NOT LISTED FOR SALE

8201 Old Farm Ln Indianapolis, IN 46214

Chapel Hill-Ben Davis Neighborhood

Estimated Value: $233,000 - $259,000

2 Beds
1 Bath
943 Sq Ft
$261/Sq Ft Est. Value

Last Sold April 01, 2021

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

Est. 23% increase in value since last sale

Current estimated payment $1,698/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 Agent to Sell the Property

Bobby Munden

Dropped Members License #RB20001257 Listed on: 03/18/2021

Last Buyer's Agent

Richard Williams

F.C. Tucker Company

F.C. Tucker Company

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

Garage/Parking

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

Utilities

  • Solid Waste: 1

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

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
Current Estimated Value
$246,000

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
Dropped Members
Buyer's Agent
Richard 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
4.47%

Purchase Details

Listed on
Mar 18, 2021
Closed on
Mar 29, 2021
Sold by
Fries Colleen R and Fries Gerald W
Bought by
Shah Ninad and Shah Nirali
Seller's Agent
Bobby Munden
Dropped Members
Buyer's Agent
Richard Williams
F.C. Tucker Company
List Price
$165,000
Sold Price
$200,000
Premium/Discount to List
$35,000
21.21%

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
8201-3 Old Farm Llc -- Frank & Kraft
Shah Ninad $200,000 None Available
Shah Ninad -- Title Solutions
Fries Colleen R -- None Available
Fries Colleen R -- None Available
Fries Frederick E -- None Available
Fries Nancy F -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

    Dropped Members

    Section Image

  • R

    Buyer's Agent in 2021

    Richard Williams

    F.C. Tucker Company

    Section Image
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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

Not Listed for Sale

MultiFamily

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