NOT LISTED FOR SALE

432 N Raceway Rd Indianapolis, IN 46234

Estimated Value: $149,000 - $337,000

3 Beds
1.5 Baths
1,680 Sq Ft
$163/Sq Ft Est. Value

Last Sold December 12, 2018

Last sale price $120,000 $71 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $1,596/month

401 Days on Market

Highlights

  • 1 Acre Lot
  • Mature Trees
  • Pole Barn
  • Maple Elementary School Rated A
  • Traditional Architecture
  • Storage

About This Home

As of December 2018

This recently renovated property would be ideal for a home based construction business to suit a neighborhood business environment located on 1 acre near Avon. The main building contains approximately 1,680 square feet. The second building is a very large 45' x 23' detached garage with electricity. In addition, the third building is a 40' x 33' pole barn type building which offers light manufacturing potential and very generous storage!

Last Agent to Sell the Property

Rhonda Hornaday

REALTY WORLD-Harbert Company License #RB14047493 Listed on: 09/10/2017

Co-Listed By

Jerry Heistand

REALTY WORLD-Harbert Company License #RB14038440

Last Buyer's Agent

Kristian Lee

The Modglin Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,314

Year Built

  • Built in 1930

Lot Details

  • 1 Acre Lot
  • Mature Trees

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Storage
  • Fire and Smoke Detector
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Pole Barn

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 320905400014000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,314

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1930
  • Co List Office Phone: 317-885-8858
  • Garage Y N: Yes
  • Lot Size Acres: 1
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: This recently renovated property would be ideal for a home based construction business to suit a neighborhood business environment located on 1 acre near Avon. The main building contains approximately 1,680 square feet. The second building is a very large 45' x 23' detached garage with electricity. In addition, the third building is a 40' x 33' pole barn type building which offers light manufacturing potential and very generous storage!
  • Transaction Type: Sale
  • Website: www.HarbertCompany.com
  • Website: L https:// 432NorthRacewayRoad.utour.me
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Refrigerator
  • Levels: Two
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Supplemental Storage
  • Living Area: 1680
  • Other Equipment: Smoke Detector
  • Room Count: 10
  • Areas Interior: Laundry in Unit,Utility Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1680
  • Main Level Sq Ft: 980
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Balcony,Deck
  • Total Sq Ft: 1680
  • Kitchen Features: Pantry
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 700
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Barn Pole, Driveway Gravel
  • Foundation Details: Concrete Perimeter, Slab
  • Association Maintained Building Exterior: 0
  • Construction Stage: Completed
  • Porch: Deck Main Level,Deck UP

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Electric
  • Garage Parking Description: Detached,Multiple Garages,Other
  • Garage Parking Other: Service Door,Storage Area,Other
  • Num Parking Spaces: 10

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available,Gas Available
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 320905400014000022
  • Acres: 1-3 Acres
  • Lot Information: Tree Mature
  • Lot Number: 0
  • Lot Size: 115x377

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1314
  • Semi Annual Property Tax Amt: 657
  • Tax Exemption: HomesteadTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Avon Community
  • Schools: Avon High,Avon North Middle,Maple Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2024
Sold by
Hughes David
Bought by
Trejo Angel Alfonso Pine and Meyliing Junieska Roj De Flores
Current Estimated Value
$274,073

Purchase Details

Listed on
Sep 10, 2017
Closed on
Dec 11, 2018
Sold by
Murray James E
Bought by
Hughes David
Seller's Agent
Rhonda Hornaday
REALTY WORLD-Harbert Company
Buyer's Agent
Kristian Lee
The Modglin Group
List Price
$162,750
Sold Price
$120,000
Premium/Discount to List
-$42,750
-26.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.75%
Original Mortgage
$70,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2012
Sold by
Horner James R
Bought by
Murray James E

Purchase Details

Closed on
Feb 10, 2010
Sold by
Horner James R
Bought by
Murray James E

Purchase Details

Closed on
May 31, 2006
Sold by
Adair Shannon J
Bought by
Horner James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,100
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2006
Sold by
Fannie Mae
Bought by
Adair Shannon J

Purchase Details

Closed on
Sep 29, 2005
Sold by
National City Mortgage Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 15, 2005
Sold by
Wrubel Jay C
Bought by
National City Mortgage Co
Source: Public Records

Range of Values:

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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
Trejo Angel Alfonso Pine $120,000 First American Title
Hughes David -- None Available
Murray James E -- Chicago Title Avon
Murray James E $110,000 None Available
Horner James R -- None Available
Adair Shannon J -- None Available
Federal National Mortgage Association -- None Available
National City Mortgage Co $87,450 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hughes David $70,000
Previous Owner Horner James R $80,100
Closed Murray James E $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2018 12/12/18 Sold $120,000 -19.9% $71 / Sq Ft
10/17/2018 10/17/18 Pending -- -- --
07/27/2018 07/27/18 Price Changed $149,900 -7.9% $89 / Sq Ft
06/25/2018 06/25/18 For Sale $162,750 +35.6% $97 / Sq Ft
06/23/2018 06/23/18 Off Market $120,000 -- --
06/18/2018 06/18/18 Price Changed $162,750 -9.6% $97 / Sq Ft
06/14/2018 06/14/18 For Sale $179,950 0.0% $107 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
01/18/2018 01/18/18 Price Changed $179,950 -10.0% $107 / Sq Ft
10/20/2017 10/20/17 Price Changed $199,950 -2.5% $119 / Sq Ft
09/10/2017 09/10/17 For Sale $204,995 -- $122 / 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 $1,932 $188,700 $52,100 $136,600
2023 $2,019 $176,900 $47,800 $129,100
2022 $1,847 $160,100 $47,800 $112,300
2021 $1,587 $139,300 $47,800 $91,500
2020 $1,509 $133,500 $47,800 $85,700
2019 $1,376 $125,200 $43,100 $82,100
2018 $1,482 $124,200 $43,100 $81,100
2017 $1,263 $120,800 $41,800 $79,000
2016 $1,315 $119,600 $41,800 $77,800
2014 $1,230 $112,000 $39,800 $72,200
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Rhonda Hornaday

    REALTY WORLD-Harbert Company

  • J

    Seller Co-Listing Agent in 2018

    Jerry Heistand

    REALTY WORLD-Harbert Company

  • K

    Buyer's Agent in 2018

    Kristian Lee

    The Modglin Group

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21509728

MIBOR Broker Listing Cooperative®

APN: 32-09-05-400-014.000-022

Indiana Hendricks County Indianapolis 46234

432 N Raceway Rd, Indianapolis, IN

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