NOT LISTED FOR SALE

1401 E Banta Rd Indianapolis, IN 46227

Estimated Value: $236,000 - $356,000

1 Bed
2 Baths
1,848 Sq Ft
$155/Sq Ft Est. Value

Last Sold September 04, 2013

Last sale price $60,000 $32 Per Sq Ft

Est. 377% increase in value since last sale

Current estimated payment $1,693/month

104 Days on Market

About This Home

As of September 2013

This solid Bedford stone ranch in the amazing Homecroft neighborhood offers easy access to everything - Southport High School, shopping, and more. The house has a newer kitchen with retro-style curved banquette. The main floor bath has the original tile floor and older house charm. The basement has tiled floors and a full bath - finish it out for more living space. Out back there's a fully fenced yard, a huge deck, a mini barn and large detached garage. 2 beds possible with closet addition.

Last Agent to Sell the Property

Brenda Bertram-Taylor

My Agent License #RB14027688 Listed on: 03/07/2013

Last Buyer's Agent

Michelle Wedge

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $986

Year Built

  • 1947

Lot Details

  • 0.32

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$986

Year Built

1947

Lot Details

0.32 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: www.taylorpenrod.com
  • Architectural Style: Ranch
  • Directions: From US-31 and Banta Rd, head east on Banta past Southport High School. House is on the southeast corner of Banta & Orinoco - driveway is on Orinoco.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: HOMECROFT
  • Special Features: None
  • Year Built: 1947

Interior Features

  • Appliances: MicroHood
  • Has Basement: Unfinished
  • Fireplace Features: None
  • Areas Interior: Living Room Formal,Laundry in Basement,Bedroom Other on Main
  • Eating Area: Eat In Kitchen,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 924
  • Main Level Sq Ft: 924
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Main Level
  • Below Grade Sq Ft: 924
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: Basement
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Other Equipment: Sump Pump

Exterior Features

  • Exterior Features: Barn Mini, Fence Full Rear
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level
  • Construction Type: Stone
  • Disclosures: BankOwned

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Detached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Solid Waste: 1
  • Water Heater: Electric
  • Sewer: Sewer Connected
  • Water Source: Public

Lot Info

  • Acres: 1/4-1/2 Acre
  • Lot Information: Corner,Not In Subdivision,Sidewalks,Storm Sewer
  • Lot Number: 16
  • Lot Size: 70x200

Tax Info

  • Semi Annual Property Tax Amt: 493
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks
  • Tax Annual Amount: 986
  • Tax Year: 2012

MLS Schools

  • School District: Perry Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2014
Sold by
Wedge Matthew S
Bought by
Sparks Joshua L and Sparks Emiko
Current Estimated Value
$286,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Outstanding Balance
$101,078
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$185,037

Purchase Details

Listed on
Mar 7, 2013
Closed on
Sep 2, 2013
Sold by
Federal Home Loan Mortgage Corporatio
Bought by
Wedge Matthew S
Seller's Agent
Brenda Bertram-Taylor
My Agent
Buyer's Agent
Michelle Wedge
Keller Williams Indy Metro S
List Price
$74,900
Sold Price
$60,000
Premium/Discount to List
-$14,900
-19.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.36%
Original Mortgage
$85,729
Interest Rate
4.29%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 7, 2013
Closed on
Jul 16, 2013
Sold by
Michael Ghosh Attorney For
Bought by
Wedge Matthew S and Wedge Michelle C
Seller's Agent
Brenda Bertram-Taylor
My Agent
Buyer's Agent
Michelle Wedge
Keller Williams Indy Metro S
List Price
$74,900
Sold Price
$60,000
Premium/Discount to List
-$14,900
-19.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,729
Interest Rate
4.29%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 2013
Sold by
Wells J James B J and Wells Sheriff
Bought by
Federal Home Loan Mortgage Corporatio

Purchase Details

Closed on
Feb 13, 2013
Sold by
Sheriff John R Layton
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 17, 2006
Sold by
Iaria Phillip Matthew
Bought by
Wells James B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,400
Interest Rate
6.68%
Mortgage Type
New Conventional
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
Sparks Joshua L -- None Available
Wedge Matthew S -- --
Wedge Matthew S $60,000 --
Federal Home Loan Mortgage Corporatio -- --
Federal Home Loan Mortgage Corporation -- --
Wells James B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sparks Joshua L $133,000
Previous Owner Wedge Matthew S $85,729
Previous Owner Wells James B $98,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2013 09/04/13 Sold $60,000 -7.6% $32 / Sq Ft
06/20/2013 06/20/13 Pending -- -- --
06/14/2013 06/14/13 Price Changed $64,900 -13.4% $35 / Sq Ft
06/13/2013 06/13/13 For Sale $74,900 +24.8% $41 / Sq Ft
06/12/2013 06/12/13 Off Market $60,000 -- --
06/03/2013 06/03/13 For Sale $74,900 0.0% $41 / Sq Ft
05/21/2013 05/21/13 Pending -- -- --
05/13/2013 05/13/13 Price Changed $74,900 -11.8% $41 / Sq Ft
03/07/2013 03/07/13 For Sale $84,900 -- $46 / 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
2024 $2,626 $197,100 $29,800 $167,300
2023 $2,626 $201,700 $29,800 $171,900
2022 $2,449 $185,200 $29,800 $155,400
2021 $2,142 $160,800 $29,800 $131,000
2020 $1,972 $148,000 $29,800 $118,200
2019 $1,774 $133,400 $20,400 $113,000
2018 $1,782 $135,200 $20,400 $114,800
2017 $1,725 $131,100 $20,400 $110,700
2016 $1,654 $126,000 $20,400 $105,600
2014 $1,164 $105,200 $20,400 $84,800
2013 $1,147 $109,100 $20,400 $88,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Buyer's Agent in 2013

    Michelle Wedge

    Keller Williams Indy Metro S

    (317) 450-7782

    94 Total Sales

    Michelle Wedge
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21219369

MIBOR Broker Listing Cooperative®

APN: 49-15-07-142-023.000-523

Indiana Marion County Indianapolis 46227

1401 E Banta Rd, 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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