NOT LISTED FOR SALE

Estimated Value: $264,000 - $344,163

3 Beds
2.5 Baths
2,340 Sq Ft
$130/Sq Ft Est. Value

Last Sold April 20, 2023

Last sale price $270,000 $115 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,871/month

5 Days on Market

Highlights

  • 2.79 Acre Lot
  • Colonial Architecture
  • Wood Flooring
  • North Central High School Rated A-
  • Mature Trees
  • No HOA

About This Home

As of April 2023

This property has a TON of potential for the right investor or somebody looking to buy and create sweat equity. The land the home sits on and the additional acreage has already subdivided into two parcels and the two parcels are being sold together. The home sits on .48 acres of land with an additional 2.31 acres included in the sale for a total of 2.78 acres and has an oversized extended garage with extension. The land could be further subdivided and sold as individual lots as there is a lot of road frontage at the new buyers expense. The home needs a complete renovation, but is livable in it's current condition. It's hard to find a property that is listed this low with this much land in Indianapolis. Hurry this one won't last long!

Last Agent to Sell the Property

Justin Perrey

Realty One Group New Horizons License #RB14046079 Listed on: 03/17/2023

Realty One Group New Horizons

Last Buyer's Agent

Wendy Zin

Fathom Realty

Fathom Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,452

Year Built

  • Built in 2002

Lot Details

  • 2.79 Acre Lot
  • Mature Trees
  • Additional Parcels

Parking

  • 2 Car Garage
  • Workshop in Garage

Home Design

  • Colonial Architecture
  • Fixer Upper
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Well
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 490604118030000800
  • Assessor Parcel Number 490604118030000800

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,452

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 2002
  • Building Area Total: 2340
  • Garage Y N: Yes
  • Lot Size Acres: 2.79
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: Perreyhometeam@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Microwave, Gas Oven, Refrigerator, Water Heater, Water Softener Owned
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors
  • Living Area: 2340
  • Main Level Bedrooms: 1
  • Other Equipment: Not Applicable
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1560
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 780
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Other
  • Foundation Details: Block
  • List Price: 265000
  • Property Condition: Fixer
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Workshop in Garage
  • Garage Parking Other: Floor Drain,Service Door

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Electric
  • Heating: Forced Air
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Access, Not In Subdivision, Mature Trees, See Remarks
  • Property Attached Yn: No
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 121097
  • Parcel Number: 490604118030000800
  • Acres: 1-3 Acres
  • Price Acre: 96774.1935483871

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2452
  • Tax Lot: 490604118030000800
  • Semi Annual Property Tax Amt: 1226

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Apr 20, 2023
Sold by
Kelley Cheryl L
Bought by
Aung Myo Zaw
Seller's Agent
Justin Perrey
Realty One Group New Horizons
Buyer's Agent
Wendy Zin
Fathom Realty
List Price
$265,000
Sold Price
$270,000
Premium/Discount to List
$5,000
1.89%
Views
43
Current Estimated Value
$304,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,041
Avg. Annual Appreciation
5.21%
Original Mortgage
$212,000
Outstanding Balance
$206,977
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$98,180

Purchase Details

Listed on
Dec 18, 2013
Closed on
Mar 31, 2014
Sold by
Foughty Zachary C
Bought by
Gunn Ken and Kelley Cheryl L
Seller's Agent
Ryan Moriarty
Weichert, Realtors-Tralee Prop
Buyer's Agent
Barbara Wineinger
Weichert, Realtors-Tralee Prop
List Price
$164,500
Sold Price
$159,900
Premium/Discount to List
-$4,600
-2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%
Original Mortgage
$157,003
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 3, 2010
Sold by
Standifer Rodney D and Standifer Patricia A
Bought by
Foughty Zachary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
5.14%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Aung Myo Zaw -- Chicago Title
Gunn Ken $159,900 Chicago Title Company Llc
Gunn Ken -- Chicago Title Company Llc
Foughty Zachary C -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aung Myo Zaw $212,000
Previous Owner Gunn Ken $157,003
Previous Owner Foughty Zachary C $91,299
Previous Owner Foughty Zachary C $110,299
Previous Owner Foughty Zachary C $117,600
Previous Owner Standifer Rodney Dale $128,866
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2023 04/20/23 Sold $270,000 +1.9% $115 / Sq Ft
03/23/2023 03/23/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $265,000 +65.7% $113 / Sq Ft
03/31/2014 03/31/14 Sold $159,900 -2.8% $68 / Sq Ft
03/19/2014 03/19/14 Pending -- -- --
12/18/2013 12/18/13 For Sale $164,500 -- $70 / 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 $3,022 $248,800 $61,200 $187,600
2023 $3,022 $233,300 $61,200 $172,100
2022 $2,623 $252,700 $61,200 $191,500
2021 $2,623 $185,500 $23,800 $161,700
2020 $2,389 $189,800 $23,800 $166,000
2019 $2,074 $177,600 $23,800 $153,800
2018 $2,076 $170,300 $23,800 $146,500
2017 $1,909 $162,500 $23,800 $138,700
2016 $1,315 $149,900 $23,800 $126,100
2014 $1,177 $140,600 $23,800 $116,800
2013 $978 $139,200 $23,800 $115,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21910939

MIBOR Broker Listing Cooperative®

APN: 49-06-04-118-030.000-800