  • 3,703 Sq Ft Lot
  • Municipal Utilities District Sewer

Community Details

  • Zimmer & Fergers Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491018189006000101

Property Details

Property Type

Land

Est. Annual Taxes

$128

Lot Details

3,703 Sq Ft Lot

Listing Details

  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2021
  • Lot Size Acres: 0.085
  • Road Frontage Type: City Street
  • Road Surface Type: NotApplic
  • Subdivision Name: ZIMMER & FERGERS
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0

Exterior Features

  • Disclosures: Not Applicable
  • Other Structures: No Building
  • Topography: Cleared
  • Road Access: CityStreet
  • Water: Municipal Water on Site

Utilities

  • Sewer: Municipal Sewer On Site
  • Solid Waste: 0

Lot Info

  • Development Status: Rough Grade
  • Parcel Number: 491018189006000101
  • Zoning: D5
  • Acres: <1/4 Acre
  • Lot Number: 1
  • Lot Size: 3,703
  • Improvements: Sidewalks
  • Land Characteristics: City,Corner
  • Potential Zoning: Single Family
  • Present Zoning: Single Family
  • Divisible: 0

Tax Info

  • Tax Annual Amount: 128
  • Semi Annual Property Tax Amt: 64
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2025
Sold by
Salgado Jose G Martinez
Bought by
Malhoit Lauren
Current Estimated Value
$132,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,000
Outstanding Balance
$637,508
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
-$434,175

Purchase Details

Closed on
Jan 29, 2025
Sold by
Osman Salgado Llc
Bought by
Salgado Jose G Martinez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,000
Outstanding Balance
$637,508
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
-$434,175

Purchase Details

Closed on
Nov 13, 2024
Sold by
Salgado Osman
Bought by
Osman Salgado Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,200
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2023
Sold by
Innovative Homes Llc
Bought by
Salgado Osman

Purchase Details

Closed on
Nov 17, 2023
Sold by
Innovative Homes Llc
Bought by
Salgado Osman

Purchase Details

Listed on
Mar 22, 2022
Closed on
May 24, 2022
Sold by
Blocher William A
Bought by
Innovative Homes Llc
Seller's Agent
Joe Musgrave
Jeff Paxson Real Estate
Buyer's Agent
Joe Musgrave
Jeff Paxson Real Estate
List Price
$98,500
Sold Price
$92,500
Premium/Discount to List
-$6,000
-6.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.65%

Purchase Details

Listed on
Mar 22, 2022
Closed on
May 17, 2022
Sold by
Blocher William A
Bought by
Innovative Homes Llc
Seller's Agent
Joe Musgrave
Jeff Paxson Real Estate
Buyer's Agent
Joe Musgrave
Jeff Paxson Real Estate
List Price
$98,500
Sold Price
$92,500
Premium/Discount to List
-$6,000
-6.09%

Purchase Details

Closed on
Aug 19, 2020
Sold by
Shimo Masayoshi
Bought by
Blocher William A

Purchase Details

Closed on
Mar 8, 2019
Sold by
Jaguarz Llc
Bought by
Shimo Masayoshi

Purchase Details

Closed on
Nov 19, 2015
Sold by
Ef Properties Llc
Bought by
Jaguarz Llc

Purchase Details

Closed on
Dec 18, 2012
Sold by
Mccleary Director Maxene
Bought by
Raghavacharya Sankhavaram Patanjali and Jeevanashankara Sankhavaram Veena
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Malhoit Lauren -- None Listed On Document
Salgado Jose G Martinez -- None Listed On Document
Osman Salgado Llc -- Investors Title
Salgado Osman -- None Listed On Document
Salgado Osman -- None Listed On Document
Innovative Homes Llc -- Security Title
Innovative Homes Llc -- Security Title
Blocher William A $96,000 First American Title Insurance
Shimo Masayoshi $85,000 First American Title Insurance
Jaguarz Llc -- None Available
Raghavacharya Sankhavaram Patanjali $17,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malhoit Lauren $644,000
Previous Owner Osman Salgado Llc $343,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2022 07/05/22 Sold $92,500 -6.1% --
03/22/2022 03/22/22 For Sale $98,500 -- --
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
2025 $880 $641,700 $37,100 $604,600
2024 $1,029 $37,100 $37,100 --
2023 $1,029 $37,100 $37,100 --
2022 $1,032 $37,100 $37,100 $0
2021 $1,101 $37,100 $37,100 $0
2020 $1,099 $37,100 $37,100 $0
2019 $124 $4,100 $4,100 $0
2018 $127 $4,100 $4,100 $0
2017 $158 $4,100 $4,100 $0
2016 $683 $27,700 $4,100 $23,600
2014 $545 $25,200 $4,100 $21,100
2013 $584 $25,200 $4,100 $21,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21844407

MIBOR Broker Listing Cooperative®

APN: 49-10-18-189-006.000-101

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