NOT LISTED FOR SALE

2902 N Sherman Dr Indianapolis, IN 46218

Martindale-Brightwood Neighborhood

Estimated Value: $91,000 - $133,000

3 Beds
1 Bath
2,350 Sq Ft
$45/Sq Ft Est. Value

Last Sold October 17, 2016

Last sale price $13,500 $6 Per Sq Ft

Est. 682% increase in value since last sale

Current estimated payment $704/month

23 Days on Market

Highlights

  • Covered Patio or Porch
  • Woodwork
  • Forced Air Heating and Cooling System

About This Home

As of October 2016

Home being sold "as is" "where is". Tenants rights in place. Home was purchased at a Tax Sale and will require the Tax Certificate at closing. Taxes will be current to the day of closing. Bedrooms and baths have not been verified.

Last Agent to Sell the Property

Stephen Barton

Keller Williams Indy Metro S License #RB14052302 Listed on: 08/12/2016

Keller Williams Indy Metro S

Last Buyer's Agent

Stephen Barton

Keller Williams Indy Metro S License #RB14052302 Listed on: 08/12/2016

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 4,356

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Woodwork
  • Fire and Smoke Detector
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • 4,356 Sq Ft Lot

Community Details

  • Brightwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490729156365000101

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1915
  • Garage Y N: No
  • Lot Size Acres: 0.1
  • Subdivision Name: BRIGHTWOOD
  • Inspection Warranties: Not Applicable
  • Property Description: Home being sold "as is" "where is". Tenants rights in place. Home was purchased at a Tax Sale and will require the Tax Certificate at closing. Taxes will be current to the day of closing. Bedrooms and baths have not been verified.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: None
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Interior Amenities: Wood Work Painted
  • Living Area: 2350
  • Other Equipment: Smoke Detector
  • Room Count: 6
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1390
  • Main Level Sq Ft: 960
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Main Level
  • Total Sq Ft: 2350
  • Below Grade Sq Ft: 960
  • Upper Level Sq Ft: 430
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 29000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490729156365000101
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks
  • Lot Number: 114
  • Lot Size: 38x185

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 740
  • Semi Annual Property Tax Amt: 370
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2016
Closed on
Oct 17, 2016
Sold by
Middlebrook Eric
Bought by
Mak Member Kent
Seller's Agent
Stephen Barton
Keller Williams Indy Metro S
Buyer's Agent
Stephen Barton
Real Broker, LLC
List Price
$29,000
Sold Price
$13,500
Premium/Discount to List
-$15,500
-53.45%
Current Estimated Value
$105,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,060
Avg. Annual Appreciation
25.74%

Purchase Details

Closed on
Mar 21, 2014
Sold by
Marion County Board Of Commissioners
Bought by
Middlebrook Eric

Purchase Details

Closed on
Mar 20, 2014
Sold by
Cummings Phillipe
Bought by
County Of Marion

Purchase Details

Closed on
Dec 21, 2006
Sold by
Simmons Eric
Bought by
Cummings Phillipe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,100
Interest Rate
8.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 4, 2006
Sold by
W & M Properties & Development Llc
Bought by
Simmons Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2006
Sold by
National City Mortgage Inc
Bought by
W & M Properties & Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,600
Interest Rate
6.38%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 4, 2006
Sold by
Federal Home Loan Mortgage Corporation
Bought by
National City Mortgage Inc and National City Mortgage Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,600
Interest Rate
6.38%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 1, 2005
Sold by
Thompson La Sheena and Doe John
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mak Member Kent $13,500 --
Middlebrook Eric $5,100 None Available
County Of Marion $4,369 None Available
Cummings Phillipe -- None Available
Simmons Eric -- None Available
W & M Properties & Development Llc -- None Available
National City Mortgage Inc -- None Available
Federal Home Loan Mortgage Corporation $44,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cummings Phillipe $55,100
Previous Owner Simmons Eric $30,000
Previous Owner W & M Properties & Development Llc $35,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2016 10/17/16 Sold $13,500 0.0% $6 / Sq Ft
09/05/2016 09/05/16 Pending -- -- --
08/19/2016 08/19/16 Off Market $13,500 -- --
08/12/2016 08/12/16 For Sale $29,000 -- $12 / 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 $1,723 $58,900 $4,000 $54,900
2023 $1,723 $63,200 $4,000 $59,200
2022 $1,578 $63,200 $4,000 $59,200
2021 $1,203 $48,500 $4,000 $44,500
2020 $1,006 $39,900 $2,700 $37,200
2019 $1,023 $39,900 $2,700 $37,200
2018 $991 $38,300 $2,700 $35,600
2017 $837 $35,800 $2,700 $33,100
2016 $811 $35,400 $2,700 $32,700
2014 $938 $35,500 $2,700 $32,800
2013 $938 $39,500 $2,700 $36,800
Source: Public Records

Agents Affiliated with this Home

  • Stephen Barton

    Seller's Agent in 2016

    Stephen Barton

    Keller Williams Indy Metro S

    (317) 694-4774

    1 in this area

    26 Total Sales

    Stephen Barton
    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21436014

MIBOR Broker Listing Cooperative®

APN: 49-07-29-156-365.000-101

Indiana Marion County Indianapolis 46218 Martindale-Brightwood

2902 N Sherman Dr, Indianapolis, IN

This home is located at 2902 N Sherman Dr, Indianapolis, IN 46218 since 12 August 2016 and is currently estimated at $105,560, approximately $44 per square foot. This property was built in 1915. 2902 N Sherman Dr is a home located in Marion County with nearby schools including James Russell Lowell School 51, Thomas D. Gregg School No. 15, and Washington Irving School 14.

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.

Nearby Homes