NOT LISTED FOR SALE

8740 Shelbyville Rd Indianapolis, IN 46259

South Franklin Neighborhood

Estimated Value: $373,000 - $481,000

4 Beds
2 Baths
2,494 Sq Ft
$176/Sq Ft Est. Value

Last Sold June 26, 2024

Last sale price $460,000 $184 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,609/month

2 Days on Market

Highlights

  • 1.07 Acre Lot
  • Cape Cod Architecture
  • Wood Flooring
  • Franklin Central High School Rated A-
  • Mature Trees
  • Main Floor Bedroom

About This Home

As of June 2024

In a picturesque, park like setting, this mid-century, all-brick, cape cod home on a 1-acre lot w/2-story detached pole barn garage emanates character. Featuring original hardwoods throughout, 2 bedrooms/1bath on the main level, 2 spacious bedrooms/1 bath upstairs, completely remodeled kitchen w/granite countertops, stainless appliances & custom cabinet storage galore. The spacious 30x13 family room w/fireplace is perfect for large family gatherings or entertaining. The quiet back patio gazebo overlooking the country fields provides a respite from your hectic daily lifestyle. The FULL basement offers ample storage space, a recreation room area or the potential for your finished touches. No HOA, 4-star rated schools, just minutes from I-65.

Last Agent to Sell the Property

Jim Talhelm

Hoosier, REALTORS® Brokerage Email: jim@hoosier-realtors.com License #RB14033114 Listed on: 05/02/2024

Last Buyer's Agent

Suzanne Roell-Carlson

Smart Choice Realtors, LLC License #RB14043640

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,118

Year Built

  • Built in 1950

Lot Details

  • 1.07 Acre Lot
  • Irregular Lot
  • Mature Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1.5-Story Property
  • Built-in Bookshelves
  • Woodwork
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Laundry in Basement

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Outbuilding

Schools

  • Franklin Central Junior High
  • Franklin Central High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 491619116002000300

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,118

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape Cod
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1950
  • Building Area Total: 3944
  • Garage Y N: Yes
  • Lot Size Acres: 1.07
  • Subdivision Name: No Subdivision
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Website: www.hoosier-realtors.com
  • Accessibility Features YN: No
  • MBR_AttributionContact: jim@hoosier-realtors.com
  • Attribution Contact: jim@hoosier-realtors.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Appliances: Dishwasher, Microwave, Gas Oven, Range Hood, Refrigerator, Gas Water Heater, Water Softener Owned
  • Levels: One and One Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Walk-in Closet(s), Hardwood Floors, Windows Vinyl, WoodWorkStain/Painted, Eat-in Kitchen, Hi-Speed Internet Availbl
  • Living Area: 2494
  • Main Level Bedrooms: 2
  • Other Equipment: Smoke Alarm, Sump Pump
  • Areas Interior: Bedroom Other on Main
  • Eating Area: Breakfast Room,Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1450
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 1044
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 1

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Barn Mini, Out Building With Utilities
  • Foundation Details: Block
  • List Price: 460000
  • Patio And Porch Features: Covered Patio, Porch Open

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Garage Parking Other: Finished Garage,Service Door
  • Garage Sq Ft: 0

Utilities

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

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Franklin Central Junior High

Lot Info

  • Lot Features: Irregular Lot, Not In Subdivision, Mature Trees
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 46609
  • Parcel Number: 491619116002000300
  • Acres: 1-3 Acres
  • Price Acre: 429907

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3118
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 1559
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • High School: Franklin Central High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
Jul 1, 2024
Sold by
Jirik Nicholas Mccormick and Valatka Sarah
Bought by
Reid Travis and Reid Megan A
Seller's Agent
Jim Talhelm
Hoosier, REALTORS®
Buyer's Agent
Suzanne Roell-Carlson
Smart Choice Realtors, LLC
List Price
$460,000
Sold Price
$460,000
Views
31
Current Estimated Value
$438,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,458
Avg. Annual Appreciation
-3.84%
Original Mortgage
$368,000
Outstanding Balance
$363,562
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$74,980

Purchase Details

Listed on
May 2, 2024
Closed on
Jun 26, 2024
Sold by
Jirik Nicholas Mccormick and Valatka Sarah
Bought by
Reid Travis and Reid Megan A
Seller's Agent
Jim Talhelm
Hoosier, REALTORS®
Buyer's Agent
Suzanne Roell-Carlson
Smart Choice Realtors, LLC
List Price
$460,000
Sold Price
$460,000
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Outstanding Balance
$363,562
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$74,980

Purchase Details

Listed on
Jul 24, 2021
Closed on
Sep 10, 2021
Sold by
Breedlove Christopher S and Breedlove Julie S
Bought by
Jirik Nicholas Mccormick and Valatka Sarah
Seller's Agent
Jim Talhelm
Hoosier, REALTORS®
Buyer's Agent
Roger Webb
Roger Webb Real Estate, Inc
List Price
$419,000
Sold Price
$400,000
Premium/Discount to List
-$19,000
-4.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%
Original Mortgage
$342,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Reid Travis $460,000 Security Title
Reid Travis -- Security Title
Jirik Nicholas Mccormick -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reid Travis $368,000
Closed Reid Travis $368,000
Previous Owner Jirik Nicholas Mccormick $56,740
Previous Owner Jirik Nicholas Mccormick $342,000
Previous Owner Breedlove Christopher S $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2024 06/26/24 Sold $460,000 0.0% $184 / Sq Ft
05/05/2024 05/05/24 Pending -- -- --
05/02/2024 05/02/24 For Sale $460,000 +15.0% $184 / Sq Ft
09/10/2021 09/10/21 Sold $400,000 -4.5% $101 / Sq Ft
08/08/2021 08/08/21 Pending -- -- --
07/24/2021 07/24/21 For Sale $419,000 -- $106 / 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 $3,274 $336,200 $30,500 $305,700
2023 $3,274 $310,300 $30,500 $279,800
2022 $3,276 $310,300 $30,500 $279,800
2021 $2,058 $189,300 $30,500 $158,800
2020 $2,213 $205,400 $30,400 $175,000
2019 $1,859 $170,400 $25,400 $145,000
2018 $1,855 $170,400 $25,400 $145,000
2017 $1,681 $153,400 $25,400 $128,000
2016 $1,656 $151,300 $25,400 $125,900
2014 $1,756 $171,200 $25,400 $145,800
2013 $1,719 $171,200 $25,400 $145,800
Source: Public Records

Agents Affiliated with this Home

  • Jim Talhelm

    Seller's Agent in 2024

    Jim Talhelm

    Hoosier, REALTORS®

    (317) 220-6465

    26 in this area

    162 Total Sales

    Jim Talhelm
    Section Image
  • Suzanne Roell-Carlson

    Buyer's Agent in 2024

    Suzanne Roell-Carlson

    Smart Choice Realtors, LLC

    (317) 506-2530

    5 in this area

    188 Total Sales

    Suzanne Roell-Carlson
    Section Image

  • R

    Buyer's Agent in 2021

    Roger Webb

    Roger Webb Real Estate, Inc

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21976881

MIBOR Broker Listing Cooperative®

APN: 49-16-19-116-002.000-300

Indiana Marion County Indianapolis 46259 South Franklin

8740 Shelbyville Rd, Indianapolis, IN

This home is located at 8740 Shelbyville Rd, Indianapolis, IN 46259 since 02 May 2024 and is currently estimated at $438,542, approximately $175 per square foot. This property was built in 1950. 8740 Shelbyville Rd is a home located in Marion County with nearby schools including Franklin 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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