NOT LISTED FOR SALE

2001 Gerrard Ave Indianapolis, IN 46224

Estimated Value: $228,000 - $252,583

2 Beds
2 Baths
1,746 Sq Ft
$138/Sq Ft Est. Value

Last Sold August 09, 2019

Last sale price $145,000 $83 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,495/month

17 Days on Market

Highlights

  • Updated Kitchen
  • Arts and Crafts Architecture
  • Formal Dining Room
  • Speedway Junior High School Rated A
  • Covered Patio or Porch
  • 2 Car Detached Garage

About This Home

As of August 2019

Calling all racing fans! Walk to the Indy Motor Speedway from this remodeled home! Home features 2 bedrooms and 2 full baths. There is an office in the basement, all you need to add is carpet. The laundry room is in the basement. Plenty of storage in the basement as well. The kitchen features ample cabinets and new appliances. Nice size living room and dining room as well. There is a huge 2 car detached garage and a private fenced yard. Enjoy the evening on the rocking chair front porch. Home has fresh paint and new carpet and is move in ready. Home is close to the interstates and all that Speedway has to offer!

Last Agent to Sell the Property

Angelica Plesner

United Real Estate Indpls License #RB14025125 Listed on: 06/13/2019

United Real Estate Indpls

Last Buyer's Agent

Dan Swartz

The Swartz Group, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,276

Year Built

  • Built in 1936

Lot Details

  • 6,578 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Arts and Crafts Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,746 Sq Ft Home
  • 1-Story Property
  • Window Screens
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • Everett M Schofield Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490631120024000914

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,276

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts&Crafts/Craftsman
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1936
  • Garage Y N: Yes
  • Lot Size Acres: 0.151
  • Subdivision Name: EVERETT M SCHOFIELD
  • Inspection Warranties: Not Applicable
  • Property Description: Calling all racing fans! Walk to the Indy Motor Speedway from this remodeled home! Home features 2 bedrooms and 2 full baths. There is an office in the basement, all you need to add is carpet. The laundry room is in the basement. Plenty of storage in the basement as well. The kitchen features ample cabinets and new appliances. Nice size living room and dining room as well. There is a huge 2 car detached garage and a private fenced yard. Enjoy the evening on the rocking chair front porch. Home has fresh paint and new carpet and is move in ready. Home is close to the interstates and all that Speedway has to offer!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Appliances: Dishwasher, Microwave, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Screens Some
  • Living Area: 1746
  • Other Equipment: Smoke Detector
  • Room Count: 7
  • Areas Interior: Bedroom Other on Main,Laundry in Basement
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 873
  • Main Level Sq Ft: 873
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1746
  • Kitchen Features: Kitchen Updated
  • Below Grade Sq Ft: 873
  • Pct Optional Level Finished: 25-50%

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Fence Full Rear
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Detached
  • Garage Parking Other: Storage Area

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490631120024000914
  • Acres: <1/4 Acre
  • Lot Information: Corner,Tree Mature
  • Lot Number: 247
  • Lot Size: 6,578

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2276
  • Semi Annual Property Tax Amt: 1138
  • Tax Exemption: None

MLS Schools

  • School District: Speedway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2019
Closed on
Aug 7, 2019
Sold by
Us Bank Trust Na
Bought by
Kern Richard C
Seller's Agent
Angelica Plesner
United Real Estate Indpls
Buyer's Agent
Dan Swartz
The Swartz Group, Inc
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%
Current Estimated Value
$240,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,146
Avg. Annual Appreciation
8.12%
Original Mortgage
$116,000
Outstanding Balance
$101,657
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$138,489

Purchase Details

Closed on
Nov 28, 2018
Sold by
Marion County Sheriff
Bought by
Lsf10 Master Participation Trust

Purchase Details

Closed on
Nov 20, 2018
Sold by
Sheriff John Layton

Purchase Details

Closed on
Aug 13, 2007
Sold by
Preferred Real Estate Solutons Inc
Bought by
Dunham Martha

Purchase Details

Closed on
Oct 3, 2006
Sold by
Pearey Alba J and Pearey Linda A
Bought by
Us Bank National Assn and Ameriquest Mortgage Securities Inc

Purchase Details

Closed on
Dec 28, 2003
Sold by
Us Bank Na
Bought by
Preferred Real Estate Solution
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
Kern Richard C -- None Available
Lsf10 Master Participation Trust $110,251 None Available
-- $110,300 --
Dunham Martha -- Legenda Title Llc
Us Bank National Assn $75,205 None Available
Preferred Real Estate Solution -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kern Richard C $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2019 08/09/19 Sold $145,000 -3.3% $83 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
06/13/2019 06/13/19 For Sale $150,000 -- $86 / 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 $2,975 $227,000 $14,300 $212,700
2023 $2,975 $238,100 $14,300 $223,800
2022 $2,840 $224,000 $14,300 $209,700
2021 $2,171 $174,200 $14,300 $159,900
2020 $1,910 $156,200 $14,300 $141,900
2019 $856 $95,900 $14,300 $81,600
2018 $2,276 $90,200 $14,300 $75,900
2017 $2,177 $86,800 $14,300 $72,500
2016 $2,516 $101,100 $14,300 $86,800
2014 $2,441 $98,900 $14,300 $84,600
2013 $2,424 $97,400 $14,300 $83,100
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Angelica Plesner

    United Real Estate Indpls

    Section Image

  • D

    Buyer's Agent in 2019

    Dan Swartz

    The Swartz Group, Inc

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21646589

MIBOR Broker Listing Cooperative®

APN: 49-06-31-120-024.000-914

Indiana Marion County Indianapolis 46224

2001 Gerrard Ave, Indianapolis, IN

Not Listed for Sale

Detached

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