NOT LISTED FOR SALE

4218 E Michigan St Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $15,506 - $148,000

0.09 Acre
$698,167 Price per Acre
4,008 Sq Ft Lot

Last Sold November 17, 2023

Last sale price $15,000 $17 Per Sq Ft

Est. 319% increase in value since last sale

Current estimated payment $405/month

127 Days on Market

About This Lot

As of November 2023

Cleared buildable lot in the vibrant Grace Tuxedo Park neighborhood on Indy's near east side of Indianapolis located between downtown Indy and Irvington.

Last Agent to Sell the Property

Jay Pearl

Elevate 317 Realty LLC Brokerage Email: jay@jaypearl.com License #RB14043827 Listed on: 07/05/2023

Co-Listed By

Kevin McGauley

Dropped Members Brokerage Email: jay@jaypearl.com License #RB18001861

Last Buyer's Agent

Jay Pearl

Elevate 317 Realty LLC Brokerage Email: jay@jaypearl.com License #RB14043827 Listed on: 07/05/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $620

Year Built

  • 1920

Lot Details

  • 4,008 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Tuxedo Park Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 491004119392000101

Property Details

Property Type

Land

Est. Annual Taxes

$620

Year Built

1920

Lot Details

0

Listing Details

  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2022
  • Co List Office Phone: 317-502-6385
  • Lot Size Acres: 0.09
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Tuxedo Park
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: jay@jaypearl.com
  • Attribution Contact: jay@jaypearl.com
  • Special Features: None
  • Year Built: 1920

Exterior Features

  • List Price: 25000
  • Other Structures: Not Applicable
  • Topography: Cleared
  • Road Access: Frontage Road
  • Water: Municipal Water Near By

Utilities

  • Sewer: Municipal Sewer Near
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Development Status: NoStatus
  • Lot Size Sq Ft: 4008
  • Parcel Number: 491004119392000101
  • Zoning: MU1
  • Acres: <1/4 Acre
  • Land Characteristics: City
  • Present Zoning: Single Family
  • Price Acre: 166667
  • Soil Type: Not Applic
  • Divisible: No

Tax Info

  • Tax Lot: 18
  • Semi Annual Property Tax Amt: 0
  • Tax Exemption: Other Tax Exemption/See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2023
Sold by
Near East Area Renewal Inc
Bought by
Turner Paul Carol
Total Days on Market
127
Current Estimated Value
$62,835

Purchase Details

Closed on
Jun 2, 2023
Sold by
Affordable Homematters Llc
Bought by
Near East Area Renewal Inc

Purchase Details

Closed on
Feb 11, 2022
Sold by
Renew Indianapolis Inc
Bought by
Renew Indianapolis Landbank Llc

Purchase Details

Closed on
Oct 3, 2017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2016
Sold by
Upper Class Homes
Bought by
Jl Capital 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
$0
Interest Rate
3.61%
Mortgage Type
Undefined Multiple Amounts

Purchase Details

Closed on
Mar 21, 2014
Sold by
Marion County Auditor
Bought by
Marion County

Purchase Details

Closed on
Mar 20, 2014
Sold by
Alig Howard
Bought by
County Of Marion

Purchase Details

Closed on
Feb 24, 2006
Sold by
American General Financial Services Inc
Bought by
Alig Howard

Purchase Details

Closed on
Dec 31, 2004
Sold by
Campos Damingo V and Campos Vicki L
Bought by
American General Financial Services Inc
Source: Public Records

Similar Properties in Indianapolis, IN

  • 2618 E Michigan St, Indianapolis, IN 46201

    $55,000

    • Land
    • 0.12 Acre
    • $458,333 per Acre
    • 2618 E Michigan St
    • Indianapolis, IN

    Cut Your Commute!! Just a short drive from downtown Indy sits this awesome lot just waiting for your dream home. Bring your builder, plans and hopes and get started today.

    Patsy Coffey Keller Williams Indy Metro S

    Section Image
  • 325 N Temple Ave, Indianapolis, IN 46201

    $49,900

    • Land
    • 0.1 Acre
    • $499,000 per Acre
    • 325 N Temple Ave
    • Indianapolis, IN

    Prime 35' x 125' (4,375 sq ft) lot in an up-and-coming area buzzing with opportunity. This parcel is perfect for crafting your new home or townhouses in a high-demand location surrounded by new construction. Nearby, exciting commercial developments, and newly installed pedestrian walkways and bike paths promote an active, connected lifestyle. With strong growth potential and a dynamic community

    Hayley Wild Compass Indiana, LLC

    Section Image
  • 431 N Tacoma Ave, Indianapolis, IN 46201

    $60,000

    • Land
    • 0.1 Acre
    • $600,000 per Acre
    • 431 N Tacoma Ave
    • Indianapolis, IN

    Green Grass of HOME!!! This lot in the heart of Indy is just waiting for your dream estate!! Already platted and ready, all you need is your imagination to get the project started.

    Patsy Coffey Keller Williams Indy Metro S

    Section Image
  • 13 N Tacoma Ave, Indianapolis, IN 46201

    $52,000

    • Land
    • 0.08 Acre
    • $650,000 per Acre
    • 13 N Tacoma Ave
    • Indianapolis, IN

    Great location on the NE side. Many opportunity on this lot; new construction, investment or just build your own. Few minutes away from Indianapolis downtown.

