NOT LISTED FOR SALE

5509 Fall Creek Rd Indianapolis, IN 46220

Devonshire Neighborhood

Estimated Value: $611,000 - $847,273

0.54 Acre
$1,363,089 Price per Acre
23,522 Sq Ft Lot

Last Sold August 31, 2015

Last sale price $105,000

Est. 601% increase in value since last sale

Current estimated payment $4,527/month

250 Days on Market

About This Lot

As of August 2015

Over 1/2 acre lot ready for your custom builder sits on beautiful Lake Kesslerwood. Sitting on a quiet inlet, you can enjoy beautiful water views & water sports. This is a rare find in this area amidst an otherwise developed shoreline. Close to shopping, dining, entertainment & interstates, this location is superb. Irrigation system & plumbing included-- pump is not. Neither is controller. Deeded rights to build a dock, fire pit, stonework & steps too!

Last Agent to Sell the Property

Steven Rupp

Keller Williams Indpls Metro N License #RB14023387 Listed on: 11/12/2014

Keller Williams Indpls Metro N

Last Buyer's Agent

Kelly Cody

F.C. Tucker Company

F.C. Tucker Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,746

Lot Details

HOA Fees

  • $21 per month

Property Details

Property Type

Land

Est. Annual Taxes

$1,746

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Land
  • Type: Undeveloped
  • Property Sub Type: Residential Lots
  • Transaction Type: Sale
  • Directions: From Kessler Blvd. East Dr. and Fall Creek Rd., turn left onto Fall Creek Rd. 5509 Fall Creek Rd. is approximately 1 mile on the right.
  • New Construction: No
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: LAKE KESSLERWOOD
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Annually

Fee Information

  • Association Fee Includes: Insurance

Lot Info

  • Acres: 1/2-3/4 Acre
  • Lot Number: 95
  • Lot Size: 113x245x86x219
  • Improvements: NotApplic
  • Land Characteristics: Lake Front,Suburban
  • Potential Zoning: Single Family
  • Present Zoning: Single Family
  • Price Acre: 203519
  • Soil Type: Clay
  • Numberof Lotsin Subdv: 95
  • Number Of Lots: 1
  • Zoning: residential

Tax Info

  • Semi Annual Property Tax Amt: 873
  • Tax Exemption: None
  • Tax Info N A Prop Split: 0
  • Tax Annual Amount: 1746
  • Tax Year: 2014

MLS Schools

  • School District: Lawrence Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2017
Sold by
Mcelveen Loyd and Myers Frank
Bought by
Mcelveen Myers Trust
Current Estimated Value
$736,068

Purchase Details

Listed on
Nov 12, 2014
Closed on
Aug 31, 2015
Sold by
Duffield David and Christopher Lauren Ann
Bought by
Mcelveen Loyd and Myers Frank
Seller's Agent
Steven Rupp
Keller Williams Indpls Metro N
Buyer's Agent
Kelly Cody
F.C. Tucker Company
List Price
$139,900
Sold Price
$105,000
Premium/Discount to List
-$34,900
-24.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.22%
Original Mortgage
$75,000
Interest Rate
3.97%
Mortgage Type
New Conventional
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
Mcelveen Myers Trust -- --
Mcelveen Loyd -- Chicago Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcelveen Loyd $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2015 08/31/15 Sold $105,000 -24.9% --
07/21/2015 07/21/15 Pending -- -- --
11/12/2014 11/12/14 For Sale $139,900 -- --
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 $7,253 $668,100 $111,200 $556,900
2023 $7,253 $646,500 $111,200 $535,300
2022 $6,727 $615,900 $111,200 $504,700
2021 $6,300 $545,400 $78,300 $467,100
2020 $6,426 $550,200 $78,300 $471,900
2019 $5,215 $510,200 $78,300 $431,900
2018 $6,303 $608,900 $78,300 $530,600
2017 $2,008 $78,300 $78,300 $0
2016 $2,004 $78,300 $78,300 $0
2014 $1,711 $71,000 $71,000 $0
2013 $1,750 $71,000 $71,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Steven Rupp

    Seller's Agent in 2015

    Steven Rupp

    Keller Williams Indpls Metro N

    (317) 339-7698

    1 in this area

    203 Total Sales

    Steven Rupp
    Section Image

  • K

    Buyer's Agent in 2015

    Kelly Cody

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21324637

MIBOR Broker Listing Cooperative®

APN: 49-07-03-103-005.000-400

Indiana Marion County Indianapolis 46220 Devonshire

5509 Fall Creek Rd, Indianapolis, IN

This home is located at 5509 Fall Creek Rd, Indianapolis, IN 46220 since 12 November 2014 and is currently estimated at $736,068. 5509 Fall Creek Rd is a home located in Marion County with nearby schools including Skiles Test 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.

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