NOT LISTED FOR SALE

2340 Gerrard Ave Indianapolis, IN 46224

Estimated Value: $251,000 - $285,000

3 Beds
1.5 Baths
1,216 Sq Ft
$218/Sq Ft Est. Value

Last Sold August 01, 2024

Last sale price $257,900 $212 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,621/month

7 Days on Market

Highlights

  • Mature Trees
  • Ranch Style House
  • No HOA
  • Speedway Junior High School Rated A
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of August 2024

Newly Remodeled 3 Bed 1.5 Bath Home in Popular Speedway w/FENCED-IN BKYD, 1 CAR DEEP GARAGE & MOVE-IN READY BRICK RANCH! The work is done for you! Many updates in this SWEET RANCH like GORGEOUS UPDATED SPACIOUS EAT-IN KITCHEN w/NEWER Countertops, Backsplash & SS Appliances. Beautiful HARDWOOD FLOORS throughout! NEWER ceramic TILE in the kitchen & bathrooms. FRESHLY PAINTED interior w/light, bright white woodwork. NEWER Furnace, AC, Electrical panel, Plumbing lines & Fixtures plus NEWER Light fixtures including clg fans & lights in Bdrms. LARGE BACKYARD with a 12x10 storage shed for additional storage space!! Awesome location in Speedway & sweet street. COME SEE FOR YOURSELF!

Last Agent to Sell the Property

Jamie Hall

Carpenter, REALTORS® Brokerage Email: jhall@callcarpenter.com License #RB14042414 Listed on: 07/01/2024

Carpenter, REALTORS®

Co-Listed By

Lea Grove

Carpenter, REALTORS® Brokerage Email: jhall@callcarpenter.com License #RB14042416

Last Buyer's Agent

Randy Williams

Instate Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,628

Year Built

  • Built in 1954

Lot Details

  • 9,017 Sq Ft Lot
  • Mature Trees

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,216 Sq Ft Home
  • Woodwork
  • Vinyl Clad Windows
  • Family or Dining Combination
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Built-In Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Basement

  • Sump Pump
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Storage Shed
  • Breezeway

Schools

  • Speedway Junior High School
  • Speedway Senior High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Speedway Manor Subdivision

Listing and Financial Details

  • Tax Lot 353
  • Assessor Parcel Number 490630101096000914
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,628

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1954
  • Building Area Total: 1216
  • Garage Y N: Yes
  • Lot Size Acres: 0.21
  • Subdivision Name: Speedway Manor
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: jhall@callcarpenter.com
  • Attribution Contact: jhall@callcarpenter.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Dryer, Disposal, MicroHood, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Attic Pull Down Stairs, Hardwood Floors, Eat-in Kitchen, Windows Vinyl, Wood Work Painted
  • Living Area: 1216
  • Main Level Bedrooms: 3
  • Other Equipment: Smoke Alarm, Sump Pump
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1216
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Exterior Features: Barn Mini, Storage Shed
  • Fencing: Fence Full Rear
  • Foundation Details: Crawl Space
  • List Price: 257900
  • Patio And Porch Features: Breeze Way, Covered Porch

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached
  • Garage Parking Other: Finished Garage,Service Door
  • Garage Sq Ft: 288

Utilities

  • Utilities: Cable Available, Electricity Connected, Gas
  • Cooling: Central Electric
  • Electric: 200+ Amp Service
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Speedway Junior High School

Lot Info

  • Lot Features: Sidewalks, Street Lights, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 9017
  • Parcel Number: 490630101096000914
  • Acres: <1/4 Acre
  • Price Acre: 1228095

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2628
  • Tax Lot: 353
  • Semi Annual Property Tax Amt: 1314
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • High School: Speedway Senior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Aug 13, 2024
Sold by
Worden Trenton A
Bought by
Elmore Douglas D and Elmore Douglas
Seller's Agent
Jamie Hall
Carpenter, REALTORS®
Buyer's Agent
Randy Williams
Instate Realty, LLC
List Price
$257,900
Sold Price
$257,900
Views
42
Current Estimated Value
$265,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,496
Avg. Annual Appreciation
-1.21%
Original Mortgage
$206,320
Outstanding Balance
$204,386
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$50,003

