NOT LISTED FOR SALE

3402 N Sherman Dr Indianapolis, IN 46218

Avondale Meadows Neighborhood

Estimated Value: $341,916

1 Acre
$341,916 Price per Acre
43,560 Sq Ft Lot

Last Sold August 11, 2022

Last sale price $275,000

Est. 24% increase in value since last sale

Current estimated payment $2,170/month

177 Days on Market

About This Lot

As of August 2022

Hard Corner Lot Now Available! 34th and Sherman 1 +/- Acres, Excellent Exposure, Zoned C-3, Perfect for Many Businesses including Retail and Restaurant. 2,500sf garage on site, currently rented M-T-M at $1,000/mo. Value is in land, not building.

Last Agent to Sell the Property

Shelly Johnson

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

Keller Williams Indy Metro S

Co-Listed By

Kayla Johnson

Keller Williams Indy Metro S

Last Buyer's Agent

Virender Kumar

United Real Estate Indpls

United Real Estate Indpls

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,414

Lot Details

  • 1 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 490720141001000101

Property Details

Property Type

Land

Est. Annual Taxes

$2,414

Lot Details

0

Listing Details

  • Type: SeeRemarks
  • Property Sub Type: Commercial Land
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2020
  • Co List Office Phone: 317-882-5900
  • Lot Size Acres: 1
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0

Exterior Features

  • Disclosures: Not Applicable
  • List Price: 370000
  • Other Structures: See Remarks
  • Topography: Cleared
  • Road Access: Frontage Road
  • Water: Municipal Water on Site

Utilities

  • Sewer: Municipal Sewer On Site
  • Solid Waste: 1

Lot Info

  • Development Status: See Remarks
  • Number Of Lots: 1
  • Parcel Number: 490720141001000101
  • Zoning: C-3
  • Acres: 1-3 Acres
  • Lot Number: 1
  • Lot Size: 43,560
  • Improvements: Paved Streets
  • Land Characteristics: Corner
  • Potential Zoning: Commercial
  • Present Zoning: Commercial
  • Price Acre: 370000
  • Divisible: 0

Tax Info

  • Tax Annual Amount: 2414
  • Semi Annual Property Tax Amt: 1207
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2021
Closed on
Aug 8, 2022
Sold by
Sherman Property Group Inc
Bought by
Kaur Ninder
Seller's Agent
Shelly Johnson
Keller Williams Indy Metro S
Buyer's Agent
Virender Kumar
United Real Estate Indpls
List Price
$400,000
Sold Price
$275,000
Premium/Discount to List
-$125,000
-31.25%
Current Estimated Value
$341,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,916
Avg. Annual Appreciation
5.16%

Purchase Details

Closed on
Sep 23, 2007
Sold by
Keaton Harvey
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
Kaur Ninder $275,000 Kolas John E
Sherman Property Group Inc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2022 08/11/22 Sold $275,000 -25.7% --
05/23/2022 05/23/22 Pending -- -- --
05/12/2022 05/12/22 Price Changed $370,000 -7.5% --
11/27/2021 11/27/21 For Sale $400,000 -- --
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 $3,722 $113,400 $37,600 $75,800
2023 $3,722 $113,400 $37,600 $75,800
2022 $3,711 $113,400 $37,600 $75,800
2021 $3,568 $102,100 $32,700 $69,400
2020 $2,414 $81,500 $32,700 $48,800
2019 $2,393 $79,400 $32,700 $46,700
2018 $2,952 $79,400 $32,700 $46,700
2017 $2,614 $78,000 $32,700 $45,300
2016 $2,283 $75,400 $32,700 $42,700
2014 $2,194 $75,100 $32,700 $42,400
2013 $2,219 $86,000 $43,600 $42,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Shelly Johnson

    Keller Williams Indy Metro S

    Section Image

  • K

    Seller Co-Listing Agent in 2022

    Kayla Johnson

    Keller Williams Indy Metro S

    Section Image

  • V

    Buyer's Agent in 2022

    Virender Kumar

    United Real Estate Indpls

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21825707

MIBOR Broker Listing Cooperative®

APN: 49-07-20-141-001.000-101

Indiana Marion County Indianapolis 46218 Avondale Meadows

3402 N Sherman Dr, Indianapolis, IN

This home is located at 3402 N Sherman Dr, Indianapolis, IN 46218 since 27 November 2021 and is currently estimated at $341,916. 3402 N Sherman Dr is a home located in Marion County with nearby schools including Arlington Woods Elementary School No. 99, 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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