NOT LISTED FOR SALE

3108 S Rural St Indianapolis, IN 46237

University Heights Neighborhood

Estimated Value: $134,000 - $160,547

2 Beds
1 Bath
896 Sq Ft
$161/Sq Ft Est. Value

Last Sold March 30, 2012

Last sale price $14,199 $16 Per Sq Ft

Est. 913% increase in value since last sale

Current estimated payment $794/month

51 Days on Market

About This Home

As of March 2012

Bank owned as-is property. Needs lots of work, but has 5 lots and nearly an acre of ground to work with. Has 2 car detached garage and pad for an additional one car garage. Does not have a furnace or AC unit.

Last Agent to Sell the Property

Steve Baber

SJB Associates, Inc. License #RB14036889 Listed on: 01/09/2012

Last Buyer's Agent

Steve Baber

SJB Associates, Inc. License #RB14036889 Listed on: 01/09/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $125

Year Built

  • 1954

Lot Details

  • 0.93

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Separate Formal Living Room
  • Mature Trees

Home Details

Home Type

Single Family

Est. Annual Taxes

$125

Year Built

1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Architectural Style: Bungalow
  • Directions: Troy Av east of Keystone to Rural and south to home. Near Shank Golf Course.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: NO SUBDIVISION
  • Special Features: None
  • Year Built: 1954

Interior Features

  • Appliances: None
  • Areas Interior: Living Room Formal
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 896
  • Main Level Sq Ft: 896
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Bathroom Areas: 1.0000
  • Optional Level Below Grade: No Basement
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Other Equipment: Not Applicable

Exterior Features

  • Exterior Features: Driveway Gravel, Fence Partial
  • Foundation Details: Crawl Space
  • Association Maintained Building Exterior: 0
  • Construction Type: Vinyl Siding
  • Disclosures: BankOwned

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Detached

Utilities

  • Cooling: None
  • Heating: None
  • Solid Waste: 0
  • Utility Options: Gas Available,Gas Connected
  • Water Heater: Gas
  • Sewer: Septic Tank
  • Water Source: Public

Lot Info

  • Acres: 1/2-1 Acre
  • Lot Information: Tree Mature
  • Lot Number: 67-71
  • Lot Size: 245x167

Tax Info

  • Semi Annual Property Tax Amt: 483
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption
  • Multiple Tax I D: 491029106022000574,49102910601
  • Tax Annual Amount: 966
  • Tax Year: 2011

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2014
Sold by
Rude Charles
Bought by
Penix Samuel K and Penix Cristine M
Current Estimated Value
$143,887

Purchase Details

Listed on
Jan 9, 2012
Closed on
Mar 26, 2012
Sold by
Wells Fargo Bank Na
Bought by
Rude Charles
Seller's Agent
Steve Baber
SJB Associates, Inc.
Buyer's Agent
Steve Baber
SJB Associates, Inc.
List Price
$14,199
Sold Price
$14,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.07%

Purchase Details

Closed on
Aug 2, 2011
Sold by
Murphy Carl A
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Jun 16, 2005
Sold by
Spate William G
Bought by
Murphy Carl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
8.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Penix Samuel K $32,000 Merdian Title Corporation
Penix Samuel K -- Mtc
Rude Charles -- None Available
Wells Fargo Bank National Association $56,250 None Available
Murphy Carl A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murphy Carl A $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2012 03/30/12 Sold $14,199 0.0% $16 / Sq Ft
03/01/2012 03/01/12 Pending -- -- --
01/09/2012 01/09/12 For Sale $14,199 -- $16 / 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 $125 $109,800 $21,600 $88,200
2023 $125 $102,400 $21,600 $80,800
2022 $122 $94,200 $21,600 $72,600
2021 $119 $87,900 $21,600 $66,300
2020 $116 $80,800 $21,600 $59,200
2019 $113 $70,000 $7,900 $62,100
2018 $110 $68,700 $7,900 $60,800
2017 $107 $68,200 $7,900 $60,300
2016 $104 $66,500 $7,900 $58,600
2014 $620 $66,200 $7,900 $58,300
2013 $620 $66,200 $7,900 $58,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Steve Baber

    SJB Associates, Inc.

    (317) 442-8735

    2 Total Sales

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21155346

MIBOR Broker Listing Cooperative®

APN: 49-10-29-106-023.000-574

Indiana Marion County Indianapolis 46237 University Heights

3108 S Rural St, Indianapolis, IN

This home is located at 3108 S Rural St, Indianapolis, IN 46237 since 09 January 2012 and is currently estimated at $143,887, approximately $160 per square foot. This property was built in 1954. 3108 S Rural St is a home located in Marion County with nearby schools including Clinton Young Elementary School, Southport 6th Grade Academy, and Southport Middle 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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