NOT LISTED FOR SALE

9530 E Mcgregor Rd Indianapolis, IN 46259

South Franklin Neighborhood

Estimated Value: $306,000 - $447,781

3.49 Acres
$103,064 Price per Acre
152,024 Sq Ft Lot

Last Sold September 13, 2019

Last sale price $81,000

Est. 335% increase in value since last sale

Current estimated payment $2,156/month

144 Days on Market

About This Lot

As of September 2019

These are very hard to find estate acreage parcels- Lots of road frontageWill require a Well and septic- Taxes on entire 13.6 acres are $266.00 semi annual or $19.56 per acre - this per acre amount will increase after the land is divided and it will take the assessor 2 full years to provide this tract a separate tax assessment for a separate tax bill. The buyer may will need to reimburse the current owner of the parent tract a prorate share ( per acre) until a new parcel is created. Seller is installing a Storm water drain for the land.Soil test for septic already completed and reviewed by County Board of Health. Attached is a copy of the recorded Covenants and restriction

Last Agent to Sell the Property

David Baird

OK Baird, LLC License #RB14029774 Listed on: 11/28/2018

Last Buyer's Agent

Daniel Busby

The Brokerage, LLC License #RB14040579

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $532

Lot Details

  • 3.49 Acre Lot
  • Additional Parcels

Utilities

  • Septic Needed

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 491617112001000300

Property Details

Property Type

Land

Est. Annual Taxes

$532

Lot Details

0

Listing Details

  • Type: Multiple
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2017
  • Lot Size Acres: 3.49
  • Road Frontage Type: County Road, City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Special Features: None

Exterior Features

  • Other Structures: No Building
  • Topography: Level
  • Road Access: County Rd
  • Water: Well Required

Utilities

  • Sewer: Septic Needed
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: See Remarks

Lot Info

  • Additional Parcels Description: yes 3 lots
  • Additional Parcels: Yes
  • Development Status: Easements, Surveyed, Other
  • Lot Size Sq Ft: 152024
  • Number Of Lots: 3
  • Parcel Number: 491617112001000300
  • Zoning: DA- Dwelling agriculture
  • Acres: 3-5 Acres
  • Land Characteristics: Rural,Rural Not in Subdivision,Suburban
  • Present Zoning: Agricultur,Single Family
  • Soil Type: Not Applic
  • Soil Test: yes

Tax Info

  • Tax Annual Amount: 532
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 266
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2018
Closed on
Sep 13, 2019
Sold by
Timbercreek Investments Llc
Bought by
Ludy Kyle and Ludy Stephanie
Seller's Agent
David Baird
OK Baird, LLC
Buyer's Agent
Daniel Busby
The Brokerage, LLC
List Price
$92,900
Sold Price
$81,000
Premium/Discount to List
-$11,900
-12.81%
Current Estimated Value
$352,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,128
Avg. Annual Appreciation
26.65%
Original Mortgage
$473,713
Outstanding Balance
$414,936
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
-$55,241

Purchase Details

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

Purchase Details

Closed on
May 30, 2017
Sold by
Terry C
Bought by
Ronald F

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
Ludy Kyle $81,000 Jclt
Timbercreek Investments Llc -- None Available
Ronald F $69,000 --
Clayton Ronald F $69,000 New Hope Title
Johnson Terry C -- --
Johnson Terry C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ludy Kyle $473,713
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2019 09/13/19 Sold $81,000 -12.8% --
04/22/2019 04/22/19 Pending -- -- --
11/28/2018 11/28/18 For Sale $92,900 -- --
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 $3,808 $312,300 $46,600 $265,700
2023 $3,808 $315,800 $46,600 $269,200
2022 $3,624 $291,300 $46,600 $244,700
2021 $2,990 $256,900 $46,600 $210,300
2020 $1,985 $161,600 $43,800 $117,800
2019 $318 $15,900 $15,900 $0
2018 $328 $16,400 $16,400 $0
2017 $502 $25,100 $25,100 $0
2016 $532 $26,600 $26,600 $0
2014 $558 $27,900 $27,900 $0
2013 $442 $23,900 $23,900 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    David Baird

    OK Baird, LLC

    (317) 538-5763

    1 in this area

    57 Total Sales

    David Baird
    Section Image

  • D

    Buyer's Agent in 2019

    Daniel Busby

    The Brokerage, LLC

    (317) 362-1490

    7 Total Sales

    Daniel Busby
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21609089

MIBOR Broker Listing Cooperative®

APN: 49-16-17-112-001.000-300

Indiana Marion County Indianapolis 46259 South Franklin

9530 E Mcgregor Rd, Indianapolis, IN

Not Listed for Sale

Lots

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