NOT LISTED FOR SALE

5400 N Franklin Rd Indianapolis, IN 46226

Estimated Value: $152,855 - $410,000

2.5 Acres
$99,581 Price per Acre
108,900 Sq Ft Lot

Last Sold February 04, 2020

Last sale price $71,000

Est. 251% increase in value since last sale

Current estimated payment $1,393/month

214 Days on Market

About This Lot

As of February 2020

Are you looking for an amazing lot to build your dream home? This is it. 2.5 acres in a private, fully wooded & hilly setting with a creek at the back of the property. Lot is 630 feet deep and backs up to a private 6 acre property. The property is located in between to other home sites. This lot offers an opportunity to build a walk-out basement. Excellent location near Ft. Benjamin Harrison, the State Park, Golf, Restaurants & other Amenities plus easy access to the Interstate. Great Value for the size and location of this wooded lot!

Last Agent to Sell the Property

Brad Baxter

Carpenter, REALTORS® License #RB14038788 Listed on: 06/28/2019

Carpenter, REALTORS®

Last Buyer's Agent

Brad Baxter

Carpenter, REALTORS® License #RB14038788 Listed on: 06/28/2019

Carpenter, REALTORS®

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $718

Lot Details

  • 2.5 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 490712124009000407

Property Details

Property Type

Land

Est. Annual Taxes

$718

Lot Details

0

Listing Details

  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2018
  • Lot Size Acres: 2.5
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Are you looking for an amazing lot to build your dream home? This is it. 2.5 acres in a private, fully wooded & hilly setting with a creek at the back of the property. Lot is 630 feet deep and backs up to a private 6 acre property. The property is located in between to other home sites. This lot offers an opportunity to build a walk-out basement. Excellent location near Ft. Benjamin Harrison, the State Park, Golf, Restaurants & other Amenities plus easy access to the Interstate. Great Value for the size and location of this wooded lot!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

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

Exterior Features

  • Disclosures: Not Applicable
  • List Price: 85000
  • Other Structures: No Building
  • Topography: Flood Plain Partial,Hilly,Stream,Wooded
  • Road Access: CityStreet
  • Water: Municipal Water Near By

Utilities

  • Sewer: Municipal Sewer Near
  • Solid Waste: 0

Lot Info

  • Development Status: NoStatus
  • Number Of Lots: 1
  • Parcel Number: 490712124009000407
  • Zoning: AGRICUL/SINGLE FAM/CHURCH
  • Acres: 1-3 Acres
  • Lot Number: 0
  • Lot Size: 122 x 630
  • Improvements: None
  • Land Characteristics: City,Creek On Property,Rectangle,Mature Trees,Wooded
  • Potential Zoning: Agricultur,Single Family
  • Present Zoning: Agricultur,Single Family
  • Price Acre: 34000

Tax Info

  • Tax Annual Amount: 718
  • Semi Annual Property Tax Amt: 359
  • Tax Exemption: None

MLS Schools

  • School District: Lawrence Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2019
Closed on
Feb 4, 2020
Sold by
Reveles Adrian
Bought by
Reveles Adrian and Mendoza Maricruz
Seller's Agent
Brad Baxter
Carpenter, REALTORS®
Buyer's Agent
Brad Baxter
Carpenter, REALTORS®
List Price
$85,000
Sold Price
$71,000
Premium/Discount to List
-$14,000
-16.47%
Current Estimated Value
$248,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,952
Avg. Annual Appreciation
24.52%

Purchase Details

Listed on
Jun 28, 2019
Closed on
Feb 3, 2020
Sold by
Werdell James J and Werdell Nicole A
Bought by
Reveles Adrian
Seller's Agent
Brad Baxter
Carpenter, REALTORS®
Buyer's Agent
Brad Baxter
Carpenter, REALTORS®
List Price
$85,000
Sold Price
$71,000
Premium/Discount to List
-$14,000
-16.47%

Purchase Details

Listed on
Aug 29, 2016
Closed on
Aug 28, 2017
Sold by
Gutermuth Carol L
Bought by
Werdell James J and Werdell Nicole A
Seller's Agent
Chris Schulhof
RE/MAX Realty Services
Buyer's Agent
Kristin Taylor
Highgarden Real Estate
List Price
$89,900
Sold Price
$80,000
Premium/Discount to List
-$9,900
-11.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.77%
Original Mortgage
$64,000
Interest Rate
3.92%
Mortgage Type
Balloon

Purchase Details

Listed on
Aug 29, 2016
Closed on
Aug 25, 2017
Sold by
Gutermuth Carol L
Bought by
Werdell James J and Werdell Nicole A
Seller's Agent
Chris Schulhof
RE/MAX Realty Services
Buyer's Agent
Kristin Taylor
Highgarden Real Estate
List Price
$89,900
Sold Price
$80,000
Premium/Discount to List
-$9,900
-11.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
3.92%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Reveles Adrian -- None Available
Reveles Adrian $71,000 Meridian Title Corporation
Werdell James J $80,000 --
Werdell James J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Werdell James J $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2020 02/04/20 Sold $71,000 -16.5% --
01/29/2020 01/29/20 Pending -- -- --
06/28/2019 06/28/19 For Sale $85,000 +6.3% --
08/28/2017 08/28/17 Sold $80,000 -11.0% -- View Prior Sale
07/16/2017 07/16/17 Pending -- -- --
08/29/2016 08/29/16 For Sale $89,900 -- --
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 $925 $35,900 $35,900 --
2023 $925 $35,900 $35,900 $0
2022 $918 $35,900 $35,900 $0
2021 $995 $35,900 $35,900 $0
2020 $1,023 $35,900 $35,900 $0
2019 $718 $35,900 $35,900 $0
2018 $718 $35,900 $35,900 $0
2017 $144 $7,200 $7,200 $0
2016 $144 $7,200 $7,200 $0
2014 $144 $7,200 $7,200 $0
2013 $144 $7,200 $7,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Brad Baxter

    Seller's Agent in 2020

    Brad Baxter

    Carpenter, REALTORS®

    (317) 501-3202

    7 in this area

    90 Total Sales

    Brad Baxter
    Section Image
  • Chris Schulhof

    Seller's Agent in 2017

    Chris Schulhof

    RE/MAX Realty Services

    (317) 585-7653

    11 in this area

    280 Total Sales

    Chris Schulhof
    Section Image

  • K

    Buyer's Agent in 2017

    Kristin Taylor

    Highgarden Real Estate

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21651249

MIBOR Broker Listing Cooperative®

APN: 49-07-12-124-009.000-407

Indiana Marion County Indianapolis 46226

5400 N Franklin Rd, Indianapolis, IN

This home is located at 5400 N Franklin Rd, Indianapolis, IN 46226 since 28 June 2019 and is currently estimated at $248,952. 5400 N Franklin Rd is a home located in Marion County with nearby schools including Harrison Hill Elementary School, Belzer Middle School, and Lawrence Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

Nearby Homes