NOT LISTED FOR SALE

8526 Fairway Trail Indianapolis, IN 46250

Castleton Neighborhood

Estimated Value: $276,000 - $353,000

-- Bed
2 Baths
704 Sq Ft
$439/Sq Ft Est. Value

Last Sold July 14, 2014

Last sale price $150,000 $213 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $2,271/month

38 Days on Market

About This Home

As of July 2014

Excellent opportunity for investor or for owner-occupant! Positive cashflow! Unique opportunity for newer built, low maintenance double. Desirable area that has excellent renters. Award-winning Lawrence schools, access to Castleton Mall, highway access, swimming/golf, and other amenities at Sahm Park around the corner. Updates include newer furnace & A/C units, gorgeous new wood laminates in both units, new kitchen cabinets, and more. Total interior remodel! Best investment in town!

Last Agent to Sell the Property

Candice Darring

F.C. Tucker Company Listed on: 05/06/2014

F.C. Tucker Company

Last Buyer's Agent

Pegg Kennedy

F.C. Tucker Company

F.C. Tucker Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,812

Year Built

  • Built in 1989

Lot Details

  • 0.26 Acre Lot

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 704 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Community Details

  • Fairway Village Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, gas, insurance
  • The owner pays for no utilities
  • Tax Lot 31
  • Assessor Parcel Number 490222113005000400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,812

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1989
  • Building Area Total: 704
  • Lot Size Acres: 0.26
  • Structure Type: Duplex
  • Subdivision Name: Fairway Village
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: candice.darring@talktotucker.com
  • Special Features: None

Interior Features

  • Levels: Two
  • Living Area: 704
  • Owner Pays: No Utilities
  • Upper Level Sq Ft: 704
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 704

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • List Price: 158000

Garage/Parking

  • Unit Parking: 1 Car Space

Utilities

  • Utilities: Cable Available, Gas, Sewer Connected, Water Connected
  • Laundry Features: Connections All
  • Security Features: Fire Alarm, Smoke Alarm, Security System
  • Solid Waste: Yes

Fee Information

  • Expenses: 16080

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 0.26
  • Parcel Number: 490222113005000400
  • Acres: 1/4-1/2 Acre

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Insurance

Multi Family

  • Net Operating Income: 4320
  • Gross Income: 20400
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2812
  • Tax Lot: 31
  • Semi Annual Property Tax Amt: 1406
  • Tax Exemption: Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2025
Sold by
Scarbrough Kenneth P
Bought by
Scarbrough Property Management Llc
Total Days on Market
38
Current Estimated Value
$309,023

Purchase Details

Listed on
May 6, 2014
Closed on
Jul 14, 2014
Sold by
Ash Marilyn
Bought by
Scarbrough Kenneth P
Seller's Agent
Candice Darring
F.C. Tucker Company
Buyer's Agent
Pegg Kennedy
F.C. Tucker Company
List Price
$158,000
Sold Price
$150,000
Premium/Discount to List
-$8,000
-5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%

Purchase Details

Closed on
Feb 23, 2007
Sold by
Armstrong David and Armstrong Brenda
Bought by
Ash Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,700
Interest Rate
6.4%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in Indianapolis, IN

  • 831 N Hawthorne Ln, Indianapolis, IN 46219

    $259,900

    • 2 Beds
    • 2 Baths
    • 831 N Hawthorne Ln
    • Indianapolis, IN

    All-brick duplex in the Irvington Historic District-perfect for investors or owner-occupants! Each side offers 1 bedroom, 1 full bath, a living room, dining area, kitchen, and large unfinished basement. One unit features hardwood floors throughout the main living areas (except kitchen and bath); the other offers hardwoods in the bedroom and luxury vinyl plank in the living and dining rooms. One

    Troy Durbin Coldwell Banker - Kaiser

    Section Image
  • 2930 N Dearborn St, Indianapolis, IN 46218

    $250,000

    • 2 Beds
    • 2 Baths
    • 2930 N Dearborn St
    • Indianapolis, IN

    4-Unit Multifamily in Center Township - Income-Producing with Management in Place Excellent investment opportunity in Center Township! This former duplex converted into 4 efficiency units, offering strong rental potential and hands-off ownership with professional property management already in place. 4 Efficiency Units 2 Units Currently Rented - Steady income stream 2 Units Vacant - One

    Deborah Argenta Keller Williams Indpls Metro N

    Section Image
  • 3547 N Illinois St, Indianapolis, IN 46208

    $325,000

    • 2 Beds
    • 1 Bath
    • 3547 N Illinois St
    • Indianapolis, IN

    Hurry! This is the rare renovated duplex you have been looking for! 2 Bed 1 Bath with full length basement on each side. Bright, clean, and newly refreshed; perfect timing for an owner occupant or investor to place summer tenants. The new owner will enjoy new HVAC system, paint, water heaters, windows and roof. Prospective tenants will love the updated kitchen with new cabinets & countertops.

