NOT LISTED FOR SALE

Estimated Value: $723,000 - $1,026,000

0.04 Acre
$20,391,045 Price per Acre
1,917 Sq Ft Lot

Last Sold October 11, 2017

Last sale price $72,165

Est. 1,127% increase in value since last sale

Current estimated payment $5,707/month

33 Days on Market

About This Lot

As of October 2017

Location, location, location!!! Looking to build your dream home in downtown Indy? Now is your chance to design your new residence in the highly sought after Chatham Arch neighborhood.

Last Agent to Sell the Property

Jennifer Kikendall-wilkinson

@properties License #RB16001326 Listed on: 07/14/2017

@properties

Last Buyer's Agent

Brad Litz

Litz Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $656

Lot Details

  • 1,917 Sq Ft Lot

Community Details

  • Browns Sub Ovid Butlers 1St Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490636195003000101

Property Details

Property Type

Land

Est. Annual Taxes

$656

Lot Details

0

Listing Details

  • Type: Single Lot,Undeveloped
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2016
  • Lot Size Acres: 0.044
  • Road Frontage Type: City Street
  • Road Surface Type: NotApplic
  • Subdivision Name: BROWNS SUB OVID BUTLERS 1ST ADD
  • Property Description: Location, location, location!!! Looking to build your dream home in downtown Indy? Now is your chance to design your new residence in the highly sought after Chatham Arch neighborhood.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

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

Exterior Features

  • Disclosures: Not Applicable
  • List Price: 99900
  • Topography: Level
  • Road Access: CityStreet
  • Water: Municipal Water Near By

Utilities

  • Sewer: Municipal Sewer Near
  • Solid Waste: 0

Lot Info

  • Parcel Number: 490636195003000101
  • Zoning: D8
  • Acres: <1/4 Acre
  • Lot Number: 1054954
  • Lot Size: 1,917
  • Improvements: NotApplic
  • Land Characteristics: City
  • Potential Zoning: Single Family
  • Present Zoning: Single Family
  • Divisible: 0

Tax Info

  • Tax Annual Amount: 656
  • Semi Annual Property Tax Amt: 328
  • Tax Exemption: None
  • Tax Info N A Prop Split: 0

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2019
Sold by
Litz & Eaton Investments Llc
Bought by
Reed Thomas W and Reed Barbara A
Current Estimated Value
$885,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 14, 2017
Closed on
Oct 11, 2017
Seller's Agent
Jennifer Kikendall-wilkinson
@properties
Buyer's Agent
Brad Litz
Litz Real Estate
List Price
$99,900
Sold Price
$72,165
Premium/Discount to List
-$27,735
-27.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.97%

Purchase Details

Closed on
Jun 19, 2015
Sold by
Guy Laura
Bought by
Latitude Community Investments

Purchase Details

Closed on
Mar 5, 2015
Sold by
Scott Michael
Bought by
Guy Laura

Purchase Details

Closed on
Feb 5, 2009
Sold by
Wagstaff Ivan and Wagstaff Amy
Bought by
Scott Michael

Purchase Details

Closed on
Aug 18, 2004
Sold by
Riley Area Revitalization Program Inc
Bought by
Wagstaff Ivan and Wagstaff Amy
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
Reed Thomas W $875,000 Royal Title Services
-- $72,200 --
Litz & Eaton Investments Llc $72,165 Royal Title Services
Latitude Community Investments -- None Available
Guy Laura -- Mtc
Scott Michael -- Chicago Title Insurance Co
Wagstaff Ivan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Thomas W $411,000
Closed Reed Thomas W $437,500
Previous Owner Lits & Eaton Investment Llc $531,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2017 10/11/17 Sold $72,165 -27.8% --
08/16/2017 08/16/17 Pending -- -- --
07/13/2017 07/13/17 For Sale $99,900 -- --
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 $10,310 $887,100 $58,600 $828,500
2023 $10,310 $840,100 $58,600 $781,500
2022 $10,746 $898,500 $58,600 $839,900
2021 $9,995 $831,200 $27,900 $803,300
2020 $9,053 $751,400 $27,900 $723,500
2019 $3,192 $262,800 $27,900 $234,900
2018 $780 $25,100 $25,100 $0
2017 $691 $25,100 $25,100 $0
2016 $656 $25,100 $25,100 $0
2014 $733 $25,100 $25,100 $0
2013 $742 $25,100 $25,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21500170

MIBOR Broker Listing Cooperative®

APN: 49-06-36-195-003.000-101