NOT LISTED FOR SALE

1242 S Belmont Ave Indianapolis, IN 46221

West Indianapolis Neighborhood

Estimated Value: $58,000 - $132,319

2 Beds
1 Bath
1,942 Sq Ft
$54/Sq Ft Est. Value

About This Home

This home is located at 1242 S Belmont Ave, Indianapolis, IN 46221 and is currently estimated at $104,580, approximately $53 per square foot. 1242 S Belmont Ave is a home located in Marion County with nearby schools including Daniel Webster School 46, George Washington Community High School (9-12), and Arsenal Technical High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2025
Sold by
Gateholder Llc
Bought by
Ironwell Properties Llc
Current Estimated Value
$104,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$978,600
Outstanding Balance
$978,600
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$880,105

Purchase Details

Closed on
Aug 1, 2023
Sold by
Graves Dennis
Bought by
Gateholder Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.67%

Purchase Details

Closed on
Jun 14, 2018
Sold by
Michelle Didion
Bought by
Dennis Graves

Purchase Details

Closed on
Oct 16, 2017
Sold by
Graves Micheal Anthony
Bought by
Didion Michelle

Purchase Details

Closed on
Oct 2, 2009
Sold by
Graves Sandra and Chance Brent A
Bought by
Graves Sandra
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Ironwell Properties Llc -- None Listed On Document
Gateholder Llc $55,000 None Listed On Document
Dennis Graves $12,500 --
Graves Dennis $12,463 Shaver & Troiani
Didion Michelle -- --
Graves Sandra -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ironwell Properties Llc $978,600
Previous Owner Gateholder Llc $120,000
Source: Public Records

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 $2,123 $89,100 $2,800 $86,300
2023 $2,123 $85,800 $2,800 $83,000
2022 $2,036 $82,600 $2,800 $79,800
2021 $1,455 $59,400 $2,800 $56,600
2020 $1,277 $51,600 $2,800 $48,800
2019 $1,299 $51,600 $2,800 $48,800
2018 $1,106 $43,100 $2,800 $40,300
2017 $977 $42,400 $2,800 $39,600
2016 $935 $41,400 $2,800 $38,600
2014 $858 $39,700 $2,800 $36,900
2013 $924 $41,600 $2,800 $38,800
Source: Public Records

Map

Indiana Marion County Indianapolis 46221 West Indianapolis

1242 S Belmont Ave, Indianapolis, IN

This home is located at 1242 S Belmont Ave, Indianapolis, IN 46221 and is currently estimated at $104,580, approximately $53 per square foot. 1242 S Belmont Ave is a home located in Marion County with nearby schools including Daniel Webster School 46, George Washington Community High School (9-12), 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.

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