NOT LISTED FOR SALE

2407 E 40th St Indianapolis, IN 46205

Avondale Meadows Neighborhood

Estimated Value: $144,000 - $178,236

3 Beds
2 Baths
1,492 Sq Ft
$106/Sq Ft Est. Value

Last Sold April 10, 2023

Last sale price $138,000 $92 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $930/month

5 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Forced Air Heating System
  • Eat-In Kitchen
  • 1-Story Property
  • Combination Kitchen and Dining Room

About This Home

As of April 2023

Beautiful completely renovated 3 bedroom 2 full bath. Home has a completely open floor plan with new vinyl planking flooring. New carpet and padding in the bedrooms and nice stainless steel stove, refrigerator and dishwasher. New AC and furnace and all new windows throughout. Master bedroom has its own private full bath. Home is a must see for the price.

Last Agent to Sell the Property

Edwin Watson

Triple E Realty, LLC License #RB17000719 Listed on: 03/02/2023

Last Buyer's Agent

Jared Cowan

eXp Realty, LLC

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $506

Year Built

  • Built in 1925

Lot Details

  • 5,040 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House
  • Attic Access Panel

Kitchen

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Waldemere Subdivision

Listing and Financial Details

  • Tax Lot 148
  • Assessor Parcel Number 490717112131000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$506

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1925
  • Building Area Total: 1834
  • Garage Y N: No
  • Lot Size Acres: 0.12
  • Subdivision Name: Waldemere
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: edwin@3epropertymgt.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Appliances: Electric Oven, Refrigerator, MicroHood, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 570
  • Interior Amenities: Attic Access, Eat-in Kitchen
  • Living Area: 1492
  • Main Level Bedrooms: 3
  • Other Equipment: Not Applicable
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 922
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Foundation Details: Block
  • List Price: 140000

Garage/Parking

  • Parking Features: Street Only, None

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 5040
  • Parcel Number: 490717112131000801
  • Acres: <1/4 Acre
  • Price Acre: 1150000

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 506
  • Tax Lot: 148
  • Semi Annual Property Tax Amt: 253
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
Apr 5, 2023
Sold by
Watson Family Revocable Trust
Bought by
Morris Nikko Kiyoshi and Stegall Heaven Kathryn
Seller's Agent
Edwin Watson
Triple E Realty, LLC
Buyer's Agent
Jared Cowan
eXp Realty, LLC
List Price
$140,000
Sold Price
$138,000
Premium/Discount to List
-$2,000
-1.43%
Views
84
Current Estimated Value
$158,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,309
Avg. Annual Appreciation
5.94%
Original Mortgage
$8,280
Outstanding Balance
$6,314
Interest Rate
5.64%
Estimated Equity
$151,995

Purchase Details

Closed on
Dec 13, 2022
Sold by
Rohlman Michael A
Bought by
Watson Family Revocable Trust

Purchase Details

Closed on
Nov 3, 2021
Sold by
Graham Joyce
Bought by
Rohlman Michael A

Purchase Details

Closed on
Jun 9, 2009
Sold by
Long Kristy
Bought by
Graham Joyce

Purchase Details

Closed on
May 1, 2006
Sold by
Strader Rachel
Bought by
Long Kristy

Purchase Details

Closed on
Sep 19, 2005
Sold by
Superiorland Co
Bought by
Strader Rachel

Purchase Details

Closed on
Sep 12, 2005
Sold by
Superiorland Co
Bought by
Strader Rachel

Purchase Details

Closed on
Jun 15, 2005
Sold by
Womacks Martha A
Bought by
Superiorland Co
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Morris Nikko Kiyoshi $138,000 None Listed On Document
Watson Family Revocable Trust -- --
Rohlman Michael A $56,000 None Available
Graham Joyce -- None Available
Long Kristy -- None Available
Strader Rachel -- None Available
Strader Rachel -- None Available
Superiorland Co -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Nikko Kiyoshi $8,280
Open Morris Nikko Kiyoshi $133,860
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2023 04/10/23 Sold $138,000 -1.4% $92 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $140,000 +164.2% $94 / Sq Ft
04/20/2022 04/20/22 Sold $53,000 0.0% $19 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
09/25/2021 09/25/21 For Sale -- -- --
09/18/2021 09/18/21 Off Market $53,000 -- --
09/18/2021 09/18/21 For Sale $63,000 -- $23 / 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 $816 $129,800 $13,600 $116,200
2023 $816 $94,400 $13,600 $80,800
2022 $2,755 $88,200 $13,600 $74,600
2021 $574 $68,000 $5,400 $62,600
2020 $482 $56,200 $2,100 $54,100
2019 $457 $52,100 $2,100 $50,000
2018 $444 $49,100 $2,100 $47,000
2017 $373 $45,700 $2,100 $43,600
2016 $338 $43,200 $2,100 $41,100
2014 $309 $43,000 $2,100 $40,900
2013 $298 $41,300 $2,100 $39,200
Source: Public Records

Agents Affiliated with this Home

  • Edwin Watson

    Seller's Agent in 2023

    Edwin Watson

    Triple E Realty, LLC

    (317) 281-9281

    5 in this area

    172 Total Sales

    Edwin Watson
    Section Image

  • J

    Buyer's Agent in 2023

    Jared Cowan

    eXp Realty, LLC

    Section Image

  • J

    Seller's Agent in 2022

    Joyce Graham

    Joy Realty, LLC

    Section Image

  • J

    Buyer's Agent in 2022

    Jack Norton

    Norton Real Estate

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21908535

MIBOR Broker Listing Cooperative®

APN: 49-07-17-112-131.000-801

Indiana Marion County Indianapolis 46205 Avondale Meadows

2407 E 40th St, Indianapolis, IN

This home is located at 2407 E 40th St, Indianapolis, IN 46205 since 02 March 2023 and is currently estimated at $158,309, approximately $106 per square foot. This property was built in 1925. 2407 E 40th St is a home located in Marion County with nearby schools including Arlington Community Middle School, Arsenal Technical High School, and George Washington Community High School (9-12).

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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