NOT LISTED FOR SALE

8240 5 Points Rd Indianapolis, IN 46259

South Franklin Neighborhood

Estimated Value: $523,000 - $646,282

4 Beds
3.5 Baths
2,765 Sq Ft
$214/Sq Ft Est. Value

Last Sold October 04, 2019

Last sale price $410,000 $148 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,561/month

2 Days on Market

Highlights

  • 6.5 Acre Lot
  • Traditional Architecture
  • Pole Barn
  • Franklin Central High School Rated A-
  • Wood Flooring
  • Skylights

About This Home

As of October 2019

Opportunity Alert! Unique 6.5 Acres Parcel Presents a 4 Bedroom, 3.5 Bath Two Story Home in Franklin Township. Home Sits Comfortably Off Five Points Rd, & is Nicely Updated Inside & Out. Lower Level Master Bedroom & Laundry, Luxury Vinyl Plank Flooring On Main Level, Gas FP, Kitchen Features Granite Countertops & Stainless Steel Appliances (2019). Triple Pane Windows (2013), Roof (2014), Water Heater (2019), Remodeled Master Bath (2014) that Includes Dual Sinks & Tile Flooring & Shower. 38x48x15 Pole Barn Built in 2006, Stows RV w/ 50 Amp Plug-In, Double Door for Mower Access, Also w/ Water Rough-In in Slab For Future Dumping/Filling System. Property has Equestrian & Countless Recreational Potential. NO HOA. Here's The Space You've Wanted!

Last Agent to Sell the Property

Daniel Aud

Keller Williams Indy Metro S License #RB14047314 Listed on: 09/10/2019

Keller Williams Indy Metro S

Co-Listed By

Taylor Paschal

Epique Inc License #RB18001848

Last Buyer's Agent

Scott Smith

Keller Williams Indy Metro S

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,536

Year Built

  • Built in 1995

Lot Details

  • 6.5 Acre Lot

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Tray Ceiling
  • Skylights
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Living Room with Fireplace
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Basement

  • Sump Pump
  • Crawl Space

Outdoor Features

  • Pole Barn
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 491523105007000300

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,536

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Multi-Level, TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1995
  • Co List Office Phone: 317-882-5900
  • Garage Y N: Yes
  • Lot Size Acres: 6.5
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: General
  • Property Description: Opportunity Alert! Unique 6.5 Acres Parcel Presents a 4 Bedroom, 3.5 Bath Two Story Home in Franklin Township. Home Sits Comfortably Off Five Points Rd, & is Nicely Updated Inside & Out. Lower Level Master Bedroom & Laundry, Luxury Vinyl Plank Flooring On Main Level, Gas FP, Kitchen Features Granite Countertops & Stainless Steel Appliances (2019). Triple Pane Windows (2013), Roof (2014), Water Heater (2019), Remodeled Master Bath (2014) that Includes Dual Sinks & Tile Flooring & Shower. 38x48x15 Pole Barn Built in 2006, Stows RV w/ 50 Amp Plug-In, Double Door for Mower Access, Also w/ Water Rough-In in Slab For Future Dumping/Filling System. Property has Equestrian & Countless Recreational Potential. NO HOA. Here's The Space You've Wanted!
  • Transaction Type: Sale
  • Website: www.ListIndy.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Disposal, Microwave, Refrigerator
  • Levels: Two
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Interior Amenities: Tray Ceiling(s), Walk-in Closet(s), Hardwood Floors, Skylight(s), Windows Vinyl, Wood Work Stained
  • Living Area: 2765
  • Other Equipment: Smoke Detector, Sump Pump
  • Room Count: 10
  • Areas Interior: Foyer Large,Laundry Room Main Level
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2765
  • Main Level Sq Ft: 1503
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Bedroom 2nd Master,Closet Walk in,Shower Stall Full,Sinks Double,Suite
  • Total Sq Ft: 2765
  • Kitchen Features: Breakfast Bar,Kitchen Updated,Pantry
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 1262

