NOT LISTED FOR SALE

Estimated Value: $1,071,000 - $1,275,496

1.81 Acres
$646,685 Price per Acre
78,844 Sq Ft Lot

Last Sold September 22, 2022

Last sale price $300,000 $39 Per Sq Ft

Est. 290% increase in value since last sale

Current estimated payment $6,695/month

10 Days on Market

About This Lot

As of September 2022

Beautiful wooded lot in desirable Frontgate. Gated community close to Indianapolis, Fishers and Geist with the feeling of being in the country.

Last Agent to Sell the Property

Bret Reinhardt

United Real Estate Indpls Listed on: 08/05/2022

United Real Estate Indpls

Last Buyer's Agent

Terry Brown

CENTURY 21 Scheetz

CENTURY 21 Scheetz

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $200

Lot Details

  • 1.81

HOA Fees

  • $75 Monthly HOA Fees

Additional Features

  • 1.81 Acre Lot
  • Sewer Tap Fee

Community Details

  • Association fees include maintenance, snow removal
  • Frontgate Subdivision
  • Property managed by Frontgate Development

Listing and Financial Details

  • Assessor Parcel Number 490225107005000400

Property Details

Property Type

Land

Est. Annual Taxes

$200

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2021
  • Lot Size Acres: 1.81
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt
  • Subdivision Name: FRONTGATE
  • Transaction Type: Sale
  • MBR_AttributionContact: bret@grangeRE.com
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0

Exterior Features

  • Disclosures: Not Applicable
  • Other Structures: No Building
  • Topography: Hilly,Sloping,Wooded
  • Road Access: PrivateRd
  • Water: Fees Other,Fees Tap,Municipal Water on Site

Utilities

  • Sewer: Other, Fees Tap, Municipal Sewer On Site
  • Solid Waste: 0

Condo/Co-op/Association

  • Association Fee: 900
  • Association Fee Frequency: Annually
  • Management Company Name: Frontgate Development
  • Management Company Phone: 317-603-6000

Fee Information

  • Association Fee Includes: Maintenance, Snow Removal

Lot Info

  • Development Status: Plat Recorded
  • Number Of Lots: 1
  • Parcel Number: 490225107005000400
  • Zoning: Residential
  • Acres: 1-3 Acres
  • Lot Number: 7
  • Lot Size: 1.81
  • Improvements: StormSewer,Paved Streets
  • Land Characteristics: Cul-de-Sac,Irregular Lot,Platted Subdivision,Wooded
  • Potential Zoning: Single Family
  • Present Zoning: Single Family
  • Soil Type: Other

Tax Info

  • Tax Annual Amount: 200
  • Semi Annual Property Tax Amt: 100
  • Tax Exemption: None

MLS Schools

  • School District: Lawrence Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Oct 11, 2022
Sold by
Chisolm Doug
Bought by
Shah Shenil and Turk Anita
Seller's Agent
Bret Reinhardt
United Real Estate Indpls
Buyer's Agent
Terry Brown
CENTURY 21 Scheetz
List Price
$307,900
Sold Price
$300,000
Premium/Discount to List
-$7,900
-2.57%
Views
4
Current Estimated Value
$1,170,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$870,499
Avg. Annual Appreciation
55.14%
Original Mortgage
$240,000
Outstanding Balance
$203,086
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$967,413
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
Shah Shenil -- --
Chisolm Doug -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chisolm Doug $240,000
Closed Shah Shenil $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2022 09/22/22 Sold $300,000 -2.6% $39 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $307,900 -- $40 / 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 $5,557 $739,400 $255,600 $483,800
2023 $5,557 $255,600 $255,600 $0
2022 $59 $3,400 $3,400 $0
2021 $51 $2,300 $2,300 $0
2020 $52 $2,300 $2,300 $0
2019 $56 $2,800 $2,800 $0
2018 $58 $2,900 $2,900 $0
2017 $68 $3,400 $3,400 $0
2016 $70 $3,500 $3,500 $0
2014 $74 $3,700 $3,700 $0
2013 $64 $3,200 $3,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21875860

MIBOR Broker Listing Cooperative®

APN: 49-02-25-107-005.000-400