NOT LISTED FOR SALE

Estimated Value: $99,000 - $136,436

2 Beds
1 Bath
1,496 Sq Ft
$79/Sq Ft Est. Value

Last Sold April 13, 2018

Last sale price $19,000 $13 Per Sq Ft

Est. 520% increase in value since last sale

Current estimated payment $837/month

51 Days on Market

Highlights

  • Covered Patio or Porch
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of April 2018

Attention Investors! Here's a great 2 bedroom, 1 bath investment property with a two car garage on the West side of Indy. It needs some rehab, as reflected in the price, but once cleaned up it would make a great cash flowing home. Rental comps are 595-650/month.

Last Agent to Sell the Property

Robert LaRovere

Listed on: 02/13/2018

Last Buyer's Agent

Bradford Johnston

Fathom Realty License #RB15001126

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $296

Year Built

  • Built in 1921

Lot Details

  • 6,316

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,496 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Basement
  • Basement Cellar

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Covered Patio or Porch
  • 6,316 Sq Ft Lot

Community Details

  • Rainbow Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490632115823000901

Home Details

Home Type

Single Family

Est. Annual Taxes

$296

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1921
  • Garage Y N: Yes
  • Lot Size Acres: 0.145
  • Subdivision Name: RAINBOW RIDGE
  • Inspection Warranties: Not Applicable
  • Property Description: Attention Investors! Here's a great 2 bedroom, 1 bath investment property with a two car garage on the West side of Indy. It needs some rehab, as reflected in the price, but once cleaned up it would make a great cash flowing home. Rental comps are 595-650/month.
  • Transaction Type: Sale
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Cellar
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors,Screens Some
  • Living Area: 1496
  • Other Equipment: Not Applicable
  • Room Count: 4
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 752
  • Main Level Sq Ft: 752
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1496
  • Below Grade Sq Ft: 744
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Cellar

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 21900
  • Association Maintained Building Exterior: 0
  • Porch: Covered Patio

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: 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: 490632115823000901
  • Acres: <1/4 Acre
  • Lot Number: 9006007
  • Lot Size: 6,316

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 296
  • Semi Annual Property Tax Amt: 148
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2018
Closed on
Apr 12, 2018
Sold by
Yarn Llc
Bought by
Solano Dulce A
Seller's Agent
Robert LaRovere
Buyer's Agent
Bradford Johnston
Fathom Realty
List Price
$21,900
Sold Price
$19,000
Premium/Discount to List
-$2,900
-13.24%
Current Estimated Value
$117,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,859
Avg. Annual Appreciation
27.63%

Purchase Details

Closed on
Nov 6, 2017
Sold by
Moneymaker Roy
Bought by
White Sterling

Purchase Details

Closed on
Feb 22, 2007
Sold by
Kennedy Joseph Arthur
Bought by
Moneymaker Roy
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
Solano Dulce A $19,000 Investors Title Service
White Sterling $10,500 --
Yam Llc $10,500 Investors Title Service
Moneymaker Roy -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2018 04/13/18 Sold $19,000 -13.2% $13 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
03/27/2018 03/27/18 For Sale $21,900 0.0% $15 / Sq Ft
02/15/2018 02/15/18 Pending -- -- --
02/13/2018 02/13/18 For Sale $21,900 -- $15 / 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 $2,523 $109,400 $4,100 $105,300
2023 $2,523 $101,900 $4,100 $97,800
2022 $2,510 $101,900 $4,100 $97,800
2021 $1,456 $58,700 $4,100 $54,600
2020 $1,361 $54,500 $4,100 $50,400
2019 $1,121 $43,400 $4,100 $39,300
2018 $1,107 $42,500 $4,100 $38,400
2017 $753 $42,000 $4,100 $37,900
2016 $386 $45,800 $4,100 $41,700
2014 $321 $44,400 $4,100 $40,300
2013 $320 $43,900 $4,100 $39,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21546147

MIBOR Broker Listing Cooperative®

APN: 49-06-32-115-823.000-901