NOT LISTED FOR SALE

2425 Mars Hill St Indianapolis, IN 46241

Mars Hill Neighborhood

Estimated Value: $85,000 - $114,684

1 Bed
1 Bath
1,152 Sq Ft
$87/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $64,000 $56 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $707/month

19 Days on Market

Highlights

  • 2 Car Detached Garage
  • Eat-In Kitchen
  • 1-Story Property
  • Ben Davis University High School Rated A
  • Shed
  • 3-minute walk to Stout Field Park

About This Home

As of May 2021

Cute 1 bedroom home with a bonus room in Mars Hill. This home has a big front yard with a long drive way leading to a huge 2 car Garage. The home also features a large living room and a bonus room that could be used as an office. Home was recently updated with new flooring and paint throughout the home. Bathroom was completely updated 3 years ago. Kitchen has plenty of cabinet space and appliances stay. This home has a large full basement with washer and dryer included. Basement could be finished and has room to add an extra bedroom. Backyard also has a storage barn for extra storage space in addition to your 2 car garage. New roof was installed 3 years ago along with the A/C unit.

Last Agent to Sell the Property

Emanuel Ruiz

Snyder Strategy Realty, Inc License #RB14047167 Listed on: 04/13/2021

Last Buyer's Agent

Michele Marsh

Integrity Home Realty License #RB14031794

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $526

Year Built

  • Built in 1950

Lot Details

  • 5,184 Sq Ft Lot
  • Partially Fenced Property

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Oven

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Laundry in Basement

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • Mars Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491120118111000900

Home Details

Home Type

Single Family

Est. Annual Taxes

$526

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1950
  • Garage Y N: Yes
  • Lot Size Acres: 0.119
  • Subdivision Name: MARS HILL
  • Inspection Warranties: Not Applicable
  • Property Description: Cute 1 bedroom home with a bonus room in Mars Hill. This home has a big front yard with a long drive way leading to a huge 2 car Garage. The home also features a large living room and a bonus room that could be used as an office. Home was recently updated with new flooring and paint throughout the home. Bathroom was completely updated 3 years ago. Kitchen has plenty of cabinet space and appliances stay. This home has a large full basement with washer and dryer included. Basement could be finished and has room to add an extra bedroom. Backyard also has a storage barn for extra storage space in addition to your 2 car garage. New roof was installed 3 years ago along with the A/C unit.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Appliances: Dryer, Gas Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Interior Amenities: Attic Access, Windows Vinyl
  • Living Area: 1152
  • Other Equipment: Smoke Detector, Sump Pump
  • Room Count: 4
  • Areas Interior: Laundry in Basement
  • Eating Area: None
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 576
  • Main Level Sq Ft: 576
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1152
  • Kitchen Features: Kitchen Eat In
  • Below Grade Sq Ft: 576
  • Pct Optional Level Finished: 25-50%

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Exterior Features: Barn Storage, Driveway Gravel, Fence Partial
  • Foundation Details: Block, Full
  • List Price: 70000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch,Porch Open

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Electric
  • Garage Parking Description: Detached
  • Garage Parking Other: Garage Door Opener
  • Garage Sq Ft: 576

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491120118111000900
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Tree Mature
  • Lot Number: 1630
  • Lot Size: 5,184

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 526
  • Semi Annual Property Tax Amt: 263
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Wayne Township
  • Schools: Lynhurst Middle,Stout Field Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2021
Closed on
May 28, 2021
Sold by
Perez Jimmy
Bought by
Meacham Allison
Seller's Agent
Emanuel Ruiz
Snyder Strategy Realty, Inc
Buyer's Agent
Michele Marsh
Integrity Home Realty
List Price
$70,000
Sold Price
$64,000
Premium/Discount to List
-$6,000
-8.57%
Current Estimated Value
$99,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,921
Avg. Annual Appreciation
9.13%
Original Mortgage
$51,200
Outstanding Balance
$46,857
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$46,075

Purchase Details

Closed on
Nov 28, 2008
Sold by
Perez David and Perez Maria Guadalupe
Bought by
Perez Jimmy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,348
Interest Rate
6.49%
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
Meacham Allison -- None Available
Perez Jimmy -- Title Solutions Plus Corpora
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meacham Allison $51,200
Previous Owner Perez Jimmy $49,348
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $64,000 -8.6% $56 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $70,000 -- $61 / 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 $2,004 $87,800 $5,000 $82,800
2023 $2,004 $80,700 $5,000 $75,700
2022 $1,950 $78,300 $5,000 $73,300
2021 $705 $65,100 $5,000 $60,100
2020 $624 $58,000 $5,000 $53,000
2019 $623 $58,100 $5,000 $53,100
2018 $566 $57,300 $5,000 $52,300
2017 $524 $53,100 $5,000 $48,100
2016 $542 $54,600 $5,000 $49,600
2014 $1,066 $53,300 $5,000 $48,300
2013 $493 $51,900 $5,000 $46,900
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2021

    Emanuel Ruiz

    Snyder Strategy Realty, Inc

    (317) 828-2218

    3 in this area

    66 Total Sales

    Emanuel Ruiz
    Section Image

  • M

    Buyer's Agent in 2021

    Michele Marsh

    Integrity Home Realty

    (317) 294-5045

    2 in this area

    70 Total Sales

    Michele Marsh
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21776619

MIBOR Broker Listing Cooperative®

APN: 49-11-20-118-111.000-900

Indiana Marion County Indianapolis 46241 Mars Hill

2425 Mars Hill St, Indianapolis, IN

This home is located at 2425 Mars Hill St, Indianapolis, IN 46241 since 13 April 2021 and is currently estimated at $99,921, approximately $86 per square foot. This property was built in 1950. 2425 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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