NOT LISTED FOR SALE

1331 Edgecombe Ave Indianapolis, IN 46227

University Heights Neighborhood

Estimated Value: $123,000 - $161,870

3 Beds
1.5 Baths
1,728 Sq Ft
$82/Sq Ft Est. Value

Sale Details

Date Sold: January 18, 2019

Last sale price $66,000 $38 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $988 / mo

39 Days on Market

Highlights

  • Breakfast Room
  • Eat-In Kitchen
  • 1-Story Property
  • 1 Car Detached Garage
  • Bungalow
  • Forced Air Heating and Cooling System

About This Home

As of January 2019

**ATTENTION INVESTORS!!** UNIVERSITY OF INDIANAPOLIS RENTAL that could make a nice buy and hold addition to your portfolio. Great rental value with 3 Beds and 1.5 Baths. Newer roof, large lot, and in pretty good condition. Minor cosmetic updates needed. Large kitchen with breakfast nook. One car detached garage for additional parking or storage. Unfinished basement with laundry area.

Last Agent to Sell the Property

Brian Pachciarz

Estansion Group by BLP License #RB14042294 Listed on: 11/30/2018

Last Buyer's Agent

Brian Maire

United Real Estate Indpls

United Real Estate Indpls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,074

Year Built

  • Built in 1941

Lot Details

  • 5,401 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,728 Sq Ft Home
  • 1-Story Property
  • Window Screens
  • Breakfast Room
  • Eat-In Kitchen
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Woodlawn Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491030115001065501

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,074

Year Built

Built in 1941

Lot Details

5,401 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1941
  • Garage Y N: Yes
  • Lot Size Acres: 0.124
  • Subdivision Name: WOODLAWN GARDENS
  • Inspection Warranties: Not Applicable
  • Property Description: **ATTENTION INVESTORS!!** UNIVERSITY OF INDIANAPOLIS RENTAL that could make a nice buy and hold addition to your portfolio. Great rental value with 3 Beds and 1.5 Baths. Newer roof, large lot, and in pretty good condition. Minor cosmetic updates needed. Large kitchen with breakfast nook. One car detached garage for additional parking or storage. Unfinished basement with laundry area.
  • Transaction Type: Sale
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full,Unfinished
  • Appliances: MicroHood,Electric Oven
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Screens Some
  • Living Area: 1728
  • Other Equipment: Not Applicable
  • Room Count: 6
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 864
  • Main Level Sq Ft: 864
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Total Sq Ft: 1728
  • Kitchen Features: Kitchen Eat In
  • Below Grade Sq Ft: 864
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Corporate Owned
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Gas
  • Garage Parking Description: Detached

Utilities

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

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491030115001065501
  • Acres: <1/4 Acre
  • Lot Number: 97
  • Lot Size: 5,401

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1074
  • Semi Annual Property Tax Amt: 537
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2022
Sold by
Heiden Allen
Bought by
Heiden Allen F and Heiden Joshua
Current Estimated Value
$141,968

Purchase Details

Listed on
Nov 30, 2018
Closed on
Jan 18, 2019
Sold by
Redelop Indy Llc
Bought by
Heiden Allen
Seller's Agent
Brian Pachciarz
Estansion Group by BLP
Buyer's Agent
Brian Maire
United Real Estate Indpls
List Price
$69,900
Sold Price
$66,000
Premium/Discount to List
-$3,900
-5.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.16%

Purchase Details

Closed on
Nov 1, 2018
Sold by
Lee Kam Leung and Lee Helen S
Bought by
Redevelop Indy Llc

Purchase Details

Closed on
Mar 7, 2011
Sold by
Ha Van T
Bought by
Lee Kam Leung and Lee Helen S

Purchase Details

Closed on
Dec 2, 2010
Sold by
Federal National Mortgage Association
Bought by
Ha Van T

Purchase Details

Closed on
Nov 24, 2010
Sold by
Forum Credit Union
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 30, 2010
Sold by
Mccorkle Sean P and Mccorkle Jamie D
Bought by
Forum Credit Union

Purchase Details

Closed on
May 22, 2006
Sold by
Mccorkle Sean P
Bought by
Mccorkle Sean P and Mccorkle Jamie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2006
Sold by
Halvorsen Turner Scott and Halvorsen Turner Donna M
Bought by
Mccorkle Sean P
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
Heiden Allen F -- None Listed On Document
Heiden Allen $66,900 Hocker And Associates
Redevelop Indy Llc $50,000 Hocker And Associates
Lee Kam Leung -- Midwest Title Corporation
Ha Van T -- None Available
Federal National Mortgage Association -- None Available
Forum Credit Union $73,120 None Available
Mccorkle Sean P -- None Available
Mccorkle Sean P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccorkle Sean P $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2019 01/18/19 Sold $66,000 -5.6% $38 / Sq Ft
01/09/2019 01/09/19 Pending -- -- --
12/30/2018 12/30/18 Price Changed $69,900 -6.8% $40 / Sq Ft
12/07/2018 12/07/18 Price Changed $75,000 +7.3% $43 / Sq Ft
11/30/2018 11/30/18 For Sale $69,900 -- $40 / 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 $2,757 $134,200 $13,300 $120,900
2024 $2,618 $116,200 $13,300 $102,900
2023 $2,618 $105,900 $13,300 $92,600
2022 $2,359 $95,500 $13,300 $82,200
2021 $1,841 $75,400 $13,300 $62,100
2020 $1,824 $74,500 $13,300 $61,200
2019 $1,296 $50,800 $5,600 $45,200
2018 $1,421 $55,700 $5,600 $50,100
2017 $1,166 $50,600 $5,600 $45,000
2016 $1,114 $49,300 $5,600 $43,700
2014 $852 $56,300 $5,600 $50,700
2013 $1,632 $78,500 $5,600 $72,900
Source: Public Records

Agents Affiliated with this Home

  • Brian Pachciarz

    Seller's Agent in 2019

    Brian Pachciarz

    Estansion Group by BLP

    (317) 331-6765

    73 Total Sales

    Brian Pachciarz
    Section Image

  • B

    Buyer's Agent in 2019

    Brian Maire

    United Real Estate Indpls

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21609406

MIBOR Broker Listing Cooperative®

APN: 49-10-30-115-001.065-501

Indiana Marion County Indianapolis 46227 University Heights

1331 Edgecombe 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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