NOT LISTED FOR SALE

1520 S Edgecombe Ave Indianapolis, IN 46227

University Heights Neighborhood

Estimated Value: $110,000 - $179,512

3 Beds
1 Bath
1,111 Sq Ft
$132/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $96,000 $86 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $920/month

38 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Vinyl Flooring

About This Home

As of August 2023

SELLER HAS MADE REPAIRS THAT INCLUDE FOUNDATION AND CRAWL SPACE WORK WITH NEW MAIN BEAM AND JOISTS. This is an excellent investment property under 100K. With it's attractive rental potential, fetching almost $1000 per month, this property presents an enticing opportunity. Boasting new paint and new flooring along with its 3 bedrooms and one bath, this residence is sure to attract great renters. Seller will make no more repairs. If you are not waiving the inspection it will be for your knowledge only!

Last Agent to Sell the Property

Sue Cerk

Indianapolis Homes Realty Group License #RB14050471 Listed on: 06/30/2023

Last Buyer's Agent

Sue Cerk

Indianapolis Homes Realty Group License #RB14050471 Listed on: 06/30/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,140

Year Built

  • Built in 1910

Lot Details

  • 40 Sq Ft Lot

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,111 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Vinyl Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Raymond F Brandes School 65 Elementary School
  • Arlington Community Middle School
  • Emmerich Manual High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Woodlawn Gardens Subdivision

Listing and Financial Details

  • Legal Lot and Block 297 / 3
  • Assessor Parcel Number 491030132060000574

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,140

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1910
  • Building Area Total: 1111
  • Garage Y N: No
  • Lot Size Acres: 0.12
  • Subdivision Name: Woodlawn Gardens
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Gas Water Heater, Gas Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 1111
  • Main Level Bedrooms: 3
  • Other Equipment: Not Applicable
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1111
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Block
  • List Price: 99000

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Arlington Community Middle School

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 40
  • Parcel Number: 491030132060000574
  • Acres: <1/4 Acre
  • Price Acre: 800000

Tax Info

  • Tax Annual Amount: 1140
  • Tax Block: 3
  • Tax Lot: 297
  • Semi Annual Property Tax Amt: 570
  • Tax Exemption: None

MLS Schools

  • Elementary School: Raymond F Brandes School 65
  • High School: Emmerich Manual High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2024
Sold by
Kt Properties Indianapolis Llc
Bought by
Fetch Indy Llc-S-1520 Edgecombe Ave Protected
Current Estimated Value
$147,128

Purchase Details

Listed on
Jun 30, 2023
Closed on
Aug 17, 2023
Sold by
Bishop Hollow Llc
Bought by
Kt Properties Indianapolis Llc
Seller's Agent
Sue Cerk
Indianapolis Homes Realty Group
Buyer's Agent
Sue Cerk
Indianapolis Homes Realty Grou
List Price
$99,000
Sold Price
$96,000
Premium/Discount to List
-$3,000
-3.03%
Views
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
21.74%

Purchase Details

Listed on
Jun 30, 2023
Closed on
Aug 15, 2023
Sold by
Bishop Hollow Llc
Bought by
Kt Properties Indianapolis Llc
Seller's Agent
Sue Cerk
Indianapolis Homes Realty Group
Buyer's Agent
Sue Cerk
Indianapolis Homes Realty Grou
List Price
$99,000
Sold Price
$96,000
Premium/Discount to List
-$3,000
-3.03%
Views
95

Purchase Details

Listed on
Jun 30, 2023
Closed on
Aug 11, 2023
Sold by
Sk Homes Llc
Bought by
Bishop Hollow Llc
Seller's Agent
Sue Cerk
Indianapolis Homes Realty Group
Buyer's Agent
Sue Cerk
Indianapolis Homes Realty Grou
List Price
$99,000
Sold Price
$96,000
Premium/Discount to List
-$3,000
-3.03%
Views
95

Purchase Details

Listed on
Jun 30, 2023
Closed on
Aug 9, 2023
Sold by
Sk Homes Llc
Bought by
Bishop Hollow Llc
Seller's Agent
Sue Cerk
Indianapolis Homes Realty Group
Buyer's Agent
Sue Cerk
Indianapolis Homes Realty Grou
List Price
$99,000
Sold Price
$96,000
Premium/Discount to List
-$3,000
-3.03%
Views
95

Purchase Details

Closed on
Feb 12, 2016
Sold by
Equity Trust Company
Bought by
Sk Homes Llc

Purchase Details

Closed on
Dec 2, 2015
Sold by
Financial Center First Credit Union
Bought by
Equity Trust Company and Laura Guy Ira

Purchase Details

Closed on
Jul 21, 2015
Sold by
Long Steven R
Bought by
Financial Center First Credit Union and Financial Center Federal Credit Union

Purchase Details

Closed on
Feb 2, 2009
Sold by
Mcpike Jeffrey S
Bought by
Long Steven R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,200
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2005
Sold by
Mcpike Cassandra S
Bought by
Mcpike Jeffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
5.83%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Fetch Indy Llc-S-1520 Edgecombe Ave Protected -- None Listed On Document
Kt Properties Indianapolis Llc -- Investors Title
Kt Properties Indianapolis Llc $96,000 Investors Title
Bishop Hollow Llc -- Investors Title
Bishop Hollow Llc $115,000 Investors Title
Sk Homes Llc -- Mtc
Equity Trust Company -- None Available
Financial Center First Credit Union $28,000 Attorney
Long Steven R -- Royal Title Services
Mcpike Jeffrey S -- None Available
Mcpike Jeffrey S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Long Steven R $47,200
Previous Owner Mcpike Jeffrey S $213,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2023 08/11/23 Sold $96,000 -3.0% $86 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
08/06/2023 08/06/23 For Sale $99,000 0.0% $89 / Sq Ft
07/23/2023 07/23/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $99,000 +3.1% $89 / Sq Ft
07/14/2023 07/14/23 Off Market $96,000 -- --
07/13/2023 07/13/23 Price Changed $99,000 -9.2% $89 / Sq Ft
07/13/2023 07/13/23 For Sale $109,000 0.0% $98 / Sq Ft
07/01/2023 07/01/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $109,000 -- $98 / 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 $1,675 $117,800 $13,300 $104,500
2023 $1,675 $66,900 $13,300 $53,600
2022 $1,524 $60,900 $13,300 $47,600
2021 $1,224 $49,400 $13,300 $36,100
2020 $1,148 $46,000 $13,300 $32,700
2019 $950 $36,800 $5,600 $31,200
2018 $1,037 $40,200 $5,600 $34,600
2017 $857 $36,700 $5,600 $31,100
2016 $820 $35,800 $5,600 $30,200
2014 $740 $34,200 $5,600 $28,600
2013 $972 $46,700 $5,600 $41,100
Source: Public Records

Agents Affiliated with this Home

  • Sue Cerk

    Seller's Agent in 2023

    Sue Cerk

    Indianapolis Homes Realty Group

    (317) 691-1165

    2 in this area

    77 Total Sales

    Sue Cerk
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21929780

MIBOR Broker Listing Cooperative®

APN: 49-10-30-132-001.031-501

Indiana Marion County Indianapolis 46227 University Heights

1520 S Edgecombe Ave, Indianapolis, IN

This home is located at 1520 S Edgecombe Ave, Indianapolis, IN 46227 since 30 June 2023 and is currently estimated at $147,128, approximately $132 per square foot. This property was built in 1910. 1520 S Edgecombe Ave is a home located in Marion County with nearby schools including Eleanor Skillen School No. 34, Ralph Waldo Emerson School 58, and George W. Julian School No. 57.

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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