NOT LISTED FOR SALE

Estimated Value: $810,000

1 Acre
$810,000 Price per Acre
43,560 Sq Ft Lot

Sale Details

Date Sold: July 25, 2018

Last sale price $389,000

Est. 108% increase in value since last sale

Current estimated payment $4,341 / mo

201 Days on Market

About This Lot

As of July 2018

This is a total of 15 lots, currently zoned I4. Total parcel is approximately 612' X 160'. Sold as one package, only. This parcel backs up to a city owned greenspace which is adjoining the MONON Trail. Great development potential in this rapidly growing area near downtown.

Last Agent to Sell the Property

Larry Gregerson

Dropped Members License #RB14033944 Listed on: 11/08/2017

Dropped Members

Last Buyer's Agent

Larry Gregerson

Dropped Members License #RB14033944 Listed on: 11/08/2017

Dropped Members

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,650

Lot Details

  • 1 Acre Lot

Community Details

  • Reagan Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number See attached

Property Details

Property Type

Land

Est. Annual Taxes

$2,650

Lot Details

1 Acres

Listing Details

  • Type: SeeRemarks
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2017
  • Lot Size Acres: 1
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: REAGAN PARK
  • Property Description: This is a total of 15 lots, currently zoned I4. Total parcel is approximately 612' X 160'. Sold as one package, only. This parcel backs up to a city owned greenspace which is adjoining the MONON Trail. Great development potential in this rapidly growing area near downtown.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

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

Exterior Features

  • Disclosures: Not Applicable
  • Topography: SeeRemarks
  • Road Access: CityStreet
  • Water: NotApplic

Utilities

  • Sewer: Not Applicable
  • Solid Waste: 0

Lot Info

  • Development Status: See Remarks
  • Parcel Number: See attached
  • Zoning: I4
  • Acres: 1-3 Acres
  • Lot Number: Attached
  • Lot Size: See attached
  • Improvements: NotApplic
  • Land Characteristics: City,Rectangle
  • Potential Zoning: Commercial,Single Family
  • Present Zoning: Industrial

Tax Info

  • Tax Annual Amount: 2650
  • Semi Annual Property Tax Amt: 1325
  • Tax Exemption: None
  • Tax Info N A Prop Split: 0

MLS Schools

  • School District: Indianapolis Public Schools
  • Schools: Arsenal Technical High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2023
Sold by
Avip Capital Llc
Bought by
Purple Line Holdings Iii Llc
Current Estimated Value
$810,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Outstanding Balance
$1,198,077
Interest Rate
6.65%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 5, 2023
Sold by
Monon 25 Js Llc
Bought by
Avip Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Outstanding Balance
$1,198,077
Interest Rate
6.65%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 4, 2023
Sold by
Avip Capital Llc
Bought by
Purple Line Holdings Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Outstanding Balance
$1,198,077
Interest Rate
6.65%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Nov 8, 2017
Closed on
Jul 25, 2018
Sold by
Adf Construction Of Indiana Llc
Bought by
Monon 25 Js Llc
Seller's Agent
Larry Gregerson
Dropped Members
Buyer's Agent
Larry Gregerson
CENTURY 21 Scheetz
List Price
$350,000
Sold Price
$389,000
Premium/Discount to List
$39,000
11.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 3, 2014
Sold by
Sanders Derrick A and Sanders Vechelle L
Bought by
Monon Property Development Llc

Purchase Details

Closed on
Jan 17, 2011
Sold by
V & D Leasing Sales & Service Llc
Bought by
Sanders Derrick A and Sanders Vechelle L

Purchase Details

Closed on
Dec 14, 2007
Sold by
State Of Indiana
Bought by
V & D Leasing Sales Service Llc
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
Purple Line Holdings Iii Llc $1,550,000 None Listed On Document
Avip Capital Llc $1,550,000 None Listed On Document
Avip Capital Llc -- None Listed On Document
Purple Line Holdings Iii Llc -- None Listed On Document
Monon 25 Js Llc -- First American Title
Adf Construction Of Indiana Llc -- First American Title
Monon Property Development Llc -- None Available
Sanders Derrick A -- None Available
V & D Leasing Sales Service Llc $2,063 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Purple Line Holdings Iii Llc $1,240,000
Closed Purple Line Holdings Iii Llc $1,240,000
Previous Owner Adf Construction Of Indiana Llc $215,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2018 07/25/18 Sold $389,000 0.0% --
05/29/2018 05/29/18 Pending -- -- --
04/27/2018 04/27/18 Price Changed $389,000 +11.1% --
11/08/2017 11/08/17 For Sale $350,000 -- --
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 -- $19,800 $19,800 --
2024 $549 $19,800 $19,800 --
2023 $549 $19,800 $19,800 $0
2022 $551 $19,800 $19,800 $0
2021 $510 $17,200 $17,200 $0
2020 $509 $17,200 $17,200 $0
2019 $518 $17,200 $17,200 $0
2018 $607 $7,800 $7,800 $0
2017 $986 $3,800 $3,800 $0
2016 $229 $3,800 $3,800 $0
2014 $111 $3,800 $3,800 $0
2013 $211 $6,100 $6,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21523912

MIBOR Broker Listing Cooperative®

APN: 49-07-30-133-023.000-101

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