NOT LISTED FOR SALE

2521 E 40th St Indianapolis, IN 46205

Avondale Meadows Neighborhood

Estimated Value: $70,000 - $138,000

2 Beds
1 Bath
824 Sq Ft
$125/Sq Ft Est. Value

Last Sold May 20, 2024

Last sale price $65,000 $79 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $791/month

237 Days on Market

Highlights

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

About This Home

As of May 2024

Charming Bungalow in the heart of the city. This 2 Bedroom home offers a large living room, dining room, and a generous sized kitchen. Take note of the large basement that makes for great storage. Take notice of the large back yard. This home is conveniently located near the fairgrounds, downtown, parks, dining, retail, and entertainment.

Last Agent to Sell the Property

Christopher Wynkoop

Wynkoop Brokerage Firm, LLC Brokerage Email: chris@indianareo.com License #RB14052103 Listed on: 08/15/2023

Last Buyer's Agent

Christopher Wynkoop

Wynkoop Brokerage Firm, LLC Brokerage Email: chris@indianareo.com License #RB14052103 Listed on: 08/15/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,596

Year Built

  • Built in 1924

Lot Details

  • 5,053 Sq Ft Lot

Home Design

  • Bungalow
  • Block Foundation
  • Wood Siding

Interior Spaces

  • 824 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Attic Access Panel
  • Electric Oven
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Waldemere Subdivision

Listing and Financial Details

  • Tax Lot 8014024
  • Assessor Parcel Number 490717112124000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,596

Year Built

Built in 1924

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: 1924
  • Building Area Total: 1236
  • Garage Y N: No
  • Lot Size Acres: 0.12
  • On Market Date: 2023-08-15
  • Subdivision Name: Waldemere
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: chris@indianareo.com
  • Attribution Contact: chris@indianareo.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Appliances: Electric Water Heater, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access
  • Living Area: 824
  • Main Level Bedrooms: 2
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 824
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Wood Siding
  • Foundation Details: Block
  • List Price: 69900

Garage/Parking

  • Garage Sq Ft: 0

Utilities

  • Cooling: None
  • Heating: Forced Air
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 5053
  • Parcel Number: 490717112124000801
  • Acres: <1/4 Acre
  • Price Acre: 541667

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1596
  • Tax Lot: 8014024
  • Semi Annual Property Tax Amt: 798

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2023
Closed on
May 29, 2024
Sold by
Vb One Llc
Bought by
Hpd Holdings Llc
Seller's Agent
Christopher Wynkoop
Wynkoop Brokerage Firm, LLC
Buyer's Agent
Christopher Wynkoop
Wynkoop Brokerage Firm, LLC
List Price
$79,900
Sold Price
$65,000
Premium/Discount to List
-$14,900
-18.65%
Views
500
Current Estimated Value
$109,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,244
Avg. Annual Appreciation
41.07%
Original Mortgage
$110,000
Outstanding Balance
$108,247
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
-$8,661

Purchase Details

Closed on
Jan 19, 2022
Sold by
Felling Shane L
Bought by
Vb One Llc

Purchase Details

Closed on
Jan 12, 2022
Sold by
Felling Shane L
Bought by
Vb One Llc

Purchase Details

Closed on
Dec 7, 2021
Sold by
Felling Shane L
Bought by
Vb One Llc

Purchase Details

Closed on
Mar 25, 2008
Sold by
The Cit Group Consumer Finance Inc
Bought by
Felling Shane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
5.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 31, 2007
Sold by
Alexander Rdoney E
Bought by
The Cit Group Consumer Finance Inc
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
Hpd Holdings Llc $65,000 Total Title
Vb One Llc $4,956,879 Total Title
Vb One Llc $4,956,879 Total Title
Vb One Llc $99,137 Total Title
Felling Shane -- None Available
The Cit Group Consumer Finance Inc $61,956 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hpd Holdings Llc $110,000
Previous Owner Felling Shane L $235,000
Previous Owner Felling Shane L $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Sold $65,000 -7.0% $79 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
04/05/2024 04/05/24 Price Changed $69,900 -6.7% $85 / Sq Ft
03/21/2024 03/21/24 Price Changed $74,900 -6.3% $91 / Sq Ft
03/04/2024 03/04/24 For Sale $79,900 0.0% $97 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
02/02/2024 02/02/24 Price Changed $79,900 +6.7% $97 / Sq Ft
02/02/2024 02/02/24 Price Changed $74,900 -6.3% $91 / Sq Ft
01/30/2024 01/30/24 For Sale $79,900 0.0% $97 / Sq Ft
01/26/2024 01/26/24 Pending -- -- --
01/17/2024 01/17/24 For Sale $79,900 0.0% $97 / Sq Ft
12/07/2023 12/07/23 Pending -- -- --
11/27/2023 11/27/23 Price Changed $79,900 -5.9% $97 / Sq Ft
11/09/2023 11/09/23 Price Changed $84,900 -5.6% $103 / Sq Ft
10/27/2023 10/27/23 Price Changed $89,900 -5.3% $109 / Sq Ft
10/16/2023 10/16/23 Price Changed $94,900 -5.0% $115 / Sq Ft
09/19/2023 09/19/23 Price Changed $99,900 -4.8% $121 / Sq Ft
08/15/2023 08/15/23 For Sale $104,900 -- $127 / 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 $2,357 $95,200 $13,600 $81,600
2023 $2,357 $95,500 $13,600 $81,900
2022 $2,173 $89,200 $13,600 $75,600
2021 $1,681 $69,000 $5,400 $63,600
2020 $1,409 $57,100 $2,100 $55,000
2019 $1,334 $52,900 $2,100 $50,800
2018 $1,077 $41,700 $2,100 $39,600
2017 $902 $38,700 $2,100 $36,600
2016 $828 $36,100 $2,100 $34,000
2014 $778 $35,800 $2,100 $33,700
2013 $1,147 $42,200 $2,100 $40,100
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Christopher Wynkoop

    Wynkoop Brokerage Firm, LLC

    (317) 507-4121

    3 in this area

    196 Total Sales

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21938118

MIBOR Broker Listing Cooperative®

APN: 49-07-17-112-124.000-801

Indiana Marion County Indianapolis 46205 Avondale Meadows

2521 E 40th St, Indianapolis, IN

This home is located at 2521 E 40th St, Indianapolis, IN 46205 since 15 August 2023 and is currently estimated at $102,979, approximately $124 per square foot. This property was built in 1924. 2521 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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