NOT LISTED FOR SALE

Estimated Value: $143,000 - $186,000

3 Beds
1 Bath
975 Sq Ft
$162/Sq Ft Est. Value

Sale Details

Date Sold: December 13, 2024

Last sale price $165,000 $169 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,071 / mo

15 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Forced Air Heating and Cooling System

About This Home

As of December 2024

Welcome to 1312 W Sumner Ave, an updated 3-bedroom, 1-bath ranch in the heart of Indianapolis! This cozy starter home, or ideal rental for college students, offers 975 square feet of living space with fresh paint and new flooring throughout. The modern kitchen shines with sleek quartz countertops, paired with black appliances including a refrigerator and electric range. With no HOA fees, this property is a great investment in a convenient location. Enjoy easy access to I-65, and take advantage of being just minutes from the vibrant neighborhoods of Fountain Square and Garfield Park. Plus, it's within walking distance to the University of Indianapolis, with shopping and dining close by. This is a must-see opportunity for anyone looking to settle in or invest in a prime area of the city!

Last Agent to Sell the Property

James Abner

eXp Realty, LLC Brokerage Email: James@TheAbnerGroup.com License #RB14039096 Listed on: 10/31/2024

eXp Realty, LLC

Last Buyer's Agent

Sarah Lux

CENTURY 21 Scheetz

CENTURY 21 Scheetz

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,336

Year Built

  • Built in 1960

Lot Details

  • 7,362 Sq Ft Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 975 Sq Ft Home
  • Aluminum Window Frames
  • Window Screens
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Electric Oven

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Raymond F Brandes School 65 Elementary School

Utilities

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

Community Details

  • No Home Owners Association
  • Ellis Invest Co Subdivision

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 491030110001044501
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,336

Year Built

Built in 1960

Lot Details

7,362 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1960
  • Building Area Total: 975
  • Garage Y N: No
  • Lot Size Acres: 0.17
  • Subdivision Name: Ellis Invest Co
  • Transaction Type: Sale
  • Website: https://media.showingtimeplus.com/sites/1312-e-sumner-ave-indianapolis-in-46227-12334630/branded
  • Accessibility Features YN: No
  • MBR_AttributionContact: James@TheAbnerGroup.com
  • Attribution Contact: James@TheAbnerGroup.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Gas Water Heater, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Screens Complete, Screens Some, Window Metal
  • Living Area: 975
  • Other Equipment: Not Applicable
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 975
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Crawl Space

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • 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: 7362
  • Parcel Number: 491030110001044501
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Rental Info

  • Application Website: https://msrenewal.securecafe.com/onlineleasing/apartmentsforrent/oleapplication.aspx?stepname=RentalOptions&myOlePropertyId=1518876&FloorPlanID=4291605&UnitID=32287290&header=1

Tax Info

  • Tax Annual Amount: 2336
  • Tax Lot: 49
  • Semi Annual Property Tax Amt: 1168
  • Tax Exemption: None

MLS Schools

  • Elementary School: Raymond F Brandes School 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2019
Sold by
Swages Real Est Llc
Bought by
Indy 500 Acquisitions Llc
Current Estimated Value
$158,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,453,400
Outstanding Balance
$5,590,169
Interest Rate
3.8%
Mortgage Type
Commercial
Estimated Equity
-$5,431,769

Purchase Details

Listed on
Jan 8, 2015
Closed on
Feb 5, 2015
Sold by
Croasmun Properties Llc
Bought by
Swages Real Estate Llc
Seller's Agent
Phillip Hawkins
Indiana Real Estate Group, LLC
Buyer's Agent
Jason Royer
Offerpad Brokerage, LLC
List Price
$52,900
Sold Price
$45,000
Premium/Discount to List
-$7,900
-14.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.91%

Purchase Details

Listed on
Apr 30, 2013
Closed on
Jun 28, 2013
Sold by
Durham Vp Barbara
Bought by
Croasmun William
Seller's Agent
Chris Price
Keller Williams Indy Metro S
Buyer's Agent
Carol Vittorio
F.C. Tucker Company
List Price
$23,760
Sold Price
$27,700
Premium/Discount to List
$3,940
16.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.67%

Purchase Details

Closed on
Apr 16, 2013
Sold by
Sheriff John Layton
Bought by
Us Bank Na
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Indy 500 Acquisitions Llc -- None Available
Swages Real Estate Llc -- None Available
Croasmun William $27,000 --
Us Bank Na $50,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Indy 500 Acquisitions Llc $6,453,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/13/2024 12/13/24 Sold $165,000 0.0% $169 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
10/31/2024 10/31/24 For Sale $165,000 0.0% $169 / Sq Ft
02/20/2023 02/20/23 Rented $1,170 0.0% --
02/16/2023 02/16/23 Price Changed $1,170 -2.1% $1 / Sq Ft
02/08/2023 02/08/23 Price Changed $1,195 -2.0% $1 / Sq Ft
02/02/2023 02/02/23 Price Changed $1,220 -2.0% $1 / Sq Ft
01/12/2023 01/12/23 Price Changed $1,245 -2.0% $1 / Sq Ft
01/05/2023 01/05/23 Price Changed $1,270 -3.8% $1 / Sq Ft
12/22/2022 12/22/22 For Rent $1,320 0.0% --
02/05/2015 02/05/15 Sold $45,000 -14.9% $46 / Sq Ft View Prior Sale
02/01/2015 02/01/15 Pending -- -- --
01/08/2015 01/08/15 For Sale $52,900 +91.0% $54 / Sq Ft
06/21/2013 06/21/13 Sold $27,700 +16.6% $28 / Sq Ft View Prior Sale
06/06/2013 06/06/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $23,760 -- $24 / 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 $2,620 $129,000 $8,900 $120,100
2024 $2,443 $110,400 $8,900 $101,500
2023 $2,443 $98,500 $8,900 $89,600
2022 $2,170 $87,500 $8,900 $78,600
2021 $1,638 $66,600 $8,900 $57,700
2020 $1,549 $62,600 $8,900 $53,700
2019 $1,645 $65,600 $3,400 $62,200
2018 $1,540 $60,700 $3,400 $57,300
2017 $2,796 $57,100 $3,400 $53,700
2016 $1,243 $55,500 $3,400 $52,100
2014 $1,133 $52,400 $3,400 $49,000
2013 $295 $52,400 $3,400 $49,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22007918

MIBOR Broker Listing Cooperative®

APN: 49-10-30-110-001.044-501

Your Personal Tour Guide

Ask me questions while you tour the home.