NOT LISTED FOR SALE

Estimated Value: $126,000 - $330,068

1 Acre
$198,023 Price per Acre
43,560 Sq Ft Lot

Last Sold October 23, 2018

Last sale price $190,000

Est. 4% increase in value since last sale

Current estimated payment $1,204/month

513 Days on Market

About This Lot

As of October 2018

Location-Location-Location! Approximately 1 mile from Main Street Speedway & IMS. This is 6 parcels. Being SOLD together with 3971 W. 10th. Both listings for $225,000. The eight lots are just over 1 acre. Hard to find zoned C-7 with about 230 ft of road frontage. A perfect location for your business. Per Marion County planning this could be a gas station, auto sales, restaurant, car wash, etc. Many options. The current house is on a septic. Municipal sewer is available. The property has an electrical easement.

Last Agent to Sell the Property

Tamara Allen

Carpenter, REALTORS® License #RB14044342 Listed on: 03/22/2017

Carpenter, REALTORS®

Last Buyer's Agent

Craig McLaurin

Redfin Corporation

Redfin Corporation

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $994

Lot Details

  • 1

Additional Features

  • 1 Acre Lot
  • Septic Tank

Community Details

  • James A & Joann Thompsons Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491105128013000901

Property Details

Property Type

Land

Est. Annual Taxes

$994

Lot Details

0

Listing Details

  • Type: SeeRemarks
  • Property Sub Type: Commercial Land
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2016
  • Lot Size Acres: 1
  • Road Frontage Type: City Street
  • Road Surface Type: Gravel
  • Subdivision Name: JAMES A & JOANN THOMPSONS
  • Inspection Warranties: SeeRemarks
  • Property Description: Location-Location-Location! Approximately 1 mile from Main Street Speedway & IMS. This is 6 parcels. Being SOLD together with 3971 W. 10th. Both listings for $225,000. The eight lots are just over 1 acre. Hard to find zoned C-7 with about 230 ft of road frontage. A perfect location for your business. Per Marion County planning this could be a gas station, auto sales, restaurant, car wash, etc. Many options. The current house is on a septic. Municipal sewer is available. The property has an electrical easement.
  • Transaction Type: Sale
  • Website: http://www.indy.gov/eGov/City/DMD/Current/Documents/Ordinance%20Rev/Chapter%20743%20Uses%20USS%20-Footnoted%20050916%20-100%20pages.pdf
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0

Exterior Features

  • Disclosures: Not Applicable
  • List Price: 225000
  • Topography: Cleared,Level,SeeRemarks
  • Road Access: CityStreet
  • Water: Municipal Water on Site

Utilities

  • Sewer: Municipal Sewer Near, Septic Tank
  • Solid Waste: 0

Lot Info

  • Development Status: Not Applicable
  • Number Of Lots: 6
  • Parcel Number: 491105128013000901
  • Zoning: C-7
  • Acres: 1-3 Acres
  • Lot Number: 5
  • Lot Size: 40x129
  • Improvements: FenceMetal,Sidewalks
  • Land Characteristics: City,See Remarks
  • Potential Zoning: Commercial
  • Present Zoning: Commercial
  • Price Acre: 225000
  • Soil Type: SeeRemarks
  • Divisible: 0

Tax Info

  • Tax Annual Amount: 994
  • Semi Annual Property Tax Amt: 497
  • Tax Exemption: None
  • Multiple Tax I D: 491105128008000901
  • Tax Info N A Prop Split: 0

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2017
Closed on
Oct 23, 2018
Sold by
Allen Trust
Bought by
J P Mcmahon Properties Llc
Seller's Agent
Tamara Allen
Carpenter, REALTORS®
Buyer's Agent
Craig McLaurin
Redfin Corporation
List Price
$225,000
Sold Price
$190,000
Premium/Discount to List
-$35,000
-15.56%
Current Estimated Value
$198,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,023
Avg. Annual Appreciation
0.60%

Purchase Details

Closed on
Jun 16, 2011
Sold by
County Of Marion
Bought by
Tena M Allen Trust
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
J P Mcmahon Properties Llc -- First American Title
Tena M Allen Trust $3,323 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2018 10/23/18 Sold $190,000 -15.6% --
08/18/2018 08/18/18 Pending -- -- --
02/15/2018 02/15/18 Price Changed $225,000 0.0% --
02/15/2018 02/15/18 For Sale $225,000 -25.0% --
01/04/2018 01/04/18 Pending -- -- --
10/18/2017 10/18/17 Price Changed $300,000 -14.3% --
06/29/2017 06/29/17 Price Changed $349,900 -20.3% --
06/20/2017 06/20/17 Price Changed $439,000 -7.6% --
03/22/2017 03/22/17 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 $1,797 $120,400 $80,800 $39,600
2023 $1,797 $45,200 $9,100 $36,100
2022 $1,339 $45,200 $9,100 $36,100
2021 $1,043 $34,000 $3,000 $31,000
2020 $931 $29,400 $3,000 $26,400
2019 $885 $27,200 $3,000 $24,200
2018 $980 $31,300 $3,000 $28,300
2017 $887 $31,100 $3,000 $28,100
2016 $851 $30,400 $3,000 $27,400
2014 $636 $29,400 $3,000 $26,400
2013 $611 $29,400 $3,000 $26,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21472765

MIBOR Broker Listing Cooperative®

APN: 49-11-05-128-013.000-901