NOT LISTED FOR SALE

1224 E 49th St Indianapolis, IN 46205

Fairgrounds Neighborhood

Estimated Value: $136,000 - $200,000

2 Beds
2 Baths
1,554 Sq Ft
$116/Sq Ft Est. Value

Last Sold January 15, 2016

Last sale price $81,900 $53 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,117/month

8 Days on Market

Highlights

  • Mature Trees
  • Woodwork
  • 1-Story Property
  • Formal Dining Room
  • Bungalow
  • Forced Air Heating and Cooling System

About This Home

As of January 2016

All-brick Broadripple bungalow on a private lot! Original hardwoods & character, plus tons of updates. Newer windows, kitchen cabinets, ceramic tile, lighting & more. Adorable breakfast nook has glass French door that leads out to the fully-fenced yard. Basement offers tons of room, including storage, laundry area, full bathroom, and a full-egress window. This home is bright, cheery, and waiting for you!

Last Agent to Sell the Property

Cate Waggoner-Lee

RE/MAX Advanced Realty License #RB14035942 Listed on: 11/13/2015

RE/MAX Advanced Realty

Co-Listed By

Tim Goff

Goff Group Realty, LLC License #RB14047259

Last Buyer's Agent

Amanda Hadley

RE/MAX Centerstone

RE/MAX Centerstone

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $306

Year Built

  • Built in 1952

Lot Details

  • 6,534 Sq Ft Lot
  • Back Yard Fenced
  • Mature Trees

Parking

  • Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,554 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Formal Dining Room
  • Fire and Smoke Detector

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 490707117060000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$306

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1952
  • Co List Office Phone: 317-888-3311
  • Garage Y N: Yes
  • Lot Size Acres: 0.15
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: All-brick Broadripple bungalow on a private lot! Original hardwoods & character, plus tons of updates. Newer windows, kitchen cabinets, ceramic tile, lighting & more. Adorable breakfast nook has glass French door that leads out to the fully-fenced yard. Basement offers tons of room, including storage, laundry area, full bathroom, and a full-egress window. This home is bright, cheery, and waiting for you!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Appliances: Dishwasher, Disposal
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Interior Amenities: Wood Work Painted
  • Living Area: 1554
  • Other Equipment: Smoke Detector
  • Room Count: 8
  • Areas Interior: Laundry in Basement
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 777
  • Main Level Sq Ft: 777
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Main Level
  • Total Sq Ft: 1554
  • Below Grade Sq Ft: 777
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 25-50%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Fence Full Rear
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Construction Stage: Resale
  • Porch: Open Patio,Porch Open

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Detached
  • Garage Parking Other: Service Door

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Gas Available
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490707117060000801
  • Acres: <1/4 Acre
  • Lot Information: Tree Mature
  • Lot Number: 28
  • Lot Size: 44x153

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 306
  • Semi Annual Property Tax Amt: 153
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2015
Closed on
Jan 15, 2016
Sold by
Stephens Teresa E
Bought by
Rees Mark
Seller's Agent
Cate Waggoner-Lee
RE/MAX Advanced Realty
Buyer's Agent
Amanda Hadley
RE/MAX Centerstone
List Price
$79,900
Sold Price
$81,900
Premium/Discount to List
$2,000
2.5%
Current Estimated Value
$179,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,997
Avg. Annual Appreciation
8.19%
Original Mortgage
$65,520
Outstanding Balance
$52,126
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$127,771

Purchase Details

Listed on
Apr 27, 2011
Closed on
May 30, 2012
Sold by
Easter Mark
Bought by
Stephens Teresa E
Seller's Agent
Alexander Mirkin
Mirkin Real Estate Svc, LLC
Buyer's Agent
Christopher Jones
Keller Williams Indy
List Price
$44,700
Sold Price
$44,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.15%
Original Mortgage
$44,700
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2010
Sold by
Fannie Mae
Bought by
Easter Mark

Purchase Details

Closed on
Jul 12, 2010
Sold by
Wells Fargo Bank N A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 2, 2010
Sold by
Thurman Mario
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Jun 28, 2006
Sold by
Herseh Erna L
Bought by
Thurman Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,500
Interest Rate
6.73%
Mortgage Type
New Conventional
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
Rees Mark -- First American Title Ins Co
Stephens Teresa E -- None Available
Easter Mark -- None Available
Federal National Mortgage Association -- None Available
Wells Fargo Bank N A $57,436 None Available
Thurman Mario -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rees Mark $65,520
Previous Owner Stephens Teresa E $44,700
Previous Owner Thurman Mario $51,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2016 01/15/16 Sold $81,900 +2.5% $53 / Sq Ft
11/22/2015 11/22/15 Pending -- -- --
11/13/2015 11/13/15 For Sale $79,900 +78.7% $51 / Sq Ft
05/31/2012 05/31/12 Sold $44,700 0.0% $58 / Sq Ft View Prior Sale
05/31/2012 05/31/12 Pending -- -- --
04/27/2011 04/27/11 For Sale $44,700 -- $58 / 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 $2,109 $91,800 $29,900 $61,900
2023 $2,109 $85,200 $29,900 $55,300
2022 $2,083 $85,200 $29,900 $55,300
2021 $1,925 $79,800 $9,900 $69,900
2020 $1,817 $74,900 $9,900 $65,000
2019 $1,721 $69,500 $9,900 $59,600
2018 $1,749 $70,100 $9,900 $60,200
2017 $1,355 $60,200 $9,900 $50,300
2016 $1,228 $55,600 $9,900 $45,700
2014 $306 $54,100 $9,900 $44,200
2013 $418 $51,300 $9,900 $41,400
Source: Public Records

Agents Affiliated with this Home

  • Cate Waggoner-Lee

    Seller's Agent in 2016

    Cate Waggoner-Lee

    RE/MAX Advanced Realty

    (317) 430-3890

    160 Total Sales

    Cate Waggoner-Lee
    Section Image
  • Tim Goff

    Seller Co-Listing Agent in 2016

    Tim Goff

    Goff Group Realty, LLC

    (317) 716-5524

    44 Total Sales

    Tim Goff
    Section Image

  • A

    Buyer's Agent in 2016

    Amanda Hadley

    RE/MAX

    Section Image
  • Alexander Mirkin

    Seller's Agent in 2012

    Alexander Mirkin

    Mirkin Real Estate Svc, LLC

    (317) 946-1444

    25 Total Sales

    Alexander Mirkin
    Section Image

  • C

    Buyer's Agent in 2012

    Christopher Jones

    Keller Williams Indy

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21387434

MIBOR Broker Listing Cooperative®

APN: 49-07-07-117-060.000-801

Indiana Marion County Indianapolis 46205 Fairgrounds

1224 E 49th St, Indianapolis, IN

Not Listed for Sale

Detached

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