NOT LISTED FOR SALE

Estimated Value: $32,000 - $127,000

0.12 Acre
$555,000 Price per Acre
5,053 Sq Ft Lot

Last Sold July 08, 2024

Last sale price $35,000 $44 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $379/month

18 Days on Market

About This Lot

As of July 2024

This 39x130 flat, vacant lot is the perfect canvas to build your dream home or investment property from scratch. With convenient alley access for a garage or additional parking options, this lot offers both functionality and potential. Situated just minutes from the vibrant heart of Broad Ripple, close to the State Fairgrounds, and downtown Indy, you'll find an abundance of shops, restaurants, and entertainment options nearby. Whether you're looking to create a personal haven or a lucrative investment property, this location offers an ideal opportunity to capitalize on the area's rapid development and rising property values. Multiple new construction nearby homes on similarly sized lots have sold in the $289-375K range within the last six months. Don't miss out on a prime opportunity in this thriving area.

Last Agent to Sell the Property

Gretchen Szostak

DNA Properties, LLC Brokerage Email: gretchen@DNApropertiesIndy.com License #RB14046580 Listed on: 06/07/2024

Last Buyer's Agent

Lincoln Gardner

Alpine Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $361

Lot Details

  • 5,053

Additional Features

  • 5,053 Sq Ft Lot
  • Municipal Utilities District Sewer

Community Details

  • Montrose Subdivision

Listing and Financial Details

  • Tax Lot 330
  • Assessor Parcel Number 490718103456000801
  • Seller Concessions Not Offered

Property Details

Property Type

Land

Est. Annual Taxes

$361

Lot Details

0

Listing Details

  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2023
  • Lot Size Acres: 0.12
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Montrose
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: gretchen@DNApropertiesIndy.com
  • Attribution Contact: gretchen@DNApropertiesIndy.com
  • Special Features: None

Exterior Features

  • Other Structures: No Building
  • Topography: Cleared,Level
  • Road Access: Access Rd
  • Water: Municipal Water on Site

Utilities

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

Lot Info

  • Development Status: Not Applicable
  • Horse Amenities: None
  • Lot Size Sq Ft: 5053
  • Parcel Number: 490718103456000801
  • Zoning: D-5
  • Acres: <1/4 Acre
  • Land Characteristics: City,Suburban
  • Present Zoning: Single Family
  • Soil Type: Not Applic
  • Divisible: No

Tax Info

  • Tax Annual Amount: 361.2
  • Tax Lot: 330
  • Semi Annual Property Tax Amt: 180.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Jul 11, 2024
Sold by
Ynb Llc
Bought by
Diane Robert Llc and Layman Chester Llc
Seller's Agent
Gretchen Szostak
DNA Properties, LLC
Buyer's Agent
Lincoln Gardner
Alpine Realty, LLC
List Price
$39,900
Sold Price
$35,000
Premium/Discount to List
-$4,900
-12.28%
Views
7
Current Estimated Value
$66,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,600
Avg. Annual Appreciation
51.86%

Purchase Details

Listed on
Jun 7, 2024
Closed on
Jul 8, 2024
Sold by
Ynb Llc
Bought by
Diane Robert Llc and Layman Chester Llc
Seller's Agent
Gretchen Szostak
DNA Properties, LLC
Buyer's Agent
Lincoln Gardner
Alpine Realty, LLC
List Price
$39,900
Sold Price
$35,000
Premium/Discount to List
-$4,900
-12.28%
Views
7

Purchase Details

Listed on
Oct 21, 2020
Closed on
Nov 12, 2020
Sold by
Lugasi Roei
Bought by
Ynb Llc
Seller's Agent
Tamar Keren
F.C. Tucker Company
Buyer's Agent
Gretchen Szostak
DNA Properties, LLC
List Price
$20,000
Sold Price
$16,000
Premium/Discount to List
-$4,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.99%

Purchase Details

Closed on
Dec 5, 2019
Sold by
Urban Cottage Llc
Bought by
Lugasi Roei

Purchase Details

Closed on
Oct 27, 2017
Sold by
Richard Richard H and Richard Jr
Bought by
William S Wagnon Manager

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2013
Sold by
John R Layton Sheriff Of Marion County

Purchase Details

Closed on
Jan 26, 2007
Sold by
Weber Amy G and Weber John M
Bought by
J M Weber Enterprises Llc

Purchase Details

Closed on
Mar 27, 2006
Sold by
Weber John M
Bought by
Weber Amy G and Weber John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,750
Interest Rate
9.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Diane Robert Llc $35,000 None Listed On Document
Diane Robert Llc -- None Listed On Document
Ynb Llc $16,000 Security Title
Lugasi Roei -- None Available
William S Wagnon Manager $40,000 --
Urban Cottage Llc -- --
-- $12,300 --
J M Weber Enterprises Llc -- None Available
Weber Amy G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Urban Cottage Llc $52,500
Previous Owner Weber Amy G $61,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2024 07/08/24 Sold $35,000 -12.3% $44 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $39,900 +149.4% $50 / Sq Ft
11/16/2020 11/16/20 Sold $16,000 -20.0% $20 / Sq Ft View Prior Sale
10/27/2020 10/27/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $20,000 -- $25 / 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 $417 $13,200 $13,200 --
2023 $417 $13,200 $13,200 $0
2022 $142 $13,300 $13,200 $100
2021 $210 $3,200 $3,100 $100
2020 $140 $3,700 $3,100 $600
2019 $140 $3,700 $3,100 $600
2018 $136 $3,600 $3,100 $500
2017 $124 $3,600 $3,100 $500
2016 $118 $3,500 $3,100 $400
2014 $79 $3,500 $3,100 $400
2013 $1,096 $51,900 $3,100 $48,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21983341

MIBOR Broker Listing Cooperative®

APN: 49-07-18-103-456.000-801