NOT LISTED FOR SALE

2536 Madison Ave Unit 2538 Indianapolis, IN 46225

Garfield Park Neighborhood

Estimated Value: $196,000 - $205,794

2 Beds
-- Bath
-- Sq Ft
8,581 Sq Ft Lot

Last Sold April 07, 2020

Last sale price $130,400

Est. 60% increase in value since last sale

Current estimated payment $1,433/month

1 Day on Market

About This Home

As of April 2020

Sharp 2br double near Garfield Park. Private drive and parking. Both sides have new waterproof vinyl flooring throughout main floor. South unit has a new bathroom and kitchen. Full length basements on each side with washer / dryer hookup and plenty of room. Close to downtown, bus line, shopping, medical facilities, schools. Clean and move in ready.

Last Agent to Sell the Property

Gregory Bieberich

RE/MAX At The Crossing License #RB15001551 Listed on: 03/02/2020

Last Buyer's Agent

Wade Cunningham

Maywright Property Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,568

Year Built

  • Built in 1940

Lot Details

  • 8,581 Sq Ft Lot
  • Partially Fenced Property
  • Privacy Fence

Parking

  • Gravel Driveway

Home Design

  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Basement

Community Details

  • Hoefgens Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for no utilities
  • Assessor Parcel Number 491124131009000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,568

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1940
  • Lot Size Acres: 0.197
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: HOEFGENS
  • Inspection Warranties: Not Applicable
  • Property Description: Sharp 2br double near Garfield Park. Private drive and parking. Both sides have new waterproof vinyl flooring throughout main floor. South unit has a new bathroom and kitchen. Full length basements on each side with washer / dryer hookup and plenty of room. Close to downtown, bus line, shopping, medical facilities, schools. Clean and move in ready.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: One, Basement
  • Owner Pays: No Utilities
  • Possible Use: Residential
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel, Fence Partial, Fence Privacy
  • Foundation Details: Block
  • List Price: 139900
  • Road Access: CityStreet
  • Interstate: Ramp1-3mi

Garage/Parking

  • Unit Parking: Unpaved
  • Auto Parking: 6
  • Auto Surface: Gravel

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Current Use: Residential
  • Parcel Number: 491124131009000101
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Street Lights,Tree Mature
  • Lot Number: 18
  • Lot Size: 8581

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1568
  • Semi Annual Property Tax Amt: 784
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2024
Sold by
2536 Madison Ave Llc
Bought by
Carpenter Joshua R and Hardy Adam T
Current Estimated Value
$208,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Outstanding Balance
$142,092
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$54,585

Purchase Details

Listed on
Mar 2, 2020
Closed on
Jun 3, 2020
Sold by
Vinson Rachel Elizabeth and Albright Christopher Francis
Bought by
2536 Madison Llc
Seller's Agent
Gregory Bieberich
RE/MAX At The Crossing
Buyer's Agent
Wade Cunningham
Maywright Property Co.
List Price
$139,900
Sold Price
$130,400
Premium/Discount to List
-$9,500
-6.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Original Mortgage
$97,800
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2020
Closed on
May 20, 2020
Sold by
Bieberich Gregory and Bieberich Carolyn
Bought by
Vinson Rachael Elizabeth and Albright Christopher Francis
Seller's Agent
Gregory Bieberich
RE/MAX At The Crossing
Buyer's Agent
Wade Cunningham
Maywright Property Co.
List Price
$139,900
Sold Price
$130,400
Premium/Discount to List
-$9,500
-6.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,800
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2016
Sold by
Nevitt Joseph B and Nevitt Brenda K
Bought by
Bieberich Gregory and Bieberich Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
3.54%
Mortgage Type
New Conventional
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
Carpenter Joshua R $204,000 First American Title
2536 Madison Llc -- None Available
2536 Madison Llc -- None Available
Vinson Rachael Elizabeth -- None Available
Bieberich Gregory -- Mtc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carpenter Joshua R $142,800
Previous Owner Vinson Rachael Elizabeth $97,800
Previous Owner Bieberich Gregory $73,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2020 04/07/20 Sold $130,400 -6.8% --
03/04/2020 03/04/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $139,900 -- --
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 $3,492 $134,300 $19,300 $115,000
2023 $3,492 $139,700 $19,300 $120,400
2022 $3,627 $146,200 $19,300 $126,900
2021 $3,042 $124,400 $19,300 $105,100
2020 $2,598 $104,900 $19,300 $85,600
2019 $1,557 $59,000 $8,100 $50,900
2018 $1,567 $59,000 $8,100 $50,900
2017 $1,321 $54,800 $8,100 $46,700
2016 $1,221 $51,400 $8,100 $43,300
2014 $978 $45,100 $8,100 $37,000
2013 $1,021 $45,100 $8,100 $37,000
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Gregory Bieberich

    RE/MAX

  • W

    Buyer's Agent in 2020

    Wade Cunningham

    Maywright Property Co.

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21697942

MIBOR Broker Listing Cooperative®

APN: 49-11-24-131-009.000-101

Indiana Marion County Indianapolis 46225 Garfield Park

2536 Madison Ave Unit 2538, Indianapolis, IN

This home is located at 2536 Madison Ave Unit 2538, Indianapolis, IN 46225 since 02 March 2020 and is currently estimated at $200,931. This property was built in 1940. 2536 Madison Ave Unit 2538 is a home located in Marion County with nearby schools including Daniel Webster School 46, Arsenal Technical High School, and George Washington Community High School (9-12).

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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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