NOT LISTED FOR SALE

Estimated Value: $235,113 - $502,000

0.39 Acre
$840,267 Price per Acre
16,988 Sq Ft Lot

Last Sold April 05, 2024

Last sale price $222,687

Est. 47% increase in value since last sale

Current estimated payment $1,935/month

179 Days on Market

About This Lot

As of April 2024

Meridian Pointe, originally the W. F. & Florence Cheek estate, has been re-envisioned as an enclave of 9 luxury wooded homesites located in the heart of Meridian Hills, at the northwest corner of Meridian Street and Meridian Hills Blvd., adjacent to Meridian Hills Country Club. Lots range in size from approximately 1/3 acre to 1.1 acres, and, in price from $299,000 - $649,000. Four lots feature homes built by Sigma Builders, one of the Indy's premier custom home builders. Five lots are available for the custom builder of your choice. The location provides quick access to downtown, Broad Ripple, St. Vincent and IU North hospitals, Butler University, Park Tudor, Orchard School, Holliday Park, and, restaurants and shops throughout the area. The images of the home and floor plans do not represent a specific home to be built on the lot nor do they represent a home for sale. They are to provide a buyer an example of what could be built on the lot. Land is only for sale, no proposed construction or permits included.

Last Agent to Sell the Property

Michael Johnson

Encore Sotheby's International Brokerage Email: mike.johnson@encoresir.com License #RB14048437 Listed on: 08/08/2023

Encore Sotheby's International

Last Buyer's Agent

Jennifer Short

CENTURY 21 Scheetz License #RB14035992

CENTURY 21 Scheetz

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,010

Lot Details

  • 0.39 Acre Lot
  • Mature Trees
  • Wooded Lot

Listing and Financial Details

  • Tax Lot 52
  • Assessor Parcel Number 490326128060000820

Property Details

Property Type

Land

Est. Annual Taxes

$2,010

Lot Details

0

Listing Details

  • Type: Single Lot,Sngl Detach
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2022
  • Lot Size Acres: 0.39
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • MBR_AttributionContact: mike.johnson@encoresir.com
  • Attribution Contact: mike.johnson@encoresir.com
  • Special Features: None

Exterior Features

  • Other Structures: Not Applicable
  • Topography: Level,Wooded
  • Waterfront: No
  • Road Access: Street Cuts
  • Water: Not Applic

Utilities

  • Sewer: Not Applicable
  • Solid Waste: No

Lot Info

  • Lot Features: Mature Trees, Wooded
  • Development Status: Plat Recorded
  • Horse Amenities: None
  • Lot Size Sq Ft: 16975
  • Number Of Lots: 1
  • Parcel Number: 490326128060000820
  • Zoning: Single Family
  • Acres: 1/4-1/2 Acre
  • Land Characteristics: Mature Trees,Platted Subdivision,Rectangle,Wooded
  • Present Zoning: Single Family
  • Soil Type: Clay
  • Divisible: No

Tax Info

  • Tax Annual Amount: 2010
  • Tax Lot: 52
  • Semi Annual Property Tax Amt: 1005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2023
Closed on
Apr 5, 2024
Sold by
Meridian Pointe Llc
Bought by
Short Christopher A
Seller's Agent
Michael Johnson
Encore Sotheby's International
Buyer's Agent
Jennifer Short
CENTURY 21 Scheetz
List Price
$299,000
Sold Price
$222,687
Premium/Discount to List
-$76,313
-25.52%
Views
83
Current Estimated Value
$327,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,017
Avg. Annual Appreciation
28.10%

Purchase Details

Listed on
Aug 8, 2023
Closed on
Apr 3, 2024
Sold by
Meridian Pointe Llc
Bought by
Short Christopher A
Seller's Agent
Michael Johnson
Encore Sotheby's International
Buyer's Agent
Jennifer Short
CENTURY 21 Scheetz
List Price
$299,000
Sold Price
$222,687
Premium/Discount to List
-$76,313
-25.52%
Views
83

Purchase Details

Closed on
Jun 20, 2023
Sold by
Eagle Standard Llc and Zhj Llc
Bought by
Meridian Pointe Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
6.35%
Mortgage Type
Construction
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
Short Christopher A -- Enterprise Title
Short Christopher A $965,000 Enterprise Title
Meridian Pointe Llc $833,333 None Listed On Document
Djb Dream Llc $833,333 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meridian Pointe Llc $975,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2024 04/05/24 Sold $222,687 -25.5% --
02/04/2024 02/04/24 Pending -- -- --
08/08/2023 08/08/23 For Sale $299,000 -- --
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 $2,629 $100,200 $100,200 --
2023 $2,629 $100,200 $100,200 $0
2022 $2,010 $100,200 $100,200 $0
2021 $2,118 $76,100 $76,100 $0
2020 $2,033 $76,100 $76,100 $0
2019 $1,332 $57,000 $57,000 $0
2018 $1,215 $53,200 $53,200 $0
2017 $1,632 $72,300 $72,300 $0
2016 $1,689 $72,300 $72,300 $0
2014 $1,545 $72,300 $72,300 $0
2013 $1,520 $72,300 $72,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21931754

MIBOR Broker Listing Cooperative®

APN: 49-03-26-128-060.000-820