NOT LISTED FOR SALE

3531 Five Points Rd Indianapolis, IN 46239

Five Points Neighborhood

Estimated Value: $522,830

2 Beds
3 Baths
1,600 Sq Ft
$327/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $350,000 $219 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,283/month

25 Days on Market

Highlights

  • 6.62 Acre Lot
  • Pole Barn
  • Thermal Windows
  • Franklin Central High School Rated A-
  • Wood Frame Window
  • Walk-In Closet

About This Home

As of February 2020

Unique 4000sf (100'x40') pole barn sitting on 6.62 acres zoned D-A. Middle 1/3 used to be living space on main and upper level. Most recent use was a lawncare company so kitchen was removed and it is more laid out to be light office space with tons of warehouse storage area on either side. The storage area has 17' ceilings and the right side is insulated. There is a large stocked pond out back with a 2nd level deck overlooking it off what could be a master bedroom or office. Parking lot is fully fenced with large gate at driveway. It had a variance to be a lawn company that is no longer attached to the land. Let your imagination run wild with what this could be for you!! Please see attached documents to see what D-A zoning allows for.

Last Agent to Sell the Property

Rusty Harsin

Hoosier, REALTORS® License #RB14044916 Listed on: 01/20/2020

Last Buyer's Agent

Rusty Harsin

Hoosier, REALTORS® License #RB14044916 Listed on: 01/20/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,606

Year Built

  • Built in 1996

Lot Details

  • 6.62

Parking

  • 4 Car Garage
  • Gravel Driveway

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Thermal Windows
  • Wood Frame Window
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Additional Features

  • Pole Barn
  • 6.62 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 491025114012000300

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,606

Year Built

Built in 1996

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1996
  • Garage Y N: Yes
  • Lot Size Acres: 6.62
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Unique 4000sf (100'x40') pole barn sitting on 6.62 acres zoned D-A. Middle 1/3 used to be living space on main and upper level. Most recent use was a lawncare company so kitchen was removed and it is more laid out to be light office space with tons of warehouse storage area on either side. The storage area has 17' ceilings and the right side is insulated. There is a large stocked pond out back with a 2nd level deck overlooking it off what could be a master bedroom or office. Parking lot is fully fenced with large gate at driveway. It had a variance to be a lawn company that is no longer attached to the land. Let your imagination run wild with what this could be for you!! Please see attached documents to see what D-A zoning allows for.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: Two
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Interior Amenities: Walk-in Closet(s), Windows Thermal, Windows Wood
  • Living Area: 1600
  • Other Equipment: Smoke Detector
  • Room Count: 7
  • Areas Interior: Foyer Small
  • Eating Area: None
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1600
  • Main Level Sq Ft: 800
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 2
  • Master Bedroom Description: Balcony,Closet Walk in,TubFull with Shower
  • Total Sq Ft: 1600
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 800

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Exterior Features: Barn Pole, Driveway Gravel
  • Foundation Details: Slab
  • List Price: 425000
  • Association Maintained Building Exterior: 0
  • Porch: Balcony,Multiple Decks

Garage/Parking

  • Garage Spaces: 4
  • Fuel: Gas
  • Garage Parking Description: Attached,Multiple Garages

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Well
  • Solid Waste: 1
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491025114012000300
  • Acres: 5-10 Acres
  • Lot Information: Pond,Not In Subdivision,See Remarks
  • Lot Number: 0
  • Lot Size: 850x334

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2606
  • Semi Annual Property Tax Amt: 1303
  • Tax Exemption: None

MLS Schools

  • School District: Franklin Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2020
Closed on
Feb 11, 2020
Sold by
Smith James C and Smith Julie A
Bought by
Neat Investments Llc
Seller's Agent
Rusty Harsin
Hoosier, REALTORS®
Buyer's Agent
Rusty Harsin
Hoosier, REALTORS®
List Price
$425,000
Sold Price
$350,000
Premium/Discount to List
-$75,000
-17.65%
Total Days on Market
25
Current Estimated Value
$522,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,830
Avg. Annual Appreciation
8.00%

Purchase Details

Listed on
Jan 20, 2020
Closed on
Jan 31, 2020
Sold by
Rees William
Bought by
Smith James C and Smith Julie A
Seller's Agent
Rusty Harsin
Hoosier, REALTORS®
Buyer's Agent
Rusty Harsin
Hoosier, REALTORS®
List Price
$425,000
Sold Price
$350,000
Premium/Discount to List
-$75,000
-17.65%

Purchase Details

Closed on
Dec 5, 2019
Sold by
Dbs Holdings Llc
Bought by
Rees William

Purchase Details

Closed on
Dec 15, 2011
Sold by
Mccaslin Shildes M
Bought by
Dbs Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,500
Interest Rate
5%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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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
Neat Investments Llc -- None Available
Smith James C -- Security Title
Rees William $150,000 Chicago Title
Dbs Holdings Llc -- National Attorneys Title Ass
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dbs Holdings Llc $147,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $350,000 -17.6% $219 / Sq Ft
02/15/2020 02/15/20 Pending -- -- --
01/20/2020 01/20/20 For Sale $425,000 -- $266 / 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 $4,578 $169,200 $140,900 $28,300
2023 $4,578 $169,200 $140,900 $28,300
2022 $5,022 $169,200 $140,900 $28,300
2021 $4,863 $154,300 $128,100 $26,200
2020 $2,964 $93,300 $52,700 $40,600
2019 $2,962 $92,200 $52,700 $39,500
2018 $2,950 $92,200 $52,700 $39,500
2017 $2,920 $91,600 $52,700 $38,900
2016 $2,887 $90,900 $52,700 $38,200
2014 $1,607 $71,300 $37,200 $34,100
2013 $1,607 $71,300 $37,200 $34,100
Source: Public Records

Agents Affiliated with this Home

  • Rusty Harsin

    Seller's Agent in 2020

    Rusty Harsin

    Hoosier, REALTORS®

    (317) 640-6731

    11 in this area

    139 Total Sales

    Rusty Harsin
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21690202

MIBOR Broker Listing Cooperative®

APN: 49-10-25-114-012.000-300

Indiana Marion County Indianapolis 46239 Five Points

3531 Five Points Rd, Indianapolis, IN

This home is located at 3531 Five Points Rd, Indianapolis, IN 46239 since 20 January 2020 and is currently estimated at $522,830, approximately $326 per square foot. This property was built in 1996. 3531 Five Points Rd is a home located in Marion County with nearby schools including Franklin Central High School, St. John Evangelical Lutheran School, and Nativity Catholic 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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