NOT LISTED FOR SALE

8131 Michigan Rd Indianapolis, IN 46268

Augusta Neighborhood

Estimated Value: $308,000 - $429,000

3 Beds
2 Baths
3,858 Sq Ft
$96/Sq Ft Est. Value

Last Sold August 16, 2022

Last sale price $417,000 $108 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $2,256/month

5 Days on Market

Highlights

  • 1.49 Acre Lot
  • Family Room with Fireplace
  • Formal Dining Room
  • Cape Cod Architecture
  • Wood Flooring
  • 4 Car Detached Garage

About This Home

As of August 2022

Cozy Cape Cod gated home sits in an unbelievable setting on a wooded 1.5 acres with a private stocked pond. You will not believe you are in the city. This home is warm & inviting. Styled like a Meridian Kessler home - limestone exterior, hardwoods, wrought iron staircase. Relax in sunroom w/ wood-burning stove. Great Room w/ wood-burning fireplace. Large Mstr w/ whirl tub, sep. shower & walk-in closet. Beautiful woodwork. Large 3 car garage with separate heating w/ potential Studio apartment/Office upstairs. Add 2-car garage - shop/storage. Outdoor living space with a cabin that can sleep 4, patio, and fire pit. Dry Finished Basement w/ Fireplace. Convenient Location to all Indy has to offer! Lots of Updates. Don't miss out on this one!

Last Agent to Sell the Property

Lee Smith

@properties Listed on: 07/07/2022

@properties

Last Buyer's Agent

Jordan Nelson

Highgarden Real Estate

Highgarden Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,862

Year Built

  • Built in 1940

Lot Details

  • 1.49 Acre Lot

Parking

  • 4 Car Detached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Stone

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Thermal Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Finished Basement

  • Sump Pump
  • Fireplace in Basement

Outdoor Features

  • Outdoor Storage
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 490320114011000600

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,862

Year Built

Built in 1940

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: CapeCod
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1940
  • Building Area Total: 3858
  • Garage Y N: Yes
  • Lot Size Acres: 1.49
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Basement, Family Room, Woodburning Fireplce
  • Fireplaces: 2
  • Interior Amenities: Walk-in Closet(s), Hardwood Floors, Windows Thermal, Wood Work Painted
  • Other Equipment: Smoke Detector, Sump Pump, Water-Softener Owned
  • Eating Area: Separate Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2740
  • Main Level Sq Ft: 1370
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Suite,Tub Full with Separate Shower,Tub Whirlpool
  • Below Grade Sq Ft: 1118
  • Upper Level Sq Ft: 1370
  • Pct Optional Level Finished: 50-75%

Exterior Features

  • Construction Materials: Stone
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt, Out Building With Utilities, Storage
  • Foundation Details: Block
  • List Price: 439000
  • Association Maintained Building Exterior: 0
  • Porch: Glass Enclosed Patio,Covered Porch

Garage/Parking

  • Garage Spaces: 4
  • Fuel: Gas
  • Garage Parking Description: Detached
  • Garage Parking Other: Heated,Workshop

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Well
  • Solid Waste: 1
  • Utility Options: Cable Connected,Gas Connected,High Speed Internet Avail,Municipal Sewer Available
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490320114011000600
  • Acres: 1-3 Acres
  • Lot Information: Pond,Tree Mature,Wooded
  • Lot Number: 0
  • Lot Size: 64904

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2862
  • Semi Annual Property Tax Amt: 1431
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Pike Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Aug 12, 2022
Sold by
Welch Cheong A and Welch Claude H
Bought by
Adams Elizabeth A
Seller's Agent
Lee Smith
@properties
Buyer's Agent
Jordan Nelson
Highgarden Real Estate
List Price
$439,000
Sold Price
$417,000
Premium/Discount to List
-$22,000
-5.01%
Current Estimated Value
$369,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,231
Avg. Annual Appreciation
-3.74%

Purchase Details

Listed on
Oct 3, 2012
Closed on
Jun 27, 2013
Sold by
Myers Jay W
Bought by
Welch Cheong A
Seller's Agent
Dick Richwine
Berkshire Hathaway Home
Buyer's Agent
Gabriel Lawless
F.C. Tucker Company
List Price
$197,250
Sold Price
$183,000
Premium/Discount to List
-$14,250
-7.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.43%
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
Adams Elizabeth A -- None Listed On Document
Welch Cheong A $183,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2022 08/16/22 Sold $417,000 -5.0% $108 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $439,000 +139.9% $114 / Sq Ft
06/27/2013 06/27/13 Sold $183,000 -7.2% $47 / Sq Ft View Prior Sale
04/27/2013 04/27/13 Pending -- -- --
10/03/2012 10/03/12 For Sale $197,250 -- $51 / 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 $3,546 $325,600 $40,500 $285,100
2023 $3,546 $325,600 $40,500 $285,100
2022 $3,272 $285,800 $40,500 $245,300
2021 $2,642 $237,000 $52,900 $184,100
2020 $2,472 $220,800 $52,900 $167,900
2019 $2,326 $207,200 $52,900 $154,300
2018 $1,984 $174,300 $52,900 $121,400
2017 $1,978 $174,100 $52,900 $121,200
2016 $1,890 $166,100 $52,900 $113,200
2014 $1,709 $162,800 $52,900 $109,900
2013 $1,723 $162,800 $52,900 $109,900
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Lee Smith

    @properties

    Section Image

  • J

    Buyer's Agent in 2022

    Jordan Nelson

    Highgarden Real Estate

    Section Image
  • Dick Richwine

    Seller's Agent in 2013

    Dick Richwine

    Berkshire Hathaway Home

    (317) 558-6900

    384 Total Sales

    Dick Richwine
    Section Image

  • C

    Seller Co-Listing Agent in 2013

    Chris Noel

  • G

    Buyer's Agent in 2013

    Gabriel Lawless

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21868568

MIBOR Broker Listing Cooperative®

APN: 49-03-20-114-011.000-600

Indiana Marion County Indianapolis 46268 Augusta

8131 Michigan Rd, Indianapolis, IN

This home is located at 8131 Michigan Rd, Indianapolis, IN 46268 since 07 July 2022 and is currently estimated at $369,769, approximately $95 per square foot. This property was built in 1940. 8131 Michigan Rd is a home located in Marion County with nearby schools including Pike High School, The Children's House, and St. Monica Catholic 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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