NOT LISTED FOR SALE

2907 N Drexel Ave Indianapolis, IN 46218

Martindale-Brightwood Neighborhood

Estimated Value: $49,000 - $125,000

2 Beds
1 Bath
720 Sq Ft
$117/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $24,000 $33 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $506/month

38 Days on Market

About This Home

As of January 2020

**INVESTOR OPPORTUNITY** Here's your chance to own an excellent cash flow property to add to your portfolio. Home is in good shape and will not take much to make turn key. Located on the northeast side of Indianapolis at a desirable price point. Home is easy to show.

Last Agent to Sell the Property

Brian Pachciarz

Estansion Group by BLP License #RB14042294 Listed on: 12/22/2019

Last Buyer's Agent

Brian Pachciarz

Estansion Group by BLP License #RB14042294 Listed on: 12/22/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $370

Year Built

  • Built in 1949

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Wood Frame Window

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • Lords Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490728105053000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$370

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1949
  • Garage Y N: No
  • Lot Size Acres: 0.15
  • Subdivision Name: LORDS
  • Inspection Warranties: Not Applicable
  • Property Description: **INVESTOR OPPORTUNITY** Here's your chance to own an excellent cash flow property to add to your portfolio. Home is in good shape and will not take much to make turn key. Located on the northeast side of Indianapolis at a desirable price point. Home is easy to show.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Windows Wood
  • Living Area: 720
  • Other Equipment: Not Applicable
  • Room Count: 2
  • Eating Area: Other Eating Area
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 720
  • Main Level Sq Ft: 720
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 720

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • List Price: 29500
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Other/See Remarks
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: Other
  • Heating: See Remarks
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Other

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490728105053000101
  • Acres: <1/4 Acre
  • Lot Number: 90
  • Lot Size: 6,534

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 370
  • Semi Annual Property Tax Amt: 185
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2019
Closed on
Feb 5, 2020
Sold by
Redevelop Indy Llc
Bought by
2907 N Drexel Avenue Land Trust
Seller's Agent
Brian Pachciarz
Estansion Group by BLP
Buyer's Agent
Brian Pachciarz
BLP Realty Group
List Price
$35,000
Sold Price
$24,000
Premium/Discount to List
-$11,000
-31.43%
Current Estimated Value
$84,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,200
Avg. Annual Appreciation
24.54%

Purchase Details

Listed on
Dec 22, 2019
Closed on
Dec 19, 2019
Sold by
Carroll Thalia V
Bought by
Redevelop Indy Llc
Seller's Agent
Brian Pachciarz
Estansion Group by BLP
Buyer's Agent
Brian Pachciarz
BLP Realty Group
List Price
$35,000
Sold Price
$24,000
Premium/Discount to List
-$11,000
-31.43%
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
2907 N Drexel Avenue Land Trust -- None Available
Redevelop Indy Llc $25,000 Hocker Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $24,000 -18.6% $33 / Sq Ft
01/30/2020 01/30/20 Pending -- -- --
01/20/2020 01/20/20 Price Changed $29,500 -1.3% $41 / Sq Ft
01/06/2020 01/06/20 Price Changed $29,900 -14.6% $42 / Sq Ft
12/22/2019 12/22/19 For Sale $35,000 -- $49 / 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 $727 $22,400 $4,100 $18,300
2023 $727 $28,500 $4,100 $24,400
2022 $2,015 $28,500 $4,100 $24,400
2021 $672 $27,000 $4,100 $22,900
2020 $630 $25,100 $2,600 $22,500
2019 $435 $16,400 $2,600 $13,800
2018 $417 $15,500 $2,600 $12,900
2017 $346 $14,100 $2,600 $11,500
2016 $296 $12,000 $2,600 $9,400
2014 $244 $11,300 $2,600 $8,700
2013 $256 $12,300 $2,600 $9,700
Source: Public Records

Agents Affiliated with this Home

  • Brian Pachciarz

    Seller's Agent in 2020

    Brian Pachciarz

    Estansion Group by BLP

    (317) 331-6765

    4 in this area

    69 Total Sales

    Brian Pachciarz
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21686712

MIBOR Broker Listing Cooperative®

APN: 49-07-28-105-053.000-101

Indiana Marion County Indianapolis 46218 Martindale-Brightwood

2907 N Drexel Ave, Indianapolis, IN

This home is located at 2907 N Drexel Ave, Indianapolis, IN 46218 since 22 December 2019 and is currently estimated at $84,200, approximately $116 per square foot. This property was built in 1949. 2907 N Drexel Ave 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.

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