Check Availability
$320,000
↓ $10K (3%)
House - For Sale

4835 Palomino Trail

Indianapolis, IN 46239
bedrooms
3 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
1845 Sqft
$1,822
Estimated Monthly
$250
HOA / Fees
4.55%
Cap Rate

About This Property

Nestled in Franklin Township, explore this beautiful custom-built full brick ranch home. Step into a grand entry adorned with hardwood flooring, and leading you to a welcoming great room with a cathedral ceiling, brick fireplace, and a tasteful tiled formal dining room. Enjoy a spacious kitchen boasting of stainless steel appliances, including a refrigerator, stove, and dishwasher, with ample storage, including a double-door pantry featuring custom wood shelves.  Unwind in the large primary suite, highlighted by a tray ceiling and walk-in closets complete with custom wood shelves. The oversized 2-car garage ensures you never run out of storage space. Revel in the charm of the four-season sunroom, offering panoramic views of the fully fenced yard, a charming mini barn, and a concrete pad, just perfect for a potential basketball court. This home blends elegance, functionality, and outdoor enjoyment. Come see this wonderful property today!

The manager has listed the unit size as 1845 square feet.
Unit Size
1,845Ft²
Days on Market
140 days
Land Size
0.35 acres
Price per sqft
$173
Property Type
House
Property Taxes
-
HOA Dues
$250
Year Built
1994
Listed By
Denis O'Brien
Keller Williams Indy Metro S
Last updated: 27 days ago (MIBORIN #21956373)

Price History

Date / Event Date Event Price
Apr 3, 2024 Price Decreased $320,000
↓ $10K (3%)
Price Decreased
Mar 26, 2024 Relisted $330,000
Relisted
Feb 15, 2024 In contract -
In contract
Feb 6, 2024 Relisted $330,000
Relisted
Jan 22, 2024 In contract -
In contract
Show More

Property Highlights

Fireplace
Air Conditioning
Interior Details

Fireplace Information

Fireplace
Exterior Details

Exterior Information

Brick

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 598
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,055
  • Total Building Area: 2,443
  • Gross Building Area: 2,443
  • Building Area: 1,845
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,845
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: BIG RUN SEC 2
  • Land Acres: 0.346
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: BIG RUN SEC 2 L 35

Ownership

  • Current Owner : WOOTEN DOUGLAS
  • Current Owner 2: WOOTEN YULANDA
  • Previous Owner : OFFERPAD SPE BORROWER A LLC
  • Owner Before Previous Owner: EADES MARY ANN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Franklin Township Community School Corporation
  • Census Tract: 390104

Geography

  • Assessors Map Reference: 2449-B6
  • District: 0003
  • Section: 310
  • Parcel: 49-09-31-100-021.000-300
  • Lot: 35
  • Municipality: FRANKLIN TOWNSHIP
  • Latitude: 39.6978
  • Longitude: -86.0221

    Address

  • Full Address: 4835 Palomino Trl
  • Address - House Number: 4835
  • Address - Street Name: Palomino
  • Address - Suffix Type: Trl
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: R005
  • 4-Digit Zip Code: 9549
  • Zip Code: 46239

Valuation

    Tax

  • Total Area: 1,845
  • Tax Year: 2022
  • Tax Amount: $5,889
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1635
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 340,460
  • High Value: 396,463
  • Low Value: 284,457

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $321,428
  • First Open Lien Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Mar 17, 2022
  • First Open Lien Mortgage Loan Amount: $321,428
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $277,300
  • Market Land Value: $38,800
  • Market Improvement Value: $238,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $277,300
  • Assessed Land Value: $38,800
  • Assessed Improvements Value: $238,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 03, 2022
  • Current Sale Recording Date: Mar 17, 2022
  • Current Sale Transaction ID: 11882735523
  • Current Sale Price: $401,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 32710
  • Previous Sale Recording Date: Nov 19, 2021
  • Previous Sale Contract Date: Nov 05, 2021
  • Previous Sale Amount: $292,592
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Mar 17, 2022
  • First Mortgage Loan Amount: $321,428
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2052

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
In Contract
House
3 Beds
2 Baths
1,775 ft²
$175/ft²
$310,000 Dec 8, 2023
-
$162/mo
House
3 Beds
2 Baths
2,259 ft²
$153/ft²
$346,500 Dec 8, 2023
-
$149/mo
House
2 Beds
2 Baths
1,760 ft²
$159/ft²
$280,000 Feb 15, 2024
-
$95/mo
House
4 Beds
2.5 Baths
2,240 ft²
$146/ft²
$327,500 Mar 1, 2024
-
-
House
2 Beds
2 Baths
1,595 ft²
$182/ft²
$290,000 Sep 8, 2023
-
$95/mo
Townhouse
3 Beds
2 Baths
1,825 ft²
$164/ft²
$300,000 Feb 4, 2021
-
-
In Contract
House
4 Beds
2.5 Baths
2,407 ft²
$137/ft²
$329,500 Mar 7, 2024
-
$162/mo
In Contract
House
4 Beds
2.5 Baths
2,442 ft²
$111/ft²
$269,900 Feb 21, 2024
-
$168/mo
Townhouse
2 Beds
2 Baths
1,745 ft²
$183/ft²
$320,000 Mar 9, 2024
-
-
Townhouse
2 Beds
2 Baths
1,596 ft²
$185/ft²
$295,000 Feb 4, 2021
-
-

About Poplar Grove


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Frequently Asked Questions

When was property at 4835 Palomino Trail built and last sold?
The property at 4835 Palomino Trail was built in 1994 and last sold on Mar 3, 2022 for $401,800.
How much is this home worth?
The estimated value of the home located at 4835 Palomino Trail is $324,285.
What are some comparable homes to 4835 Palomino Trail?
Homes that are comparable to 4835 Palomino Trail include a house property at 7550 Wildcat Run Lane, 8832 Faulkner Drive, 8514 Hemingway Drive.

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