$87,500
SOLD MAY 12, 2025

3049 Foltz St Indianapolis, IN 46241

Mars Hill Neighborhood
2 Beds
1 Bath
816 Sq Ft
0.28 Acres

Recently Sold

$107 Per Sq Ft

8% Below List Price

48 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • 2 Car Detached Garage
  • Wood Flooring
  • Formal Dining Room
  • Woodwork

About This Home

As of May 2025

This charming 2-bedroom, 1-bath ranch in the Mars Hill neighborhood is ready for its next chapter! With 816 sq. ft. of space, this home offers a functional layout and a 2-car detached garage, perfect for extra storage or a workshop. It needs some TLC, but with a little vision, it could be a fantastic opportunity for an investor or a homeowner looking to build equity. The vinyl exterior keeps maintenance simple, and the spacious lot provides room to enjoy the outdoors. Don't miss your chance to bring this home back to life!

Last Agent to Sell the Property

Terry Young

Red Bridge Real Estate Brokerage Email: terry@redbridgerealestate.com Listed on: 02/17/2025

Last Buyer's Agent

Terri Hoffman

The Elite Advantage, Inc. License #RB14048626

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,136

Year Built

  • Built in 1925

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 816 Sq Ft Home
  • Woodwork
  • Formal Dining Room
  • Gas Oven

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 0.28 Acre Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Mars Hill Subdivision

Listing and Financial Details

  • Tax Lot 1271
  • Assessor Parcel Number 491129111093000200
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,136

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1925
  • Building Area Total: 816
  • Garage Y N: Yes
  • Lot Size Acres: 0.28
  • Subdivision Name: Mars Hill
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: terry@redbridgerealestate.com
  • Attribution Contact: terry@redbridgerealestate.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Gas Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: WoodWorkStain/Painted
  • Living Area: 816
  • Main Level Bedrooms: 2
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 816
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Block
  • List Price: 89900

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Garage Sq Ft: 440

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 12066
  • Parcel Number: 491129111093000200
  • Acres: 1/4-1/2 Acre
  • Price Acre: 312500

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2136
  • Tax Lot: 1271
  • Semi Annual Property Tax Amt: 1068

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2025
Closed on
Apr 25, 2025
Sold by
Simple Notes Inc
Bought by
Lopez Esther
Seller's Agent
Terry Young
Red Bridge Real Estate
Buyer's Agent
Terri Hoffman
The Elite Advantage, Inc.
List Price
$94,900
Sold Price
$87,500
Premium/Discount to List
-$7,400
-7.8%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.10%
Original Mortgage
$70,500
Outstanding Balance
$70,380
Interest Rate
6.83%
Mortgage Type
Seller Take Back
Estimated Equity
$17,411

Purchase Details

Listed on
Feb 7, 2025
Closed on
Feb 6, 2025
Sold by
Gehrich Ronnie J and Gehrich Ronald J
Bought by
Simple Quarters Llc
Seller's Agent
Tamara Scroggins
Your Realty Link, LLC
Buyer's Agent
Tamara Scroggins
Your Realty Link, LLC
List Price
$70,000
Sold Price
$70,000
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
144.14%
Original Mortgage
$50,000
Interest Rate
6.91%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 18, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gehrich Ronnie J

Purchase Details

Closed on
May 27, 2009
Sold by
Brown Russell and Brown Penny
Bought by
Federal Home Loan Mortgage Corp
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Stewart Title Company
Warranty Deed $87,500 Stewart Title Company
Warranty Deed $70,000 Near North Title Group
Special Warranty Deed -- Statewide Title Company Inc
Sheriffs Deed $21,750 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $70,500 Seller Take Back
Previous Owner $50,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Sold $87,500 -2.7% $107 / Sq Ft
04/06/2025 04/06/25 Pending -- -- --
03/18/2025 03/18/25 Price Changed $89,900 -2.2% $110 / Sq Ft
03/04/2025 03/04/25 Price Changed $91,900 -3.2% $113 / Sq Ft
02/17/2025 02/17/25 For Sale $94,900 +35.6% $116 / Sq Ft
02/10/2025 02/10/25 Sold $70,000 0.0% $86 / Sq Ft
02/07/2025 02/07/25 Pending -- -- --
02/07/2025 02/07/25 For Sale $70,000 -- $86 / 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 $2,298 $98,100 $7,300 $90,800
2023 $2,298 $93,700 $7,300 $86,400
2022 $2,237 $90,900 $7,300 $83,600
2021 $1,456 $55,600 $7,300 $48,300
2020 $1,300 $55,800 $7,300 $48,500
2019 $1,455 $55,800 $7,300 $48,500
2018 $1,385 $53,600 $7,300 $46,300
2017 $1,353 $51,900 $7,300 $44,600
2016 $1,338 $51,500 $7,300 $44,200
2014 $1,138 $48,600 $7,300 $41,300
2013 $994 $48,600 $7,300 $41,300
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2025

    Terry Young

    Red Bridge Real Estate

    (765) 335-1905

    9 in this area

    276 Total Sales

    Terry Young
    Section Image
  • Tamara Scroggins

    Seller's Agent in 2025

    Tamara Scroggins

    Your Realty Link, LLC

    (317) 445-1723

    1 in this area

    28 Total Sales

    Tamara Scroggins
    Section Image

  • T

    Buyer's Agent in 2025

    Terri Hoffman

    The Elite Advantage, Inc.

    4 in this area

    57 Total Sales

    Terri Hoffman
    Section Image

  • P

    Buyer Co-Listing Agent in 2025

    Peggy Hoffman

    The Elite Advantage, Inc.

    (317) 710-6858

    2 in this area

    47 Total Sales

    Peggy Hoffman
    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22022547

MIBOR Broker Listing Cooperative®

APN: 49-11-29-111-093.000-200

Indiana Marion County Indianapolis 46241 Mars Hill

3049 Foltz St, Indianapolis, IN

This home is located at 3049 Foltz St, Indianapolis, IN 46241 and is currently priced at $87,500, approximately $107 per square foot. This property was built in 1925. 3049 Foltz St is a home located in Marion County with nearby schools including Gold Academy, Decatur Middle School, and Decatur Central High School.

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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