NOT LISTED FOR SALE

5163 Elmwood Ave Beech Grove, IN 46203

Estimated Value: $1,107,321

2.67 Acres
$414,727 Price per Acre
116,305 Sq Ft Lot

Last Sold February 24, 2025

Last sale price $1,050,000

Est. 5% increase in value since last sale

Current estimated payment $6,044/month

313 Days on Market

About This Lot

As of February 2025

This home is located at 5163 Elmwood Ave, Beech Grove, IN 46203 since 16 June 2023 and is currently estimated at $1,107,321. 5163 Elmwood Ave is a home located in Marion County with nearby schools including Hornet Park Elementary School, South Grove Intermediate School, and Central Elementary School.

Last Agent to Sell the Property

David Baird

OK Baird, LLC Brokerage Email: david@okbaird.com License #RB14029774 Listed on: 06/16/2023

Last Buyer's Agent

David Baird

OK Baird, LLC Brokerage Email: david@okbaird.com License #RB14029774 Listed on: 06/16/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,246

Lot Details

  • 2.67 Acre Lot

Schools

  • Hornet Park Elementary School
  • Beech Grove Middle School
  • South Grove Intermediate School
  • Beech Grove Sr High School

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 491034128005000302
  • Seller Concessions Not Offered

Property Details

Property Type

Land

Est. Annual Taxes

$2,246

Lot Details

0

Listing Details

  • Type: Other
  • Property Sub Type: Commercial Land
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2021
  • Lot Size Acres: 2.67
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: No Subdivision
  • Inspection Warranties: See Remarks
  • Transaction Type: Sale
  • MBR_AttributionContact: david@okbaird.com
  • Attribution Contact: david@okbaird.com
  • Special Features: None

Exterior Features

  • Other Structures: Not Applicable
  • Topography: Level
  • Road Access: Street Cuts
  • Water: Municipal Water on Site

Utilities

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

Schools

  • Middle Or Junior School: Beech Grove Middle School
  • MBR_IntermediateSchool: South Grove Intermediate School

Lot Info

  • Development Status: Not Applicable
  • Horse Amenities: None
  • Lot Size Sq Ft: 116436
  • Number Of Lots: 1
  • Parcel Number: 491034128005000302
  • Zoning: C 4
  • Acres: 1-3 Acres
  • Land Characteristics: Commercial Park
  • Present Zoning: Commercial
  • Soil Type: Not Applic
  • Divisible: No

Tax Info

  • Tax Annual Amount: 2246
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 1123

MLS Schools

  • Elementary School: Hornet Park Elementary School
  • High School: Beech Grove Sr High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Feb 24, 2025
Sold by
Maharaja Banquet Hall Corp
Bought by
Athwal Investments Group Llc
Seller's Agent
David Baird
OK Baird, LLC
Buyer's Agent
David Baird
OK Baird, LLC
List Price
$1,300,000
Sold Price
$1,050,000
Premium/Discount to List
-$250,000
-19.23%
Views
119
Current Estimated Value
$1,107,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,321
Avg. Annual Appreciation
7.77%

Purchase Details

Closed on
Jan 16, 2019
Sold by
Just On Tim Trans Inc
Bought by
Maharaja Banquet Hall Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$923,200
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 2016
Sold by
Hoosier Collins Commerical Strategies Ll
Bought by
Just On Time Trans Inc

Purchase Details

Closed on
Jan 23, 2015
Sold by
Hoosier Collins Commercial Strategies Ll
Bought by
Amrep Llc

Purchase Details

Closed on
Oct 19, 2012
Sold by
Marion County
Bought by
Hoosier Colliars

Purchase Details

Closed on
Oct 18, 2012
Sold by
Marion County Auditor
Bought by
Marion County
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
Athwal Investments Group Llc -- Ata National Title Group
Maharaja Banquet Hall Corp -- None Available
Just On Time Trans Inc -- None Available
Amrep Llc -- None Available
Hoosier Colliars $80,000 --
Marion County $3,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maharaja Banquet Hall Corp $923,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2025 02/24/25 Sold $1,050,000 -19.2% --
04/25/2024 04/25/24 Pending -- -- --
06/16/2023 06/16/23 For Sale $1,300,000 -- --
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 $2,482 $65,500 $65,000 $500
2023 $2,482 $65,500 $65,000 $500
2022 $2,529 $65,500 $65,000 $500
2021 $2,246 $59,600 $59,100 $500
2020 $2,147 $59,600 $59,100 $500
2019 $2,091 $59,600 $59,100 $500
2018 $2,039 $59,600 $59,100 $500
2017 $2,087 $59,600 $59,100 $500
2016 $2,072 $59,600 $59,100 $500
2014 $2,285 $68,200 $67,700 $500
2013 -- $68,200 $67,700 $500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    David Baird

    OK Baird, LLC

    (317) 538-5763

    1 in this area

    58 Total Sales

    David Baird
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21927094

MIBOR Broker Listing Cooperative®

APN: 49-10-34-128-005.000-302

Indiana Marion County Beech Grove 46203

5163 Elmwood Ave, Beech Grove, IN

Not Listed for Sale

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