NOT LISTED FOR SALE

8709 Montery Rd Indianapolis, IN 46226

Far Eastside Neighborhood

Estimated Value: $110,000 - $154,088

3 Beds
1 Bath
1,154 Sq Ft
$114/Sq Ft Est. Value

Last Sold October 28, 2021

Last sale price $86,500 $75 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $913/month

11 Days on Market

About This Home

As of October 2021

Investor Alert! Turnkey investment with great TENANT @ $750month & LOW property taxes.. Well maintained home, Near schools(School 105 across the street) and shopping,Indianapolis East Side. Solid rental history w/tenant in good standing & eager to sign a new lease with the current property manager or new owner. Over 1100 square feet! This 3 bed 1 bath brick home boasts a large lot and 1 car attached garage. Home has been well maintained and monthly rents pays $750 per month!
***THIS PROPERTY IS OFFERED FOR SALE INDIVIDUALLY OR AS A 6 PROPERTY INVESTOR PACKAGE AT BIG DISCOUNT***
2242 Nowland (Windsor Park Stunner!)**1916 E 67th St.(Charming Broad Ripple Bungalow)**736 Dequincy*716 Riley*3821 Whittfield*8709 Montery-Call Agent!

Last Agent to Sell the Property

Garrett Mahaffey

Luxcity Realty License #RB19001751 Listed on: 09/03/2021

Last Buyer's Agent

Garrett Mahaffey

Luxcity Realty License #RB19001751 Listed on: 09/03/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,418

Year Built

  • 1962

Lot Details

  • 7,841

Parking

  • Attached Garage

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,418

Year Built

1962

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Architectural Style: Bungalow/Shotgun
  • Directions: West on 38th street from Post Rd.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: NO SUBDIVISION
  • Special Features: None
  • Year Built: 1962

Interior Features

  • Appliances: Electric Cooktop, Refrigerator
  • Eating Area: None
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1154
  • Main Level Sq Ft: 1154
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Windows Vinyl
  • Other Equipment: Smoke Detector

Exterior Features

  • Foundation Details: Slab
  • Association Maintained Building Exterior: 0
  • Construction Type: Brick
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Sq Ft: 338
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Solid Waste: 0
  • Water Heater: Gas
  • Sewer: Sewer Connected
  • Water Source: Public

Lot Info

  • Acres: <1/4 Acre
  • Lot Number: 598
  • Lot Size: 8,059

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 709
  • Tax Exemption: None
  • Tax Annual Amount: 1418
  • Tax Year: 2020

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2022
Sold by
Equity Trust Co
Bought by
Barla Capital Llc
Current Estimated Value
$131,522

Purchase Details

Listed on
Sep 3, 2021
Closed on
Oct 26, 2021
Sold by
Interstate Realty Holdings Llc
Bought by
Equity Trust Co
Seller's Agent
Garrett Mahaffey
Luxcity Realty
Buyer's Agent
Garrett Mahaffey
Luxcity Realty
List Price
$89,900
Sold Price
$86,500
Premium/Discount to List
-$3,400
-3.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.63%

Purchase Details

Listed on
May 13, 2014
Closed on
Jun 26, 2014
Sold by
Gilsdorf Stephen J
Bought by
Tri Holdings Inc
Seller's Agent
Keith Farabee
CityPlace Realty
Buyer's Agent
Keith Farabee
CityPlace Realty
List Price
$40,000
Sold Price
$34,000
Premium/Discount to List
-$6,000
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.59%

Purchase Details

Closed on
Aug 17, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Gilsdorf Stephen J

Purchase Details

Closed on
May 10, 2009
Sold by
Suntrust Mortgage Inc
Bought by
Department Of Housing & Urban Developmen

Purchase Details

Closed on
Sep 2, 2007
Sold by
Tate Darryl D
Bought by
Sun Trust Morgage Inc
Source: Public Records

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Range of Values:

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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
Barla Capital Llc $120,000 None Listed On Document
Equity Trust Co $86,500 None Available
Interstate Realty Holdings Llc $86,500 None Available
Tri Holdings Inc -- Mtc
Gilsdorf Stephen J -- None Available
Department Of Housing & Urban Developmen -- None Available
Sun Trust Morgage Inc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2021 10/28/21 Sold $86,500 -3.8% $75 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $89,900 +164.4% $78 / Sq Ft
06/30/2014 06/30/14 Sold $34,000 -15.0% $29 / Sq Ft
05/13/2014 05/13/14 For Sale $40,000 -- $35 / 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 $2,199 $96,600 $9,400 $87,200
2023 $2,199 $89,000 $9,400 $79,600
2022 $2,034 $79,800 $9,400 $70,400
2021 $1,637 $67,300 $9,400 $57,900
2020 $1,418 $61,200 $3,800 $57,400
2019 $1,367 $57,900 $3,800 $54,100
2018 $1,411 $55,900 $3,800 $52,100
2017 $1,221 $53,900 $3,800 $50,100
2016 $1,132 $52,400 $3,800 $48,600
2014 $1,092 $50,500 $3,800 $46,700
2013 $1,048 $50,500 $3,800 $46,700
Source: Public Records

Agents Affiliated with this Home

  • Garrett Mahaffey

    Seller's Agent in 2021

    Garrett Mahaffey

    Luxcity Realty

    (317) 775-9428

    2 in this area

    19 Total Sales

    Garrett Mahaffey
    Section Image
  • Keith Farabee

    Seller's Agent in 2014

    Keith Farabee

    CityPlace Realty

    (317) 503-0788

    8 Total Sales

    Keith Farabee
    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21808806

MIBOR Broker Listing Cooperative®

APN: 49-08-18-101-114.000-401

Indiana Marion County Indianapolis 46226 Far Eastside

8709 Montery Rd, Indianapolis, IN

This home is located at 8709 Montery Rd, Indianapolis, IN 46226 since 03 September 2021 and is currently estimated at $131,522, approximately $113 per square foot. This property was built in 1962. 8709 Montery Rd is a home located in Marion County with nearby schools including Charles Warren Fairbanks School 105, Arlington Community Middle School, and Arsenal Technical 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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