Last Sold Price
3 beds2,608 sqft$163/sqft
508 E County Line Rd, Indianapolis, IN 46227

Description

Located on County Line Road - half a block east of SR 135/Meridian Street- Commercial Perry Twp/Greenwood 4 Acre Property with 238.5' Road Frontage. Currently 1952 Farmhouse/Residence/Horse Farm w/ Large Outbuildings (2000 Sqft Pole Barn & 600 sf Barn & 572 sf Detached Garage) Property is nestled between Established Condo Neighborhood & Established Apartment Complex. Growing Area with lots of traffic - near Walgreens, Commercial Complexes, Grocery, Greenwood Park Mall, US 31Located on County Line Road - half a block east of SR 135/Meridian Street- Commercial Perry Twp/Greenwood 4 Acre Property with 238.5' Road Frontage. Currently 1952 Farmhouse/Residence/Horse Farm w/ Large Outbuildings (2000 Sqft Pole Barn & 600 sf Barn & 572 sf Detached Garage) Property is nestled between Established Condo Neighborhood & Established Apartment Complex. Growing Area with lots of traffic - near Walgreens, Commercial Complexes, Grocery, Greenwood Park Mall, US 31
LISTING CLOSED: 04/21/2023 12:00 AM

  1. Listed by Jeffrey Paxson • Jeff Paxson Team
    P: (317) 679-2121 jeff@jeffpaxson.com

Property Details for 508 East County Line Road

Status
MLS #
21877977
Days on Market
57
Taxes
$1,989 semi-annually
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1952
Lot Size
4.16 AC / 181,253 SF
Architectural Style
TraditonalAmerican
Subdivision Name
No Subdivision
Township
Perry

Recent comparable sales

Median sold price

$348,000

Avg days on market

47

Sale-to-list ratio

97.4%

Indianapolis, IN

9 comparable properties found

$315,000 | 7224 South East Street, Indianapolis, IN 46227
1/38
1

$315,000

Sold 05/18/26

3
Bedrooms
2,622
Square Feet
0.98
Acres
$235,000 | 210 Dixie Drive, Indianapolis, IN 46227
1/44
2

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Sold 09/02/24

3
Bedrooms
2,352
Square Feet
0.5
Acres
$387,000 | 8327 Hi Vu Drive, Indianapolis, IN 46227
1/39
3

$387,000

Sold 09/04/24

3
Bedrooms
2,370
Square Feet
0.51
Acres
4

$417,500

Sold 10/10/25

3
Bedrooms
2,447
Square Feet
0.32
Acres
$240,000 | Undisclosed Address, Indianapolis, IN 46227
1/3
5

$240,000

Sold 12/15/25

3
Bedrooms
2,240
Square Feet
0.4
Acres
$365,000 | 361 Country Woods Drive, Indianapolis, IN 46217
1/24
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Sold 04/29/26

3
Bedrooms
2,395
Square Feet
0.27
Acres
$348,000 | 8408 Valley Estates Drive, Indianapolis, IN 46227
1/67
7

$348,000

Sold 03/10/25

3
Bedrooms
2,736
Square Feet
0.31
Acres
$195,000 | 1607 East Stop 12 Road, Indianapolis, IN 46227
1/20
8

$195,000

Sold 05/15/26

3
Bedrooms
2,376
Square Feet
0.88
Acres
$380,000 | 744 Gilbert Avenue, Indianapolis, IN 46227
1/48
9

$380,000

Sold 11/03/25

3
Bedrooms
2,405
Square Feet
0.71
Acres

Location

Listing Courtesy of Jeff Paxson Team

Sold By Jeff Paxson Team

Add your commute

Building Information for 508 East County Line Road

Stories-Year Built1952Building Size-Lot Size4.16 AC / 181,253 SF

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$2,492 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,160

Property Taxes

$332

HOA Dues

$0

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Property Information for 508 East County Line Road

