NOT LISTED FOR SALE

Estimated Value: $426,429

12.3 Acres
$34,669 Price per Acre
535,788 Sq Ft Lot

Last Sold March 22, 2023

Last sale price $400,000

Est. 7% increase in value since last sale

Current estimated payment $2,345/month

597 Days on Market

About This Lot

As of March 2023

+/- 12.3 acres of undeveloped land zonedResidential. May be combined with the adjacent 15.2 acres (11 acres are zoned C-3 (neighborhood Commercial Development) and about 4.7 acres zoned C-1 (Office Commercial)) just minutes from I-465 on the city's southside. Ideal location a single family home or a tract for residential development.

Last Agent to Sell the Property

Jim Talhelm

Hoosier, REALTORS® License #RB14033114 Listed on: 08/09/2019

Last Buyer's Agent

Jim Talhelm

Hoosier, REALTORS® License #RB14033114 Listed on: 08/09/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $894

Lot Details

  • 12.3 Acre Lot
  • Additional Parcels

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 491504131001000500

Property Details

Property Type

Land

Est. Annual Taxes

$894

Lot Details

0

Listing Details

  • Type: Undeveloped
  • Property Sub Type: Agriculture
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2018
  • Lot Size Acres: 12.3
  • Road Frontage Type: City Street, Easement
  • Road Surface Type: Asphalt
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Website: www.hoosier-realtors.com
  • MBR_AttributionContact: jim@hoosier-realtors.com
  • Leased Land: No
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Apt<20, Residential

Exterior Features

  • Disclosures: Not Applicable
  • List Price: 380000
  • Topography: Level,Wooded
  • Road Access: Frontage Road
  • Water: Municipal Water Near By

Utilities

  • Sewer: Municipal Sewer Near
  • Solid Waste: No

Lot Info

  • Additional Parcels Description: AR
  • Additional Parcels: Yes
  • Current Use: Agriculture
  • Development Status: Surveyed
  • Lot Size Sq Ft: 12.3
  • Parcel Number: 491504131001000500
  • Zoning: D-3
  • Acres: 10-20 Acres
  • Land Characteristics: Mature Trees
  • Present Zoning: Single Family
  • Price Acre: 32520.325203252
  • Divisible: No
  • Usable Acres: 10.92

Tax Info

  • Tax Annual Amount: 894
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 447
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2019
Closed on
Apr 17, 2023
Sold by
Heeringa Family Irrevocable Living Trust
Bought by
In Indianapolis Emerson Llc
Seller's Agent
Jim Talhelm
Hoosier, REALTORS®
Buyer's Agent
Jim Talhelm
Hoosier, REALTORS®
List Price
$380,000
Sold Price
$400,000
Premium/Discount to List
$20,000
5.26%
Current Estimated Value
$426,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,429
Avg. Annual Appreciation
1.48%

Purchase Details

Closed on
Nov 25, 2013
Sold by
Heeringa John R and Heeringa John R
Bought by
Herringa Family Irrevocable Living
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
In Indianapolis Emerson Llc -- None Listed On Document
Herringa Family Irrevocable Living -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2023 03/22/23 Sold $400,000 +5.3% --
03/29/2021 03/29/21 Pending -- -- --
09/29/2020 09/29/20 For Sale $380,000 0.0% --
09/28/2020 09/28/20 Pending -- -- --
08/09/2019 08/09/19 For Sale $380,000 -- --
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 $481 $22,600 $22,600 --
2023 $481 $18,900 $18,900 $0
2022 $381 $18,900 $18,900 $0
2021 $367 $12,800 $12,800 $0
2020 $365 $12,700 $12,700 $0
2019 $440 $15,500 $15,500 $0
2018 $447 $16,000 $16,000 $0
2017 $509 $18,400 $18,400 $0
2016 $537 $19,500 $19,500 $0
2014 $495 $20,400 $20,400 $0
2013 $396 $17,500 $17,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21661122

MIBOR Broker Listing Cooperative®

APN: 49-15-04-131-001.000-500