$125,000
SOLD FEB 21, 2025
3 Beds
1 Bath
912 Sq Ft
0.31 Acres

Recently Sold

$137 Per Sq Ft

11% Below List Price

22 Days on Market

Highlights

  • Mature Trees
  • Ranch Style House
  • No HOA
  • Deck
  • Wood Flooring
  • 2 Car Detached Garage

About This Home

As of February 2025

Charming 3-Bedroom Investment Property! Discover the perfect addition to your investment portfolio with this delightful 2-bedroom, 1-bathroom home! Offering plenty of potential, this property is vacant and has an estimated rental income of $1,500 per month.

Last Agent to Sell the Property

Meighan Wise

Keller Williams Indpls Metro N Brokerage Email: meighanwise@gmail.com License #RB14047813 Listed on: 01/03/2025

Keller Williams Indpls Metro N

Last Buyer's Agent

Delia Webster

F.C. Tucker Company License #RB14042365

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,790

Year Built

  • Built in 1960

Lot Details

  • 0.31 Acre Lot
  • Cul-De-Sac
  • Mature Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 912 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Schools

  • Arlington Woods School 99 Elementary School
  • Arsenal Technical High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Well

Community Details

  • No Home Owners Association
  • Karrmann Heights Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 490727104009000701
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,790

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1960
  • Building Area Total: 912
  • Garage Y N: Yes
  • Lot Size Acres: 0.31
  • Subdivision Name: Karrmann Heights
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: meighanwise@gmail.com
  • Attribution Contact: meighanwise@gmail.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Eat-in Kitchen
  • Living Area: 912
  • Main Level Bedrooms: 3
  • Other Equipment: Not Applicable
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 912
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Other
  • List Price: 140000
  • Patio And Porch Features: Deck Main Level, Porch Open

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Garage Sq Ft: 484

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Cul-De-Sac, Mature Trees
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 13286
  • Parcel Number: 490727104009000701
  • Acres: 1/4-1/2 Acre
  • Price Acre: 403226

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1790
  • Tax Lot: 16
  • Semi Annual Property Tax Amt: 895

MLS Schools

  • Elementary School: Arlington Woods School 99
  • High School: Arsenal Technical High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2025
Closed on
Feb 21, 2025
Sold by
Emerge Property Group Llc
Bought by
Jacome Duarte Besi U
Seller's Agent
Meighan Wise
Keller Williams Indpls Metro N
Buyer's Agent
Delia Webster
F.C. Tucker Company
List Price
$140,000
Sold Price
$125,000
Premium/Discount to List
-$15,000
-10.71%
Total Days on Market
22
Views
37
Current Estimated Value
$127,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,294
Avg. Annual Appreciation
6.71%
Original Mortgage
$106,500
Outstanding Balance
$106,326
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$20,968

Purchase Details

Listed on
Aug 13, 2018
Closed on
Sep 13, 2018
Sold by
Carter Carla A
Seller's Agent
The Halcomb Group
Keller Williams Indy Metro S
Buyer's Agent
Josh Wetzel
UrbanHaus Property Group
List Price
$55,000
Sold Price
$45,000
Premium/Discount to List
-$10,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.16%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $125,000 Best Title Services
Deed $45,000 --
Warranty Deed $45,000 Monument Title Insurance Compa
Warranty Deed $45,000 Monument Title Insurance Compa
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $106,500 New Conventional
Previous Owner $12,200 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $125,000 -10.7% $137 / Sq Ft
01/25/2025 01/25/25 Pending -- -- --
01/03/2025 01/03/25 For Sale $140,000 +94.4% $154 / Sq Ft
04/22/2022 04/22/22 Sold $72,000 -15.3% $79 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $85,000 +88.9% $93 / Sq Ft
09/13/2018 09/13/18 Sold $45,000 -18.2% $49 / Sq Ft
08/22/2018 08/22/18 Pending -- -- --
08/13/2018 08/13/18 For Sale $55,000 -- $60 / 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 $1,897 $75,500 $10,800 $64,700
2023 $1,897 $75,500 $10,800 $64,700
2022 $1,924 $77,100 $10,800 $66,300
2021 $1,735 $70,800 $10,800 $60,000
2020 $1,792 $73,100 $10,800 $62,300
2019 $1,823 $73,100 $10,800 $62,300
2018 $1,836 $73,100 $10,800 $62,300
2017 $1,629 $72,400 $10,800 $61,600
2016 $1,563 $70,900 $10,800 $60,100
2014 $1,488 $68,800 $10,800 $58,000
2013 $1,430 $68,800 $10,800 $58,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22016531

MIBOR Broker Listing Cooperative®

APN: 49-07-27-104-009.000-701