NOT LISTED FOR SALE

3156 4th Ave E Indianapolis, IN 46221

Mars Hill Neighborhood

Estimated Value: $114,000 - $144,000

2 Beds
1 Bath
920 Sq Ft
$133/Sq Ft Est. Value

Last Sold October 06, 2022

Last sale price $105,000 $114 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $822/month

2 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Porch
  • Mature Trees
  • No HOA
  • Security System Owned

About This Home

As of October 2022

This charming 2 bedroom 1 bathroom bungalow is move-in ready and perfect for a first-time home buyer or an investor. A gorgeous cedar wood ranch fence surrounds the oasis-like yard and has a large gate leading to the steel carport. The home was completely renovated in 2005, with various updates since then. With everything Mars Hill has to offer, the home is also 3 miles from downtown and has easy interstate access to get around Indianapolis.

Last Agent to Sell the Property

Emma Brashear

Dropped Members License #RB21002469 Listed on: 09/27/2022

Last Buyer's Agent

Jocelyn Deal

eXp Realty, LLC

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $956

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot
  • Rural Setting
  • Mature Trees

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 920 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Attic Access Panel
  • Security System Owned

Kitchen

  • Updated Kitchen
  • Gas Oven
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Mars Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491129111463000200

Home Details

Home Type

Single Family

Est. Annual Taxes

$956

Year Built

Built in 1940

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1940
  • Building Area Total: 920
  • Garage Y N: No
  • Lot Size Acres: 0.12
  • Subdivision Name: Mars Hill
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Gas Oven, Refrigerator, Washer, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access
  • Living Area: 920
  • Other Equipment: Security Alarm Paid, Not Applicable
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 920
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini
  • Fencing: Full
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: Gravel, None

Utilities

  • Utilities: Cable Available, Natural Gas Connected
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Rural - Subdivision, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Parcel Number: 491129111463000200
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 956
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 478
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2022
Closed on
Oct 6, 2022
Sold by
Wallace Sigrid
Bought by
Lane Derrick J and Lane Pamela K
Seller's Agent
Emma Brashear
Dropped Members
Buyer's Agent
Jocelyn Deal
eXp Realty, LLC
List Price
$110,000
Sold Price
$105,000
Premium/Discount to List
-$5,000
-4.55%
Views
6
Current Estimated Value
$122,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,444
Avg. Annual Appreciation
4.56%

Purchase Details

Closed on
Mar 5, 2021
Sold by
Wallace James
Bought by
Wallace Sigrid

Purchase Details

Closed on
May 12, 2005
Sold by
Ruark Donald R
Bought by
Wallace James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,503
Interest Rate
6.07%
Mortgage Type
FHA
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
Lane Derrick J -- Peak Title Agency
Wallace Sigrid -- --
Wallace James -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wallace James $63,503
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2022 10/06/22 Sold $105,000 -4.5% $114 / Sq Ft
09/29/2022 09/29/22 Pending -- -- --
09/27/2022 09/27/22 For Sale $110,000 -- $120 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $2,219 $100,800 $4,400 $96,400
2024 $2,196 $99,300 $4,400 $94,900
2023 $2,196 $93,800 $4,400 $89,400
2022 $1,612 $67,700 $4,400 $63,300
2021 $1,041 $41,400 $4,400 $37,000
2020 $950 $41,400 $4,400 $37,000
2019 $1,037 $41,400 $4,400 $37,000
2018 $986 $39,700 $4,400 $35,300
2017 $943 $37,700 $4,400 $33,300
2016 $930 $37,300 $4,400 $32,900
2014 $807 $35,200 $4,400 $30,800
2013 $709 $35,200 $4,400 $30,800
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    Emma Brashear

    Dropped Members

    Section Image

  • J

    Buyer's Agent in 2022

    Jocelyn Deal

    eXp Realty, LLC

    Section Image

  • M

    Buyer Co-Listing Agent in 2022

    Melissa Wombles

    eXp Realty, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21884305

MIBOR Broker Listing Cooperative®

APN: 49-11-29-111-463.000-200

Indiana Marion County Indianapolis 46221 Mars Hill

3156 4th Ave E, Indianapolis, IN

Not Listed for Sale

Detached

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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.
Based on information submitted to the MLS GRID

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