NOT LISTED FOR SALE

1612 E Elbert St Indianapolis, IN 46227

Edgewood Neighborhood

Estimated Value: $190,000 - $205,000

6 Beds
1 Bath
1,916 Sq Ft
$102/Sq Ft Est. Value

Last Sold August 21, 2015

Last sale price $25,500 $13 Per Sq Ft

Est. 669% increase in value since last sale

Current estimated payment $1,249/month

31 Days on Market

Highlights

  • Bungalow
  • Forced Air Heating System
  • Garage
  • 1-Story Property

About This Home

As of August 2015

FIXER UPPER... Why would a 2BDRM-1BTH Bungalow in Perry Twp with a full basement, 2C-Detached Garage and a nice size lot be offered at such a ridiculous price??? It needs a buyer who is no afraid to put in some HARD WORK! It has newer vinyl siding, roof, and vinyl windows, however it's older than dirt, but worth a tour! Hurry, and view this beauty today as at this price it will be gone quick.

Last Agent to Sell the Property

Karissa Grove

The Grove Brokerage LLC License #RB14031188 Listed on: 07/02/2015

Last Buyer's Agent

Gail Webb

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $326

Year Built

  • Built in 1910

Lot Details

  • 10,411

Parking

  • Garage

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,916 Sq Ft Home
  • 1-Story Property
  • Attic Access Panel
  • Unfinished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 10,411 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • Longacre Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491031113048000500

Home Details

Home Type

Single Family

Est. Annual Taxes

$326

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1910
  • Garage Y N: Yes
  • Lot Size Acres: 0.239
  • Subdivision Name: LONGACRE
  • Inspection Warranties: Not Applicable
  • Property Description: FIXER UPPER... Why would a 2BDRM-1BTH Bungalow in Perry Twp with a full basement, 2C-Detached Garage and a nice size lot be offered at such a ridiculous price??? It needs a buyer who is no afraid to put in some HARD WORK! It has newer vinyl siding, roof, and vinyl windows, however it's older than dirt, but worth a tour! Hurry, and view this beauty today as at this price it will be gone quick.
  • 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: 6
  • Interior Amenities: Attic Access
  • Living Area: 1916
  • Other Equipment: Not Applicable
  • Room Count: 4
  • Areas Interior: Foyer Small,Laundry Room Main Level
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1095
  • Main Level Sq Ft: 1095
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1916
  • Below Grade Sq Ft: 821
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Bathroom Areas: 1.0000
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: BankOwned
  • Foundation Details: Block
  • List Price: 25000
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Patio

Garage/Parking

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

Utilities

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

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491031113048000500
  • Acres: <1/4 Acre
  • Lot Number: 64
  • Lot Size: 10411

Tax Info

  • Tax Annual Amount: 326
  • Semi Annual Property Tax Amt: 163
  • Tax Exemption: None

MLS Schools

  • School District: Perry Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2022
Sold by
Wayne Cannon Gerald
Bought by
Rodgers Karen J
Current Estimated Value
$196,106

Purchase Details

Closed on
Feb 13, 2017
Bought by
Cannon Gerald W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
4.17%

Purchase Details

Closed on
Feb 3, 2017
Sold by
Wayne Raber
Bought by
Wayne Cannon Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
4.17%

Purchase Details

Listed on
Jul 2, 2015
Closed on
Aug 28, 2015
Sold by
Guaranty Bank
Bought by
Raber Wayne
Seller's Agent
Karissa Grove
The Grove Brokerage LLC
Buyer's Agent
Gail Webb
List Price
$25,000
Sold Price
$25,500
Premium/Discount to List
$500
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.47%

Purchase Details

Closed on
Apr 1, 2015
Sold by
Whitaker Debbie and Henderson Cindy
Bought by
Guaranty Bank
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
Rodgers Karen J -- --
Cannon Gerald W -- --
Wayne Cannon Gerald $112,000 --
Raber Wayne -- First American Title Ins Co
Guaranty Bank $4,990 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cannon Gerald W $72,000
Previous Owner Cannon Gerald W --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2015 08/21/15 Sold $25,500 +2.0% $13 / Sq Ft
08/03/2015 08/03/15 Pending -- -- --
07/29/2015 07/29/15 For Sale $25,000 0.0% $13 / Sq Ft
07/07/2015 07/07/15 Pending -- -- --
07/02/2015 07/02/15 For Sale $25,000 -- $13 / 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 $2,254 $185,700 $14,800 $170,900
2023 $2,254 $177,400 $14,800 $162,600
2022 $1,760 $162,500 $14,800 $147,700
2021 $1,356 $134,600 $14,800 $119,800
2020 $1,160 $124,500 $14,800 $109,700
2019 $933 $110,700 $6,700 $104,000
2018 $886 $108,000 $6,700 $101,300
2017 $805 $84,900 $6,700 $78,200
2016 $2,403 $88,100 $6,700 $81,400
2014 $327 $86,500 $6,700 $79,800
2013 $351 $86,500 $6,700 $79,800
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Karissa Grove

    The Grove Brokerage LLC

    (317) 339-4027

    26 Total Sales

    Karissa Grove
    Section Image

  • G

    Buyer's Agent in 2015

    Gail Webb

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21363051

MIBOR Broker Listing Cooperative®

APN: 49-10-31-113-048.000-500

Indiana Marion County Indianapolis 46227 Edgewood

1612 E Elbert St, Indianapolis, IN

This home is located at 1612 E Elbert St, Indianapolis, IN 46227 since 02 July 2015 and is currently estimated at $196,106, approximately $102 per square foot. This property was built in 1910. 1612 E Elbert St is a home located in Marion County with nearby schools including Homecroft Elementary School, Southport 6th Grade Academy, and Southport 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.

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