NOT LISTED FOR SALE

8485 Bluff Rd Indianapolis, IN 46217

Glenns Valley Neighborhood

Estimated Value: $255,000 - $271,599

4 Beds
2 Baths
986 Sq Ft
$266/Sq Ft Est. Value

Last Sold December 30, 2024

Last sale price $264,000 $268 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,855/month

19 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Perry Meridian Middle School Rated A-

About This Home

As of December 2024

PERRY TWP - 8485 & 8487 Bluff Rd - Income Property - 2000sqft DUPLEX in Tip-Top Shape. Remodeled and well-cared for by long-term owner. Each side features 2 Beds & 1 Full Updated Bathroom. 986 sqft on each side, Oversized 1 Car Garages, Large Driveways, plenty of parking, Big Yard (almost 1/2 ACRE) & NO HOA. Newer Vinyl Windows Throughout, Newer Roof with upgraded dimensional shingles (2016); NEW Luxury Vinyl Plank Floor & Fresh Neutral Paint throughout, Freshly painted Interior Woodwork. Large closets, 6 panel doors and solid wood doors, Kitchen appliances include Refrig, Electric Range/Oven in North Unit (8485)***, Eat-in KITCHEN with new floor, tile backsplash, upgrade sink & faucet, spacious & BREAKFAST Rm. Covered Back Porch w/Tile Floor to Enjoy. Total Electric. North Unit w/Updated AC. 1 Well (no water bill!) & 2 Septics. Great Location - Close to Everything. *****8485 BLUFF RD*****(north unit): Vacant - 2 BEDS: 12x11 New Luxury Vinyl Plank Floors Throughout; 1 Full Bath Updated & Newer Surround Tub/Shower; Eat In KITCHEN: 12x10 LVP; BREAKFAST Rm: 14x10 LVP; FAMILY Rm: 16x12 LVP; Updated Lights, Fresh Paint, Replacement Vinyl Windows (2016). *****8785 Bluff Rd*****(south unit): Tenant Occupied - month to month lease; Mirror Layout to north unit.

Last Agent to Sell the Property

Jeff Paxson

Jeff Paxson Team Brokerage Email: jeff@jeffpaxson.com License #RB14044826 Listed on: 11/26/2024

Last Buyer's Agent

Angela Brackin

Home Finders Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,638

Year Built

  • Built in 1976 | Remodeled

Lot Details

  • 0.49

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Suburban Location
  • City Lot

Additional Features

  • Washer and Dryer Hookup
  • 0.49 Acre Lot
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for all utilities, electricity, lawncare
  • Assessor Parcel Number 491421121010000500
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,638

Year Built

Built in 1976 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1976
  • Lot Size Acres: 0.49
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Lead Base Paint
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: jeff@jeffpaxson.com
  • Multi Rooms: 12
  • Attribution Contact: jeff@jeffpaxson.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Levels: One
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Possible Use: Residential
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Construction Materials: Brick
  • Direction Faces: West
  • Property Condition: Updated/Remodeled
  • Road Access: County Rd

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Gravel
  • Unit Parking: 1 Car Garage,Guest Parking,Unpaved

Utilities

  • Heating: Electric, Forced Air
  • Laundry Features: Connections All
  • Security Features: Smoke Alarm
  • Solid Waste: No

Lot Info

  • Lot Features: City Lot, Not In Subdivision, Storm Sewer, Suburb
  • Current Use: Residential
  • Lot Size Sq Ft: 21345
  • Parcel Number: 491421121010000500
  • Acres: 1/4-1/2 Acre

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: All Utilities, Electricity, Lawncare

Tax Info

  • Tax Annual Amount: 5638
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 2819
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2024
Closed on
Dec 30, 2024
Sold by
Roehling William and Roehling Karen
Bought by
Tony Schragger Trust and Schragger
Seller's Agent
Jeff Paxson
Jeff Paxson Team
Buyer's Agent
Angela Brackin
Home Finders Real Estate, LLC
List Price
$280,000
Sold Price
$264,000
Premium/Discount to List
-$16,000
-5.71%
Views
51
Current Estimated Value
$262,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,467
Avg. Annual Appreciation
-0.56%

Purchase Details

Closed on
May 14, 2024
Sold by
Roehling William and Roehling Karen S
Bought by
Consolidated City/Indianapolis

Purchase Details

Closed on
Apr 15, 2024
Sold by
Roehling William and Roehling Karen S
Bought by
Consolidated City/Indianapolis
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
Tony Schragger Trust -- Security Title
Tony Schragger Trust -- Security Title
Consolidated City/Indianapolis $19,900 None Listed On Document
Consolidated City/Indianapolis $19,900 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2024 12/30/24 Sold $264,000 -5.7% $268 / Sq Ft
12/15/2024 12/15/24 Pending -- -- --
11/26/2024 11/26/24 For Sale $280,000 -- $284 / 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 $5,794 $233,700 $17,100 $216,600
2023 $5,794 $221,700 $17,100 $204,600
2022 $5,450 $207,100 $17,100 $190,000
2021 $5,208 $194,900 $17,100 $177,800
2020 $4,892 $181,700 $17,100 $164,600
2019 $4,351 $160,100 $17,100 $143,000
2018 $3,618 $133,700 $17,100 $116,600
2017 $3,542 $130,700 $17,100 $113,600
2016 $3,628 $133,900 $17,100 $116,800
2014 $2,791 $115,100 $17,100 $98,000
2013 $2,721 $115,100 $17,100 $98,000
Source: Public Records

Agents Affiliated with this Home

  • Jeff Paxson

    Seller's Agent in 2024

    Jeff Paxson

    Jeff Paxson Team

    (317) 883-2121

    6 in this area

    465 Total Sales

    Jeff Paxson
    Section Image

  • A

    Buyer's Agent in 2024

    Angela Brackin

    Home Finders Real Estate, LLC

    Section Image

  • A

    Buyer's Agent in 2024

    Angie Woods

    Pathway Properties Sales and Leasing, LLC

    (317) 205-1804

    1 in this area

    40 Total Sales

    Angie Woods
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22013063

MIBOR Broker Listing Cooperative®

APN: 49-14-21-121-010.000-500

Indiana Marion County Indianapolis 46217 Glenns Valley

8485 Bluff Rd, Indianapolis, IN

Not Listed for Sale

MultiFamily

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