NOT LISTED FOR SALE

2038 N Colorado Ave Indianapolis, IN 46218

Near Eastside Neighborhood

Estimated Value: $100,000 - $139,131

2 Beds
1 Bath
1,448 Sq Ft
$82/Sq Ft Est. Value

Last Sold April 11, 2022

Last sale price $90,000 $62 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $831/month

114 Days on Market

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Bungalow
  • Forced Air Heating and Cooling System
  • 3-minute walk to Forest Manor Park

About This Home

As of April 2022

Major price reduction!! Redone! Great opportunity! This beautiful 2 bedroom bungalow with a full basement and 2 car garage is the perfect starter home! Beautiful wood floors sets off the spacious living room and bedrooms. Interior all repainted, new furnace, new blinds, wood floor beautiful! Cleaned, sanitized, and ready for you! Square footage received from tax rolls. All information intended to be accurate, but cannot be guaranteed.Cash only.

Last Agent to Sell the Property

Arch Nevins

eXp Realty, LLC Listed on: 11/30/2021

eXp Realty, LLC

Last Buyer's Agent

Monique Bledsoe

True Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $790

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,448 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House
  • Attic Access Panel
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • Brookside Sunnygrove Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490733115014000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$790

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1950
  • Building Area Total: 1448
  • Garage Y N: Yes
  • Lot Size Acres: 0.17
  • Subdivision Name: BROOKSIDE SUNNYGROVE ADD
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access
  • Other Equipment: Smoke Detector
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 728
  • Main Level Sq Ft: 728
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Below Grade Sq Ft: 720
  • Pct Optional Level Finished: 25-50%

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 92000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Detached

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: 490733115014000101
  • Acres: <1/4 Acre
  • Lot Number: 294
  • Lot Size: 7,405

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 790
  • Semi Annual Property Tax Amt: 395
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools
  • Schools: Arsenal Technical High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2021
Closed on
Apr 12, 2022
Sold by
M2 Investing Llc
Bought by
Thornton Thomas K
Seller's Agent
Arch Nevins
eXp Realty, LLC
Buyer's Agent
Monique Bledsoe
True Property Management
List Price
$92,000
Sold Price
$90,000
Premium/Discount to List
-$2,000
-2.17%
Current Estimated Value
$119,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,283
Avg. Annual Appreciation
8.75%
Original Mortgage
$67,500
Outstanding Balance
$63,639
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$55,576

Purchase Details

Listed on
Nov 30, 2021
Closed on
Apr 11, 2022
Sold by
M2 Investing Llc
Bought by
Thornton Thomas K
Seller's Agent
Arch Nevins
eXp Realty, LLC
Buyer's Agent
Monique Bledsoe
True Property Management
List Price
$92,000
Sold Price
$90,000
Premium/Discount to List
-$2,000
-2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Outstanding Balance
$63,639
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$55,576

Purchase Details

Listed on
Jun 12, 2018
Closed on
Nov 16, 2018
Sold by
Honalee 2038 Colorado Ave Llc
Bought by
M2 Investing Llc
Seller's Agent
Arch Nevins
eXp Realty, LLC
Buyer's Agent
Victoria Gutterman
List Price
$330,000
Sold Price
$52,000
Premium/Discount to List
-$278,000
-84.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.56%

Purchase Details

Closed on
Feb 11, 2016
Sold by
Griffin Vincent and Griffin Pamela
Bought by
Honalee 2038 N Colorado Ave Llc

Purchase Details

Closed on
Nov 16, 2015
Sold by
Mcclure Tim L
Bought by
Griffin Vincent and Griffin Pamela
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Thornton Thomas K $88,500 Hocker Janet Davis
Thornton Thomas K -- Hocker Janet Davis
M2 Investing Llc $52,000 First American Title Insurance
Honalee 2038 N Colorado Ave Llc -- None Available
Griffin Vincent -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thornton Thomas K $67,500
Closed Thornton Thomas K $67,500
Previous Owner Mcclure Tim L $60,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2022 04/11/22 Sold $90,000 -2.2% $62 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $92,000 -7.5% $64 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
02/03/2022 02/03/22 For Sale -- -- --
01/27/2022 01/27/22 Pending -- -- --
11/30/2021 11/30/21 For Sale $99,500 +91.3% $69 / Sq Ft
11/19/2018 11/19/18 Sold $52,000 -13.3% $36 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
08/29/2018 08/29/18 Price Changed $60,000 -81.8% $41 / Sq Ft
06/12/2018 06/12/18 For Sale $330,000 -- $228 / 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 $2,175 $88,500 $8,100 $80,400
2023 $2,175 $88,000 $8,100 $79,900
2022 $1,694 $68,100 $8,100 $60,000
2021 $1,385 $56,400 $8,100 $48,300
2020 $1,245 $50,200 $2,700 $47,500
2019 $1,150 $45,300 $2,700 $42,600
2018 $1,051 $40,800 $2,700 $38,100
2017 $867 $37,200 $2,700 $34,500
2016 $856 $37,500 $2,700 $34,800
2014 $256 $45,400 $2,700 $42,700
2013 $312 $45,400 $2,700 $42,700
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Arch Nevins

    eXp Realty, LLC

    Section Image

  • M

    Buyer's Agent in 2022

    Monique Bledsoe

    True Property Management

    Section Image

  • V

    Buyer's Agent in 2018

    Victoria Gutterman

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21826949

MIBOR Broker Listing Cooperative®

APN: 49-07-33-115-014.000-101

Indiana Marion County Indianapolis 46218 Near Eastside

2038 N Colorado Ave, Indianapolis, IN

This home is located at 2038 N Colorado Ave, Indianapolis, IN 46218 since 30 November 2021 and is currently estimated at $119,283, approximately $82 per square foot. This property was built in 1950. 2038 N Colorado Ave is a home located in Marion County with nearby schools including Brookside School 54, Arlington Community Middle School, and Arsenal Technical High School.

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.

Nearby Homes