NOT LISTED FOR SALE

321 N Elder Ave Indianapolis, IN 46222

Stringtown Neighborhood

Estimated Value: $148,000 - $154,000

4 Beds
2 Baths
2,072 Sq Ft
$73/Sq Ft Est. Value

Last Sold October 04, 2019

Last sale price $135,000 $65 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,089/month

18 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Storm Windows
  • Dining Room with Fireplace
  • Skylights
  • Kitchen Island

About This Home

As of October 2019

This is your chance to scoop up a great investment property a few skateboard pushes away from IUPUI and everything downtown indy has to offer! It is in great shape and currently leased out for a year for $1,600. ($400 per bedroom) With the revitalization of Stringtown this home could easily climb exponentially in value over a 1-2 year period. There is currently a home at the end of the block that just sold in the $300's. Without any updates the rent should be $500 per bedroom next year, and increasing annually after that. Look at this one today as every investor needs something in their portfolio that rents the day it's posted in the university housing system!

Last Agent to Sell the Property

J.J Canull

Indy Home Shop LLC License #RB14050789 Listed on: 09/13/2019

Last Buyer's Agent

Thayer Hood

Realty One Group Dream License #RB19000497

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,916

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Skylights
  • Vinyl Clad Windows
  • Window Screens
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Crawl Space
  • Storm Windows

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Crawford & Taylor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491103198005000104

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,916

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1910
  • Garage Y N: No
  • Lot Size Acres: 0.1
  • Subdivision Name: CRAWFORD & TAYLOR
  • Inspection Warranties: Not Applicable
  • Property Description: This is your chance to scoop up a great investment property a few skateboard pushes away from IUPUI and everything downtown indy has to offer! It is in great shape and currently leased out for a year for $1,600. ($400 per bedroom) With the revitalization of Stringtown this home could easily climb exponentially in value over a 1-2 year period. There is currently a home at the end of the block that just sold in the $300's. Without any updates the rent should be $500 per bedroom next year, and increasing annually after that. Look at this one today as every investor needs something in their portfolio that rents the day it's posted in the university housing system!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Range Hood, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: 2-Sided, Dining Room
  • Fireplaces: 2
  • Interior Amenities: Screens Complete, Skylight(s), Storms Some, Windows Vinyl
  • Living Area: 2072
  • Other Equipment: Not Applicable
  • Room Count: 8
  • Areas Interior: Bedroom Other on Main,Foyer Small
  • Eating Area: Breakfast Room,Formal Dining Room,Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2072
  • Main Level Sq Ft: 1232
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Fireplace,Suite,TubFull
  • Total Sq Ft: 2072
  • Kitchen Features: Center Island
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 840

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Fence Full Rear
  • Foundation Details: Crawl Space
  • List Price: 135000
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,Gas Connected
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491103198005000104
  • Acres: <1/4 Acre
  • Lot Number: 34
  • Lot Size: 34x120

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1916
  • Semi Annual Property Tax Amt: 958
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2021
Sold by
Hilton Matthew J
Bought by
Hilton Trust
Current Estimated Value
$151,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 13, 2019
Closed on
Oct 4, 2019
Sold by
Indiana Hills Llc
Bought by
Hilton Matthew J
Seller's Agent
J.J Canull
Indy Home Shop LLC
Buyer's Agent
Thayer Hood
Realty One Group Dream
List Price
$145,000
Sold Price
$135,000
Premium/Discount to List
-$10,000
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.97%
Original Mortgage
$115,000
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 13, 2019
Closed on
Sep 13, 2019
Sold by
Jackson Philip E and Alsmeyer Stephen P
Bought by
Indianahills Llc
Seller's Agent
J.J Canull
Indy Home Shop LLC
Buyer's Agent
Thayer Hood
Realty One Group Dream
List Price
$145,000
Sold Price
$135,000
Premium/Discount to List
-$10,000
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
May 2, 2017
Sold by
Carnes Brian J
Bought by
Jacson Philip E and Alsmeyer Stephen P

Purchase Details

Closed on
Sep 14, 2007
Sold by
Douglas Hilary Mcdnel
Bought by
Carnes Brian J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,500
Interest Rate
6.55%
Mortgage Type
New Conventional
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
Hilton Trust -- None Available
Hilton Matthew J $125,000 First American Title Insurance
Indianahills Llc $110,000 First American Title Insurance
Jacson Philip E -- First American Title
Carnes Brian J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hilton Mathew J $93,750
Previous Owner Indianahills Llc $115,000
Previous Owner Carnes Brian $30,000
Previous Owner Carnes Brian J $34,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2019 10/04/19 Sold $135,000 -6.9% $65 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
09/13/2019 09/13/19 For Sale $145,000 -- $70 / 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 $3,168 $129,300 $3,200 $126,100
2023 $3,168 $129,300 $3,200 $126,100
2022 $3,290 $135,100 $3,200 $131,900
2021 $2,143 $88,600 $3,200 $85,400
2020 $2,003 $82,300 $3,200 $79,100
2019 $1,001 $38,300 $3,200 $35,100
2018 $958 $36,200 $3,200 $33,000
2017 $497 $19,000 $3,200 $15,800
2016 $488 $19,000 $3,200 $15,800
2014 $381 $17,600 $3,200 $14,400
2013 $366 $17,600 $3,200 $14,400
Source: Public Records

Agents Affiliated with this Home

  • J.J Canull

    Seller's Agent in 2019

    J.J Canull

    Indy Home Shop LLC

    (317) 833-4302

    5 in this area

    101 Total Sales

    Section Image

  • T

    Buyer's Agent in 2019

    Thayer Hood

    Realty One Group Dream

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21668018

MIBOR Broker Listing Cooperative®

APN: 49-11-03-198-005.000-101

Indiana Marion County Indianapolis 46222 Stringtown

321 N Elder Ave, Indianapolis, IN

This home is located at 321 N Elder Ave, Indianapolis, IN 46222 since 13 September 2019 and is currently estimated at $151,411, approximately $73 per square foot. This property was built in 1910. 321 N Elder Ave is a home located in Marion County with nearby schools including William Penn School 49, George Washington Community High School (9-12), 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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