NOT LISTED FOR SALE

8221 S Mitthoeffer Rd Indianapolis, IN 46259

Estimated Value: $538,000 - $863,000

4 Beds

2.5 Baths

4,214 Sq Ft

$168/Sq Ft Est. Value

Last sale price $560,000 $133 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,418/month

3 Days on Market

Highlights

4.82 Acre Lot
1 Fireplace
1-Story Property
Franklin Central High School Rated A-
2 Car Attached Garage

About This Home

As of October 2020

Homes Like This Do Not Become Available Often in this Market & this one has it all. Open Concept, 4 Bed/3 Bath Ranch w/ Full Basement, Partially Finished, Storage Area & Bonus Room Ready to Entertain. Stunning Kitchen Recently Renovated that's Perfect for Day to Day or Hosting Friends & Family. Big & Bright Sunroom Off the Kitchen that Overlooks the Backyard. Huge Open Yard w/ Above Ground Gardens, Firepit, Newer Oversized Pool w/ your own Outside Bar Area. Custom Fencing Throughout & One of the Main Features..The Outbuildings. Multiple Storage Opportunities from Sheds to a Concrete Floored Outbuilding w/ Full Power & Stunning Horse Barn Ready to Put to Use. Just Under 5 Acres, has the Feel of So Much More. Franklin Township Schools. Hurry!

Last Agent to Sell the Property

Jason Hess

Compass Indiana, LLC License #RB14048495 Listed on: 08/27/2020

Last Buyer's Agent

Jim Talhelm

Hoosier, REALTORS®

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,758

Year Built

Built in 1969

Lot Details

4.82 Acre Lot

Parking

2 Car Attached Garage

Interior Spaces

4,214 Sq Ft Home
1-Story Property
1 Fireplace
Basement

Bedrooms and Bathrooms

4 Bedrooms

Utilities

Heating System Uses Gas
Well
Gas Water Heater
Septic Tank

Listing and Financial Details

Assessor Parcel Number 491621104003000300

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,758

Year Built

Built in 1969

Lot Details

Parking

Listing Details

Property Sub Type: Single Family Residence
Architectural Style: Ranch,TraditonalAmerican
Property Type: Residential
New Construction: No
Tax Year: 2019
Year Built: 1969
Garage Y N: Yes
Lot Size Acres: 4.82
Subdivision Name: NO SUBDIVISION
Inspection Warranties: Not Applicable
Property Description: Homes Like This Do Not Become Available Often in this Market & this one has it all. Open Concept, 4 Bed/3 Bath Ranch w/ Full Basement, Partially Finished, Storage Area & Bonus Room Ready to Entertain. Stunning Kitchen Recently Renovated that's Perfect for Day to Day or Hosting Friends & Family. Big & Bright Sunroom Off the Kitchen that Overlooks the Backyard. Huge Open Yard w/ Above Ground Gardens, Firepit, Newer Oversized Pool w/ your own Outside Bar Area. Custom Fencing Throughout & One of the Main Features..The Outbuildings. Multiple Storage Opportunities from Sheds to a Concrete Floored Outbuilding w/ Full Power & Stunning Horse Barn Ready to Put to Use. Just Under 5 Acres, has the Feel of So Much More. Franklin Township Schools. Hurry!
Transaction Type: Sale
Special Features: None

Interior Features

Basement: Yes
Basement Type: Finished,Partial
Appliances: Gas Cooktop,Dishwasher,Down Draft,Disposal,Microwave,Oven,Refrigerator
Levels: One
Full Bathrooms: 2
Half Bathrooms: 1
Total Bathrooms: 3
Total Bedrooms: 4
Fireplace Features: Gas Log,Living Room
Fireplaces: 1
Interior Amenities: Ceiling Cathedral,Walk-in Closet(s),Wet Bar,Windows Wood,WoodWorkStain/Painted
Living Area: 4214
Other Equipment: Network Ready,Sump Pump,Sump Pump,WetBar,Water-Softener Owned
Room Count: 13
Areas Interior: Bedroom Other on Main,Laundry Room Main Level,Utility Room
Eating Area: Breakfast Room,Formal Dining Room
Basement Full Bathrooms: 0
Main Level Full Bathrooms: 2
Sq Ft Main Upper: 2566
Main Level Sq Ft: 2566
Basement Half Bathrooms: 0
Main Half Bathrooms: 1
Master Bedroom Description: Closet Walk in,Deck,Shower Stall Full,Sinks Double
Total Sq Ft: 4214
Kitchen Features: Center Island,Pantry
Below Grade Sq Ft: 1648
Upper Level Sq Ft: 0
Pct Optional Level Finished: 50-75%

Exterior Features

Construction Materials: Brick,Cedar
Disclosures: Not Applicable
Exterior Features: Barn Horse,Barn Pole,Out Building With Utilities,Pool Above Ground
Foundation Details: Block,Crawl Space
List Price: 575000
Association Maintained Building Exterior: 0
Porch: Deck Main Level,Covered Porch

Garage/Parking

Garage Spaces: 2
Fuel: Gas
Garage Parking Description: Attached
Garage Parking Other: Floor Drain,Garage Door Opener,Finished Garage,Rear Load Garage,Service Door

