NOT LISTED FOR SALE

6590 E Payne Rd Indianapolis, IN 46203

Southeast Indianapolis Neighborhood

Estimated Value: $314,000 - $554,140

3 Beds
2 Baths
2,016 Sq Ft
$217/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $405,000 $201 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,750/month

95 Days on Market

About This Home

As of December 2021

Rare opportunity to own nearly 10 acres in Franklin Twp! With this full brick ranch you'll get country living w/ the convenience of a city address! Home offers 3 bedrooms, 2 baths, pond w/ gazebo and deck, plus 32x24 pole barn. Stroll through your personal retreat w/ this tree lined property which is the last house on a private, dead end street. Some interior features include vaulted ceilings, original hardwood floors in the bedrooms, updated baths, new carpet. Entertain friends & family in the large great room featuring a full stone wall fireplace or one of the many outdoor seating areas. The large dining area could easily function as flex space, giving you another living area. Plenty of room to add pastures & stalls for the horse lovers!

Last Agent to Sell the Property

Liz Grimes

Hoosier, REALTORS® License #RB14016282 Listed on: 08/11/2021

Last Buyer's Agent

Scott Chain

RE/MAX Advanced Realty

RE/MAX Advanced Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,012

Year Built

  • 1988

Lot Details

  • 9.81

Parking

  • 2

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Laundry on main level
  • Patio

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,012

Year Built

1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Accessibility Features YN: 0
  • Architectural Style: Ranch, TraditonalAmerican
  • Directions: Arlington Road north to Troy Avenue. East on Troy Avenue to Payne Road. South on Payne Road to home - last home on the street.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: NO SUBDIVISION
  • Special Features: None
  • Year Built: 1988

Interior Features

  • Appliances: Gas Cooktop, Dishwasher, Microwave, Double Oven
  • Fireplace Features: Great Room, Woodburning Fireplce
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Formal Dining Room,Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 2016
  • Main Level Sq Ft: 2016
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Fireplace,Patio
  • Kitchen Features: Breakfast Bar,Kitchen Some Updates,Pantry
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Cathedral Ceiling(s), Hardwood Floors, Screens Complete
  • Other Equipment: Sump Pump, Water-Softener Rented

Exterior Features

  • Exterior Features: Barn Pole
  • Foundation Details: Crawl Space
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio
  • Construction Type: Brick
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: Attached,Multiple Garages
  • Garage Parking Other: Garage Door Opener,Side Load Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Solid Waste: 0
  • Utility Options: Cable Available,Gas Connected
  • Water Heater: Gas
  • Sewer: Septic Tank
  • Water Source: Well

Lot Info

  • Acres: 5-10 Acres
  • Lot Information: Cul-De-Sac,Pond,Rural No Subdivision,Tree Mature
  • Lot Number: N/A
  • Lot Size: 427,411

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 1506
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption
  • Tax Annual Amount: 3012
  • Tax Year: 2020

MLS Schools

  • School District: Franklin Township
  • Schools: Franklin Central High

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Jan 3, 2022
Sold by
Amber Reddy
Bought by
Lee Travis W
Seller's Agent
Liz Grimes
Hoosier, REALTORS®
Buyer's Agent
Scott Chain
RE/MAX Advanced Realty
List Price
$469,900
Sold Price
$405,000
Premium/Discount to List
-$64,900
-13.81%
Current Estimated Value
$436,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,535
Avg. Annual Appreciation
1.96%
Original Mortgage
$344,250
Outstanding Balance
$317,269
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$119,266

Purchase Details

Listed on
Aug 11, 2021
Closed on
Dec 15, 2021
Sold by
Amber Reddy
Bought by
Lee Travis W
Seller's Agent
Liz Grimes
Hoosier, REALTORS®
Buyer's Agent
Scott Chain
RE/MAX Advanced Realty
List Price
$469,900
Sold Price
$405,000
Premium/Discount to List
-$64,900
-13.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,250
Outstanding Balance
$317,269
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$119,266

Purchase Details

Listed on
Feb 10, 2014
Closed on
Jun 27, 2014
Sold by
Cline Boyer Cathryn A and Cline Boyer Cathryn A
Bought by
Reddy Amber
Seller's Agent
Michelle Barnett
Dropped Members
Buyer's Agent
Dustin Sickinger, CRS
Compass Indiana, LLC
List Price
$224,900
Sold Price
$190,000
Premium/Discount to List
-$34,900
-15.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.66%
Original Mortgage
$186,558
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 12, 2012
Sold by
Boyer Cathryn C and The Beulah L Cline Revocable L
Bought by
Boyer Cathryn C and Cline Aaron A

Purchase Details

Closed on
Mar 24, 2008
Sold by
Cline Jeffrey D and Cline Revocable Livin Beulah L
Bought by
Cline Jeffrey D and Cline Revocable Livin Beulah L
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
Lee Travis W $457,852 Fidelity National Title
Lee Travis W $405,000 Fidelity National Title
Reddy Amber $190,000 Mtc
Reddy Amber -- Mtc
Boyer Cathryn C -- None Available
Cline Jeffrey D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Travis W $344,250
Closed Lee Travis W $344,250
Previous Owner Reddy Amber $186,558
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2021 12/15/21 Sold $405,000 -13.8% $201 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $469,900 +147.3% $233 / Sq Ft
06/27/2014 06/27/14 Sold $190,000 -13.0% $94 / Sq Ft View Prior Sale
05/04/2014 05/04/14 Price Changed $218,400 -0.7% $108 / Sq Ft
03/07/2014 03/07/14 Price Changed $219,900 -1.8% $109 / Sq Ft
02/13/2014 02/13/14 Price Changed $223,900 -0.4% $111 / Sq Ft
02/10/2014 02/10/14 For Sale $224,900 -- $112 / 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 $5,581 $402,300 $96,100 $306,200
2023 $5,581 $405,600 $96,100 $309,500
2022 $5,671 $390,500 $96,100 $294,400
2021 $3,252 $203,100 $59,300 $143,800
2020 $3,263 $203,100 $59,300 $143,800
2019 $3,284 $203,100 $59,300 $143,800
2018 $3,268 $202,700 $59,300 $143,400
2017 $3,244 $201,300 $59,300 $142,000
2016 $3,203 $198,600 $59,300 $139,300
2014 $3,226 $219,000 $59,300 $159,700
2013 $3,226 $219,000 $59,300 $159,700
Source: Public Records

Agents Affiliated with this Home

  • Liz Grimes

    Seller's Agent in 2021

    Liz Grimes

    Hoosier, REALTORS®

    (317) 437-9897

    1 in this area

    80 Total Sales

    Liz Grimes
    Section Image

  • S

    Buyer's Agent in 2021

    Scott Chain

    RE/MAX

    Section Image

  • M

    Seller's Agent in 2014

    Michelle Barnett

    Dropped Members

    Section Image

  • D

    Buyer's Agent in 2014

    Dustin Sickinger, CRS

    Compass Indiana, LLC

  • D

    Buyer's Agent in 2014

    Dustin Sickinger

    Compass Indiana, LLC

    (317) 698-1869

    2 in this area

    77 Total Sales

    Dustin Sickinger
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21804117

MIBOR Broker Listing Cooperative®

APN: 49-10-26-104-003.000-300

Indiana Marion County Indianapolis 46203 Southeast Indianapolis

6590 E Payne Rd, Indianapolis, IN

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