    Tyler Willis @properties

    Section Image
  • 1644 Dr Andrew J Brown Ave, Indianapolis, IN 46202

    $240,000

    • 2 Beds
    • 2 Baths
    • 1644 Dr Andrew J Brown Ave
    • Indianapolis, IN

    Located literally 6 minutes from Downtown Indy, this renovated duplex offers a unique opportunity within the vibrant heart of the city. The kitchen space provides a functional and stylish area for culinary exploration, featuring shaker cabinets that bring a touch of classic design and practical storage to the heart of the home. Imagine preparing your favorite meals surrounded by simple elegance,

    Stacey Brown Keller Williams Indy Metro NE

    Section Image
  • 3716 E Market St, Indianapolis, IN 46201

    $339,000

    • 1 Bed
    • 1 Bath
    • 3716 E Market St
    • Indianapolis, IN

    YOUR NEXT INVESTMENT OPPORTUNITY! This occupied quadplex will bring in $4,400/month in rental income at closing, offering immediate cash flow. Two units are currently being updated-fresh photos coming soon. Owner-paid utilities average just $400/month, keeping expenses low. With updated units, consistent rental demand, and strong numbers out of the gate, this is a solid turnkey addition to your

    Max Moore @properties

    Section Image
  • 355 S Arlington Ave, Indianapolis, IN 46219

    $239,900

    • 2 Beds
    • 1 Bath
    • 355 S Arlington Ave
    • Indianapolis, IN

    Large Irvington duplex on a big lot. 2 bdrm, 1 bath per side, both around 900sqft. Walking distance to everything Irvington has to offer! Great hardwood flooring through out main living areas and bedroom. Separated 2 car garage and off street parking for tenants. This would make an excellent property for an investor looking to add to their portfolio OR a savvy home buyer looking to occupy the

    Devan Lunceford Totalis Real Estate Solutions

    Section Image
  • 238 N Beville Ave, Indianapolis, IN 46201

    $270,000

    • 2 Beds
    • 1 Bath
    • 238 N Beville Ave
    • Indianapolis, IN

    Attention investors and house hackers! This Tenant-occupied duplex could make a great investment property or future personal residence! Located on Indy's east side, just blocks from Neidhammer Coffee Co and Willard Park. Only 10 minutes to the heart of downtown. List price includes both sides of the duplex as well as a garage structure along the alley.

    Chanda Johnson Maywright Property Co.

    Section Image
See All Homes in Indianapolis

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
Scarbrough Property Management Llc -- None Listed On Document
Scarbrough Kenneth P $150,000 Fidelity National Title
Scarbrough Kenneth P -- Fidelity National Title Comp
Ash Marilyn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ash Marilyn $157,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2014 07/14/14 Sold $150,000 -5.1% $213 / Sq Ft
06/14/2014 06/14/14 Pending -- -- --
05/06/2014 05/06/14 For Sale $158,000 -- $224 / 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 $6,431 $289,400 $33,800 $255,600
2023 $6,431 $289,400 $33,800 $255,600
2022 $5,825 $267,200 $33,800 $233,400
2021 $4,321 $188,700 $26,100 $162,600
2020 $4,361 $188,700 $26,100 $162,600
2019 $4,291 $208,100 $26,100 $182,000
2018 $3,840 $185,700 $26,100 $159,600
2017 $3,438 $165,700 $26,100 $139,600
2016 $3,200 $153,900 $26,100 $127,800
2014 $3,050 $152,500 $26,100 $126,400
2013 $1,554 $136,100 $26,100 $110,000
Source: Public Records

Agents Affiliated with this Home

  • Candice Darring

    Seller's Agent in 2014

    Candice Darring

    F.C. Tucker Company

    (317) 956-0985

    79 Total Sales

    Section Image
  • Pegg Kennedy

    Buyer's Agent in 2014

    Pegg Kennedy

    F.C. Tucker Company

    (317) 223-1692

    235 Total Sales

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21289903

MIBOR Broker Listing Cooperative®

APN: 49-02-22-113-005.000-400

Indiana Marion County Indianapolis 46250 Castleton

8526 Fairway Trail, Indianapolis, IN

This home is located at 8526 Fairway Trail, Indianapolis, IN 46250 since 06 May 2014 and is currently estimated at $309,023, approximately $438 per square foot. This property was built in 1989. 8526 Fairway Trail is a home located in Marion County with nearby schools including Mary Evelyn Castle Elementary School, Fall Creek Valley Middle School, and Lawrence North 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.

Nearby Homes