NOT LISTED FOR SALE

Estimated Value: $451,000 - $539,922

4 Beds
2 Baths
4,272 Sq Ft
$118/Sq Ft Est. Value

Last Sold November 29, 2018

Last sale price $302,000 $71 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,010/month

136 Days on Market

Highlights

  • 2.02 Acre Lot
  • Covered Patio or Porch
  • 2 Car Attached Garage
  • 1 Fireplace
  • Breakfast Room
  • Central Air

About This Home

As of November 2018

Majestic Home in Historic Traders Point. This home is nestled on 2 wooded acres sitting above Fishback Creek and is said to have been built by an Indiana Governor for his mother. The all brick, 4 bed 2 bath home is updated while maintaining many of the historic features including the original hardwood floors. The kitchen is fully updated with granite counter-tops, elegant cabinets, bamboo floors and ss appliances. New carpet in the recently updated second floor. The rear porch was converted to a sun room for an eat-in kitchen and a stunning view of the trees. The former garage was converted in 2017 into a large mudroom and a new 2 car garage was added. There are a long list of updates including a new roof in 2016, and new furnace 2013.

Last Agent to Sell the Property

Mark Keys

Keller Williams Indy Metro NE License #RB14042919 Listed on: 06/22/2018

Keller Williams Indy Metro NE

Last Buyer's Agent

Joseph Gray

HoosierWise Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,390

Year Built

  • Built in 1927

Lot Details

  • 2.02

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Breakfast Room
  • Unfinished Basement
  • Sump Pump

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air
  • Well
  • Gas Water Heater
  • Septic Tank

Additional Features

  • Covered Patio or Porch
  • 2.02 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 490417103003000600

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,390

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial,TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1927
  • Garage Y N: Yes
  • Lot Size Acres: 2.02
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Majestic Home in Historic Traders Point. This home is nestled on 2 wooded acres sitting above Fishback Creek and is said to have been built by an Indiana Governor for his mother. The all brick, 4 bed 2 bath home is updated while maintaining many of the historic features including the original hardwood floors. The kitchen is fully updated with granite counter-tops, elegant cabinets, bamboo floors and ss appliances. New carpet in the recently updated second floor. The rear porch was converted to a sun room for an eat-in kitchen and a stunning view of the trees. The former garage was converted in 2017 into a large mudroom and a new 2 car garage was added. There are a long list of updates including a new roof in 2016, and new furnace 2013.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Website: www.KeysRealtyIndy.com
  • Website: https://www.brivity.com/listings/8744-w-86th-street-indianapolis-in-46278/property
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Dishwasher,Dryer,Kit Exhaust,Microwave,MicroHood,Gas Oven,Refrigerator,Washer
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Great Room,Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves,Ceiling Raised,Hardwood Floors,Wood Work Painted
  • Living Area: 4272
  • Other Equipment: Sump Pump
  • Room Count: 10
  • Areas Interior: Foyer Large,Laundry in Basement
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2820
  • Main Level Sq Ft: 1812
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 4272
  • Kitchen Features: Kitchen Eat In,Kitchen Updated
  • Below Grade Sq Ft: 1452
  • Upper Level Sq Ft: 1008
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel,Storage
  • Foundation Details: Block,Full
  • List Price: 325000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Electric,Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage,Side Load Garage

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Baseboard,Forced Air
  • Water Source: Well
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490417103003000600
  • Acres: 1-3 Acres
  • Lot Information: Not In Subdivision,Tree Mature,Wooded
  • Lot Number: NA
  • Lot Size: 87,991

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2390
  • Semi Annual Property Tax Amt: 1195
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Pike Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2018
Closed on
Nov 29, 2018
Sold by
Mcmahon Christian P and Mackenzie Judith M
Bought by
Benedict William and Benedict Elizabeth
Seller's Agent
Mark Keys
Keller Williams Indy Metro NE
Buyer's Agent
Joseph Gray
HoosierWise Realty
List Price
$350,000
Sold Price
$302,000
Premium/Discount to List
-$48,000
-13.71%
Current Estimated Value
$502,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,731
Avg. Annual Appreciation
7.69%
Original Mortgage
$256,700
Outstanding Balance
$226,610
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$276,121
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
Benedict William -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benedict William $256,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2018 11/29/18 Sold $302,000 -7.1% $71 / Sq Ft
11/06/2018 11/06/18 Pending -- -- --
10/08/2018 10/08/18 Price Changed $325,000 -7.1% $76 / Sq Ft
06/22/2018 06/22/18 For Sale $350,000 -- $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 $4,135 $415,400 $62,800 $352,600
2023 $4,135 $382,100 $62,800 $319,300
2022 $8,040 $382,100 $62,800 $319,300
2021 $6,766 $328,000 $62,800 $265,200
2020 $6,733 $326,500 $62,800 $263,700
2019 $6,123 $296,300 $62,800 $233,500
2018 $2,677 $225,600 $62,800 $162,800
2017 $2,569 $215,500 $62,800 $152,700
2016 $2,509 $210,000 $62,800 $147,200
2014 $2,284 $199,900 $62,800 $137,100
2013 $2,401 $199,900 $62,800 $137,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21564085

MIBOR Broker Listing Cooperative®

APN: 49-04-17-103-003.000-600