2040 Laurel St Indianapolis, IN 46203
Near Southeast Neighborhood
2
Beds
1
Bath
672
Sq Ft
2,483
Sq Ft Lot
Highlights
- Mature Trees
- Eat-In Kitchen
- 1-Story Property
- No HOA
- Bungalow
- Forced Air Heating System
About This Home
As of April 2025100% Financing Available | Agents see attached flyer | Welcome to this well-maintained 2-bedroom, 1-bathroom rental property, primed and ready for turn-key investment! This home features a new water heater, AC unit, luxury vinyl plank flooring, a newly renovated backyard space, and fresh paint throughout. Located just east of Bates-Hendricks, this home boasts a prime location with easy access to the vibrant shopping and retail scene in Fountain Square. Quick access to I-65 makes commuting a breeze, while the beautiful Garfield Park Conservatory is just a short distance away. Inside, the home features an open-concept layout with a living room that seamlessly connects to the kitchen. Both bedrooms are well-sized and adaptable, perfect for tenants seeking a comfortable living arrangement or the flexibility to use the rooms as home offices or creative spaces. Outside, the modestly sized backyard is ready to be fenced in for added privacy and enjoyment, making it an ideal spot for tenants to relax, garden, or entertain. This property is an excellent opportunity for investors looking for a rental property ready to go. With its desirable location, functional layout, and ready-to-rent appeal, it's the perfect start or addition to any portfolio.
Last Agent to Sell the Property
@properties Brokerage Email: tyler@tylerlingle.com License #RB21001983 Listed on: 03/06/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,440
Year Built
- Built in 1953
Lot Details
- 2,483 Sq Ft Lot
- Mature Trees
Home Design
- Bungalow
- Vinyl Siding
Interior Spaces
- 672 Sq Ft Home
- 1-Story Property
- Window Screens
- Combination Kitchen and Dining Room
- Vinyl Flooring
- Crawl Space
- Fire and Smoke Detector
- Eat-In Kitchen
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating System
- Gas Water Heater
Community Details
- No Home Owners Association
- F W Rosebrooks Subdivision
Listing and Financial Details
- Tax Lot 491018140064000101
- Assessor Parcel Number 491018140064000101
- Seller Concessions Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 6, 2025
Closed on
Apr 16, 2025
Sold by
1870 Foundation Llc
Bought by
Smigla Madelyn
Seller's Agent
Tyler Lingle
@properties
Buyer's Agent
Jerika Daley
Trueblood Real Estate
List Price
$119,900
Sold Price
$119,900
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,175
Avg. Annual Appreciation
-6.55%
Original Mortgage
$116,303
Outstanding Balance
$116,098
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$1,311
Purchase Details
Closed on
Jan 26, 2024
Sold by
Lingle Tyler
Bought by
1870 Foundation Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.93%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 30, 2021
Sold by
Sherin Scott
Bought by
Lingle Tyler
Purchase Details
Listed on
Jan 24, 2020
Closed on
Sep 21, 2020
Sold by
Hubbs Rentals Inc
Bought by
Sherin Scott
Seller's Agent
Jennifer Snider
Esquire Real Estate Group LLC
Buyer's Agent
Cynthia Bulat
JUST LIV, LLC
List Price
$57,500
Sold Price
$52,500
Premium/Discount to List
-$5,000
-8.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.93%
Purchase Details
Closed on
Aug 15, 2006
Sold by
Hubbell Randall C
Bought by
Hubbs Rentals Inc
Purchase Details
Closed on
Jan 26, 2006
Sold by
Hsbc Bank Usa Na
Bought by
Hubbell Randall C
Purchase Details
Closed on
Aug 26, 2005
Sold by
Wiesen Michael H
Bought by
Hsbc Bank Usa Na
Similar Homes in Indianapolis, IN
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Foundation Title | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $79,900 | None Available | |
| Warranty Deed | $52,500 | Ata National Title | |
| Quit Claim Deed | -- | None Available | |
| Special Warranty Deed | -- | None Available | |
| Sheriffs Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $116,303 | New Conventional | |
| Previous Owner | $231,000 | New Conventional | |
| Previous Owner | $155,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/16/2025 04/16/25 | Sold | $119,900 | 0.0% | $178 / Sq Ft |
| 03/12/2025 03/12/25 | Pending | -- | -- | -- |
| 03/06/2025 03/06/25 | For Sale | $119,900 | +128.4% | $178 / Sq Ft |
| 09/21/2020 09/21/20 | Sold | $52,500 | -8.7% | $78 / Sq Ft |
| 09/07/2020 09/07/20 | Pending | -- | -- | -- |
| 09/02/2020 09/02/20 | For Sale | $57,500 | 0.0% | $86 / Sq Ft |
| 08/26/2020 08/26/20 | Pending | -- | -- | -- |
| 08/17/2020 08/17/20 | Price Changed | $57,500 | -0.9% | $86 / Sq Ft |
| 05/06/2020 05/06/20 | For Sale | $58,000 | 0.0% | $86 / Sq Ft |
| 03/03/2020 03/03/20 | Pending | -- | -- | -- |
| 01/24/2020 01/24/20 | For Sale | $58,000 | -- | $86 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $1,490 | $59,400 | $5,100 | $54,300 |
| 2023 | $1,490 | $60,700 | $5,100 | $55,600 |
| 2022 | $1,483 | $60,700 | $5,100 | $55,600 |
| 2021 | $1,039 | $42,900 | $5,100 | $37,800 |
| 2020 | $1,008 | $41,400 | $5,100 | $36,300 |
| 2019 | $1,075 | $43,500 | $3,000 | $40,500 |
| 2018 | $993 | $39,700 | $3,000 | $36,700 |
| 2017 | $847 | $37,700 | $3,000 | $34,700 |
| 2016 | $776 | $35,100 | $3,000 | $32,100 |
| 2014 | $681 | $31,500 | $3,000 | $28,500 |
| 2013 | $612 | $25,200 | $3,000 | $22,200 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Tyler Lingle
@properties
(317) 443-5258
7 in this area
154 Total Sales
-
K
Seller Co-Listing Agent in 2025
Kyle Hoffman
@properties
(317) 506-9002
3 in this area
62 Total Sales
-
J
Buyer's Agent in 2025
Jerika Daley
Trueblood Real Estate
1 in this area
15 Total Sales
-
Seller's Agent in 2020
Jennifer Snider
Esquire Real Estate Group LLC
(317) 797-1281
3 in this area
26 Total Sales
-
C
Buyer's Agent in 2020
Cynthia Bulat
JUST LIV, LLC
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22025245
APN: 49-10-18-140-064.000-101
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