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: FROM SR 135 & COUNTY LINE RD - WEST ON COUNTY LINE RD TO HOME ON THE LEFT
  • Postal Code: 46227
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 491424117079000500
  • Semi Annual Property Tax Amt: 1989
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption,Other Tax Exemption/See Remarks
  • Tax Year: 2021
  • TaxLot: 0
School Information
  • School District: Perry Township Schools
Parking
  • Garage YN: Yes
  • Garage Spaces: 2.0
  • Garage SqFt: 572
Property
Lot Information
  • Acreage: 3-5 Acres
  • Lot Description: Mature Trees
  • Lot Size Square Feet: 181253.0
  • Lot Size Acres: 4.161
  • Main Level SqFt: 1304
  • MLS: MIBOR
  • New Construction: False
  • Sqft Total: 1304.0
  • Sq Ft Total: 2608.0
  • Year Built Numeric: 1952
  • Below Grade Finished Area: 163.0
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Inspection Warranties: Lead Base Paint
  • Legal Subdivision: PT SW1/4 SE1/4 S24 T14 R3 BEG SW COR N 760.06'E 238.50' S 760.06' W 238.50' TO BEG4.161 ACRES
  • Photos Count: 16
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
  • Buyer Financing: Conventional
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: No
  • Water Source: Private Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Exterior Features: Barn Mini, Barn Pole, Barn Storage
  • Foundation Details: Block
  • Fencing: Partial
Interior Features
  • Appliances: Electric Oven, MicroHood, Gas Water Heater
  • Areas Interior: Bedroom Other on Main
  • Basement Description: Unfinished, Sump Pump
  • Basement YN: Yes
  • Cooling: Central Electric
  • Eating Area: Dining Combo/Kitchen
  • Fireplace Features: Gas Log
  • Fireplaces Total: 1
  • Heating: Forced Air, Gas
  • Interior Features: Attic Access, Hardwood Floors, Eat-in Kitchen
  • Levels: One
  • Additional Equipment: Smoke Alarm
  • Room List: Living Room, Kitchen, Primary Bedroom, Bedroom 2, Bedroom 3, Dining Room
  • Room and Features: Living Room-Main-Carpet, Kitchen-Main-Vinyl, Primary Bedroom-Main-Carpet, Bedroom 2-Main-Carpet, Bedroom 3-Main-Carpet, Dining Room-Main-Carpet
  • Main Level Bedrooms: 3
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 1
Room Information
Room Information
  • Rooms MU: 6
  • Rooms Total MU: 6
  • Total Rooms: 7
Room 1
  • Room Level: Main
  • Room Dimensions: 13x12
  • Room Features: Carpet
  • Room Type: Living Room
Room 2
  • Room Level: Main
  • Room Dimensions: 12x11
  • Room Features: Vinyl
  • Room Type: Kitchen
Room 3
  • Room Level: Main
  • Room Dimensions: 12x11
  • Room Features: Carpet
  • Room Type: Primary Bedroom
Room 4
  • Room Level: Main
  • Room Dimensions: 11x11
  • Room Features: Carpet
  • Room Type: Bedroom 2
Room 5
  • Room Level: Main
  • Room Dimensions: 10x10
  • Room Features: Carpet
  • Room Type: Bedroom 3
Room 6
  • Room Level: Main
  • Room Dimensions: 11x10
  • Room Features: Carpet
  • Room Type: Dining Room
Bathrooms
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Count: 1
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 3
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 3
  • Bedrooms MU: 3
  • Bedrooms Total: 3

Property History for 508 East County Line Road

DateEvent & SourcePriceAppreciation
Apr 21, 2023

Sold

MIBORMLS #21877977

$425,000
Apr 20, 2023

Sold (Public Record)

Public Record #1511005811

$425,000
Oct 13, 2022

Pending

MIBORMLS #21877977

DateEvent & SourcePrice
04/21/2023

Sold

MIBORMLS #21877977

$425,000
04/20/2023

Sold (Public Record)

Public Record #1511005811

$425,000
10/13/2022

Pending

MIBORMLS #21877977

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 508 East County Line Road

Taxable ValueLand$44,800Additions$294,200Total$339,000
Tax Record2024$7,987 ($666 / month)
Home Facts
Beds3Total Finished SqFt1,956 SqFtAbove Grade Finished SqFt1,956 SqFtStories1Lot Size181,253 SqFtStyleSingle Family ResidenceYear Built1951Year Renovated1975ZoningZO01CountyMARIONAPN49-14-24-117-079.000-500

Schools near 508 East County Line Road

This home is within Perry Township Schools.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Douglas Macarthur Elementary School
Public1 to 5

Perry Meridian 6th Grade Academy
Public6

Perry Meridian Middle School
Public7 to 8

Perry Meridian High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Jeff Paxson Team

Based on information submitted to the MLS GRID as of 04/21/2023 12:06 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.