NOT LISTED FOR SALE

Estimated Value: $180,000 - $199,851

2 Beds
1 Bath
1,107 Sq Ft
$173/Sq Ft Est. Value

Last Sold May 08, 2023

Last sale price $165,000 $149 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,343/month

2 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Bungalow
  • No HOA
  • Enclosed Glass Porch
  • 1-Story Property

About This Home

As of May 2023

Charming 2 bed, 1 bath bungalow in the desirable Butler-Tarkington neighborhood of Indianapolis. This home boasts a cozy and inviting interior, with hardwood floors throughout, a spacious living room with fireplace (non-operable), and a formal dining room perfect for entertaining. The kitchen features ample counter space, along with a gas range and dishwasher. Both bedrooms are comfortable and well-lit. Outside, the fenced backyard offers plenty of privacy with room for outdoor entertaining and a detached garage. This home is conveniently located near Butler University, downtown Indianapolis, and the amenities of the Broad Ripple area.

Last Agent to Sell the Property

Paul Scherrer

United Real Estate Indpls License #RB14029212 Listed on: 04/04/2023

United Real Estate Indpls

Last Buyer's Agent

Stephen Kruze

United Real Estate Indpls

United Real Estate Indpls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,890

Year Built

  • Built in 1915

Lot Details

  • 3,485

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation

Interior Spaces

  • 1-Story Property
  • Family Room with Fireplace
  • Family or Dining Combination
  • Attic Access Panel
  • Fire and Smoke Detector
  • Gas Oven
  • Unfinished Basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • James Whitcomb Riley School 43 Middle School
  • Shortridge High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Enclosed Glass Porch
  • 3,485 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Bungalow Park Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 490614108036000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,890

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1915
  • Building Area Total: 1968
  • Garage Y N: Yes
  • Lot Size Acres: 0.08
  • Subdivision Name: Bungalow Park
  • Transaction Type: Sale
  • Website: www.316w39th.info
  • Accessibility Features YN: No
  • Website: www.scherrerbros.com
  • MBR_AttributionContact: paul@unitedindy.net
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Gas Oven, Refrigerator, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 123
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access
  • Living Area: 1107
  • Main Level Bedrooms: 2
  • Other Equipment: Smoke Alarm, Not Applicable
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 984
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 1

Exterior Features

  • Construction Materials: Wood
  • Foundation Details: Block
  • List Price: 150000
  • Patio And Porch Features: Glass Enclosed

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Concrete, Detached

Utilities

  • Cooling: Central Electric, Wall Unit(s)
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: James Whitcomb Riley School 43

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 0.08
  • Parcel Number: 490614108036000801
  • Acres: <1/4 Acre
  • Price Acre: 1875000

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2890
  • Tax Lot: 19
  • Semi Annual Property Tax Amt: 1445
  • Tax Exemption: None

MLS Schools

  • High School: Shortridge High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2023
Closed on
May 8, 2023
Sold by
Pylon Properties Llc
Bought by
Gamble David
Seller's Agent
Paul Scherrer
United Real Estate Indpls
Buyer's Agent
Stephen Kruze
United Real Estate Indpls
List Price
$150,000
Sold Price
$165,000
Premium/Discount to List
$15,000
10%
Views
106
Current Estimated Value
$190,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,963
Avg. Annual Appreciation
6.42%
Original Mortgage
$156,750
Outstanding Balance
$152,336
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$38,627

Purchase Details

Listed on
Apr 4, 2023
Closed on
May 5, 2023
Sold by
Pylon Properties Llc
Bought by
Gamble David
Seller's Agent
Paul Scherrer
United Real Estate Indpls
Buyer's Agent
Stephen Kruze
United Real Estate Indpls
List Price
$150,000
Sold Price
$165,000
Premium/Discount to List
$15,000
10%
Views
106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Outstanding Balance
$152,336
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$38,627

Purchase Details

Listed on
Jul 23, 2016
Closed on
Dec 9, 2016
Sold by
Deep Lake Holdings Llc
Bought by
Pylon Properties Llc
Seller's Agent
Jessica Bischoff
JRB Group
Buyer's Agent
Valerie Scherrer
United Real Estate Indpls
List Price
$59,900
Sold Price
$33,500
Premium/Discount to List
-$26,400
-44.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.24%

Purchase Details

Closed on
Feb 7, 2012
Sold by
Lawrencia Llc
Bought by
Deep Lake Holdings Llc

Purchase Details

Closed on
Sep 9, 2011
Sold by
Hrh Development Corporation
Bought by
Lawrencia Llc

Purchase Details

Closed on
Sep 7, 2011
Sold by
City Of Indianapolis Department Of Metro
Bought by
Hrh Development Corporation

Purchase Details

Closed on
Jun 16, 2011
Sold by
Grimes Lynda S
Bought by
City Of Indianapolis

Purchase Details

Closed on
Jul 29, 2005
Sold by
Smith Estella and Baker Thelma M
Bought by
Grimes Lynda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
9.07%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Gamble David -- None Listed On Document
Gamble David $165,000 None Listed On Document
Pylon Properties Llc -- Attorney
Deep Lake Holdings Llc -- None Available
Lawrencia Llc $7,500 None Available
Hrh Development Corporation $1,000 None Available
City Of Indianapolis $1,676 None Available
Grimes Lynda S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gamble David $156,750
Closed Gamble David $156,750
Previous Owner Grimes Lynda S $62,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold $165,000 +10.0% $149 / Sq Ft
04/07/2023 04/07/23 Pending -- -- --
04/04/2023 04/04/23 For Sale $150,000 +347.8% $136 / Sq Ft
12/12/2016 12/12/16 Sold $33,500 -31.6% $17 / Sq Ft
11/25/2016 11/25/16 Pending -- -- --
11/20/2016 11/20/16 Price Changed $49,000 -9.3% $25 / Sq Ft
10/03/2016 10/03/16 Price Changed $54,000 -9.8% $27 / Sq Ft
09/28/2016 09/28/16 For Sale $59,900 +78.8% $30 / Sq Ft
09/22/2016 09/22/16 Off Market $33,500 -- --
08/23/2016 08/23/16 Price Changed $59,900 -7.8% $30 / Sq Ft
07/23/2016 07/23/16 Price Changed $65,000 +8.3% $33 / Sq Ft
07/23/2016 07/23/16 For Sale $60,000 -- $30 / 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 $3,900 $156,300 $17,300 $139,000
2023 $3,900 $161,500 $17,300 $144,200
2022 $3,550 $160,900 $17,300 $143,600
2021 $2,957 $125,300 $3,900 $121,400
2020 $2,763 $116,500 $3,900 $112,600
2019 $2,590 $107,000 $3,900 $103,100
2018 $2,277 $92,500 $3,900 $88,600
2017 $2,007 $91,200 $3,900 $87,300
2016 $1,515 $69,700 $3,900 $65,800
2014 $1,448 $66,600 $3,900 $62,700
2013 $557 $66,600 $3,900 $62,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21913772

MIBOR Broker Listing Cooperative®

APN: 49-06-14-108-036.000-801