NOT LISTED FOR SALE

1253 Morgan Dr Indianapolis, IN 46227

Edgewood Neighborhood

Estimated Value: $246,000 - $284,315

2 Beds
1 Bath
3,053 Sq Ft
$87/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $135,000 $44 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,669/month

35 Days on Market

Highlights

  • Mature Trees
  • Skylights
  • Bungalow
  • Thermal Windows
  • Storm Windows
  • Shed

About This Home

As of March 2018

Where Rural Meets Urban. Charming Country Home In The City. Home Is Located On A Quiet, Non Through Street. Over 1/2 Acre With Trees And Plenty Of Room For A Garden. Beautiful Hardwood Floors And Newer Kitchen Cabinets. Full Basement. New Roof, New Tankless Hot Water Heater, Newer Efficient Furnace, Fireplace, And New Windows. Extra Large Garage With Fully Fenced Rear Yard, Large Patio, And Covered Porch. Updated Kitchen With Stainless Steel Appliances.

Last Agent to Sell the Property

Michael Mergell

LPT Realty License #RB14023460 Listed on: 12/19/2017

Co-Listed By

Daniel Landwerlen

Keller Williams Indy Metro NE License #RB16001318

Last Buyer's Agent

Pa Sang

Keller Williams Indy Metro S

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $986

Year Built

  • Built in 1940

Lot Details

  • 0.59 Acre Lot
  • Back Yard Fenced
  • Mature Trees

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 1.5-Story Property
  • Skylights
  • Free Standing Fireplace
  • Gas Log Fireplace
  • Thermal Windows
  • Window Screens
  • Living Room with Fireplace
  • Storm Windows

Kitchen

  • Gas Oven
  • Range Hood
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Sump Pump

Parking

  • Garage
  • Driveway

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • Longacre Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491031113060000500

Home Details

Home Type

Single Family

Est. Annual Taxes

$986

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2000
  • Year Built: 1940
  • Co List Office Phone: 317-564-7100
  • Garage Y N: Yes
  • Lot Size Acres: 0.59
  • Subdivision Name: LONGACRE
  • Inspection Warranties: Not Applicable
  • Property Description: Where Rural Meets Urban. Charming Country Home In The City. Home Is Located On A Quiet, Non Through Street. Over 1/2 Acre With Trees And Plenty Of Room For A Garden. Beautiful Hardwood Floors And Newer Kitchen Cabinets. Full Basement. New Roof, New Tankless Hot Water Heater, Newer Efficient Furnace, Fireplace, And New Windows. Extra Large Garage With Fully Fenced Rear Yard, Large Patio, And Covered Porch. Updated Kitchen With Stainless Steel Appliances.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial
  • Appliances: Disposal, Gas Oven, Range Hood, Refrigerator
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Free Standing, Gas Log, Living Room
  • Fireplaces: 1
  • Interior Amenities: Screens Complete, Skylight(s), Storms Complete, Windows Thermal
  • Living Area: 3053
  • Other Equipment: Sump Pump
  • Room Count: 12
  • Areas Interior: Living Room Formal
  • Eating Area: Center Island,Dining Combo/Kitchen,Kitchen Updated
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2106
  • Main Level Sq Ft: 1159
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 3053
  • Below Grade Sq Ft: 947
  • Upper Level Sq Ft: 947
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Stucco, Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini, Driveway Asphalt, Fence Full Rear
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Construction Stage: Resale
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Detached
  • Garage Parking Other: Workshop
  • Num Parking Spaces: 0

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Window Unit(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Gas Connected
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491031113060000500
  • Acres: 1/2-1 Acre
  • Lot Information: Tree Mature
  • Lot Number: 30
  • Lot Size: 80 X 320

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 986
  • Semi Annual Property Tax Amt: 493
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Perry Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2017
Closed on
Mar 30, 2018
Sold by
Wakako Davis Who Took Title Wakako Suzuk
Bought by
Nyin Khine K
Seller's Agent
Michael Mergell
LPT Realty
Buyer's Agent
Pa Sang
Keller Williams Indy Metro S
List Price
$154,900
Sold Price
$135,000
Premium/Discount to List
-$19,900
-12.85%
Current Estimated Value
$265,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,079
Avg. Annual Appreciation
9.37%
Original Mortgage
$128,250
Outstanding Balance
$110,190
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$154,889
Source: Public Records

Range of Values:

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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
Nyin Khine K $135,000 --
Nyin Khine K $135,000 Title Alliance Of Indy Metro L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nyin Khine K $128,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2018 03/30/18 Sold $135,000 -6.6% $44 / Sq Ft
01/10/2018 01/10/18 Price Changed $144,500 -6.7% $47 / Sq Ft
12/19/2017 12/19/17 For Sale $154,900 -- $51 / 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 $3,151 $248,200 $19,200 $229,000
2023 $3,151 $237,000 $19,200 $217,800
2022 $2,939 $217,100 $19,200 $197,900
2021 $2,459 $179,800 $19,200 $160,600
2020 $2,279 $166,300 $19,200 $147,100
2019 $1,937 $141,400 $8,700 $132,700
2018 $1,172 $101,600 $8,700 $92,900
2017 $1,246 $105,700 $8,700 $97,000
2016 $1,339 $109,700 $8,700 $101,000
2014 $1,080 $108,300 $8,700 $99,600
2013 $1,159 $108,300 $8,700 $99,600
Source: Public Records

Agents Affiliated with this Home

  • Michael Mergell

    Seller's Agent in 2018

    Michael Mergell

    LPT Realty

    (317) 645-8717

    90 Total Sales

    Michael Mergell
    Section Image

  • D

    Seller Co-Listing Agent in 2018

    Daniel Landwerlen

    Keller Williams Indy Metro NE

    Section Image

  • P

    Buyer's Agent in 2018

    Pa Sang

    Keller Williams Indy Metro S

    Section Image

  • U

    Buyer's Agent in 2018

    Uk Mang

    Keller Williams Indy Metro S

    (317) 515-3009

    1 in this area

    129 Total Sales

    Uk Mang
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21525916

MIBOR Broker Listing Cooperative®

APN: 49-10-31-113-060.000-500

Indiana Marion County Indianapolis 46227 Edgewood

1253 Morgan Dr, Indianapolis, IN

This home is located at 1253 Morgan Dr, Indianapolis, IN 46227 since 19 December 2017 and is currently estimated at $265,079, approximately $86 per square foot. This property was built in 1940. 1253 Morgan Dr is a home located in Marion County with nearby schools including Homecroft Elementary School, Southport 6th Grade Academy, and Southport Middle 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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