NOT LISTED FOR SALE

8627 El Rico Dr Indianapolis, IN 46240

Nora-Far Northside Neighborhood

Estimated Value: $344,000 - $413,926

3 Beds
2.5 Baths
1,830 Sq Ft
$209/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $347,000 $190 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,344/month

18 Days on Market

Highlights

  • Mature Trees
  • Deck
  • Wood Flooring
  • North Central High School Rated A-
  • Ranch Style House
  • No HOA

About This Home

As of September 2023

Beautiful 3BR/2.5BA brick ranch in the heart of Nora on roughly 1 acre. Large tiled foyer opens to spacious LR/DR combo w/HW floors throughout. Updated elegant kitchen features fresh white cabinets, large breakfast bar w/quartz, new ss appliances, and tv. Full ensuite bathroom in MBR w/ potential to enlarge. Tons of storage in oversized sunny laundry room. Built in storage/bookshelves. Enjoy leisure time on large vinyl deck overlooking the huge fully fenced in private backyard. Updates: water heater and softener 23. quartz c'tops 23, appliances 22, renovated 2nd bathroom 21, furnace 19, fence 17, A/C and roof 16, windows 16. Washington Twp Schools and fantastic location minutes to 86th St and Keystone X'ing. Super close to the Monon Trail.

Last Agent to Sell the Property

Courtney Seghetti

Court Realty License #RB14036199 Listed on: 06/29/2023

Last Buyer's Agent

Jennifer Blandford

Carpenter, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,034

Year Built

  • Built in 1952

Lot Details

  • 0.95 Acre Lot
  • Mature Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,830 Sq Ft Home
  • Woodwork
  • Vinyl Clad Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Crawl Space
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Well
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • El Rico Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490218121001000800

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,034

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1952
  • Building Area Total: 1830
  • Garage Y N: Yes
  • Lot Size Acres: 0.95
  • On Market Date: 2023-06-29
  • Subdivision Name: El Rico
  • Transaction Type: Sale
  • Website: www.courtrealty.com
  • Accessibility Features YN: No
  • MBR_AttributionContact: courtneyseghetti@hotmail.com
  • Special Features: None

Interior Features

  • Basement: No
  • Basement Type: Crawl Space
  • Appliances: Dishwasher, Dryer, Gas Water Heater, MicroHood, Electric Oven, Refrigerator, Washer, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Breakfast Bar, Entrance Foyer, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Programmable Thermostat, Windows Vinyl, Wood Work Painted
  • Living Area: 1830
  • Main Level Bedrooms: 3
  • Areas Interior: Bedroom Other on Main
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1830
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 0
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Direction Faces: West
  • Exterior Features: Barn Storage
  • Fencing: Fence Full Rear
  • Foundation Details: Block
  • List Price: 375000
  • Patio And Porch Features: Deck Main Level

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Attached, Garage Door Opener
  • Garage Parking Other: Service Door

Utilities

  • Utilities: Cable Connected, Gas
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level
  • Water Source: Private Well
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 134
  • Parcel Number: 490218121001000800
  • Acres: 1/2-1 Acre
  • Price Acre: 365263

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3034
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1517
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Sep 6, 2023
Sold by
Osborn Bryan J
Bought by
Voegele Roland
Seller's Agent
Courtney Seghetti
Court Realty
Buyer's Agent
Jennifer Blandford
Carpenter, REALTORS®
List Price
$375,000
Sold Price
$347,000
Premium/Discount to List
-$28,000
-7.47%
Views
193
Current Estimated Value
$383,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,232
Avg. Annual Appreciation
4.99%
Original Mortgage
$340,714
Interest Rate
6.81%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 6, 2019
Closed on
Jan 2, 2020
Sold by
Parker John D and Parker Terri L
Bought by
Osborn Bryan J
Seller's Agent
Roy Hedeen
Berkshire Hathaway Home
Buyer's Agent
Cassidy Ryan
eXp Realty, LLC
List Price
$219,900
Sold Price
$218,000
Premium/Discount to List
-$1,900
-0.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.46%
Original Mortgage
$207,100
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 16, 2015
Closed on
Mar 30, 2015
Sold by
Ray Paul Wade
Bought by
Parker John C and Parker Terri L
Seller's Agent
Kelly Lavengood
Good Living Indy, LLC
Buyer's Agent
Julie Preston
F.C. Tucker Company
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.17%
Original Mortgage
$70,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2014
Sold by
Ray Charlotte Diane
Bought by
Ray Paul Wade