Utilities

Sewer: Septic Tank
Cooling: Central Air,Ceiling Fan(s)
Heating: Forced Air,Humidifier
Water Source: Well
Solid Waste: 1
Utility Options: Cable Available,Gas Available,High Speed Internet Avail
Water Heater: Gas

Lot Info

Property Attached Yn: No
Parcel Number: 491621104003000300
Acres: 3-5 Acres
Lot Information: Rural No Subdivision,Tree Mature
Lot Number: 1
Lot Size: 209959

Green Features

Green Certification Y N: 0

Tax Info

Tax Annual Amount: 5758
Semi Annual Property Tax Amt: 2879
Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

School District: Franklin Township
Schools: Acton Elementary,Franklin Central High,Franklin Township East Middle

Ownership History

Oct 2020 - Present Reed Christopher D and Reed Kimberly K 4 Years and 7 Months

Private Individual

Purchase Details

Listed on

Aug 27, 2020

Closed on

Oct 2, 2020

Sold by

Williams Derek S and Williams Ann E

Bought by

Reed Christopher D and Reed Kimberly K

Seller's Agent

Jason Hess

Compass Indiana, LLC

Buyer's Agent

Jim Talhelm

Hoosier, REALTORS®

List Price

$575,000

Sold Price

$560,000

Premium/Discount to List

-$15,000

-2.61%

Total Days on Market

Current Estimated Value

$707,770

Estimated Appreciation

$147,770

Avg. Annual Appreciation

5.15%

Original Mortgage

$448,000

Outstanding Balance

$402,948

Interest Rate

2.9%

Mortgage Type

New Conventional

Estimated Equity

$304,822

Dec 2017 - Oct 2020 Williams Derek S and Williams Ann E 2 Years and 10 Months

Private Individual

Purchase Details

Listed on

May 25, 2017

Closed on

Dec 29, 2017

Sold by

Foster Betty I

Bought by

Williams Derek S and Williams Ann E

Seller's Agent

David Brenton

DAVID BRENTON'S TEAM

Buyer's Agent

Jason Hess

Compass Indiana, LLC

List Price

$450,000

Sold Price

$405,000

Premium/Discount to List

-$45,000

-10%

Avg. Annual Appreciation

12.46%

Original Mortgage

$418,365

Interest Rate

3.9%

Mortgage Type

Source: Public Records

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Average Value

Not Available

List Price

Sold Price

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Purchase History

Date	Buyer	Sale Price	Title Company
	Reed Christopher D	--	Security Title
	Williams Derek S	$405,000	Chicago Title

Source: Public Records

Mortgage History

Status	Borrower	Loan Amount
Open	Reed Christopher D	$448,000
Previous Owner	Williams Derek S	$418,365
Previous Owner	Foster William D	$233,000

Source: Public Records

Property History

Date	Event	Price	Change	Sq Ft Price
10/02/2020 10/02/20	Sold	$560,000	-2.6%	$133 / Sq Ft
08/31/2020 08/31/20	Pending	--	--	--
08/27/2020 08/27/20	For Sale	$575,000	+42.0%	$136 / Sq Ft
12/29/2017 12/29/17	Sold	$405,000	-10.0%	$96 / Sq Ft
10/27/2017 10/27/17	Pending	--	--	--
07/28/2017 07/28/17	Price Changed	$450,000	0.0%	$107 / Sq Ft
07/27/2017 07/27/17	Price Changed	$449,999	0.0%	$107 / Sq Ft
05/25/2017 05/25/17	For Sale	$450,000	--	$107 / Sq Ft

Source: MIBOR Broker Listing Cooperative®

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	$7,945	$610,500	$58,700	$551,800
2023	$7,945	$612,200	$58,700	$553,500
2022	$8,261	$612,200	$58,700	$553,500
2021	$7,629	$556,400	$58,700	$497,700
2020	$6,169	$431,200	$53,900	$377,300
2019	$6,114	$430,400	$48,900	$381,500
2018	$5,193	$376,900	$48,900	$328,000
2017	$4,359	$297,700	$48,900	$248,800
2016	$4,351	$294,500	$48,900	$245,600
2014	$3,661	$271,900	$40,100	$231,800
2013	$3,509	$271,900	$40,100	$231,800

Source: Public Records

Agents Affiliated with this Home

Seller's Agent in 2020

Jason Hess

Compass Indiana, LLC

(317) 716-9258

2 in this area

310 Total Sales

Jason Hess
Buyer's Agent in 2020

Jim Talhelm

Hoosier, REALTORS®

(317) 407-6608

15 in this area

167 Total Sales
Seller's Agent in 2017

David Brenton

DAVID BRENTON'S TEAM

(317) 882-7210

10 in this area

623 Total Sales

David Brenton

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21735158

APN: 49-16-21-104-003.000-300

Indiana Marion County Indianapolis 46259

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Nearby Homes

8221 S Mitthoeffer Rd Indianapolis, IN 46259

Last Sold October 02, 2020

Highlights

About This Home

Home Details

Home Details

Ownership History

Purchase Details

Home Financials for this Owner

Purchase Details

Home Financials for this Owner

Similar Homes in the area

Home Values in the Area

Average Home Value in this Area

Purchase History

Mortgage History

Property History

Tax History Compared to Growth

Tax History

Agents Affiliated with this Home

Map