NOT LISTED FOR SALE

3124 N Colorado Ave Indianapolis, IN 46218

Martindale-Brightwood Neighborhood

Estimated Value: $50,000 - $66,668

1 Bed
1 Bath
504 Sq Ft
$111/Sq Ft Est. Value

Last Sold November 09, 2023

Last sale price $28,000 $56 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $373/month

44 Days on Market

Highlights

  • No HOA
  • Bungalow
  • 1-Story Property

About This Home

As of November 2023

Great Investor Opportunity! Would make a great rental or flip. Tons of potential for this property. The property needs foundation work and driveway, see photos.

Last Agent to Sell the Property

Fabiola Veguilla

Highgarden Real Estate Brokerage Email: fdelgado@highgarden.com License #RB19000399 Listed on: 08/26/2023

Highgarden Real Estate

Last Buyer's Agent

Shauna Williams

Keller Williams Indy Metro NE

Keller Williams Indy Metro NE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 504 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Community Details

  • No Home Owners Association
  • Robinwood Subdivision

Listing and Financial Details

  • Tax Lot 105
  • Assessor Parcel Number 490721134046000101

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1950
  • Building Area Total: 504
  • Garage Y N: No
  • Lot Size Acres: 0.12
  • Subdivision Name: Robinwood
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: fdelgado@highgarden.com
  • Attribution Contact: fdelgado@highgarden.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Windows Vinyl
  • Living Area: 504
  • Eating Area: None
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 504
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Block

Utilities

  • Cooling: None
  • Heating: No Heating
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 5227
  • Parcel Number: 490721134046000101
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1380
  • Tax Lot: 105
  • Semi Annual Property Tax Amt: 690

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2023
Closed on
Nov 9, 2023
Sold by
3124 N Colorado Ave Land Trust
Bought by
Moore Alice
Seller's Agent
Fabiola Veguilla
Highgarden Real Estate
Buyer's Agent
Shauna Williams
Keller Williams Indy Metro NE
List Price
$32,900
Sold Price
$28,000
Premium/Discount to List
-$4,900
-14.89%
Views
271
Current Estimated Value
$55,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,889
Avg. Annual Appreciation
42.03%

Purchase Details

Listed on
Aug 26, 2023
Closed on
Nov 8, 2023
Sold by
3124 N Colorado Ave Land Trust
Bought by
Moore Alice
Seller's Agent
Fabiola Veguilla
Highgarden Real Estate
Buyer's Agent
Shauna Williams
Keller Williams Indy Metro NE
List Price
$32,900
Sold Price
$28,000
Premium/Discount to List
-$4,900
-14.89%
Views
271

Purchase Details

Closed on
Feb 27, 2023
Sold by
Auditor Of Marion County
Bought by
Alex H Llc

Purchase Details

Closed on
Jan 26, 2011
Sold by
Stonecrest Properties
Bought by
Day Harold
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
Moore Alice -- First American Title Insurance
Moore Alice $28,000 First American Title Insurance
Alex H Llc $8,325 --
Day Harold -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2023 11/09/23 Sold $28,000 -14.9% $56 / Sq Ft
10/10/2023 10/10/23 Pending -- -- --
08/26/2023 08/26/23 For Sale $32,900 -- $65 / 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 $944 $33,700 $4,900 $28,800
2023 $944 $36,900 $4,900 $32,000
2022 $1,297 $35,400 $4,900 $30,500
2021 $2,438 $22,100 $4,900 $17,200
2020 $3,376 $17,600 $2,200 $15,400
2019 $456 $16,600 $2,200 $14,400
2018 $435 $15,600 $2,200 $13,400
2017 $370 $14,500 $2,200 $12,300
2016 $339 $13,400 $2,200 $11,200
2014 $288 $13,300 $2,200 $11,100
2013 $175 $17,800 $2,200 $15,600
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2023

    Fabiola Veguilla

    Highgarden Real Estate

    (317) 519-7869

    2 in this area

    48 Total Sales

    Fabiola Veguilla
    Section Image

  • S

    Buyer's Agent in 2023

    Shauna Williams

    Keller Williams Indy Metro NE

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21939767

MIBOR Broker Listing Cooperative®

APN: 49-07-21-134-046.000-101

Indiana Marion County Indianapolis 46218 Martindale-Brightwood

3124 N Colorado Ave, Indianapolis, IN

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