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
4.07%
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
Voegele Roland -- Enterprise Title
Osborn Bryan J $218,000 Chicago Title
Parker John C -- None Available
Ray Paul Wade -- Cambridge Law
Ray Paul Wade -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Voegele Roland $342,694
Closed Voegele Roland $340,714
Previous Owner Osborn Bryan J $207,100
Previous Owner Parker John $244,198
Previous Owner Parker John C $70,000
Previous Owner Ray Paul W $121,600
Previous Owner Ray Charlotte Diane $20,655
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2023 09/06/23 Sold $347,000 -7.5% $190 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $375,000 +72.0% $205 / Sq Ft
01/02/2020 01/02/20 Sold $218,000 -0.9% $119 / Sq Ft
12/11/2019 12/11/19 Pending -- -- --
12/06/2019 12/06/19 For Sale $219,900 +46.6% $120 / Sq Ft
03/31/2015 03/31/15 Sold $150,000 0.0% $82 / Sq Ft
03/06/2015 03/06/15 Pending -- -- --
03/05/2015 03/05/15 For Sale $150,000 0.0% $82 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
02/16/2015 02/16/15 For Sale $150,000 -- $82 / 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 $3,620 $354,000 $102,000 $252,000
2023 $3,620 $280,300 $102,000 $178,300
2022 $3,034 $290,100 $102,000 $188,100
2021 $2,840 $205,400 $33,000 $172,400
2020 $2,576 $196,600 $33,000 $163,600
2019 $2,217 $184,600 $33,000 $151,600
2018 $2,029 $175,300 $33,000 $142,300
2017 $1,975 $173,700 $33,000 $140,700
2016 $1,690 $160,900 $33,000 $127,900
2014 $1,412 $159,200 $33,000 $126,200
2013 $1,329 $146,700 $33,000 $113,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Courtney Seghetti

    Court Realty

    (317) 691-3609

    1 in this area

    33 Total Sales

    Courtney Seghetti
    Section Image

  • J

    Buyer's Agent in 2023

    Jennifer Blandford

    Carpenter, REALTORS®

    Section Image

  • R

    Seller's Agent in 2020

    Roy Hedeen

    Berkshire Hathaway Home

    Section Image
  • Kimberly Wilson

    Seller Co-Listing Agent in 2020

    Kimberly Wilson

    Berkshire Hathaway Home

    (423) 292-8116

    15 Total Sales

    Kimberly Wilson
    Section Image

  • C

    Buyer's Agent in 2020

    Cassidy Ryan

    eXp Realty, LLC

    Section Image
  • Kelly Lavengood

    Seller's Agent in 2015

    Kelly Lavengood

    Good Living Indy, LLC

    (317) 517-0980

    136 Total Sales

    Kelly Lavengood
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21929214

MIBOR Broker Listing Cooperative®

APN: 49-02-18-121-001.000-800

Indiana Marion County Indianapolis 46240 Nora-Far Northside

8627 El Rico Dr, Indianapolis, IN

This home is located at 8627 El Rico Dr, Indianapolis, IN 46240 since 29 June 2023 and is currently estimated at $383,232, approximately $209 per square foot. This property was built in 1952. 8627 El Rico Dr is a home located in Marion County with nearby schools including Nora Elementary School, Northview Middle School, and North Central 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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