NOT LISTED FOR SALE

2948 N Park Ave Unit 2948 Indianapolis, IN 46205

Mapleton-Fall Creek Neighborhood

Estimated Value: $307,000 - $328,000

3 Beds
2 Baths
2,131 Sq Ft
$149/Sq Ft Est. Value

About This Home

This home is located at 2948 N Park Ave Unit 2948, Indianapolis, IN 46205 and is currently estimated at $317,500, approximately $148 per square foot. 2948 N Park Ave Unit 2948 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2023
Sold by
Rca Properties Llc
Bought by
Akf Llc
Current Estimated Value
$317,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,016,000
Outstanding Balance
$2,650,697
Interest Rate
7.49%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$2,333,197

Purchase Details

Closed on
Nov 7, 2023
Sold by
Rca Properties Llc
Bought by
Akf Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,016,000
Outstanding Balance
$2,650,697
Interest Rate
7.49%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$2,333,197

Purchase Details

Closed on
Feb 19, 2019
Sold by
Barrow Samuel P
Bought by
Rca 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
$170,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 15, 2015
Sold by
Equity Trust Company
Bought by
Barrow Samuel P

Purchase Details

Closed on
Mar 27, 2013
Sold by
Ghosh Michael
Bought by
Equity Trust Company Custodian

Purchase Details

Closed on
Jan 8, 2013
Sold by
Sheriff John Layton
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Akf Llc -- Foundation Title
Akf Llc -- Foundation Title
Rca Properties Llc $157,500 First American Title Insurance
Barrow Samuel P -- Security Title Services
Equity Trust Company Custodian $23,000 --
Federal Home Loan Mortgage Corporation -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akf Llc $4,016,000
Closed Akf Llc $4,016,000
Previous Owner Rca Properties Llc $170,000
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 $5,594 $230,000 $28,400 $201,600
2023 $5,594 $230,000 $28,400 $201,600
2022 $5,453 $224,000 $28,400 $195,600
2021 $4,263 $179,000 $19,000 $160,000
2020 $3,605 $150,000 $19,000 $131,000
2019 $3,670 $150,000 $19,000 $131,000
2018 $2,226 $83,700 $3,300 $80,400
2017 $1,723 $75,300 $3,300 $72,000
2016 $1,686 $75,300 $3,300 $72,000
2014 $1,615 $74,700 $3,300 $71,400
2013 $1,532 $73,700 $3,300 $70,400
Source: Public Records

Map

Indiana Marion County Indianapolis 46205 Mapleton-Fall Creek

2948 N Park Ave Unit 2948, Indianapolis, IN

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