See Home Value
Indianapolis 46220 Millersville
4923 Kessler Boulevard East Drive
$726,553*
House - Off Market

4923 Kessler Boulevard East Drive

Indianapolis, IN 46220
bedrooms
7 Beds
bathrooms
8 Baths, 1 Half Bath
square feet
29500 Sqft
$621,000 - $759,000
Reference Base Price*
5.30%
Since Mar 1, 2022
National-US
Primary Model
Sold Mar 04, 2022
$660,000
Sold Feb 24, 2022
$660,000

About This Property

The one-of-a-kind, Kessler Mansion is back on the market and Priced to sell! Multiple Living units offer potential for multi-family, rental income and an amazing Airbnb opportunity with proven results.   One of the most unique pieces of real estate in Indianapolis. The property includes main house, guest home, ballroom,conference center,pool and poolhouse. Also includes 2 story apartment and several storage garages on-site. The home is priced at a level significantly below appraised value. The square footage and amenities offered are simply not available for this location and the price listed. 5 buildings on property main house,guest house, pool house, apartment & 2 story ball room.  Serious buyer's only.

The manager has listed the unit size as 29500 square feet.
Unit Size
29,500Ft²
Days on Market
-
Land Size
1.66 acres
Price per sqft
$23
Property Type
House
Property Taxes
$73
HOA Dues
-
Year Built
1956

Price History

Date / Event Date Event Price
Feb 15, 2022 No longer available -
No longer available
Jan 12, 2022 In contract -
In contract
Oct 13, 2021 Relisted $690,000
Relisted
Aug 20, 2021 In contract -
In contract
Jul 30, 2021 Listed $690,000
Listed

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 2002
  • Building Count: 4
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 34
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 2,790
  • Garage Type: Detached
  • Garage Square Area: 546
  • Parking Space Count: 10
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 72,300
  • Lot Size Depth Feet: 4,820
  • Lot Size Frontage Feet: 3,000
  • Total Building Area: 24,235
  • Gross Building Area: 24,431
  • Building Area: 22,487
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 22,487
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SHACKELFORD S SURVEY
  • Land Acres: 1.66
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: PT SE1/4 S4 T16N R4E COMM SE COR 4-16-4 W 1302.01 N 1059.23 E 113 TO P.O.B. E 247 S 241 W 120 N 32 W 30 S 32 W97 N 241 TO BEG 1.34 AC.

Ownership

  • Current Owner : SPANN ALEXANDER REIG LLC
  • Previous Owner : CHAD FOLKENING
  • Owner Before Previous Owner: CHAD FOLKENING
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 30, 2024

Neighborhood

  • School District Name: Washington Township Metropolitan School District
  • Census Tract: 321400

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2121-A5
  • District: 0008
  • Section: 4016004
  • Subdivision Tract Number: 4
  • Parcel: 49-07-04-100-037.000-800
  • Meridian: SEC 4 TWN 16N RNG 4E
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8576
  • Longitude: -86.0879

    Address

  • Full Address: 4923 Kessler Boulevard East Dr
  • Address - House Number: 4923
  • Address - Street Name: Kessler Boulevard East
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C020
  • 4-Digit Zip Code: 5350
  • Zip Code: 46220

Valuation

    Tax

  • Total Area: 8,378
  • Tax Year: 2022
  • Tax Amount: $30,903
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 800

    Appraisal Valuation

  • Standard Deviation: 0.2242
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 1,546,774
  • High Value: 1,893,586
  • Low Value: 1,199,962

    Market Valuation

  • Market Total Value: $1,371,300
  • Market Land Value: $95,100
  • Market Improvement Value: $1,276,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,371,300
  • Assessed Land Value: $95,100
  • Assessed Improvements Value: $1,276,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 03, 2022
  • Current Sale Recording Date: Mar 04, 2022
  • Current Sale Transaction ID: 11880755497
  • Current Sale Price: $660,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 27189
  • Previous Sale Recording Date: Feb 24, 2022
  • Previous Sale Contract Date: Feb 03, 2022
  • Previous Sale Amount: $660,000
  • Previous Sale Document Type: Warranty Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Millersville


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Frequently Asked Questions

When was property at 4923 Kessler Boulevard East Drive built and last sold?
The property at 4923 Kessler Boulevard East Drive was built in 1956 and last sold on Feb 3, 2022 for $660,000.
How much is this home worth?
The estimated value of the home located at 4923 Kessler Boulevard East Drive is $696,900.
What are some comparable homes to 4923 Kessler Boulevard East Drive?
There are currently no comparable homes to 4923 Kessler Boulevard East Drive.

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