NOT LISTED FOR SALE

8538 Montery Rd Indianapolis, IN 46226

Far Eastside Neighborhood

Estimated Value: $160,019 - $173,000

3 Beds
2 Baths
1,218 Sq Ft
$136/Sq Ft Est. Value

About This Home

As of April 2021

SUPER SHARP TOTALLY REDECORATED ALL BRICK RANDH. FRESH PAINT, NEW CARPET, 3 BDRMS, 1.5 BATHS; FAMILY RM, LG EAT-IN-KITCH, WOODED LOT, QUIET ST NEAR SCHOOL AND SHOPPING. ALSO FOR SALE WITH 100%SELLER PAID FINANCING. WILL CONSIDER SECTION 8.

Last Agent to Rent the Property

Judy Hamilton

Listed on: 04/09/2002

Last Renter's Agent

Timothy Davis

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,408

Year Built

  • 1963

Lot Details

  • 7,623

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Separate Formal Living Room
  • Patio

Listing and Financial Details

  • Security Deposit $750

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,408

Year Built

1963

Lot Details

0

Rental Info

  • Lease Price: 750.00
  • Min Lease Req: 12
  • Security Deposit: 750
  • Smoking: 0
  • Lease Termin Months: 12
  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Transaction Type: Lease
  • Architectural Style: Ranch
  • Directions: 42NS ST BETWEEN FRANKLIN AND POST. TURN SOUTH ON ARBORCREST, EAST (LEFT) ON 42ND PL; SOUTH (RIGHT) ON ASPRN AND EAST (LEFT) ON MONTERY TO HOME.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: BEACON HEIGHTS
  • Special Features: None
  • Year Built: 1963

Interior Features

  • Appliances: Gas Oven
  • Areas Interior: Living Room Formal
  • Eating Area: Eat In Kitchen,Kitchen Updated
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1218
  • Main Level Sq Ft: 1218
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Main Level
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Bathroom Areas: 2.0000
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Screens Complete, Storms Complete
  • Other Equipment: Smoke Detector
  • Owner Pays: NotApplic

Exterior Features

  • Exterior Features: Driveway Concrete, Storage
  • Foundation Details: Slab
  • Porch: Open Patio
  • Construction Type: Brick
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Attached
  • Num Parking Spaces: 0

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Water Heater: Gas

Condo/Co-op/Association

  • Pets Allowed: No

Lot Info

  • Acres: <1/2 Acre
  • Lot Information: Tree Mature,Trees Small
  • Lot Number: 44
  • Lot Size: 74 X 103

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2024
Sold by
Sells Bargains
Bought by
Vb Nine Llc
Current Estimated Value
$166,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,636,696
Outstanding Balance
$139,207,794
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
-$139,041,789

Purchase Details

Closed on
Jan 19, 2022
Sold by
Felling Shane L
Bought by
Vb One Llc

Purchase Details

Closed on
Jan 12, 2022
Sold by
Felling Shane L
Bought by
Vb One Llc

Purchase Details

Closed on
Dec 7, 2021
Sold by
Felling Shane L
Bought by
Vb One Llc

Purchase Details

Closed on
Jun 18, 2008
Sold by
Wells Fargo Bank Na
Bought by
Felling Shane

Purchase Details

Closed on
Mar 5, 2008
Sold by
Quarles Geiselle and Case #49D07-0703-Mf-13175
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 21, 2005
Sold by
R & R Rentals Llc
Bought by
Quarles Geiselle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,930
Interest Rate
9.35%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Vb Nine Llc -- None Listed On Document
Vb One Llc $4,956,879 Total Title
Vb One Llc $4,956,879 Total Title
Vb One Llc $99,137 Total Title
Felling Shane -- None Available
Wells Fargo Bank Na $51,070 None Available
Quarles Geiselle -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vb Nine Llc $171,636,696
Previous Owner Quarles Geiselle $69,930
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2021 04/13/21 Rented -- -- --
03/14/2021 03/14/21 Under Contract -- -- --
04/09/2002 04/09/02 For Rent $750 -- --
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 $2,408 $94,600 $10,200 $84,400
2023 $2,408 $97,800 $10,200 $87,600
2022 $2,225 $90,600 $10,200 $80,400
2021 $1,527 $62,500 $10,200 $52,300
2020 $1,327 $57,300 $5,000 $52,300
2019 $699 $29,600 $5,000 $24,600
2018 $785 $29,600 $5,000 $24,600
2017 $615 $25,300 $5,000 $20,300
2016 $558 $23,300 $5,000 $18,300
2014 $626 $28,900 $5,000 $23,900
2013 $980 $67,800 $5,000 $62,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2021

    Judy Hamilton

  • T

    Tenant's Agent in 2021

    Timothy Davis

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 2216304

MIBOR Broker Listing Cooperative®

APN: 49-08-18-105-046.000-401

Indiana Marion County Indianapolis 46226 Far Eastside

8538 Montery Rd, 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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