NOT LISTED FOR SALE

1409 E Legrande Ave Indianapolis, IN 46203

Near Southeast Neighborhood

Estimated Value: $133,000 - $147,000

2 Beds
1 Bath
1,737 Sq Ft
$81/Sq Ft Est. Value

Sale Details

Date Sold: December 7, 2017

Last sale price $25,500 $15 Per Sq Ft

Est. 459% increase in value since last sale

Current estimated payment $943 / mo

20 Days on Market

Highlights

  • Covered Patio or Porch
  • Storm Windows
  • 1-Story Property
  • Formal Dining Room
  • Bungalow
  • Forced Air Heating System

About This Home

As of December 2017

ATTENTION INVESTORS!! Excellent buy and hold opportunity located between Fountain Square and Garfield Park. This 2BR home also has a 2 car detached garage. The home does need some cosmetic upgrades but could be a great addition to your investment portfolio while boasting a nice return percentage on your purchase. Market rents in this area are $675+ with strong comp values.

Last Agent to Sell the Property

Robert LaRovere

Listed on: 11/11/2017

Last Buyer's Agent

Chris Johnson

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 7,013

Parking

  • Garage

Home Design

  • Bungalow

Interior Spaces

  • 1,737 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Storm Windows
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • 7,013 Sq Ft Lot

Community Details

  • Adams Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491018137008000101

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

7,013 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1925
  • Garage Y N: Yes
  • Lot Size Acres: 0.161
  • Subdivision Name: ADAMS
  • Inspection Warranties: Not Applicable
  • Property Description: ATTENTION INVESTORS!! Excellent buy and hold opportunity located between Fountain Square and Garfield Park. This 2BR home also has a 2 car detached garage. The home does need some cosmetic upgrades but could be a great addition to your investment portfolio while boasting a nice return percentage on your purchase. Market rents in this area are $675+ with strong comp values.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Storms Some
  • Living Area: 1737
  • Other Equipment: Not Applicable
  • Room Count: 5
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 873
  • Main Level Sq Ft: 873
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1737
  • Below Grade Sq Ft: 864
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Aluminum Siding,Brick
  • Disclosures: Not Applicable
  • Foundation Details: Block,Block
  • Association Maintained Building Exterior: 0
  • Porch: Covered Patio

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491018137008000101
  • Acres: <1/4 Acre
  • Lot Number: 1075447
  • Lot Size: 7,013

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 850
  • Semi Annual Property Tax Amt: 425
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2017
Closed on
Dec 7, 2017
Sold by
Bought by
Seller's Agent
Robert LaRovere
Buyer's Agent
Chris Johnson
F.C. Tucker Company
List Price
$30,900
Sold Price
$25,500
Premium/Discount to List
-$5,400
-17.48%
Current Estimated Value
$142,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,170
Avg. Annual Appreciation
21.88%

Purchase Details

Listed on
Nov 11, 2017
Closed on
Nov 2, 2017
Sold by
Bought by
Seller's Agent
Robert LaRovere
Buyer's Agent
Chris Johnson
F.C. Tucker Company
List Price
$30,900
Sold Price
$25,500
Premium/Discount to List
-$5,400
-17.48%

Purchase Details

Closed on
May 31, 2016
Sold by
Bought by

Purchase Details

Closed on
Oct 10, 2006
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$25,500 Best Title Services
$25,500 --
$15,000 Investors Title Service
$15,000 --
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $46,552
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/07/2017 12/07/17 Sold $25,500 -13.6% $15 / Sq Ft
12/01/2017 12/01/17 Pending -- -- --
11/27/2017 11/27/17 Price Changed $29,500 -4.5% $17 / Sq Ft
11/10/2017 11/10/17 For Sale $30,900 -- $18 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,062 $95,200 $5,800 $89,400
2024 $1,563 $86,900 $5,800 $81,100
2023 $1,563 $89,200 $5,800 $83,400
2022 $1,555 $62,200 $5,800 $56,400
2021 $1,270 $51,400 $5,800 $45,600
2020 $1,219 $49,100 $5,800 $43,300
2019 $1,185 $46,800 $3,500 $43,300
2018 $1,246 $49,000 $3,500 $45,500
2017 $1,039 $45,300 $3,500 $41,800
2016 $925 $40,900 $3,500 $37,400
2014 $705 $32,600 $3,500 $29,100
2013 $599 $22,900 $3,500 $19,400
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Robert LaRovere

  • C

    Buyer's Agent in 2017

    Chris Johnson

    F.C. Tucker Company

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21524458

MIBOR Broker Listing Cooperative®

APN: 49-10-18-137-008.000-101

Indiana Marion County Indianapolis 46203 Near Southeast

1409 E Legrande Ave, Indianapolis, IN

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® 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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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