NOT LISTED FOR SALE

8506 N Park Ave Indianapolis, IN 46240

Estimated Value: $411,000 - $453,664

4 Beds
2.5 Baths
2,066 Sq Ft
$211/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $400,000 $194 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,700/month

102 Days on Market

Highlights

  • Home fronts a creek
  • Mature Trees
  • Vaulted Ceiling
  • North Central High School Rated A-
  • Deck
  • Ranch Style House

About This Home

As of January 2023

Come see the new updates of this wonderful 4 BR ranch in a great Washington Township location close to everything Nora offers - Public library, Monon trail, shops, restaurants.Great curb appeal & expansive living room with original hardwood floors throughout. All 4 bedrooms are oversized with great windows & tons of natural light. Kitchen has been completely updated in 2022 with new appliances, countertops & refaced cabinets & skylights. Lounge around in the huge family room with vaulted ceilings perfect for family gatherings or a roaring fire. For additional living space venture downstairs to the finished basement. Sit outside on the back deck overlooking a beautiful, private wooded lot with fully fenced yard and creek in the back.

Last Agent to Sell the Property

Paul Staff

eXp Realty LLC License #RB20001023 Listed on: 09/09/2022

eXp Realty LLC

Last Buyer's Agent

Ryan Foxworthy

Compass Indiana, LLC

Compass Indiana, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,100

Year Built

  • Built in 1962

Lot Details

  • 0.44 Acre Lot
  • Home fronts a creek
  • Mature Trees
  • Additional Parcels

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Built-in Bookshelves
  • Vaulted Ceiling
  • Paddle Fans
  • Skylights
  • 1 Fireplace
  • Window Screens
  • Separate Formal Living Room
  • Formal Dining Room

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Attic

  • Attic Fan
  • Attic Access Panel

Finished Basement

  • Sump Pump
  • Laundry in Basement
  • Crawl Space
  • Basement Lookout

Home Security

  • Radon Detector
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed
  • Storage Shed

Utilities

  • Forced Air Heating System
  • Dual Heating Fuel
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Park Ave Heights Subdivision

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 490323126002000800

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,100

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1962
  • Building Area Total: 2904
  • Garage Y N: Yes
  • Lot Size Acres: 0.44
  • Subdivision Name: Park Ave Heights
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Open House Count: 1
  • Open House Public Count: 0
  • Accessibility Features YN: No
  • MBR_AttributionContact: Paul.Staff@compass.com
  • Active Open House Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Daylight/Lookout Windows, Crawl Space, Sump Pump
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Gas Oven, Refrigerator, Trash Compactor, Washer, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 754
  • Fireplace Features: Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Built In Book Shelves, Vaulted Ceiling(s), Hardwood Floors, Screens Complete, Skylight(s), Paddle Fan
  • Living Area: 2066
  • Other Equipment: Radon System, Smoke Alarm
  • Areas Interior: Living Room Formal
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 2066
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Galley,Kitchen Updated
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 2904

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Storage Shed
  • Fencing: Fence Full Rear
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck Main Level, Covered Porch
  • Waterfront Features: Creek

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Attached

Utilities

  • Cooling: Central Electric, Attic Fan
  • Heating: Dual, Forced Air, Electric, Gas
  • Laundry Features: In Basement
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Mature Trees
  • Property Attached Yn: No
  • Additional Parcels Description: 8061974
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 80
  • Parcel Number: 490323126002000800
  • Acres: 1/4-1/2 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 4100
  • Tax Lot: 54
  • Semi Annual Property Tax Amt: 2050
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Feb 2, 2023
Sold by
Deborah L Kelb Trust
Bought by
Canacci Alexander Grant
Seller's Agent
Paul Staff
eXp Realty LLC
Buyer's Agent
Ryan Foxworthy
Compass Indiana, LLC
List Price
$415,000
Sold Price
$400,000
Premium/Discount to List
-$15,000
-3.61%
Views
74
Current Estimated Value
$436,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,916
Avg. Annual Appreciation
3.29%
Original Mortgage
$414,400
Outstanding Balance
$400,824
Interest Rate
6.09%
Mortgage Type
VA
Estimated Equity
$36,092

Purchase Details

Listed on
Sep 9, 2022
Closed on
Jan 31, 2023
Sold by
Deborah L Kelb Trust
Bought by
Canacci Alexander Grant
Seller's Agent
Paul Staff
eXp Realty LLC
Buyer's Agent
Ryan Foxworthy
Compass Indiana, LLC
List Price
$415,000
Sold Price
$400,000
Premium/Discount to List
-$15,000
-3.61%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,400
Outstanding Balance
$400,824
Interest Rate
6.09%
Mortgage Type
VA
Estimated Equity
$36,092

Purchase Details

Closed on
Nov 30, 2009
Sold by
Hand John C and Hand Bonnie L
Bought by
Kelb Deborah L
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
Canacci Alexander Grant -- Attorneys Title Services Llc
Canacci Alexander Grant -- Attorneys Title Services Llc
Kelb Deborah L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Canacci Alexander Grant $414,400
Closed Canacci Alexander Grant $414,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2023 01/31/23 Sold $400,000 -3.6% $194 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
11/02/2022 11/02/22 For Sale $415,000 +3.8% $201 / Sq Ft
10/29/2022 10/29/22 Off Market $400,000 -- --
10/19/2022 10/19/22 Price Changed $415,000 -2.4% $201 / Sq Ft
10/04/2022 10/04/22 Price Changed $425,000 -2.3% $206 / Sq Ft
09/23/2022 09/23/22 Price Changed $435,000 -3.3% $211 / Sq Ft
09/09/2022 09/09/22 For Sale $450,000 -- $218 / 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 $4,955 $369,800 $51,500 $318,300
2023 $4,955 $367,100 $51,500 $315,600
2022 $4,828 $511,000 $51,500 $459,500
2021 $4,237 $303,400 $37,900 $265,500
2020 $4,098 $310,700 $37,900 $272,800
2019 $3,758 $303,700 $37,900 $265,800
2018 $3,581 $296,500 $37,900 $258,600
2017 $3,460 $290,100 $37,900 $252,200
2016 $3,196 $287,300 $37,900 $249,400
2014 $2,843 $273,100 $37,900 $235,200
2013 $2,562 $273,100 $37,900 $235,200
Source: Public Records

Agents Affiliated with this Home

  • Paul Staff

    Seller's Agent in 2023

    Paul Staff

    eXp Realty LLC

    (317) 308-8250

    1 in this area

    64 Total Sales

    Paul Staff
    Section Image

  • R

    Buyer's Agent in 2023

    Ryan Foxworthy

    Compass Indiana, LLC

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21879384

MIBOR Broker Listing Cooperative®

APN: 49-03-23-126-002.000-800

Indiana Marion County Indianapolis 46240

8506 N Park Ave, Indianapolis, IN

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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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