NOT LISTED FOR SALE

Estimated Value: $77,000 - $136,017

2 Beds
1 Bath
788 Sq Ft
$125/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $65,000 $82 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $681/month

20 Days on Market

Highlights

  • Breakfast Room
  • Landscaped with Trees
  • Forced Air Heating and Cooling System
  • Bungalow
  • 1-Story Property
  • 2 Car Garage

About This Home

As of December 2022

Investors! Investors! 2 bed 1 bath fixer-upper on a double lot, just minutes from the Indianapolis Motor Speedway! Great potential with this one. Did I mention double lot? Make the inside your own, as the kitchen is needing redone. Roof is less than ten years old. Out back is a well maintained two-car garage that has plenty of storage space. This charming little bungalow is just a few steps away from earning rental income. The seller will not be making any repairs, sold as-is.

Last Agent to Sell the Property

Nicholas Qualkenbush

The Stewart Home Group Listed on: 11/29/2022

Last Buyer's Agent

Luis Coronel

Coronel Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $972

Year Built

  • Built in 1932

Lot Details

  • 5,271 Sq Ft Lot
  • Landscaped with Trees

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Bungalow
  • Slab Foundation
  • Aluminum Siding

Interior Spaces

  • 788 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • Breakfast Room
  • Crawl Space
  • Gas Oven

Flooring

  • Carpet
  • Vinyl

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 490632115029000901

Home Details

Home Type

Single Family

Est. Annual Taxes

$972

Year Built

Built in 1932

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1932
  • Building Area Total: 788
  • Garage Y N: Yes
  • Lot Size Acres: 0.121
  • Subdivision Name: RAINBOW RIDGE
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: nqbush92@gmail.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Gas Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Interior Amenities: Windows Vinyl
  • Other Equipment: Not Applicable
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 788
  • Main Level Sq Ft: 788
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Aluminum Siding, Wood
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel
  • Foundation Details: Crawl Space, Slab
  • List Price: 75000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Carport,Detached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490632115029000901
  • Acres: <1/4 Acre
  • Lot Information: Trees Small
  • Lot Number: 724
  • Lot Size: 5271

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 972
  • Semi Annual Property Tax Amt: 486
  • Tax Exemption: None
  • Multiple Tax I D: 490632115030000901

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2022
Closed on
Dec 30, 2022
Sold by
David C Portish C and David Carol J
Bought by
Moreno Catalina
Seller's Agent
Nicholas Qualkenbush
The Stewart Home Group
Buyer's Agent
Luis Coronel
Coronel Realty Group
List Price
$75,000
Sold Price
$65,000
Premium/Discount to List
-$10,000
-13.33%
Views
33
Current Estimated Value
$98,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,754
Avg. Annual Appreciation
16.69%

Purchase Details

Listed on
Nov 29, 2022
Closed on
Dec 28, 2022
Sold by
David C Portish C and David Carol J
Bought by
Moreno Catalina
Seller's Agent
Nicholas Qualkenbush
The Stewart Home Group
Buyer's Agent
Luis Coronel
Coronel Realty Group
List Price
$75,000
Sold Price
$65,000
Premium/Discount to List
-$10,000
-13.33%
Views
33

Purchase Details

Closed on
Mar 17, 2016
Sold by
Portish David C and Portish Carol J
Bought by
Portish Revoca David C and Portish Revoca Carol J
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
Moreno Catalina -- None Listed On Document
Moreno Catalina $65,000 --
Portish Revoca David C -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $65,000 -13.3% $82 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
11/29/2022 11/29/22 For Sale $75,000 -- $95 / 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 $1,850 $78,700 $3,800 $74,900
2023 $1,850 $73,500 $3,800 $69,700
2022 $1,839 $73,500 $3,800 $69,700
2021 $1,073 $42,100 $3,800 $38,300
2020 $1,007 $39,200 $3,800 $35,400
2019 $838 $31,400 $3,800 $27,600
2018 $826 $30,700 $3,800 $26,900
2017 $742 $30,600 $3,800 $26,800
2016 $773 $32,900 $3,800 $29,100
2014 $690 $31,900 $3,800 $28,100
2013 $657 $31,600 $3,800 $27,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21895010

MIBOR Broker Listing Cooperative®

APN: 49-06-32-115-029.000-901