NOT LISTED FOR SALE

8551 Bishops Ln Indianapolis, IN 46217

Hill Valley Neighborhood

Estimated Value: $245,000 - $286,000

3 Beds
2 Baths
1,410 Sq Ft
$192/Sq Ft Est. Value

Last Sold April 26, 2022

Last sale price $265,000 $188 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,656/month

5 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Breakfast Room
  • Douglas MacArthur Elementary School Rated A-
  • Covered Patio or Porch
  • 2 Car Attached Garage

About This Home

As of April 2022

In popular Hill Valley Estates brick style ranch. Come check out this Great Open Concept Home. Featuring new luxury vinyl plank flooring except the bedrooms. All BR's have hardwood floors. Newly updated kitchen and baths. Kitchen offers new island with all new counter tops. Lots of living space in this gorgeous home. Family room has built-in- bookcases and fireplace. Picture windows offering lots of lighting. Green house window in kitchen. Large walk-in pantry. Side load 2 car garage with extra storage. Huge corner lot with fenced in area. Storage barn with loft storage. All kitchen appliances stay including washer and dryer. GREAT LOCATION. MUST SEE.

Last Agent to Sell the Property

Barbara Griesemer

Home Team Realty Listed on: 03/22/2022

Last Buyer's Agent

Tamela Burton

Keller Williams Indy Metro W

Keller Williams Indy Metro W

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,054

Year Built

  • Built in 1970

Lot Details

  • 0.39 Acre Lot
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,410 Sq Ft Home
  • Built-in Bookshelves
  • Fireplace Features Masonry
  • Vinyl Clad Windows
  • Window Screens
  • Family Room with Fireplace
  • Breakfast Room
  • Crawl Space
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • Hill Valley Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491423133021000500

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,054

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1970
  • Building Area Total: 1410
  • Garage Y N: Yes
  • Lot Size Acres: 0.39
  • Subdivision Name: HILL VALLEY ESTATES
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Disposal, Microwave, Electric Oven
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Masonry, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Pull Down Stairs, Built In Book Shelves, Hardwood Floors, Screens Complete, Windows Vinyl
  • Other Equipment: Smoke Detector
  • Areas Interior: Bedroom Other on Main,Foyer Small,Living Room Formal,Laundry Closet
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1410
  • Main Level Sq Ft: 1410
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Shower Stall Full
  • Kitchen Features: Kitchen Eat In,Pantry,Pantry WalkIn
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini, Driveway Concrete, Fence Full Rear
  • Foundation Details: Crawl Space
  • List Price: 249900
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Side Load Garage,Service Door,Storage Area

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Gas Connected
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491423133021000500
  • Acres: 1/4-1/2 Acre
  • Lot Information: Corner,Sidewalks,Tree Mature
  • Lot Number: 875
  • Lot Size: 138x126

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2054
  • Semi Annual Property Tax Amt: 1027
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Perry Township
  • Schools: Perry Meridian High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
Apr 26, 2022
Sold by
Lee Griesemer Kaden
Bought by
Schafer Steven H and Schafer Janice K
Seller's Agent
Barbara Griesemer
Home Team Realty
Buyer's Agent
Tamela Burton
Keller Williams Indy Metro W
List Price
$249,900
Sold Price
$265,000
Premium/Discount to List
$15,100
6.04%
Current Estimated Value
$271,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,368
Avg. Annual Appreciation
1.58%
Original Mortgage
$240,000
Interest Rate
4.42%
Mortgage Type
VA

Purchase Details

Listed on
Oct 29, 2012
Closed on
Mar 21, 2013
Sold by
Cavallaro Erminio P
Bought by
Griesemer Kaden L
Seller's Agent
Stephen Reel
F.C. Tucker Company
Buyer's Agent
Barbara Griesemer
Home Team Realty
List Price
$123,000
Sold Price
$123,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%
Original Mortgage
$120,772
Interest Rate
3.48%
Mortgage Type
FHA
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
Schafer Steven H $265,000 Chicago Title
Griesemer Kaden L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schafer Steven H $315,999
Closed Schafer Steven H $300,000
Closed Schafer Steven H $240,000
Previous Owner Griesemer Kaden L $120,772
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2022 04/26/22 Sold $265,000 +6.0% $188 / Sq Ft
03/27/2022 03/27/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $249,900 +103.2% $177 / Sq Ft
03/22/2013 03/22/13 Sold $123,000 0.0% $87 / Sq Ft
01/22/2013 01/22/13 Pending -- -- --
10/29/2012 10/29/12 For Sale $123,000 -- $87 / 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 $2,120 $225,000 $36,600 $188,400
2023 $2,120 $211,900 $36,600 $175,300
2022 $2,591 $194,400 $36,600 $157,800
2021 $2,213 $164,700 $36,600 $128,100
2020 $2,153 $159,700 $36,600 $123,100
2019 $1,846 $137,200 $31,600 $105,600
2018 $1,816 $136,400 $31,600 $104,800
2017 $1,809 $135,900 $31,600 $104,300
2016 $1,713 $129,000 $31,600 $97,400
2014 $1,486 $126,600 $31,600 $95,000
2013 $1,397 $124,800 $31,600 $93,200
Source: Public Records

Agents Affiliated with this Home

  • T

    Buyer's Agent in 2022

    Tamela Burton

    Keller Williams Indy Metro W

    Section Image

  • S

    Seller's Agent in 2013

    Stephen Reel

    F.C. Tucker Company

    Section Image

  • J

    Seller Co-Listing Agent in 2013

    Josh Reel

    F.C. Tucker Company

    (317) 413-8006

    1 in this area

    33 Total Sales

    Josh Reel
    Section Image

  • B

    Buyer's Agent in 2013

    Barbara Griesemer

    Home Team Realty

    (317) 888-0888

    2 Total Sales

    Barbara Griesemer
    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21844399

MIBOR Broker Listing Cooperative®

APN: 49-14-23-133-021.000-500

Indiana Marion County Indianapolis 46217 Hill Valley

8551 Bishops Ln, Indianapolis, IN

This home is located at 8551 Bishops Ln, Indianapolis, IN 46217 since 22 March 2022 and is currently estimated at $271,368, approximately $192 per square foot. This property was built in 1970. 8551 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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