NOT LISTED FOR SALE

8201 Old Farm Ln Indianapolis, IN 46214

Chapel Hill-Ben Davis Neighborhood

Estimated Value: $204,000 - $362,755

2 Beds
1 Bath
943 Sq Ft
$284/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $200,000 $212 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,897/month

Highlights

  • Traditional Architecture
  • 1-Story Property
  • Outdoor Storage
  • Ben Davis University High School Rated A

About This Home

As of April 2021

8201/8203 is a wonderful full brick duplex. The home features a brand new roof installed about 6 months ago, fresh paint and carpet per unit! Each unit has 2 beds, 2 baths, and attached two car garage. Each unit also has its on barn for extra storage. Great investment opportunity that’s move in ready!

Last Listed By

Bobby Munden

Acup Team, LLC License #RB20001257 Listed on: 03/18/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,390

Year Built

  • Built in 1975

Lot Details

  • 10,803

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Additional Features

  • 1-Story Property
  • Outdoor Storage
  • 10,803 Sq Ft Lot

Community Details

  • Country Junction Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, insurance
  • The owner pays for insurance, taxes, no utilities
  • Assessor Parcel Number 490534103003000900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,390

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1975
  • Lot Size Acres: 0.248
  • Structure Type: Duplex
  • Subdivision Name: COUNTRY JUNCTION
  • Inspection Warranties: Not Applicable
  • Property Description: 8201/8203 is a wonderful full brick duplex. The home features a brand new roof installed about 6 months ago, fresh paint and carpet per unit! Each unit has 2 beds, 2 baths, and attached two car garage. Each unit also has its on barn for extra storage. Great investment opportunity that’s move in ready!
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: Insurance, Taxes, No Utilities
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Common

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Storage
  • List Price: 165000

Garage/Parking

  • Garage Spaces: 2
  • Unit Parking: 2 Car Garage

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 490534103003000900
  • Acres: <1/4 Acre
  • Lot Information: Corner,Tree Mature
  • Lot Number: 7
  • Lot Size: 10,803

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Insurance

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3390
  • Semi Annual Property Tax Amt: 1695
  • Tax Exemption: None

MLS Schools

  • School District: Wayne Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2021
Sold by
Shah and Nirali
Bought by
8201-3 Old Farm Llc
Total Days on Market
0
Current Estimated Value
$267,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2021
Sold by
Shah Ninad and Shah Nirali
Bought by
8201 3 Old Farm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2021
Closed on
Apr 1, 2021
Sold by
Fires Colleen R and Fires Gerald W
Bought by
Shah Ninad and Shah Nirali
Seller's Agent
Bobby Munden
Acup Team, LLC
Buyer's Agent
Ric Williams
F.C. Tucker Company
List Price
$165,000
Sold Price
$200,000
Premium/Discount to List
$35,000
21.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.25%

Purchase Details

Closed on
Dec 7, 2011
Sold by
Fries Colleen R
Bought by
Fries Colleen R and Fries Gerald W

Purchase Details

Closed on
Nov 14, 2011
Sold by
Fries Gerald W and Estate Of Frederick E Fries Jr
Bought by
Fries Colleen R

Purchase Details

Closed on
Jan 26, 2005
Sold by
Fries Fred E and Fries Nancy F
Bought by
Fries Nancy F

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Indianapolis, IN

  • 2325 Guilford Ave, Indianapolis, IN 46205

    $290,000

    • 3 Beds
    • 2 Baths
    • 2325 Guilford Ave
    • Indianapolis, IN

    Investor's Dream in Mapleton-Fall Creek Welcome to 2325 & 2327 Guilford Ave, a rare opportunity to own a fully renovated, cash-flowing duplex in one of Indy's fastest-growing neighborhoods. Located just a block away from newly built townhomes and steps from the Monon Trail, this property sits in the heart of an area where revitalization is well underway. Each side of this spacious duplex

    Dana Rivers Resolute Realty

    Section Image
  • 327 N Sherman Dr, Indianapolis, IN 46201

    $239,900

    • 4 Beds
    • 2 Baths
    • 327 N Sherman Dr
    • Indianapolis, IN

    Calling all Investors!!!! Charming Modern Duplex - Close to Downtown & Public Transit This beautifully renovated duplex offers two spacious 2-bedroom, 1-bathroom units, each thoughtfully updated within the last five years. Featuring modern finishes throughout, both units include washer and dryer connections for convenience. The property is separately metered for utilities, ensuring ease of

    Jessica Green CityPlace Realty

    Section Image
  • 831 N Hawthorne Ln, Indianapolis, IN 46219

    $259,900

    • 2 Beds
    • 2 Baths
    • 831 N Hawthorne Ln
    • Indianapolis, IN

    All-brick duplex in the Irvington Historic District-perfect for investors or owner-occupants! Each side offers 1 bedroom, 1 full bath, a living room, dining area, kitchen, and large unfinished basement. One unit features hardwood floors throughout the main living areas (except kitchen and bath); the other offers hardwoods in the bedroom and luxury vinyl plank in the living and dining rooms. One

