$190,000
SOLD NOV 25, 2024

1407 E Banta Rd Indianapolis, IN 46227

3 Beds
1.5 Baths
1,607 Sq Ft
0.32 Acres

Recently Sold

$118 Per Sq Ft

20% Below List Price

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

Keller Williams Indy Metro S Brokerage Email: sasmith@kw.com License #RB22000792

Last Buyer's Agent

Neil Tremblett

F.C. Tucker Company License #RB21002225

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 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

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
  • Main Level Bedrooms: 3
  • 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
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Stone
  • Foundation Details: Concrete Perimeter, Block
  • List Price: 210000

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Garage Sq Ft: 528

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
  • Price Acre: 593750

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
Velazquez Romero Josefina and Salas Velazquez Alexa
Current Estimated Value
$207,711

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
11.21%
Original Mortgage
$30,000
Interest Rate
6.44%
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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed -- Title Alliance
Warranty Deed $190,000 Title Alliance
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $30,000 New Conventional
Previous Owner $37,000 Credit Line Revolving
Previous Owner $162,799 VA
Previous Owner $50,000 New Conventional
Previous Owner $58,491 VA
Previous Owner $114,408 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 Compared to Growth

Source: Public Records

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

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21998320

MIBOR Broker Listing Cooperative®

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