NOT LISTED FOR SALE

2050 Gerrard Ave Indianapolis, IN 46224

Estimated Value: $192,029 - $251,000

2 Beds
1 Bath
1,560 Sq Ft
$142/Sq Ft Est. Value

Last Sold April 24, 2019

Last sale price $123,000 $79 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,236/month

Highlights

  • 2 Car Detached Garage
  • Bungalow
  • Forced Air Heating and Cooling System
  • Speedway Junior High School Rated A
  • 1-Story Property
  • Combination Kitchen and Dining Room

About This Home

As of April 2019

Incredible remodel in Speedway.

Last Agent to Sell the Property

Chris Price

Keller Williams Indy Metro S License #RB14030267 Listed on: 04/22/2019

Keller Williams Indy Metro S

Co-Listed By

Alex Weaver

Dropped Members License #RB14045195

Last Buyer's Agent

Alex Weaver

Keller Williams Indy Metro W

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $192

Year Built

  • Built in 1948

Lot Details

  • 6,578 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Window Screens
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Community Sewer or Septic

Community Details

  • Everett M Schofield Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490631120074000914

Home Details

Home Type

Single Family

Est. Annual Taxes

$192

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1948
  • Co List Office Phone: 317-271-5959
  • Garage Y N: Yes
  • Lot Size Acres: 0.151
  • Subdivision Name: EVERETT M SCHOFIELD
  • Inspection Warranties: General
  • Property Description: Incredible remodel in Speedway.
  • Transaction Type: Sale
  • Website: www.TheIndyPropertySource.com
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Screens Some
  • Living Area: 1560
  • Other Equipment: Smoke Detector
  • Room Count: 4
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 780
  • Main Level Sq Ft: 780
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1560
  • Below Grade Sq Ft: 780
  • Pct Optional Level Finished: 0-25%

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Community Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Community Water
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490631120074000914
  • Acres: <1/4 Acre
  • Lot Number: 270
  • Lot Size: 6,578

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 192
  • Semi Annual Property Tax Amt: 96
  • Tax Exemption: None

MLS Schools

  • School District: Speedway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2019
Sold by
Weaver Alexander R
Bought by
Weaver Geoffrey Grant
Current Estimated Value
$213,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,310
Outstanding Balance
$104,681
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$116,326

Purchase Details

Listed on
Jun 23, 2017
Closed on
Dec 15, 2017
Sold by
Jones Margaret J
Bought by
Weaver Alexander R
Seller's Agent
Damon Stafford
Mark Dietel Realty, LLC
Buyer's Agent
Alex Weaver
Keller Williams Indy Metro W
List Price
$99,000
Sold Price
$61,260
Premium/Discount to List
-$37,740
-38.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.12%
Original Mortgage
$59,422
Interest Rate
3.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Weaver Geoffrey Grant -- Security Title
Weaver Alexander R $61,260 Chicago Title Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weaver Geoffrey Grant $119,310
Closed Weaver Alexander R $59,422
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2019 04/24/19 Sold $123,000 0.0% $79 / Sq Ft
04/24/2019 04/24/19 Price Changed $123,000 +64.0% $79 / Sq Ft
04/22/2019 04/22/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $75,000 +22.4% $48 / Sq Ft
12/15/2017 12/15/17 Sold $61,260 -18.3% $39 / Sq Ft View Prior Sale
12/04/2017 12/04/17 Pending -- -- --
10/03/2017 10/03/17 Price Changed $75,000 -4.5% $48 / Sq Ft
08/23/2017 08/23/17 Price Changed $78,500 -1.9% $50 / Sq Ft
07/24/2017 07/24/17 Price Changed $80,000 -5.8% $51 / Sq Ft
07/11/2017 07/11/17 Price Changed $84,900 -10.5% $54 / Sq Ft
07/03/2017 07/03/17 Price Changed $94,900 -4.1% $61 / Sq Ft
06/23/2017 06/23/17 For Sale $99,000 -- $63 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $1,535 $132,500 $14,300 $118,200
2023 $1,535 $138,200 $14,300 $123,900
2022 $1,572 $130,400 $14,300 $116,100
2021 $1,051 $98,700 $14,300 $84,400
2020 $880 $89,400 $14,300 $75,100
2019 $673 $86,000 $14,300 $71,700
2018 $655 $84,200 $14,300 $69,900
2017 $0 $80,500 $14,300 $66,200
2016 $193 $93,800 $14,300 $79,500
2014 $151 $91,600 $14,300 $77,300
2013 $128 $90,100 $14,300 $75,800
Source: Public Records

Agents Affiliated with this Home

  • Chris Price

    Seller's Agent in 2019

    Chris Price

    Keller Williams Indy Metro S

    (317) 886-8477

    3 in this area

    488 Total Sales

    Chris Price
    Section Image

  • A

    Seller Co-Listing Agent in 2019

    Alex Weaver

    Dropped Members

  • Damon Stafford

    Seller's Agent in 2017

    Damon Stafford

    Mark Dietel Realty, LLC

    (317) 507-3856

    35 Total Sales

    Damon Stafford
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21626393

MIBOR Broker Listing Cooperative®

APN: 49-06-31-120-074.000-914

Indiana Marion County Indianapolis 46224

2050 Gerrard Ave, Indianapolis, IN

Not Listed for Sale

Detached

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