NOT LISTED FOR SALE

2331 N Alabama St Indianapolis, IN 46205

Near Northside Neighborhood

Estimated Value: $363,507 - $384,000

3 Beds
1.5 Baths
1,440 Sq Ft
$257/Sq Ft Est. Value

Last Sold July 06, 2022

Last sale price $332,500 $231 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,299/month

11 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 1 Car Detached Garage
  • Cathedral Ceiling
  • L-Shaped Dining Room
  • Built-in Bookshelves

About This Home

As of July 2022

Centrally located in Fall Creek Place, this 3 bedroom 1.5 bath sits on a quiet street. Open concept on the main level with large great room, beautiful flooring & a fireplace. Kitchen complete with new appliances & home has fresh paint throughout. Enjoy the sunroom adjacent to the fully fenced backyard with room for a garden & fantastic outdoor living space. Home has been well maintained & receives ample natural daylight. Upper level bedrooms with larger closets, laundry room & a balcony to enjoy sitting in the tree tops. Short walking distance to Craig Kids Memorial Park, Mashcraft, Goose, Bocca, Baby's as well as close access to the Monon Trail & Fall Creek Trail. Just minutes from the Children's Museum, Bottlework's and Monument Circle.

Last Agent to Sell the Property

Jerry Gemmecke

F.C. Tucker Company Listed on: 05/26/2022

F.C. Tucker Company

Last Buyer's Agent

Nathan Inskeep

Highgarden Real Estate

Highgarden Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,946

Year Built

  • Built in 2004

Lot Details

  • 5,227 Sq Ft Lot
  • Privacy Fence
  • Back Yard Fenced

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Great Room with Fireplace
  • L-Shaped Dining Room
  • Attic Access Panel

Kitchen

  • Gas Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Monitored
  • Radon Detector
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System
  • SEER Rated 16+ Air Conditioning Units
  • Programmable Thermostat
  • Gas Water Heater
  • Water Purifier

Community Details

  • Association fees include insurance, maintenance, parkplayground
  • Martindales Lincoln Park Subdivision
  • Property managed by Fall Creek Place
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 490625174135000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,946

Year Built

Built in 2004

Lot Details

0

HOA Fees

$15 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 2004
  • Building Area Total: 1440
  • Garage Y N: Yes
  • Lot Size Acres: 0.12
  • Subdivision Name: MARTINDALES LINCOLN PARK
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Website: thegemmeckegroup.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, Gas Oven, Refrigerator, Washer, MicroHood
  • Levels: Two
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Built In Book Shelves, Cathedral Ceiling(s), Walk-in Closet(s), Hardwood Floors, Windows Vinyl
  • Other Equipment: Radon System, Security Alarm Monitored, Security Alarm Paid, Smoke Detector, Programmable Thermostat, Water Purifier, Water-Softener Owned
  • Areas Interior: Foyer Small,Laundry Room Upstairs
  • Eating Area: Dining-L
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1440
  • Main Level Sq Ft: 804
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 636

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fence Full Rear, Fence Privacy
  • Foundation Details: Concrete Perimeter
  • List Price: 345000
  • Association Maintained Building Exterior: 0
  • Porch: Balcony,Open Patio

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Electric,Gas
  • Garage Parking Description: Detached
  • Garage Parking Other: Garage Door Opener,Guest Street Parking,Keyless Entry,Rear Load Garage,Service Door
  • Garage Sq Ft: 240

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Ceiling Fan(s), High Efficiency (SEER 16 +)
  • Heating: Forced Air, High Efficiency (90%+ AFUE )
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Connected,Gas Connected
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 175
  • Association Fee Frequency: Annually
  • Management Company Name: Fall Creek Place
  • Management Company Phone: 317-721-3280
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Insurance, Maintenance, ParkPlayground

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490625174135000101
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Storm Sewer,Street Lights,Tree Mature
  • Lot Number: 25
  • Lot Size: 5520

