NOT LISTED FOR SALE

1407 E Banta Rd Indianapolis, IN 46227

Estimated Value: $199,000 - $296,000

3 Beds
1.5 Baths
1,607 Sq Ft
$148/Sq Ft Est. Value

Last Sold November 25, 2024

Last sale price $190,000 $118 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,463/month

38 Days on Market

Highlights

  • Mature Trees
  • Wood Flooring
  • Formal Dining Room
  • Ranch Style House
  • No HOA
  • 2 Car Detached Garage

About This Home

As of November 2024

Located in the popular Homecroft area, this 3 bedroom ranch home has great potential! Sellers are in the process of moving, but home is available for showings! Lots of natural light in the spacious living room and kitchen offers ample built in storage, ensuring you have plenty of space for your essentials. Outside is a 2 car detached garage and a generous backyard perfect for outdoor activities, gardening and relaxing. What are you waiting for? Come and see today!

Last Agent to Sell the Property

Scott Smith

Keller Williams Indy Metro S Brokerage Email: sasmith@kw.com License #RB14021668 Listed on: 09/06/2024

Keller Williams Indy Metro S

Co-Listed By

Joshua Rixner

CENTURY 21 Elite Brokerage Email: sasmith@kw.com License #RB22000792

Last Buyer's Agent

Neil Tremblett

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,488

Year Built

  • Built in 1949

Lot Details

  • 0.32 Acre Lot
  • Mature Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 1,607 Sq Ft Home
  • Woodwork
  • Entrance Foyer
  • Great Room with Fireplace
  • Formal Dining Room
  • Basement
  • Laundry in Basement
  • Attic Access Panel

Kitchen

  • Electric Oven
  • Microwave

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Homecroft Elementary School
  • Southport Middle School
  • Southport 6Th Grade Academy Middle School
  • Southport High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Homecroft Subdivision

Listing and Financial Details

  • Tax Lot L15
  • Assessor Parcel Number 491507142022000523
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,488

Year Built

Built in 1949

Lot Details

0.32 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1949
  • Building Area Total: 3214
  • Co List Office Phone: 317-882-5900
  • Garage Y N: Yes
  • Lot Size Acres: 0.32
  • Subdivision Name: Homecroft
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: sasmith@kw.com
  • Attribution Contact: sasmith@kw.com
  • Special Features: 12

Interior Features

  • Basement: Yes
  • Appliances: Dryer, Electric Water Heater, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Entrance Foyer, Wood Work Painted
  • Living Area: 1607
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1607
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Stone
  • Foundation Details: Concrete Perimeter, Block

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling: Central Electric
  • Heating: Electric, Forced Air
  • Laundry Features: In Basement
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Southport Middle School
  • MBR_IntermediateSchool: Southport 6th Grade Academy

Lot Info

  • Lot Features: Mature Trees
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 13983
  • Parcel Number: 491507142022000523
  • Acres: 1/4-1/2 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2488
  • Tax Lot: L15
  • Semi Annual Property Tax Amt: 1244
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • Elementary School: Homecroft Elementary School
  • High School: Southport High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2025
Sold by
Romero Josefina Velazquez
Bought by
Romero Josefina Velazquez and Velazquez Alexa Salas
Current Estimated Value
$238,386

Purchase Details

Listed on
Sep 6, 2024
Closed on
Nov 25, 2024
Sold by
Smith David C
Bought by
Velazquez Romero Josefina
Seller's Agent
Scott Smith
Keller Williams Indy Metro S
Buyer's Agent
Neil Tremblett
F.C. Tucker Company
List Price
$238,000
Sold Price
$190,000
Premium/Discount to List
-$48,000
-20.17%
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.26%
Original Mortgage
$30,000
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2011
Sold by
Comella Anthony J and Comella Mary J
Bought by
Smith David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,408
Interest Rate
4.53%
Mortgage Type
VA
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
Romero Josefina Velazquez -- None Listed On Document
Velazquez Romero Josefina -- Title Alliance
Romero Josefina Velazquez -- Title Alliance
Smith David C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Romero Josefina Velazquez $30,000
Previous Owner Smith David C $114,408
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2024 11/25/24 Sold $190,000 -9.5% $118 / Sq Ft
10/14/2024 10/14/24 Pending -- -- --
09/27/2024 09/27/24 Price Changed $210,000 -11.8% $131 / Sq Ft
09/06/2024 09/06/24 For Sale $238,000 -- $148 / 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 $2,815 $208,500 $29,800 $178,700
2023 $2,815 $213,300 $29,800 $183,500
2022 $2,628 $195,800 $29,800 $166,000
2021 $2,292 $169,300 $29,800 $139,500
2020 $2,065 $152,400 $29,800 $122,600
2019 $1,955 $144,100 $20,400 $123,700
2018 $1,963 $146,100 $20,400 $125,700
2017 $1,893 $141,200 $20,400 $120,800
2016 $1,814 $135,600 $20,400 $115,200
2014 $1,597 $136,600 $20,400 $116,200
2013 $1,669 $142,100 $20,400 $121,700
Source: Public Records

Agents Affiliated with this Home

  • Scott Smith

    Seller's Agent in 2024

    Scott Smith

    Keller Williams Indy Metro S

    (317) 884-5000

    4 in this area

    579 Total Sales

    Scott Smith
    Section Image

  • J

    Seller Co-Listing Agent in 2024

    Joshua Rixner

    CENTURY 21 Elite

    (317) 882-5900

    1 in this area

    40 Total Sales

    Joshua Rixner
    Section Image

  • N

    Buyer's Agent in 2024

    Neil Tremblett

    F.C. Tucker Company

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21998320

MIBOR Broker Listing Cooperative®

APN: 49-15-07-142-022.000-523

Indiana Marion County Indianapolis 46227

1407 E Banta Rd, Indianapolis, IN

Not Listed for Sale

Detached

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.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.