7338 5 Points Rd Indianapolis, IN 46259
South Franklin NeighborhoodEstimated payment $3,527/month
Total Views
6,228
1.42
Acres
$422,535
Price per Acre
61,855
Sq Ft Lot
About This Lot
Commercial Potential! 5.8 acres on the corner of Shelbyville and Five Points Rd. Lot has been approved by city to have 5 separate lots to build custom homes. Updated 3 bedroom bungalow w large detached 20x32 garage and above ground pool. Great location for a home based business, horse farm, perfect for a church. Property was planned to be a small subdivision of 5 homes, plans are available on request. Can build more homes on site. Immaculate piece of property with many updates. On the corner of Five points and Shelbyville Rd. Approx. 800ft of road frontage.
Listing Agent
Midland Realty Group, Inc. Brokerage Email: jaskaranrasouda@gmail.com License #RB19001824
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,410
Year Built
- 1926
Lot Details
- 1.42 Acre Lot
Schools
- Franklin Central Junior High
Community Details
- 106 North Subdivision
Listing and Financial Details
- Tax Lot Adjacent land on 7338 5 Points Rd
- Assessor Parcel Number 491514125022000300
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,536 | $234,400 | $33,200 | $201,200 |
| 2023 | $2,536 | $234,400 | $33,200 | $201,200 |
| 2022 | $2,549 | $234,400 | $33,200 | $201,200 |
| 2021 | $4,510 | $217,200 | $33,200 | $184,000 |
| 2020 | $4,338 | $209,000 | $32,600 | $176,400 |
| 2019 | $3,680 | $176,200 | $27,600 | $148,600 |
| 2018 | $1,313 | $116,800 | $25,700 | $91,100 |
| 2017 | $1,325 | $118,300 | $25,800 | $92,500 |
| 2016 | $1,305 | $116,700 | $25,800 | $90,900 |
| 2014 | $1,332 | $127,000 | $30,000 | $97,000 |
| 2013 | $1,308 | $126,300 | $29,300 | $97,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/24/2025 03/24/25 | For Sale | $600,000 | 0.0% | -- |
| 10/14/2024 10/14/24 | Pending | -- | -- | -- |
| 09/14/2024 09/14/24 | For Sale | $600,000 | +263.6% | -- |
| 12/22/2014 12/22/14 | Sold | $165,000 | -13.1% | $80 / Sq Ft |
| 11/30/2014 11/30/14 | Pending | -- | -- | -- |
| 10/12/2014 10/12/14 | For Sale | $189,900 | -- | $92 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $180,000 | -- | |
| Deed | -- | -- | |
| Deed | $208,000 | -- | |
| Deed | -- | Ata National Title | |
| Warranty Deed | -- | Chicago Title Company Llc |
Source: Public Records
Similar Properties in Indianapolis, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22001693
APN: 49-15-14-125-022.000-300
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