See Home Value
$468,225*
House - Off Market

6590 East Payne Road

Indianapolis, IN 46203
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2016 Sqft
$383,000 - $467,000
Reference Base Price*
10.17%
Since Jan 1, 2022
National-US
Primary Model
Sold Jan 03, 2022
$405,000
Buyer
Seller
$344,250 by Horizon Bank
Mortgage Due Jan 01, 2052
Sold Jul 03, 2014
$189,100
$186,558 by Cherry Creek Mortgage Co Inc
Mortgage Due Jul 01, 2044

About This Property

Rare opportunity to own nearly 10 acres in Franklin Twp! With this full brick ranch you'll get country living w/ the convenience of a city address! Home offers 3 bedrooms, 2 baths, pond w/ gazebo and deck, plus 32x24 pole barn. Stroll through your personal retreat w/ this tree lined property which is the last house on a private, dead end street. Some interior features include vaulted ceilings, original hardwood floors in the bedrooms, updated baths, new carpet. Entertain friends & family in the large great room featuring a full stone wall fireplace or one of the many outdoor seating areas. The large dining area could easily function as flex space, giving you another living area. Plenty of room to add pastures & stalls for the horse lovers!

The manager has listed the unit size as 2016 square feet.
Unit Size
2,016Ft²
Days on Market
-
Land Size
9.81 acres
Price per sqft
$211
Property Type
House
Property Taxes
$251
HOA Dues
-
Year Built
1988

Price History

Date / Event Date Event Price
Jan 3, 2022 Sold to Travis W Lee $457,852
Sold to Travis W Lee
Dec 17, 2021 No longer available -
No longer available
Nov 16, 2021 In contract -
In contract
Nov 1, 2021 Price Decreased $425,000
↓ $25K (5.5%)
Price Decreased
Oct 5, 2021 Price Decreased $449,900
↓ $10K (2.2%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 8
  • 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: 613
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 427,411
  • Total Building Area: 2,629
  • Gross Building Area: 2,629
  • Building Area: 2,016
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,016
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: NA
  • Land Acres: 9.812
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: PT SW1/4 NE1/4 & PT SE1/4 NW1/4 S26 T15 R4 BEG1047.75FT W OF NE COR SW1/4 NE1/4 S 200FT E100FT S 266.08FT SWRLY 794.71FT N 802.5FT E605.3FT TO BEG 9.812AC

Ownership

  • Current Owner : LEE TRAVIS W
  • Previous Owner : AMBER REDDY
  • Owner Before Previous Owner: BOYER CATHRYN C
  • Owner Before Previous Owner 2: CLINE REVOCABLE LIVIN BEULAH L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Township Community School Corporation
  • Census Tract: 390102

Geography

  • Assessors Map Reference: 2448-D3
  • District: 0003
  • Section: 260
  • Parcel: 49-10-26-104-003.000-300
  • Meridian: SEC 26 TWN 15 RNG 4
  • Municipality: FRANKLIN TOWNSHIP
  • Latitude: 39.7201
  • Longitude: -86.0531

    Address

  • Full Address: 6590 E Payne Rd
  • Address - House Number: 6590
  • Street Direction: E
  • Address - Street Name: Payne
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: R073
  • 4-Digit Zip Code: 6145
  • Zip Code: 46203

Valuation

    Tax

  • Total Area: 2,016
  • Tax Year: 2022
  • Tax Amount: $5,671
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.2049
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 72
  • Final Value: 454,434
  • High Value: 547,589
  • Low Value: 361,280

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $344,250
  • First Open Lien Mortgage Lender: HORIZON BANK
  • First Open Lien Mortgage Recording Date: Jan 03, 2022
  • First Open Lien Mortgage Loan Amount: $344,250
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $405,600
  • Market Land Value: $96,100
  • Market Improvement Value: $309,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $405,600
  • Assessed Land Value: $96,100
  • Assessed Improvements Value: $309,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 15, 2021
  • Current Sale Recording Date: Jan 03, 2022
  • Current Sale Transaction ID: 11876976535
  • Current Sale Price: $405,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 26
  • Previous Sale Recording Date: Jul 03, 2014
  • Previous Sale Contract Date: Jun 27, 2014
  • Previous Sale Amount: $189,100
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HORIZON BANK
  • First Mortgage Transaction Date: Jan 03, 2022
  • First Mortgage Loan Amount: $344,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CHERRY CREEK MORTGAGE CO INC
  • Previous Mortgage Transaction Date: Jul 03, 2014
  • Previous Mortgage Loan Amount: $186,558
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2044



Comparables

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

About Southeast Indianapolis


Similar Homes for Sale

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Nearby Rentals

Unit for rent at

$1,599 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,476 ft²
Listing by Paramjit Kaur
Unit for rent at

$1,525 /mo

  • 3 Beds
  • 2 Baths
  • 1,250 ft²
Listing by Manager
Unit for rent at

$1,595 /mo

  • 3 Beds
  • 2 Baths
  • 1,610 ft²
Listing by Manager


Frequently Asked Questions

When was property at 6590 East Payne Road built and last sold?
The property at 6590 East Payne Road was built in 1988 and last sold on Dec 15, 2021 for $405,000.
How much is this home worth?
The estimated value of the home located at 6590 East Payne Road is $428,652.
What are some comparable homes to 6590 East Payne Road?
There are currently no comparable homes to 6590 East Payne Road.

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