    Troy Durbin Coldwell Banker - Kaiser

    Section Image
  • 2249 Admiral Dr, Indianapolis, IN 46219

    $224,977

    • 4 Beds
    • 2 Baths
    • 2249 Admiral Dr
    • Indianapolis, IN

    *DUPLEX FOR SALE, TWO UNITS WITH 2 BEDROOMS, 1 BATHROOM EACH* Welcome to 2249 N. Admiral Drive, Indianapolis, IN 46219-an exceptional investment opportunity or ideal owner-occupied duplex in the heart of the east side. This completely renovated duplex features two units, each offering 2 bedrooms, 1 full bath, and 846 square feet of stylish living space. Each unit has been thoroughly updated with

    Hart Summeier Level Up Real Estate Group

    Section Image
  • 38 N Elder Ave, Indianapolis, IN 46222

    $260,000

    • 2 Beds
    • 2 Baths
    • 38 N Elder Ave
    • Indianapolis, IN

    Charming Duplex with Airbnb Income Near Downtown Indy Located just minutes from downtown Indianapolis and Indianola Park, this well-maintained duplex on North Elder Avenue is a standout investment opportunity. Both 2-bedroom, 1-bathroom units are currently rented as successful Airbnb listings, providing steady short-term rental income. Each 810 sq. ft. unit features an inviting front porch,

    Steve Flanagan R. P. Lux Company

    Section Image
  • 2862 Highland Place, Indianapolis, IN 46208

    $215,000

    • 2 Beds
    • 1 Bath
    • 2862 Highland Place
    • Indianapolis, IN

    Great investment opportunity in an increasingly popular area. 2bd 1bath both sides with fresh, modern updates. One side is leased making this an instant cash flowing property. Numerous ceiling fans, formal dining room and ample natural light make for very comfortable living! Large backyard creates numerous possibilities.

    Virginia Iozzo Epique Inc

    Section Image
  • 3727 N Kenwood Ave, Indianapolis, IN 46208

    $209,900

    • 4 Beds
    • 2 Baths
    • 3727 N Kenwood Ave
    • Indianapolis, IN

    This well-maintained duplex offers two spacious 2-bedroom, 1-bathroom units, each featuring clean, modern updates throughout. With a proven rental history, it presents an excellent investment opportunity in a highly sought-after neighborhood. The property boasts a strong rental demand due to its prime location, offering easy access to local amenities, parks, and top-rated schools. One unit is

    Laura Booram @properties

    Section Image
  • 3547 N Illinois St, Indianapolis, IN 46208

    $325,000

    • 2 Beds
    • 1 Bath
    • 3547 N Illinois St
    • Indianapolis, IN

    Hurry! This is the rare renovated duplex you have been looking for! 2 Bed 1 Bath with full length basement on each side. Bright, clean, and newly refreshed; perfect timing for an owner occupant or investor to place summer tenants. The new owner will enjoy new HVAC system, paint, water heaters, windows and roof. Prospective tenants will love the updated kitchen with new cabinets & countertops.

    Tyler Willis @properties

    Section Image
  • 2141 Bellefontaine St, Indianapolis, IN 46202

    $327,000

    • 4 Beds
    • 2 Baths
    • 2141 Bellefontaine St
    • Indianapolis, IN

    Great cash flow investment opportunity! Charming occupied duplex in Mapleton Fall Creek Area. Unit 2141 has been freshly remodeled with new appliances. Each unit has 2 beds, 1 bath. Great location, close to shopping malls and walking distance to the Monon Trail.

    Edwin Watson Triple E Realty, LLC

    Section Image
See All Homes in Indianapolis

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
8201-3 Old Farm Llc -- Frank & Kraft
8201 3 Old Farm Llc -- None Available
Shah Ninad $200,000 None Available
Fries Colleen R -- None Available
Fries Colleen R -- None Available
Fries Frederick E -- None Available
Fries Nancy F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shah Nirali $164,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $200,000 +21.2% $212 / Sq Ft
03/20/2021 03/20/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $165,000 -- $175 / 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 $4,854 $198,200 $20,300 $177,900
2023 $4,854 $198,200 $20,300 $177,900
2022 $4,724 $192,800 $20,300 $172,500
2021 $3,634 $127,500 $20,300 $107,200
2020 $3,994 $147,700 $20,300 $127,400
2019 $3,389 $125,300 $20,300 $105,000
2018 $2,842 $113,300 $20,300 $93,000
2017 $2,814 $112,300 $20,300 $92,000
2016 $2,584 $109,700 $20,300 $89,400
2014 $2,156 $107,500 $20,300 $87,200
2013 $2,156 $107,500 $20,300 $87,200
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Bobby Munden

    Acup Team, LLC

    (317) 739-9395

    1 in this area

    13 Total Sales

    Bobby Munden
    Section Image

  • R

    Buyer's Agent in 2021

    Ric Williams

    F.C. Tucker Company

  • Richard Williams

    Buyer's Agent in 2021

    Richard Williams

    Williams Property Group LLC

    (317) 509-7867

    1 in this area

    41 Total Sales

    Richard Williams
    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21771971

MIBOR Broker Listing Cooperative®

APN: 49-05-34-103-003.000-900

Indiana Marion County Indianapolis 46214 Chapel Hill-Ben Davis

8201 Old Farm Ln, Indianapolis, IN

Homes for Sale in Indianapolis, IN

This home is located at 8201 Old Farm Ln, Indianapolis, IN 46214 since 18 March 2021 and is currently estimated at $267,689, approximately $283 per square foot. This property was built in 1975. 8201 Old Farm Ln is a home located in Marion County with nearby schools including Chapelwood Elementary School, Chapel Hill 7th & 8th Grade Center, and Ben Davis 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.

Nearby Homes