NOT LISTED FOR SALE

2638 S Ritter Ave Indianapolis, IN 46203

Southeast Indianapolis Neighborhood

Estimated Value: $166,000 - $262,000

3 Beds
1.5 Baths
2,539 Sq Ft
$87/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $134,000 $53 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,403/month

10 Days on Market

Highlights

  • Ranch Style House
  • Covered patio or porch
  • Shed
  • Wood Flooring
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of September 2022

Opportunity awaits the handyman with imagination. This home could be your future oasis! Enjoy beautiful sunset views among mature grape vines and fruit trees in your backyard. This home features two separate living areas. Hardwood floors in many rooms of the house are ready to be refinished. The full unfinished basement is ready for you to make your own. Shed with electricity in back yard currently used as a man cave. New HVAC in 2017.

Last Agent to Sell the Property

Alan Hamson

Fathom Realty Listed on: 08/16/2022

Fathom Realty

Last Buyer's Agent

Chuck Pennington

@properties

@properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,834

Year Built

  • Built in 1959

Lot Details

  • 0.55 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,539 Sq Ft Home
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Aluminum Window Frames
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Electric Oven
  • Recirculated Exhaust Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Sump Pump
  • Basement Lookout

Outdoor Features

  • Covered patio or porch
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 491022125007000700

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,834

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1959
  • Building Area Total: 2539
  • Garage Y N: Yes
  • Lot Size Acres: 0.546
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: 0
  • MBR_AttributionContact: alanis4me@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished, Daylight/Lookout Windows
  • Appliances: Dishwasher, Dryer, Electric Oven, Washer, Kitchen Exhaust
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Interior Amenities: Window Metal, Windows Vinyl
  • Other Equipment: Sump Pump
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1524
  • Main Level Sq Ft: 1524
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Below Grade Sq Ft: 1015
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Brick, Wood Brick
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini, Barn Storage, Storage
  • Foundation Details: Block
  • List Price: 150000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Well
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491022125007000700
  • Acres: 1/2-1 Acre
  • Lot Information: Not In Subdivision,Tree Mature
  • Lot Number: 0
  • Lot Size: 23,784

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1834
  • Semi Annual Property Tax Amt: 917
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Warren Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2022
Closed on
Sep 22, 2022
Sold by
Braun Lee M
Bought by
Mccleery August
Seller's Agent
Alan Hamson
Fathom Realty
Buyer's Agent
Chuck Pennington
@properties
List Price
$150,000
Sold Price
$134,000
Premium/Discount to List
-$16,000
-10.67%
Views
32
Current Estimated Value
$218,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,798
Avg. Annual Appreciation
14.79%
Original Mortgage
$120,600
Outstanding Balance
$116,082
Interest Rate
5.13%
Mortgage Type
FHA
Estimated Equity
$83,804
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
Mccleery August $134,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccleery August $120,600
Previous Owner James Lee M $94,132
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2022 09/15/22 Sold $134,000 -10.7% $53 / Sq Ft
08/26/2022 08/26/22 Pending -- -- --
08/16/2022 08/16/22 For Sale $150,000 -- $59 / 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 $2,322 $204,600 $11,900 $192,700
2023 $2,322 $193,400 $11,900 $181,500
2022 $2,078 $178,600 $11,900 $166,700
2021 $1,953 $167,500 $11,900 $155,600
2020 $1,831 $156,800 $11,900 $144,900
2019 $1,803 $154,700 $11,900 $142,800
2018 $1,652 $141,600 $11,900 $129,700
2017 $1,454 $134,700 $11,900 $122,800
2016 $1,382 $127,800 $11,900 $115,900
2014 $1,101 $110,100 $11,900 $98,200
2013 $1,193 $89,700 $11,900 $77,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Alan Hamson

    Fathom Realty

    Section Image

  • C

    Buyer's Agent in 2022

    Chuck Pennington

    @properties

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21877705

MIBOR Broker Listing Cooperative®

APN: 49-10-22-125-007.000-700

Indiana Marion County Indianapolis 46203 Southeast Indianapolis

2638 S Ritter Ave, Indianapolis, IN

This home is located at 2638 S Ritter Ave, Indianapolis, IN 46203 since 16 August 2022 and is currently estimated at $219,987, approximately $86 per square foot. This property was built in 1959. 2638 S Ritter Ave is a home located in Marion County with nearby schools including Lowell Elementary School, Raymond Park Intermediate School (5-6), and Raymond Park Middle School.

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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