NOT LISTED FOR SALE

8632 El Rico Dr Indianapolis, IN 46240

Nora-Far Northside Neighborhood

Estimated Value: $320,000 - $482,000

6 Beds
3 Baths
3,270 Sq Ft
$123/Sq Ft Est. Value

Last Sold October 26, 2021

Last sale price $240,000 $73 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,928/month

2 Days on Market

Highlights

  • Updated Kitchen
  • North Central High School Rated A-
  • Mature Trees

About This Home

As of October 2021

Fall in love with this stylish custom crafted 50's Ranch home with full basement and separate 6 car garage located close to Keystone Crossing,Nora ,Monon trail & much more.This home features Light & bright living rm dining rm combo w/ warm wood burning fireplace adjacent to custom kitchen and cozy family rm with full stone fireplace.Master retreat with gleaming hardwoods ,full walk in shower and closet.Large bd 2 & 3 with hardwoods and double closets.Lower level with cool bar and kitchenette ,rec area ,office and shop.Outside covered patio huge deck and fenced rear yard and separate 6 car garage.This home is in an Estate and being sold as is.Need some mechanical updating.

Last Agent to Sell the Property

Mark Fox

The Fox Group Real Estate License #RB14042446 Listed on: 10/01/2021

Last Buyer's Agent

Brittany Perry

The Cooperative

The Cooperative

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,914

Year Built

  • 1953

Lot Details

  • 0.88

Parking

  • 4

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Mature Trees
  • Updated Kitchen

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,914

Year Built

1953

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Accessibility Features YN: 0
  • Architectural Style: Ranch
  • Directions: Take 86th street from Keystone 5 blocks west to El Rico turn right go north home on your left.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: NO SUBDIVISION
  • Special Features: None
  • Year Built: 1953

Interior Features

  • Appliances: Gas Cooktop, Dishwasher, Dryer, Electric Oven, Refrigerator, Washer
  • Has Basement: Finished Ceiling, Finished, Daylight/Lookout Windows
  • Fireplace Features: Family Room, Insert, Gas Log, Living Room
  • Areas Interior: Foyer Large,Living Room Formal,Laundry in Basement,Laundry Room Main Level,Utility Room
  • Eating Area: Breakfast Room,Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1635
  • Main Level Sq Ft: 1635
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Shower Stall Full,Suite
  • Kitchen Features: Kitchen Some Updates
  • Below Grade Sq Ft: 1635
  • Pct Optional Level Finished: 25-50%
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplaces: 2
  • Interior Amenities: Walk-in Closet(s), Hardwood Floors, Screens Some, Window Metal, Wood Work Stained
  • Other Equipment: Iron Filter, Security Alarm Paid, Smoke Detector, Sump Pump

Exterior Features

  • Exterior Features: Barn Mini, Fence Full Rear, Out Building With Utilities
  • Foundation Details: Block, Full
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Porch
  • Construction Type: Brick, Stone
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: Attached,Detached,Multiple Garages
  • Garage Parking Other: Garage Door Opener,Finished Garage,Storage Area,Workshop
  • Garage Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Solid Waste: 0
  • Utility Options: Cable Available
  • Water Heater: Gas
  • Sewer: Septic Tank
  • Water Source: Well

Lot Info

  • Acres: 1/2-1 Acre
  • Lot Information: Tree Mature
  • Lot Number: 0
  • Lot Size: 38,420

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 1957
  • Tax Exemption: HomesteadTaxExemption
  • Tax Annual Amount: 3914
  • Tax Year: 2020

MLS Schools

  • School District: Washington Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2024
Sold by
Bardwell & Son Properties Llc
Bought by
Bardwell Properties Llc
Current Estimated Value
$400,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Outstanding Balance
$318,474
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$82,171

Purchase Details

Closed on
Jan 4, 2022
Sold by
Jones Jack A
Bought by
Bardwell & Son Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,860
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 1, 2021
Closed on
Oct 25, 2021
Sold by
Jones Jack A
Bought by
Bardwell & Son Properties Llc
Seller's Agent
Mark Fox
The Fox Group Real Estate
Buyer's Agent
Brittany Perry
The Cooperative
List Price
$240,000
Sold Price
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.85%
Original Mortgage
$300,860
Interest Rate
3.11%
Mortgage Type
New Conventional
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
Bardwell Properties Llc -- First American
Bardwell & Son Properties Llc $400,143 Hall Render Killian Heath & Ly
Bardwell & Son Properties Llc $400,143 Hall Render Killian Heath & Ly
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bardwell Properties Llc $328,000
Previous Owner Bardwell & Son Properties Llc $300,860
Previous Owner Bardwell & Son Properties Llc $300,860
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2021 10/26/21 Sold $240,000 0.0% $73 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $240,000 -- $73 / 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 $9,628 $373,700 $99,300 $274,400
2023 $9,628 $373,700 $99,300 $274,400
2022 $5,071 $388,700 $99,300 $289,400
2021 $4,510 $285,200 $32,500 $252,700
2020 $4,048 $270,800 $32,500 $238,300
2019 $3,555 $0 $0 $0
2018 $3,294 $240,000 $32,500 $207,500
2017 $3,217 $236,600 $32,500 $204,100
2016 $2,806 $218,900 $32,500 $186,400
2014 $2,439 $216,200 $32,500 $183,700
2013 $1,839 $197,900 $32,500 $165,400
Source: Public Records

Agents Affiliated with this Home

  • Mark Fox

    Seller's Agent in 2021

    Mark Fox

    The Fox Group Real Estate

    (317) 506-5069

    3 in this area

    79 Total Sales

    Mark Fox
    Section Image

  • B

    Buyer's Agent in 2021

    Brittany Perry

    The Cooperative

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21816231

MIBOR Broker Listing Cooperative®

APN: 49-02-18-121-002.000-800

Indiana Marion County Indianapolis 46240 Nora-Far Northside

8632 El Rico Dr, Indianapolis, IN

This home is located at 8632 El Rico Dr, Indianapolis, IN 46240 since 01 October 2021 and is currently estimated at $400,645, approximately $122 per square foot. This property was built in 1953. 8632 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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