NOT LISTED FOR SALE

1407 S Alabama St Indianapolis, IN 46225

Bates-Hendricks Neighborhood

Estimated Value: $321,000 - $353,478

2 Beds
1 Bath
572 Sq Ft
$598/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $325,000 $568 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,325/month

Highlights

  • No HOA
  • Forced Air Heating System
  • Wood Siding
  • 2 Car Detached Garage
  • Combination Kitchen and Dining Room

About This Home

As of January 2024

Beautifully built DUPLEX available for rent, both sides identical in size. Both sides feature 2Bed/1Full Bath, with newly updated kitchens including new appliances. $1450 /per month per side. Listing square footage reflects measurements for one unit. Each unit has a total living space of 949sqft: Main-572sqft / Upper-377sqft. Schedule a showing thru Broker Bay today!

Last Agent to Rent the Property

Scott Veerkamp

My Agent Brokerage Email: scott@propertypogo.com License #RB14023572 Listed on: 12/04/2023

Last Renter's Agent

Scott Veerkamp

My Agent Brokerage Email: scott@propertypogo.com License #RB14023572 Listed on: 12/04/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1885

Lot Details

  • 7,405

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Wood Siding

Interior Spaces

  • 572 Sq Ft Home
  • 2-Story Property
  • Combination Kitchen and Dining Room
  • Attic Access Panel

Kitchen

  • Electric Oven
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 7,405 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Woodruff Sub Morris Add Subdivision

Listing and Financial Details

  • Security Deposit $1,450
  • Property Available on 12/4/23
  • Tenant pays for all utilities
  • The owner pays for taxes
  • 12-Month Minimum Lease Term
  • Application Fee: 0
  • Tax Lot 26
  • Assessor Parcel Number 491113162065000101

Home Details

Home Type

Single Family

Year Built

Built in 1885

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2023-12-04
  • Lease Amount: 1450
  • Lease Term: 12 Months
  • Tenant Pays: All Utilities
  • Min Lease Req: 12
  • Security Deposit: 1450
  • Application Fee: 0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Multi-Level
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1885
  • Building Area Total: 572
  • Garage Y N: Yes
  • Lot Size Acres: 0.17
  • Subdivision Name: Woodruff Sub Morris Add
  • Transaction Type: Lease
  • Accessibility Features YN: No
  • MBR_AttributionContact: scott@propertypogo.com
  • Attribution Contact: scott@propertypogo.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Microwave, Electric Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access
  • Living Area: 572
  • Owner Pays: Taxes
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 572
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • Foundation Details: Block
  • List Price: 1450

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Garage Sq Ft: 400

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No
  • Pets Allowed: W/Approval

Lot Info

  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Lot Size Sq Ft: 7405
  • Parcel Number: 491113162065000101
  • Acres: <1/4 Acre
  • Price Acre: 8529

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3892
  • Tax Lot: 26
  • Semi Annual Property Tax Amt: 1946

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2023
Closed on
Dec 4, 2023
Sold by
Capture Investments Llc
Bought by
Lynn Sara Farkas Separate Property Trust and Farkas
Seller's Agent
Scott Veerkamp
My Agent
Buyer's Agent
Scott Veerkamp
My Agent
Sold Price
$1,450
Views
65
Current Estimated Value
$342,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,709
Avg. Annual Appreciation
2.93%
Original Mortgage
$175,000
Outstanding Balance
$172,253
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$169,906

Purchase Details

Listed on
Dec 4, 2023
Closed on
Nov 30, 2023
Sold by
Capture Investments Llc
Bought by
Lynn Sara Farkas Separate Property Trust and Farkas
Seller's Agent
Scott Veerkamp
My Agent
Buyer's Agent
Scott Veerkamp
My Agent
Sold Price
$1,450
Views
65

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$172,253
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$169,906

Purchase Details

Listed on
Nov 4, 2019
Closed on
Dec 14, 2019
Sold by
Castillo Jose
Bought by
Abbas Hatima
Seller's Agent
Justin Frytz
eXp Realty, LLC
Buyer's Agent
Mary Boustani
Keller Williams Indy Metro NE
List Price
$149,900
Sold Price
$120,000
Premium/Discount to List
-$29,900
-19.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.61%

Purchase Details

Listed on
Apr 13, 2016
Closed on
Apr 28, 2016
Sold by
Salgado Reyles and Salgado Suplicia
Bought by
Castillo Jose
Seller's Agent
Rich Thomas
Dan Moore Real Estate Services
Buyer's Agent
Jennifer Mattos
Garnet Group
List Price
$35,000
Sold Price
$40,000
Premium/Discount to List
$5,000
14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.34%

