NOT LISTED FOR SALE

Estimated Value: $330,000 - $340,712

6 Acres
$60,792 Price per Acre
240,451 Sq Ft Lot

Last Sold September 03, 2021

Last sale price $260,000

Est. 29% increase in value since last sale

Current estimated payment $1,941/month

58 Days on Market

About This Lot

As of September 2021

Corner Lot. Property located in Franklin Township and less than 2 miles from I-465/I-74 interchange access. Indianapolis Zoning Overlay shows this property as potential I-1 or C-1 Light Industrial and part of an Industrial Reserve section. This should allow for possible transition to I- 1 or C-1 zoning from current DA (Agricultural/Residential).
Property is currently zoned DA for agricultural and residential use including single family homes, agricultural buildings, farmer's market, etc.

Last Agent to Sell the Property

Roger Webb

Roger Webb Real Estate, Inc License #RB14038183 Listed on: 06/23/2021

Last Buyer's Agent

Vishavdeep Cheema

Market Street Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,016

Lot Details

  • 5.52 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 491027114001000300

Property Details

Property Type

Land

Est. Annual Taxes

$1,016

Lot Details

0

Listing Details

  • Type: Undeveloped
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2020
  • Lot Size Acres: 5.52
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt, Concrete
  • Subdivision Name: NO SUBDIVISION
  • Transaction Type: Sale
  • Restrictions Public: 0
  • Special Features: None

Interior Features

  • Possible Use: AutoGas, AutoMisc, Industrial, Residential
  • Sq Ft Main Upper: 0

Exterior Features

  • Disclosures: Not Applicable
  • List Price: 276000
  • Other Structures: No Building
  • Topography: Level,Wooded
  • Road Access: Frontage Road,CityStreet
  • Water: Municipal Water Near By

Utilities

  • Sewer: Municipal Sewer Near
  • Solid Waste: 0

Lot Info

  • Development Status: Plat Recorded, Not Applicable
  • Parcel Number: 491027114001000300
  • Zoning: DA
  • Acres: 5-10 Acres
  • Lot Number: NA
  • Lot Size: 240,451
  • Improvements: None
  • Land Characteristics: Rectangle,Mature Trees,Small Trees
  • Potential Zoning: Commercial,Industrial
  • Present Zoning: Agricultur,Single Family
  • Price Acre: 50000
  • Easements Public: 0
  • Gross Acres: 5.5200
  • Usable Acres: 5.5200

Tax Info

  • Tax Annual Amount: 1016
  • Semi Annual Property Tax Amt: 508
  • Tax Exemption: None

MLS Schools

  • School District: Franklin Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Sep 3, 2021
Sold by
Brinegar George H
Bought by
Cheema Vishavdeep Singh
Seller's Agent
Roger Webb
Roger Webb Real Estate, Inc
Buyer's Agent
Vishavdeep Cheema
Market Street Realty LLC
List Price
$607,200
Sold Price
$260,000
Premium/Discount to List
-$347,200
-57.18%
Current Estimated Value
$335,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,571
Avg. Annual Appreciation
6.78%
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
Cheema Vishavdeep Singh $260,000 Chicago Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $260,000 -57.2% --
08/21/2021 08/21/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $607,200 -- --
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 $1,021 $41,400 $41,400 --
2023 $1,021 $41,400 $41,400 $0
2022 $1,133 $41,400 $41,400 $0
2021 $1,203 $41,400 $41,400 $0
2020 $1,016 $34,500 $34,500 $0
2019 $765 $25,500 $25,500 $0
2018 $765 $25,500 $25,500 $0
2017 $765 $25,500 $25,500 $0
2016 $765 $25,500 $25,500 $0
2014 $765 $25,500 $25,500 $0
2013 $765 $25,500 $25,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21793945

MIBOR Broker Listing Cooperative®

APN: 49-10-27-114-001.000-300