NOT LISTED FOR SALE

7021 S Franklin Rd Indianapolis, IN 46259

South Franklin Neighborhood

Estimated Value: $122,000 - $4,550,488

42 Acres
$38,361 Price per Acre
1,829,520 Sq Ft Lot

Last Sold August 09, 2018

Last sale price $980,233 $392 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $8,926/month

630 Days on Market

About This Lot

As of August 2018

This home is located at 7021 S Franklin Rd, Indianapolis, IN 46259 since 19 May 2015 and is currently estimated at $1,611,163, approximately $644 per square foot. 7021 S Franklin Rd is a home located in Marion County with nearby schools including Franklin Central High School.

Last Agent to Sell the Property

Bob Lane

Carpenter, REALTORS® License #RB14036492 Listed on: 05/19/2015

Carpenter, REALTORS®

Last Buyer's Agent

David Baird

OK Baird, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,898

Lot Details

  • 42 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 491618100004000300

Property Details

Property Type

Land

Est. Annual Taxes

$5,898

Lot Details

0

Listing Details

  • Type: Undeveloped
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2014
  • Lot Size Acres: 42
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: NO SUBDIVISION
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0

Exterior Features

  • Disclosures: Not Applicable
  • List Price: 1050000
  • Other Structures: Other
  • Topography: Flood Plain Partial
  • Road Access: CityStreet
  • Water: Municipal Water on Site

Utilities

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

Lot Info

  • Development Status: NoStatus
  • Parcel Number: 491618100004000300
  • Zoning: DA
  • Acres: >20 Acres
  • Lot Number: 0
  • Lot Size: 42.0
  • Improvements: None
  • Land Characteristics: Corner
  • Potential Zoning: Commercial,Multi-Fam,Single Family
  • Present Zoning: Agricultur
  • Price Acre: 25000
  • Divisible: 1

Tax Info

  • Tax Annual Amount: 5898
  • Semi Annual Property Tax Amt: 2949
  • Tax Exemption: None

MLS Schools

  • School District: Franklin Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2017
Closed on
Mar 30, 2018
Sold by
Deerberg David S
Bought by
Shorey Bunch Llc
Seller's Agent
Bob Lane
Carpenter, REALTORS®
Buyer's Agent
Bob Lane
Carpenter, REALTORS®
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%
Current Estimated Value
$1,611,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,311,163
Avg. Annual Appreciation
25.12%

Purchase Details

Closed on
Nov 29, 2017
Sold by
Patel Southport Llc
Bought by
City Of Indianapolis

Purchase Details

Closed on
Aug 31, 2015
Sold by
Deerberg Dale E
Bought by
Deerberg Dale E and Deerberg Douglas Alan
Source: Public Records

Range of Values:

Collateral Analytics

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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
Shorey Bunch Llc -- None Available
City Of Indianapolis $44,650 --
Deerberg Dale E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Southport Llc $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2018 08/09/18 Sold $980,233 -6.6% $392 / Sq Ft
04/04/2018 04/04/18 Price Changed $1,050,000 +250.0% $420 / Sq Ft
03/30/2018 03/30/18 Sold $300,000 -14.3% $120 / Sq Ft
06/08/2017 06/08/17 Pending -- -- --
05/05/2017 05/05/17 For Sale $350,000 -85.1% $140 / Sq Ft
02/08/2017 02/08/17 Pending -- -- --
12/06/2016 12/06/16 Price Changed $2,350,000 -35.4% $941 / Sq Ft
05/13/2016 05/13/16 For Sale $3,640,000 0.0% $1,457 / Sq Ft
11/17/2015 11/17/15 Pending -- -- --
11/17/2015 11/17/15 Price Changed $3,640,000 -1.6% $1,457 / Sq Ft
05/19/2015 05/19/15 For Sale $3,700,000 -- $1,481 / 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 $1,763 $69,200 $69,200 --
2023 $1,763 $69,200 $69,200 $0
2022 $4,710 $18,000 $18,000 $0
2021 $4,307 $207,400 $41,000 $166,400
2020 $4,046 $197,000 $40,900 $156,100
2019 $3,488 $169,700 $38,200 $131,500
2018 $4,986 $156,100 $39,500 $116,600
Source: Public Records

Agents Affiliated with this Home

  • Bob Lane

    Seller's Agent in 2018

    Bob Lane

    Carpenter, REALTORS®

    (317) 441-4810

    25 Total Sales

    Section Image

  • D

    Buyer's Agent in 2018

    David Baird

    OK Baird, LLC

    Section Image

  • B

    Buyer Co-Listing Agent in 2018

    Brenda Richards

    Carpenter, REALTORS®

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21354212

MIBOR Broker Listing Cooperative®

APN: 49-16-18-100-012.000-300

Indiana Marion County Indianapolis 46259 South Franklin

7021 S Franklin Rd, Indianapolis, IN

This home is located at 7021 S Franklin Rd, Indianapolis, IN 46259 since 19 May 2015 and is currently estimated at $1,611,163, approximately $644 per square foot. 7021 S Franklin Rd is a home located in Marion County with nearby schools including Franklin 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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