2 months on rocket

5521 Mendenhall Rd, Indianapolis, IN, 46241

$500,000

3.08 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeBusiness
MLS #21996778
Lot Size3.08 Acres
StatusActive

About 5521 Mendenhall Rd

NEW TO THE MARKET in AmeriPlex Business Park! ONE OF THE BEST LAND IN THE AmeriPlex Business Park! Undeniably one of the most impressive LOT on the market today in this price point. Great development opportunity for trucking/small business companies and very accessible to I-70 + I-465 Located within AmeriPlex Business Park | Indianapolis developed by Holladay Properties Site 7A and 7B: 8.23 acres | DA Zoning. 5521 Mendenhall road (Site 7A) and 5546 Mendenhall road (Site 7B)

Property Details

Property Features

Listing Office:

  • Office Name: TJ Realty Inc.
  • Office Email: KAHLONKAMALJEET@GMAIL.COM
  • Listing Agent: Kamaljeet Kaur

Lot Features

Lot Information:

  • Lot Size: 3.08 Acres

School Info

Assigned Schools Information:

  • Decatur Central High School, Public District Grades 9-12
  • Decatur Discovery Academy, Public District Grades 7-12
  • Decatur Middle School, Public District Grades 7-8
  • West Newton Elementary School, Public District Grades 1-6

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000

Tax Information:

  • Annual Amount: $626
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Indianapolis, IN.

Med. Sold Price

$245K

Med. Price/SqFt

$138

Avg. Days On Market

25

# of Sold Homes

963

5521 Mendenhall Rd vs Indianapolis

73 DAYS ON ROCKET

+48 Days

$500,000

+$254.9K More

KEY TAKEAWAY

This property is $254.9K more than the Median Sold Price in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21996778

Listing Office:

  • Office Name: TJ Realty Inc.
  • Office Email: KAHLONKAMALJEET@GMAIL.COM
  • Listing Agent: Kamaljeet Kaur

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

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Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated on: 10/30/2024, 7:16:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020 - $17,300
2019$626$17,300
2018$627$17,300
2017$624$17,300

History based on county public records data.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-432465
4
/10
  • West Newton Elementary School

  • 7529 Mooresville Rd

  • 2.14 miles

  • Public District Grades 1-6

Middle School

school-card-donut-432466
4
/10
  • Decatur Middle School

  • 5108 S High School Rd

  • 0.89 miles

  • Public District Grades 7-8

High School

school-card-donut-432467
3
/10
  • Decatur Central High School

  • 5251 Kentucky Ave

  • 0.70 miles

  • Public District Grades 9-12

school-card-donut-432468
2
/10
  • Decatur Discovery Academy

  • 5106 S High School Rd

  • 1.01 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,314. Most Indianapolis, IN residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5521 Mendenhall Rd

What is the listing price of this property?

The listing price of 5521 Mendenhall Rd property is $500,000.

What type of property is this?

The property 5521 Mendenhall Rd is land located in Indianapolis, Indiana, 46241.

Is this property for sale now?

Active Listing: 5521 Mendenhall Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5521 Mendenhall Rd are:
West Newton Elementary School: GreatSchools Rating 4/10
Decatur Middle School: GreatSchools Rating 4/10
Decatur Central High School: GreatSchools Rating 3/10
Decatur Discovery Academy: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $626 (source: MLS/based on county public records data).

How much acreage is this property?

The property 5521 Mendenhall Rd is 3.08 acres.
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Rocket HomesIndianaMarion CountyIndianapolis462415521 Mendenhall Rd

This home is located at 5521 Mendenhall Rd in Indianapolis, IN and zip code 46241 in the Ameriplex neighborhood. This home sits on a 3.08 acre lot. It has been listed on Rocket Homes since August 18, 2024 and is currently priced at $500,000.

Indianapolis, IN housing market in September 2024 saw over 196 listings sold above listed price, more than 277 sold at listed price and over 490 sold below. The number of homes for sale in Indianapolis, IN decreased by 0.4% between August 2024 and September 2024. While the average time on the market in September 2024 was 25 days, the median list price was $245,027.

From Rocket Homes Real Estate and based on county public records data.

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