NOT LISTED FOR SALE

1940 E Troy Ave Indianapolis, IN 46203

Near Southeast Neighborhood

Estimated Value: $152,000 - $178,000

2 Beds
1 Bath
975 Sq Ft
$171/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $50,500 $52 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $1,150/month

Highlights

  • Ranch Style House
  • Corner Lot
  • 2 Car Detached Garage
  • Wood Flooring
  • No HOA
  • Shed

About This Home

As of November 2020

This 2 bed 1 bath home can be a blank slate to really make it your own, or fix up make it a rental. Cash-only. Property being sold as-is. Buyer to verify all info and details. Must submit POF with offer.

Last Agent to Sell the Property

Jessica Zilka

GPM Property Management, LLC Listed on: 11/19/2020

Last Buyer's Agent

Miguel Rodriguez

Keller Williams Indy Metro W

Keller Williams Indy Metro W

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $964

Year Built

  • Built in 1957

Lot Details

  • 50 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 975 Sq Ft Home
  • Wood Burning Fireplace
  • Vinyl Clad Windows
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed
  • Storage Shed

Utilities

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

Community Details

  • No Home Owners Association
  • Somerset Subdivision

Listing and Financial Details

  • Legal Lot and Block 80 / 5
  • Assessor Parcel Number 491019142013000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$964

Year Built

Built in 1957

Lot Details

50 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1957
  • Building Area Total: 975
  • Garage Y N: Yes
  • Lot Size Acres: 0.166
  • Subdivision Name: Somerset
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: jessica@livegpm.com
  • Special Features: None

Interior Features

  • Basement: No
  • Basement Type: Crawl Space
  • Appliances: None, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Windows Vinyl
  • Living Area: 975
  • Other Equipment: Not Applicable
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 975
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 975

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Storage Shed
  • Fencing: Partial

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Gravel

Utilities

  • Utilities: Cable Connected
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Corner Lot
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 50
  • Parcel Number: 491019142013000101
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 964
  • Tax Block: 5
  • Tax Lot: 80
  • Semi Annual Property Tax Amt: 482
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2020
Closed on
Dec 11, 2020
Sold by
Grace National Holdings Llc
Bought by
Circle City Land Holdings Corp
Seller's Agent
Jessica Zilka
GPM Property Management, LLC
Buyer's Agent
Miguel Rodriguez
Keller Williams Indy Metro W
List Price
$46,500
Sold Price
$50,500
Premium/Discount to List
$4,000
8.6%
Current Estimated Value
$166,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,114
Avg. Annual Appreciation
25.21%

Purchase Details

Listed on
Nov 19, 2020
Closed on
Nov 24, 2020
Sold by
Grace National Holdings Llc
Bought by
Circle City Land Holdings Corp
Seller's Agent
Jessica Zilka
GPM Property Management, LLC
Buyer's Agent
Miguel Rodriguez
Keller Williams Indy Metro W
List Price
$46,500
Sold Price
$50,500
Premium/Discount to List
$4,000
8.6%

Purchase Details

Closed on
Feb 7, 2020
Sold by
Simple Quarters Llc
Bought by
Grace National Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Interest Rate
3.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 19, 2019
Sold by
Lawrence Joseph S
Bought by
Simple Quarters Llc

Purchase Details

Closed on
Jan 2, 2003
Sold by
Lawrence James W
Bought by
Lawrence Joseph S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Circle City Land Holdings Corp -- None Listed On Document
Circle City Land Holdings Corp $50,500 Monument Title
Grace National Holdings Llc $35,890 Monument Title
Simple Quarters Llc $21,500 Monument Title Insurance Compa
Lawrence Joseph S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grace National Holdings Llc $386,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2020 11/25/20 Sold $50,500 +8.6% $52 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
11/19/2020 11/19/20 For Sale $46,500 -- $48 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $3,401 $152,400 $11,900 $140,500
2024 $3,648 $143,300 $11,900 $131,400
2023 $3,648 $148,500 $11,900 $136,600
2022 $3,730 $152,800 $11,900 $140,900
2021 $2,461 $101,500 $11,900 $89,600
2020 $2,893 $92,600 $11,900 $80,700
2019 $1,078 $91,000 $5,400 $85,600
2018 $1,031 $87,500 $5,400 $82,100
2017 $890 $85,500 $5,400 $80,100
2016 $847 $85,800 $5,400 $80,400
2014 $743 $79,800 $5,400 $74,400
2013 $959 $79,800 $5,400 $74,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jessica Zilka

    GPM Property Management, LLC

    Section Image

  • M

    Buyer's Agent in 2020

    Miguel Rodriguez

    Keller Williams Indy Metro W

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21753085

MIBOR Broker Listing Cooperative®

APN: 49-10-19-142-013.000-101

Indiana Marion County Indianapolis 46203 Near Southeast

1940 E Troy Ave, Indianapolis, IN

Not Listed for Sale

Detached

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.
Based on information submitted to the MLS GRID

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