NOT LISTED FOR SALE

1812 N Somerset Ave Indianapolis, IN 46222

Eagledale Neighborhood

Estimated Value: $132,000 - $181,024

3 Beds
1 Bath
1,462 Sq Ft
$107/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $25,000 $17 Per Sq Ft

Est. 526% increase in value since last sale

Current estimated payment $972/month

Highlights

  • Mature Trees
  • No HOA
  • Forced Air Heating System
  • Ranch Style House
  • 2 Car Attached Garage
  • Family or Dining Combination

About This Home

As of May 2020

Looking for new investor owner. Property rock bottom priced due to COVID-19 situation and so as not to disrupt tenant, no showings/inspections. Current rent is $550. No lease, tenant is month to month.

Last Agent to Sell the Property

Nan Minatel

F.C. Tucker Company Listed on: 04/22/2020

F.C. Tucker Company

Last Buyer's Agent

Doreen Harris

RE/MAX Advanced Realty

RE/MAX Advanced Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 5,271 Sq Ft Lot
  • Mature Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 1,462 Sq Ft Home
  • Family or Dining Combination
  • Crawl Space
  • Attic Access Panel
  • Electric Oven

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • No Home Owners Association
  • Rainbow Ridge Subdivision

Listing and Financial Details

  • Tax Lot 655 656
  • Assessor Parcel Number 490632115457000901

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1940
  • Building Area Total: 1462
  • Garage Y N: Yes
  • Lot Size Acres: 0.121
  • Subdivision Name: Rainbow Ridge
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: nan@talktotucker.com
  • Special Features: None

Interior Features

  • Basement: No
  • Basement Type: Crawl Space
  • Appliances: Electric Oven, Refrigerator, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access
  • Living Area: 1462
  • Main Level Bedrooms: 3
  • Other Equipment: Not Applicable
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1462
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0
  • SqFt Total: 1462

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • List Price: 25000

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Garage Sq Ft: 975

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 5271
  • Parcel Number: 490632115457000901
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1590
  • Tax Lot: 655 656
  • Semi Annual Property Tax Amt: 795
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2020
Closed on
May 12, 2020
Sold by
South Drive 1812 Llc
Bought by
Montero Diana San Juan
Seller's Agent
Nan Minatel
F.C. Tucker Company
Buyer's Agent
Doreen Harris
RE/MAX Advanced Realty
List Price
$25,000
Sold Price
$25,000
Current Estimated Value
$156,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,506
Avg. Annual Appreciation
40.54%
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
Montero Diana San Juan $25,000 Title Services, Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $25,000 0.0% $17 / Sq Ft
04/22/2020 04/22/20 Pending -- -- --
04/22/2020 04/22/20 For Sale $25,000 -- $17 / 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 $1,705 $152,400 $7,600 $144,800
2023 $1,705 $142,100 $7,600 $134,500
2022 $1,825 $142,100 $7,600 $134,500
2021 $2,040 $81,000 $7,600 $73,400
2020 $1,912 $75,400 $7,600 $67,800
2019 $1,590 $60,500 $7,600 $52,900
2018 $1,570 $59,300 $7,600 $51,700
2017 $1,313 $54,700 $3,800 $50,900
2016 $1,373 $59,000 $3,800 $55,200
2014 $1,232 $57,000 $3,800 $53,200
2013 $1,173 $56,400 $3,800 $52,600
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2020

    Nan Minatel

    F.C. Tucker Company

    Section Image

  • D

    Buyer's Agent in 2020

    Doreen Harris

    RE/MAX

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21706342

MIBOR Broker Listing Cooperative®

APN: 49-06-32-115-457.000-901

Indiana Marion County Indianapolis 46222 Eagledale

1812 N Somerset Ave, Indianapolis, IN

This home is located at 1812 N Somerset Ave, Indianapolis, IN 46222 since 22 April 2020 and is currently estimated at $156,506, approximately $107 per square foot. This property was built in 1940. 1812 N Somerset Ave is a home located in Marion County with nearby schools including The PATH School, George Washington Community High School No. 721, and Arsenal Technical High 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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