NOT LISTED FOR SALE

1611 S Emerson Ave Indianapolis, IN 46203

Southeast Indianapolis Neighborhood

Estimated Value: $147,000 - $167,000

4 Beds
1 Bath
1,205 Sq Ft
$129/Sq Ft Est. Value

Last Sold March 11, 2016

Last sale price $22,000 $18 Per Sq Ft

Est. 605% increase in value since last sale

Current estimated payment $1,049/month

50 Days on Market

Highlights

  • Ranch Style House
  • Combination Kitchen and Dining Room
  • Garage
  • Forced Air Heating System

About This Home

As of March 2016

4 Bedroom / 1 bathroom home. Needs updates and some remodeling. Currently being used as a rental property. Tenant's lease doesn't expire until October 2016, however tenant is open to moving early. Tenant is only paying $425/month.

Last Agent to Sell the Property

Keith Farabee

CityPlace Realty License #RB14036865 Listed on: 01/06/2016

Last Buyer's Agent

Keith Farabee

CityPlace Realty License #RB14036865 Listed on: 01/06/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $336

Year Built

  • Built in 1954

Lot Details

  • 6,360 Sq Ft Lot

Parking

  • Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,205 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • Emerson Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491015108104000700

Home Details

Home Type

Single Family

Est. Annual Taxes

$336

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1954
  • Garage Y N: Yes
  • Lot Size Acres: 0.146
  • Subdivision Name: EMERSON PLACE
  • Inspection Warranties: General
  • Property Description: 4 Bedroom / 1 bathroom home. Needs updates and some remodeling. Currently being used as a rental property. Tenant's lease doesn't expire until October 2016, however tenant is open to moving early. Tenant is only paying $425/month.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 1205
  • Other Equipment: Smoke Detector
  • Room Count: 6
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1205
  • Main Level Sq Ft: 1205
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1205
  • Below Grade Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Crawl Space
  • List Price: 27900
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Detached

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491015108104000700
  • Acres: <1/4 Acre
  • Lot Number: 5
  • Lot Size: 6,360

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 336
  • Semi Annual Property Tax Amt: 168
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2016
Closed on
Mar 3, 2016
Sold by
Camry Investments Llc
Bought by
Long Justin and Long Reagan
Seller's Agent
Keith Farabee
CityPlace Realty
Buyer's Agent
Keith Farabee
CityPlace Realty
List Price
$27,900
Sold Price
$22,000
Premium/Discount to List
-$5,900
-21.15%
Current Estimated Value
$155,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,183
Avg. Annual Appreciation
22.37%

Purchase Details

Closed on
Dec 10, 2014
Sold by
Residential Fund 138 Llc
Bought by
Camry Investments Llc

Purchase Details

Closed on
Nov 24, 2014
Sold by
Murray Traci L
Bought by
Residential Fund 138 Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Long Justin -- Mtc
Camry Investments Llc -- Mtc
Residential Fund 138 Llc $34,588 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Long Justin $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2016 03/11/16 Sold $22,000 -21.1% $18 / Sq Ft
02/26/2016 02/26/16 Pending -- -- --
01/06/2016 01/06/16 For Sale $27,900 -- $23 / 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 $2,457 $103,000 $10,700 $92,300
2023 $2,457 $103,000 $10,700 $92,300
2022 $1,941 $84,300 $10,700 $73,600
2021 $1,758 $75,900 $10,700 $65,200
2020 $1,854 $80,200 $10,700 $69,500
2019 $1,716 $74,000 $6,600 $67,400
2018 $1,350 $57,500 $6,600 $50,900
2017 $1,097 $51,000 $6,600 $44,400
2016 $1,223 $57,400 $6,600 $50,800
2014 $336 $55,800 $6,600 $49,200
2013 $1,116 $55,800 $6,600 $49,200
Source: Public Records

Agents Affiliated with this Home

  • Keith Farabee

    Seller's Agent in 2016

    Keith Farabee

    CityPlace Realty

    (317) 503-0788

    7 Total Sales

    Keith Farabee
    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21393267

MIBOR Broker Listing Cooperative®

APN: 49-10-15-108-104.000-700

Indiana Marion County Indianapolis 46203 Southeast Indianapolis

1611 S Emerson Ave, Indianapolis, IN

This home is located at 1611 S Emerson Ave, Indianapolis, IN 46203 since 06 January 2016 and is currently estimated at $155,183, approximately $128 per square foot. This property was built in 1954. 1611 S Emerson Ave is a home located in Marion County with nearby schools including Lowell Elementary School, Raymond Park Intermediate School (5-6), and Raymond Park Middle 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.

Nearby Homes