NOT LISTED FOR SALE

3136 E Sumner Ave Indianapolis, IN 46237

University Heights Neighborhood

Estimated Value: $202,000 - $209,000

2 Beds
-- Bath
780 Sq Ft
$263/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $55,500 $71 Per Sq Ft

Est. 244% increase in value since last sale

Current estimated payment $1,339/month

6 Days on Market

Highlights

  • 0.61 Acre Lot
  • Traditional Architecture
  • 1-Story Property

About This Home

As of February 2021

This 2 Bedroom per side double has had fire damage. Owner is selling As-Is and any inspections will be for Buyers info only. Property is just over 1/2 Acre.

************ We have received several offers on this property and are asking for Highest and Best Offers by 4:00 p.m. on Saturday 11/28/2020 **************

Last Agent to Sell the Property

Jack Norton

Norton Real Estate License #RB14005732 Listed on: 11/23/2020

Last Buyer's Agent

Javier Espinoza

Hemrick Property Group Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 0.61 Acre Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Crawl Space

Listing and Financial Details

  • Tenant pays for notapplic
  • The owner pays for notapplic
  • Assessor Parcel Number 491029122114000574

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2008
  • Year Built: 1966
  • Lot Size Acres: 0.61
  • Structure Type: Duplex
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: This 2 Bedroom per side double has had fire damage. Owner is selling As-Is and any inspections will be for Buyers info only. Property is just over 1/2 Acre. ************ We have received several offers on this property and are asking for Highest and Best Offers by 4:00 p.m. on Saturday 11/28/2020 **************
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: NotApplic
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Crawl Space

Garage/Parking

  • Unit Parking: Unpaved

Utilities

  • Solid Waste: 0

Lot Info

  • Parcel Number: 491029122114000574
  • Acres: 1/2-1 Acre
  • Lot Information: Other
  • Lot Number: 0
  • Lot Size: 0.00 AC

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: NotApplic

Tax Info

  • Tax Annual Amount: 2070
  • Semi Annual Property Tax Amt: 1035
  • Tax Exemption: None

MLS Schools

  • School District: Perry Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
Feb 25, 2021
Sold by
Lorenzana Maria B and Lorenzana Allen
Bought by
Properties El Guero Inc
Seller's Agent
Jack Norton
Norton Real Estate
Buyer's Agent
Javier Espinoza
Hemrick Property Group Inc.
List Price
$50,000
Sold Price
$55,500
Premium/Discount to List
$5,500
11%
Current Estimated Value
$191,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,500
Avg. Annual Appreciation
30.41%

Purchase Details

Listed on
Nov 23, 2020
Closed on
Feb 10, 2021
Sold by
Lorenzana Sidney F
Bought by
Lorenzana Maria B
Seller's Agent
Jack Norton
Norton Real Estate
Buyer's Agent
Javier Espinoza
Hemrick Property Group Inc.
List Price
$50,000
Sold Price
$55,500
Premium/Discount to List
$5,500
11%

Purchase Details

Closed on
Dec 7, 2009
Sold by
Lorenzana Maria B
Bought by
Lorenzana Sidney F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,200
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2009
Sold by
Mascari Michael A
Bought by
Lorenzana Maria B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,200
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2008
Sold by
Newmarq Capital Llc
Bought by
Mascari Michael A

Purchase Details

Closed on
Dec 29, 2007
Sold by
Morris Investments G Lp
Bought by
Newmarq Capital Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Properties El Guero Inc -- None Available
Lorenzana Maria B -- --
Lorenzana Sidney F -- None Available
Lorenzana Maria B -- Midwest Title Corporation
Mascari Michael A -- Midwest Title Corporation
Newmarq Capital Llc $61,202 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lorenzana Maria B $49,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $55,500 +11.0% $71 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
11/23/2020 11/23/20 For Sale $50,000 -- $64 / 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 $4,158 $172,000 $16,300 $155,700
2023 $4,158 $156,600 $16,300 $140,300
2022 $3,870 $144,600 $16,300 $128,300
2021 $3,444 $126,200 $16,300 $109,900
2020 $3,285 $114,400 $16,300 $98,100
2019 $1,909 $66,500 $15,200 $51,300
2018 $1,726 $60,300 $15,200 $45,100
2017 $2,082 $59,700 $15,200 $44,500
2016 $1,802 $63,300 $15,200 $48,100
2014 $1,424 $58,700 $15,200 $43,500
2013 $1,400 $58,700 $15,200 $43,500
Source: Public Records

Agents Affiliated with this Home

  • Jack Norton

    Seller's Agent in 2021

    Jack Norton

    Norton Real Estate

    (317) 508-6544

    1 in this area

    38 Total Sales

    Jack Norton
    Section Image

  • J

    Buyer's Agent in 2021

    Javier Espinoza

    Hemrick Property Group Inc.

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21754742

MIBOR Broker Listing Cooperative®

APN: 49-10-29-122-114.000-574

Indiana Marion County Indianapolis 46107 University Heights

3136 E Sumner Ave, Indianapolis, IN

Not Listed for Sale

MultiFamily

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