NOT LISTED FOR SALE

1156 Bacon St Indianapolis, IN 46227

University Heights Neighborhood

Estimated Value: $96,000 - $148,000

4 Beds
1 Bath
1,959 Sq Ft
$68/Sq Ft Est. Value

Last Sold October 25, 2023

Last sale price $104,000 $53 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $901/month

2 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Forced Air Heating System
  • No HOA
  • Woodwork

About This Home

As of October 2023

Discover the potential of this 4-bedroom, 1-bathroom single-family residence awaiting your creative touch. This diamond in the rough is primed for transformation into a dream home or lucrative investment. With a little TLC, this property can shine again, offering spacious living areas and a large backyard. Unlock its hidden value and reap the rewards. Act fast, this is your chance to make it your own or turn it into a profitable venture!

Last Agent to Sell the Property

Terry Young

Red Bridge Real Estate Brokerage Email: terry@redbridgerealestate.com Listed on: 10/02/2023

Last Buyer's Agent

Luis Coronel

Coronel Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,704

Year Built

  • Built in 1935

Lot Details

  • 3,703 Sq Ft Lot

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Woodwork
  • Formal Dining Room
  • Wood Flooring
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 94
  • Assessor Parcel Number 491030122001016501

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,704

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1935
  • Building Area Total: 2085
  • Garage Y N: No
  • Lot Size Acres: 0.09
  • Subdivision Name: No Subdivision
  • 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: None
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 18
  • Interior Amenities: Hardwood Floors, WoodWorkStain/Painted
  • Living Area: 1959
  • Main Level Bedrooms: 1
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1091
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 850
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding, Wood
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 109900

Garage/Parking

  • Garage Sq Ft: 0

Utilities

  • Cooling: None
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Lot Size Sq Ft: 3703
  • Parcel Number: 491030122001016501
  • Acres: <1/4 Acre
  • Price Acre: 1155556

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1704
  • Tax Lot: 94
  • Semi Annual Property Tax Amt: 852

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2023
Closed on
Oct 25, 2023
Sold by
Simple Notes Inc
Bought by
Francisco Salatiel Venancio
Seller's Agent
Terry Young
Red Bridge Real Estate
Buyer's Agent
Luis Coronel
Coronel Realty Group
List Price
$109,900
Sold Price
$104,000
Premium/Discount to List
-$5,900
-5.37%
Views
26
Current Estimated Value
$132,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,598
Avg. Annual Appreciation
13.05%
Original Mortgage
$78,000
Outstanding Balance
$74,399
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$58,199

Purchase Details

Listed on
Oct 2, 2023
Closed on
Oct 20, 2023
Sold by
Simple Notes Inc
Bought by
Venancio Francisco Salatiel
Seller's Agent
Terry Young
Red Bridge Real Estate
Buyer's Agent
Luis Coronel
Coronel Realty Group
List Price
$109,900
Sold Price
$104,000
Premium/Discount to List
-$5,900
-5.37%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Outstanding Balance
$74,399
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$58,199

Purchase Details

Listed on
Oct 2, 2023
Closed on
Sep 22, 2023
Sold by
Stander Sabastian
Bought by
Simple Quarters Llc
Seller's Agent
Terry Young
Red Bridge Real Estate
Buyer's Agent
Luis Coronel
Coronel Realty Group
List Price
$109,900
Sold Price
$104,000
Premium/Discount to List
-$5,900
-5.37%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Outstanding Balance
$74,399
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$58,199
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
Francisco Salatiel Venancio -- None Listed On Document
Simple Notes Inc -- None Listed On Document
Venancio Francisco Salatiel $104,000 None Listed On Document
Simple Notes Inc $104,000 None Listed On Document
Simple Quarters Llc -- Quality Title
Stander Sabastian -- Quality Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francisco Salatiel Venancio $78,000
Closed Venancio Francisco Salatiel $78,000
Closed Simple Quarters Llc $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2023 10/25/23 Sold $104,000 -5.4% $53 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
10/02/2023 10/02/23 For Sale $109,900 +75.8% $56 / Sq Ft
09/25/2023 09/25/23 Sold $62,500 0.0% $32 / Sq Ft View Prior Sale
04/18/2023 04/18/23 Off Market $62,500 -- --
03/30/2023 03/30/23 Pending -- -- --
04/01/2022 04/01/22 Pending -- -- --
10/09/2020 10/09/20 Off Market $62,500 -- --
09/28/2020 09/28/20 For Sale $75,000 +20.0% $39 / Sq Ft
08/27/2020 08/27/20 Off Market $62,500 -- --
08/13/2020 08/13/20 For Sale $75,000 +20.0% $39 / Sq Ft
08/05/2020 08/05/20 Off Market $62,500 -- --
08/04/2020 08/04/20 For Sale $75,000 -- $39 / 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 $2,372 $107,300 $7,600 $99,700
2023 $2,372 $97,100 $7,600 $89,500
2022 $2,122 $87,000 $7,600 $79,400
2021 $1,772 $73,900 $7,600 $66,300
2020 $1,599 $66,200 $7,600 $58,600
2019 $1,108 $44,200 $4,600 $39,600
2018 $1,011 $39,800 $4,600 $35,200
2017 $892 $39,100 $4,600 $34,500
2016 $838 $37,400 $4,600 $32,800
2014 $832 $38,500 $4,600 $33,900
2013 $800 $38,500 $4,600 $33,900
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Terry Young

    Red Bridge Real Estate

    (765) 335-1905

    7 in this area

    317 Total Sales

    Terry Young
    Section Image

  • J

    Seller's Agent in 2023

    Joe Bottorff

    Dropped Members

    Section Image

  • L

    Buyer's Agent in 2023

    Luis Coronel

    Coronel Realty Group

    Section Image

  • H

    Buyer's Agent in 2023

    Heather Bottorff Harmon

    Doc Real Estate, Inc

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21946566

MIBOR Broker Listing Cooperative®

APN: 49-10-30-122-001.016-501

Indiana Marion County Indianapolis 46227 University Heights

1156 Bacon St, Indianapolis, IN

This home is located at 1156 Bacon St, Indianapolis, IN 46227 since 02 October 2023 and is currently estimated at $132,598, approximately $67 per square foot. This property was built in 1935. 1156 Bacon St is a home located in Marion County with nearby schools including Eleanor Skillen School No. 34, Ralph Waldo Emerson School 58, and George W. Julian School No. 57.

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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