NOT LISTED FOR SALE

2901 E Michigan St Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $78,000 - $228,000

3 Beds
1 Bath
1,198 Sq Ft
9,583 Sq Ft Lot

Last Sold May 24, 2024

Last sale price $72,500 $61 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $1,254/month

21 Days on Market

Highlights

  • No HOA
  • 1 Car Detached Garage
  • Combination Kitchen and Dining Room

About This Home

As of May 2024

3 Bedroom, 1 Bath Condo with Basement.

Last Agent to Sell the Property

Kelly Wood

RE/MAX At The Crossing Brokerage Email: kelly.wood@remax.net License #RB14036955 Listed on: 04/08/2024

RE/MAX At The Crossing

Last Buyer's Agent

Daniel McNeal

@properties License #RB19000327

@properties

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1930

Lot Details

  • 1 Common Wall

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Combination Kitchen and Dining Room
  • Attic Access Panel
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association
  • Oxford Park Subdivision

Listing and Financial Details

  • Tax Lot 49-10-05-166-029.000-101
  • Assessor Parcel Number 491005166029000101

Property Details

Home Type

Condominium

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Multi-Level
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1930
  • Building Area Total: 1492
  • Garage Y N: Yes
  • Lot Size Acres: 0.22
  • Subdivision Name: Oxford Park
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Floor Number: 2
  • Lifestyles: Other/See Remarks
  • Unit Entry Level: 1
  • F H A Certified: No
  • MBR_AttributionContact: kelly.wood@remax.net
  • Attribution Contact: kelly.wood@remax.net
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Basement: Yes
  • Appliances: None
  • Levels: Two
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access
  • Living Area: 1198
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 599
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 599
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: BankOwned
  • Foundation Details: Block
  • List Price: 79900

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached
  • Garage Sq Ft: 360

Utilities

  • Cooling: None
  • Heating: No Heating
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No
  • Condo Description Location: Free Standing
  • Condo Type: Vertical

Lot Info

  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Lot Size Sq Ft: 9620
  • Parcel Number: 491005166029000101
  • Acres: <1/4 Acre
  • Price Acre: 329545

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2682
  • Tax Lot: 49-10-05-166-029.000-101
  • Semi Annual Property Tax Amt: 1341

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
May 28, 2024
Sold by
Resid Mtg Aggregation Trust and Wilmington Svg Fund Society F
Bought by
Rca Properties Llc
Seller's Agent
Kelly Wood
RE/MAX At The Crossing
Buyer's Agent
Daniel McNeal
@properties
List Price
$84,900
Sold Price
$72,500
Premium/Discount to List
-$12,400
-14.61%
Views
116
Current Estimated Value
$173,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,686
Avg. Annual Appreciation
99.98%
Original Mortgage
$277,000
Outstanding Balance
$90,850
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$80,374

Purchase Details

Closed on
Jan 2, 2024
Sold by
Terra Property Qoz Fund Ii Llc
Bought by
Resid Mtg Aggregation Trust

Purchase Details

Closed on
Jan 12, 2022
Sold by
Oakland Re Portfolio Llc
Bought by
Terra Property Qoz Fund Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2021
Sold by
Dc Capital Llc
Bought by
Oakland Re Portfolio Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,562,500
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 28, 2021
Sold by
Dc Capital Llc
Bought by
Oakland Re Portfolio Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,562,500
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 27, 2018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
4.44%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 5, 2018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
4.44%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 1, 2016
Sold by
Upper Class Homes Llc
Bought by
Jl Capital Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.61%
Mortgage Type
Undefined Multiple Amounts

Purchase Details

Closed on
Oct 18, 2013
Sold by
Marion County Auditor
Bought by
Marion County

Purchase Details

Closed on
Aug 29, 2006
Sold by
Rebuild Indianpolis Inc
Bought by
Anthony Terrell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2006
Sold by
Wachovia Bank Of Delware Na
Bought by
Rebuild Indpls Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,760
Interest Rate
6.72%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 4, 2006
Sold by
Wachocia Bank Of Delaware Na
Bought by
Anderson Frank J
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
Rca Properties Llc $72,500 Title Clearing & Escrow
Resid Mtg Aggregation Trust $247,000 None Listed On Document
Terra Property Qoz Fund Ii Llc -- Bray Miranda D
Terra Property Qoz Fund Ii Llc -- Bray Miranda D
Oakland Re Portfolio Llc -- None Listed On Document
Oakland Re Portfolio Llc -- None Available
-- $90,000 --
Dc Capital Llc $90,000 Best Title Services
-- $53,300 --
Limestone Equity Group Llc $53,333 Best Title Svcs
Jl Capital Holdings Llc -- None Available
Marion County $5,500 --
Anthony Terrell -- Carpenter Title Agency Inc
Rebuild Indpls Properties Inc -- None Available
Anderson Frank J -- None Available
Terra Property Qoz Fund Ii Llc -- Bray Miranda D
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rca Properties Llc $277,000
Previous Owner Terra Property Qoz Fund Ii Llc $165,000
Previous Owner Oakland Re Portfolio Llc $2,562,500
Previous Owner Oakland Re Portfolio Llc $2,562,500
Previous Owner Dc Capital Llc $187,200
Previous Owner Limestone Equity Group Llc $160,000
Previous Owner Jl Capital Llc $0
Previous Owner Anthony Terrell $96,000
Previous Owner Rebuild Indianapolis Properties Inc $23,760
Previous Owner Rebuild Indpls Properties Inc $23,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $72,500 -9.3% $61 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/26/2024 04/26/24 Price Changed $79,900 -5.9% $67 / Sq Ft
04/08/2024 04/08/24 For Sale $84,900 -- $71 / 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 $4,025 $169,600 $11,500 $158,100
2023 $2,560 $85,700 $11,000 $74,700
2022 $5,071 $89,100 $11,200 $77,900
2021 $2,817 $116,300 $12,800 $103,500
2020 $5,329 $88,500 $4,400 $84,100
2019 $2,248 $82,100 $4,400 $77,700
2018 $4,127 $78,100 $4,400 $73,700
2017 $4,697 $76,700 $4,400 $72,300
2016 $1,443 $70,200 $4,400 $65,800
2014 $1,302 $60,200 $4,400 $55,800
2013 $1,396 $62,500 $2,100 $60,400
Source: Public Records

Agents Affiliated with this Home

  • Kelly Wood

    Seller's Agent in 2024

    Kelly Wood

    RE/MAX At The Crossing

    (317) 753-6656

    7 in this area

    182 Total Sales

    Kelly Wood
    Section Image
  • Daniel McNeal

    Buyer's Agent in 2024

    Daniel McNeal

    @properties

    (317) 902-3177

    66 in this area

    202 Total Sales

    Daniel McNeal
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21970845

MIBOR Broker Listing Cooperative®

APN: 49-10-05-166-029.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

2901 E Michigan St, Indianapolis, IN

This home is located at 2901 E Michigan St, Indianapolis, IN 46201 since 08 April 2024 and is currently estimated at $173,186, approximately $144 per square foot. This property was built in 1930. 2901 E Michigan St is a home located in Marion County with nearby schools including Thomas D. Gregg School No. 15, Arlington Community Middle School, 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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