NOT LISTED FOR SALE

8803 El Rico Dr Indianapolis, IN 46240

Nora-Far Northside Neighborhood

Estimated Value: $321,000 - $343,000

3 Beds
1.5 Baths
1,326 Sq Ft
$253/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $250,000 $189 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,082/month

Highlights

  • Ranch Style House
  • Wood Flooring
  • Formal Dining Room
  • North Central High School Rated A-
  • No HOA
  • Wood Frame Window

About This Home

As of July 2021

This home is located at 8803 El Rico Dr, Indianapolis, IN 46240 since 16 July 2021 and is currently estimated at $335,220, approximately $252 per square foot. This property was built in 1953. 8803 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.

Last Agent to Sell the Property

Non-BLC Member

MIBOR REALTOR® Association Listed on: 07/16/2021

Last Buyer's Agent

Matthew Meyers

Encore Sotheby's International

Encore Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,334

Year Built

  • Built in 1953

Lot Details

  • 0.97 Acre Lot

Parking

  • 2 Car Attached Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,326 Sq Ft Home
  • Woodwork
  • Wood Frame Window
  • Window Screens
  • Living Room with Fireplace
  • Formal Dining Room
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • Electric Oven
  • Microwave
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 490218121024000800

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,334

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1953
  • Building Area Total: 2481
  • Garage Y N: Yes
  • Lot Size Acres: 0.97
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Other
  • Transaction Type: Sale
  • MBR_AttributionContact: noreply@mibor.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Disposal, Microwave, Electric Oven, Refrigerator, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Screens Complete, Windows Wood, Wood Work Painted, Wood Work Stained
  • Living Area: 1326
  • Main Level Bedrooms: 3
  • Other Equipment: Smoke Alarm
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1326
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Rooms Basement: 0
  • SqFt Total: 2481

Exterior Features

  • Construction Materials: Brick, Wood
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 250000

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Attached, Garage Door Opener, Rear/Side Entry
  • Garage Sq Ft: 504

Utilities

  • Utilities: Cable Available
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 42253
  • Parcel Number: 490218121024000800
  • Acres: 1/2-1 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2334
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1167
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Jul 16, 2021
Sold by
Green Peter K
Bought by
Dinslage Derek R and Linos Viviane P
Seller's Agent
Non-BLC Member
MIBOR REALTOR® Association
Buyer's Agent
Matthew Meyers
Encore Sotheby's International
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$335,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,220
Avg. Annual Appreciation
6.89%
Original Mortgage
$237,500
Outstanding Balance
$217,995
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$112,109

Purchase Details

Closed on
May 22, 2020
Sold by
Mcgill Brittany N and Green Brittany N
Bought by
Green Peter K

Purchase Details

Listed on
Sep 26, 2012
Closed on
Nov 27, 2012
Sold by
Overstreet Katherine A
Bought by
Green Peter K and Mcgill Brittany N
Seller's Agent
Donald Lawless
F.C. Tucker Company
Buyer's Agent
Chase Deisler
Berkshire Hathaway Home
List Price
$137,000
Sold Price
$137,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
Original Mortgage
$134,518
Interest Rate
3.35%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dinslage Derek R -- None Available
Green Peter K -- None Available
Green Peter K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dinslage Derek R $237,500
Previous Owner Green Peter K $190,389
Previous Owner Green Peter K $50,000
Previous Owner Green Peter K $8,750
Previous Owner Green Peter K $134,518
Previous Owner Overstreet Marianne H $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2021 07/19/21 Pending -- -- --
07/16/2021 07/16/21 Sold $250,000 0.0% $189 / Sq Ft
07/16/2021 07/16/21 For Sale $250,000 +82.5% $189 / Sq Ft
11/27/2012 11/27/12 Sold $137,000 0.0% $55 / Sq Ft
10/11/2012 10/11/12 Pending -- -- --
09/26/2012 09/26/12 For Sale $137,000 -- $55 / 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 $3,555 $275,900 $104,300 $171,600
2023 $3,555 $275,900 $104,300 $171,600
2022 $2,860 $285,300 $104,300 $181,000
2021 $2,718 $199,200 $34,100 $165,100
2020 $2,466 $190,800 $34,100 $156,700
2019 $2,135 $179,300 $34,100 $145,200
2018 $1,955 $170,400 $34,100 $136,300
2017 $1,900 $168,700 $34,100 $134,600
2016 $1,627 $156,400 $34,100 $122,300
2014 $1,357 $154,900 $34,100 $120,800
2013 $1,277 $142,900 $34,100 $108,800
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image

  • M

    Buyer's Agent in 2021

    Matthew Meyers

    Encore Sotheby's International

    Section Image
  • Donald Lawless

    Seller's Agent in 2012

    Donald Lawless

    F.C. Tucker Company

    (317) 413-3726

    4 in this area

    201 Total Sales

    Donald Lawless
    Section Image
  • Lynn Lawless

    Seller Co-Listing Agent in 2012

    Lynn Lawless

    F.C. Tucker Company

    (317) 413-3721

    4 in this area

    87 Total Sales

    Lynn Lawless
    Section Image
  • Chase Deisler

    Buyer's Agent in 2012

    Chase Deisler

    Berkshire Hathaway Home

    (317) 319-9004

    3 in this area

    142 Total Sales

    Chase Deisler
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21800028

MIBOR Broker Listing Cooperative®

APN: 49-02-18-121-024.000-800

Indiana Marion County Indianapolis 46240 Nora-Far Northside

8803 El Rico Dr, Indianapolis, IN

This home is located at 8803 El Rico Dr, Indianapolis, IN 46240 since 16 July 2021 and is currently estimated at $335,220, approximately $252 per square foot. This property was built in 1953. 8803 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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