NOT LISTED FOR SALE

7161 E Payne Rd Indianapolis, IN 46239

Five Points Neighborhood

Estimated Value: $277,034 - $317,000

3 Beds
2 Baths
2,383 Sq Ft
$121/Sq Ft Est. Value

Last Sold January 20, 2022

Last sale price $240,000 $101 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,750/month

3 Days on Market

Highlights

  • Screened Porch
  • Detached Garage
  • Family or Dining Combination
  • Franklin Central High School Rated A-

About This Home

As of January 2022

Well-cared for BRICK ranch at end of cul de sac. Almost 1/2 acre lot. Oversized 2-1/2 car garage (29x20) -almost an extra bay for storage. Then add a 1-1/2 car wide workshop attached to the house and a fantastic and large screened porch w/ skylights. Large Great Room/dining room addition. 3BRs. Huge kitchen, living room. Butts up to Nativity school. Quiet area. NO HOA. Fogged windows sold "as is" but price accts for that. Back yard has 6 ft privacy fence on two sides. Lennox furnace & a/c approx 5 yrs, arch 3-D roof. City sewer.

Last Agent to Sell the Property

Pegg Kennedy

F.C. Tucker Company License #RB14043636 Listed on: 12/16/2021

F.C. Tucker Company

Last Buyer's Agent

Shon Hough

Heroes Property Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,722

Year Built

  • 1959

Lot Details

  • 0.46

Parking

  • Detached Garage

Interior Spaces

  • Family or Dining Combination
  • Screened Porch

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,722

Year Built

1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Architectural Style: Ranch
  • Directions: Take Southeastern Ave to Five Points Road, turn south. First left is Payne Road; 7161 is the last house on the right.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: NO SUBDIVISION
  • Special Features: None
  • Year Built: 1959

Interior Features

  • Appliances: Laundry Connection in Unit, Electric Cooktop, Dishwasher, Dryer, Disposal, Electric Oven, Refrigerator, Free-Standing Freezer, Washer
  • Fireplace Features: None
  • Areas Interior: Bedroom Other on Main,Living Room Formal,Laundry Closet,Laundry Room Main Level
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 2383
  • Main Level Sq Ft: 2383
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Breakfast Bar,Kitchen Eat In
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Attic Pull Down Stairs, Windows Thermal, Windows Wood, Wood Work Stained
  • Other Equipment: Security Alarm Paid, Smoke Detector, Water-Softener Owned

Exterior Features

  • Exterior Features: Driveway Asphalt, Fence Partial
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Screened in Porch
  • Construction Type: Brick
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: Detached
  • Garage Parking Other: Garage Door Opener,Guest Parking Premises,Service Door
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Solid Waste: 1
  • Utility Options: Cable Connected,Gas Connected,High Speed Internet Avail
  • Water Heater: Electric
  • Sewer: Community Sewer
  • Water Source: Well

Lot Info

  • Acres: 1/4-1/2 Acre
  • Lot Information: Cul-De-Sac,Storm Sewer,Rural No Subdivision
  • Lot Number: 13
  • Lot Size: 20,386

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 861
  • Tax Exemption: HomesteadTaxExemption
  • Tax Annual Amount: 1722
  • Tax Year: 2021

MLS Schools

  • School District: Franklin Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2021
Closed on
Jan 24, 2022
Sold by
Estelle M White Revocable Trust
Bought by
Elkins John F and Martin Shanell L
Seller's Agent
Pegg Kennedy
F.C. Tucker Company
Buyer's Agent
Shon Hough
Heroes Property Group
List Price
$235,000
Sold Price
$240,000
Premium/Discount to List
$5,000
2.13%
Current Estimated Value
$289,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,009
Avg. Annual Appreciation
4.78%
Original Mortgage
$228,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 16, 2021
Closed on
Jan 20, 2022
Sold by
Estelle M White Revocable Trust
Bought by
Elkins John F and Martin Shanell L
Seller's Agent
Pegg Kennedy
F.C. Tucker Company
Buyer's Agent
Shon Hough
Heroes Property Group
List Price
$235,000
Sold Price
$240,000
Premium/Discount to List
$5,000
2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.11%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Elkins John F -- Enterprise Title
Elkins John F $240,000 Enterprise Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Elkins John F $228,000
Closed Elkins John F $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2022 01/20/22 Sold $240,000 +2.1% $101 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
12/16/2021 12/16/21 For Sale $235,000 -- $99 / 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 $2,862 $264,900 $15,300 $249,600
2023 $2,862 $251,100 $15,300 $235,800
2022 $2,802 $243,200 $15,300 $227,900
2021 $2,072 $175,400 $15,300 $160,100
2020 $1,889 $158,800 $15,300 $143,500
2019 $1,735 $153,500 $15,300 $138,200
2018 $1,635 $144,200 $15,300 $128,900
2017 $1,590 $140,200 $15,300 $124,900
2016 $1,537 $135,600 $15,300 $120,300
2014 $1,599 $155,700 $15,300 $140,400
2013 $1,567 $155,700 $15,300 $140,400
Source: Public Records

Agents Affiliated with this Home

  • Pegg Kennedy

    Seller's Agent in 2022

    Pegg Kennedy

    F.C. Tucker Company

    (317) 223-1692

    1 in this area

    225 Total Sales

    Pegg Kennedy
    Section Image
  • shon hough

    Buyer's Agent in 2022

    shon hough

    Heroes Property Group

    (317) 538-4312

    1 in this area

    15 Total Sales

    shon hough
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21828380

MIBOR Broker Listing Cooperative®

APN: 49-10-25-100-003.000-300

Indiana Marion County Indianapolis 46239 Five Points

7161 E Payne Rd, Indianapolis, IN

Not Listed for Sale

Detached

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