NOT LISTED FOR SALE

7502 Gordon Way Indianapolis, IN 46237

South Franklin Neighborhood

Estimated Value: $231,000 - $250,000

3 Beds
1.5 Baths
1,188 Sq Ft
$203/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $200,000 $168 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,473/month

2 Days on Market

Highlights

  • Fireplace in Kitchen
  • Ranch Style House
  • Bar Fridge
  • Franklin Central High School Rated A-
  • Thermal Windows
  • 2 Car Attached Garage

About This Home

As of August 2021

Cute 3 bedroom ranch in wonderful Franklin Township! Updated luxury vinyl plank flooring greets you! Nice circular floorplan! Wonderful open floor plan with large kitchen and center island! Great deck overlooking private backyard! Enjoy the firepit and space to play! Roof & HVAC 2016, Water heater 2020.

Last Agent to Sell the Property

Jeanne Morton

CENTURY 21 Scheetz License #RB14048388 Listed on: 07/15/2021

CENTURY 21 Scheetz

Last Buyer's Agent

Crystal Caperton-Bell

Keller Williams Indy Metro S

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,578

Year Built

  • Built in 1978

Lot Details

  • 0.3 Acre Lot
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,188 Sq Ft Home
  • Bar Fridge
  • Woodwork
  • Fireplace Features Masonry
  • Thermal Windows
  • Window Screens
  • Family Room with Fireplace
  • Crawl Space
  • Laundry on main level

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Security System Owned
  • Storm Windows
  • Fire and Smoke Detector

Additional Features

  • Shed
  • Forced Air Heating and Cooling System

Community Details

  • Muirfield Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491514105084000300

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,578

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1978
  • Building Area Total: 1188
  • Garage Y N: Yes
  • Lot Size Acres: 0.3019
  • Subdivision Name: MUIRFIELD
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, Microwave, Electric Oven, Bar Fridge, MicroHood
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Kitchen, Masonry, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Screens Complete, Storms Complete, Windows Thermal, Wood Work Painted
  • Other Equipment: Security Alarm Paid, Smoke Detector
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Dining Combo/Family Room,Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1188
  • Main Level Sq Ft: 1188
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Bath Half
  • Kitchen Features: Breakfast Bar,Center Island,Kitchen Some Updates,Pantry
  • Below Grade Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini, Driveway Concrete, Fence Full Rear
  • Foundation Details: Crawl Space, Block
  • List Price: 189900
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Electric
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Guest Parking Premises,Storage Area

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491514105084000300
  • Acres: 1/4-1/2 Acre
  • Lot Information: Storm Sewer,Tree Mature
  • Lot Number: 75
  • Lot Size: 13,151

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1578
  • Semi Annual Property Tax Amt: 789
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Franklin Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Aug 18, 2021
Sold by
Neal Joseph K
Bought by
Neff Taylor
Seller's Agent
Jeanne Morton
CENTURY 21 Scheetz
Buyer's Agent
Crystal Caperton-Bell
Keller Williams Indy Metro S
List Price
$189,900
Sold Price
$200,000
Premium/Discount to List
$10,100
5.32%
Current Estimated Value
$240,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,579
Avg. Annual Appreciation
4.70%
Original Mortgage
$196,377
Outstanding Balance
$178,816
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$61,763

Purchase Details

Closed on
Aug 18, 2017
Sold by
Wright Robert D
Bought by
Neal Joseph K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
4.03%
Mortgage Type
VA

Purchase Details

Closed on
Aug 15, 2017
Sold by
Wright Ronald D and Wright Shirley R
Bought by
Neal Joseph K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
4.03%
Mortgage Type
VA

Purchase Details

Closed on
Jun 13, 2008
Sold by
Patterson Shirley R
Bought by
Wright Ronald D and Wright Shirley R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,974
Interest Rate
6.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2005
Sold by
Patterson Gary L and Patterson Shirley R
Bought by
Patterson Shirley R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
9.69%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Neff Taylor $200,000 Chicago Title
Neal Joseph K $125,000 --
Neal Joseph K -- --
Wright Ronald D -- Perimeter Title Llc
Patterson Shirley R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neff Taylor $196,377
Previous Owner Neal Joseph K $122,720
Previous Owner Neal Joseph K $128,000
Previous Owner Wright Ronald D $105,789
Previous Owner Wright Ronald D $113,974
Previous Owner Patterson Shirley R $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2021 08/18/21 Sold $200,000 +5.3% $168 / Sq Ft
07/18/2021 07/18/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $189,900 -- $160 / 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 $1,948 $220,800 $28,500 $192,300
2023 $1,948 $184,000 $28,500 $155,500
2022 $1,946 $184,000 $28,500 $155,500
2021 $1,706 $160,200 $28,500 $131,700
2020 $1,678 $157,700 $28,500 $129,200
2019 $1,449 $135,000 $19,700 $115,300
2018 $1,325 $122,900 $19,700 $103,200
2017 $1,163 $106,900 $19,700 $87,200
2016 $1,161 $106,900 $19,700 $87,200
2014 $991 $97,900 $19,700 $78,200
2013 $819 $90,600 $19,700 $70,900
Source: Public Records

Agents Affiliated with this Home

  • Jeanne Morton

    Seller's Agent in 2021

    Jeanne Morton

    CENTURY 21 Scheetz

    (317) 509-1114

    1 in this area

    150 Total Sales

    Jeanne Morton
    Section Image

  • C

    Buyer's Agent in 2021

    Crystal Caperton-Bell

    Keller Williams Indy Metro S

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21799251

MIBOR Broker Listing Cooperative®

APN: 49-15-14-105-084.000-300

Indiana Marion County Indianapolis 46237 South Franklin

7502 Gordon Way, Indianapolis, IN

This home is located at 7502 Gordon Way, Indianapolis, IN 46237 since 15 July 2021 and is currently estimated at $240,579, approximately $202 per square foot. This property was built in 1978. 7502 Gordon Way 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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