NOT LISTED FOR SALE

8506 Maze Rd Indianapolis, IN 46259

South Franklin Neighborhood

Estimated Value: $180,000 - $235,135

3 Beds
1 Bath
854 Sq Ft
$243/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $185,000 $217 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,269/month

43 Days on Market

Highlights

  • 0.91 Acre Lot
  • Mature Trees
  • 1 Fireplace
  • Franklin Central High School Rated A-
  • Traditional Architecture
  • No HOA

About This Home

As of August 2024

Franklin Twp on just under an acre for under $200k? Look no further!! This adorable farmhouse - complete with a he-shed and a she-shed- has been meticulously maintained. Garage converted to additional living space with a wood burning fire place, outside kitchen area on deck, and so much land to do whatever project you'd like!! Franklin Twp schools, close to Greenwood shopping, and just 5 minutes from the interstate! Don't wait - book a showing today! As-is sale.

Last Agent to Sell the Property

Lauren Hicks

@Home Indiana Brokerage Email: laurenhicks@gmail.com License #RB14050048 Listed on: 05/10/2024

Last Buyer's Agent

Tamara Scroggins

Your Realty Link, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,590

Year Built

  • Built in 1900

Lot Details

  • 0.91 Acre Lot
  • Mature Trees
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 854 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • 1 Fireplace
  • Vinyl Clad Windows
  • Family or Dining Combination
  • Basement
  • Crawl Space

Kitchen

  • Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 491619123005000300
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,590

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1900
  • Building Area Total: 1218
  • Garage Y N: Yes
  • Lot Size Acres: 0.91
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: laurenhicks@gmail.com
  • Attribution Contact: laurenhicks@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Appliances: Electric Cooktop, Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Windows Vinyl
  • Living Area: 854
  • Main Level Bedrooms: 1
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 854
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Foundation Details: Block, Crawl Space
  • List Price: 189900
  • Patio And Porch Features: Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Garage Sq Ft: 576

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Mature Trees, Wooded
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 39640
  • Parcel Number: 491619123005000300
  • Acres: 1/2-1 Acre
  • Price Acre: 203297

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2590
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 1295
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Aug 15, 2024
Sold by
Laura Guy Ira and Equity Trust Company
Bought by
Martin Michael
Seller's Agent
Lauren Hicks
@Home Indiana
Buyer's Agent
Tamara Scroggins
Your Realty Link, LLC
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%
Views
162
Current Estimated Value
$207,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,534
Avg. Annual Appreciation
10.81%
Original Mortgage
$175,750
Outstanding Balance
$173,727
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$33,807

Purchase Details

Closed on
May 15, 2024
Sold by
Haynes Daniel L
Bought by
Equity Trust and Laura Guy Ira
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
Martin Michael -- None Listed On Document
Equity Trust $156,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Michael $175,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2024 08/23/24 Sold $185,000 -2.6% $217 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $189,900 0.0% $222 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
05/23/2024 05/23/24 Price Changed $189,900 -5.0% $222 / Sq Ft
05/13/2024 05/13/24 For Sale $199,900 -- $234 / 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 $1,973 $180,500 $29,200 $151,300
2023 $1,973 $174,800 $29,200 $145,600
2022 $1,928 $169,200 $29,200 $140,000
2021 $1,714 $149,300 $29,200 $120,100
2020 $1,595 $137,700 $29,200 $108,500
2019 $1,434 $122,500 $24,300 $98,200
2018 $1,387 $118,200 $24,300 $93,900
2017 $1,326 $113,300 $24,300 $89,000
2016 $1,244 $105,500 $24,300 $81,200
2014 $1,072 $99,800 $24,300 $75,500
2013 $1,072 $99,800 $24,300 $75,500
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Lauren Hicks

    @Home Indiana

    (317) 777-0210

    1 in this area

    132 Total Sales

    Lauren Hicks
    Section Image
  • Tamara Scroggins

    Buyer's Agent in 2024

    Tamara Scroggins

    Your Realty Link, LLC

    (317) 445-1723

    2 in this area

    32 Total Sales

    Tamara Scroggins
    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21977083

MIBOR Broker Listing Cooperative®

APN: 49-16-19-123-005.000-300

Indiana Marion County Indianapolis 46259 South Franklin

8506 Maze Rd, Indianapolis, IN

This home is located at 8506 Maze Rd, Indianapolis, IN 46259 since 10 May 2024 and is currently estimated at $207,534, approximately $243 per square foot. This property was built in 1900. 8506 Maze Rd is a home located in Marion County with nearby schools including Franklin Central High 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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