Purchase Details

Listed on
Mar 31, 2017
Closed on
Jun 7, 2017
Bought by
Trenton A
Seller's Agent
Shannon Adair
Canon Real Estate Services LLC
Buyer's Agent
Eric Gebauer
RE/MAX Advanced Realty
List Price
$129,900
Sold Price
$129,000
Premium/Discount to List
-$900
-0.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.16%
Original Mortgage
$122,550
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2016
Sold by
Us Bank National Association
Bought by
Equity Trust Company

Purchase Details

Closed on
Aug 22, 2007
Sold by
Megolne Mona A and Stephens Susan E
Bought by
Ahmed Mohamed S and Oudinga Amal E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,127
Interest Rate
6.79%
Mortgage Type
Stand Alone Second
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
Elmore Douglas D $257,900 First American Title Insurance
Trenton A $129,000 --
Worden Trenton A $129,000 First American Title
Equity Trust Company $58,291 None Available
Ahmed Mohamed S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elmore Douglas D $206,320
Previous Owner Worden Trenton A $122,550
Previous Owner Ahmed Mohamed S $110,127
Previous Owner Ahmed Mohammad S $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Sold $257,900 0.0% $212 / Sq Ft
07/09/2024 07/09/24 Pending -- -- --
07/01/2024 07/01/24 For Sale $257,900 +99.9% $212 / Sq Ft
06/07/2017 06/07/17 Sold $129,000 -0.7% $106 / Sq Ft
04/26/2017 04/26/17 For Sale $129,900 +0.7% $107 / Sq Ft
04/03/2017 04/03/17 Off Market $129,000 -- --
03/30/2017 03/30/17 For Sale $129,900 -- $107 / 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 $2,627 $219,000 $5,900 $213,100
2023 $2,627 $211,500 $5,900 $205,600
2022 $2,541 $200,500 $5,900 $194,600
2021 $1,991 $159,500 $5,900 $153,600
2020 $1,676 $137,300 $5,900 $131,400
2019 $1,678 $137,300 $5,900 $131,400
2018 $1,666 $135,600 $5,900 $129,700
2017 $732 $108,400 $5,900 $102,500
2016 $2,628 $108,400 $5,900 $102,500
2014 $2,462 $102,500 $5,900 $96,600
2013 $2,417 $100,300 $5,900 $94,400
Source: Public Records

Agents Affiliated with this Home

  • Jamie Hall

    Seller's Agent in 2024

    Jamie Hall

    Carpenter, REALTORS®

    (317) 691-2002

    3 in this area

    216 Total Sales

    Jamie Hall
    Section Image

  • L

    Seller Co-Listing Agent in 2024

    Lea Grove

    Carpenter, REALTORS®

    (317) 490-4844

    2 in this area

    153 Total Sales

    Lea Grove
    Section Image

  • R

    Buyer's Agent in 2024

    Randy Williams

    Instate Realty, LLC

    Section Image
  • Shannon Adair

    Seller's Agent in 2017

    Shannon Adair

    Canon Real Estate Services LLC

    (317) 339-9115

    1 in this area

    257 Total Sales

    Shannon Adair
    Section Image

  • E

    Buyer's Agent in 2017

    Eric Gebauer

    RE/MAX

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21974145

MIBOR Broker Listing Cooperative®

APN: 49-06-30-101-096.000-914

Indiana Marion County Indianapolis 46224

2340 Gerrard Ave, Indianapolis, IN

This home is located at 2340 Gerrard Ave, Indianapolis, IN 46224 since 01 July 2024 and is currently estimated at $265,396, approximately $218 per square foot. This property was built in 1954. 2340 Gerrard Ave is a home located in Marion County with nearby schools including Speedway Junior High School, Speedway Senior High School, and St. Christopher 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