NOT LISTED FOR SALE

8541 Bishops Ln Indianapolis, IN 46217

Hill Valley Neighborhood

Estimated Value: $266,000 - $312,000

4 Beds
2.5 Baths
2,003 Sq Ft
$146/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $289,000 $144 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,874/month

Highlights

  • Updated Kitchen
  • Mature Trees
  • No HOA
  • Douglas MacArthur Elementary School Rated A-
  • Separate Formal Living Room
  • 2 Car Attached Garage

About This Home

As of June 2023

Listed and sold

Last Agent to Sell the Property

Suzanne Roell-Carlson

Smart Choice Realtors, LLC License #RB14043640 Listed on: 04/23/2023

Co-Listed By

Kathleen Roell

Smart Choice Realtors, LLC License #RB14046069

Last Buyer's Agent

Michelle Aguirre

@properties License #RB19001552

@properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,684

Year Built

  • Built in 1971

Lot Details

  • 0.3 Acre Lot
  • Mature Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 3-Story Property
  • Built-in Bookshelves
  • Woodwork
  • Window Screens
  • Family Room with Fireplace
  • Separate Formal Living Room
  • Carpet

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Screened Patio
  • Outdoor Gas Grill

Utilities

  • Heating System Uses Gas
  • Heating System Uses Wood

Community Details

  • No Home Owners Association
  • Hill Valley Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 874 / 23
  • Assessor Parcel Number 491423133001000500

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,684

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Tri-Level
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1971
  • Building Area Total: 2003
  • Co List Office Phone: 317-884-5478
  • Garage Y N: Yes
  • Lot Size Acres: 0.3
  • Subdivision Name: Hill Valley Estates
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: suzsold@aol.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, Gas Oven, Refrigerator, Washer, Water Softener Owned
  • Levels: Tri-Level
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Interior Amenities: Breakfast Bar, Built In Book Shelves, Eat-in Kitchen, Screens Some, WoodWorkStain/Painted
  • Living Area: 2003
  • Main Level Bedrooms: 1
  • Areas Interior: Living Room Formal
  • Eating Area: Dining Combo/Kitchen,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 1259
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Some Updates
  • Upper Level Sq Ft: 744
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick, Wood
  • Exterior Features: Gas Grill
  • Foundation Details: Block
  • List Price: 289900
  • Patio And Porch Features: Screened
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Fuel: Wood
  • Garage Sq Ft: 525

Utilities

  • Utilities: Cable Connected, Electricity Connected, Gas
  • Cooling: Central Electric
  • Electric: 100 Amp Service
  • Heating: Gas
  • Laundry Features: Laundry Room
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Curbs, Sidewalks, Storm Sewer, Street Lights, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 13242
  • Parcel Number: 491423133001000500
  • Acres: 1/4-1/2 Acre
  • Price Acre: 963333.333333333

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2684
  • Tax Block: 23
  • Tax Lot: 874
  • Semi Annual Property Tax Amt: 1342
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2023
Closed on
Jun 14, 2023
Sold by
Merkel Martin William and Merkel Constance Kathle
Bought by
Roberts Patrick Liam and Dahle Meagan Blair
Seller's Agent
Suzanne Roell-Carlson
Smart Choice Realtors, LLC
Buyer's Agent
Michelle Aguirre
@properties
List Price
$289,900
Sold Price
$289,000
Premium/Discount to List
-$900
-0.31%
Views
2
Current Estimated Value
$301,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,164
Avg. Annual Appreciation
0.84%
Original Mortgage
$231,200
Outstanding Balance
$226,194
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$68,119
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
Roberts Patrick Liam $289,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Patrick Liam $231,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $289,000 -0.3% $144 / Sq Ft
04/23/2023 04/23/23 Pending -- -- --
04/23/2023 04/23/23 For Sale $289,900 -- $145 / 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 $3,316 $270,800 $29,400 $241,400
2023 $3,316 $253,900 $29,400 $224,500
2022 $3,078 $231,500 $29,400 $202,100
2021 $2,786 $207,400 $29,400 $178,000
2020 $2,517 $187,200 $29,400 $157,800
2019 $2,156 $160,700 $25,300 $135,400
2018 $2,119 $159,600 $25,300 $134,300
2017 $2,115 $159,300 $25,300 $134,000
2016 $2,126 $160,000 $25,300 $134,700
2014 $1,735 $147,500 $25,300 $122,200
2013 $1,684 $145,200 $25,300 $119,900
Source: Public Records

Agents Affiliated with this Home

  • Suzanne Roell-Carlson

    Seller's Agent in 2023

    Suzanne Roell-Carlson

    Smart Choice Realtors, LLC

    (317) 506-2530

    4 in this area

    193 Total Sales

    Section Image

  • K

    Seller Co-Listing Agent in 2023

    Kathleen Roell

    Smart Choice Realtors, LLC

    (317) 506-4430

    4 in this area

    111 Total Sales

    Section Image

  • M

    Buyer's Agent in 2023

    Michelle Aguirre

    @properties

    (219) 508-3914

    1 in this area

    80 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21917542

MIBOR Broker Listing Cooperative®

APN: 49-14-23-133-001.000-500

Indiana Marion County Indianapolis 46217 Hill Valley

8541 Bishops Ln, Indianapolis, IN

This home is located at 8541 Bishops Ln, Indianapolis, IN 46217 since 23 April 2023 and is currently estimated at $293,286, approximately $146 per square foot. This property was built in 1971. 8541 Bishops Ln is a home located in Marion County with nearby schools including Douglas MacArthur Elementary School, Perry Meridian 6th Grade Academy, and Perry Meridian Middle 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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