NOT LISTED FOR SALE

3120 E 48th St Indianapolis, IN 46205

Millersville Neighborhood

Estimated Value: $404,000 - $585,799

0.55 Acres
$932,182 Price per Acre
23,958 Sq Ft Lot

Last Sold May 17, 2022

Last sale price $50,000 $47 Per Sq Ft

Est. 925% increase in value since last sale

Current estimated payment $3,304/month

125 Days on Market

About This Lot

As of May 2022

Great opportunity to either build your dream home or to construct a cash-producing investment property! Located on a rare double lot with over a HALF ACRE of land, this parcel has great proximity to Fall Creek, Meridian Kessler and SoBro communities, and tons of local shopping, dining, and more! Lot is 120'x200' feet and has all water, electric, and gas utilities in place. Mature trees around much of the lot perimeter gives future owners LOTS of privacy!

Last Agent to Sell the Property

Joshua Baradaran-Dilmaghani

White Stag Realty, LLC Listed on: 08/13/2021

Last Buyer's Agent

Ronald Miller

American Dream Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $778

Lot Details

  • 0.55 Acre Lot

Community Details

  • Steinmeiers Marion Highland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490708114021000800

Property Details

Property Type

Land

Est. Annual Taxes

$778

Lot Details

0.55 Acres

Listing Details

  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2020
  • Lot Size Acres: 0.55
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: STEINMEIERS MARION HIGHLAND
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0

Exterior Features

  • Disclosures: Not Applicable
  • Topography: Cleared
  • Road Access: Frontage Road,CityStreet
  • Water: NotApplic

Utilities

  • Sewer: Not Applicable
  • Solid Waste: 1

Lot Info

  • Development Status: Not Applicable
  • Parcel Number: 490708114021000800
  • Zoning: Residential
  • Acres: 1/2-1 Acre
  • Lot Number: 19 & 20
  • Lot Size: 12,001
  • Improvements: NotApplic
  • Land Characteristics: City
  • Potential Zoning: Multi-Fam
  • Present Zoning: Single Family

Tax Info

  • Tax Annual Amount: 778
  • Semi Annual Property Tax Amt: 389
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2023
Sold by
Davis Building Group Llc
Bought by
Mack Derrick and Green Lakisha
Current Estimated Value
$512,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,600
Outstanding Balance
$458,487
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$54,213

Purchase Details

Listed on
Aug 13, 2021
Closed on
May 24, 2022
Sold by
Sail Away Investments Llc
Bought by
Davis Building Group Llc
Seller's Agent
Joshua Baradaran-Dilmaghani
White Stag Realty, LLC
Buyer's Agent
Ronald Miller
American Dream Realty
Sold Price
$50,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
86.03%

Purchase Details

Closed on
Jan 23, 2014
Sold by
Deshano Lawrence D
Bought by
Sail Away Investments Llc
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
Mack Derrick -- Royal Title Services
Davis Building Group Llc -- Nelson & Frankenberger
Sail Away Investments Llc $9,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mack Derrick $471,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2022 05/17/22 Sold $50,000 -16.7% $47 / Sq Ft
12/16/2021 12/16/21 Pending -- -- --
09/03/2021 09/03/21 For Sale -- -- --
08/23/2021 08/23/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $60,000 -- $56 / Sq Ft
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
2024 $8,050 $538,200 $88,400 $449,800
2023 $8,050 $591,000 $88,400 $502,600
2022 $770 $591,000 $88,400 $502,600
2021 $810 $30,000 $30,000 $0
2020 $778 $30,000 $30,000 $0
2019 $731 $30,000 $30,000 $0
2018 $717 $30,000 $30,000 $0
2017 $757 $30,000 $30,000 $0
2016 $719 $30,000 $30,000 $0
2014 $2,622 $127,200 $15,000 $112,200
2013 $1,128 $120,100 $15,000 $105,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Joshua Baradaran-Dilmaghani

    White Stag Realty, LLC

    Section Image

  • R

    Buyer's Agent in 2022

    Ronald Miller

    American Dream Realty

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21805069

MIBOR Broker Listing Cooperative®

APN: 49-07-08-114-021.000-800

Indiana Marion County Indianapolis 46205 Millersville

3120 E 48th St, Indianapolis, IN

Not Listed for Sale

Lots

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.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.