NOT LISTED FOR SALE

1525 Bailey Dr Indianapolis, IN 46241

Chapel Hill-Ben Davis Neighborhood

Estimated Value: $124,000 - $166,868

2 Beds
1 Bath
948 Sq Ft
$155/Sq Ft Est. Value

Last Sold December 15, 2017

Last sale price $40,001 $42 Per Sq Ft

Est. 282% increase in value since last sale

Current estimated payment $1,075/month

33 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Forced Air Heating and Cooling System
  • Ben Davis University High School Rated A
  • 1-Story Property
  • Garage

About This Home

As of December 2017

2 bedroom, 1 bath home looking for your finishing touches to make this house a home. Nice lot with large 2 car garage. Appears to have a newer roof but the interior needs cosmetic help. Ideal for investor or buyer looking for some instant equity after applying some elbow grease. Home being sold 'as-is' and offers will be responded to within 24-48 hours.

Last Agent to Sell the Property

Bryan Bransteter

Stratton Realty Group, LLC License #RB14033300 Listed on: 11/10/2017

Last Buyer's Agent

Mirita Zuloaga

MZ Realty, LLC License #RB14040588

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $712

Year Built

  • Built in 1987

Lot Details

  • 0.26

Parking

  • Garage

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 948 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Attic Access Panel

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Deck
  • 0.26 Acre Lot

Community Details

  • Highland Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491214104005000900

Home Details

Home Type

Single Family

Est. Annual Taxes

$712

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow,Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1987
  • Garage Y N: Yes
  • Lot Size Acres: 0.263
  • Subdivision Name: HIGHLAND HEIGHTS
  • Inspection Warranties: Not Applicable
  • Property Description: 2 bedroom, 1 bath home looking for your finishing touches to make this house a home. Nice lot with large 2 car garage. Appears to have a newer roof but the interior needs cosmetic help. Ideal for investor or buyer looking for some instant equity after applying some elbow grease. Home being sold 'as-is' and offers will be responded to within 24-48 hours.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access
  • Living Area: 948
  • Other Equipment: Not Applicable
  • Room Count: 6
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 948
  • Main Level Sq Ft: 948
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 948
  • Below Grade Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: BankOwned
  • Foundation Details: Block
  • List Price: 34900
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level

Garage/Parking

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

Utilities

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

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491214104005000900
  • Acres: 1/4-1/2 Acre
  • Lot Number: 12
  • Lot Size: 11,456

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 712
  • Semi Annual Property Tax Amt: 356
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Wayne Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2017
Closed on
Dec 6, 2017
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Vargas Hernandez Eduardo
Seller's Agent
Bryan Bransteter
Stratton Realty Group, LLC
Buyer's Agent
Mirita Zuloaga
MZ Realty, LLC
List Price
$34,900
Sold Price
$40,001
Premium/Discount to List
$5,101
14.62%
Current Estimated Value
$152,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,689

Purchase Details

Closed on
Jul 28, 2017
Sold by
Nicholas J Vesalak

Purchase Details

Closed on
Jul 11, 2017
Sold by
Veselak Nicholas J and Veselak Patricia K
Bought by
Wilmington Savings Fund Society Fsb
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
Vargas Hernandez Eduardo $40,001 --
-- -- --
Wilmington Savings Fund Society Fsb -- True Concept Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Veselak Nicholas J $84,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2017 12/15/17 Sold $40,001 +14.6% $42 / Sq Ft
11/10/2017 11/10/17 For Sale $34,900 -- $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 $2,863 $116,500 $13,800 $102,700
2023 $2,863 $116,500 $13,800 $102,700
2022 $2,841 $110,700 $13,800 $96,900
2021 $3,027 $107,700 $13,800 $93,900
2020 $2,932 $104,300 $13,800 $90,500
2019 $2,030 $71,000 $13,800 $57,200
2018 $1,630 $64,700 $13,800 $50,900
2017 $751 $73,500 $13,800 $59,700
2016 $816 $76,700 $13,800 $62,900
2014 $579 $74,500 $13,800 $60,700
2013 $595 $72,600 $13,800 $58,800
Source: Public Records

Agents Affiliated with this Home

  • Bryan Bransteter

    Seller's Agent in 2017

    Bryan Bransteter

    Stratton Realty Group, LLC

    (317) 372-6663

    51 Total Sales

    Section Image

  • M

    Buyer's Agent in 2017

    Mirita Zuloaga

    MZ Realty, LLC

    (317) 457-9117

    2 in this area

    17 Total Sales

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21524355

MIBOR Broker Listing Cooperative®

APN: 49-12-14-104-005.000-900

Indiana Marion County Indianapolis 46241 Chapel Hill-Ben Davis

1525 Bailey Dr, Indianapolis, IN

This home is located at 1525 Bailey Dr, Indianapolis, IN 46241 since 10 November 2017 and is currently estimated at $146,717, approximately $154 per square foot. This property was built in 1987. 1525 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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