NOT LISTED FOR SALE

5457 Elmwood Ave Indianapolis, IN 46203

Estimated Value: $1,017,728

4.09 Acres
$248,894 Price per Acre
178,117 Sq Ft Lot

Last Sold May 07, 2018

Last sale price $575,000 $270 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $6,154/month

17 Days on Market

About This Lot

As of May 2018

With over 4 acres and clear visibility from I-465, this commercial lot has a world of potential. Current owner to retain rights to billboard. Existing easement surrounds billboard and provides access.

Last Agent to Sell the Property

David Brenton

DAVID BRENTON'S TEAM License #RB14028349 Listed on: 01/19/2018

Last Buyer's Agent

David Brenton

DAVID BRENTON'S TEAM License #RB14028349 Listed on: 01/19/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,032

Lot Details

  • 4.09 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 491034124002000302

Property Details

Property Type

Land

Est. Annual Taxes

$8,032

Lot Details

0

Listing Details

  • Type: Undeveloped
  • Property Sub Type: Commercial Land
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2018
  • Lot Size Acres: 4.089
  • Road Frontage Type: Interstate, City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: NO SUBDIVISION
  • Property Description: With over 4 acres and clear visibility from I-465, this commercial lot has a world of potential. Current owner to retain rights to billboard. Existing easement surrounds billboard and provides access.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

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

Exterior Features

  • Disclosures: Not Applicable
  • Other Structures: No Building
  • Topography: Level
  • Road Access: CityStreet
  • Water: Municipal Water on Site

Utilities

  • Sewer: Municipal Sewer On Site
  • Solid Waste: 0

Lot Info

  • Development Status: Easements, Finished Lot(s), See Remarks
  • Parcel Number: 491034124002000302
  • Zoning: I2S
  • Acres: 3-5 Acres
  • Lot Number: 1
  • Lot Size: 4.09
  • Improvements: None
  • Land Characteristics: City,Mature Trees,Small Trees
  • Potential Zoning: Commercial
  • Present Zoning: Commercial

Tax Info

  • Tax Annual Amount: 8032
  • Semi Annual Property Tax Amt: 4016
  • Tax Exemption: None
  • Tax Info N A Prop Split: 0

MLS Schools

  • School District: Beech Grove
  • Schools: Beech Grove High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2022
Sold by
Baljinder Singh
Bought by
Singh Baldev
Current Estimated Value
$1,017,728

Purchase Details

Listed on
Jan 19, 2018
Closed on
May 7, 2018
Bought by
Baljinder Singh
Seller's Agent
David Brenton
DAVID BRENTON'S TEAM
Buyer's Agent
David Brenton
DAVID BRENTON'S TEAM
List Price
$625,000
Sold Price
$575,000
Premium/Discount to List
-$50,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%

Purchase Details

Listed on
Jan 19, 2018
Closed on
May 5, 2018
Sold by
Angrick Violet R
Bought by
5902 Elmwood Ave Llc
Seller's Agent
David Brenton
DAVID BRENTON'S TEAM
Buyer's Agent
David Brenton
DAVID BRENTON'S TEAM
List Price
$625,000
Sold Price
$575,000
Premium/Discount to List
-$50,000
-8%

Purchase Details

Closed on
Sep 6, 2011
Sold by
Angrick Violet R
Bought by
Randy Faulkner & Associates Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5%
Mortgage Type
Seller Take Back
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
Singh Baldev -- None Listed On Document
Baljinder Singh $575,000 --
Singh Baljinder $575,000 Chicago Title
5902 Elmwood Ave Llc -- Chicago Title
Randy Faulkner & Associates Inc $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Randy Faulkner & Associates Inc $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2018 05/07/18 Sold $575,000 -8.0% $270 / Sq Ft
02/06/2018 02/06/18 Pending -- -- --
01/19/2018 01/19/18 For Sale $625,000 -- $294 / Sq Ft
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 $9,926 $262,000 $262,000 --
2023 $9,926 $262,000 $262,000 $0
2022 $9,918 $262,000 $262,000 $0
2021 $8,805 $233,600 $233,600 $0
2020 $8,417 $233,600 $233,600 $0
2019 $8,194 $17,700 $17,700 $0
2018 $7,898 $236,300 $236,300 $0
2017 $8,091 $236,300 $236,300 $0
2016 $8,031 $236,300 $236,300 $0
2014 $9,809 $322,900 $236,300 $86,600
2013 $8,494 $322,900 $236,300 $86,600
Source: Public Records

Agents Affiliated with this Home

  • David Brenton

    Seller's Agent in 2018

    David Brenton

    DAVID BRENTON'S TEAM

    (317) 882-7210

    36 in this area

    594 Total Sales

    David Brenton
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21541202

MIBOR Broker Listing Cooperative®

APN: 49-10-34-124-002.000-302

Indiana Marion County Indianapolis 46203

5457 Elmwood Ave, Indianapolis, IN

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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.

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