NOT LISTED FOR SALE

1217 Madeira St Indianapolis, IN 46203

Near Southeast Neighborhood

Estimated Value: $167,000 - $175,000

3 Beds
2 Baths
1,480 Sq Ft
$115/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $160,000 $108 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $922/month

9 Days on Market

Highlights

  • Ranch Style House
  • Kitchen Island
  • Family or Dining Combination
  • No HOA
  • Forced Air Heating System

About This Home

As of June 2024

This is an affordable housing build developed by Southeast Neighborhood Development (SEND). Buyer's income must qualify under current HUD Income Limits. Property must be owner-occupied. INCOME RESTRICTIONS APPLY WITHOUT EXCEPTION! HUD HOME Program Income Limits - total combined household income of all members 18+ cannot exceed the following income thresholds: Household of 1: $54,150, Household of 2: $61,900, Household of 3: $69,650, Household of 4: $77,350, Household of 5: $88,500, Household of 6: $89,750. All buyers must apply at SEND (Southeast Neighborhood Development) website and qualify before an offer will be accepted. Buyer's monthly housing cost cannot exceed 30% of total monthly income, as determined by the "Affordability Analysis" located in supplements. Buyer's lender should complete affordability analysis before agent submits an offer.

Last Agent to Sell the Property

Daniel McNeal

@properties Brokerage Email: dan@atpropertiesind.com License #RB19000327 Listed on: 05/07/2024

@properties

Last Buyer's Agent

Nellie McIntosh

Scott Estates

Scott Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $210

Year Built

  • Built in 2024

Lot Details

  • 4,182 Sq Ft Lot

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,480 Sq Ft Home
  • Vinyl Clad Windows
  • Family or Dining Combination
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Hosbrooks Prospect Subdivision

Listing and Financial Details

  • Tax Lot 69
  • Assessor Parcel Number 491017101091000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$210

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: Yes
  • Tax Year: 2023
  • Year Built: 2024
  • Building Area Total: 1480
  • Garage Y N: No
  • Lot Size Acres: 0.1
  • Subdivision Name: Hosbrooks Prospect
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: dan@atpropertiesind.com
  • Attribution Contact: dan@atpropertiesind.com
  • Special Features: 4098

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Bath Sinks Double Main, Center Island, Windows Vinyl
  • Living Area: 1480
  • Main Level Bedrooms: 3
  • Other Equipment: Smoke Alarm
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1480
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Builder
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Slab
  • List Price: 160000
  • Construction Stage: Completed

Utilities

  • Cooling: Central Electric
  • Electric: 200+ Amp Service
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level
  • 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: 4182
  • Parcel Number: 491017101091000101
  • Acres: <1/4 Acre
  • Price Acre: 1600000

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 210
  • Tax Lot: 69
  • Semi Annual Property Tax Amt: 105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
Jun 28, 2024
Sold by
Southeast Neighborhood Development Inc
Bought by
Scott-Wells Martha
Seller's Agent
Daniel McNeal
@properties
Buyer's Agent
Nellie McIntosh
Scott Estates
List Price
$160,000
Sold Price
$160,000
Views
122
Current Estimated Value
$169,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,835
Avg. Annual Appreciation
5.01%
Original Mortgage
$1,001
Outstanding Balance
$989
Interest Rate
6.94%
Estimated Equity
$168,846

Purchase Details

Closed on
Jan 13, 2022
Sold by
Renew Indianapolis Inc
Bought by
Southeast Neighborhood Development Inc

Purchase Details

Closed on
Jan 6, 2022
Sold by
Renew Indianapolis Inc
Bought by
Southeast Neighborhood Development Inc

Purchase Details

Closed on
Nov 10, 2021
Sold by
City Of Indianapolis Department Of Metro
Bought by
Renew Indianapolis Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Scott-Wells Martha $160,000 First American Title
Southeast Neighborhood Development Inc $5,775 Kinney Sheila
Renew Indianapolis Inc $5,775 Kinney Sheila
Southeast Neighborhood Development Inc $5,775 Kinney Sheila
Renew Indianapolis Inc $5,775 Kinney Sheila
Renew Indianapolis Inc $5,775 Kinney Sheila
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott-Wells Martha $1,001
Open Scott-Wells Martha $154,800
Previous Owner Southeast Neighborhood Develop $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $160,000 0.0% $108 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $160,000 -- $108 / 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 -- $165,700 $7,100 $158,600
2023 $211 $7,100 $7,100 $0
2022 $0 $7,100 $7,100 $0
2021 $211 $7,100 $7,100 $0
2020 $210 $7,100 $7,100 $0
2019 $61 $2,600 $2,600 $0
2018 $808 $2,600 $2,600 $0
2017 $1,920 $2,600 $2,600 $0
2016 $800 $2,600 $2,600 $0
2014 $56 $2,600 $2,600 $0
2013 $54 $2,600 $2,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Daniel McNeal

    Seller's Agent in 2024

    Daniel McNeal

    @properties

    (317) 902-3177

    19 in this area

    204 Total Sales

    Daniel McNeal
    Section Image

  • N

    Buyer's Agent in 2024

    Nellie McIntosh

    Scott Estates

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21975348

MIBOR Broker Listing Cooperative®

APN: 49-10-17-101-091.000-101

Indiana Marion County Indianapolis 46203 Near Southeast

1217 Madeira St, Indianapolis, IN

This home is located at 1217 Madeira St, Indianapolis, IN 46203 since 07 May 2024 and is currently estimated at $169,835, approximately $114 per square foot. This property was built in 2024. 1217 Madeira St 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.

Nearby Homes