NOT LISTED FOR SALE

2965 N Sherman Dr Indianapolis, IN 46218

Martindale-Brightwood Neighborhood

Estimated Value: $355,247

0.76 Acre
$467,430 Price per Acre
33,106 Sq Ft Lot

Last Sold September 27, 2023

Last sale price $295,000

Est. 20% increase in value since last sale

Current estimated payment $1,931/month

619 Days on Market

About This Lot

As of September 2023

30th and Sherman .77 +/- Acres Available Now! Paved Hard Corner, Excellent Exposure, Zoned C-3, Perfect for Many Businesses including Retail and Restaurant. Could be rezoned for gas station. Located just across from fire station. 2,080sf Tavern on property currently rented M-T-M, Value is in land, not building.

Last Agent to Sell the Property

Shelly Johnson

Keller Williams Indy Metro S License #RB14043056 Listed on: 11/27/2021

Keller Williams Indy Metro S

Co-Listed By

Kayla Johnson

Keller Williams Indy Metro S License #RB16001529

Last Buyer's Agent

Kamaljeet Kaur

TJ Realty Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $536

Lot Details

  • 0.76 Acre Lot

Community Details

  • Brightwood Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 490728121203000101

Property Details

Property Type

Land

Est. Annual Taxes

$536

Lot Details

0

Listing Details

  • Type: Multiple
  • Property Sub Type: Commercial Land
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2020
  • Co List Office Phone: 317-882-5900
  • Lot Size Acres: 0.76
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Brightwood
  • Transaction Type: Sale
  • MBR_AttributionContact: ShellyJohnson@kw.com
  • Special Features: None

Interior Features

  • Possible Use: CommSglTen

Exterior Features

  • Other Structures: See Remarks
  • Topography: Cleared
  • Road Access: Frontage Road,Street Cuts
  • Water: Municipal Water on Site

Utilities

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

Lot Info

  • Additional Parcels: No
  • Development Status: Not Applicable
  • Lot Size Sq Ft: 25826
  • Number Of Lots: 3
  • Parcel Number: 490728121203000101
  • Zoning: C-3
  • Acres: 1/2-1 Acre
  • Land Characteristics: Corner
  • Present Zoning: Commercial
  • Soil Type: See Remarks
  • Divisible: No

Tax Info

  • Tax Annual Amount: 536
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 268
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2021
Closed on
Sep 27, 2023
Sold by
Sherman Property Group Inc
Bought by
Singh Baljinder and Singh Sukhwinder
Seller's Agent
Shelly Johnson
Keller Williams Indy Metro S
Buyer's Agent
Kamaljeet Kaur
TJ Realty Inc.
List Price
$325,000
Sold Price
$295,000
Premium/Discount to List
-$30,000
-9.23%
Views
28
Current Estimated Value
$355,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,247
Avg. Annual Appreciation
9.59%

Purchase Details

Closed on
Sep 21, 2007
Sold by
Keaton Harvey and Keaton Evelyn M
Bought by
Sherman Property Group Inc
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 Buyer Sale Price Title Company
Singh Baljinder -- None Listed On Document
Sherman Property Group Inc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2023 09/27/23 Sold $295,000 -9.2% --
08/09/2023 08/09/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $325,000 +10.2% --
03/31/2023 03/31/23 Off Market $295,000 -- --
12/06/2022 12/06/22 Price Changed $325,000 -3.0% --
11/08/2022 11/08/22 Price Changed $335,000 -5.6% --
10/10/2022 10/10/22 Price Changed $355,000 -1.4% --
10/07/2022 10/07/22 Price Changed $360,000 -1.4% --
08/18/2022 08/18/22 Price Changed $365,000 -2.7% --
06/10/2022 06/10/22 Price Changed $375,000 -21.1% --
11/27/2021 11/27/21 For Sale $475,000 -- --
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 $579 $20,800 $20,800 --
2023 $1,023 $20,800 $20,800 $0
2022 $1,010 $20,800 $20,800 $0
2021 $920 $18,100 $18,100 $0
2020 $906 $18,100 $18,100 $0
2019 $902 $18,100 $18,100 $0
2018 $906 $18,100 $18,100 $0
2017 $829 $18,100 $18,100 $0
2016 $790 $18,100 $18,100 $0
2014 $3,248 $111,200 $25,800 $85,400
2013 $3,286 $111,200 $25,800 $85,400
Source: Public Records

Agents Affiliated with this Home

  • Shelly Johnson

    Seller's Agent in 2023

    Shelly Johnson

    Keller Williams Indy Metro S

    (317) 430-6995

    1 in this area

    87 Total Sales

    Shelly Johnson
    Section Image
  • Kayla Johnson

    Seller Co-Listing Agent in 2023

    Kayla Johnson

    Keller Williams Indy Metro S

    (317) 430-6995

    1 in this area

    56 Total Sales

    Kayla Johnson
    Section Image

  • K

    Buyer's Agent in 2023

    Kamaljeet Kaur

    TJ Realty Inc.

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21825692

MIBOR Broker Listing Cooperative®

APN: 49-07-28-121-203.000-101

Indiana Marion County Indianapolis 46218 Martindale-Brightwood

2965 N Sherman Dr, Indianapolis, IN

This home is located at 2965 N Sherman Dr, Indianapolis, IN 46218 since 27 November 2021 and is currently estimated at $355,247. 2965 N Sherman Dr is a home located in Marion County with nearby schools including James Russell Lowell School 51, Thomas D. Gregg School No. 15, and Washington Irving School 14.

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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