NOT LISTED FOR SALE

Estimated Value: $81,000 - $137,714

3 Beds
1 Bath
944 Sq Ft
$115/Sq Ft Est. Value

Last Sold February 24, 2020

Last sale price $48,000 $51 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $724/month

41 Days on Market

Highlights

  • Vaulted Ceiling
  • 1-Story Property
  • Forced Air Heating System
  • Eat-In Kitchen
  • Outdoor Storage
  • Combination Kitchen and Dining Room

About This Home

As of February 2020

This floor plan allows 3 bedrooms, with a bonus room that can be used as a study, pantry, 4th bedroom, office or just storage! Home has been tenant occupied with the same tenant for 15 years! Fresh paint inside and out, most of the windows are replacement windows and the back yard is huge and fenced in. Neighboring house is owner occupied by the same family for nearly 40 years. Bath has updated flooring and vanity, along with tub/shower. Ample parking in the drive and on the street. Close to the Indianapolis Motor Speedway and Main Street in Speedway. Investors take note! Owner occupants may want to take a look too!

Last Agent to Sell the Property

Lejo Harmeson

Wall and Associates License #RB14021519 Listed on: 01/03/2020

Last Buyer's Agent

Mamadou Gueye

Trueblood Real Estate

Trueblood Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $726

Year Built

  • Built in 1955

Lot Details

  • 6,316 Sq Ft Lot
  • Back Yard Fenced

Parking

  • Gravel Driveway

Home Design

  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 944 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage

Utilities

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

Community Details

  • Rainbow Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490632115514000901

Home Details

Home Type

Single Family

Est. Annual Taxes

$726

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1955
  • Garage Y N: No
  • Lot Size Acres: 0.145
  • Subdivision Name: RAINBOW RIDGE
  • Inspection Warranties: Not Applicable
  • Property Description: This floor plan allows 3 bedrooms, with a bonus room that can be used as a study, pantry, 4th bedroom, office or just storage! Home has been tenant occupied with the same tenant for 15 years! Fresh paint inside and out, most of the windows are replacement windows and the back yard is huge and fenced in. Neighboring house is owner occupied by the same family for nearly 40 years. Bath has updated flooring and vanity, along with tub/shower. Ample parking in the drive and on the street. Close to the Indianapolis Motor Speedway and Main Street in Speedway. Investors take note! Owner occupants may want to take a look too!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Oven
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 944
  • Other Equipment: Smoke Detector
  • Room Count: 6
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 944
  • Main Level Sq Ft: 944
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 944
  • Kitchen Features: Kitchen Eat In

Exterior Features

  • Construction Materials: Wood Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel, Fence Full Rear, Storage
  • Foundation Details: Slab
  • List Price: 53000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

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: 490632115514000901
  • Acres: <1/4 Acre
  • Lot Number: 229
  • Lot Size: 6,316

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 726
  • Semi Annual Property Tax Amt: 363
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Feb 25, 2020
Sold by
Nicholson Inc
Bought by
Godos Moises
Seller's Agent
Lejo Harmeson
Wall and Associates
Buyer's Agent
Mamadou Gueye
Trueblood Real Estate
List Price
$55,000
Sold Price
$48,000
Premium/Discount to List
-$7,000
-12.73%
Current Estimated Value
$108,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,179
Avg. Annual Appreciation
15.56%
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
Godos Moises -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2020 02/24/20 Sold $48,000 -9.4% $51 / Sq Ft
02/14/2020 02/14/20 Pending -- -- --
02/06/2020 02/06/20 Price Changed $53,000 -3.6% $56 / Sq Ft
01/30/2020 01/30/20 For Sale $55,000 0.0% $58 / Sq Ft
01/25/2020 01/25/20 Pending -- -- --
01/15/2020 01/15/20 Price Changed $55,000 -3.5% $58 / Sq Ft
01/10/2020 01/10/20 Price Changed $57,000 -5.0% $60 / Sq Ft
01/03/2020 01/03/20 For Sale $60,000 -- $64 / 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 $1,770 $76,000 $4,100 $71,900
2023 $1,770 $70,900 $4,100 $66,800
2022 $1,760 $70,900 $4,100 $66,800
2021 $1,042 $41,400 $4,100 $37,300
2020 $979 $38,600 $4,100 $34,500
2019 $814 $31,000 $4,100 $26,900
2018 $805 $30,400 $4,100 $26,300
2017 $514 $20,500 $4,100 $16,400
2016 $546 $22,600 $4,100 $18,500
2014 $497 $22,900 $4,100 $18,800
2013 $472 $33,100 $4,100 $29,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21687782

MIBOR Broker Listing Cooperative®

APN: 49-06-32-115-514.000-901