NOT LISTED FOR SALE

Estimated Value: $107,000 - $183,000

2 Beds
1 Bath
1,728 Sq Ft
$85/Sq Ft Est. Value

Last Sold December 18, 2017

Last sale price $22,100 $13 Per Sq Ft

Est. 567% increase in value since last sale

Current estimated payment $1,009/month

17 Days on Market

Highlights

  • Bungalow
  • Forced Air Heating and Cooling System
  • Garage
  • 1-Story Property
  • Combination Kitchen and Dining Room

About This Home

As of December 2017

Opportunity time!!! Perfect home for the first time buyer or investor looking to add to the inventory. 2BR and 1 bath home with large 2 car detached garage, mature trees, large yard and a basement. Home has been in process of being remodeled and is plumbed for 2nd bathroom as well for the savvy buyer.

Last Agent to Sell the Property

Chris Duke

Elite Indy Realty Group License #RB14048730 Listed on: 11/09/2017

Co-Listed By

Timothy Moffitt

Elite Indy Realty Group License #RB15001479

Last Buyer's Agent

Luis Coronel

Coronel Realty Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 6,316 Sq Ft Lot

Parking

  • Garage

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,728 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Attic Access Panel
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • Gas Oven
  • Gas Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • Rainbow Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490632115808000901

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1925
  • Co List Office Phone: 317-345-5870
  • Garage Y N: Yes
  • Lot Size Acres: 0.145
  • Subdivision Name: RAINBOW RIDGE
  • Inspection Warranties: Not Applicable
  • Property Description: Opportunity time!!! Perfect home for the first time buyer or investor looking to add to the inventory. 2BR and 1 bath home with large 2 car detached garage, mature trees, large yard and a basement. Home has been in process of being remodeled and is plumbed for 2nd bathroom as well for the savvy buyer.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Gas Cooktop, Gas Oven
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access
  • Living Area: 1728
  • Other Equipment: Smoke Detector
  • Room Count: 5
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 864
  • Main Level Sq Ft: 864
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1728
  • Below Grade Sq Ft: 864
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: HUD-Owned
  • Foundation Details: Block
  • List Price: 20000
  • Association Maintained Building Exterior: 0

Garage/Parking

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

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: 490632115808000901
  • Acres: <1/4 Acre
  • Lot Number: 50
  • Lot Size: 6,316

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 982
  • Semi Annual Property Tax Amt: 491
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2017
Closed on
Dec 18, 2017
Sold by
The Secretary Of Hud
Bought by
Romo-Uribe Rosalba
Seller's Agent
Chris Duke
Elite Indy Realty Group
Buyer's Agent
Luis Coronel
Coronel Realty Group
List Price
$20,000
Sold Price
$22,100
Premium/Discount to List
$2,100
10.5%
Current Estimated Value
$147,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,234
Avg. Annual Appreciation
27.54%

Purchase Details

Listed on
Nov 9, 2017
Closed on
Dec 15, 2017
Sold by
Hud
Bought by
Romo Uribe Rosalba
Seller's Agent
Chris Duke
Elite Indy Realty Group
Buyer's Agent
Luis Coronel
Coronel Realty Group
List Price
$20,000
Sold Price
$22,100
Premium/Discount to List
$2,100
10.5%

Purchase Details

Closed on
Sep 15, 2017

Purchase Details

Closed on
Aug 18, 2017
Sold by
Jp Morgan Chase Bank
Bought by
Hud

Purchase Details

Closed on
Jul 13, 2017
Sold by
Hud
Bought by
Jp Morgan Chase Bank

Purchase Details

Closed on
May 6, 2013

Purchase Details

Closed on
Apr 24, 2013
Sold by
Jerome Sheriff and Jerome Clardy E
Bought by
Jpmorgan Chase Bank National Associat

Purchase Details

Closed on
Apr 17, 2013
Sold by
Sheriff John Layton
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
May 9, 2005
Sold by
Johnson William J
Bought by
Clardy Jerome

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,350
Interest Rate
10.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Romo-Uribe Rosalba $22,100 --
Romo Uribe Rosalba -- --
-- $97,500 --
Hud -- --
Jp Morgan Chase Bank -- --
-- $97,500 --
Hud $97,538 Feiwell & Hannoy, P.C.
Jpmorgan Chase Bank National Associat -- --
Jpmorgan Chase Bank National Association $97,500 --
Clardy Jerome -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clardy Jerome $59,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2017 12/18/17 Sold $22,100 +10.5% $13 / Sq Ft
11/27/2017 11/27/17 Pending -- -- --
11/09/2017 11/09/17 For Sale $20,000 -- $12 / 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 $2,687 $116,800 $4,100 $112,700
2023 $2,687 $108,800 $4,100 $104,700
2022 $2,673 $108,800 $4,100 $104,700
2021 $1,523 $61,600 $4,100 $57,500
2020 $526 $57,200 $4,100 $53,100
2019 $442 $45,500 $4,100 $41,400
2018 $442 $44,500 $4,100 $40,400
2017 $393 $44,000 $4,100 $39,900
2016 $1,072 $47,300 $4,100 $43,200
2014 $995 $46,000 $4,100 $41,900
2013 $510 $45,400 $4,100 $41,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21523907

MIBOR Broker Listing Cooperative®

APN: 49-06-32-115-808.000-901