NOT LISTED FOR SALE

2948 E Michigan St Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $246,000 - $258,537

1 Bed
1 Bath
1,128 Sq Ft
$224/Sq Ft Est. Value

About This Home

This home is located at 2948 E Michigan St, Indianapolis, IN 46201 and is currently estimated at $252,179, approximately $223 per square foot. 2948 E Michigan St is a home located in Marion County with nearby schools including Thomas D. Gregg School No. 15, Washington Irving School 14, and Anna Brochhausen School 88.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2022
Sold by
Michigan Indy Llc
Bought by
Deacon Jacob Cade
Current Estimated Value
$252,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,015
Outstanding Balance
$205,232
Interest Rate
5.1%
Mortgage Type
FHA
Estimated Equity
$46,947

Purchase Details

Closed on
May 19, 2022
Sold by
Michigan Indy Llc
Bought by
Deacon Jacob Cade

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,015
Outstanding Balance
$205,232
Interest Rate
5.1%
Mortgage Type
FHA
Estimated Equity
$46,947

Purchase Details

Closed on
Aug 13, 2020
Sold by
Nagy Mark A
Bought by
Michigan Indy Llc

Purchase Details

Closed on
Aug 11, 2020
Sold by
Nagy Mark A
Bought by
Michigan Indy Llc

Purchase Details

Closed on
Jul 1, 2020
Sold by
Nagy Mark and Pang Leah
Bought by
Nagy Mark A

Purchase Details

Closed on
Jul 11, 2019
Sold by
Nagy Mark
Bought by
Nagy Mark and Pang Leah

Purchase Details

Closed on
Feb 15, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Crn Properties Llc

Purchase Details

Closed on
Jun 26, 2007
Sold by
Skaggs Tori J
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Oct 30, 2005
Sold by
Patterson Brian
Bought by
Skaggs Tori J

Purchase Details

Closed on
Jun 15, 2005
Sold by
Wells Fargo Bank Minnesota National Asso
Bought by
Elite One Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,334
Interest Rate
5.86%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 23, 2005
Sold by
Gebdig Lester
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Nov 3, 2004
Sold by
Gending Lester
Bought by
Wells Fargo Bank Minnersota Na and The Home Equity Loan Asset Backed
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Deacon Jacob Cade -- None Listed On Document
Deacon Jacob Cade $220,000 None Listed On Document
Michigan Indy Llc -- None Listed On Document
Michigan Indy Llc $45,000 Monument Title
Nagy Mark A -- None Available
Nagy Mark -- None Available
Crn Properties Llc -- None Available
Deutsche Bank National Trust Co $65,578 None Available
Skaggs Tori J -- Carpenter Title Agency Inc
Elite One Investments Llc -- None Available
Wells Fargo Bank N A $44,640 None Available
Wells Fargo Bank Minnersota Na -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deacon Jacob Cade $216,015
Closed Deacon Jacob Cade $216,015
Previous Owner Elite One Investments Llc $35,334
Source: Public Records

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 $3,639 $227,600 $5,800 $221,800
2023 $3,639 $216,000 $5,800 $210,200
2022 $903 $59,600 $5,800 $53,800
2021 $1,307 $51,600 $5,800 $45,800
2020 $1,376 $54,500 $2,300 $52,200
2019 $1,302 $50,400 $2,300 $48,100
2018 $1,790 $70,500 $2,300 $68,200
2017 $1,572 $68,900 $2,300 $66,600
2016 $1,206 $52,900 $2,300 $50,600
2014 $928 $42,900 $2,300 $40,600
2013 $890 $42,800 $2,300 $40,500
Source: Public Records

Map

Indiana Marion County Indianapolis 46201 Near Eastside

2948 E Michigan St, Indianapolis, IN

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