NOT LISTED FOR SALE

7420 E Stop 11 Rd Indianapolis, IN 46259

South Franklin Neighborhood

Estimated Value: $493,000 - $716,000

3 Acres
$205,811 Price per Acre
130,680 Sq Ft Lot

Last Sold May 30, 2019

Last sale price $157,500

Est. 292% increase in value since last sale

Current estimated payment $3,820/month

231 Days on Market

About This Lot

As of May 2019

Imagine building the home of your dreams with plenty of land to roam on this sprawling 3 acre lot in a great Franklin Township location! Resting directly across the street from Mary Adams Elementary with 157 feet of frontage on Stop 11 Road, this residential lot with over 130,000 square feet is waiting for you to bring the builder of your choice.

Last Agent to Sell the Property

David Brenton

DAVID BRENTON'S TEAM License #RB14028349 Listed on: 09/14/2018

Last Buyer's Agent

Austin Smythe

Smythe & Co, Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $564

Lot Details

  • 3 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 491513114004000300

Property Details

Property Type

Land

Est. Annual Taxes

$564

Lot Details

0

Listing Details

  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2018
  • Lot Size Acres: 3
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Imagine building the home of your dreams with plenty of land to roam on this sprawling 3 acre lot in a great Franklin Township location! Resting directly across the street from Mary Adams Elementary with 157 feet of frontage on Stop 11 Road, this residential lot with over 130,000 square feet is waiting for you to bring the builder of your choice.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

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

Exterior Features

  • Disclosures: Not Applicable
  • List Price: 175000
  • Other Structures: NotApplicable
  • Topography: Level
  • Road Access: Frontage Road,CityStreet
  • Water: Municipal Water Near By

Utilities

  • Sewer: Not Applicable
  • Solid Waste: 0

Lot Info

  • Development Status: Not Applicable
  • Parcel Number: 491513114004000300
  • Zoning: Residential
  • Acres: 3-5 Acres
  • Lot Number: 1
  • Lot Size: 130,680
  • Improvements: NotApplic
  • Land Characteristics: Suburban,Small Trees
  • Potential Zoning: Not Applicable
  • Present Zoning: Single Family
  • Price Acre: 58333

Tax Info

  • Tax Annual Amount: 564
  • Semi Annual Property Tax Amt: 282
  • Tax Exemption: None
  • Tax Info N A Prop Split: 0

MLS Schools

  • School District: Franklin Township
  • Schools: Franklin Central High,Franklin Township West Middle,Mary Adams Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2020
Sold by
Carpenter Austin and Carpenter Erika
Bought by
Reiken-Carpenter Austin and Reiken-Carpenter Erika
Current Estimated Value
$617,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Outstanding Balance
$418,618
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$198,815

Purchase Details

Listed on
Sep 14, 2018
Closed on
May 30, 2019
Sold by
Bellamey Kevin S
Bought by
Carpenter Austin and Carpenter Erika
Seller's Agent
David Brenton
DAVID BRENTON'S TEAM
Buyer's Agent
Austin Smythe
Smythe & Co, Inc
List Price
$185,000
Sold Price
$157,500
Premium/Discount to List
-$27,500
-14.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.43%
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
Reiken-Carpenter Austin -- Chicago Title
Carpenter Austin $157,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reiken-Carpenter Austin $470,000
Previous Owner Reiken Carpenter Austin J $470,000
Previous Owner Bellamey Kevin S $21,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2019 05/30/19 Sold $157,500 -10.0% --
05/04/2019 05/04/19 Pending -- -- --
04/14/2019 04/14/19 Price Changed $175,000 0.0% --
04/11/2019 04/11/19 Price Changed $174,999 0.0% --
11/01/2018 11/01/18 Price Changed $175,000 0.0% --
10/29/2018 10/29/18 Price Changed $174,999 0.0% --
10/08/2018 10/08/18 Price Changed $175,000 -5.4% --
09/14/2018 09/14/18 For Sale $185,000 -- --
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 $5,547 $449,600 $45,000 $404,600
2023 $5,547 $453,400 $45,000 $408,400
2022 $5,308 $416,200 $45,000 $371,200
2021 $4,992 $387,900 $45,000 $342,900
2020 $2,950 $257,300 $42,500 $214,800
2019 $564 $18,800 $18,800 $0
2018 $564 $18,800 $18,800 $0
2017 $564 $18,800 $18,800 $0
2016 $564 $18,800 $18,800 $0
2014 $564 $18,800 $18,800 $0
2013 $564 $18,800 $18,800 $0
Source: Public Records

Agents Affiliated with this Home

  • David Brenton

    Seller's Agent in 2019

    David Brenton

    DAVID BRENTON'S TEAM

    (317) 882-7210

    72 in this area

    616 Total Sales

    David Brenton
    Section Image

  • A

    Buyer's Agent in 2019

    Austin Smythe

    Smythe & Co, Inc

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21595661

MIBOR Broker Listing Cooperative®

APN: 49-15-13-114-004.000-300

Indiana Marion County Indianapolis 46259 South Franklin

7420 E Stop 11 Rd, Indianapolis, IN

This home is located at 7420 E Stop 11 Rd, Indianapolis, IN 46259 since 14 September 2018 and is currently estimated at $617,433. 7420 E Stop 11 Rd is a home located in Marion County with nearby schools including Franklin Central High School, Curtis Wilson Primary School and Academy, and Southport Presbyterian Christian 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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