NOT LISTED FOR SALE

311 N Sherman Dr Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $151,000 - $232,000

3 Beds
2 Baths
1,632 Sq Ft
$123/Sq Ft Est. Value

Last Sold July 16, 2019

Last sale price $37,900 $23 Per Sq Ft

Est. 428% increase in value since last sale

Current estimated payment $1,287/month

222 Days on Market

About This Home

As of July 2019

Great opportunity for investors! Located between Mass Av & Irvington. Upper-level has separate entry & staircase, small kitchenette. Main level spacious, arts & craft built ins & beamed ceiling in dining room. Original walk in closets. Spacious 2 car detached garage for extra storage. Updated electrical box for house, newer windows, roof 8 years, & spacious front covered porch.
Main floor 960 sq ft & upstairs 672 sq ft. Full basement

Last Agent to Sell the Property

Howard Hollenbaugh

Hoosier, REALTORS® Listed on: 11/16/2018

Last Buyer's Agent

Joshua Lawrence

@properties License #RB16001027

@properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 5,358 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement

Community Details

  • Bradley Denny & Atkinson Subdivision

Listing and Financial Details

  • Tenant pays for cable tv insurance rent only noutil
  • The owner pays for electricity gas inshazard insurance taxes sewer all utilities water
  • Assessor Parcel Number 491004122090000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Arts&Crafts/Craftsman
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1924
  • Lot Size Acres: 0.123
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: BRADLEY DENNY & ATKINSON
  • Inspection Warranties: Not Applicable
  • Property Description: Great opportunity for investors! Located between Mass Av & Irvington. Upper-level has separate entry & staircase, small kitchenette. Main level spacious, arts & craft built ins & beamed ceiling in dining room. Original walk in closets. Spacious 2 car detached garage for extra storage. Updated electrical box for house, newer windows, roof 8 years, & spacious front covered porch. Main floor 960 sq ft & upstairs 672 sq ft. Full basement
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 1
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: Electricity,Gas,InsHazard,Insurance,Taxes,Sewer,All Utilities,Water
  • Possible Use: Residential
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 1632
  • Laundry: Other

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Fence Partial
  • Foundation Details: Block,Partial
  • List Price: 39900
  • Road Access: CityStreet
  • Interstate: Ramp1-3mi

Garage/Parking

  • Unit Parking: 2 Car Garage
  • Auto Parking: 4
  • Auto Surface: concrete/grave

Utilities

  • Solid Waste: 0
  • HVAC: Gas heat/Central Air

Fee Information

  • Expenses: 0

Lot Info

  • Current Use: Residential
  • Parcel Number: 491004122090000101
  • Zoning: Residential
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Street Lights,Suburban,Tree Mature
  • Lot Number: 224
  • Lot Size: 40x134

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV,Insurance,Rent Only,NoUtil

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1186
  • Semi Annual Property Tax Amt: 593
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2018
Closed on
Jul 16, 2019
Sold by
Brady Margaret
Bought by
Coleman Kendall
Seller's Agent
Howard Hollenbaugh
Hoosier, REALTORS®
Buyer's Agent
Joshua Lawrence
@properties
List Price
$49,900
Sold Price
$37,900
Premium/Discount to List
-$12,000
-24.05%
Total Days on Market
222
Current Estimated Value
$200,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,181
Avg. Annual Appreciation
31.36%

Purchase Details

Closed on
Nov 20, 2007
Sold by
Federal Home Loan Morgage Corp
Bought by
Brady Margaret

Purchase Details

Closed on
Aug 14, 2007
Sold by
Wells Fargo Bank
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 9, 2007
Sold by
Garrison Leslie D
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 18, 2007
Sold by
Garrison Leslie D
Bought by
Wells Fargo Bank Na
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
Coleman Kendall $37,900 First American Title Insurance
Brady Margaret -- None Available
Federal Home Loan Mortgage Corporation -- None Available
Wells Fargo Bank Na -- None Available
Wells Fargo Bank Na -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2019 07/16/19 Sold $37,900 -5.0% $23 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
06/06/2019 06/06/19 Price Changed $39,900 -20.0% $24 / Sq Ft
05/10/2019 05/10/19 Price Changed $49,900 0.0% $31 / Sq Ft
05/10/2019 05/10/19 For Sale $49,900 +11.1% $31 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
04/08/2019 04/08/19 Price Changed $44,900 -10.0% $28 / Sq Ft
03/16/2019 03/16/19 Price Changed $49,900 +11.1% $31 / Sq Ft
03/16/2019 03/16/19 For Sale $44,900 0.0% $28 / Sq Ft
02/28/2019 02/28/19 Pending -- -- --
02/15/2019 02/15/19 Price Changed $44,900 -10.2% $28 / Sq Ft
12/13/2018 12/13/18 For Sale $50,000 0.0% $31 / Sq Ft
11/21/2018 11/21/18 Pending -- -- --
11/15/2018 11/15/18 For Sale $50,000 -- $31 / 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 $2,369 $142,800 $7,100 $135,700
2023 $2,369 $95,400 $7,100 $88,300
2022 $2,288 $92,500 $7,100 $85,400
2021 $1,592 $64,600 $7,100 $57,500
2020 $1,600 $64,800 $2,600 $62,200
2019 $1,596 $63,500 $2,600 $60,900
2018 $1,540 $60,700 $2,600 $58,100
2017 $1,279 $55,900 $2,600 $53,300
2016 $923 $40,100 $2,600 $37,500
2014 $813 $37,600 $2,600 $35,000
2013 $1,077 $39,600 $2,600 $37,000
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2019

    Howard Hollenbaugh

    Hoosier, REALTORS®

    Section Image
  • Joshua Lawrence

    Buyer's Agent in 2019

    Joshua Lawrence

    @properties

    (317) 286-6117

    18 in this area

    77 Total Sales

    Joshua Lawrence
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21607729

MIBOR Broker Listing Cooperative®

APN: 49-10-04-122-090.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

311 N Sherman Dr, Indianapolis, IN

This home is located at 311 N Sherman Dr, Indianapolis, IN 46201 since 16 November 2018 and is currently estimated at $200,081, approximately $122 per square foot. This property was built in 1924. 311 N Sherman Dr is a home located in Marion County with nearby schools including Ralph Waldo Emerson School 58, Arlington Community Middle School, and Arsenal Technical 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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