NOT LISTED FOR SALE

2249 N Spencer Ave Indianapolis, IN 46218

Eastside Neighborhood

Estimated Value: $64,000 - $96,411

2 Beds
1 Bath
550 Sq Ft
$155/Sq Ft Est. Value

Last Sold February 26, 2024

Last sale price $35,000 $64 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $557/month

7 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Combination Dining and Living Room
  • 1 Car Detached Garage
  • 1-Story Property

About This Home

As of February 2024

Great investment opportunity just waiting for the right invesrtor. The right amount of sweat equity and this will be a cash flowing rental property for any new or advanced investor.

Last Agent to Sell the Property

Michael Harris

BHB Real Estate Group Brokerage Email: MikeHarrisHomes@gmail.com License #RB16001558 Listed on: 11/08/2023

Last Buyer's Agent

Michael Harris

BHB Real Estate Group Brokerage Email: MikeHarrisHomes@gmail.com License #RB16001558 Listed on: 11/08/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 5,445 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Slab Foundation
  • Aluminum Siding

Interior Spaces

  • 550 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Attic Access Panel

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Arlington Woods School 99 Elementary School
  • Arlington Community Middle School
  • Arsenal Technical High School

Community Details

  • No Home Owners Association
  • Warren Subdivision

Listing and Financial Details

  • Tax Lot 510
  • Assessor Parcel Number 490727102027000701

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1949
  • Building Area Total: 550
  • Garage Y N: Yes
  • Lot Size Acres: 0.13
  • Subdivision Name: Warren
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: MikeHarrisHomes@gmail.com
  • Attribution Contact: MikeHarrisHomes@gmail.com
  • 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: 550
  • Main Level Bedrooms: 2
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 550
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Aluminum Siding
  • Foundation Details: Slab
  • List Price: 55000

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached
  • Garage Sq Ft: 352

Utilities

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

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Arlington Community Middle School

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 5445
  • Parcel Number: 490727102027000701
  • Acres: <1/4 Acre
  • Price Acre: 269231

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 908
  • Tax Lot: 510
  • Semi Annual Property Tax Amt: 454
  • Tax Exemption: None

MLS Schools

  • Elementary School: Arlington Woods School 99
  • High School: Arsenal Technical High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Feb 27, 2024
Sold by
Idaf Llc
Bought by
Yard Of Bricks Llc
Seller's Agent
Michael Harris
BHB Real Estate Group
Buyer's Agent
Michael Harris
BHB Real Estate Group
List Price
$59,900
Sold Price
$35,000
Premium/Discount to List
-$24,900
-41.57%
Views
51
Current Estimated Value
$85,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,470
Avg. Annual Appreciation
73.52%
Original Mortgage
$82,800
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2023
Closed on
Feb 5, 2024
Sold by
Odyssey Ventures Acquisitions Llc
Bought by
Idaf Llc
Seller's Agent
Michael Harris
BHB Real Estate Group
Buyer's Agent
Michael Harris
BHB Real Estate Group
List Price
$59,900
Sold Price
$35,000
Premium/Discount to List
-$24,900
-41.57%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2023
Closed on
Feb 1, 2024
Sold by
Odyssey Ventures Acquisitions Llc
Bought by
Idaf Llc
Seller's Agent
Michael Harris
BHB Real Estate Group
Buyer's Agent
Michael Harris
BHB Real Estate Group
List Price
$59,900
Sold Price
$35,000
Premium/Discount to List
-$24,900
-41.57%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2023
Closed on
Jan 3, 2024
Sold by
Paul & Lisa Simon Real Estate Llc
Bought by
Odyssey Ventures Acquisitions Llc
Seller's Agent
Michael Harris
BHB Real Estate Group
Buyer's Agent
Michael Harris
BHB Real Estate Group
List Price
$59,900
Sold Price
$35,000
Premium/Discount to List
-$24,900
-41.57%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2023
Sold by
Paul & Lisa Simon Real Estate Llc
Bought by
Odyssey Ventures Acquisitions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2017

Purchase Details

Closed on
May 3, 2017

Purchase Details

Closed on
Jun 5, 2015
Sold by
Double H Property Management Ix Llc
Bought by
Bald Eagle Property Solutions Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Yard Of Bricks Llc -- Abstract Service Company
Idaf Llc $92,000 Hoosier Title & Abstract, Llc
Idaf Llc -- Hoosier Title & Abstract, Llc
Odyssey Ventures Acquisitions Llc $35,000 None Listed On Document
Odyssey Ventures Acquisitions Llc -- None Listed On Document
-- $38,500 --
Paul & Lisa Simon Real Estate Llc $38,500 Paramount Title Agency
-- $12,700 --
Oceanpointe Holdings Llc $12,650 Paramount Title Agency
Bald Eagle Property Solutions Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Idaf Llc $82,800
Closed Idaf Llc $82,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2024 02/26/24 Sold $35,000 -36.4% $64 / Sq Ft
01/03/2024 01/03/24 Price Changed $55,000 -8.2% $100 / Sq Ft
11/16/2023 11/16/23 Pending -- -- --
11/08/2023 11/08/23 For Sale $59,900 -- $109 / 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 $1,243 $48,700 $10,800 $37,900
2023 $1,243 $48,700 $10,800 $37,900
2022 $1,148 $45,000 $10,800 $34,200
2021 $993 $39,400 $10,800 $28,600
2020 $837 $32,600 $5,300 $27,300
2019 $836 $32,000 $5,300 $26,700
2018 $841 $32,000 $5,300 $26,700
2017 $1,498 $31,800 $5,300 $26,500
2016 $665 $28,400 $5,300 $23,100
2014 $592 $27,400 $5,300 $22,100
2013 $570 $27,400 $5,300 $22,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Michael Harris

    BHB Real Estate Group

    (317) 697-7101

    1 in this area

    10 Total Sales

    Michael Harris
    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21951368

MIBOR Broker Listing Cooperative®

APN: 49-07-27-102-027.000-701

Indiana Marion County Indianapolis 46218 Eastside

2249 N Spencer Ave, Indianapolis, IN

This home is located at 2249 N Spencer Ave, Indianapolis, IN 46218 since 08 November 2023 and is currently estimated at $85,470, approximately $155 per square foot. This property was built in 1949. 2249 N Spencer Ave is a home located in Marion County with nearby schools including Arlington Woods Elementary School No. 99, Arlington Community Middle School, and Arsenal Technical High School.

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.

Nearby Homes