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$200,000   Price Analysis
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62 E Troy Ave Lot 4911241550040001
Indianapolis, IN 46225
Unknown bed 0 bath unknown SqFt ($0/SqFt)
0.43 acre lot.
Listed 2024-02-05, Taxes $75		Ⓧ USDA Ineligible
due to property
near Indianapolis

The property holds substantial potential for multifamily development

Given its zoning. With seller-approved plans for four townhomes, each featuring three bedrooms an d two and a half bathrooms, the property s positioned for profitable development.

Approved Plans attached.


Presented by Sharanpreet Kaur at
Highrise Realty LLC.


Property MLS #21962447 from MIBOR

Road Access: Not Applic
Road Frontage Type: City Street
Road Surface Type: Asphalt

Lot Size Acres: 0.43
Topography: Cleared, Level
Lot Size Square Feet: 18730

Association: No
Calculated Total Monthly Association Fees: 0

High School District: Perry Township Schools

Daniel Webster School 46 is a public elementary and middle school located approximately 2.4 miles away.
directions icon Map directions

Todd Academy, Inc. is a private elementary, middle and high school located approximately 0.2 miles away.
directions icon Map directions

Christel House Academy - South is a public elementary, middle and high school located approximately 0.5 miles away.
directions icon Map directions

Source Listing Status: Active
Tax Block: /8
County: Marion
Development Status: Finished Lot(s), Plat Recorded
Directions: GPS Friendly
Tax Year: 2022
Source Property Type: Land
Area: 4907 - Marion - Perry
Source Neighborhood: Hoefgens
Parcel Number: 491124155004000101
Subdivision: Hoefgens
Township: Perry
Zoning: D-5
Property Subtype: Residential Lots
Lot Number: 491124155004000101
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2022$unknown + $2,700
$2,700		$75
2021$unknown + $2,700
$2,700		$1,259
2020$unknown + $2,700
$2,700		$79
2019$unknown + $6,200
$6,200		$146
2018$unknown + $6,200
$6,200		$147
2017$unknown + $6,200
$6,200		$131
2016$unknown + $6,200
$6,200		$128
2015$unknown + $6,200
$6,200		$136
2014$unknown + $6,200
$6,200		$134
2013$unknown + $6,200
$6,200		$128
2012$unknown + $6,200
$6,200		$139
2011$unknown + $15,700
$15,700		$326
2010$unknown + $15,700
$15,700		$334
2008$unknown + $15,700
$15,700		$444
2008$unknown + $15,700
$15,700		$444
2006$unknown + $9,500
$9,500		$254

Price Changed 2024-05-09
$200,000
MIBOR
Listed 2024-02-05
$280,000
MIBOR
Sold 2021-04-23
$25,000
Public Record
Listing removed 2019-04-23
$26,500
IRMLS
Listed 2019-03-08
$26,500
IRMLS
Listing removed 2019-02-02
$0
MIBOR
Listing removed 2019-02-02
$26,500
IRMLS
Price Changed 2018-08-02
$26,500
MIBOR
Listed 2018-08-02
$26,500
IRMLS
Listed 2018-08-01
$25,000
MIBOR
Listing removed 2018-05-30
$26,000
MIBOR
Listing removed 2018-05-29
$26,000
MIBOR
Listing removed 2018-05-18
$26,000
IRMLS
Listed for rent 2018-04-26
$26,000
MIBOR
Listing removed 2018-04-18
$26,000
MIBOR
Listed 2017-10-06
$26,000
IRMLS
Price Changed for rent 2017-07-06
$26,000
MIBOR
Listed for rent 2016-07-25
$22,000
MIBOR
Listing removed 2015-01-01
$21,000
MIBOR
Relisted 2013-05-14
$21,000
MIBOR
Listing removed 2013-05-10
$19,900
MIBOR
Price Changed 2012-05-02
$19,900
MIBOR
Listed 2011-05-11
$15,900
MIBOR
Listing removed 2010-08-31
$18,900
MIBOR
Listing removed 2010-03-02
$18,900
MIBOR
Listed 2010-02-24
$18,900
MIBOR
Listed 2009-08-24
$18,900
MIBOR

Sewer: Municipal Sewer On Site
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.