NOT LISTED FOR SALE

1665 Gerrard Ave Indianapolis, IN 46224

Estimated Value: $249,000 - $270,000

2 Beds
1 Bath
1,383 Sq Ft
$187/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $249,000 $180 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,711/month

2 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Formal Dining Room
  • Speedway Junior High School Rated A
  • No HOA
  • 2 Car Detached Garage

About This Home

As of March 2024

Meticulously updated & maintained home boast a fully remodeled kitchen in 2020. This residence features a new AC system installed in 2023 ensuring comfort year-round, a full basement offering additional space & a bonus room all with new windows & new water softener. Enjoy the convenience of established perennial landscaping, a back deck added in 2019 for outdoor entertainment with a fenced in backyard for privacy. Not only is there an easy commute to I-465, but also just a block away from Leonard Park that is connected to the B&O trail, and a 1/2 mile from the iconic Indianapolis Motor Speedway! This residence is not just a home, it's a lifestyle upgrade waiting for you!

Last Agent to Sell the Property

Mattilanne Humphress

Dropped Members Brokerage Email: mattidavis4@gmail.com License #RB20001609 Listed on: 02/05/2024

Last Buyer's Agent

Caroline McPherson

Carpenter, REALTORS® License #RB16001330

Carpenter, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,816

Year Built

  • Built in 1939

Lot Details

  • 6,098

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Vinyl Clad Windows
  • Formal Dining Room
  • Wood Flooring
  • Attic Access Panel

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Basement Lookout

Schools

  • Speedway Junior High School
  • Speedway Senior High School

Utilities

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

Additional Features

  • Porch
  • 6,098 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Schloss Home Place Subdivision

Listing and Financial Details

  • Tax Lot 49-06-31-109-007.000-914
  • Assessor Parcel Number 490631109007000914

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,816

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1939
  • Building Area Total: 2448
  • Garage Y N: Yes
  • Lot Size Acres: 0.14
  • Subdivision Name: Schloss Home Place
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: mattidavis4@gmail.com
  • Attribution Contact: mattidavis4@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Daylight/Lookout Windows, Full
  • Appliances: Gas Cooktop, Dishwasher, MicroHood, Gas Oven, Refrigerator, Water Heater, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 159
  • Fireplace Features: Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Hardwood Floors, Hi-Speed Internet Availbl, Windows Vinyl
  • Living Area: 1383
  • Main Level Bedrooms: 2
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1224
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Block
  • List Price: 245000
  • Patio And Porch Features: Porch Open

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Garage Sq Ft: 360

Utilities

  • Utilities: Electricity Connected, Gas
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: In Basement
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Speedway Junior High School

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 6098
  • Parcel Number: 490631109007000914
  • Acres: <1/4 Acre
  • Price Acre: 1778571

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1816
  • Tax Lot: 49-06-31-109-007.000-914
  • Semi Annual Property Tax Amt: 908
  • Tax Exemption: Homestead Tax Exemption,Mortgage Tax Exemption

MLS Schools

  • High School: Speedway Senior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Mar 26, 2024
Sold by
New Colton Dean
Bought by
Murphy Diane and Cmehil Michael
Seller's Agent
Mattilanne Humphress
Dropped Members
Buyer's Agent
Caroline McPherson
Carpenter, REALTORS®
List Price
$245,000
Sold Price
$249,000
Premium/Discount to List
$4,000
1.63%
Views
66
Current Estimated Value
$264,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,409
Avg. Annual Appreciation
1.52%
Original Mortgage
$220,000
Outstanding Balance
$217,664
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$36,446

Purchase Details

Listed on
Nov 3, 2017
Closed on
Dec 22, 2017
Sold by
Jane Mcdaniel Ellen
Bought by
Dean New Colton
Seller's Agent
Libby Somerville
Compass Indiana, LLC
Buyer's Agent
Jeff Bollman
List Price
$124,900
Sold Price
$126,500
Premium/Discount to List
$1,600
1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.41%
Original Mortgage
$124,208
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2008
Sold by
Record Ellen Jane
Bought by
Hunter Angela Marie
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
Murphy Diane $248,000 Quality Title
Dean New Colton $126,500 --
New Colton Dean $126,500 Enterprise Title
Hunter Angela Marie $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Diane $220,000
Previous Owner New Colton Dean $124,208
Closed Hunter Angela Marie $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $249,000 +1.6% $180 / Sq Ft
02/08/2024 02/08/24 Pending -- -- --
02/05/2024 02/05/24 For Sale $245,000 +93.7% $177 / Sq Ft
12/22/2017 12/22/17 Sold $126,500 +1.3% $103 / Sq Ft
11/27/2017 11/27/17 Pending -- -- --
11/03/2017 11/03/17 For Sale $124,900 -- $102 / 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 $3,000 $245,300 $18,200 $227,100
2023 $3,000 $240,000 $18,200 $221,800
2022 $2,934 $231,000 $18,200 $212,800
2021 $1,816 $147,800 $18,200 $129,600
2020 $1,677 $138,600 $18,200 $120,400
2019 $1,414 $126,100 $18,200 $107,900
2018 $1,424 $124,800 $18,200 $106,600
2017 $1,308 $121,700 $18,200 $103,500
2016 $2,867 $115,200 $18,200 $97,000
2014 $2,697 $109,300 $18,200 $91,100
2013 $2,608 $104,900 $18,200 $86,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Mattilanne Humphress

    Dropped Members

    Section Image
  • Caroline McPherson

    Buyer's Agent in 2024

    Caroline McPherson

    Carpenter, REALTORS®

    (317) 340-1320

    1 in this area

    48 Total Sales

    Section Image

  • L

    Seller's Agent in 2017

    Libby Somerville

    Compass Indiana, LLC

    Section Image

  • R

    Seller Co-Listing Agent in 2017

    Robert Baxter

    Compass Indiana, LLC

    Section Image

  • J

    Buyer's Agent in 2017

    Jeff Bollman

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21962531

MIBOR Broker Listing Cooperative®

APN: 49-06-31-109-007.000-914

Indiana Marion County Indianapolis 46224

1665 Gerrard Ave, Indianapolis, IN

This home is located at 1665 Gerrard Ave, Indianapolis, IN 46224 since 05 February 2024 and is currently estimated at $258,122, approximately $186 per square foot. This property was built in 1939. 1665 Gerrard Ave is a home located in Marion County with nearby schools including Speedway Junior High School, Speedway Senior High School, and St. Christopher 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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