NOT LISTED FOR SALE

1507 Bailey Dr Indianapolis, IN 46241

Chapel Hill-Ben Davis Neighborhood

Estimated Value: $208,000 - $255,451

3 Beds
2 Baths
1,384 Sq Ft
$162/Sq Ft Est. Value

Last Sold December 02, 2021

Last sale price $185,000 $134 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,370/month

1 Day on Market

Highlights

  • Mature Trees
  • Attached Garage
  • Family or Dining Combination
  • Ben Davis University High School Rated A

About This Home

As of December 2021

Come check out this spacious 3 bed 2 bath brick ranch that sits on a double lot on the cities west side. Fresh paint throughout. New carpet. Some updates over last 5 years. Enjoy your morning coffee in the large sunroom looking over your huge back yard. Quick shot to interstate and airport. Downtown, Eagle Creek, and Speedway all within 15 minute drive.

Last Agent to Sell the Property

David Mann

Resolute Realty License #RB15000944 Listed on: 10/18/2021

Last Buyer's Agent

Brenda Caballero

Highgarden Real Estate

Highgarden Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,716

Year Built

  • 1977

Lot Details

  • 0.26

Parking

  • Attached Garage

Additional Features

  • Family or Dining Combination
  • Mature Trees
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,716

Year Built

1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: 0
  • Architectural Style: Ranch
  • Directions: West on Washington Street from 465. Travel roughly 1 mile and turn right on Bailey and home will be on the right.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: HIGHLAND HEIGHTS
  • Special Features: None
  • Year Built: 1977

Interior Features

  • Appliances: Electric Cooktop
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1384
  • Main Level Sq Ft: 1384
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Windows Vinyl
  • Other Equipment: Not Applicable

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Association Maintained Building Exterior: 0
  • Porch: Glass Enclosed Patio,Porch Open
  • Construction Type: Brick
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Sq Ft: 420
  • Garage Spaces: 2

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: Tree Mature
  • Lot Number: L13,L14
  • Lot Size: 11,456

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 1858
  • Tax Exemption: None
  • Tax Annual Amount: 3716
  • Tax Year: 2020

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2021
Closed on
Dec 2, 2021
Sold by
Mccorkel Kyle
Bought by
Flores Stefanie and Flores Elias
Seller's Agent
David Mann
Resolute Realty
Buyer's Agent
Brenda Caballero
Highgarden Real Estate
List Price
$180,000
Sold Price
$185,000
Premium/Discount to List
$5,000
2.78%
Current Estimated Value
$223,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,863
Avg. Annual Appreciation
1.26%
Original Mortgage
$9,679
Outstanding Balance
$8,992
Interest Rate
3.1%
Estimated Equity
$184,954

Purchase Details

Closed on
Jul 25, 2016
Sold by
Indianapolis Real Estate Investments Llc
Bought by
Mccorkel Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2016
Sold by
Lockhart Tommy R
Bought by
Lke Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 23, 2012
Sold by
Lockhart Tommy R
Bought by
Lockhart Tommy R
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
Flores Stefanie $185,000 Centurion Land Title
Mccorkel Kyle -- None Available
Lke Enterprises Llc -- Mtc
Lockhart Tommy R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Stefanie $9,679
Open Flores Stefanie $181,649
Closed Flores Stefanie $9,679
Previous Owner Mccorkel Kyle $76,000
Previous Owner Lke Enterprises Llc $70,000
Previous Owner Indianapolis Real Estate Investments Llc $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2021 12/02/21 Sold $185,000 +2.8% $134 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
10/18/2021 10/18/21 For Sale $180,000 -- $130 / 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 $1,835 $149,500 $22,000 $127,500
2023 $1,835 $149,500 $22,000 $127,500
2022 $1,872 $142,300 $22,000 $120,300
2021 $1,980 $142,000 $22,000 $120,000
2020 $3,832 $137,300 $22,000 $115,300
2019 $2,681 $94,900 $22,000 $72,900
2018 $1,838 $73,300 $13,800 $59,500
2017 $2,087 $84,000 $13,800 $70,200
2016 $726 $87,700 $13,800 $73,900
2014 $479 $84,900 $13,800 $71,100
2013 $472 $82,700 $13,800 $68,900
Source: Public Records

Agents Affiliated with this Home

  • David Mann

    Seller's Agent in 2021

    David Mann

    Resolute Realty

    (812) 327-2101

    1 in this area

    111 Total Sales

    David Mann
    Section Image

  • B

    Buyer's Agent in 2021

    Brenda Caballero

    Highgarden Real Estate

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21819720

MIBOR Broker Listing Cooperative®

APN: 49-12-14-104-009.000-900

Indiana Marion County Indianapolis 46241 Chapel Hill-Ben Davis

1507 Bailey Dr, Indianapolis, IN

This home is located at 1507 Bailey Dr, Indianapolis, IN 46241 since 18 October 2021 and is currently estimated at $223,863, approximately $161 per square foot. This property was built in 1977. 1507 Bailey Dr is a home located in Marion County with nearby schools including McClelland Elementary School, Lynhurst 7th & 8th Grade Center, and Ben Davis University High School.

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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