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • Disclosures: Not Applicable
  • Exterior Features: Barn Pole, Driveway Concrete, Driveway Gravel, Out Building With Utilities
  • Foundation Details: Crawl Space
  • List Price: 385000
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached,Multiple Garages
  • Garage Parking Other: Garage Door Opener,Service Door

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Connected,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: NA

Fee Information

  • Association Fee Includes: Other
  • Mandatory Fee: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491523105007000300
  • Acres: 5-10 Acres
  • Lot Information: Not In Subdivision,Rural No Subdivision,Tree Mature
  • Lot Number: 0
  • Lot Size: 235'x1206

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 3536
  • Semi Annual Property Tax Amt: 1768
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Franklin Township
  • Schools: Franklin Central High,Franklin Township West Middle,Mary Adams Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2019
Closed on
Oct 4, 2019
Sold by
Myers Wesley A and Myers Mary Elizabeth
Bought by
Miller Effie and Miller Mark
Seller's Agent
Daniel Aud
Keller Williams Indy Metro S
Buyer's Agent
Scott Smith
Keller Williams Indy Metro S
List Price
$385,000
Sold Price
$410,000
Premium/Discount to List
$25,000
6.49%
Current Estimated Value
$591,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,571
Avg. Annual Appreciation
8.10%
Original Mortgage
$349,002
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 16, 2005
Sold by
Heckman Carolyn and Black Manda
Bought by
Myers Wesley A and Myers Mary Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.01%
Mortgage Type
New Conventional
Source: Public Records

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

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
Miller Effie $410,000 Title Alliance Of Indy Metro,
Myers Wesley A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Effie $349,002
Previous Owner Myers Wesley A $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2019 10/04/19 Sold $410,000 +6.5% $148 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
09/10/2019 09/10/19 For Sale $385,000 -- $139 / 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 $5,239 $427,300 $46,000 $381,300
2023 $5,239 $429,700 $44,200 $385,500
2022 $5,598 $429,700 $44,200 $385,500
2021 $5,149 $405,400 $35,300 $370,100
2020 $4,916 $385,700 $35,300 $350,400
2019 $4,154 $308,500 $36,700 $271,800
2018 $3,768 $277,800 $36,900 $240,900
2017 $3,807 $281,500 $38,100 $243,400
2016 $3,792 $278,300 $38,600 $239,700
2014 $3,310 $261,700 $39,000 $222,700
2013 $3,170 $260,300 $37,600 $222,700
Source: Public Records

Agents Affiliated with this Home

  • Daniel Aud

    Seller's Agent in 2019

    Daniel Aud

    Keller Williams Indy Metro S

    (317) 408-9529

    7 in this area

    61 Total Sales

    Daniel Aud
    Section Image

  • T

    Seller Co-Listing Agent in 2019

    Taylor Paschal

    Epique Inc

    6 in this area

    75 Total Sales

    Taylor Paschal
    Section Image

  • S

    Buyer's Agent in 2019

    Scott Smith

    Keller Williams Indy Metro S

    Section Image

  • D

    Buyer Co-Listing Agent in 2019

    David Knight

    Keller Williams Indy Metro S

    (877) 780-7653

    29 Total Sales

    David Knight
    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21667274

MIBOR Broker Listing Cooperative®

APN: 49-15-23-105-007.000-300

Indiana Marion County Indianapolis 46237 South Franklin

8240 5 Points Rd, Indianapolis, IN

This home is located at 8240 5 Points Rd, Indianapolis, IN 46259 since 10 September 2019 and is currently estimated at $591,571, approximately $213 per square foot. This property was built in 1995. 8240 5 Points Rd is a home located in Marion County with nearby schools including Franklin Central High School, Curtis Wilson Primary School and Academy, and Southport Presbyterian Christian 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