NOT LISTED FOR SALE

5822 Norcroft Dr Indianapolis, IN 46221

Valley Mills Neighborhood

Estimated Value: $62,000 - $72,000

0.55 Acre
$121,818 Price per Acre
23,958 Sq Ft Lot

Last Sold November 16, 2022

Last sale price $56,500 $59 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $417/month

41 Days on Market

About This Lot

As of November 2022

GREAT OPPORTUNITY TO BUILD YOUR DREAM HOME IN AN ALREADY ESTABLISHED NEIGHBORHOOD WITH NO HOA! LOT IS ALSO ZONED FOR DUPLEX/PAIRED HOME. EXCELLENT INVESTMENT POTENTIAL TO BUILD A DUPLEX AND LIVE IN ONE SIDE AND RENT OUT THE OTHER SIDE. LARGE .55 ACRE LOT, MATURE TREES, UTILITIES ON SITE, LOT IS FINISHED AND NO FILL IS REQUIRED, DECATUR TOWNSHIP, CLOSE TO INTERSTATE, SHOPPING, RESTAURANTS.

Last Agent to Sell the Property

Rollin Jackson

Realty World-Turtle Crk Realty Listed on: 05/20/2022

Realty World-Turtle Crk Realty

Last Buyer's Agent

Stan Comer

Carpenter, REALTORS®

Carpenter, REALTORS®

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $536

Year Built

  • 1954

Lot Details

  • 0.55

Additional Features

  • 0.55 Acre Lot
  • Septic Tank

Community Details

  • Huntington Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491236100014000200

Property Details

Property Type

Land

Est. Annual Taxes

$536

Year Built

1954

Lot Details

0

Listing Details

  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2021
  • Lot Size Acres: 0.55
  • Road Frontage Type: City Street
  • Road Surface Type: Concrete
  • Subdivision Name: HUNTINGTON PARK
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: rjack@rollinjackson.com
  • Special Features: None
  • Year Built: 1954

Interior Features

  • Sq Ft Main Upper: 0

Exterior Features

  • Disclosures: Not Applicable
  • List Price: 59900
  • Topography: Filled,Level
  • Road Access: CityStreet
  • Water: Municipal Water on Site

Utilities

  • Sewer: Septic Tank
  • Solid Waste: 0

Lot Info

  • Development Status: Finished Lot(s)
  • Parcel Number: 491236100014000200
  • Zoning: Residential
  • Acres: 1/2-1 Acre
  • Lot Number: 8
  • Lot Size: 120X200
  • Improvements: StormSewer
  • Land Characteristics: Mature Trees
  • Potential Zoning: Multi-Fam,Single Family
  • Present Zoning: Multi-Fam,Single Family
  • Price Acre: 108909

Tax Info

  • Tax Annual Amount: 536
  • Semi Annual Property Tax Amt: 268
  • Tax Exemption: None

MLS Schools

  • School District: Decatur Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2024
Sold by
Kegley Kyle J and Kegley Heather K
Bought by
Khrw Properties Llc
Total Days on Market
41
Current Estimated Value
$67,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,000
Outstanding Balance
$608,269
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
-$541,269

Purchase Details

Closed on
Jul 13, 2020
Sold by
Hill Albert W
Bought by
5700 Madison Llc
Source: Public Records

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Range of Values:

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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
Khrw Properties Llc -- Meridian Title
5700 Madison Llc $28,900 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khrw Properties Llc $622,000
Previous Owner Kegley Kyle J $313,600
Previous Owner Hill Albert W $102,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2022 11/16/22 Sold $56,500 -5.7% $59 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $59,900 -- $62 / 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 $498 $312,300 $16,300 $296,000
2023 $498 $16,300 $16,300 $0
2022 $506 $16,300 $16,300 $0
2021 $536 $16,300 $16,300 $0
2020 $505 $15,500 $15,500 $0
2019 $510 $15,500 $15,500 $0
2018 $568 $15,500 $15,500 $0
2017 $568 $15,500 $15,500 $0
2016 $566 $15,500 $15,500 $0
2014 $508 $15,500 $15,500 $0
2013 $780 $15,500 $15,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Rollin Jackson

    Seller's Agent in 2022

    Rollin Jackson

    Realty World-Turtle Crk Realty

    (317) 502-7864

    4 in this area

    46 Total Sales

    Section Image
  • Stan Comer

    Buyer's Agent in 2022

    Stan Comer

    Carpenter, REALTORS®

    (317) 281-7395

    2 in this area

    108 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21858202

MIBOR Broker Listing Cooperative®

APN: 49-12-36-100-014.000-200

Indiana Marion County Indianapolis 46221 Valley Mills

5822 Norcroft Dr, Indianapolis, IN

This home is located at 5822 Norcroft Dr, Indianapolis, IN 46221 since 20 May 2022 and is currently estimated at $67,000, approximately $69 per square foot. This property was built in 1954. 5822 Norcroft Dr is a home located in Marion County with nearby schools including Valley Mills Elementary School, Decatur Middle School, and Decatur 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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