NOT LISTED FOR SALE

2436 Gerrard Ave Indianapolis, IN 46224

Estimated Value: $223,000 - $250,000

3 Beds
1 Bath
900 Sq Ft
$262/Sq Ft Est. Value

Last Sold April 20, 2018

Last sale price $127,500 $142 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,468/month

Highlights

  • Ranch Style House
  • Wood Flooring
  • 1 Car Detached Garage
  • Speedway Junior High School Rated A
  • No HOA
  • Eat-In Kitchen

About This Home

As of April 2018

BEAUTIFUL Speedway home filled with original touches! 3 bedrooms 1 bathroom ready for you to move in! Original hardwood floors throughout main level, beautiful original kitchen cabinetry, tons of natural light, and partially finished basement! Close to the Indianapolis Motor Speedway, shopping, and all that Speedway has to offer!

Last Agent to Sell the Property

Jayne Gauci

@properties Listed on: 03/31/2018

@properties

Last Buyer's Agent

Jayne Gauci

@properties Listed on: 03/31/2018

@properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,048

Year Built

  • Built in 1954

Lot Details

  • 9,017 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • Combination Dining and Living Room
  • Basement Fills Entire Space Under The House
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Electric Oven

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • No Home Owners Association
  • Speedway Manor Subdivision

Listing and Financial Details

  • Tax Lot 342
  • Assessor Parcel Number 490630101058000914

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,048

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: 2016
  • Year Built: 1954
  • Building Area Total: 1800
  • Garage Y N: Yes
  • Lot Size Acres: 0.207
  • Subdivision Name: Speedway Manor
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: jayne@seejaynesell.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Appliances: Dryer, Electric Oven, Washer, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 562
  • Interior Amenities: Attic Access, Hardwood Floors, Eat-in Kitchen
  • Living Area: 900
  • Main Level Bedrooms: 3
  • Other Equipment: Not Applicable
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 900
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 1
  • SqFt Total: 1800

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 120000

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

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: 9017
  • Parcel Number: 490630101058000914
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1048
  • Tax Lot: 342
  • Semi Annual Property Tax Amt: 524
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2021
Sold by
Abbott George and Abbott Jaroon
Bought by
Abbott George and Abbott Jaroon
Current Estimated Value
$235,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Outstanding Balance
$119,399
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$111,710

Purchase Details

Listed on
Mar 31, 2018
Closed on
Apr 20, 2018
Sold by
Gordon Jeffrrey E
Bought by
George Abbott
Seller's Agent
Jayne Gauci
@properties
Buyer's Agent
Jayne Gauci
@properties
List Price
$120,000
Sold Price
$127,500
Premium/Discount to List
$7,500
6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
Original Mortgage
$125,190
Interest Rate
4.87%
Mortgage Type
FHA
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
Abbott George -- None Available
George Abbott $127,500 --
Abbott George $127,500 Meridian Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abbott George $132,000
Closed Abbott George $130,901
Closed Abbott George $125,190
Previous Owner Gordon Jeffrey E $86,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2018 04/20/18 Sold $127,500 +6.3% $142 / Sq Ft
03/31/2018 03/31/18 Pending -- -- --
03/31/2018 03/31/18 For Sale $120,000 -- $133 / 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 $2,190 $184,500 $5,900 $178,600
2023 $2,190 $178,300 $5,900 $172,400
2022 $2,101 $169,000 $5,900 $163,100
2021 $1,640 $134,700 $5,900 $128,800
2020 $1,260 $113,200 $5,900 $107,300
2019 $1,176 $113,200 $5,900 $107,300
2018 $1,178 $111,800 $5,900 $105,900
2017 $2,648 $106,200 $5,900 $100,300
2016 $1,048 $106,200 $5,900 $100,300
2014 $2,483 $100,600 $5,900 $94,700
2013 $2,439 $98,500 $5,900 $92,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21551097

MIBOR Broker Listing Cooperative®

APN: 49-06-30-101-058.000-914