NOT LISTED FOR SALE

9525 E Mcgregor Rd Indianapolis, IN 46259

South Franklin Neighborhood

Estimated Value: $192,000 - $395,000

4.7 Acres
$62,447 Price per Acre
204,732 Sq Ft Lot

Last Sold February 19, 2021

Last sale price $145,000

Est. 94% increase in value since last sale

Current estimated payment $1,623/month

701 Days on Market

About This Lot

As of February 2021

4 Large acreage tracts with frontage on McGregor Rd and Wildcat Run Creek at the back property line. Zoned DA. Restrictions being finalized. City has assigned 5 new address for these tracts in advance of the split- Tax Record uses 9500 E McGregor with 60 acres.
2,500 sq. Ft for Ranch and 1,700 on the ground floor of two-story. A complete detailed covenants and restrictions (C & R) document is being prepared and will be added to this listing when completed. This C & R document will be recorded prior to any lot tract closing. Land rented to tenant farmer for 2020 and subject to crop damages prior to harvest in fall of 2020
Hard to find out-lots is quite suburban location

Last Agent to Sell the Property

David Baird

OK Baird, LLC License #RB14029774 Listed on: 12/13/2018

Last Buyer's Agent

Nathan Smith

Highgarden Real Estate

Highgarden Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,034

Lot Details

  • 4.7

Additional Features

  • 4.7 Acre Lot
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 491617115002000300

Property Details

Property Type

Land

Est. Annual Taxes

$2,034

Lot Details

0

Listing Details

  • Type: Multiple
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2017
  • Lot Size Acres: 4.7
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: NO SUBDIVISION
  • Property Description: 4 Large acreage tracts with frontage on McGregor Rd and Wildcat Run Creek at the back property line. Zoned DA. Restrictions being finalized. City has assigned 5 new address for these tracts in advance of the split- Tax Record uses 9500 E McGregor with 60 acres. 2,500 sq. Ft for Ranch and 1,700 on the ground floor of two-story. A complete detailed covenants and restrictions (C & R) document is being prepared and will be added to this listing when completed. This C & R document will be recorded prior to any lot tract closing. Land rented to tenant farmer for 2020 and subject to crop damages prior to harvest in fall of 2020 Hard to find out-lots is quite suburban location
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0

Exterior Features

  • Disclosures: Not Applicable
  • Other Structures: No Building
  • Topography: Cleared,Flood Plain Partial,Sloping
  • Road Access: AccessRd,CityStreet
  • Water: Well Required

Utilities

  • Sewer: Septic Needed
  • Solid Waste: 1

Lot Info

  • Development Status: Not Applicable
  • Number Of Lots: 5
  • Parcel Number: 491617115002000300
  • Zoning: DA
  • Acres: 3-5 Acres
  • Lot Number: # 1
  • Lot Size: 207781
  • Improvements: Paved Streets
  • Land Characteristics: Creek On Property,Rural,Rural Not in Subdivision,Suburban
  • Potential Zoning: Agricultur,Single Family
  • Present Zoning: Agricultur,Single Family
  • Soil Type: NotApplic

Tax Info

  • Tax Annual Amount: 2034
  • Semi Annual Property Tax Amt: 1017
  • Tax Exemption: None
  • Tax Info N A Prop Split: 1

MLS Schools

  • School District: Franklin Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2023
Sold by
Timbercreek Investments Llc
Bought by
Alexander Justin
Current Estimated Value
$280,667

Purchase Details

Closed on
May 15, 2023
Sold by
Timbercreek Investments Llc
Bought by
Alexander Justin

Purchase Details

Closed on
Oct 27, 2021
Sold by
Timbercreek Investments Llc
Bought by
Nagra Gagandeep Singh

Purchase Details

Listed on
Dec 13, 2018
Closed on
Feb 22, 2021
Sold by
Timbercreek Investments Llc
Bought by
Alexander Justin
Seller's Agent
David Baird
OK Baird, LLC
Buyer's Agent
Nathan Smith
Highgarden Real Estate
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.65%

Purchase Details

Closed on
Dec 18, 2020
Sold by
Timbercreek Investments Llc
Bought by
Homes Silverthorne

Purchase Details

Closed on
Jan 28, 2020
Sold by
Chavez Apolonia Olguin
Bought by
Drees Premier Home Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,900
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2020
Sold by
Timbercreek Investments Llc
Bought by
Smith Mitchell W and Smith Traci L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,900
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2020
Sold by
Timbercreek Investments Llc
Bought by
Land David and Land Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,900
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2019
Sold by
Timbercreek Investments Llc
Bought by
Chavez Apolonia Olguin

Purchase Details

Closed on
Apr 5, 2018
Sold by
Johnson Terry C
Bought by
Timbercreek Investments Llc

Purchase Details

Closed on
May 1, 2017
Sold by
Williams Michelle R
Bought by
Johnson Terry C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alexander Justin -- None Listed On Document
Alexander Justin -- None Listed On Document
Nagra Gagandeep Singh -- Gesse Larry J
Alexander Justin -- None Listed On Document
Homes Silverthorne -- None Available
Drees Premier Home Inc $115,000 First American Title Insurance
Smith Mitchell W -- None Available
Land David $137,000 Jclt
Chavez Apolonia Olguin $115,000 Jclt
Timbercreek Investments Llc -- None Available
Johnson Terry C $600,000 --
Johnson Terry C $600,000 Johnson Co Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Mitchell W $95,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2021 02/19/21 Sold $145,000 -3.3% --
11/14/2020 11/14/20 Pending -- -- --
07/11/2020 07/11/20 For Sale $149,900 0.0% --
06/22/2020 06/22/20 Pending -- -- --
12/13/2018 12/13/18 For Sale $149,900 -- --
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 $1,882 $34,500 $34,500 --
2023 $1,882 $94,100 $94,100 $0
2022 $1,486 $94,100 $94,100 $0
2021 $1,278 $63,900 $63,900 $0
2020 $1,600 $80,000 $80,000 $0
2019 $1,714 $85,700 $85,700 $0
2018 $1,770 $88,500 $88,500 $0
2017 $2,034 $101,700 $101,700 $0
2016 $2,154 $107,700 $107,700 $0
2014 $2,252 $112,600 $112,600 $0
2013 $1,792 $96,700 $96,700 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    David Baird

    OK Baird, LLC

    (317) 538-5763

    1 in this area

    57 Total Sales

    David Baird
    Section Image

  • N

    Buyer's Agent in 2021

    Nathan Smith

    Highgarden Real Estate

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21610928

MIBOR Broker Listing Cooperative®

APN: 49-16-17-115-002.000-300

Indiana Marion County Indianapolis 46259 South Franklin

9525 E Mcgregor Rd, Indianapolis, IN

Not Listed for Sale

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