NOT LISTED FOR SALE

261 W Elbert St Indianapolis, IN 46217

Southdale Neighborhood

Estimated Value: $205,000 - $272,000

3 Beds
1 Bath
2,152 Sq Ft
$108/Sq Ft Est. Value

Sale Details

Date Sold: October 30, 2013

Last sale price $108,000 $50 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $1,414 / mo

88 Days on Market

Highlights

  • Mature Trees
  • Traditional Architecture
  • Woodwork
  • Perry Meridian Middle School Rated A-
  • Covered Patio or Porch
  • 1-Story Property

About This Home

As of October 2013

MOVE-IN READY 3BED RANCH WITH LOADS OF CHARACTER. ENJOY BUILT-IN BOOKSHELVES, FP, DINING NOOK, LARGE BEDROOM SIZES, & LARGE DRY BASEMENT W/ LOTS OF STORAGE. ENTIRE HOME UPDATED INCLUDING HVAC, A/C, H20 HEATER, ROOF, GUTTERS, APPLIANCES, PLUMBING, HARDWOOD FLOOR REFINISHING, PAINT, BATHROOM, KITCHEN, & MORE! HOME IS ON A DEAD END STREET, & SITS ONHUGE LOT W/ MATURE TREES, FULLY FENCED, & BEAUTIFUL CURB APPEAL. CLOSE TO HWY ACCESS, SHOPPING, RESTAURANTS, & MORE. DON'T MISS THIS GREAT HOME!

Last Agent to Sell the Property

Kristie Smith

Indy Homes License #RB14028993 Listed on: 06/27/2013

Last Buyer's Agent

Betty Strohm

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,046

Year Built

  • Built in 1956

Lot Details

  • 20,038 Sq Ft Lot
  • Back Yard Fenced
  • Mature Trees

Parking

  • Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Stone

Interior Spaces

  • 2,152 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Unfinished Basement
  • Sump Pump
  • Attic Access Panel

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 491135101016000500

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,046

Year Built

Built in 1956

Lot Details

0.46 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1956
  • Garage Y N: Yes
  • Lot Size Acres: 0.46
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: MOVE-IN READY 3BED RANCH WITH LOADS OF CHARACTER. ENJOY BUILT-IN BOOKSHELVES, FP, DINING NOOK, LARGE BEDROOM SIZES, & LARGE DRY BASEMENT W/ LOTS OF STORAGE. ENTIRE HOME UPDATED INCLUDING HVAC, A/C, H20 HEATER, ROOF, GUTTERS, APPLIANCES, PLUMBING, HARDWOOD FLOOR REFINISHING, PAINT, BATHROOM, KITCHEN, & MORE! HOME IS ON A DEAD END STREET, & SITS ONHUGE LOT W/ MATURE TREES, FULLY FENCED, & BEAUTIFUL CURB APPEAL. CLOSE TO HWY ACCESS, SHOPPING, RESTAURANTS, & MORE. DON'T MISS THIS GREAT HOME!
  • Transaction Type: Sale
  • Website: www.indyhomes.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Dishwasher, MicroHood, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Masonry, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Wood Work Painted
  • Living Area: 2152
  • Other Equipment: CO Detectors, Smoke Detector, Sump Pump
  • Room Count: 6
  • Areas Interior: Living Room Formal
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1076
  • Main Level Sq Ft: 1076
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2152
  • Below Grade Sq Ft: 1076
  • Upper Level Sq Ft: 0
  • Bathroom Areas: 1.0000
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Stone
  • Disclosures: Not Applicable
  • Exterior Features: Fence Full Rear
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Attached
  • Garage Parking Other: Storage Area

Utilities

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

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491135101016000500
  • Acres: 1/4-1/2 Acre
  • Lot Information: Tree Mature
  • Lot Number: 0
  • Lot Size: 0.46

Tax Info

  • Tax Annual Amount: 1046
  • Semi Annual Property Tax Amt: 523
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Perry Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2012
Sold by
Proequity Property Inc
Bought by
Wills Morgan Lee
Current Estimated Value
$232,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,840
Outstanding Balance
$57,016
Interest Rate
3.95%
Mortgage Type
FHA
Estimated Equity
$175,722

Purchase Details

Closed on
Sep 16, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Proequity Property Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2011
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jan 13, 2011
Sold by
Poynter Lisa A
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 20, 2006
Sold by
Fellers Karen L and Wetzel William
Bought by
Poynter Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,955
Interest Rate
6.68%
Mortgage Type
FHA
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
Wills Morgan Lee -- None Available
Proequity Property Inc -- None Available
The Secretary Of Housing & Urban Develop -- None Available
Wells Fargo Bank Na $137,273 None Available
Poynter Lisa A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wills Morgan Lee $84,840
Previous Owner Proequity Property Inc $80,000
Previous Owner Poynter Lisa A $116,955
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2013 10/30/13 Sold $108,000 -1.8% $50 / Sq Ft
09/24/2013 09/24/13 Pending -- -- --
09/22/2013 09/22/13 Price Changed $110,000 -4.3% $51 / Sq Ft
09/20/2013 09/20/13 Price Changed $114,990 0.0% $53 / Sq Ft
09/05/2013 09/05/13 Price Changed $114,995 0.0% $53 / Sq Ft
08/21/2013 08/21/13 Price Changed $115,000 -4.1% $53 / Sq Ft
07/17/2013 07/17/13 Price Changed $119,950 0.0% $56 / Sq Ft
07/12/2013 07/12/13 Price Changed $119,900 -4.1% $56 / Sq Ft
06/27/2013 06/27/13 For Sale $125,000 -- $58 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $2,172 $216,100 $16,700 $199,400
2024 $2,186 $174,400 $16,700 $157,700
2023 $2,186 $174,400 $16,700 $157,700
2022 $2,137 $163,000 $16,700 $146,300
2021 $1,913 $144,500 $16,700 $127,800
2020 $1,653 $124,400 $16,700 $107,700
2019 $1,510 $117,200 $16,700 $100,500
2018 $1,347 $108,300 $16,700 $91,600
2017 $1,262 $104,300 $16,700 $87,600
2016 $1,191 $100,000 $16,700 $83,300
2014 $1,156 $107,900 $16,700 $91,200
2013 $1,118 $106,300 $16,700 $89,600
Source: Public Records

Agents Affiliated with this Home

  • Kristie Smith

    Seller's Agent in 2013

    Kristie Smith

    Indy Homes

    (317) 313-3200

    292 Total Sales

    Kristie Smith
    Section Image

  • B

    Buyer's Agent in 2013

    Betty Strohm

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21241148

MIBOR Broker Listing Cooperative®

APN: 49-11-35-101-016.000-500

Indiana Marion County Indianapolis 46217 Southdale

261 W Elbert St, Indianapolis, IN

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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID

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