NOT LISTED FOR SALE

2402 Mars Hill St Indianapolis, IN 46241

Mars Hill Neighborhood

Estimated Value: $57,000 - $112,000

2 Beds
1 Bath
738 Sq Ft
$119/Sq Ft Est. Value

Last Sold May 22, 2023

Last sale price $48,000 $65 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $500/month

14 Days on Market

Highlights

  • View of Trees or Woods
  • Mature Trees
  • Corner Lot
  • Ben Davis University High School Rated A
  • Ranch Style House
  • 3-minute walk to Stout Field Park

About This Home

As of May 2023

Fantastic price on this ranch in Wayne Township. Corner lot facing a Nature Park. Off street parking on parcel along with fenced-in side yard and storage shed. Home in need of further repairs and projects but presents great upside. Unfinished basement has additional storage area. Perfect opportunity for investor to add value or homeowner looking to build equity. This is a must see!

Last Agent to Sell the Property

Chris Price

Keller Williams Indy Metro S License #RB14030267 Listed on: 04/10/2023

Keller Williams Indy Metro S

Last Buyer's Agent

Chris Price

Keller Williams Indy Metro S License #RB14030267 Listed on: 04/10/2023

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $70

Year Built

  • Built in 1930

Lot Details

  • 5,576 Sq Ft Lot
  • Corner Lot
  • Mature Trees

Parking

  • Assigned Parking

Property Views

  • Woods
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 738 Sq Ft Home
  • Woodwork
  • Wood Frame Window
  • Combination Kitchen and Dining Room
  • Storage
  • Unfinished Basement
  • Basement Cellar
  • Attic Access Panel
  • Eat-In Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Patio
  • Shed
  • Storage Shed
  • Porch

Schools

  • Stout Field Elementary School
  • Ben Davis High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Programmable Thermostat

Community Details

  • No Home Owners Association
  • Mars Hill Subdivision

Listing and Financial Details

  • Tax Lot 1359
  • Assessor Parcel Number 491120118078000900

Home Details

Home Type

Single Family

Est. Annual Taxes

$70

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1930
  • Building Area Total: 1476
  • Garage Y N: No
  • Lot Size Acres: 0.13
  • Subdivision Name: Mars Hill
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: www.TheIndyPropertySource.com
  • Accessibility Features YN: No
  • Website: www.IndyForeclosureSource.com
  • MBR_AttributionContact: chrisprice@indypropertysource.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Cellar, Unfinished
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access, Hi-Speed Internet Availbl, Eat-in Kitchen, Programmable Thermostat, Supplemental Storage, Windows Wood, Wood Work Painted
  • Living Area: 738
  • Main Level Bedrooms: 2
  • Other Equipment: Not Applicable
  • Areas Interior: Laundry in Unit,Utility Room
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 738
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Direction Faces: North
  • Disclosures: BankOwned
  • Exterior Features: Storage Shed
  • Foundation Details: Block
  • List Price: 32900
  • Patio And Porch Features: Open Patio, Porch Open
  • View: Neighborhood, Park/Greenbelt, Trees/Woods
  • View Y N: Yes
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, Gravel
  • Garage Parking Other: Assigned Parking Outside,Guest Street Parking,Other

Utilities

  • Utilities: Cable Available, Electricity Connected, Gas Nearby, Sewer Connected, Water Connected
  • Cooling: None
  • Heating: Forced Air, Gas
  • Laundry Features: Laundry Room, Main Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Corner Lot, Sidewalks, Street Lights, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 5576
  • Parcel Number: 491120118078000900
  • Acres: <1/4 Acre
  • Price Acre: 369230.769230769

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 70
  • Tax Lot: 1359
  • Semi Annual Property Tax Amt: 35

MLS Schools

  • Elementary School: Stout Field Elementary School
  • High School: Ben Davis High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
Jun 5, 2023
Sold by
Pnc Bank National Association
Bought by
Capitana Homes Llc
Seller's Agent
Chris Price
Keller Williams Indy Metro S
Buyer's Agent
Chris Price
Keller Williams Indy Metro W
List Price
$32,900
Sold Price
$48,000
Premium/Discount to List
$15,100
45.9%
Views
163
Current Estimated Value
$87,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,795
Avg. Annual Appreciation
30.02%

Purchase Details

Listed on
Apr 10, 2023
Closed on
May 9, 2023
Sold by
Pnc Bank National Association
Bought by
Capitana Homes Llc
Seller's Agent
Chris Price
Keller Williams Indy Metro S
Buyer's Agent
Chris Price
Keller Williams Indy Metro W
List Price
$32,900
Sold Price
$48,000
Premium/Discount to List
$15,100
45.9%
Views
163

Purchase Details

Closed on
Jan 24, 2023
Sold by
Sheriff Of Marion County
Bought by
Pnc Bank National Association and Johnson

Purchase Details

Closed on
Jan 23, 2023
Sold by
Sheriff Of Marion County
Bought by
Pnc Bank National Association

Purchase Details

Closed on
Sep 8, 2006
Sold by
Fannie Mae
Bought by
Pickett James B and Johnson Patsy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,900
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2006
Sold by
Loy Kevin L
Bought by
Trustcorp Mortgage O

Purchase Details

Closed on
Jan 18, 2006
Sold by
Trustcorp Mortgage Co
Bought by
Federal National Mortgage Association
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
Capitana Homes Llc $48,000 Servicelink
Capitana Homes Llc $48,000 Servicelink
Pnc Bank National Association $46,581 None Listed On Document
Pnc Bank National Association $46,581 --
Pickett James B -- None Available
Trustcorp Mortgage O $44,613 None Available
Federal National Mortgage Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pickett James B $36,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2023 05/22/23 Sold $48,000 +45.9% $65 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
04/24/2023 04/24/23 For Sale $32,900 -31.5% $45 / Sq Ft
04/18/2023 04/18/23 Off Market $48,000 -- --
04/10/2023 04/10/23 For Sale $32,900 -- $45 / 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 $294 $40,100 $5,100 $35,000
2023 $294 $20,300 $5,100 $15,200
2022 $187 $19,800 $5,100 $14,700
2021 $177 $18,000 $5,100 $12,900
2020 $53 $16,000 $5,100 $10,900
2019 $53 $16,000 $5,100 $10,900
2018 $141 $15,800 $5,100 $10,700
2017 $134 $15,400 $5,100 $10,300
2016 $45 $15,700 $5,100 $10,600
2014 $39 $15,500 $5,100 $10,400
2013 $42 $15,200 $5,100 $10,100
Source: Public Records

Agents Affiliated with this Home

  • Chris Price

    Seller's Agent in 2023

    Chris Price

    Keller Williams Indy Metro S

    (317) 886-8477

    6 in this area

    488 Total Sales

    Chris Price
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21914336

MIBOR Broker Listing Cooperative®

APN: 49-11-20-118-078.000-900

Indiana Marion County Indianapolis 46241 Mars Hill

2402 Mars Hill St, Indianapolis, IN

This home is located at 2402 Mars Hill St, Indianapolis, IN 46241 since 10 April 2023 and is currently estimated at $87,795, approximately $118 per square foot. This property was built in 1930. 2402 Mars Hill St is a home located in Marion County with nearby schools including Stout Field Elementary School, Lynhurst 7th & 8th Grade Center, and Ben Davis University 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.

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