NOT LISTED FOR SALE

206 N Forest Ave Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $53,000 - $111,000

2 Beds
1 Bath
720 Sq Ft
$128/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $40,000 $56 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $589/month

70 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • 5-minute walk to Commons Park
  • Bungalow

About This Home

As of June 2024

Investor Alert! 2 bedrooms, 1 full bath, living room and kitchen on .0.08 acre lot. Needs TLC.

Last Agent to Sell the Property

Kelly Wood

RE/MAX At The Crossing Brokerage Email: kelly.wood@remax.net License #RB14036955 Listed on: 03/05/2024

RE/MAX At The Crossing

Last Buyer's Agent

Autumn Roberts

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $812

Year Built

  • Built in 1940

Lot Details

  • 3,615

Home Design

  • Bungalow
  • Block Foundation
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Attic Access Panel

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 3,615 Sq Ft Lot
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Clem & Gants Subdivision

Listing and Financial Details

  • Tax Lot 0.08
  • Assessor Parcel Number 491005152010000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$812

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1940
  • Building Area Total: 720
  • Garage Y N: No
  • Lot Size Acres: 0.08
  • Subdivision Name: Clem & Gants
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: kelly.wood@remax.net
  • Attribution Contact: kelly.wood@remax.net
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access
  • Living Area: 720
  • Main Level Bedrooms: 2
  • Eating Area: None
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 720
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Disclosures: BankOwned
  • Foundation Details: Block
  • List Price: 44900

Garage/Parking

  • Garage Sq Ft: 0

Utilities

  • Cooling: None
  • Heating: Gas
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 3615
  • Parcel Number: 491005152010000101
  • Acres: <1/4 Acre
  • Price Acre: 500000

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 812
  • Tax Lot: 0.08
  • Semi Annual Property Tax Amt: 406

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
Jun 21, 2024
Sold by
Resid Mtg Aggregation Trust and Wilmington Svg Fund Society F
Bought by
Al Haek Husam and Al Haeek Zainab
Seller's Agent
Kelly Wood
RE/MAX At The Crossing
Buyer's Agent
Autumn Roberts
F.C. Tucker Company
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%
Views
492
Current Estimated Value
$92,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,219
Avg. Annual Appreciation
94.05%

Purchase Details

Listed on
Mar 5, 2024
Closed on
May 28, 2024
Sold by
Resid Mtg Aggregation Trust and Wilmington Svg Fund Society F
Bought by
Al Haek Husam and Al Haeek Zainab
Seller's Agent
Kelly Wood
RE/MAX At The Crossing
Buyer's Agent
Autumn Roberts
F.C. Tucker Company
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%
Views
492

Purchase Details

Closed on
Jan 2, 2024
Sold by
Terra Property Qoz Fund Ii Llc
Bought by
Resid Mtg Aggregation Trust

Purchase Details

Closed on
Jan 14, 2022
Sold by
Jl Capital Holdings Llc
Bought by
Terra Property Qoz Fund Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2021
Sold by
Jl Capital Holdings Llc
Bought by
Terra Property Qoz Fund Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2015
Sold by
Upper Class Homes Llc
Bought by
Jl Capital Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,037,500
Interest Rate
3.82%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 21, 2014
Sold by
Marion County
Bought by
Homes Upper Class

Purchase Details

Closed on
Mar 20, 2014
Sold by
Sanchez Julio
Bought by
County Of Marion

Purchase Details

Closed on
Dec 21, 2005
Sold by
D & L Management Llc
Bought by
Sanchez Julio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
7.8%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Al Haek Husam $40,000 Title Clearing & Escrow
Al Haek Husam -- Title Clearing & Escrow
Resid Mtg Aggregation Trust $77,500 None Listed On Document
Terra Property Qoz Fund Ii Llc -- Bray Miranda D
Terra Property Qoz Fund Ii Llc -- Bray Miranda D
Jl Capital Holdings Llc -- Mtc
Homes Upper Class $6,000 --
Upper Class Homes $6,000 None Available
County Of Marion $3,144 None Available
Sanchez Julio -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Terra Property Qoz Fund Ii Llc $131,250
Previous Owner Jl Capital Holdings Llc $206,000
Previous Owner Jl Capital Holdings Llc $4,037,500
Previous Owner Sanchez Julio $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $40,000 -10.9% $56 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
04/20/2024 04/20/24 Price Changed $44,900 -10.0% $62 / Sq Ft
04/17/2024 04/17/24 For Sale $49,900 0.0% $69 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
03/05/2024 03/05/24 For Sale $49,900 -- $69 / 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 $1,222 $50,000 $6,200 $43,800
2023 $1,222 $48,600 $6,200 $42,400
2022 $1,149 $45,800 $6,200 $39,600
2021 $879 $35,200 $6,200 $29,000
2020 $906 $36,300 $2,200 $34,100
2019 $607 $23,000 $2,200 $20,800
2018 $561 $20,900 $2,200 $18,700
2017 $1,983 $20,200 $2,200 $18,000
2016 $1,927 $18,400 $2,200 $16,200
2014 $292 $17,500 $2,200 $15,300
2013 $292 $13,900 $2,200 $11,700
Source: Public Records

Agents Affiliated with this Home

  • Kelly Wood

    Seller's Agent in 2024

    Kelly Wood

    RE/MAX At The Crossing

    (317) 753-6656

    7 in this area

    185 Total Sales

    Kelly Wood
    Section Image

  • A

    Buyer's Agent in 2024

    Autumn Roberts

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21966986

MIBOR Broker Listing Cooperative®

APN: 49-10-05-152-010.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

206 N Forest Ave, Indianapolis, IN

This home is located at 206 N Forest Ave, Indianapolis, IN 46201 since 05 March 2024 and is currently estimated at $92,219, approximately $128 per square foot. This property was built in 1940. 206 N Forest 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 No. 721.

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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