Purchase Details

Closed on
Jul 23, 2007
Sold by
Salgado Reyles
Bought by
Salgado Reyles and Salgado Suplicia

Purchase Details

Closed on
Apr 25, 2007
Sold by
Garduno Gildardo and Garduno Sara
Bought by
Salgado Reyles

Purchase Details

Closed on
Jul 26, 2006
Sold by
Culpepper Lawrene and Huber Norma
Bought by
Garduno Gildardo and Garduno Sara
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lynn Sara Farkas Separate Property Trust $325,000 Lenders Escrow & Title
Lynn Sara Farkas Separate Property Trust -- Lenders Escrow & Title
Abbas Hatima -- Security Title
Castillo Jose -- None Available
Salgado Reyles -- None Available
Salgado Reyles -- None Available
Garduno Gildardo -- None Available
Garduno Gildardo -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynn Sara Farkas Separate Property Trust $175,000
Closed Lynn Sara Farkas Separate Property Trust $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Rented $1,450 0.0% --
12/04/2023 12/04/23 For Rent $1,450 0.0% --
11/30/2023 11/30/23 Sold $325,000 -7.1% $342 / Sq Ft
11/04/2023 11/04/23 Pending -- -- --
09/18/2023 09/18/23 For Sale $349,900 +75.0% $369 / Sq Ft
04/08/2022 04/08/22 Sold $200,000 +5.3% $211 / Sq Ft
02/14/2022 02/14/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $190,000 +58.3% $200 / Sq Ft
12/16/2019 12/16/19 Sold $120,000 -19.9% $126 / Sq Ft
12/09/2019 12/09/19 Pending -- -- --
12/05/2019 12/05/19 For Sale $149,900 0.0% $158 / Sq Ft
11/22/2019 11/22/19 Pending -- -- --
11/14/2019 11/14/19 Price Changed $149,900 -3.3% $158 / Sq Ft
11/04/2019 11/04/19 For Sale $155,000 +287.5% $163 / Sq Ft
04/30/2016 04/30/16 Sold $40,000 +14.3% $42 / Sq Ft
04/19/2016 04/19/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $35,000 -- $37 / 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 $5,705 $315,700 $24,600 $291,100
2023 $5,705 $255,300 $24,600 $230,700
2022 $6,755 $224,600 $24,600 $200,000
2021 $4,040 $168,700 $24,600 $144,100
2020 $5,040 $175,800 $24,600 $151,200
2019 $1,750 $68,000 $4,500 $63,500
2018 $2,055 $59,700 $4,500 $55,200
2017 $2,339 $50,800 $4,500 $46,300
2016 $1,472 $46,200 $4,500 $41,700
2014 $913 $42,000 $4,500 $37,500
2013 $878 $42,000 $4,500 $37,500
Source: Public Records

Agents Affiliated with this Home

  • Scott Veerkamp

    Landlord's Agent in 2024

    Scott Veerkamp

    My Agent

    (317) 446-9398

    2 in this area

    161 Total Sales

    Scott Veerkamp
    Section Image
  • Adrienne Johnson

    Seller's Agent in 2023

    Adrienne Johnson

    Epique Inc

    (317) 372-2693

    1 in this area

    34 Total Sales

    Adrienne Johnson
    Section Image

  • F

    Seller's Agent in 2022

    Fadi Aboudi

    F.C. Tucker Company

    Section Image

  • C

    Buyer's Agent in 2022

    Cameron Harris

    @properties

    Section Image

  • J

    Seller's Agent in 2019

    Justin Frytz

    eXp Realty, LLC

    Section Image
  • Kelly Dorsey

    Seller Co-Listing Agent in 2019

    Kelly Dorsey

    Epique Inc

    (317) 800-2949

    2 in this area

    50 Total Sales

    Kelly Dorsey
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21955643

MIBOR Broker Listing Cooperative®

APN: 49-11-13-162-065.000-101

Indiana Marion County Indianapolis 46225 Bates-Hendricks

1407 S Alabama St, Indianapolis, IN

This home is located at 1407 S Alabama St, Indianapolis, IN 46225 since 04 December 2023 and is currently priced at $342,159. This property was built in 1885. 1407 S Alabama St is a home located in Marion County with nearby schools including James A. Garfield School 31, Arsenal Technical High School, and George Washington Community High School No. 721.

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.

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