NOT LISTED FOR SALE

Estimated Value: $84,000 - $138,613

3 Beds
1 Bath
4,272 Sq Ft
$26/Sq Ft Est. Value

Last Sold August 21, 2017

Last sale price $17,000 $4 Per Sq Ft

Est. 552% increase in value since last sale

Current estimated payment $756/month

16 Days on Market

Highlights

  • L-Shaped Dining Room
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of August 2017

Fantastic Buy and Hold Opportunity Near Haughville Neighborhood of Indianapolis. It’s a Single Family Home with 3 beds and 1 bath. Good Rental Area! The house has Solid Bones, but needs Some TLC. It is quite spacious, nearly 1,200 Sq Ft. The property is currently vacant and is available for renovating right away. So There is a Potential To Bring In a Stable Monthly Cash Flow!

Last Agent to Sell the Property

Jaren Barnes

Listed on: 08/04/2017

Co-Listed By

Brett Snodgrass

Red Bridge Real Estate License #RB14036993

Last Buyer's Agent

Ronnie Reese

Red Bridge Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 5,489 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1-Story Property
  • L-Shaped Dining Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • Hamlin L Shutes S Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490633119014000901

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1952
  • Co List Office Phone: 812-216-8602
  • Garage Y N: No
  • Lot Size Acres: 0.126
  • Subdivision Name: HAMLIN L SHUTES S SUB
  • Inspection Warranties: Not Applicable
  • Property Description: Fantastic Buy and Hold Opportunity Near Haughville Neighborhood of Indianapolis. It’s a Single Family Home with 3 beds and 1 bath. Good Rental Area! The house has Solid Bones, but needs Some TLC. It is quite spacious, nearly 1,200 Sq Ft. The property is currently vacant and is available for renovating right away. So There is a Potential To Bring In a Stable Monthly Cash Flow!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 4272
  • Other Equipment: Not Applicable
  • Room Count: 2
  • Eating Area: Dining-L
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 3312
  • Main Level Sq Ft: 2136
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 4272
  • Below Grade Sq Ft: 960
  • Upper Level Sq Ft: 1176
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Brick
  • List Price: 21900
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490633119014000901
  • Acres: <1/4 Acre
  • Lot Number: 23
  • Lot Size: 5,489

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 33300
  • Semi Annual Property Tax Amt: 16650
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2019
Sold by
Cranberry Properties Llc
Bought by
1833 Warman Land Trust
Current Estimated Value
$110,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Outstanding Balance
$26,613
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$84,579

Purchase Details

Closed on
Nov 1, 2017
Sold by
Oceanpointe Investments Ltd
Bought by
Oceanpointe Holdings Llc

Purchase Details

Listed on
Aug 4, 2017
Closed on
Oct 6, 2017
Seller's Agent
Jaren Barnes
Buyer's Agent
Ronnie Reese
Red Bridge Real Estate
Sold Price
$17,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.20%

Purchase Details

Listed on
Aug 4, 2017
Closed on
Aug 18, 2017
Seller's Agent
Jaren Barnes
Buyer's Agent
Ronnie Reese
Red Bridge Real Estate
Sold Price
$17,000

Purchase Details

Listed on
Aug 4, 2017
Closed on
Jul 28, 2017
Sold by
Scott Lillie B
Bought by
Simple Quarters Llc
Seller's Agent
Jaren Barnes
Buyer's Agent
Ronnie Reese
Red Bridge Real Estate
Sold Price
$17,000
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
1833 Warman Land Trust $16,743 Monument Title Insurance Compa
Oceanpointe Holdings Llc -- --
-- $40,500 --
Cranberry Properties Llc $40,500 Paramount Title Agency
-- $17,000 --
-- $22,000 --
Oceanpointe Investments Ltd $22,000 Paramount Title Agency
Indianapolis Housing Partners Llc $22,000 Paramount Title Agency
Simple Quarters Llc $10,000 --
Simple Quarters Llc $10,000 Hocker And Associates
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1833 Warman Land Trust $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2017 08/21/17 Sold $17,000 -- $4 / 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 $1,975 $75,600 $3,000 $72,600
2023 $1,975 $78,700 $3,000 $75,700
2022 $3,324 $70,200 $3,000 $67,200
2021 $1,215 $48,200 $3,000 $45,200
2020 $1,011 $39,300 $3,000 $36,300
2019 $979 $37,300 $3,000 $34,300
2018 $984 $37,300 $3,000 $34,300
2017 $92 $34,100 $3,000 $31,100
2016 $90 $34,100 $3,000 $31,100
2014 $59 $32,800 $3,000 $29,800
2013 $59 $32,400 $3,000 $29,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21504491

MIBOR Broker Listing Cooperative®

APN: 49-06-33-119-014.000-901