NOT LISTED FOR SALE

2031 Central Ave Indianapolis, IN 46202

Near Northside Neighborhood

Estimated Value: $657,000 - $742,542

4 Beds
3 Baths
3,164 Sq Ft
$221/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $375,000 $119 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,062/month

112 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • No HOA
  • Vaulted Ceiling
  • Wood Flooring
  • 3-minute walk to Martin Luther King Memorial Park

About This Home

As of April 2024

DRASTICALLY REDUCED!! HISTORIC HERRON MORTON! Rare opportunity for your dream home or investment property! Live in it, flip it or convert it into a money making duplex or triplex! Currently zoned as a dup but converted to single fam. Tall ceilings, HUGE ROOMS, main & upper level enclosed sunrooms! Can be a 3 level home, 2 level home w/ rentable bsmt apt or 3 sep apts! Seller had bsmt completely rebuilt, enlarged & waterproofed by Michaelis (over $120k!) so this one is SOLID & DRY! Bsmt w/9ft ceilings, egress win & walk out. Home could be 2bd unit up, main level 2bd unit & 1bd w/ bonus rm unit in bsmt. Nowhere else in Indy can you find an opportunity like this! Considered Herron Morton but no restrictions. 2 master bds (primary master up & alternate master on main). Enormous kitchen could be incredible! Upstairs master ba remodeled... finish it into a stunner! Sold AS-IS. Seller will make NO REPAIRS. Make this incredible home YOURS or your next homerun investment!

Last Agent to Sell the Property

Suzanne Roell-Carlson

Smart Choice Realtors, LLC Brokerage Email: suzsold@aol.com License #RB14043640 Listed on: 10/23/2023

Co-Listed By

Kathleen Roell

Smart Choice Realtors, LLC Brokerage Email: suzsold@aol.com License #RB14046069

Last Buyer's Agent

Max Moore

@properties License #RB22000396

@properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 1880

Lot Details

  • 5,837

Parking

  • Alley Access

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Paddle Fans
  • Window Screens
  • Formal Dining Room
  • Wood Flooring
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Updated Kitchen
  • Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • 9 Foot Basement Ceiling Height
  • Basement Window Egress

Location

  • Property is near a bus stop
  • Suburban Location

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Enclosed Glass Porch
  • 5,837 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Citizens National Bank Sub Johns Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / 14
  • Assessor Parcel Number 490636226011000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,000

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1880
  • Building Area Total: 4746
  • Co List Office Phone: 317-884-5478
  • Garage Y N: No
  • Lot Size Acres: 0.13
  • Subdivision Name: Citizens National Bank Sub Johns
  • Transaction Type: Sale
  • Website: www.smartchoiceindy.com
  • Accessibility Features YN: No
  • MBR_AttributionContact: suzsold@aol.com
  • Attribution Contact: suzsold@aol.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Ceiling - 9+ feet, Egress Window(s), Exterior Entry, Full, Interior Entry, Walk Out
  • Appliances: Dishwasher, Electric Water Heater, Gas Oven
  • Levels: Two
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Built In Book Shelves, Raised Ceiling(s), Paddle Fan, Hardwood Floors, Pantry, Screens Some, Walk-in Closet(s)
  • Living Area: 3164
  • Main Level Bedrooms: 1
  • Other Equipment: Smoke Alarm
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1582
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Some Updates
  • Upper Level Sq Ft: 1582
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Foundation Details: Block
  • List Price: 394900
  • Patio And Porch Features: Glass Enclosed, Porch Open

Garage/Parking

  • Parking Features: Alley Access, Gravel
  • Garage Sq Ft: 0

Utilities

  • Cooling: Central Electric
  • Heating: Electric, Heat Pump
  • Laundry Features: Main Level, Upper Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Curbs, Sidewalks, Suburban

Lot Info

  • Lot Features: Busline, Curbs, Sidewalks, Storm Sewer, Suburb
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 5837
  • Parcel Number: 490636226011000101
  • Acres: <1/4 Acre
  • Price Acre: 2884615

