NOT LISTED FOR SALE

227 Penway St Indianapolis, IN 46205

Mapleton-Fall Creek Neighborhood

Estimated Value: $470,000 - $522,908

4 Beds
2.5 Baths
4,092 Sq Ft
$123/Sq Ft Est. Value

Last Sold September 12, 2019

Last sale price $325,000 $79 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,080/month

25 Days on Market

Highlights

  • Traditional Architecture
  • 3 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Formal Dining Room
  • Porch

About This Home

As of September 2019

PINING FOR PENWAY // You will fall absolutely in love with this home near Historic Meridian Park priced within reach. Entering Historic Meridian Park, you will notice the loveliest homes that are full of character. Pulling onto Penway, you will be greeted by a quiet and quaint street. The Penway house, perched atop a hill, features an all-brick, easy-to-maintain exterior, the coziest front porch and so much more. You will swoon for the amazingly reconfigured chef's kitchen, original hardwood floors throughout the home, your spacious dining and living areas, as well as space -- more than 4,000 sqft including the basement (but not including your great attic). Oversized two-car garage plus a full-stall workshop in your back yard.

Last Agent to Sell the Property

Josh Neuman

@properties License #RB18000393 Listed on: 07/18/2019

@properties

Last Buyer's Agent

Scott Lacy

Asset One Real Estate Company License #RB14014110

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,258

Year Built

  • Built in 1920

Lot Details

  • 8,233

Parking

  • 3 Car Detached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Multi-Level Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Additional Features

  • Porch
  • 8,233 Sq Ft Lot

Community Details

  • Union Park Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490624140002000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,258

Year Built

Built in 1920

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1920
  • Garage Y N: Yes
  • Lot Size Acres: 0.189
  • Subdivision Name: UNION PARK PLACE
  • Inspection Warranties: General
  • Property Description: PINING FOR PENWAY // You will fall absolutely in love with this home near Historic Meridian Park priced within reach. Entering Historic Meridian Park, you will notice the loveliest homes that are full of character. Pulling onto Penway, you will be greeted by a quiet and quaint street. The Penway house, perched atop a hill, features an all-brick, easy-to-maintain exterior, the coziest front porch and so much more. You will swoon for the amazingly reconfigured chef's kitchen, original hardwood floors throughout the home, your spacious dining and living areas, as well as space -- more than 4,000 sqft including the basement (but not including your great attic). Oversized two-car garage plus a full-stall workshop in your back yard.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Roughed In,Unfinished,Walk-Out Access
  • Appliances: Gas Cooktop,Dishwasher,Disposal,Kit Exhaust,Range Hood,Refrigerator
  • Levels: Multi/Split
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Pull Down Stairs,Hardwood Floors,Screens Complete,Windows Vinyl
  • Living Area: 4092
  • Other Equipment: Not Applicable
  • Room Count: 11
  • Areas Interior: Bath Jack-n-Jill,Laundry in Basement
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2728
  • Main Level Sq Ft: 1364
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Total Sq Ft: 4092
  • Kitchen Features: Center Island,Kitchen Updated
  • Below Grade Sq Ft: 1364
  • Upper Level Sq Ft: 1364
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete,Fence Partial
  • Foundation Details: Concrete Perimeter
  • List Price: 339999
  • Association Maintained Building Exterior: 0
  • Porch: Porch Open

Garage/Parking

  • Garage Spaces: 3
  • Fuel: Gas
  • Garage Parking Description: Detached
  • Garage Parking Other: Garage Door Opener,Workshop
  • Garage Sq Ft: 960

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490624140002000101
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Not In Subdivision,Trees Small
  • Lot Number: 23
  • Lot Size: 55x150

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2258
  • Semi Annual Property Tax Amt: 1129
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2019
Closed on
Sep 12, 2019
Sold by
Leblanc Trisha Ann
Bought by
Khaitan Alka and Shenolikar Sachun A
Seller's Agent
Josh Neuman
@properties
Buyer's Agent
Scott Lacy
Asset One Real Estate Company
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%
Current Estimated Value
$503,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,977
Avg. Annual Appreciation
7.06%
Original Mortgage
$260,000
Outstanding Balance
$230,212
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$258,225

Purchase Details

Closed on
Dec 31, 2018
Sold by
Leblanc Josh J
Bought by
Leblanc Trisha Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,123
Interest Rate
5.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 27, 2005
Sold by
Barber Charles B and Barber Connie
Bought by
Leblanc Josh J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,490
Interest Rate
6.42%
Mortgage Type
FHA
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
Khaitan Alka -- None Available
Leblanc Trisha Ann -- None Available
Leblanc Josh J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khaitan Alka $260,000
Previous Owner Leblanc Trisha Ann $210,123
Previous Owner Leblanc Josh J $177,553
Previous Owner Leblanc Josh J $17,000
Previous Owner Leblanc Josh J $168,490
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2019 09/12/19 Sold $325,000 -4.4% $79 / Sq Ft
08/13/2019 08/13/19 Pending -- -- --
08/05/2019 08/05/19 Price Changed $339,999 -2.0% $83 / Sq Ft
07/29/2019 07/29/19 Price Changed $346,999 0.0% $85 / Sq Ft
07/26/2019 07/26/19 Price Changed $347,000 -0.9% $85 / Sq Ft
07/18/2019 07/18/19 For Sale $350,000 -- $86 / 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 $4,075 $441,700 $57,600 $384,100
2023 $4,075 $331,700 $57,600 $274,100
2022 $5,759 $331,700 $57,600 $274,100
2021 $4,974 $413,000 $16,900 $396,100
2020 $4,258 $352,100 $16,900 $335,200
2019 $2,439 $197,800 $16,900 $180,900
2018 $2,368 $190,700 $16,900 $173,800
2017 $3,880 $177,700 $16,900 $160,800
2016 $1,823 $166,000 $16,900 $149,100
2014 $1,685 $157,600 $16,900 $140,700
2013 $1,629 $157,600 $16,900 $140,700
Source: Public Records

Agents Affiliated with this Home

  • Josh Neuman

    Seller's Agent in 2019

    Josh Neuman

    @properties

    (317) 698-8459

    2 in this area

    141 Total Sales

    Josh Neuman
    Section Image
  • Scott Lacy

    Buyer's Agent in 2019

    Scott Lacy

    Asset One Real Estate Company

    (317) 777-1805

    1 in this area

    87 Total Sales

    Scott Lacy
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21655286

MIBOR Broker Listing Cooperative®

APN: 49-06-24-140-002.000-101

Indiana Marion County Indianapolis 46205 Mapleton-Fall Creek

227 Penway St, Indianapolis, IN

This home is located at 227 Penway St, Indianapolis, IN 46205 since 18 July 2019 and is currently estimated at $503,977, approximately $123 per square foot. This property was built in 1920. 227 Penway St is a home located in Marion County with nearby schools including James Whitcomb Riley School 43, 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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