NOT LISTED FOR SALE

2951 N Drexel Ave Indianapolis, IN 46218

Martindale-Brightwood Neighborhood

Estimated Value: $73,000 - $111,102

2 Beds
1 Bath
720 Sq Ft
$121/Sq Ft Est. Value

Last Sold November 21, 2018

Last sale price $16,000 $22 Per Sq Ft

Est. 445% increase in value since last sale

Current estimated payment $543/month

15 Days on Market

Highlights

  • 1-Story Property
  • Forced Air Heating System
  • Combination Kitchen and Dining Room

About This Home

As of November 2018

Great Investment Property. Home has 2 bedrooms, 1 full bath and living area. Great opportunity for easy investment.

Last Agent to Sell the Property

Jennifer Shackelford-Harris

Indy's Property Shop, LLC License #RB14036495 Listed on: 10/30/2018

Last Buyer's Agent

Roger Jackson

Real Estate Investment Venture

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 6,534

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Attic Access Panel

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 6,534 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • Lords Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490728105063000101

Home Details

Home Type

Single Family

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: 2017
  • Year Built: 1949
  • Garage Y N: No
  • Lot Size Acres: 0.15
  • Subdivision Name: LORDS
  • Inspection Warranties: Not Applicable
  • Property Description: Great Investment Property. Home has 2 bedrooms, 1 full bath and living area. Great opportunity for easy investment.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access
  • 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
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • List Price: 35000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: None

Utilities

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

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490728105063000101
  • Acres: <1/4 Acre
  • Lot Number: 78
  • Lot Size: 6,534

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 410
  • Semi Annual Property Tax Amt: 205
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2018
Closed on
Nov 20, 2018
Seller's Agent
Jennifer Shackelford-Harris
Indy's Property Shop, LLC
Buyer's Agent
Roger Jackson
Real Estate Investment Venture
List Price
$35,000
Sold Price
$16,000
Premium/Discount to List
-$19,000
-54.29%
Current Estimated Value
$87,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,276
Avg. Annual Appreciation
27.78%

Purchase Details

Closed on
Feb 21, 2018

Purchase Details

Closed on
Dec 27, 2017
Sold by
Mt Helix Acquisitions I Llc
Bought by
Oceanpointe Investments Limited

Purchase Details

Closed on
Mar 22, 2013
Sold by
Marion County Auditor
Bought by
Marion County
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
-- $16,000 --
Riverside Management Group Llc $16,000 Monument Title
-- $48,500 --
Still Waters 1 Llc $48,500 Monument Title
Indy Jax Properties Llc $48,500 Monument Title
Oceanpointe Investments Limited -- --
Ocean Pointe Investments Limited -- --
Marion County $2,200 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2018 11/21/18 Sold $16,000 -54.3% $22 / Sq Ft
10/29/2018 10/29/18 For Sale $35,000 -- $49 / 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 $976 $31,400 $8,500 $22,900
2023 $976 $39,000 $8,500 $30,500
2022 $1,049 $39,000 $8,500 $30,500
2021 $855 $34,900 $8,500 $26,400
2020 $774 $31,300 $5,300 $26,000
2019 $549 $21,200 $5,300 $15,900
2018 $544 $20,300 $5,300 $15,000
2017 $457 $19,300 $5,300 $14,000
2016 $395 $16,800 $5,300 $11,500
2014 $344 $15,900 $5,300 $10,600
2013 $127 $14,400 $2,600 $11,800
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Shackelford-Harris

    Seller's Agent in 2018

    Jennifer Shackelford-Harris

    Indy's Property Shop, LLC

    (317) 652-6584

    2 in this area

    27 Total Sales

    Jennifer Shackelford-Harris
    Section Image

  • R

    Buyer's Agent in 2018

    Roger Jackson

    Real Estate Investment Venture

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21604911

MIBOR Broker Listing Cooperative®

APN: 49-07-28-105-063.000-101

Indiana Marion County Indianapolis 46218 Martindale-Brightwood

2951 N Drexel Ave, Indianapolis, IN

This home is located at 2951 N Drexel Ave, Indianapolis, IN 46218 since 30 October 2018 and is currently estimated at $87,276, approximately $121 per square foot. This property was built in 1949. 2951 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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