NOT LISTED FOR SALE

8526 Fairway Trail Indianapolis, IN 46250

Castleton Neighborhood

Estimated Value: $298,712 - $347,000

-- Bed
2 Baths
704 Sq Ft
$458/Sq Ft Est. Value

Last Sold July 14, 2014

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

Est. 115% increase in value since last sale

Current estimated payment $2,321/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
Current Estimated Value
$322,178

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
6.77%

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

Range of Values:

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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
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

  • C

    Seller's Agent in 2014

    Candice Darring

    F.C. Tucker Company

    Section Image

  • P

    Buyer's Agent in 2014

    Pegg Kennedy

    F.C. Tucker Company

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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 $322,178, approximately $457 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.

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