NOT LISTED FOR SALE

1150 S Drexel Ave Indianapolis, IN 46203

Near Southeast Neighborhood

Estimated Value: $124,000 - $200,000

2 Beds
1 Bath
1,992 Sq Ft
$82/Sq Ft Est. Value

Last Sold April 12, 2019

Last sale price $32,500 $16 Per Sq Ft

Est. 405% increase in value since last sale

Current estimated payment $977/month

2 Days on Market

Highlights

  • Mature Trees
  • Formal Dining Room
  • Woodwork
  • Covered Patio or Porch
  • 2 Car Detached Garage
  • 1-Story Property

About This Home

As of April 2019

Investors Dream. This home will need a full rehab.

Last Agent to Sell the Property

Mark Jones

PMI Midwest License #RB14036355 Listed on: 03/25/2019

Last Buyer's Agent

Luis Coronel

Coronel Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $518

Year Built

  • Built in 1950

Lot Details

  • 871 Sq Ft Lot
  • Mature Trees

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 1,992 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Formal Dining Room
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Sump Pump
  • Basement Cellar

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 491016151020000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$518

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1950
  • Garage Y N: Yes
  • Lot Size Acres: 0.02
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Investors Dream. This home will need a full rehab.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Cellar
  • Appliances: Disposal
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Wood Work Painted
  • Living Area: 1992
  • Other Equipment: Sump Pump
  • Room Count: 8
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1500
  • Main Level Sq Ft: 1500
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1992
  • Below Grade Sq Ft: 492
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Stone,Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini,Driveway Gravel,Fence Full Rear
  • Foundation Details: Other
  • List Price: 34900
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Detached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491016151020000101
  • Acres: <1/4 Acre
  • Lot Information: Tree Mature
  • Lot Number: 0
  • Lot Size: 60x175

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 518
  • Semi Annual Property Tax Amt: 259
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2019
Closed on
Apr 11, 2019
Sold by
Timber Holdings Llc
Bought by
Correa Gerardo Cruz and Garcia Maria Castro
Seller's Agent
Mark Jones
PMI Midwest
Buyer's Agent
Luis Coronel
Coronel Realty Group
List Price
$32,500
Sold Price
$32,500
Current Estimated Value
$164,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,541
Avg. Annual Appreciation
26.53%

Purchase Details

Listed on
Mar 25, 2019
Closed on
Mar 1, 2019
Sold by
Ti Kc Bravo Llc
Bought by
Timber Real Estate Holdings Llc
Seller's Agent
Mark Jones
PMI Midwest
Buyer's Agent
Luis Coronel
Coronel Realty Group
List Price
$32,500
Sold Price
$32,500

Purchase Details

Closed on
Nov 3, 2018
Sold by
Marion County Sheriff
Bought by
Ti Kc Bravo Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Correa Gerardo Cruz -- None Available
Timber Holdings Llc -- None Available
Timber Real Estate Holdings Llc -- None Available
Timber Real Est Holdings Llc -- None Available
Ti Kc Bravo Llc $49,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thistlethwaite Richard W $1,380
Previous Owner Thistlethwaite Richard W $61,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2019 04/12/19 Sold $32,500 0.0% $16 / Sq Ft
03/28/2019 03/28/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $32,500 -- $16 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

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 $1,231 $118,600 $10,800 $107,800
2023 $1,231 $127,800 $10,800 $117,000
2022 $1,406 $116,000 $10,800 $105,200
2021 $867 $83,600 $10,800 $72,800
2020 $782 $79,400 $10,800 $68,600
2019 $729 $75,700 $6,700 $69,000
2018 $624 $72,400 $6,700 $65,700
2017 $539 $69,700 $6,700 $63,000
2016 $492 $66,500 $6,700 $59,800
2014 $449 $70,900 $6,700 $64,200
2013 $462 $72,300 $6,700 $65,600
Source: Public Records

Agents Affiliated with this Home

  • Mark Jones

    Seller's Agent in 2019

    Mark Jones

    PMI Midwest

    (463) 207-9326

    3 in this area

    135 Total Sales

    Mark Jones
    Section Image

  • L

    Buyer's Agent in 2019

    Luis Coronel

    Coronel Realty Group

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21628830

MIBOR Broker Listing Cooperative®

APN: 49-10-16-151-020.000-101

Indiana Marion County Indianapolis 46203 Near Southeast

1150 S Drexel Ave, Indianapolis, IN

This home is located at 1150 S Drexel Ave, Indianapolis, IN 46203 since 25 March 2019 and is currently estimated at $164,041, approximately $82 per square foot. This property was built in 1950. 1150 S Drexel Ave is a home located in Marion County with nearby schools including Paul I. Miller School No. 114, Arlington Community Middle School, and Arsenal Technical High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. 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. Some IDX listings have been excluded from this website.

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