NOT LISTED FOR SALE

2943 N Drexel Ave Indianapolis, IN 46218

Martindale-Brightwood Neighborhood

Estimated Value: $59,000 - $103,000

2 Beds
1 Bath
720 Sq Ft
$114/Sq Ft Est. Value

Last Sold May 03, 2021

Last sale price $40,000 $56 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $509/month

2 Days on Market

Highlights

  • Thermal Windows
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Eat-In Kitchen
  • Forced Air Heating System

About This Home

As of May 2021

Home has been an investment rental. Sometime within the past 10+ years someone has completed some updates such as vinyl siding, roof, windows, kitchen, bath, electric, furnace, etc. This just needs a little TLC to be rented again to make some money.

Last Agent to Sell the Property

Jackie Lovell

New Quantum Realty Group License #RB14026114 Listed on: 04/19/2021

Last Buyer's Agent

Javier Espinoza

Hemrick Property Group Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $176

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
  • Thermal Windows
  • Combination Kitchen and Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • Lords Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490728105061000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$176

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: 2020
  • Year Built: 1949
  • Garage Y N: No
  • Lot Size Acres: 0.15
  • Subdivision Name: LORDS
  • Inspection Warranties: Not Applicable
  • Property Description: Home has been an investment rental. Sometime within the past 10+ years someone has completed some updates such as vinyl siding, roof, windows, kitchen, bath, electric, furnace, etc. This just needs a little TLC to be rented again to make some money.
  • Transaction Type: Sale
  • Website: www.artisanrealtors.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Windows Thermal
  • Living Area: 720
  • Other Equipment: Not Applicable
  • Room Count: 4
  • Eating Area: Dining Combo/Kitchen
  • 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
  • Kitchen Features: Kitchen Eat In
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

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

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490728105061000101
  • Acres: <1/4 Acre
  • Lot Information: Not Applicable
  • Lot Number: 81
  • Lot Size: 40x163

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 176
  • Semi Annual Property Tax Amt: 88
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
May 28, 2021
Sold by
Imperial Valley Properties Llc
Bought by
Garcia Maritza J
Seller's Agent
Jackie Lovell
New Quantum Realty Group
Buyer's Agent
Javier Espinoza
Hemrick Property Group Inc.
List Price
$40,000
Sold Price
$40,000
Current Estimated Value
$82,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,020
Avg. Annual Appreciation
17.55%

Purchase Details

Listed on
Apr 19, 2021
Closed on
May 3, 2021
Sold by
Imperial Valley Properties Llc
Bought by
Garcia Maritza J
Seller's Agent
Jackie Lovell
New Quantum Realty Group
Buyer's Agent
Javier Espinoza
Hemrick Property Group Inc.
List Price
$40,000
Sold Price
$40,000

Purchase Details

Closed on
Jun 12, 2015
Sold by
Marion County Board Of Commissioners
Bought by
Imperial Valley Properties Llc

Purchase Details

Closed on
Jun 11, 2015
Sold by
Anderson Marcus D
Bought by
Marion County

Purchase Details

Closed on
Feb 25, 2005
Sold by
National City Bank Of Indiana
Bought by
Anderson Marcus P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,300
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2005
Sold by
Fullilove Willie and City Of Indianapolis
Bought by
National City Bank Of Indiana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,300
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
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
Garcia Maritza J -- Best Title Services
Garcia Maritza J $40,000 Best Title
Imperial Valley Properties Llc $3,400 None Available
Marion County $1,102 None Available
Anderson Marcus P -- None Available
National City Bank Of Indiana $49,017 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson Marcus P $8,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2021 05/03/21 Sold $40,000 0.0% $56 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $40,000 -- $56 / 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 $900 $28,000 $4,100 $23,900
2023 $900 $35,800 $4,100 $31,700
2022 $980 $35,800 $4,100 $31,700
2021 $209 $6,900 $4,100 $2,800
2020 $172 $5,300 $2,600 $2,700
2019 $150 $4,300 $2,600 $1,700
2018 $148 $4,200 $2,600 $1,600
2017 $130 $3,900 $2,600 $1,300
2016 $123 $3,700 $2,600 $1,100
2014 $78 $3,600 $2,600 $1,000
2013 $77 $3,700 $2,600 $1,100
Source: Public Records

Agents Affiliated with this Home

  • Jackie Lovell

    Seller's Agent in 2021

    Jackie Lovell

    New Quantum Realty Group

    (317) 332-7547

    5 in this area

    149 Total Sales

    Jackie Lovell
    Section Image

  • J

    Buyer's Agent in 2021

    Javier Espinoza

    Hemrick Property Group Inc.

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21779012

MIBOR Broker Listing Cooperative®

APN: 49-07-28-105-061.000-101

Indiana Marion County Indianapolis 46218 Martindale-Brightwood

2943 N Drexel Ave, Indianapolis, IN

This home is located at 2943 N Drexel Ave, Indianapolis, IN 46218 since 19 April 2021 and is currently estimated at $82,020, approximately $113 per square foot. This property was built in 1949. 2943 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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