NOT LISTED FOR SALE

1950 Macarthur Ln Indianapolis, IN 46224

Estimated Value: $248,000 - $264,751

4 Beds
2 Baths
1,472 Sq Ft
$173/Sq Ft Est. Value

Last Sold April 15, 2024

Last sale price $250,000 $170 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,528/month

18 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • 1 Car Detached Garage
  • Speedway Junior High School Rated A
  • No HOA
  • Eat-In Kitchen

About This Home

As of April 2024

This stunning newly renovated home in Speedway is waiting for its new owner! The moment you walk in, you will fall in love with the new oak LVP flooring , natural light and spacious bedrooms. This home features 4 bedrooms, 2 full bathrooms, finished basement and a 1 car garage with a large backyard! This home is located close to schools, parks, 1.3 miles from Indianapolis Motor Speedway and much more. Schedule your showing today!!

Last Agent to Sell the Property

Nichole Vargas

La Terre Boutique Brokerage Email: marianicholev@gmail.com License #RB19002098 Listed on: 03/14/2024

Last Buyer's Agent

Sarah Hoagland

BLK Key Realty License #RB24000560

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,170

Year Built

  • Built in 1948

Lot Details

  • 6,490 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Vinyl Clad Windows
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Sump Pump
  • Laundry in Basement

Outdoor Features

  • Deck
  • Shed
  • Storage Shed

Schools

  • Speedway Junior High School
  • Speedway Senior High School

Community Details

  • No Home Owners Association
  • Schloss Home Place Subdivision

Listing and Financial Details

  • Tax Lot 49-05-36-115-054.000-914
  • Assessor Parcel Number 490536115054000914

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,170

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1948
  • Building Area Total: 1472
  • Garage Y N: Yes
  • Lot Size Acres: 0.15
  • Subdivision Name: Schloss Home Place
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: marianicholev@gmail.com
  • Attribution Contact: marianicholev@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Electric Cooktop, Dishwasher, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 736
  • Interior Amenities: Eat-in Kitchen, Windows Vinyl
  • Living Area: 1472
  • Main Level Bedrooms: 2
  • Other Equipment: Smoke Alarm, Sump Pump
  • Spa Y N: No
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 736
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 4

Exterior Features

  • Construction Materials: Aluminum Siding
  • Exterior Features: Storage Shed
  • Foundation Details: Full
  • List Price: 255000
  • Patio And Porch Features: Deck Main Level
  • Pool Private Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached
  • Garage Sq Ft: 240

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Cooling: Central Electric
  • Heating: Electric
  • Laundry Features: Laundry Room, In Basement
  • Water Source: Community Water
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Speedway Junior High School

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 6490
  • Parcel Number: 490536115054000914
  • Acres: <1/4 Acre
  • Price Acre: 1666667

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1170
  • Tax Lot: 49-05-36-115-054.000-914
  • Semi Annual Property Tax Amt: 585

MLS Schools

  • High School: Speedway Senior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2024
Sold by
Hoagland Sarah
Bought by
Cross Country Estates Llc
Current Estimated Value
$254,688

Purchase Details

Listed on
Mar 14, 2024
Closed on
Apr 12, 2024
Sold by
317 General Contracting Corp
Bought by
Hoagland Sarah
Seller's Agent
Nichole Vargas
La Terre Boutique
Buyer's Agent
Sarah Hoagland
BLK Key Realty
List Price
$255,000
Sold Price
$250,000
Premium/Discount to List
-$5,000
-1.96%
Views
155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.34%

Purchase Details

Closed on
Sep 29, 2023
Sold by
Grise Home & Prop Group Llc
Bought by
317 General Contracting Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2023
Sold by
Grise Home And Property Group Llc
Bought by
317 General Contracting Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2012
Sold by
Trombley Rebecca A and Kolumbus Rebecca A
Bought by
Trombley Richard L and Trombley Rebecca A
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
Cross Country Estates Llc -- None Listed On Document
Cross Country Estates Llc -- None Listed On Document
Hoagland Sarah $250,000 --
317 General Contracting Corp -- Eagle Land Title
Grise Home & Prop Group Llc -- Eagle Land Title
317 General Contracting Corp $129,900 Eagle Land Title
Grise Home And Property Group Llc $129,900 Eagle Land Title
Trombley Richard L -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 317 General Contracting Corp $148,000
Previous Owner 317 General Contracting Corp $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2024 04/15/24 Sold $250,000 -2.0% $170 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $255,000 -- $173 / 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 $1,813 $147,800 $11,700 $136,100
2023 $1,813 $144,500 $11,700 $132,800
2022 $1,648 $139,100 $11,700 $127,400
2021 $1,171 $109,400 $11,700 $97,700
2020 $1,049 $102,500 $11,700 $90,800
2019 $805 $93,100 $11,700 $81,400
2018 $897 $96,900 $11,700 $85,200
2017 $769 $92,000 $11,700 $80,300
2016 $693 $87,000 $11,700 $75,300
2014 $611 $82,800 $11,700 $71,100
2013 $542 $79,300 $11,700 $67,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21968458

MIBOR Broker Listing Cooperative®

APN: 49-05-36-115-054.000-914