NOT LISTED FOR SALE

Estimated Value: $189,000 - $200,224

4 Beds
-- Bath
1,100 Sq Ft
$177/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $135,000 $123 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,234/month

207 Days on Market

About This Home

As of February 2021

This home is located at 2940 Macpherson Ave, Indianapolis, IN 46205 since 06 June 2020 and is currently estimated at $194,741, approximately $177 per square foot. This property was built in 1910. 2940 Macpherson Ave is a home located in Marion County with nearby schools including James Whitcomb Riley School 43, Elder W. Diggs School 42, and Carl Wilde School 79.

Last Agent to Sell the Property

Barbara Simmons

Be'Xtraordinary Real Est Ser License #RB14035888 Listed on: 06/06/2020

Last Buyer's Agent

Amie Steorts

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,064

Year Built

  • Built in 1910

Lot Details

  • 5,445 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • 2-Story Property
  • Vinyl Construction Material

Additional Features

  • Basement

Community Details

  • Meadland Grandview Subdivision

Listing and Financial Details

  • Tenant pays for electricity, rent only
  • The owner pays for inshazard, sewer, water
  • Assessor Parcel Number 490730109053000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,064

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1910
  • Lot Size Acres: 0.125
  • Structure Type: Duplex
  • Subdivision Name: MEADLAND GRANDVIEW
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: InsHazard, Sewer, Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Fence Partial
  • Foundation Details: Other, See Remarks

Garage/Parking

  • Unit Parking: On Street,Other

Utilities

  • Solid Waste: 1

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490730109053000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street
  • Lot Number: 70
  • Lot Size: 5,445

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Rent Only

Tax Info

  • Tax Annual Amount: 2064
  • Semi Annual Property Tax Amt: 1032
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools
  • Schools: Arsenal Technical High,SUPER School 19 Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2022
Sold by
Dave Rivera
Bought by
Stevens Mitchell and Avellana Maria
Current Estimated Value
$194,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,884
Outstanding Balance
$161,490
Interest Rate
5.7%
Mortgage Type
FHA
Estimated Equity
$33,251

Purchase Details

Listed on
Jun 6, 2020
Closed on
Feb 17, 2021
Sold by
Ranall Properties Llc
Bought by
Rivera Dave
Seller's Agent
Barbara Simmons
Be'Xtraordinary Real Est Ser
Buyer's Agent
Amie Steorts
eXp Realty, LLC
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%
Original Mortgage
$101,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2020
Sold by
Jones Randy M
Bought by
Ranall Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.3%
Mortgage Type
Commercial
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
Stevens Mitchell $172,000 Hocker Janet Davis
Rivera Dave $135,000 None Available
Ranall Properties Llc $60,000 Eagle Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevens Mitchell $168,884
Previous Owner Rivera Dave $101,250
Previous Owner Ranall Properties Llc $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2021 02/19/21 Sold $135,000 0.0% $123 / Sq Ft
12/31/2020 12/31/20 Pending -- -- --
12/18/2020 12/18/20 Price Changed $135,000 0.0% $123 / Sq Ft
12/18/2020 12/18/20 For Sale $135,000 0.0% $123 / Sq Ft
09/24/2020 09/24/20 Off Market $135,000 -- --
09/24/2020 09/24/20 Pending -- -- --
09/16/2020 09/16/20 Price Changed $115,000 0.0% $105 / Sq Ft
09/16/2020 09/16/20 For Sale $115,000 -14.8% $105 / Sq Ft
08/27/2020 08/27/20 Off Market $135,000 -- --
08/08/2020 08/08/20 Price Changed $139,500 -7.0% $127 / Sq Ft
07/22/2020 07/22/20 Price Changed $150,000 -11.8% $136 / Sq Ft
07/19/2020 07/19/20 Price Changed $170,000 0.0% $155 / Sq Ft
07/19/2020 07/19/20 For Sale $170,000 +25.9% $155 / Sq Ft
07/03/2020 07/03/20 Off Market $135,000 -- --
07/02/2020 07/02/20 For Sale $150,000 0.0% $136 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/06/2020 06/06/20 For Sale $150,000 -- $136 / 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 $2,425 $161,700 $26,300 $135,400
2023 $2,425 $161,700 $26,300 $135,400
2022 $2,179 $152,500 $26,300 $126,200
2021 $2,517 $106,200 $4,400 $101,800
2020 $2,460 $103,400 $4,400 $99,000
2019 $2,128 $87,400 $4,400 $83,000
2018 $311 $10,400 $4,400 $6,000
2017 $240 $8,400 $4,400 $4,000
2016 $227 $8,000 $4,400 $3,600
2014 $169 $7,800 $4,400 $3,400
2013 $189 $7,800 $4,400 $3,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21716496

MIBOR Broker Listing Cooperative®

APN: 49-07-30-109-053.000-101