NOT LISTED FOR SALE

2548 E Loretta Dr Indianapolis, IN 46227

Estimated Value: $221,320 - $244,000

3 Beds
1 Bath
2,000 Sq Ft
$117/Sq Ft Est. Value

Last Sold August 12, 2020

Last sale price $159,900 $80 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,425/month

Highlights

  • Mature Trees
  • Wood Flooring
  • Woodwork
  • Ranch Style House
  • 2 Car Detached Garage
  • Programmable Thermostat

About This Home

As of August 2020

All Brick 3 Bedroom & 1 Bath Ranch in Beautiful Perry Township Location! Home sits on a Large ½ Acre Private Lot w/ Fenced Backyard. Hardwood Floors Throughout, Full Unfinished Basement w/ Plenty of Opportunities. Large 2 Car Detached Garage. Very Well Maintained Home w/ Many Recent Updates...New Gas Furnace 2017, New Gas Water Heater 2017, New Sump Pump/Ejector Pit 2017, plus Much More. Hurry!

Last Agent to Sell the Property

Matthew Kresse

Red Oak Real Estate Group License #RB14039659 Listed on: 06/30/2020

Last Buyer's Agent

Eric Forney

Keller Williams Indy Metro W

Keller Williams Indy Metro W

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,166

Year Built

  • Built in 1956

Lot Details

  • 0.53 Acre Lot
  • Back Yard Fenced
  • Mature Trees

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,000 Sq Ft Home
  • Woodwork
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Attic Access Panel
  • Carbon Monoxide Detectors

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • High Efficiency Heating System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater

Community Details

  • Twin Brooks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491508105015000500

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,166

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1956
  • Garage Y N: Yes
  • Lot Size Acres: 0.53
  • Subdivision Name: TWIN BROOKS
  • Inspection Warranties: Not Applicable
  • Property Description: All Brick 3 Bedroom & 1 Bath Ranch in Beautiful Perry Township Location! Home sits on a Large ½ Acre Private Lot w/ Fenced Backyard. Hardwood Floors Throughout, Full Unfinished Basement w/ Plenty of Opportunities. Large 2 Car Detached Garage. Very Well Maintained Home w/ Many Recent Updates...New Gas Furnace 2017, New Gas Water Heater 2017, New Sump Pump/Ejector Pit 2017, plus Much More. Hurry!
  • Transaction Type: Sale
  • Accessibility Features YN: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Hardwood Floors, Wood Work Painted, Wood Work Stained
  • Living Area: 2000
  • Other Equipment: CO Detectors, Sump Pump, Programmable Thermostat
  • Room Count: 5
  • Areas Interior: Laundry in Basement
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1000
  • Main Level Sq Ft: 1000
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2000
  • Below Grade Sq Ft: 1000
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Exposed Aggregate, Fence Full Rear
  • Foundation Details: Block, Full
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Detached
  • Garage Parking Other: Garage Door Opener,Service Door

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air, High Efficiency (90%+ AFUE )
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491508105015000500
  • Acres: 1/2-1 Acre
  • Lot Information: Tree Mature
  • Lot Number: 106
  • Lot Size: 23,087

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 3166
  • Semi Annual Property Tax Amt: 1583
  • Tax Exemption: None

MLS Schools

  • School District: Perry Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2020
Closed on
Aug 12, 2020
Sold by
Hayes Betty J
Bought by
Bowman Willie
Seller's Agent
Matthew Kresse
Red Oak Real Estate Group
Buyer's Agent
Eric Forney
Keller Williams Indy Metro W
List Price
$159,900
Sold Price
$159,900
Current Estimated Value
$233,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,430
Avg. Annual Appreciation
7.21%
Original Mortgage
$157,003
Outstanding Balance
$139,273
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$94,057
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bowman Willie $159,900 Meridian Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowman Willie $157,003
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2020 08/12/20 Sold $159,900 0.0% $80 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $159,900 -- $80 / 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 $2,456 $188,600 $29,600 $159,000
2023 $2,456 $189,700 $29,600 $160,100
2022 $2,311 $173,400 $29,600 $143,800
2021 $1,910 $143,000 $29,600 $113,400
2020 $1,878 $140,200 $29,600 $110,600
2019 $3,278 $120,500 $21,000 $99,500
2018 $3,050 $113,100 $21,000 $92,100
2017 $2,937 $108,700 $21,000 $87,700
2016 $2,949 $109,100 $21,000 $88,100
2014 $2,554 $105,300 $21,000 $84,300
2013 $2,561 $105,300 $21,000 $84,300
Source: Public Records

Agents Affiliated with this Home

  • Matthew Kresse

    Seller's Agent in 2020

    Matthew Kresse

    Red Oak Real Estate Group

    (317) 318-3420

    4 in this area

    115 Total Sales

    Matthew Kresse
    Section Image

  • E

    Buyer's Agent in 2020

    Eric Forney

    Keller Williams Indy Metro W

    Section Image

  • T

    Buyer Co-Listing Agent in 2020

    Thomas Weaver

    Keller Williams Indy Metro W

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21722036

MIBOR Broker Listing Cooperative®

APN: 49-15-08-105-015.000-500

Indiana Marion County Indianapolis 46227

2548 E Loretta Dr, Indianapolis, IN

Not Listed for Sale

Detached

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