8632 El Rico Dr Indianapolis, IN 46240
Nora-Far Northside NeighborhoodEstimated payment $2,108/month
Highlights
- Very Popular Property
- Mature Trees
- Living Room with Fireplace
- Updated Kitchen
- Deck
- Ranch Style House
About This Home
Opportunity awaits at 8632 El Rico Dr! This bank-owned property is ready for its next chapter and offers endless potential for investors, flippers, or buyers looking to create their dream home. While the home needs finishing touches and updates, the value is in the incredible location, spacious lot, and unmatched garage space. Situated on nearly an acre in a highly desirable area near Keystone Crossing, Nora, shopping, dining, and the Monon Trail, this property features a large yard with plenty of room to entertain, expand, or simply enjoy the outdoors. A standout feature is the 7+ garage spaces, providing exceptional storage for car enthusiasts, hobbyists, contractors, or anyone needing workshop space. The home also offers a full basement, adding even more usable space and possibilities. Bring your vision and transform this property into something truly special. Being sold As-Is.
Listing Agent
FS Houses LLC Brokerage Email: ashley@fshouses.com License #RB17001198 Listed on: 07/23/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1953
Lot Details
- 38,420 Sq Ft Lot
- Mature Trees
Parking
- 4 Car Garage
- Parking Storage or Cabinetry
- Workshop in Garage
- Garage Door Opener
Home Design
- Ranch Style House
- Fixer Upper
- Brick Exterior Construction
- Block Foundation
- Stone
Interior Spaces
- Living Room with Fireplace
- 2 Fireplaces
- Finished Basement
- Natural lighting in basement
- Updated Kitchen
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Outdoor Features
- Deck
- Covered Patio or Porch
- Shed
Schools
- Nora Elementary School
- Northview Middle School
- North Central High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Private Water Source
Community Details
- No Home Owners Association
- El Rico Subdivision
Listing and Financial Details
- Tax Lot 17
- Assessor Parcel Number 490218121002000800
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $10,097 | $425,600 | $99,300 | $326,300 |
| 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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/23/2026 07/23/26 | For Sale | $325,000 | +35.4% | $99 / Sq Ft | |
| 10/26/2021 10/26/21 | Sold | $240,000 | 0.0% | $73 / Sq Ft | View Prior Sale |
| 10/04/2021 10/04/21 | Pending | -- | -- | -- | |
| 10/01/2021 10/01/21 | For Sale | $240,000 | -- | $73 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Sheriffs Deed | $360,000 | None Listed On Document | |
| Quit Claim Deed | -- | First American | |
| Deed | $400,143 | Hall Render Killian Heath & Ly |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $328,000 | New Conventional | |
| Previous Owner | $328,000 | New Conventional | |
| Previous Owner | $300,860 | New Conventional | |
| Previous Owner | $50,000 | Future Advance Clause Open End Mortgage |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22114986
APN: 49-02-18-121-002.000-800
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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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.