NOT LISTED FOR SALE

1616 Gerrard Ave Speedway, IN 46224

Estimated Value: $242,829 - $292,000

2 Beds
1 Bath
2,288 Sq Ft
$114/Sq Ft Est. Value

Last Sold February 28, 2013

Last sale price $100,000 $44 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $1,618/month

31 Days on Market

About This Home

As of February 2013

Charming 2 bedroom bungalow on a quiet street in Speedway. Move in ready with motivated sellers. Full unfinished basement with daylight windows leaves endless possibilities.

Last Agent to Sell the Property

Todd Frost

Listed on: 01/24/2013

Last Buyer's Agent

Sharron Hill

Hill & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $956

Year Built

  • 1938

Lot Details

  • 6,098

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$956

Year Built

1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Architectural Style: Ranch
  • Directions: From Crawfordsville Rd, south onto Lynhurst to 16th St. Turn east on 16th to Gerrard. North on Gerrard, first home on the left
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: SCHLOSS HOME PLACE
  • Special Features: None
  • Year Built: 1938

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, Electric Oven, Refrigerator, Washer
  • Has Basement: Egress Window(s), Unfinished
  • Fireplace Features: None
  • Eating Area: Eat In Kitchen,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1144
  • Main Level Sq Ft: 1144
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Below Grade Sq Ft: 1144
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Bathroom Areas: 1.0000
  • Optional Level Below Grade: Basement
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access, Walk-in Closet(s)
  • Other Equipment: Security Alarm Rented, Smoke Detector, Water-Softener Owned

Exterior Features

  • Exterior Features: Driveway Asphalt, Playground, Storage
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Construction Type: Aluminum Siding
  • Disclosures: Not Applicable

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Solid Waste: 0
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: Gas
  • Sewer: Sewer Connected
  • Water Source: Public

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Storm Sewer,Street Lights,Trees Small
  • Lot Number: 78
  • Lot Size: 50X122

Tax Info

  • Semi Annual Property Tax Amt: 478
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption
  • Tax Annual Amount: 956
  • Tax Year: 2012

MLS Schools

  • School District: Speedway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2021
Sold by
Compton Sandra L and Bartlett James E
Bought by
Francis Patrick Michael
Current Estimated Value
$261,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,275
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2013
Closed on
Mar 28, 2013
Sold by
Mcclara Jason A
Bought by
Bartlett James E and Compton Sandra L
Seller's Agent
Todd Frost
Buyer's Agent
Sharron Hill
Hill & Associates
List Price
$100,000
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%

Purchase Details

Listed on
Jan 24, 2013
Closed on
Feb 26, 2013
Sold by
Mcclara Jason A
Bought by
Compton Sandra L and Bartlett James E
Seller's Agent
Todd Frost
Buyer's Agent
Sharron Hill
Hill & Associates
List Price
$100,000
Sold Price
$100,000
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
Francis Patrick Michael -- None Available
Bartlett James E -- --
Compton Sandra L $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Francis Patrick Michael $194,275
Previous Owner Mcclara Jason A $75,185
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2013 02/28/13 Sold $100,000 0.0% $44 / Sq Ft
02/25/2013 02/25/13 Pending -- -- --
01/24/2013 01/24/13 For Sale $100,000 -- $44 / 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 $2,435 $201,300 $18,200 $183,100
2023 $2,435 $197,000 $18,200 $178,800
2022 $2,380 $189,800 $18,200 $171,600
2021 $1,828 $148,700 $18,200 $130,500
2020 $3,491 $139,500 $18,200 $121,300
2019 $3,180 $126,900 $18,200 $108,700
2018 $3,169 $125,600 $18,200 $107,400
2017 $3,012 $120,100 $18,200 $101,900
2016 $2,832 $113,800 $18,200 $95,600
2014 $2,658 $107,700 $18,200 $89,500
2013 $2,560 $103,400 $18,200 $85,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21212728

MIBOR Broker Listing Cooperative®

APN: 49-06-31-109-045.000-914