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2946
  • Semi Annual Property Tax Amt: 1473
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools
  • Schools: Center for Inquiry School 27 Middle,Elder W. Diggs School 42 Elementary,Shortridge High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Jul 12, 2022
Sold by
Peterson and Grace
Bought by
Reed Russell and Reed Chelsea
Seller's Agent
Jerry Gemmecke
F.C. Tucker Company
Buyer's Agent
Nathan Inskeep
Highgarden Real Estate
List Price
$345,000
Sold Price
$332,500
Premium/Discount to List
-$12,500
-3.62%
Current Estimated Value
$370,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,627
Avg. Annual Appreciation
3.34%
Original Mortgage
$312,550
Outstanding Balance
$295,774
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$74,353

Purchase Details

Closed on
Sep 27, 2019
Sold by
Cassler Joel A and Critser Rebecca A
Bought by
Peterson Merritt and Peterson Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,075
Interest Rate
3.5%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 13, 2013
Closed on
Feb 24, 2014
Sold by
Dreher Shana Y and Dreher Roger E
Bought by
Cassler Joel A and Critser Rebecca A
Seller's Agent
Andy Tresize
Compass Indiana, LLC
Buyer's Agent
Michele Schulhof
List Price
$189,900
Sold Price
$180,500
Premium/Discount to List
-$9,400
-4.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$18,050
Interest Rate
4.39%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 15, 2006
Sold by
Dreher Shana Y and Mcmahon Shana Y
Bought by
Dreher Shana Y and Dreher Roger E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,000
Interest Rate
6.21%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Reed Russell $332,500 Chicago Title
Peterson Merritt $228,500 Chicago Title Company, Llc
Cassler Joel A -- Mtc
Dreher Shana Y -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Russell $312,550
Previous Owner Peterson Merritt $217,075
Previous Owner Cassler Joel A $18,050
Previous Owner Dreher Shana Y $29,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2022 07/06/22 Sold $332,500 -3.6% $231 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $345,000 +91.1% $240 / Sq Ft
02/25/2014 02/25/14 Sold $180,500 -4.9% $125 / Sq Ft View Prior Sale
02/18/2014 02/18/14 Pending -- -- --
09/13/2013 09/13/13 For Sale $189,900 -- $132 / 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 $3,825 $299,900 $65,300 $234,600
2023 $3,825 $314,300 $65,300 $249,000
2022 $3,469 $287,300 $65,300 $222,000
2021 $3,031 $253,900 $32,600 $221,300
2020 $2,920 $243,900 $32,600 $211,300
2019 $2,797 $229,500 $32,600 $196,900
2018 $2,454 $200,100 $32,600 $167,500
2017 $2,039 $185,300 $32,600 $152,700
2016 $1,946 $180,500 $32,600 $147,900
2014 $1,873 $174,600 $32,600 $142,000
2013 $1,778 $171,800 $32,600 $139,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jerry Gemmecke

    F.C. Tucker Company

    Section Image

  • N

    Buyer's Agent in 2022

    Nathan Inskeep

    Highgarden Real Estate

    Section Image
  • Andy Tresize

    Seller's Agent in 2014

    Andy Tresize

    Compass Indiana, LLC

    (317) 701-4289

    3 in this area

    100 Total Sales

    Andy Tresize
    Section Image

  • M

    Buyer's Agent in 2014

    Michele Schulhof

  • M

    Buyer's Agent in 2014

    Michele Doyle

    M.S.WOODS REAL ESTATE, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21854136

MIBOR Broker Listing Cooperative®

APN: 49-06-25-174-135.000-101

Indiana Marion County Indianapolis 46205 Near Northside

2331 N Alabama St, Indianapolis, IN

This home is located at 2331 N Alabama St, Indianapolis, IN 46205 since 26 May 2022 and is currently estimated at $370,127, approximately $257 per square foot. This property was built in 2004. 2331 N Alabama St is a home located in Marion County with nearby schools including Elder W. Diggs School 42, James Whitcomb Riley School 43, and Carl Wilde School 79.

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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