    Chirin Wihba eXp Realty, LLC

    Section Image
  • 2431 E 10th St, Indianapolis, IN 46201

    $59,900

    • Land
    • 0.12 Acre
    • $499,167 per Acre
    • 2431 E 10th St
    • Indianapolis, IN

    Corner lot in up and coming area. Corner of 10th and Tacoma. Lots of rehabs and new construction taking place.

    Vinson Abraham AMR Real Estate LLC

    Section Image
  • 215 Keystone Ave, Indianapolis, IN 46201

    $49,900

    • Land
    • 0.1 Acre
    • $499,000 per Acre
    • 215 Keystone Ave
    • Indianapolis, IN

    Buildable lot for sale near downtown! Perfect spot for a new build. Utilites on site as there was previously a home on the lot that has been since torn down. Lot is fairly cleared out and ready to go! Already has a partial metal fence. Lot next door is: 209 N Keystone Ave. Buyer's must do their Due Dilligence for confirmation of utilites and site measurements.

    Dustin Kelly Trueblood Real Estate

    Section Image
  • 209 Keystone Ave, Indianapolis, IN 46201

    $49,900

    • Land
    • 0.1 Acre
    • $499,000 per Acre
    • 209 Keystone Ave
    • Indianapolis, IN

    Buildable lot for sale near downtown! Perfect spot for a new build. Utilites on site as there was previously a home on the lot that has been since torn down. This lot does have a metal carport still on site. Lot is fairly cleared out and ready to go! Already has a partial metal fence. \ Lot next door is : 215 N Keystone Ave. Buyer's must do their Due Dilligence for confirmation of utilites and

    Dustin Kelly Trueblood Real Estate

    Section Image
  • 631 N Beville Ave, Indianapolis, IN 46201

    $80,000

    • Land
    • 0.12 Acre
    • $666,667 per Acre
    • 631 N Beville Ave
    • Indianapolis, IN

    Prime investment opportunity in a rapidly evolving area! Less than 5 minutes from The Bottleworks District, Mass Ave, and the Monon Trail. Enjoy easy access to downtown Indianapolis, top-tier restaurants, and beautiful parks. With significant renovation and development happening nearby, this property offers incredible potential for the savvy investor. Property next door at 629 Beville also for

    Cameron Harris @properties

    Section Image
  • 530 N Beville Ave, Indianapolis, IN 46201

    $80,000

    • Land
    • 0.12 Acre
    • $666,667 per Acre
    • 530 N Beville Ave
    • Indianapolis, IN

    Great residential lot located in St Clair Place, one of Indy's oldest neighborhoods and near downtown Indianapolis. Plenty of room and potential to build your new home. The lot has a foundation at the rear of lot for garage, and alley access there as well. Across the street is a community elementary school.

    Gabriel Lawless Ever Real Estate, LLC

    Section Image
See All Homes in Indianapolis

Range of Values:

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
Turner Paul Carol $15,000 --
Near East Area Renewal Inc -- None Listed On Document
Renew Indianapolis Landbank Llc -- None Listed On Document
-- -- --
Renew Indianapolis Inc -- First American Title
Jl Capital Holdings Llc -- None Available
Marion County $4,500 --
Upper Class Homes $4,500 None Available
County Of Marion $5,948 None Available
Alig Howard -- None Available
American General Financial Services Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Renew Indianapolis Inc $25,000
Previous Owner Jl Capital Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $15,000 -40.0% $17 / Sq Ft
07/05/2023 07/05/23 For Sale $25,000 -- $28 / 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 $620 $6,400 $6,400 --
2023 $620 $6,400 $6,400 $0
2022 -- $6,400 $6,400 --
2021 $0 $6,400 $6,400 $0
2020 $0 $2,000 $2,000 $0
2019 $0 $2,000 $2,000 $0
2018 $32 $36,400 $2,000 $34,400
2017 $2,632 $33,000 $2,000 $31,000
2016 $687 $29,700 $2,000 $27,700
2014 $917 $28,000 $2,000 $26,000
2013 $917 $44,100 $2,000 $42,100
Source: Public Records

Agents Affiliated with this Home

  • Jay Pearl

    Seller's Agent in 2023

    Jay Pearl

    Elevate 317 Realty LLC

    (317) 502-6385

    36 in this area

    59 Total Sales

    Jay Pearl
    Section Image

  • K

    Seller Co-Listing Agent in 2023

    Kevin McGauley

    Dropped Members

    (317) 502-6385

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21930375

MIBOR Broker Listing Cooperative®

APN: 49-10-04-119-392.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

4218 E Michigan St, Indianapolis, IN

This home is located at 4218 E Michigan St, Indianapolis, IN 46201 since 05 July 2023 and is currently estimated at $62,835, approximately $69 per square foot. This property was built in 1920. 4218 E Michigan St is a home located in Marion County with nearby schools including Ralph Waldo Emerson School 58, Arlington Community Middle School, and Arsenal Technical High 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.

Nearby Homes