NOT LISTED FOR SALE

7547 Shelbyville Rd Indianapolis, IN 46259

South Franklin Neighborhood

Estimated Value: $766,000 - $1,035,000

3 Beds
2.5 Baths
3,586 Sq Ft
$253/Sq Ft Est. Value

Last Sold October 06, 2022

Last sale price $950,000 $265 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $5,720/month

28 Days on Market

Highlights

  • 3.43 Acre Lot
  • Vaulted Ceiling
  • Pole Barn
  • Franklin Central High School Rated A-
  • Chateau Architecture
  • Double Oven

About This Home

As of October 2022

Beautiful new custom home and shop on 3.43 acres in Franklin township with easy access to downtown Indy (15 min) and Greenwood (5 min) yet has a country rural feel. House features main floor living, large vaulted timber framed open spaces and high end fixtures and appliances. Upper loft and 932 sf unfinished bonus room. The home sits on a beautiful park like property with open spaces and woods with walking trails. Fenced back yard. A new 28x38 shop sits behind the home and has water and electricity. Geothermal is for saving costs of HVAC and domestic hot water, City water and the well is for irrigation, 400AMP Elect service. Quadfire HE Wood burning fireplace is ducted and can heat entire home in cold weather.

Last Agent to Sell the Property

Lisa Meulbroek

Liberty Real Estate, LLC. Listed on: 08/02/2022

Co-Listed By

Chris Meulbroek

Liberty Real Estate, LLC.

Last Buyer's Agent

Jason Hess

Compass Indiana, LLC

Compass Indiana, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,496

Year Built

  • Built in 2018

Lot Details

  • 3.43 Acre Lot
  • Partially Fenced Property

Parking

  • 3 Car Attached Garage
  • Gravel Driveway

Home Design

  • Chateau Architecture
  • Cement Siding
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 2-Story Property
  • Sound System
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Self Contained Fireplace Unit Or Insert
  • Fireplace Features Blower Fan
  • Great Room with Fireplace
  • Storage
  • Sump Pump with Backup
  • Attic Access Panel

Kitchen

  • Double Oven
  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Monitored
  • Fire and Smoke Detector

Outdoor Features

  • Fire Pit
  • Pole Barn
  • Outdoor Gas Grill

Utilities

  • Forced Air Heating and Cooling System
  • Geothermal Heating and Cooling
  • Heating System Uses Wood
  • Programmable Thermostat
  • Iron Water Filter
  • Water Purifier
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 491513113005000300

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,496

Year Built

Built in 2018

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Chateau, Multi-Level
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 2018
  • Building Area Total: 3586
  • Co List Office Phone: 866-973-6660
  • Garage Y N: Yes
  • Lot Size Acres: 3.43
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Accessibility Features YN: 0
  • MBR_AttributionContact: lmeulbroek@libertyrealestate.biz
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Gas Oven, Range Hood, Refrigerator, Trash Compactor, Washer, Double Oven
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Blower Fan, Insert, Great Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Built In Book Shelves, Vaulted Ceiling(s), Walk-in Closet(s), Supplemental Storage
  • Other Equipment: Gas Grill, Iron Filter, Network Ready, Security Alarm Monitored, Smoke Detector, Sump Pump w/Backup, Surround Sound, Programmable Thermostat, Water Purifier
  • Areas Interior: Bath Jack-n-Jill,Bath Sinks Double Main,Bedroom Other on Main,Foyer - 2 Story,Foyer Large,Great Room - 2 Story,Laundry Room Main Level,Utility Room
  • Eating Area: Dining Combo/Great Room,Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 3586
  • Main Level Sq Ft: 3076
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Shower Stall Full,Sinks Double,TubFull with Shower
  • Kitchen Features: Center Island,Pantry WalkIn
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 510

Exterior Features

  • Construction Materials: Cement Siding, Stone
  • Disclosures: Not Applicable
  • Exterior Features: Barn Pole, Driveway Gravel, Fence Partial, Fire Pit
  • Foundation Details: Concrete Perimeter
  • List Price: 997500
  • Association Maintained Building Exterior: 0
  • Porch: Covered Patio,Screened in Patio

Garage/Parking

  • Garage Spaces: 3
  • Fuel: Electric,Propane Owned
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage,Keyless Entry,Service Door,Workshop
  • Garage Sq Ft: 932

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air, Geothermal, Wood
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Connected,Gas Available,High Speed Internet Avail,Private Well 2nd Source
  • Water Heater: Tankless

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491513113005000300
  • Acres: 3-5 Acres
  • Lot Information: Not In Subdivision,Tree Mature,Trees Small,Wooded
  • Lot Number: 0
  • Lot Size: 149410.8

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 8496
  • Semi Annual Property Tax Amt: 4248
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Franklin Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2022
Closed on
Oct 11, 2022
Sold by
Funkhauser Bradley
Bought by
Mckee Joseph and Mckee Rachelle
Seller's Agent
Lisa Meulbroek
Liberty Real Estate, LLC.
Buyer's Agent
Jason Hess
Compass Indiana, LLC
List Price
$1,090,000
Sold Price
$950,000
Premium/Discount to List
-$140,000
-12.84%
Views
13
Current Estimated Value
$906,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,321
Avg. Annual Appreciation
-4.50%
Original Mortgage
$647,200
Outstanding Balance
$625,106
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$204,584

Purchase Details

Closed on
Oct 17, 2017
Sold by
Nuttall Dennis Mcrea
Bought by
Turner Nicole and Funkhauser Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
3.83%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Mckee Joseph $950,000 Chicago Title
Turner Nicole $90,000 --
Funkhauser Bradley -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckee Joseph $647,200
Previous Owner Turner Nicole L $690,097
Previous Owner Funkhauser Bradley $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2022 10/06/22 Sold $950,000 -4.8% $265 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/19/2022 08/19/22 Price Changed $997,500 -8.5% $278 / Sq Ft
08/02/2022 08/02/22 For Sale $1,090,000 -- $304 / 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 $10,684 $944,500 $46,500 $898,000
2023 $10,684 $918,000 $46,500 $871,500
2022 $9,285 $748,900 $46,500 $702,400
2021 $8,720 $699,700 $46,500 $653,200
2020 $8,233 $661,500 $43,800 $617,700
2019 $4,022 $353,600 $38,800 $314,800
2018 $678 $20,000 $20,000 $0
2017 $1,192 $37,700 $37,700 $0
2016 $1,748 $66,800 $56,600 $10,200
2014 $3,445 $156,500 $56,700 $99,800
2013 $2,183 $156,300 $56,500 $99,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Lisa Meulbroek

    Liberty Real Estate, LLC.

    Section Image

  • C

    Seller Co-Listing Agent in 2022

    Chris Meulbroek

    Liberty Real Estate, LLC.

    Section Image

  • J

    Buyer's Agent in 2022

    Jason Hess

    Compass Indiana, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21875057

MIBOR Broker Listing Cooperative®

APN: 49-15-13-113-005.000-300

Indiana Marion County Indianapolis 46259 South Franklin

7547 Shelbyville Rd, Indianapolis, IN

This home is located at 7547 Shelbyville Rd, Indianapolis, IN 46259 since 02 August 2022 and is currently estimated at $906,679, approximately $252 per square foot. This property was built in 2018. 7547 Shelbyville Rd is a home located in Marion County with nearby schools including Franklin Central High 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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