NOT LISTED FOR SALE

Estimated Value: $485,000 - $548,000

4 Beds
4.5 Baths
2,568 Sq Ft
$195/Sq Ft Est. Value

Last Sold July 18, 2022

Last sale price $470,000 $183 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,213/month

6 Days on Market

Highlights

  • Guest House
  • Traditional Architecture
  • Thermal Windows
  • Vaulted Ceiling
  • 3 Car Detached Garage
  • 3-minute walk to Martin Luther King Memorial Park

About This Home

As of July 2022

Nestled in the heart of Kennedy-King, this newer built 3-bed, 3.5-bath home offers the space & convenience you're seeking for your downtown lifestyle. Custom finished 1-bed/1-bath carriage house over the 3-car garage could be your future office, guest suite or income producing investment property! Mature landscaping creates a park-like setting to overlook from your covered front porch. The cozy back courtyard is the perfect place to entertain or enjoy a meal outdoors. Inside, you'll love the open concept living space w/ ideal main level office. Finished BSMT ft raised ceilings, large rec rm w/ wet bar, full bath + bonus rm w/ laundry. Upstairs, a sunny loft w/ built-in workspace leads to 3 sizeable beds & 2 full baths. This home has it all!

Last Agent to Sell the Property

Chanda Johnson

Maywright Property Co. Listed on: 06/15/2022

Last Buyer's Agent

Christie Snapp

@properties

@properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,498

Year Built

  • Built in 2006

Lot Details

  • 5,140 Sq Ft Lot
  • Privacy Fence
  • Back Yard Fenced

Parking

  • 3 Car Detached Garage

Home Design

  • Traditional Architecture
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Woodwork
  • Vaulted Ceiling
  • Thermal Windows
  • Carpet
  • Attic Access Panel

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • 9 Foot Basement Ceiling Height
  • Sump Pump
  • Basement Lookout

Home Security

  • Radon Detector
  • Fire and Smoke Detector

Additional Features

  • Guest House
  • Forced Air Heating and Cooling System

Community Details

  • W A Bells Sub Johnson Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, insurance, sewer, all utilities, water
  • The owner pays for insurance, taxes
  • Assessor Parcel Number 490636150022000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,498

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 2006
  • Building Area Total: 2568
  • Garage Y N: Yes
  • Lot Size Acres: 0.118
  • Subdivision Name: W A BELLS SUB JOHNSON
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Ceiling - 9+ feet, Finished, Full, Daylight/Lookout Windows
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer, MicroHood
  • Levels: Two
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Furnished: Unfurnished
  • Interior Amenities: Attic Access, Vaulted Ceiling(s), Walk-in Closet(s), Wet Bar, Windows Thermal, Wood Work Painted
  • Other Equipment: Radon System, Smoke Detector, Sump Pump, WetBar
  • Owner Pays: Insurance, Taxes
  • Areas Interior: Foyer Small,In-Law Quarters,Laundry in Basement
  • Eating Area: Dining Combo/Kitchen,Dining Combo/Living Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1712
  • Main Level Sq Ft: 856
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Bedroom, Split,Suite,TubFull with Shower,Tub Garden
  • Kitchen Features: Breakfast Bar,Center Island,Kitchen Some Updates,Pantry WalkIn
  • Below Grade Sq Ft: 856
  • Upper Level Sq Ft: 856
  • Pct Optional Level Finished: 75+%

Exterior Features

  • Construction Materials: Cement Siding
  • Disclosures: Not Applicable
  • Exterior Features: Carriage/Guest House, Fence Full Rear, Fence Privacy
  • Foundation Details: Concrete Perimeter
  • List Price: 479900
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Garage Spaces: 3
  • Fuel: Electric
  • Garage Parking Description: Detached
  • Garage Parking Other: Garage Door Opener,Rear Load Garage,Service Door

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: Electric

Condo/Co-op/Association

  • Pets Allowed: W/Approval

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490636150022000101
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Storm Sewer,Street Lights,Tree Mature
  • Lot Number: 18
  • Lot Size: 5140

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Insurance, Insurance, Sewer, All Utilities, Water
  • Smoking: 0

Tax Info

  • Tax Annual Amount: 8498
  • Semi Annual Property Tax Amt: 4249
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Aug 4, 2022
Sold by
Baxter Marcus L
Bought by
Namazi Mohammad Kazem and Eshrati Dorna
Seller's Agent
Chanda Johnson
Maywright Property Co.
Buyer's Agent
Christie Snapp
@properties
List Price
$479,900
Sold Price
$470,000
Premium/Discount to List
-$9,900
-2.06%
Current Estimated Value
$498,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,001
Avg. Annual Appreciation
1.85%
Original Mortgage
$446,500
Outstanding Balance
$430,505
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$66,847

Purchase Details

Listed on
Sep 19, 2012
Closed on
Oct 10, 2012
Sold by
Brown J Robert L
Bought by
Holmes Zachary and Baxter Marcus L
Seller's Agent
Tod Richardson
AH4R Management-IN, LLC
Buyer's Agent
Bradford Rider
eXp Realty, LLC
Sold Price
$1,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.47%
Original Mortgage
$83,600
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2006
Sold by
Charter Homes Llc
Bought by
Brown Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
9.1%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Namazi Mohammad Kazem $470,000 Hall Render Killian Heath & Ly
Holmes Zachary -- --
Brown Robert L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Namazi Mohammad Kazem $446,500
Previous Owner Holmes Zachary $138,750
Previous Owner Holmes Zachary $83,600
Previous Owner Brown Robert L $360,000
Previous Owner Brown Robert L $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2022 07/18/22 Sold $470,000 -2.1% $183 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $479,900 0.0% $187 / Sq Ft
05/04/2015 05/04/15 Rented $1,950 0.0% --
05/01/2015 05/01/15 Under Contract -- -- --
03/01/2015 03/01/15 For Rent $1,950 +5.4% --
04/14/2014 04/14/14 Rented $1,850 0.0% --
04/03/2014 04/03/14 Under Contract -- -- --
03/03/2014 03/03/14 For Rent $1,850 +23.3% --
10/15/2012 10/15/12 Rented $1,500 -11.8% --
10/02/2012 10/02/12 Under Contract -- -- --
09/19/2012 09/19/12 For Rent $1,700 0.0% --
09/10/2012 09/10/12 Sold $104,500 0.0% $41 / Sq Ft
06/17/2012 06/17/12 Pending -- -- --
06/16/2012 06/16/12 For Sale $104,500 -- $41 / 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 $5,999 $426,800 $68,500 $358,300
2023 $5,999 $421,000 $68,500 $352,500
2022 $5,965 $409,000 $68,500 $340,500
2021 $8,499 $364,400 $20,600 $343,800
2020 $8,137 $347,500 $20,600 $326,900
2019 $7,291 $305,200 $20,600 $284,600
2018 $6,875 $285,100 $20,600 $264,500
2017 $5,490 $254,400 $20,600 $233,800
2016 $5,018 $237,300 $20,600 $216,700
2014 $4,726 $218,800 $20,600 $198,200
2013 $4,380 $195,800 $20,600 $175,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21861860

MIBOR Broker Listing Cooperative®

APN: 49-06-36-150-022.000-101