NOT LISTED FOR SALE

Estimated Value: $468,000 - $703,350

5 Acres
$122,568 Price per Acre
217,800 Sq Ft Lot

Last Sold July 22, 2020

Last sale price $150,000

Est. 309% increase in value since last sale

Current estimated payment $3,426/month

363 Days on Market

About This Lot

As of July 2020

5 prime acres in Franklin Township ready for your final touches. All thats needed in this location is a set of plans and your favorite builder. Far from the city, yet close enough to shopping, parks, dining and entertainment. Within minutes to major highways and 15 minutes to downtown Indianapolis. Set the markers and make this lot your new family's home.

Last Agent to Sell the Property

Tyre Shelton

Hoosier, REALTORS® License #RB16001284 Listed on: 07/17/2019

Last Buyer's Agent

Marcia Souers

eXp Realty, LLC License #RB14034797

eXp Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $940

Lot Details

  • 5

Additional Features

  • 5 Acre Lot
  • Septic Needed

Community Details

  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 491604106006000300

Property Details

Property Type

Land

Est. Annual Taxes

$940

Lot Details

0

Listing Details

  • Type: Single Lot,Undeveloped
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2018
  • Lot Size Acres: 5
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: 5 prime acres in Franklin Township ready for your final touches. All thats needed in this location is a set of plans and your favorite builder. Far from the city, yet close enough to shopping, parks, dining and entertainment. Within minutes to major highways and 15 minutes to downtown Indianapolis. Set the markers and make this lot your new family's home.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

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

Exterior Features

  • Disclosures: Not Applicable
  • List Price: 160000
  • Other Structures: No Building
  • Topography: Cleared,Level
  • Road Access: CityStreet
  • Water: Well Required

Utilities

  • Sewer: Municipal Sewer On Site, Septic Needed
  • Solid Waste: 0

Condo/Co-op/Association

  • H O A Disclosures: Covenants & Restrictions

Lot Info

  • Development Status: Surveyed
  • Parcel Number: 491604106006000300
  • Zoning: Single Family
  • Acres: 5-10 Acres
  • Lot Number: 4
  • Lot Size: 5 acres
  • Improvements: NotApplic
  • Land Characteristics: Rectangle
  • Potential Zoning: Single Family
  • Present Zoning: Single Family
  • Price Acre: 32000
  • Soil Type: Clay,Sandy

Tax Info

  • Tax Annual Amount: 940
  • Semi Annual Property Tax Amt: 470
  • Tax Exemption: None

MLS Schools

  • School District: Franklin Township
  • Schools: Franklin Central High,Franklin Township East Middle,Lillie Idella Kitley Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2023
Sold by
Silverthorne Homes
Bought by
Lopez Sandra A Ochoa and De Leon Henry
Current Estimated Value
$612,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Outstanding Balance
$500,817
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$112,021

Purchase Details

Closed on
Apr 6, 2023
Sold by
Silverthorne Homes
Bought by
Lopez Sandra A Ochoa and De Leon Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Outstanding Balance
$500,817
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$112,021

Purchase Details

Closed on
Nov 8, 2022
Sold by
Lopez Sandra A Ochoa
Bought by
Silverthorne Homes

Purchase Details

Closed on
Nov 3, 2022
Sold by
Lopez Sandra A Ochoa and De Leon Henry
Bought by
Silverthorne Homes

Purchase Details

Closed on
Oct 26, 2022
Sold by
Lopez Abner Manuel Ochoa and Velasquez Zayda N
Bought by
Lopez Sandra A Ochoa and De Leon Henry

Purchase Details

Closed on
Oct 21, 2022
Sold by
Ochoa Lopez Abner Manuel
Bought by
Ochoa Lopez Sandra A and Torres De Leon

Purchase Details

Listed on
Jul 17, 2019
Closed on
Jul 22, 2020
Sold by
Urich Kyle B and Urich Celeste L
Bought by
Lopez Abner Manuel Ochoa and Velasquez Zayda N
Seller's Agent
Tyre Shelton
Hoosier, REALTORS®
Buyer's Agent
Marcia Souers
eXp Realty, LLC
List Price
$175,000
Sold Price
$150,000
Premium/Discount to List
-$25,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.43%

