NOT LISTED FOR SALE

5500 E Troy Ave Indianapolis, IN 46203

Southeast Indianapolis Neighborhood

Estimated Value: $1,266,976

31 Acres
$40,952 Price per Acre
1,347,659 Sq Ft Lot

Last Sold April 28, 2016

Last sale price $485,000

Est. 161% increase in value since last sale

Current estimated payment $7,035/month

144 Days on Market

About This Lot

As of April 2016

Gently rolling agriculture land located at corner of Troy Ave and Ritter. Currently zoned for Agriculture or Residential Use.

Last Agent to Sell the Property

Terry Frantz

EDU Real Estate Group. Inc License #RB14033152 Listed on: 10/27/2015

Last Buyer's Agent

Dave Piccolo-Realtor

@properties License #RB14030849

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $930

Lot Details

  • 30.94 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 491022121001000700

Property Details

Property Type

Land

Est. Annual Taxes

$930

Lot Details

0

Listing Details

  • Type: Undeveloped
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2013
  • Lot Size Acres: 30.938
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: NO SUBDIVISION
  • Property Description: Gently rolling agriculture land located at corner of Troy Ave and Ritter. Currently zoned for Agriculture or Residential Use.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

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

Exterior Features

  • Disclosures: Not Applicable
  • List Price: 600000
  • Other Structures: No Building
  • Topography: Cleared,Sloping,SeeRemarks
  • Road Access: Frontage Road,CityStreet
  • Water: See Remarks

Utilities

  • Sewer: See Remarks
  • Solid Waste: 0

Lot Info

  • Development Status: Surveyed, Zoning Change Required
  • Parcel Number: 491022121001000700
  • Zoning: D-4
  • Acres: >20 Acres
  • Lot Number: 0
  • Lot Size: 1347659
  • Improvements: None
  • Land Characteristics: Corner,Rectangle,See Remarks
  • Potential Zoning: Single Family
  • Present Zoning: Agricultur
  • Price Acre: 19394
  • Soil Type: NotApplic

Tax Info

  • Tax Annual Amount: 930
  • Semi Annual Property Tax Amt: 465
  • Tax Exemption: None
  • Tax Info N A Prop Split: 0

MLS Schools

  • School District: Warren Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2015
Closed on
Apr 28, 2016
Sold by
Cunningham Donna S and The Donna S Cunningham Living
Bought by
Hoyt Holding Llc
Seller's Agent
Terry Frantz
EDU Real Estate Group. Inc
Buyer's Agent
Dave Piccolo-Realtor
@properties
List Price
$600,000
Sold Price
$485,000
Premium/Discount to List
-$115,000
-19.17%
Current Estimated Value
$1,266,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$781,976
Avg. Annual Appreciation
10.35%
Original Mortgage
$412,750
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 19, 2004
Sold by
Cunningham Donna S and Cunningham Living Trust
Bought by
Cunningham Donna S and Dona S Cunningham Living Trust
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
Hoyt Holding Llc -- None Available
Cunningham Donna S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoyt Holdings Llc $315,945
Closed Hoyt Holding Llc $412,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2016 04/28/16 Sold $485,000 -19.2% --
03/19/2016 03/19/16 Pending -- -- --
10/26/2015 10/26/15 For Sale $600,000 -- --
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 $1,582 $60,200 $60,200 --
2023 $1,582 $50,200 $50,200 $0
2022 $1,285 $50,200 $50,200 $0
2021 $1,152 $34,100 $34,100 $0
2020 $1,133 $33,800 $33,800 $0
2019 $1,283 $41,200 $41,200 $0
2018 $1,298 $42,500 $42,500 $0
2017 $1,323 $48,900 $48,900 $0
2016 $1,367 $51,800 $51,800 $0
2014 $1,084 $54,200 $54,200 $0
2013 $862 $46,500 $46,500 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Terry Frantz

    EDU Real Estate Group. Inc

    (317) 554-7138

    2 Total Sales

    Section Image

  • D

    Buyer's Agent in 2016

    Dave Piccolo-Realtor

    @properties

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21384606

MIBOR Broker Listing Cooperative®

APN: 49-10-22-121-001.000-700

Indiana Marion County Indianapolis 46203 Southeast Indianapolis

5500 E Troy Ave, Indianapolis, IN

This home is located at 5500 E Troy Ave, Indianapolis, IN 46203 since 27 October 2015 and is currently estimated at $1,266,976. 5500 E Troy Ave is a home located in Marion County with nearby schools including Lowell Elementary School, Raymond Park Intermediate School (5-6), and Raymond Park Middle 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.

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