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2000
  • Tax Block: 14
  • Tax Lot: 6
  • Semi Annual Property Tax Amt: 1000
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2023
Closed on
Apr 12, 2024
Sold by
Roell Brandon R and Roell Jennifer L
Bought by
44 Investment Group Llc
Seller's Agent
Suzanne Roell-Carlson
Smart Choice Realtors, LLC
Buyer's Agent
Max Moore
@properties
List Price
$424,900
Sold Price
$375,000
Premium/Discount to List
-$49,900
-11.74%
Views
597
Current Estimated Value
$659,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,058
Avg. Annual Appreciation
62.80%
Original Mortgage
$512,800
Interest Rate
6.88%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 10, 2014
Sold by
Roell Brandon R and Barnes Jennifer L
Bought by
Roell Brandon R and Roell Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,800
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2005
Sold by
Household Finance Corp Iii
Bought by
Roell Brandon R and Barnes Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
5.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 17, 2005
Sold by
Deutsche Bank National Trust Compnay
Bought by
Household Finance Corporation Iii

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
5.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 8, 2005
Sold by
Beard Myra and Beard Louis Duwayne
Bought by
Deutsche Bank National Trust Co
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
44 Investment Group Llc $375,000 Foundation Title
Roell Brandon R -- None Available
Roell Brandon R -- None Available
Household Finance Corporation Iii -- None Available
Deutsche Bank National Trust Co $155,572 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 44 Investment Group Llc $512,800
Previous Owner Roell Brandon R $250,000
Previous Owner Roell Brandon R $77,800
Previous Owner Roell Brandon R $21,000
Previous Owner Roell Brandon R $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $375,000 -5.0% $119 / Sq Ft
02/13/2024 02/13/24 Pending -- -- --
01/16/2024 01/16/24 Price Changed $394,900 -1.3% $125 / Sq Ft
11/25/2023 11/25/23 Price Changed $399,900 -3.6% $126 / Sq Ft
11/08/2023 11/08/23 Price Changed $414,900 -2.4% $131 / Sq Ft
10/23/2023 10/23/23 For Sale $424,900 -- $134 / 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 $5,065 $305,400 $73,800 $231,600
2023 $5,065 $305,400 $73,800 $231,600
2022 $2,981 $305,400 $73,800 $231,600
2021 $2,102 $141,800 $18,000 $123,800
2020 $2,103 $141,800 $18,000 $123,800
2019 $1,806 $124,200 $18,000 $106,200
2018 $1,546 $106,400 $18,000 $88,400
2017 $1,223 $95,200 $18,000 $77,200
2016 $1,091 $88,200 $18,000 $70,200
2014 $990 $83,200 $18,000 $65,200
2013 $1,849 $83,200 $18,000 $65,200
Source: Public Records

Agents Affiliated with this Home

  • Suzanne Roell-Carlson

    Seller's Agent in 2024

    Suzanne Roell-Carlson

    Smart Choice Realtors, LLC

    (317) 506-2530

    1 in this area

    195 Total Sales

    Section Image

  • K

    Seller Co-Listing Agent in 2024

    Kathleen Roell

    Smart Choice Realtors, LLC

    (317) 506-4430

    1 in this area

    112 Total Sales

    Section Image

  • M

    Buyer's Agent in 2024

    Max Moore

    @properties

    (317) 476-3338

    3 in this area

    80 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21949884

MIBOR Broker Listing Cooperative®

APN: 49-06-36-226-011.000-101

Indiana Marion County Indianapolis 46202 Near Northside

2031 Central Ave, Indianapolis, IN

This home is located at 2031 Central Ave, Indianapolis, IN 46202 since 23 October 2023 and is currently estimated at $699,771, approximately $221 per square foot. This property was built in 1880. 2031 Central Ave is a home located in Marion County with nearby schools including Washington Irving School 14, Arsenal Technical High School, and George Washington Community High School (9-12).

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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