$215,000
SOLD MAR 8, 2019
4 Beds
3.5 Baths
4,148 Sq Ft
5,532 Sq Ft Lot

Recently Sold

$52 Per Sq Ft

2% Below List Price

218 Days on Market

Highlights

  • Covered Patio or Porch
  • Family or Dining Combination
  • 4-minute walk to Herron-Morton Place Historic Park
  • Kitchen Island
  • 2 Car Garage

About This Home

As of March 2019

Investor special on Alabama! Over 3,000sq ft home on a great block in Herron-Morton. This home has been gutted ready for the next buyer to put their personal touch and bring it back to life. This could be a 3/4/5 bedroom home with huge master suite. Large backyard with garage plans already in place. Current seller has rendering and layout plans to finish out the home. Run comps to see the value once complete. Plenty of equity for the right buyer/investor! This is a huge renovation for a seasoned investor.

Last Agent to Sell the Property

Brian Maire

United Real Estate Indpls License #RB14050662 Listed on: 07/11/2018

United Real Estate Indpls

Last Buyer's Agent

Kevin Warren

Kevin Warren

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $290

Year Built

  • Built in 1910

Parking

  • 2 Car Garage

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • Family or Dining Combination
  • Kitchen Island
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Covered Patio or Porch
  • 5,532 Sq Ft Lot
  • Heating System Uses Gas

Community Details

  • Morton Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490636219106000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$290

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts&Crafts/Craftsman
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1910
  • Garage Y N: Yes
  • Lot Size Acres: 0.127
  • Subdivision Name: MORTON PLACE
  • Inspection Warranties: Not Applicable
  • Property Description: Investor special on Alabama! Over 3,000sq ft home on a great block in Herron-Morton. This home has been gutted ready for the next buyer to put their personal touch and bring it back to life. This could be a 3/4/5 bedroom home with huge master suite. Large backyard with garage plans already in place. Current seller has rendering and layout plans to finish out the home. Run comps to see the value once complete. Plenty of equity for the right buyer/investor! This is a huge renovation for a seasoned investor.
  • Transaction Type: Sale
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: None
  • Levels: Two
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access,Windows Wood
  • Living Area: 4148
  • Other Equipment: Not Applicable
  • Room Count: 11
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 3148
  • Main Level Sq Ft: 1849
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Sinks Double,Sitting Room,Suite
  • Total Sq Ft: 4148
  • Kitchen Features: Center Island
  • Below Grade Sq Ft: 1000
  • Upper Level Sq Ft: 1299
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Brick,Wood
  • Disclosures: Not Applicable
  • Foundation Details: Other
  • List Price: 215000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Detached,None
  • Garage Parking Other: Other

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: Forced Air,None
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available
  • Water Heater: No Water Heater

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490636219106000101
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Street Lights
  • Lot Number: 106
  • Lot Size: 5,532

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 290
  • Semi Annual Property Tax Amt: 145
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2020
Sold by
Mardolph Llc
Bought by
2060 Alabama Llc
Current Estimated Value
$453,029

Purchase Details

Closed on
Apr 16, 2020
Sold by
Martin Jerod
Bought by
Mardolph Llc

Purchase Details

Listed on
Jul 11, 2018
Closed on
Mar 8, 2019
Sold by
A3m Inv Llc
Bought by
Randolph Gregory and Martin Jerod
Seller's Agent
Brian Maire
United Real Estate Indpls
Buyer's Agent
Kevin Warren
Kevin Warren
List Price
$220,000
Sold Price
$215,000
Premium/Discount to List
-$5,000
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.17%

Purchase Details

Closed on
May 23, 2018
Sold by
Better Homes Inc
Bought by
A3m Investments Llc

Purchase Details

Listed on
Dec 1, 2016
Closed on
Apr 21, 2017
Sold by
Eugene E
Seller's Agent
Wilbur Goodwin
Buyer's Agent
Samuel Penrod
@properties
List Price
$300,000
Sold Price
$185,567
Premium/Discount to List
-$114,433
-38.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%
Original Mortgage
$50,000
Interest Rate
4.23%
Mortgage Type
Seller Take Back
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $215,000 First American Title Insurance
Quit Claim Deed -- None Available
Deed $185,600 --
Deed -- Abstract & Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 Seller Take Back
Previous Owner $50,000 Seller Take Back
Previous Owner $299,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2019 03/08/19 Sold $215,000 0.0% $52 / Sq Ft
02/15/2019 02/15/19 Pending -- -- --
01/03/2019 01/03/19 Price Changed $215,000 -2.3% $52 / Sq Ft
01/03/2019 01/03/19 For Sale $220,000 +2.3% $53 / Sq Ft
12/30/2018 12/30/18 Off Market $215,000 -- --
12/14/2018 12/14/18 Pending -- -- --
12/05/2018 12/05/18 Price Changed $220,000 -10.2% $53 / Sq Ft
12/01/2018 12/01/18 For Sale $245,000 +14.0% $59 / Sq Ft
11/30/2018 11/30/18 Off Market $215,000 -- --
11/06/2018 11/06/18 Price Changed $245,000 -5.4% $59 / Sq Ft
09/12/2018 09/12/18 For Sale $259,000 +20.5% $62 / Sq Ft
09/11/2018 09/11/18 Off Market $215,000 -- --
07/30/2018 07/30/18 Price Changed $259,000 -5.8% $62 / Sq Ft
07/11/2018 07/11/18 For Sale $275,000 +48.2% $66 / Sq Ft
04/21/2017 04/21/17 Sold $185,567 -25.8% $39 / Sq Ft
04/11/2017 04/11/17 Pending -- -- --
02/21/2017 02/21/17 Price Changed $250,000 -7.4% $53 / Sq Ft
02/03/2017 02/03/17 Price Changed $270,000 -22.9% $57 / Sq Ft
12/19/2016 12/19/16 Price Changed $350,000 -22.2% $74 / Sq Ft
12/02/2016 12/02/16 Price Changed $450,000 +50.0% $95 / Sq Ft
12/01/2016 12/01/16 For Sale $300,000 -- $64 / 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 $2,339 $236,100 $85,800 $150,300
2023 $2,339 $191,300 $85,800 $105,500
2022 $1,833 $186,600 $85,800 $100,800
2021 $1,652 $136,700 $38,300 $98,400
2020 $3,181 $133,100 $38,300 $94,800
2019 $3,848 $158,900 $38,300 $120,600
2018 $4,535 $155,100 $38,300 $116,800
2017 $4,836 $111,400 $38,300 $73,100
2016 $384 $104,000 $38,300 $65,700
2014 $283 $96,000 $38,300 $57,700
2013 $278 $94,400 $38,300 $56,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21580044

MIBOR Broker Listing Cooperative®

APN: 49-06-36-219-106.000-101