NOT LISTED FOR SALE

Estimated Value: $72,000 - $164,000

2 Beds
1 Bath
725 Sq Ft
$158/Sq Ft Est. Value

Last Sold May 22, 2018

Last sale price $40,000 $55 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $774/month

33 Days on Market

Highlights

  • Bungalow
  • Forced Air Heating System
  • 4-minute walk to James Foster Gaines Park
  • 1-Story Property
  • Garage

About This Home

As of May 2018

Freshly renovated income producing property hidden away in Kessler Park. Currently rented for $700/month with tenants paying all utilities. Potential for extra living space in second level/attic space.

Last Agent to Sell the Property

Zachary Hoereth

Elite Indy Realty Group Listed on: 04/02/2018

Last Buyer's Agent

Michael Ernest

Keller Williams Indy Metro NE

Keller Williams Indy Metro NE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $762

Year Built

  • Built in 1949

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • Garage

Home Design

  • Bungalow
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 725 Sq Ft Home
  • 1-Story Property
  • Attic Access Panel
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Kessler Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490628102280000901

Home Details

Home Type

Single Family

Est. Annual Taxes

$762

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1949
  • Garage Y N: Yes
  • Lot Size Acres: 0.11
  • Subdivision Name: KESSLER PARK
  • Inspection Warranties: Not Applicable
  • Property Description: Freshly renovated income producing property hidden away in Kessler Park. Currently rented for $700/month with tenants paying all utilities. Potential for extra living space in second level/attic space.
  • Transaction Type: Sale
  • 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: 725
  • Other Equipment: Smoke Detector
  • Room Count: 4
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 725
  • Main Level Sq Ft: 725
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 725
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • List Price: 48500
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Detached

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490628102280000901
  • Acres: <1/4 Acre
  • Lot Information: Corner
  • Lot Number: 219
  • Lot Size: 5184

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 762
  • Semi Annual Property Tax Amt: 381
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2018
Closed on
May 22, 2018
Sold by
Member Zachary Hoereth
Bought by
Whitfield Ross
Seller's Agent
Zachary Hoereth
Elite Indy Realty Group
Buyer's Agent
Michael Ernest
Keller Williams Indy Metro NE
List Price
$55,000
Sold Price
$40,000
Premium/Discount to List
-$15,000
-27.27%
Current Estimated Value
$114,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,295
Avg. Annual Appreciation
16.40%

Purchase Details

Listed on
Jul 7, 2017
Closed on
Jul 27, 2017
Sold by
Rodriguez Daniel Cruz-
Bought by
Indiana H&H Properties Llc
Seller's Agent
Luis Coronel
Realty of America LLC
Buyer's Agent
Chris Duke
Elite Indy Realty Group
List Price
$34,900
Sold Price
$31,000
Premium/Discount to List
-$3,900
-11.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.46%

Purchase Details

Listed on
Apr 11, 2014
Closed on
Jun 11, 2014
Sold by
Not Provided
Bought by
Alvarez Baca Alma R and Cruz Rodriguez Daniel
Seller's Agent
Michael Price
RE/MAX Centerstone
Buyer's Agent
Luis Coronel
Coronel Realty Group
List Price
$34,900
Sold Price
$30,500
Premium/Discount to List
-$4,400
-12.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.52%

Purchase Details

Closed on
Aug 27, 2007
Sold by
Tebebauch Aaron R
Bought by
Southwest Property Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.42%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 28, 2007
Sold by
Southwest Property Development Llc
Bought by
Tevebaugh Aaron R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.42%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 30, 2006
Sold by
Tevebaugh Aaron R
Bought by
Southwest Properties Developmetn Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,400
Interest Rate
6.56%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 2, 2006
Sold by
Southwest Property Development Llc
Bought by
Tevebaugh Aaron R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,400
Interest Rate
6.56%
Mortgage Type
Credit Line Revolving
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
Whitfield Ross $40,000 --
Whitfield Ross $40,000 Meridian Title Corporation
Indiana H&H Properties Llc $31,000 --
Indiana H & H Properties Llc $31,000 Hocker And Associates
Alvarez Baca Alma R $30,500 Abstract & Title
Cruz Rodriguez Daniel -- None Available
Southwest Property Development Llc -- None Available
Tevebaugh Aaron R -- None Available
Southwest Properties Developmetn Llc -- None Available
Tevebaugh Aaron R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitfield Ross $35,250
Previous Owner Tevebaugh Aaron R $60,000
Previous Owner Tevebaugh Aaron R $60,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2018 05/22/18 Sold $40,000 -17.5% $55 / Sq Ft
05/06/2018 05/06/18 Pending -- -- --
05/03/2018 05/03/18 Price Changed $48,500 -3.0% $67 / Sq Ft
04/23/2018 04/23/18 Price Changed $50,000 -9.1% $69 / Sq Ft
04/02/2018 04/02/18 For Sale $55,000 +77.4% $76 / Sq Ft
07/27/2017 07/27/17 Sold $31,000 -11.2% $43 / Sq Ft
07/14/2017 07/14/17 Pending -- -- --
07/07/2017 07/07/17 For Sale $34,900 +14.4% $48 / Sq Ft
06/11/2014 06/11/14 Sold $30,500 -6.2% $42 / Sq Ft
05/03/2014 05/03/14 Price Changed $32,500 -6.9% $45 / Sq Ft
04/11/2014 04/11/14 For Sale $34,900 -- $48 / 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 $1,983 $83,300 $4,000 $79,300
2023 $1,983 $80,700 $4,000 $76,700
2022 $1,973 $80,700 $4,000 $76,700
2021 $978 $39,500 $4,000 $35,500
2020 $980 $39,500 $4,000 $35,500
2019 $1,021 $40,500 $4,000 $36,500
2018 $930 $36,400 $4,000 $32,400
2017 $716 $30,800 $4,000 $26,800
2016 $823 $36,700 $4,000 $32,700
2014 $783 $36,200 $4,000 $32,200
2013 $884 $35,500 $4,000 $31,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21555675

MIBOR Broker Listing Cooperative®

APN: 49-06-28-102-280.000-901