NOT LISTED FOR SALE

5601 Sunset Ln Indianapolis, IN 46228

Estimated Value: $1,973,000 - $2,006,000

4.28 Acres
$464,836 Price per Acre
186,437 Sq Ft Lot

Sale Details

Date Sold: August 27, 2020

Last sale price $1,350,000

Est. 29% increase in value since last sale

Current estimated payment $9,717 / mo

19 Days on Market

About This Lot

As of August 2020

What a find! The perfectly prestigious & private Sunset Lane riverfront idyll on which to build your castle! This is a unique 4.25 acre property with 300 feet of clear river frontage. The site is bounded on the east by 10 acres of landscaped, unbuildable floodway that provides spectacular open views and additional river frontage. The neighborhood has its own full time security service with regular patrols and a marshal either parked on or patrolling the Lane. A large building pad is established on the site and the site is ready for construction. All utilities have been installed on the site: water, electricity, gas, telephone, cable and sewer. Location, location: easy access to Downtown, Meridian-Kessler & the 86th St corridor.

Last Agent to Sell the Property

Joe Everhart

Everhart Studio, Ltd. License #RB14039264 Listed on: 07/29/2020

Co-Listed By

Quinn Demaree

Everhart Studio, Ltd. License #RB17000004

Last Buyer's Agent

James Wilson

Real Broker, LLC

Real Broker, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,916

Lot Details

  • 4.28

Additional Features

  • 4.28 Acre Lot
  • Municipal Utilities District Sewer

Listing and Financial Details

  • Assessor Parcel Number 490611100016000805

Property Details

Property Type

Land

Est. Annual Taxes

$1,916

Lot Details

4.28 Acres

Listing Details

  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2019
  • Co List Office Phone: 317-916-1052
  • Lot Size Acres: 4.28
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt
  • Subdivision Name: NO SUBDIVISION
  • Property Description: What a find! The perfectly prestigious & private Sunset Lane riverfront idyll on which to build your castle! This is a unique 4.25 acre property with 300 feet of clear river frontage. The site is bounded on the east by 10 acres of landscaped, unbuildable floodway that provides spectacular open views and additional river frontage. The neighborhood has its own full time security service with regular patrols and a marshal either parked on or patrolling the Lane. A large building pad is established on the site and the site is ready for construction. All utilities have been installed on the site: water, electricity, gas, telephone, cable and sewer. Location, location: easy access to Downtown, Meridian-Kessler & the 86th St corridor.
  • 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: Other
  • Road Access: PrivateRd
  • Water: Municipal Water on Site

Utilities

  • Sewer: Municipal Sewer On Site
  • Solid Waste: 1

Lot Info

  • Development Status: Finished Lot(s), Surveyed
  • Parcel Number: 490611100016000805
  • Zoning: Single Family
  • Acres: 3-5 Acres
  • Lot Number: 0
  • Lot Size: 110207
  • Improvements: Paved Streets
  • Land Characteristics: Cul-de-Sac,Rectangle
  • Potential Zoning: Single Family
  • Present Zoning: Single Family

Tax Info

  • Tax Annual Amount: 1916
  • Semi Annual Property Tax Amt: 958
  • Tax Exemption: None

MLS Schools

  • School District: Washington Township

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2023
Sold by
Bought by
Current Estimated Value
$1,748,000

Purchase Details

Listed on
Jul 29, 2020
Closed on
Aug 27, 2020
Sold by
Bought by
Seller's Agent
Joe Everhart
Everhart Studio, Ltd.
Buyer's Agent
James Wilson
Real Broker, LLC
List Price
$1,500,000
Sold Price
$1,350,000
Premium/Discount to List
-$150,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%

Purchase Details

Closed on
Jun 26, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
0.0654%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 20, 2006
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$1,350,000 Chicago Title
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $814,000
Closed $931,944
Closed $100,000
Closed $591,000
Closed $1,156,000
Closed $300,000
Closed $568,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/27/2020 08/27/20 Sold $1,350,000 -10.0% --
08/18/2020 08/18/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $1,500,000 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,301 $130,000 $130,000 --
2024 $3,374 $130,000 $130,000 --
2023 $3,374 $130,000 $130,000 $0
2022 $1,673 $130,000 $130,000 $0
2021 $1,754 $62,400 $62,400 $0
2020 $1,686 $62,400 $62,400 $0
2019 $1,917 $78,700 $78,700 $0
2018 $1,882 $78,700 $78,700 $0
2017 $1,868 $78,700 $78,700 $0
2016 $1,773 $78,700 $78,700 $0
2014 $1,622 $78,700 $78,700 $0
2013 $1,732 $78,700 $78,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21728820

MIBOR Broker Listing Cooperative®

APN: 49-06-11-100-016.000-805

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