NOT LISTED FOR SALE

7125 S Franklin Rd Indianapolis, IN 46259

South Franklin Neighborhood
3.97 Acres
-- Price per Acre
172,933 Sq Ft Lot

Last Sold December 10, 2022

Last sale price $491,000

11 Days on Market

About This Lot

As of December 2022

Vacant lot ready to build on. Land has been rezoned to C-1 and is located near a new Kroger and McDonalds. All engineering and soil tests have been completed. Land is ready to be built on and has approved building plans which include 5 buildings up to 6,000 sq ft each. Many possibilities to make this property into your dream business or business complex.

Last Agent to Sell the Property

Sadie Darlage

Your Realty Link, LLC Listed on: 05/26/2022

Last Buyer's Agent

Sadie Darlage

Your Realty Link, LLC Listed on: 05/26/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $100

Lot Details

  • 3.97 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 491618100014000300

Property Details

Property Type

Land

Est. Annual Taxes

$100

Lot Details

0

Listing Details

  • Type: AgricLand,Undeveloped
  • Property Sub Type: Commercial Land
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2021
  • Lot Size Acres: 3.97
  • Road Frontage Type: County Road, City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: NO SUBDIVISION
  • Transaction Type: Sale
  • MBR_AttributionContact: sadie@yourrealtylink.com
  • Special Features: None

Interior Features

  • Possible Use: Apt>20, Medical, Office
  • Sq Ft Main Upper: 0

Exterior Features

  • Disclosures: Not Applicable
  • List Price: 598000
  • Other Structures: No Building
  • Topography: Cleared
  • Road Access: CountyRd,CityStreet
  • Water: Municipal Water Near By
  • Interstate: Ramp3-5mi

Utilities

  • Sewer: Municipal Sewer Near
  • Solid Waste: 0

Lot Info

  • Current Use: Vacant
  • Development Status: Surveyed
  • Number Of Lots: 1
  • Parcel Number: 491618100014000300
  • Zoning: C-1
  • Acres: 3-5 Acres
  • Lot Number: 49161810
  • Lot Size: 169,013
  • Improvements: None
  • Land Characteristics: Rectangle
  • Potential Zoning: Professional-Office
  • Present Zoning: Commercial,Professional-Office
  • Price Acre: 150630

Tax Info

  • Tax Annual Amount: 100
  • Semi Annual Property Tax Amt: 50
  • Tax Exemption: None

MLS Schools

  • School District: Franklin Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2023
Sold by
Kidz Cave Preschool Llc
Bought by
Kidz Cave Preschool Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$970,000
Outstanding Balance
$948,264
Interest Rate
6.42%

Purchase Details

Listed on
May 26, 2022
Closed on
Dec 27, 2022
Sold by
Shoreybunch Llc
Bought by
Kidz Cave Preschool Llc
Seller's Agent
Sadie Darlage
Your Realty Link, LLC
Buyer's Agent
Sadie Darlage
Your Realty Link, LLC
List Price
$558,000
Sold Price
$491,000
Premium/Discount to List
-$67,000
-12.01%
Views
5
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
Kidz Cave Preschool Corporation -- None Listed On Document
Kidz Cave Preschool Llc $491,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kidz Cave Preschool Corporation $970,000
Open Kidz Cave Preschool Corporation $5,000,000
Previous Owner Shoreybunch Llc $237,880
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2022 12/10/22 Sold $491,000 -17.9% --
10/15/2022 10/15/22 Price Changed $598,000 +7.2% --
06/07/2022 06/07/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $558,000 -- --
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 $148 $3,467,500 $8,900 $3,458,600
2023 $148 $7,400 $7,400 $0
2022 $116 $7,400 $7,400 $0
2021 $100 $5,000 $5,000 $0
2020 $100 $5,000 $5,000 $0
2019 $120 $6,000 $6,000 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sadie Darlage

    Your Realty Link, LLC

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21859286

MIBOR Broker Listing Cooperative®

APN: 49-16-18-100-014.000-300

Indiana Marion County Indianapolis 46259 South Franklin

7125 S Franklin Rd, Indianapolis, IN

This home is located at 7125 S Franklin Rd, Indianapolis, IN 46259 since 26 May 2022. 7125 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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