321 N Elder Ave Indianapolis, IN 46222
Stringtown Neighborhood
4
Beds
2
Baths
2,072
Sq Ft
4,356
Sq Ft Lot
Highlights
- Deck
- Traditional Architecture
- Storm Windows
- Dining Room with Fireplace
- Skylights
- Kitchen Island
About This Home
As of October 2019This 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
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 25, 2021
Sold by
Hilton Matthew J
Bought by
Hilton Trust
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
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
2.05%
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
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
Similar Homes in Indianapolis, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $125,000 | First American Title Insurance | |
| Warranty Deed | $110,000 | First American Title Insurance | |
| Quit Claim Deed | -- | First American Title | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $93,750 | New Conventional | |
| Previous Owner | $115,000 | Commercial | |
| Previous Owner | $30,000 | New Conventional | |
| Previous Owner | $34,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | Price Changed | $139,900 | -6.7% | $68 / Sq Ft |
| 07/09/2025 07/09/25 | For Sale | $149,900 | 0.0% | $72 / Sq Ft |
| 07/03/2025 07/03/25 | Pending | -- | -- | -- |
| 06/20/2025 06/20/25 | For Sale | $149,900 | 0.0% | $72 / Sq Ft |
| 05/12/2025 05/12/25 | Pending | -- | -- | -- |
| 05/01/2025 05/01/25 | Price Changed | $149,900 | -6.3% | $72 / Sq Ft |
| 03/26/2025 03/26/25 | For Sale | $160,000 | +18.5% | $77 / Sq Ft |
| 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
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
-
Ryan Rominger
Seller's Agent in 2025
Ryan Rominger
Trueblood Real Estate
(317) 935-0075
2 in this area
152 Total Sales
-
J
Seller's Agent in 2019
J.J Canull
-
T
Buyer's Agent in 2019
Thayer Hood
Realty One Group Dream
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: MBR21668018
APN: 49-11-03-198-005.000-101
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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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