NOT LISTED FOR SALE

2816 W Ray St Indianapolis, IN 46221

West Indianapolis Neighborhood

Estimated Value: $129,000 - $165,037

2 Beds
1 Bath
1,760 Sq Ft
$82/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $90,000 $51 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $862/month

12 Days on Market

Highlights

  • Above Ground Pool
  • Bungalow
  • Forced Air Heating and Cooling System
  • Covered patio or porch
  • Shed
  • Property is Fully Fenced

About This Home

As of August 2018

CUTE, CUTE, CUTE. 3 BEDROOM HOME. REMODELED KITCHEN, FORMAL LIVING ROOM WITH CROWN MOLDING, MASTER BEDROOM IS EXTRA LARGE (OR CAN BE CONVERTED BACK TO 3RD BEDROOM). THE HOME HAS NEW PAINT, NEW FLOORING,(Hardwoods under carpet)LARGE FRONT PORCH, FENCED IN YARD, GREAT BACK YARD. POOL IN BACK FOR FAMILY ENJOYMENT. UPSTAIRS BEDROOM IS LARGE AND CHARMING. OVER-SIDED STORAGE SHED IN BACK. CLOSE TO PARK AND WALKING TRAIL, 10 MIN TO DOWNTOWN.

Last Agent to Sell the Property

Doreen Harris

RE/MAX Advanced Realty License #RB14049798 Listed on: 07/13/2018

RE/MAX Advanced Realty

Last Buyer's Agent

Kyle DeBoor

eXp Realty, LLC

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $366

Year Built

  • Built in 1950

Lot Details

  • 6,229 Sq Ft Lot
  • Property is Fully Fenced

Parking

  • Gravel Driveway

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Attic Access Panel
  • Unfinished Basement

Kitchen

  • Electric Oven
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Above Ground Pool
  • Covered patio or porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • Eagle Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491109109070000901

Home Details

Home Type

Single Family

Est. Annual Taxes

$366

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1950
  • Garage Y N: No
  • Lot Size Acres: 0.143
  • Subdivision Name: EAGLE RIDGE
  • Inspection Warranties: General
  • Property Description: CUTE, CUTE, CUTE. 3 BEDROOM HOME. REMODELED KITCHEN, FORMAL LIVING ROOM WITH CROWN MOLDING, MASTER BEDROOM IS EXTRA LARGE (OR CAN BE CONVERTED BACK TO 3RD BEDROOM). THE HOME HAS NEW PAINT, NEW FLOORING,(Hardwoods under carpet)LARGE FRONT PORCH, FENCED IN YARD, GREAT BACK YARD. POOL IN BACK FOR FAMILY ENJOYMENT. UPSTAIRS BEDROOM IS LARGE AND CHARMING. OVER-SIDED STORAGE SHED IN BACK. CLOSE TO PARK AND WALKING TRAIL, 10 MIN TO DOWNTOWN.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Dryer, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access
  • Living Area: 1760
  • Other Equipment: Network Ready
  • Room Count: 6
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1040
  • Main Level Sq Ft: 720
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Sitting Room,Suite
  • Total Sq Ft: 1760
  • Below Grade Sq Ft: 720
  • Upper Level Sq Ft: 320
  • Pct Optional Level Finished: 100%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Barn Storage, Driveway Gravel, Fence Complete, Above Ground Pool
  • Foundation Details: Block
  • List Price: 110000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: None
  • Garage Parking Other: Rear Load Garage

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Connected
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491109109070000901
  • Acres: <1/4 Acre
  • Lot Information: Street Lights,Tree Mature,Trees Small
  • Lot Number: 58
  • Lot Size: 6229

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 366
  • Semi Annual Property Tax Amt: 183
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools
  • Schools: William McKinley School 39 Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2018
Closed on
Aug 24, 2018
Sold by
Burges David W
Bought by
Shawn Cortez
Seller's Agent
Doreen Harris
RE/MAX Advanced Realty
Buyer's Agent
Kyle DeBoor
eXp Realty, LLC
List Price
$130,000
Sold Price
$90,000
Premium/Discount to List
-$40,000
-30.77%
Current Estimated Value
$144,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,759
Avg. Annual Appreciation
6.23%
Original Mortgage
$88,369
Outstanding Balance
$77,692
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$59,341
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
Shawn Cortez $90,000 --
Cortez Shawn $90,000 Chicago Title Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortez Shawn $88,369
Previous Owner Burgess David W $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2018 08/24/18 Sold $90,000 -18.2% $51 / Sq Ft
07/26/2018 07/26/18 Pending -- -- --
07/20/2018 07/20/18 Price Changed $110,000 -15.4% $63 / Sq Ft
07/13/2018 07/13/18 For Sale $130,000 -- $74 / 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 $822 $98,800 $4,200 $94,600
2023 $822 $94,000 $4,200 $89,800
2022 $824 $87,200 $4,200 $83,000
2021 $687 $82,300 $4,200 $78,100
2020 $696 $83,000 $4,200 $78,800
2019 $706 $83,000 $4,200 $78,800
2018 $399 $51,000 $4,200 $46,800
2017 $429 $50,300 $4,200 $46,100
2016 $396 $48,500 $4,200 $44,300
2014 $363 $47,200 $4,200 $43,000
2013 $382 $49,100 $4,200 $44,900
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Doreen Harris

    RE/MAX Advanced Realty

    (317) 557-3099

    89 Total Sales

    Section Image

  • K

    Buyer's Agent in 2018

    Kyle DeBoor

    eXp Realty, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21581639

MIBOR Broker Listing Cooperative®

APN: 49-11-09-109-070.000-901

Indiana Marion County Indianapolis 46221 West Indianapolis

2816 W Ray St, Indianapolis, IN

This home is located at 2816 W Ray St, Indianapolis, IN 46221 since 13 July 2018 and is currently estimated at $144,759, approximately $82 per square foot. This property was built in 1950. 2816 W Ray St is a home located in Marion County with nearby schools including William Penn School 49, George Washington Community High School (9-12), and Arsenal Technical High 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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