NOT LISTED FOR SALE

1255 E Sumner Ave Indianapolis, IN 46227

University Heights Neighborhood

Estimated Value: $126,288 - $173,000

3 Beds
1 Bath
1,033 Sq Ft
$144/Sq Ft Est. Value

Sale Details

Date Sold: December 3, 2021

Last sale price $80,000 $77 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,055 / mo

5 Days on Market

About This Home

As of December 2021

Great rental or flip! Property sits on a large corner lot, is in need of TLC but has plenty of potential. Kitchen, bath, electrical with 200A service already updated. Easy access to the Red Line, University of Indianapolis and Garfield Park while only being a 10 minute drive to downtown. Sold "as is", no repairs will be made. Property is winterized and does not include furnace, water heater or kitchen appliances but remaining rehab is mostly cosmetic.

Last Agent to Sell the Property

Cory Robinson

CityPlace Realty License #RB17001811 Listed on: 11/05/2021

Co-Listed By

Jessica Green

CityPlace Realty License #RB21001141

Last Buyer's Agent

Miranda Tworek

@properties

@properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,748

Year Built

  • 1927

Lot Details

  • 6,098

Utilities

  • Heating System Uses Gas
  • No Water Heater

Additional Features

  • Combination Dining and Living Room
  • Corner Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,748

Year Built

1927

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Architectural Style: Craftsman, Bungalow
  • Co List Office Mls Id: MBRCTPR01
  • Co List Office Phone: 317-662-4890
  • Directions: Go East at Shelby and Sumner. Home is one block on the right.
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: WOODLAWN GARDENS
  • Special Features: None
  • Year Built: 1927

Interior Features

  • Appliances: Dishwasher
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1033
  • Main Level Sq Ft: 1033
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Windows Vinyl
  • Other Equipment: Not Applicable

Exterior Features

  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Construction Type: Vinyl Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Cooling: Central Air
  • Heating: None
  • Solid Waste: 0
  • Water Heater: No Water Heater
  • Sewer: Sewer Connected
  • Water Source: Public

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Corner
  • Lot Number: 20
  • Lot Size: 6,186

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 874
  • Tax Exemption: None
  • Tax Annual Amount: 1748
  • Tax Year: 2020

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
Nov 23, 2021
Sold by
Toorak Capital Partners Llc
Bought by
Martinez Fiedencio Espinoza
Seller's Agent
Cory Robinson
CityPlace Realty
Buyer's Agent
Miranda Tworek
@properties
List Price
$75,000
Sold Price
$80,000
Premium/Discount to List
$5,000
6.67%
Current Estimated Value
$148,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,572
Avg. Annual Appreciation
15.41%

Purchase Details

Closed on
May 24, 2021
Sold by
Marion County Sheriff
Bought by
Toorak Capital Partners Llc

Purchase Details

Closed on
Nov 29, 2018
Sold by
Simmons Henley
Bought by
Henley Simmons Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,250
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 5, 2018
Sold by
Rent To Own Properties Llc
Bought by
Rose Sylvester and Simmons Henley
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Martinez Fiedencio Espinoza -- None Available
Toorak Capital Partners Llc $101,000 None Available
Henley Simmons Realty Llc -- None Available
Rose Sylvester -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Henley Simmons Realty Llc $74,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2021 12/03/21 Sold $80,000 +6.7% $77 / Sq Ft
11/11/2021 11/11/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $75,000 -- $73 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $3,059 $149,900 $15,300 $134,600
2024 $2,819 $128,900 $15,300 $113,600
2023 $2,819 $114,300 $14,600 $99,700
2022 $2,542 $103,200 $14,600 $88,600
2021 $2,774 $81,700 $14,600 $67,100
2020 $1,846 $75,400 $14,600 $60,800
2019 $1,611 $64,100 $6,100 $58,000
2018 $644 $70,300 $6,100 $64,200
2017 $1,447 $63,800 $6,100 $57,700
2016 $1,380 $62,100 $6,100 $56,000
2014 $1,279 $59,100 $6,100 $53,000
2013 $1,815 $82,300 $6,100 $76,200
Source: Public Records

Agents Affiliated with this Home

  • Cory Robinson

    Seller's Agent in 2021

    Cory Robinson

    CityPlace Realty

    (317) 440-8510

    2 in this area

    61 Total Sales

    Cory Robinson
    Section Image
  • Jessica Green

    Seller Co-Listing Agent in 2021

    Jessica Green

    CityPlace Realty

    (317) 526-2559

    1 in this area

    74 Total Sales

    Jessica Green
    Section Image

  • M

    Buyer's Agent in 2021

    Miranda Tworek

    @properties

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21822865

MIBOR Broker Listing Cooperative®

APN: 49-10-30-115-001.018-501

Indiana Marion County Indianapolis 46227 University Heights

1255 E Sumner Ave, Indianapolis, IN

Not Listed for Sale

Detached

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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.
Based on information submitted to the MLS GRID

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