NOT LISTED FOR SALE

7508 Central Ave Indianapolis, IN 46240

Estimated Value: $809,000 - $1,223,639

4 Beds
2.5 Baths
4,531 Sq Ft
$213/Sq Ft Est. Value

Last Sold November 20, 2015

Last sale price $750,000 $166 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,490/month

24 Days on Market

Highlights

  • 1.44 Acre Lot
  • Mature Trees
  • Main Floor Bedroom
  • North Central High School Rated A-
  • Vaulted Ceiling
  • Spanish Architecture

About This Home

As of November 2015

Beautiful 1.44 acre lot in the heart of Meridian Hills. The current home is occupied and is being sold "as is". Lot is 211x306, Beautiful mature trees. City water and sewer. Potential building lot for a new home. Central Ave is a dead end street, ending on a meadow overlooking Williams Creek. Lots of wildlife in the area. Walk or ride your bike to the Monon Trail or Broadripple.

Last Agent to Sell the Property

Ted Butz

F.C. Tucker Company Listed on: 10/01/2015

F.C. Tucker Company

Co-Listed By

Jamie Woodruff

F.C. Tucker Company License #RB14049274

Last Buyer's Agent

John Stewart

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,924

Year Built

  • Built in 1926

Lot Details

  • 1.44 Acre Lot
  • Mature Trees

Home Design

  • Spanish Architecture
  • Block Foundation
  • Stucco

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Window Screens
  • Great Room with Fireplace
  • Attic Access Panel
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Driveway

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Meridian Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490326105005000820

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,924

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Spanish
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1926
  • Co List Office Phone: 317-566-2399
  • Garage Y N: Yes
  • Lot Size Acres: 1.44
  • Subdivision Name: MERIDIAN HILLS
  • Inspection Warranties: Not Applicable
  • Property Description: Beautiful 1.44 acre lot in the heart of Meridian Hills. The current home is occupied and is being sold "as is". Lot is 211x306, Beautiful mature trees. City water and sewer. Potential building lot for a new home. Central Ave is a dead end street, ending on a meadow overlooking Williams Creek. Lots of wildlife in the area. Walk or ride your bike to the Monon Trail or Broadripple.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Dishwasher, Dryer, Electric Oven, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Raised Ceiling(s), Screens Some, Wood Work Painted
  • Living Area: 4531
  • Other Equipment: Smoke Detector
  • Room Count: 9
  • Areas Interior: Bedroom Other on Main
  • Eating Area: Formal Dining Room,Pantry
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2881
  • Main Level Sq Ft: 2381
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Main Level
  • Total Sq Ft: 4531
  • Below Grade Sq Ft: 1650
  • Upper Level Sq Ft: 500
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Stucco
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt
  • Foundation Details: Block
  • List Price: 849900
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 3 Car Detached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Window Unit(s)
  • Heating: Hot Water
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,Gas Connected
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490326105005000820
  • Acres: 1-3 Acres
  • Lot Information: Tree Mature
  • Lot Number: 17
  • Lot Size: 211x306

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 3924
  • Semi Annual Property Tax Amt: 1962
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Washington Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2015
Closed on
Nov 20, 2015
Sold by
Lawton Judith and Lawton Donald
Bought by
Taylor John H R and Taylor Marcia R
Seller's Agent
Ted Butz
F.C. Tucker Company
Buyer's Agent
John Stewart
F.C. Tucker Company
List Price
$849,900
Sold Price
$750,000
Premium/Discount to List
-$99,900
-11.75%
Current Estimated Value
$967,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,160
Avg. Annual Appreciation
3.60%

Purchase Details

Closed on
Oct 19, 2010
Sold by
Lawton Leonard G and The Leonard & Julia Ann Lawton
Bought by
Lawton Leonard G
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
Taylor John H R -- Stewart Title Company
Lawton Leonard G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor John Hr $1,000,000
Closed Taylor John Hr $484,350
Closed Taylor John Hr $494,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2015 11/20/15 Sold $750,000 -11.8% $166 / Sq Ft
10/26/2015 10/26/15 Pending -- -- --
10/01/2015 10/01/15 For Sale $849,900 -- $188 / 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 $16,045 $652,600 $89,800 $562,800
2023 $16,045 $602,600 $89,800 $512,800
2022 $17,301 $615,700 $89,800 $525,900
2021 $15,615 $584,900 $96,400 $488,500
2020 $13,587 $536,000 $96,400 $439,600
2019 $12,034 $503,800 $96,400 $407,400
2018 $11,674 $499,800 $96,400 $403,400
2017 $10,947 $473,700 $96,400 $377,300
2016 $10,129 $467,800 $96,400 $371,400
2014 $3,923 $347,700 $86,700 $261,000
2013 $3,762 $328,600 $86,700 $241,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21379549

MIBOR Broker Listing Cooperative®

APN: 49-03-26-105-005.000-820