$7,500
SOLD MAR 8, 2024

2900 N Sherman Dr Indianapolis, IN 46218

Martindale-Brightwood Neighborhood
0.16 Acre
$46,875 Price per Acre
7,013 Sq Ft Lot

Recently Sold

$4 Per Sq Ft

9% Below List Price

18 Days on Market

About This Lot

As of March 2024

Lot for sale - Broker has interest in the LLC that owns this property.

Last Agent to Sell the Property

Steve Lehman

Steve Lehman Brokerage Email: homefrontre@gmail.com License #RB14044274 Listed on: 02/07/2024

Last Buyer's Agent

Michelle Butts

RE/MAX At The Crossing

RE/MAX At The Crossing

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $46

Lot Details

  • 7,013 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 500
  • Assessor Parcel Number 490729156364000101

Property Details

Property Type

Land

Est. Annual Taxes

$46

Lot Details

0

Listing Details

  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2022
  • Lot Size Acres: 0.16
  • Road Frontage Type: NotApplic
  • Road Surface Type: NotApplic
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • MBR_AttributionContact: homefrontre@gmail.com
  • Attribution Contact: homefrontre@gmail.com
  • Special Features: None

Exterior Features

  • List Price: 8200
  • Other Structures: Not Applicable
  • Topography: Not Applic
  • Road Access: Not Applic
  • Water: Municipal Water Near By

Utilities

  • Sewer: Municipal Sewer Near
  • Solid Waste: No

Lot Info

  • Development Status: Not Applicable
  • Horse Amenities: None
  • Lot Size Sq Ft: 7013
  • Parcel Number: 490729156364000101
  • Zoning: D5
  • Acres: <1/4 Acre
  • Land Characteristics: City
  • Present Zoning: Single Family
  • Price Acre: 46875
  • Soil Type: Not Applic
  • Divisible: No

Tax Info

  • Tax Annual Amount: 46
  • Tax Lot: 500
  • Semi Annual Property Tax Amt: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2024
Closed on
Mar 5, 2024
Sold by
Home Front Real Estate Llc
Bought by
Gramelspacher Tyler
Seller's Agent
Steve Lehman
Steve Lehman
Buyer's Agent
Michelle Butts
RE/MAX At The Crossing
List Price
$8,200
Sold Price
$7,500
Premium/Discount to List
-$700
-8.54%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
324.05%

Purchase Details

Closed on
Jun 26, 2006
Sold by
Reo Accectance Corp Ltd
Bought by
County Of Marion
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $7,500 Investors Title
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $5,639 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $25,000 +233.3% --
03/08/2024 03/08/24 Sold $7,500 -8.5% $4 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/07/2024 02/07/24 For Sale $8,200 -- $5 / 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 $47 $2,000 $2,000 --
2023 $47 $2,000 $2,000 $0
2022 $47 $2,000 $2,000 $0
2021 $46 $2,000 $2,000 $0
2020 $32 $1,400 $1,400 $0
2019 $33 $1,400 $1,400 $0
2018 $0 $1,400 $1,400 $0
2017 $1,895 $1,400 $1,400 $0
2016 $29 $1,400 $1,400 $0
2014 $30 $1,400 $1,400 $0
2013 $31 $1,400 $1,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Michelle Butts

    Seller's Agent in 2025

    Michelle Butts

    RE/MAX At The Crossing

    (317) 509-8516

    4 in this area

    66 Total Sales

    Michelle Butts
    Section Image
  • Steve Lehman

    Seller's Agent in 2024

    Steve Lehman

    Steve Lehman

    (317) 273-3552

    1 in this area

    6 Total Sales

    Steve Lehman
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21962970

MIBOR Broker Listing Cooperative®

APN: 49-07-29-156-364.000-101

Indiana Marion County Indianapolis 46218 Martindale-Brightwood

2900 N Sherman Dr, Indianapolis, IN

This home is located at 2900 N Sherman Dr, Indianapolis, IN 46218 and is currently priced at $7,500, approximately $4 per square foot. 2900 N Sherman Dr is a home located in Marion County with nearby schools including James Russell Lowell School 51, Arlington Community Middle School, and Arsenal Technical High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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