NOT LISTED FOR SALE

8593 Fairway Trail Indianapolis, IN 46250

Castleton Neighborhood

Estimated Value: $290,079 - $342,000

-- Bed
2 Baths
1,360 Sq Ft
$234/Sq Ft Est. Value

Last Sold February 26, 2016

Last sale price $141,000 $104 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,273/month

12 Days on Market

About This Home

As of February 2016

Attn Investors: Close to Castleton w/EZ access to Interstates! 3 Bedrm/2 Bath per side Townhouse w/each having 1 Car Attached Garage! Property needs cosmetics/repairs and is priced accordingly. Other rentals in area are bringing approx 950.

Last Agent to Sell the Property

Gina Rininger

Crossroads Real Estate Group LLC License #RB14019068 Listed on: 01/28/2016

Last Buyer's Agent

Ben Li

Mid America Realty License #RB14026437

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,390

Year Built

  • Built in 1989

Lot Details

  • 10,019

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding

Additional Features

  • 2-Story Property
  • 10,019 Sq Ft Lot

Community Details

  • Fairway Village Subdivision

Listing and Financial Details

  • Tenant pays for cable tv insurance all utilities
  • The owner pays for inshazard taxes no utilities
  • Assessor Parcel Number 490222113028000400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,390

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TradAmer
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1989
  • Lot Size Acres: 0.23
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: FAIRWAY VILLAGE
  • Inspection Warranties: Not Applicable
  • Property Description: Attn Investors: Close to Castleton w/EZ access to Interstates! 3 Bedrm/2 Bath per side Townhouse w/each having 1 Car Attached Garage! Property needs cosmetics/repairs and is priced accordingly. Other rentals in area are bringing approx 950.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: Two
  • Owner Pays: InsHazard,Taxes,No Utilities
  • Possible Use: Residential
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 2720
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Driveway Concrete
  • Foundation Details: Slab
  • List Price: 110000
  • Road Access: CityStreet
  • Interstate: Ramp1-3mi

Garage/Parking

  • Unit Parking: 1 Car Garage

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Current Use: Residential
  • Parcel Number: 490222113028000400
  • Zoning: Residential
  • Acres: <1/4 Acre
  • Lot Information: Curbs,Sidewalks,Tree Mature
  • Lot Number: 21
  • Lot Size: .23 acre

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV,Insurance,All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3390
  • Semi Annual Property Tax Amt: 1695
  • Tax Exemption: None

MLS Schools

  • School District: Lawrence Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2016
Closed on
Feb 16, 2016
Sold by
Ching Kelvin Kim Fong and Holokai Joanne Lei
Bought by
Viet Hua Food Market Llc
Seller's Agent
Gina Rininger
Crossroads Real Estate Group LLC
Buyer's Agent
Ben Li
Mid America Realty
List Price
$110,000
Sold Price
$141,000
Premium/Discount to List
$31,000
28.18%
Current Estimated Value
$318,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,770
Avg. Annual Appreciation
8.34%

Purchase Details

Closed on
Feb 16, 2006
Sold by
Garten William Patterson and Garten Caress S
Bought by
Ching Kelvin Kim Fong and Holokai Joanne Lei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.3%
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
Viet Hua Food Market Llc -- Stewart Title Company
Ching Kelvin Kim Fong -- None Available
Ching Kelvin Kim Fong -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Viet Hua Food Market Llc $400,000
Previous Owner Ching Kelvin Kim Fong $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2016 02/26/16 Sold $141,000 0.0% $104 / Sq Ft
02/10/2016 02/10/16 Pending -- -- --
02/05/2016 02/05/16 Off Market $141,000 -- --
01/28/2016 01/28/16 For Sale $110,000 -- $81 / 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 $6,083 $273,400 $31,600 $241,800
2023 $6,083 $273,400 $31,600 $241,800
2022 $5,517 $252,400 $31,600 $220,800
2021 $4,095 $178,200 $24,400 $153,800
2020 $4,133 $178,200 $24,400 $153,800
2019 $4,065 $196,800 $24,400 $172,400
2018 $3,638 $175,600 $24,400 $151,200
2017 $3,256 $156,600 $24,400 $132,200
2016 $3,030 $145,400 $24,400 $121,000
2014 $3,272 $163,600 $24,400 $139,200
2013 $3,332 $145,400 $24,400 $121,000
Source: Public Records

Agents Affiliated with this Home

  • Gina Rininger

    Seller's Agent in 2016

    Gina Rininger

    Crossroads Real Estate Group LLC

    (317) 997-4663

    142 Total Sales

    Gina Rininger
    Section Image
  • Ben Li

    Buyer's Agent in 2016

    Ben Li

    Mid America Realty

    (317) 502-0443

    6 in this area

    43 Total Sales

    Ben Li
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21396447

MIBOR Broker Listing Cooperative®

APN: 49-02-22-113-028.000-400

Indiana Marion County Indianapolis 46250 Castleton

8593 Fairway Trail, Indianapolis, IN

This home is located at 8593 Fairway Trail, Indianapolis, IN 46250 since 28 January 2016 and is currently estimated at $318,770, approximately $234 per square foot. This property was built in 1989. 8593 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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