NOT LISTED FOR SALE

Estimated Value: $860,000 - $1,101,000

0.16 Acre
$5,960,967 Price per Acre
7,161 Sq Ft Lot

Last Sold March 29, 2019

Last sale price $180,000

Est. 444% increase in value since last sale

Current estimated payment $6,000/month

63 Days on Market

About This Lot

As of March 2019

Premium location to build your dream home in Herron Morton Place! Central Avenue recently converted to a two-way street from with parking bump-outs on both sides of the street. Imagine having an easy walk to Shoefly, Mashcraft, Goose, Foundry, Herron High, Oaks Academy, CFI 27, & five neighborhood parks. Surrounded by gorgeous Victorian homes and high-end new construction. Possible build to suit opportunity or land may be purchased separately.

Last Agent to Sell the Property

Mark Nottingham

@properties License #RB14037538 Listed on: 12/27/2018

@properties

Last Buyer's Agent

Tatum Hill

@properties

@properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,180

Lot Details

  • 7,161

Additional Features

  • 7,161 Sq Ft Lot
  • Municipal Utilities District Sewer

Community Details

  • Morton Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490636219194000101

Property Details

Property Type

Land

Est. Annual Taxes

$1,180

Lot Details

0

Listing Details

  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2017
  • Lot Size Acres: 0.1644
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: MORTON PLACE
  • Inspection Warranties: Not Applicable
  • Property Description: Premium location to build your dream home in Herron Morton Place! Central Avenue recently converted to a two-way street from with parking bump-outs on both sides of the street. Imagine having an easy walk to Shoefly, Mashcraft, Goose, Foundry, Herron High, Oaks Academy, CFI 27, & five neighborhood parks. Surrounded by gorgeous Victorian homes and high-end new construction. Possible build to suit opportunity or land may be purchased separately.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0

Exterior Features

  • Disclosures: Not Applicable
  • Other Structures: NotApplicable
  • Topography: Other
  • Road Access: CityStreet
  • Water: Municipal Water Near By

Utilities

  • Sewer: Municipal Sewer Near
  • Solid Waste: 1

Lot Info

  • Development Status: Other
  • Parcel Number: 490636219194000101
  • Zoning: Residential
  • Acres: <1/4 Acre
  • Lot Number: 256
  • Lot Size: 7,161
  • Improvements: CurbsGuters,Sidewalks,Paved Streets
  • Land Characteristics: City,Rectangle
  • Potential Zoning: Multi-Fam,Single Family
  • Present Zoning: Historic

Tax Info

  • Tax Annual Amount: 1180
  • Semi Annual Property Tax Amt: 590
  • Tax Exemption: None
  • Tax Info N A Prop Split: 0

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2018
Closed on
Apr 4, 2019
Sold by
M3 Urban Investment Group Llc
Bought by
Randolph Timothy K and Randolph Tienne
Seller's Agent
Mark Nottingham
@properties
Buyer's Agent
Tatum Hill
@properties
List Price
$190,000
Sold Price
$180,000
Premium/Discount to List
-$10,000
-5.26%
Current Estimated Value
$979,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$799,983
Avg. Annual Appreciation
28.63%
Original Mortgage
$100,000
Outstanding Balance
$87,918
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$892,065

Purchase Details

Listed on
Feb 9, 2018
Closed on
Feb 27, 2018
Sold by
Greystone Custom Homes Llc
Bought by
M3 Urban Investment Group Llc
Seller's Agent
Deborah Waters
GB Landrigan & Company
Buyer's Agent
Mark Nottingham
@properties
List Price
$95,000
Sold Price
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.71%

Purchase Details

Listed on
Dec 19, 2015
Closed on
Jan 29, 2016
Sold by
Copasetic Construction Llc
Bought by
Greystone Custom Homes Llc
Seller's Agent
Mark Jones
PMI Midwest
Buyer's Agent
Deborah Waters
GB Landrigan & Company
List Price
$49,900
Sold Price
$49,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.28%

Purchase Details

Closed on
Jan 10, 2014
Sold by
J Style Custom Homes
Bought by
Copasetic Construction Llc

Purchase Details

Closed on
Jul 25, 2006
Sold by
Miesberger Carl D
Bought by
J-Style Custom Homes
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Randolph Timothy K $180,000 First American Title Insurance
M3 Urban Investment Group Llc -- First American Title
Greystone Custom Homes Llc -- None Available
Copasetic Construction Llc $6,500 None Available
J-Style Custom Homes -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Randolph Timothy K $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2019 03/29/19 Sold $180,000 -5.3% --
03/01/2019 03/01/19 Pending -- -- --
12/27/2018 12/27/18 For Sale $190,000 +100.0% --
02/27/2018 02/27/18 Sold $95,000 0.0% -- View Prior Sale
02/10/2018 02/10/18 Pending -- -- --
02/09/2018 02/09/18 For Sale $95,000 +90.4% --
01/29/2016 01/29/16 Sold $49,900 0.0% -- View Prior Sale
12/31/2015 12/31/15 Pending -- -- --
12/18/2015 12/18/15 For Sale $49,900 -- --
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 $10,136 $924,600 $95,900 $828,700
2023 $10,136 $823,400 $95,900 $727,500
2022 $9,971 $790,800 $95,900 $694,900
2021 $10,369 $854,600 $42,800 $811,800
2020 $1,268 $42,800 $42,800 $0
2019 $1,290 $42,800 $42,800 $0
2018 $1,331 $42,800 $42,800 $0
2017 $1,179 $42,800 $42,800 $0
2016 $1,118 $42,800 $42,800 $0
2014 $1,250 $42,800 $42,800 $0
2013 $1,388 $42,800 $42,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21612298

MIBOR Broker Listing Cooperative®

APN: 49-06-36-219-194.000-101