NOT LISTED FOR SALE

2850 Foltz St Indianapolis, IN 46241

Mars Hill Neighborhood

Estimated Value: $64,000 - $127,000

2 Beds
1 Bath
1,560 Sq Ft
$69/Sq Ft Est. Value

Last Sold July 21, 2020

Last sale price $35,500 $23 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $697/month

26 Days on Market

Highlights

  • Traditional Architecture
  • Woodwork
  • Forced Air Heating and Cooling System
  • Ben Davis University High School Rated A
  • 1-Story Property

About This Home

As of July 2020

Package Opportunity!! This 2 bed/1 bath property would be a perfect fit for an investor looking for a great opportunity. The floor plan allows for ease of use and makes you feel at home. Your fenced in yard has plenty of space for play, private patio space, or any of your landscaping dreams. Small shed on lot is included! Property is currently rented and ready for it's new ownership! 5 property package includes 226-228 S Oakland Ave, 2826 Collier St, 4044 W Vermont St, & 3009 S Taft Ave.

Last Agent to Sell the Property

Jordan Moody

Keller Williams Indpls Metro N License #RB15001355 Listed on: 06/12/2020

Keller Williams Indpls Metro N

Last Buyer's Agent

Michael Carter

RE/MAX Advanced Realty

RE/MAX Advanced Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 5,097

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Fire and Smoke Detector
  • Electric Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 5,097 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Mars Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491120108137000900

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1950
  • Garage Y N: No
  • Lot Size Acres: 0.117
  • Subdivision Name: MARS HILL
  • Inspection Warranties: Not Applicable
  • Property Description: Package Opportunity!! This 2 bed/1 bath property would be a perfect fit for an investor looking for a great opportunity. The floor plan allows for ease of use and makes you feel at home. Your fenced in yard has plenty of space for play, private patio space, or any of your landscaping dreams. Small shed on lot is included! Property is currently rented and ready for it's new ownership! 5 property package includes 226-228 S Oakland Ave, 2826 Collier St, 4044 W Vermont St, & 3009 S Taft Ave.
  • Transaction Type: Sale
  • Website: moodycompany.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Oven
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Wood Work Painted
  • Living Area: 1560
  • Other Equipment: Smoke Detector
  • Room Count: 2
  • Eating Area: Other Eating Area
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1560
  • Main Level Sq Ft: 1560
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1560

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • List Price: 35000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491120108137000900
  • Acres: <1/4 Acre
  • Lot Number: 1153
  • Lot Size: 5,097

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1260
  • Semi Annual Property Tax Amt: 630
  • Tax Exemption: None

MLS Schools

  • School District: Wayne Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jul 21, 2020
Sold by
Joseph Anthony Michael
Bought by
Rodriquez Michael
Seller's Agent
Jordan Moody
Keller Williams Indpls Metro N
Buyer's Agent
Michael Carter
RE/MAX Advanced Realty
List Price
$35,000
Sold Price
$35,500
Premium/Discount to List
$500
1.43%
Current Estimated Value
$107,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,010
Avg. Annual Appreciation
21.55%

Purchase Details

Closed on
Jun 16, 2015
Sold by
Hayes Michael R
Bought by
Joseph Anthony Michael

Purchase Details

Closed on
Feb 3, 2009
Sold by
Wells Fargo Bank National Association
Bought by
Hayes Michael R

Purchase Details

Closed on
Dec 22, 2008
Sold by
Nemzek Robert
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
May 9, 2005
Sold by
Td Asset Corp
Bought by
Nemzek Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,310
Interest Rate
10.3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 28, 2005
Sold by
Jackson Alphonso and Secretary Of Hud
Bought by
Federal Housing Commissioner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,310
Interest Rate
10.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rodriquez Michael $35,500 Monument Title
Joseph Anthony Michael -- Royal Title Services
Hayes Michael R -- Federated Land Title Agency
Wells Fargo Bank National Association $42,000 None Available
Nemzek Robert -- None Available
Federal Housing Commissioner -- Eagle Land Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Td Assets Corp $19,000
Previous Owner Nemzek Robert $50,310
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2020 07/21/20 Sold $35,500 0.0% $23 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
07/08/2020 07/08/20 Off Market $35,500 -- --
07/08/2020 07/08/20 For Sale $35,000 0.0% $22 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $35,000 -- $22 / 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 $1,484 $65,500 $4,900 $60,600
2023 $1,484 $60,100 $4,900 $55,200
2022 $1,441 $58,300 $4,900 $53,400
2021 $1,389 $48,900 $4,900 $44,000
2020 $1,261 $44,200 $4,900 $39,300
2019 $1,260 $44,200 $4,900 $39,300
2018 $1,087 $43,500 $4,900 $38,600
2017 $1,049 $41,900 $4,900 $37,000
2016 $1,071 $42,900 $4,900 $38,000
2014 $841 $42,000 $4,900 $37,100
2013 $821 $41,000 $4,900 $36,100
Source: Public Records

Agents Affiliated with this Home

  • Jordan Moody

    Seller's Agent in 2020

    Jordan Moody

    Keller Williams Indpls Metro N

    (765) 336-1622

    2 in this area

    355 Total Sales

    Jordan Moody
    Section Image

  • M

    Buyer's Agent in 2020

    Michael Carter

    RE/MAX

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21718482

MIBOR Broker Listing Cooperative®

APN: 49-11-20-108-137.000-900

Indiana Marion County Indianapolis 46241 Mars Hill

2850 Foltz St, Indianapolis, IN

This home is located at 2850 Foltz St, Indianapolis, IN 46241 since 12 June 2020 and is currently estimated at $107,510, approximately $68 per square foot. This property was built in 1950. 2850 Foltz St is a home located in Marion County with nearby schools including Stout Field Elementary School, Lynhurst 7th & 8th Grade Center, and Ben Davis University 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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