NOT LISTED FOR SALE

2922 N Drexel Ave Indianapolis, IN 46218

Martindale-Brightwood Neighborhood

Estimated Value: $84,000 - $134,970

4 Beds
1 Bath
1,032 Sq Ft
$99/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $52,000 $50 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $682/month

Highlights

  • Wood Flooring
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Porch
  • Forced Air Heating and Cooling System
  • Partially Fenced Property

About This Home

As of March 2021

Attention Investors!! This updated 4 bed/1 bath bungalow has been an excellent income asset over the years, but it looking for the next owner. Lots of updates, including electrical/plumbing. Property is currently leased @ $850/mo. With plenty of ROI, this will continue to be an excellent hold asset. Don't miss out!

Last Agent to Sell the Property

Nicholas Krudy

Indy Real Estate Consulting License #RB14050622 Listed on: 02/14/2021

Co-Listed By

Michael Colter

Indy Real Estate Consulting License #RB14037833

Last Buyer's Agent

Nicholas Krudy

Indy Real Estate Consulting License #RB14050622 Listed on: 02/14/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $518

Year Built

  • Built in 1950

Lot Details

  • 6,534 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,032 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

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

Community Details

  • Lords Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490728105032000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$518

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1950
  • Co List Office Phone: 317-435-7030
  • Garage Y N: No
  • Lot Size Acres: 0.15
  • Subdivision Name: LORDS
  • Inspection Warranties: Not Applicable
  • Property Description: Attention Investors!! This updated 4 bed/1 bath bungalow has been an excellent income asset over the years, but it looking for the next owner. Lots of updates, including electrical/plumbing. Property is currently leased @ $850/mo. With plenty of ROI, this will continue to be an excellent hold asset. Don't miss out!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Oven,Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Hardwood Floors
  • Living Area: 1032
  • Other Equipment: Not Applicable
  • Room Count: 5
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1032
  • Main Level Sq Ft: 1032
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1032

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Fence Partial
  • Foundation Details: Crawl Space
  • Association Maintained Building Exterior: 0
  • Porch: Porch Open

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: 490728105032000101
  • Acres: <1/4 Acre
  • Lot Number: 61
  • Lot Size: 6,534

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 518
  • Semi Annual Property Tax Amt: 259
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2025
Sold by
Terra Firma Llp
Bought by
Sfr Workforce Owner Llc
Current Estimated Value
$101,993

Purchase Details

Listed on
Feb 14, 2021
Closed on
Mar 3, 2021
Sold by
Soares Brandon Joseph
Bought by
Terra Firma Llp
Seller's Agent
Nicholas Krudy
Indy Real Estate Consulting
Buyer's Agent
Nicholas Krudy
Indy Real Estate Consulting
List Price
$54,900
Sold Price
$52,000
Premium/Discount to List
-$2,900
-5.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.77%

Purchase Details

Listed on
Feb 14, 2021
Closed on
Mar 2, 2021
Sold by
Soares Brandon Joseph
Bought by
Terra Firma Llp
Seller's Agent
Nicholas Krudy
Indy Real Estate Consulting
Buyer's Agent
Nicholas Krudy
Indy Real Estate Consulting
List Price
$54,900
Sold Price
$52,000
Premium/Discount to List
-$2,900
-5.28%

Purchase Details

Closed on
Jun 1, 2011
Sold by
Edwards Will
Bought by
Weaver Erika
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
Sfr Workforce Owner Llc $130,000 Stewart Title Company
Terra Firma Llp -- None Listed On Document
Terra Firma Llp $52,000 None Available
Weaver Erika -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2021 03/05/21 Sold $52,000 -5.3% $50 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
02/14/2021 02/14/21 For Sale $54,900 0.0% $53 / Sq Ft
02/25/2019 02/25/19 Rented $875 0.0% --
02/11/2019 02/11/19 Price Changed $875 -2.8% $1 / Sq Ft
01/28/2019 01/28/19 Price Changed $900 +34.3% $1 / Sq Ft
01/23/2019 01/23/19 Price Changed $670 -7.6% $1 / Sq Ft
01/23/2019 01/23/19 Price Changed $725 -3.3% $1 / Sq Ft
01/04/2019 01/04/19 For Rent $750 -- --
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 $1,719 $36,200 $4,100 $32,100
2023 $1,719 $51,500 $4,100 $47,400
2022 $1,284 $51,500 $4,100 $47,400
2021 $1,013 $41,000 $4,100 $36,900
2020 $899 $36,000 $2,600 $33,400
2019 $581 $21,900 $2,600 $19,300
2018 $604 $22,700 $2,600 $20,100
2017 $470 $19,200 $2,600 $16,600
2016 $385 $15,600 $2,600 $13,000
2014 $339 $15,700 $2,600 $13,100
2013 $426 $20,500 $2,600 $17,900
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Krudy

    Seller's Agent in 2021

    Nicholas Krudy

    Indy Real Estate Consulting

    (317) 435-7030

    3 in this area

    45 Total Sales

    Nicholas Krudy
    Section Image

  • M

    Seller Co-Listing Agent in 2021

    Michael Colter

    Indy Real Estate Consulting

    (317) 258-0724

    3 in this area

    20 Total Sales

    Michael Colter
    Section Image
  • Jennifer Wilmoth

    Seller's Agent in 2019

    Jennifer Wilmoth

    Wilmoth Group

    (239) 233-4586

    1 in this area

    138 Total Sales

    Jennifer Wilmoth
    Section Image

  • J

    Buyer's Agent in 2019

    Joel Wilmoth

    Wilmoth Group

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21765658

MIBOR Broker Listing Cooperative®

APN: 49-07-28-105-032.000-101

Indiana Marion County Indianapolis 46218 Martindale-Brightwood

2922 N Drexel Ave, Indianapolis, IN

This home is located at 2922 N Drexel Ave, Indianapolis, IN 46218 since 14 February 2021 and is currently estimated at $101,993, approximately $98 per square foot. This property was built in 1950. 2922 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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