1840 S Cole St Indianapolis, IN 46241
Stout Field Neighborhood
3
Beds
2
Baths
852
Sq Ft
9,440
Sq Ft Lot
Highlights
- Mature Trees
- Vaulted Ceiling
- No HOA
- Ben Davis University High School Rated A
- Corner Lot
- Covered patio or porch
About This Home
As of April 2025Step into modern comfort and style with this completely gutted and renovated 3-bedroom, 2-bathroom home, perfectly situated on a spacious double lot in the heart of Drexel Gardens! From top to bottom, this home has been transformed with brand-new upgrades, including a new roof, plumbing, electrical system, furnace, air conditioner, and hot water heater-giving you complete peace of mind. Inside, you'll love the open-concept layout, featuring a gorgeous modern kitchen with sleek quartz countertops, new cabinetry, and wonderful space to entertain. New flooring flows throughout the home, adding warmth and elegance to every room. The outdoor space is just as impressive! Enjoy relaxing mornings on the covered front porch or host unforgettable gatherings on the back patio with a built-in fire pit. The fenced-in yard offers privacy, while the large shed provides extra storage for all your needs. Car lovers, hobbyists, and entrepreneurs will appreciate the huge 2.5-car garage, complete with a dedicated office/workspace-perfect for a home business, studio, or workshop. This rare find won't last long! Move-in ready and fully updated, this home is waiting for you to make it yours. Schedule your private showing today!
Last Agent to Sell the Property
F.C. Tucker Company Brokerage Email: successwithsuzan@gmail.com License #RB19001900 Listed on: 03/27/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $962
Year Built
- Built in 1948
Lot Details
- 9,440 Sq Ft Lot
- Corner Lot
- Mature Trees
Parking
- 2 Car Detached Garage
- Workshop in Garage
Home Design
- Bungalow
- Block Foundation
- Vinyl Siding
Interior Spaces
- 852 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Thermal Windows
- Vinyl Clad Windows
- Window Screens
- Family or Dining Combination
- Attic Access Panel
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Oven
- Recirculated Exhaust Fan
Flooring
- Laminate
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Outdoor Features
- Covered patio or porch
- Fire Pit
- Shed
- Storage Shed
Schools
- Maplewood Elementary School
- Lynhurst 7Th & 8Th Grade Center Middle School
- Ben Davis High School
Utilities
- Forced Air Heating System
- Programmable Thermostat
- Gas Water Heater
Community Details
- No Home Owners Association
- Drexel Gardens Subdivision
Listing and Financial Details
- Tax Lot 337 & 338
- Assessor Parcel Number 491118113195000900
- Seller Concessions Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 27, 2025
Closed on
Apr 30, 2025
Sold by
Lopez Jorge Hernandez
Bought by
Vivaldo Elizabeth
Seller's Agent
Suzan Shoemaker
F.C. Tucker Company
Buyer's Agent
Roberto Mejia
F.C. Tucker Company
List Price
$198,000
Sold Price
$204,000
Premium/Discount to List
$6,000
3.03%
Views
46
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-87.39%
Original Mortgage
$200,305
Outstanding Balance
$200,305
Interest Rate
6.67%
Mortgage Type
FHA
Estimated Equity
-$70,955
Purchase Details
Listed on
Oct 8, 2024
Closed on
Oct 24, 2024
Sold by
Burke Amanda M
Bought by
Lopez Jorge Hernandez
Seller's Agent
Lori Ann Meyer
Highgarden Real Estate
Buyer's Agent
Suzan Shoemaker
F.C. Tucker Company
List Price
$80,000
Sold Price
$82,000
Premium/Discount to List
$2,000
2.5%
Views
16
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
477.01%
Purchase Details
Closed on
Jun 5, 2024
Sold by
Burke Marcy A and Burke Amanda M
Bought by
Burke Amanda M
Purchase Details
Listed on
May 17, 2017
Closed on
Jul 7, 2017
Sold by
Jeffrey D
Bought by
Carol A
Seller's Agent
Donna Robinson
Carpenter, REALTORS®
Buyer's Agent
Rena Swails
F.C. Tucker Company
List Price
$62,900
Sold Price
$59,000
Premium/Discount to List
-$3,900
-6.2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%
Original Mortgage
$57,931
Interest Rate
3.94%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 5, 2012
Sold by
Cain Robert D
Bought by
Melton Jeffrey D
Purchase Details
Closed on
Feb 15, 2010
Sold by
Cain Robert
Bought by
Mainsource Properties Llc
Similar Homes in Indianapolis, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Chicago Title | |
| Warranty Deed | $82,000 | Chicago Title | |
| Quit Claim Deed | -- | None Listed On Document | |
| Deed | $59,000 | -- | |
| Deed | $59,000 | First American Title | |
| Warranty Deed | -- | -- | |
| Land Contract | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,305 | FHA | |
| Previous Owner | $57,931 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2025 04/30/25 | Sold | $204,000 | +3.0% | $239 / Sq Ft |
| 03/28/2025 03/28/25 | Pending | -- | -- | -- |
| 03/27/2025 03/27/25 | For Sale | $198,000 | +141.5% | $232 / Sq Ft |
| 10/24/2024 10/24/24 | Sold | $82,000 | +2.5% | $96 / Sq Ft |
| 10/10/2024 10/10/24 | Pending | -- | -- | -- |
| 10/08/2024 10/08/24 | For Sale | $80,000 | +35.6% | $94 / Sq Ft |
| 07/07/2017 07/07/17 | Sold | $59,000 | -6.2% | $69 / Sq Ft |
| 05/25/2017 05/25/17 | Pending | -- | -- | -- |
| 05/17/2017 05/17/17 | For Sale | $62,900 | -- | $74 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $961 | $83,500 | $8,900 | $74,600 |
| 2023 | $961 | $84,300 | $8,900 | $75,400 |
| 2022 | $924 | $77,600 | $8,900 | $68,700 |
| 2021 | $758 | $55,800 | $8,900 | $46,900 |
| 2020 | $648 | $46,400 | $8,900 | $37,500 |
| 2019 | $649 | $46,700 | $8,900 | $37,800 |
| 2018 | $668 | $53,500 | $8,900 | $44,600 |
| 2017 | $539 | $38,400 | $8,900 | $29,500 |
| 2016 | $599 | $43,400 | $8,900 | $34,500 |
| 2014 | $443 | $44,100 | $8,900 | $35,200 |
| 2013 | $446 | $44,100 | $8,900 | $35,200 |
Source: Public Records
Agents Affiliated with this Home
-
Suzan Shoemaker
Seller's Agent in 2025
Suzan Shoemaker
F.C. Tucker Company
(317) 979-4474
7 in this area
98 Total Sales
-
Roberto Mejia
Buyer's Agent in 2025
Roberto Mejia
F.C. Tucker Company
(463) 253-4525
4 in this area
83 Total Sales
-
Lori Ann Meyer
Seller's Agent in 2024
Lori Ann Meyer
Highgarden Real Estate
(317) 778-8227
1 in this area
181 Total Sales
-
D
Seller's Agent in 2017
Donna Robinson
Carpenter, REALTORS®
-
R
Buyer's Agent in 2017
Rena Swails
F.C. Tucker Company
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22028182
APN: 49-11-18-113-195.000-900
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.
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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