NOT LISTED FOR SALE

2047 Gerrard Ave Indianapolis, IN 46224

Estimated Value: $230,731 - $276,000

2 Beds
2 Baths
1,820 Sq Ft
$134/Sq Ft Est. Value

Last Sold May 08, 2017

Last sale price $131,500 $72 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,506/month

21 Days on Market

Highlights

  • Living Room with Fireplace
  • Woodwork
  • 1-Story Property
  • Speedway Junior High School Rated A
  • Bungalow
  • Forced Air Heating and Cooling System

About This Home

As of May 2017

Walk to school and the Indy 500! Super cute 2BR/2BA bungalow with so many great features make this home a true stand out! En-suite bathroom & walk in closet in MBR. Hardwood floors throughout! Kitchen includes updated appliances and tile backsplash. Enjoy warm evenings in the fully screened in porch with maintenance free fence for total privacy. Detached three car garage with plenty of extra storage gives this home exceptional value. New roof, water heater & furnace in 2015.

Last Agent to Sell the Property

Todd Howard

Todd Howard License #RB15000114 Listed on: 04/04/2017

Co-Listed By

Kimberly Wilson

Berkshire Hathaway Home License #RB14048878

Last Buyer's Agent

Beth Lyons

Keller Williams Indpls Metro N

Keller Williams Indpls Metro N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $774

Year Built

  • Built in 1951

Lot Details

  • 6,578 Sq Ft Lot
  • Property is Fully Fenced
  • Privacy Fence

Parking

  • Garage

Home Design

  • Bungalow
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,820 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Gas Log Fireplace
  • Electric Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement
  • Laundry in Basement
  • Basement Lookout

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Gas
  • Gas Water Heater
  • Satellite Dish

Community Details

  • Everett M Schofield Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490631120036000914

Home Details

Home Type

Single Family

Est. Annual Taxes

$774

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1951
  • Co List Office Phone: 317-846-6300
  • Garage Y N: Yes
  • Lot Size Acres: 0.151
  • Subdivision Name: EVERETT M SCHOFIELD
  • Inspection Warranties: Not Applicable
  • Property Description: Walk to school and the Indy 500! Super cute 2BR/2BA bungalow with so many great features make this home a true stand out! En-suite bathroom & walk in closet in MBR. Hardwood floors throughout! Kitchen includes updated appliances and tile backsplash. Enjoy warm evenings in the fully screened in porch with maintenance free fence for total privacy. Detached three car garage with plenty of extra storage gives this home exceptional value. New roof, water heater & furnace in 2015.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full, Daylight/Lookout Windows
  • Appliances: Dishwasher, Dryer, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Basement, Electric, Gas Log, Living Room
  • Fireplaces: 2
  • Interior Amenities: WoodWorkStain/Painted
  • Living Area: 1820
  • Other Equipment: Network Ready, Satellite Dish Rented, Sump Pump, Water-Softener Owned
  • Room Count: 6
  • Areas Interior: Laundry in Basement
  • Eating Area: Formal Dining Room,Kitchen Some Updates
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 910
  • Main Level Sq Ft: 910
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Main Level,Suite
  • Total Sq Ft: 1820
  • Below Grade Sq Ft: 910
  • Pct Optional Level Finished: 25-50%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Exterior Features: Fence Complete, Fence Privacy
  • Foundation Details: Block
  • List Price: 129900
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch,Screened in Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 3 Car Detached

Utilities

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

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490631120036000914
  • Acres: <1/4 Acre
  • Lot Information: Curbs,Sidewalks,Tree Mature
  • Lot Number: 236
  • Lot Size: 6,578

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 774
  • Semi Annual Property Tax Amt: 387
  • Tax Exemption: HomesteadTaxExemption,VeteranTaxExemption

MLS Schools

  • School District: Speedway
  • Schools: James A Allison Elementary,Speedway High,Speedway Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2023
Sold by
Bishop Margaret J
Bought by
Bishop Margaret J and Cunningham Kyle
Current Estimated Value
$244,183

Purchase Details

Closed on
Nov 10, 2023
Sold by
Bishop Margaret J
Bought by
Bishop Margaret J and Cunningham Kyle

Purchase Details

Listed on
Apr 4, 2017
Closed on
May 8, 2017
Sold by
Edeltraud Reed As Trustee
Bought by
Margaret J
Seller's Agent
Todd Howard
Todd Howard
Buyer's Agent
Beth Lyons
Keller Williams Indpls Metro N
List Price
$129,900
Sold Price
$131,500
Premium/Discount to List
$1,600
1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%
Original Mortgage
$105,200
Interest Rate
4.1%
Mortgage Type
New Conventional
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
Bishop Margaret J -- None Listed On Document
Bishop Margaret J -- None Listed On Document
Margaret J $131,500 --
Bishop Margaret J $131,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bishop Margaret J $99,500
Previous Owner Bishop Margaret J $105,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2017 05/08/17 Sold $131,500 +1.2% $72 / Sq Ft
04/06/2017 04/06/17 For Sale $129,900 -1.2% $71 / Sq Ft
04/06/2017 04/06/17 Off Market $131,500 -- --
04/04/2017 04/04/17 For Sale $129,900 -- $71 / 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 $2,461 $177,700 $14,300 $163,400
2023 $2,461 $186,200 $14,300 $171,900
2022 $2,356 $175,400 $14,300 $161,100
2021 $1,793 $137,000 $14,300 $122,700
2020 $1,537 $123,400 $14,300 $109,100
2019 $1,329 $117,800 $14,300 $103,500
2018 $1,217 $110,500 $14,300 $96,200
2017 $1,053 $103,600 $14,300 $89,300
2016 $775 $121,100 $14,300 $106,800
2014 $752 $118,100 $14,300 $103,800
2013 $743 $116,200 $14,300 $101,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21472451

MIBOR Broker Listing Cooperative®

APN: 49-06-31-120-036.000-914