Purchase Details

Listed on
Jun 20, 2017
Closed on
Sep 25, 2017
Sold by
Mcadams Shaun
Bought by
Urich Kyle B and Mcadams Kelly
Seller's Agent
Douglas Thompson
Carpenter, REALTORS®
Buyer's Agent
Jeffrey Piety
List Price
$124,900
Sold Price
$109,000
Premium/Discount to List
-$15,900
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.99%
Original Mortgage
$87,200
Interest Rate
3.86%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 9, 2015
Closed on
Dec 11, 2015
Sold by
Holman Nancy J and Holman Donald R
Bought by
Mcadams Shaun and Mcadams Kelly
Seller's Agent
David Brenton
DAVID BRENTON'S TEAM
Buyer's Agent
Douglas Thompson
Carpenter, REALTORS®
List Price
$110,000
Sold Price
$100,000
Premium/Discount to List
-$10,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.93%
Original Mortgage
$80,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2005
Sold by
Holman Donald R and Holman Nancy J
Bought by
Holman Nancy J and Holman Donald R
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
Lopez Sandra A Ochoa -- Enterprise Title
Lopez Sandra A Ochoa $647,291 Enterprise Title
Silverthorne Homes $58,585 Enterprise Title
Silverthorne Homes -- Enterprise Title
Lopez Sandra A Ochoa -- None Listed On Document
Ochoa Lopez Sandra A -- --
Lopez Abner Manuel Ochoa -- None Available
Urich Kyle B $109,000 --
Mcadams Shaun -- Chicago Title Company Llc
Holman Nancy J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Sandra A Ochoa $515,000
Closed Lopez Sandra A Ochoa $515,000
Previous Owner Urich Kyle B $87,200
Previous Owner Mcadams Shaun $80,000
Previous Owner Mcpherson Holly E $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2020 07/22/20 Sold $150,000 -6.3% --
07/14/2020 07/14/20 Pending -- -- --
07/07/2020 07/07/20 Price Changed $160,000 -7.2% --
06/18/2020 06/18/20 Price Changed $172,500 -1.4% --
03/27/2020 03/27/20 For Sale $175,000 0.0% --
02/11/2020 02/11/20 Pending -- -- --
02/10/2020 02/10/20 Price Changed $175,000 -5.4% --
10/22/2019 10/22/19 Price Changed $185,000 -2.6% --
08/29/2019 08/29/19 Price Changed $190,000 -5.0% --
08/01/2019 08/01/19 Price Changed $200,000 -4.8% --
07/16/2019 07/16/19 For Sale $210,000 +92.7% --
09/25/2017 09/25/17 Sold $109,000 -5.1% --
08/24/2017 08/24/17 Pending -- -- --
08/14/2017 08/14/17 Price Changed $114,900 -4.2% --
07/29/2017 07/29/17 Price Changed $119,900 -2.0% --
07/06/2017 07/06/17 Price Changed $122,400 -2.0% --
06/20/2017 06/20/17 For Sale $124,900 +24.9% --
12/11/2015 12/11/15 Sold $100,000 -9.1% --
10/28/2015 10/28/15 Pending -- -- --
10/09/2015 10/09/15 For Sale $110,000 -- --
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 $1,934 $509,900 $60,000 $449,900
2023 $1,934 $310,600 $60,000 $250,600
2022 $1,026 $91,900 $60,000 $31,900
2021 $1,090 $37,500 $37,500 $0
2020 $921 $31,300 $31,300 $0
2019 $939 $31,300 $31,300 $0
2018 $939 $31,300 $31,300 $0
2017 $186 $9,300 $9,300 $0
2016 $196 $9,800 $9,800 $0
2014 $159 $5,300 $5,300 $0
2013 $159 $5,300 $5,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21654303

MIBOR Broker Listing Cooperative®

APN: 49-16-04-106-006.000-300