NOT LISTED FOR SALE

1928 N Layman Ave Indianapolis, IN 46218

Eastside Neighborhood

Estimated Value: $99,000 - $147,078

3 Beds
1 Bath
1,312 Sq Ft
$95/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $92,000 $70 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $854/month

170 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Forced Air Heating System
  • No HOA
  • Eat-In Kitchen
  • Carpet

About This Home

As of February 2023

This investment opportunity consists of a long term tenant wanting to remain in place but who's month-to-month. Located in Community Heights, this 3 bed, 1 bath home features a detached, one car garage, generous living room and huge master bedroom. Low maintenance, conveniently located, and a turnkey operation make this one ready to go. Close to shopping, bus stops, schools, restaurants, and so much more this rental is primed for continued growth and would add well to an existing portfolio or one just starting out.

Last Agent to Sell the Property

Josh Latham

RE/MAX Advanced Realty License #RB15001222 Listed on: 08/08/2022

RE/MAX Advanced Realty

Last Buyer's Agent

Monique Bledsoe

True Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,488

Year Built

  • Built in 1959

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Aluminum Siding

Interior Spaces

  • 1,312 Sq Ft Home
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Oven

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • No Home Owners Association
  • Arlington Heights Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 490734123029000701

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,488

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1959
  • Building Area Total: 1312
  • Garage Y N: Yes
  • Lot Size Acres: 0.14
  • Subdivision Name: Arlington Heights
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: josh.latham@indyhomepros.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Oven, Refrigerator, Electric Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Eat-in Kitchen
  • Living Area: 1312
  • Main Level Bedrooms: 3
  • Other Equipment: Smoke Alarm
  • Eating Area: Breakfast Room,Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1312
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Aluminum Siding
  • Foundation Details: Slab
  • List Price: 99000

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

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

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Parcel Number: 490734123029000701
  • Acres: <1/4 Acre
  • Price Acre: 657142.857142857

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1488
  • Tax Lot: 18
  • Semi Annual Property Tax Amt: 744
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2022
Closed on
Mar 2, 2023
Sold by
Whatcott Josh Jordan
Bought by
Thornton Thomas K
Seller's Agent
Josh Latham
RE/MAX Advanced Realty
Buyer's Agent
Monique Bledsoe
True Property Management
List Price
$99,000
Sold Price
$92,000
Premium/Discount to List
-$7,000
-7.07%
Views
22
Current Estimated Value
$124,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,770
Avg. Annual Appreciation
13.48%
Original Mortgage
$69,000
Outstanding Balance
$67,218
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$57,552

Purchase Details

Closed on
Jul 16, 2018
Sold by
Invictus Real Estate Group Llc
Bought by
Whatcott Josh Jordan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,276
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 26, 2018
Closed on
Feb 23, 2018
Sold by
Mark Matyanowski
Bought by
Wright George M
Seller's Agent
Non-BLC Member
MIBOR REALTOR® Association
Buyer's Agent
Karina Marie
Sandcastle Real Estate, LLC
List Price
$35,000
Sold Price
$35,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.71%
Original Mortgage
$42,697
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 29, 2013
Closed on
Jun 18, 2013
Sold by
The Secretary Of Hud
Bought by
Apter Properties Llc
Seller's Agent
Lisamarie Stonebraker
Atlantis Realty Group, INC
Buyer's Agent
Sean Edwards
List Price
$28,000
Sold Price
$25,050
Premium/Discount to List
-$2,950
-10.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%

Purchase Details

Closed on
Aug 15, 2012
Sold by
Stinson Forrest A and Stinson Kathy J
Bought by
U S Bank National Association
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
Thornton Thomas K $92,000 Near North Title
Whatcott Josh Jordan $61,595 Eagle Land Title
Wright George M $35,000 --
Invictus Real Estate Group Llc $35,000 Eagle Land Title
Apter Properties Llc $25,100 --
U S Bank National Association $61,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thornton Thomas K $69,000
Previous Owner Whatcott Josh Jordan $49,276
Previous Owner Invictus Real Estate Group Llc $42,697
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $92,000 -7.1% $70 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
11/17/2022 11/17/22 For Sale $99,000 0.0% $75 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
08/08/2022 08/08/22 For Sale $99,000 +182.9% $75 / Sq Ft
02/28/2018 02/28/18 Sold $35,000 0.0% $27 / Sq Ft
02/26/2018 02/26/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $35,000 0.0% $27 / Sq Ft
06/27/2016 06/27/16 Rented -- -- --
06/08/2016 06/08/16 For Rent $695 0.0% --
04/22/2014 04/22/14 Rented $695 0.0% --
04/22/2014 04/22/14 Under Contract -- -- --
04/13/2014 04/13/14 For Rent $695 0.0% --
06/18/2013 06/18/13 Sold $25,050 -10.5% $19 / Sq Ft
05/10/2013 05/10/13 Pending -- -- --
03/29/2013 03/29/13 For Sale $28,000 -- $21 / 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 $1,959 $96,900 $8,000 $88,900
2023 $1,959 $78,900 $8,000 $70,900
2022 $1,897 $76,700 $8,000 $68,700
2021 $1,487 $60,800 $8,000 $52,800
2020 $1,291 $52,200 $6,300 $45,900
2019 $1,377 $54,900 $6,300 $48,600
2018 $1,108 $43,200 $6,300 $36,900
2017 $984 $42,700 $6,300 $36,400
2016 $906 $40,000 $6,300 $33,700
2014 $759 $35,100 $6,300 $28,800
2013 $263 $48,000 $6,300 $41,700
Source: Public Records

Agents Affiliated with this Home

  • Josh Latham

    Seller's Agent in 2023

    Josh Latham

    RE/MAX Advanced Realty

    (317) 989-7465

    3 in this area

    130 Total Sales

    Josh Latham
    Section Image

  • M

    Buyer's Agent in 2023

    Monique Bledsoe

    True Property Management

    Section Image

  • N

    Seller's Agent in 2018

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image

  • K

    Buyer's Agent in 2018

    Karina Marie

    Sandcastle Real Estate, LLC

    Section Image
  • Chad Stickley

    Seller's Agent in 2016

    Chad Stickley

    A Step Ahead Management, LLC

    (317) 345-6273

    Chad Stickley
    Section Image
  • Lisamarie Stonebraker

    Seller's Agent in 2013

    Lisamarie Stonebraker

    Atlantis Realty Group, INC

    (800) 276-8940

    1 in this area

    64 Total Sales

    Lisamarie Stonebraker
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21874333

MIBOR Broker Listing Cooperative®

APN: 49-07-34-123-029.000-701

Indiana Marion County Indianapolis 46218 Eastside

1928 N Layman Ave, Indianapolis, IN

This home is located at 1928 N Layman Ave, Indianapolis, IN 46218 since 08 August 2022 and is currently estimated at $124,770, approximately $95 per square foot. This property was built in 1959. 1928 N Layman Ave is a home located in Marion County with nearby schools including Anna Brochhausen School 88, Arlington Community Middle School, 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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