NOT LISTED FOR SALE

8505 Morgantown Rd Indianapolis, IN 46217

Glenns Valley Neighborhood

Estimated Value: $139,000 - $414,000

5 Beds
2.5 Baths
3,918 Sq Ft
$85/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $255,000 $65 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,155/month

40 Days on Market

Highlights

  • 1.5 Acre Lot
  • Mature Trees
  • Ranch Style House
  • Perry Meridian Middle School Rated A-
  • Great Room with Fireplace
  • Wood Flooring

About This Home

As of September 2020

Need more space? This mid-century brick ranch home features 2 large family rooms plus a large living room! As you walk up the drive, notice the spacious 3 car garage offering tons of storage! Enjoy evenings on the elongated covered front porch after a long day at work. Head inside to a generously sized dining room with a wood-burning fireplace and vintage kitchen. The main level features 3 bedrooms and 2 full baths! Head downstairs to an updated finished basement with a wood-burning fireplace and 2 additional bedrooms! Take a trip outside to the fenced in area, perfect for kids or pets! The home sits on 1.5 acres and provides tons of shade! With close access to the interstate and a plethora of amenities, this home is sure to be a winner!

Last Agent to Sell the Property

Scott Smith

Keller Williams Indy Metro S License #RB14021668 Listed on: 06/25/2020

Keller Williams Indy Metro S

Co-Listed By

Becky Gluff

Keller Williams Indy Metro S License #RB14039511

Last Buyer's Agent

Scott Smith

Keller Williams Indy Metro S License #RB14021668 Listed on: 06/25/2020

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,904

Year Built

  • Built in 1959

Lot Details

  • 1.5 Acre Lot
  • Partially Fenced Property
  • Mature Trees

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 3,918 Sq Ft Home
  • Great Room with Fireplace
  • 2 Fireplaces
  • Family or Dining Combination
  • Wood Flooring
  • Permanent Attic Stairs
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Finished Basement

  • Sump Pump
  • Fireplace in Basement
  • Basement Window Egress

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 491422136011000500

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,904

Year Built

Built in 1959

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1959
  • Co List Office Phone: 317-882-5900
  • Garage Y N: Yes
  • Lot Size Acres: 1.5
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Need more space? This mid-century brick ranch home features 2 large family rooms plus a large living room! As you walk up the drive, notice the spacious 3 car garage offering tons of storage! Enjoy evenings on the elongated covered front porch after a long day at work. Head inside to a generously sized dining room with a wood-burning fireplace and vintage kitchen. The main level features 3 bedrooms and 2 full baths! Head downstairs to an updated finished basement with a wood-burning fireplace and 2 additional bedrooms! Take a trip outside to the fenced in area, perfect for kids or pets! The home sits on 1.5 acres and provides tons of shade! With close access to the interstate and a plethora of amenities, this home is sure to be a winner!
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Egress Window(s)
  • Appliances: Dishwasher, Electric Oven
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Basement, Great Room, Woodburning Fireplce
  • Fireplaces: 2
  • Interior Amenities: Attic Stairway, Walk-in Closet(s), Hardwood Floors
  • Living Area: 3918
  • Other Equipment: Smoke Detector, Sump Pump
  • Room Count: 11
  • Areas Interior: Laundry Room Main Level,Utility Room
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 2358
  • Main Level Sq Ft: 2358
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Total Sq Ft: 3918
  • Kitchen Features: Kitchen Eat In
  • Below Grade Sq Ft: 1560
  • Pct Optional Level Finished: 50-75%

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fence Partial
  • Foundation Details: Block
  • List Price: 262500
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Garage Spaces: 3
  • Fuel: Gas
  • Garage Parking Description: Detached
  • Garage Sq Ft: 960

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491422136011000500
  • Acres: 1-3 Acres
  • Lot Information: Tree Mature
  • Lot Number: 0
  • Lot Size: 65340

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 5904
  • Semi Annual Property Tax Amt: 2952
  • Tax Exemption: None
  • Multiple Tax I D: 491422136014000500

MLS Schools

  • School District: Perry Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Sep 4, 2020
Sold by
Lenkey James
Bought by
Miller Donald A
Seller's Agent
Scott Smith
Keller Williams Indy Metro S
Buyer's Agent
Scott Smith
Keller Williams Indy Metro S
List Price
$262,500
Sold Price
$255,000
Premium/Discount to List
-$7,500
-2.86%
Current Estimated Value
$327,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,431
Avg. Annual Appreciation
5.14%
Original Mortgage
$242,250
Outstanding Balance
$217,407
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$109,278

Purchase Details

Closed on
Aug 31, 2015
Sold by
Haynes Elizabeth Anne
Bought by
Lenkey James
Source: Public Records

Range of Values:

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Average Value
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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
Miller Donald A $255,000 Title Alliance Of Indy Metro
Lenkey James -- None Available
Haynes Elizabeth Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Donald A $242,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $255,000 -2.9% $65 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
07/21/2020 07/21/20 Price Changed $262,500 0.0% $67 / Sq Ft
07/21/2020 07/21/20 For Sale $262,500 +2.9% $67 / Sq Ft
07/14/2020 07/14/20 Off Market $255,000 -- --
07/14/2020 07/14/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $275,000 -- $70 / 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 $4,345 $358,600 $24,400 $334,200
2023 $4,345 $324,500 $24,400 $300,100
2022 $4,143 $303,100 $24,400 $278,700
2021 $3,583 $258,600 $24,400 $234,200
2020 $3,362 $240,300 $24,400 $215,900
2019 $5,539 $204,100 $24,400 $179,700
2018 $4,886 $181,300 $24,400 $156,900
2017 $4,755 $176,200 $24,400 $151,800
2016 $4,665 $172,700 $24,400 $148,300
2014 $1,984 $166,200 $24,400 $141,800
2013 $1,987 $166,200 $24,400 $141,800
Source: Public Records

Agents Affiliated with this Home

  • Scott Smith

    Seller's Agent in 2020

    Scott Smith

    Keller Williams Indy Metro S

    (317) 884-5000

    8 in this area

    720 Total Sales

    Section Image
  • Becky Gluff

    Seller Co-Listing Agent in 2020

    Becky Gluff

    Keller Williams Indy Metro S

    (317) 500-0855

    4 in this area

    191 Total Sales

    Section Image

  • L

    Buyer Co-Listing Agent in 2020

    Lois Albany

    Keller Williams Indy Metro S

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21716768

MIBOR Broker Listing Cooperative®

APN: 49-14-22-136-011.000-500

Indiana Marion County Indianapolis 46217 Glenns Valley

8505 Morgantown Rd, Indianapolis, IN

This home is located at 8505 Morgantown Rd, Indianapolis, IN 46217 since 25 June 2020 and is currently estimated at $331,141, approximately $84 per square foot. This property was built in 1959. 8505 Morgantown Rd is a home located in Marion County with nearby schools including Glenns Valley Elementary School, Perry Meridian 6th Grade Academy, and Perry Meridian Middle 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.

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