NOT LISTED FOR SALE

20 W Southern Ave Indianapolis, IN 46225

Garfield Park Neighborhood

Estimated Value: $89,000 - $111,999

2 Beds
1 Bath
1,560 Sq Ft
$62/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $55,000 $35 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $675/month

23 Days on Market

Highlights

  • Screened Porch
  • 1 Car Detached Garage
  • 1-Story Property
  • Formal Dining Room
  • Jack-and-Jill Bathroom
  • Forced Air Heating System

About This Home

As of September 2020

FIX OR FLIP Awesome opportunity on Indy's near Southside. Just minutes from downtown, Fountain Square and the interstate system. Talk about easy! 2 BR with good hardwood floors and really nice woodwork makes for a tremendous opportunity for fix or flip. Add in the garage and fenced in back yard. Be sure to come see for yourself what the real potential is!

Last Agent to Sell the Property

Bob Morris

Top Choice Real Estate, LLC License #RB14030047 Listed on: 08/22/2020

Last Buyer's Agent

Tom Endicott

Keller Williams Indy Metro NE

Keller Williams Indy Metro NE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $304

Year Built

  • Built in 1929

Lot Details

  • 4,792 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation
  • Wood Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Screened Porch
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Jack-and-Jill Bathroom
  • 1 Full Bathroom

Utilities

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

Community Details

  • Wm J Stones S Meridian St Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491123123049000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$304

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1929
  • Garage Y N: Yes
  • Lot Size Acres: 0.11
  • Subdivision Name: WM J STONES S MERIDIAN ST
  • Inspection Warranties: Not Applicable
  • Property Description: FIX OR FLIP Awesome opportunity on Indy's near Southside. Just minutes from downtown, Fountain Square and the interstate system. Talk about easy! 2 BR with good hardwood floors and really nice woodwork makes for a tremendous opportunity for fix or flip. Add in the garage and fenced in back yard. Be sure to come see for yourself what the real potential is!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors,Wood Work Stained
  • Living Area: 1560
  • Other Equipment: Not Applicable
  • Room Count: 5
  • Areas Interior: Bath Jack-n-Jill
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 780
  • Main Level Sq Ft: 780
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1560
  • Below Grade Sq Ft: 780
  • Pct Optional Level Finished: 25-50%

Exterior Features

  • Construction Materials: Wood Siding
  • Disclosures: Not Applicable
  • Exterior Features: Fence Full Rear
  • Foundation Details: Block
  • List Price: 62000
  • Association Maintained Building Exterior: 0
  • Porch: Screened in Porch

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Gas
  • Garage Parking Description: Detached
  • Garage Sq Ft: 352

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: 491123123049000101
  • Acres: <1/4 Acre
  • Lot Number: 9
  • Lot Size: 4,792

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 304
  • Semi Annual Property Tax Amt: 152
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2020
Closed on
Sep 30, 2020
Sold by
Wetli John G
Bought by
Whitfield Ross
Seller's Agent
Bob Morris
Top Choice Real Estate, LLC
Buyer's Agent
Tom Endicott
Keller Williams Indy Metro NE
List Price
$62,000
Sold Price
$55,000
Premium/Discount to List
-$7,000
-11.29%
Total Days on Market
23
Current Estimated Value
$96,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,500
Avg. Annual Appreciation
13.23%

Purchase Details

Listed on
Mar 20, 2020
Closed on
Apr 17, 2020
Sold by
Indiana Luxury Homes Inc
Bought by
Wetli John G
Seller's Agent
Randy Placencia
Red Bridge Real Estate
Buyer's Agent
Bob Morris
Top Choice Real Estate, LLC
List Price
$58,900
Sold Price
$57,900
Premium/Discount to List
-$1,000
-1.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.79%
Original Mortgage
$47,900
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 20, 2020
Closed on
Mar 10, 2020
Sold by
White Martha P and Patricia Lynne White Estate
Bought by
Simple Quarters Llc
Seller's Agent
Randy Placencia
Red Bridge Real Estate
Buyer's Agent
Bob Morris
Top Choice Real Estate, LLC
List Price
$58,900
Sold Price
$57,900
Premium/Discount to List
-$1,000
-1.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,900
Interest Rate
3.3%
Mortgage Type
New Conventional
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
Whitfield Ross $55,000 Meridian Title Corporation
Wetli John G $57,900 Hocker Title
Indiana Luxury Homes Inc $57,900 Hocker Title
Simple Quarters Llc $41,500 Investors Title Service, Inc.
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wetli John G $47,900
Previous Owner Simple Quarters Llc $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $55,000 -11.3% $35 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
08/22/2020 08/22/20 For Sale $62,000 +7.1% $40 / Sq Ft
04/20/2020 04/20/20 Sold $57,900 -1.7% $37 / Sq Ft
04/13/2020 04/13/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $58,900 -- $38 / 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 $1,801 $72,200 $9,000 $63,200
2023 $1,801 $73,000 $9,000 $64,000
2022 $1,728 $70,300 $9,000 $61,300
2021 $1,343 $55,300 $9,000 $46,300
2020 $354 $49,900 $9,000 $40,900
2019 $369 $51,300 $6,200 $45,100
2018 $359 $49,100 $6,200 $42,900
2017 $316 $48,200 $6,200 $42,000
2016 $286 $46,000 $6,200 $39,800
2014 $263 $47,500 $6,200 $41,300
2013 $279 $49,500 $6,200 $43,300
Source: Public Records

Agents Affiliated with this Home

  • Bob Morris

    Seller's Agent in 2020

    Bob Morris

    Top Choice Real Estate, LLC

    (317) 625-0655

    4 in this area

    81 Total Sales

    Bob Morris
    Section Image
  • Randy Placencia

    Seller's Agent in 2020

    Randy Placencia

    Red Bridge Real Estate

    (317) 800-4342

    6 in this area

    288 Total Sales

    Randy Placencia
    Section Image

  • T

    Buyer's Agent in 2020

    Tom Endicott

    Keller Williams Indy Metro NE

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21734507

MIBOR Broker Listing Cooperative®

APN: 49-11-23-123-049.000-101

Indiana Marion County Indianapolis 46225 Garfield Park

20 W Southern Ave, Indianapolis, IN

This home is located at 20 W Southern Ave, Indianapolis, IN 46225 since 22 August 2020 and is currently estimated at $96,500, approximately $61 per square foot. This property was built in 1929. 20 W Southern Ave is a home located in Marion County with nearby schools including Daniel Webster School 46, Arsenal Technical High School, and George Washington Community High School No. 721.

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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