NOT LISTED FOR SALE

Estimated Value: $75,000 - $114,000

2 Beds
1 Bath
920 Sq Ft
$111/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $89,900 $98 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $687/month

30 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • 2 Car Detached Garage
  • Combination Kitchen and Dining Room

About This Home

As of January 2024

Exciting investment opportunity near the iconic Indianapolis Motor Speedway! This single-family residence, with 2 bedrooms and 1 bathroom, awaits a savvy investor's touch. Prime for renovations, the spacious living areas and bedrooms offer creative redesign possibilities. The bathroom and kitchen provide opportunities for modern updates. The property's proximity to the Speedway adds allure, making it an ideal location for racing enthusiasts. Seize the chance to transform this Westside gem into a standout property in a vibrant community. Act now and be part of the revitalization less than 2 miles from the Indianapolis Motor Speedway!

Last Agent to Sell the Property

Terry Young

Red Bridge Real Estate Brokerage Email: terry@redbridgerealestate.com License #RB23001645 Listed on: 12/20/2023

Last Buyer's Agent

Henry Sarmiento Interiano

eXp Realty, LLC

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,018

Year Built

  • Built in 1910

Lot Details

  • 3,877 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Gas Oven
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Abram F Groff's Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 490633102024000901

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,018

Year Built

Built in 1910

Lot Details

3,877 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1910
  • Building Area Total: 1296
  • Garage Y N: Yes
  • Lot Size Acres: 0.09
  • Subdivision Name: Abram F Groff'S
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: terry@redbridgerealestate.com
  • Attribution Contact: terry@redbridgerealestate.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Appliances: Gas Oven
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 56
  • Interior Amenities: Hardwood Floors
  • Living Area: 920
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 864
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Brick, Block
  • Disclosures: Not Applicable
  • Foundation Details: Block, Full

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 3877
  • Parcel Number: 490633102024000901
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1018
  • Tax Lot: 15
  • Semi Annual Property Tax Amt: 509

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2023
Closed on
Jan 30, 2024
Sold by
Simple Notes Inc
Bought by
Morazan Maria Dolores
Seller's Agent
Terry Young
Red Bridge Real Estate
Buyer's Agent
Henry Sarmiento Interiano
eXp Realty, LLC
List Price
$94,900
Sold Price
$89,900
Premium/Discount to List
-$5,000
-5.27%
Views
87
Current Estimated Value
$102,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,163
Avg. Annual Appreciation
6.11%
Original Mortgage
$71,920
Outstanding Balance
$65,317
Interest Rate
5.93%
Mortgage Type
Seller Take Back
Estimated Equity
$36,746

Purchase Details

Listed on
Dec 20, 2023
Closed on
Jan 26, 2024
Sold by
Simple Notes Inc
Bought by
Morazan Maria Dolores
Seller's Agent
Terry Young
Red Bridge Real Estate
Buyer's Agent
Henry Sarmiento Interiano
eXp Realty, LLC
List Price
$94,900
Sold Price
$89,900
Premium/Discount to List
-$5,000
-5.27%
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,920
Outstanding Balance
$65,317
Interest Rate
5.93%
Mortgage Type
Seller Take Back
Estimated Equity
$36,746

Purchase Details

Listed on
Dec 20, 2023
Closed on
Dec 11, 2023
Sold by
Wouster Michael
Bought by
Simple Quarters Llc
Seller's Agent
Terry Young
Red Bridge Real Estate
Buyer's Agent
Henry Sarmiento Interiano
eXp Realty, LLC
List Price
$94,900
Sold Price
$89,900
Premium/Discount to List
-$5,000
-5.27%
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,920
Outstanding Balance
$65,317
Interest Rate
5.93%
Mortgage Type
Seller Take Back
Estimated Equity
$36,746

Purchase Details

Listed on
Dec 20, 2023
Closed on
Dec 7, 2023
Sold by
Wouster Michael
Bought by
Simple Quarters Llc
Seller's Agent
Terry Young
Red Bridge Real Estate
Buyer's Agent
Henry Sarmiento Interiano
eXp Realty, LLC
List Price
$94,900
Sold Price
$89,900
Premium/Discount to List
-$5,000
-5.27%
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,920
Outstanding Balance
$65,317
Interest Rate
5.93%
Mortgage Type
Seller Take Back
Estimated Equity
$36,746

Purchase Details

Closed on
Aug 11, 2023
Sold by
Wouster Howard E
Bought by
Wouster Michael

Purchase Details

Closed on
Aug 9, 2023
Sold by
Wouster Howard E
Bought by
Montgomery Kathy

Purchase Details

Closed on
Dec 22, 2020
Sold by
Wouster Howard E
Bought by
Cox Rhonda and Cox Joshua D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Morazan Maria Dolores $89,900 None Listed On Document
Simple Notes Inc $89,900 None Listed On Document
Morazan Maria Dolores -- None Listed On Document
Simple Notes Inc -- None Listed On Document
Simple Quarters Llc -- Eagle Land Title
Simple Quarters Llc $55,000 Eagle Land Title
Wouster Michael -- None Listed On Document
Montgomery Kathy -- None Listed On Document
Cox Rhonda -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morazan Maria Dolores $71,920
Closed Morazan Maria Dolores $71,920
Previous Owner Simple Quarters Llc $50,000
Previous Owner Simple Quarters Llc $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2024 01/26/24 Sold $89,900 0.0% $98 / Sq Ft
01/20/2024 01/20/24 Pending -- -- --
01/09/2024 01/09/24 Price Changed $89,900 -5.3% $98 / Sq Ft
12/20/2023 12/20/23 For Sale $94,900 -- $103 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,867 $88,100 $2,200 $85,900
2023 $1,867 $75,000 $2,200 $72,800
2022 $1,883 $76,100 $2,200 $73,900
2021 $1,102 $44,100 $2,200 $41,900
2020 $339 $34,400 $2,200 $32,200
2019 $353 $35,900 $2,200 $33,700
2018 $273 $24,800 $2,200 $22,600
2017 $245 $24,500 $2,200 $22,300
2016 $228 $23,600 $2,200 $21,400
2014 $154 $21,300 $2,200 $19,100
2013 $190 $20,400 $2,200 $18,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21957378

MIBOR Broker Listing Cooperative®

APN: 49-06-33-102-024.000-901

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