NOT LISTED FOR SALE

3220 N College Ave Indianapolis, IN 46205

Mapleton-Fall Creek Neighborhood

Estimated Value: $259,000 - $266,000

2 Beds
-- Bath
1,608 Sq Ft
$163/Sq Ft Est. Value

Last Sold February 20, 2018

Last sale price $122,000 $76 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $1,720/month

82 Days on Market

About This Home

As of February 2018

Great income producing opportunity in an up and coming area near Fall Creek just minutes from downtown. This spacious duplex offers 3 large bedrooms and 1 bath with an unfinished basement on each side. 1762 total sq.ft. One side is tenant occupied. Rent is $550 and the tenant would love to stay. The vacant side is move in ready with updated cabinets, new carpet and fresh paint. Available parking at the rear of the house and along the street.

Last Agent to Sell the Property

Shanda Releford

Highgarden Real Estate License #RB16001649 Listed on: 09/08/2017

Highgarden Real Estate

Last Buyer's Agent

Kim Rossbrown-Battles

KRB Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $794

Year Built

  • Built in 1920

Lot Details

  • 6,534

Home Design

  • Block Foundation

Additional Features

  • 2-Story Property
  • 6,534 Sq Ft Lot
  • Basement

Community Details

  • Osgoods Forest Park Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, trash collection, all utilities, water
  • The owner pays for lawncare
  • Assessor Parcel Number 490624142062000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$794

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Two Story
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1920
  • Lot Size Acres: 0.15
  • Subdivision Name: OSGOODS FOREST PARK
  • Inspection Warranties: Not Applicable
  • Property Description: Great income producing opportunity in an up and coming area near Fall Creek just minutes from downtown. This spacious duplex offers 3 large bedrooms and 1 bath with an unfinished basement on each side. 1762 total sq.ft. One side is tenant occupied. Rent is $550 and the tenant would love to stay. The vacant side is move in ready with updated cabinets, new carpet and fresh paint. Available parking at the rear of the house and along the street.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two, Basement
  • Owner Pays: Lawncare
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Wood Brick
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 135000

Garage/Parking

  • Unit Parking: On Street,Unpaved

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 60

Lot Info

  • Parcel Number: 490624142062000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley
  • Lot Number: 166
  • Lot Size: 6,534

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection, All Utilities, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 794
  • Semi Annual Property Tax Amt: 397
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2020
Sold by
Nakarmi Srijana M Maull
Bought by
Nakarmi Srijana M Maull and Maull Bobby
Current Estimated Value
$262,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 8, 2017
Closed on
Feb 20, 2018
Sold by
Coleman Jerry A
Bought by
Maull-Nakarmi Srijana M
Seller's Agent
Shanda Releford
Highgarden Real Estate
Buyer's Agent
Kim Rossbrown-Battles
KRB Real Estate Professionals
List Price
$150,000
Sold Price
$122,000
Premium/Discount to List
-$28,000
-18.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%
Original Mortgage
$119,790
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 14, 2017
Sold by
Robertson Russell
Bought by
Robertson Russell and Coleman Jerry A
Source: Public Records

Range of Values:

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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
Nakarmi Srijana M Maull -- None Available
Nakarmi Srijana M Maull -- None Available
Nakarmi Srijana Maull -- None Available
Maull-Nakarmi Srijana M $122,000 --
Maull Nakarmi Srijana M $122,000 Stewart Title
Robertson Russell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nakarmi Srijana M Maull $140,000
Closed Maull Nakarmi Srijana M $114,000
Closed Maull Nakarmi Srijana M $3,000
Closed Maull Nakarmi Srijana M $119,790
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2018 02/20/18 Sold $122,000 -9.6% $76 / Sq Ft
11/30/2017 11/30/17 Pending -- -- --
11/06/2017 11/06/17 Price Changed $135,000 -10.0% $84 / Sq Ft
09/08/2017 09/08/17 For Sale $150,000 -- $93 / 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 $3,607 $225,300 $35,500 $189,800
2023 $3,607 $219,900 $35,500 $184,400
2022 $3,245 $203,100 $35,500 $167,600
2021 $2,082 $159,600 $5,800 $153,800
2020 $2,262 $147,400 $5,800 $141,600
2019 $2,232 $144,200 $5,800 $138,400
2018 $715 $46,800 $5,800 $41,000
2017 $971 $40,600 $5,800 $34,800
2016 $901 $38,200 $5,800 $32,400
2014 $1,042 $48,200 $5,800 $42,400
2013 $378 $18,200 $5,800 $12,400
Source: Public Records

Agents Affiliated with this Home

  • Shanda Releford

    Seller's Agent in 2018

    Shanda Releford

    Highgarden Real Estate

    (317) 828-4286

    36 Total Sales

    Shanda Releford
    Section Image

  • K

    Buyer's Agent in 2018

    Kim Rossbrown-Battles

    KRB Real Estate Professionals

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21511909

MIBOR Broker Listing Cooperative®

APN: 49-06-24-142-062.000-101

Indiana Marion County Indianapolis 46205 Mapleton-Fall Creek

3220 N College Ave, Indianapolis, IN

This home is located at 3220 N College Ave, Indianapolis, IN 46205 since 08 September 2017 and is currently estimated at $262,500, approximately $163 per square foot. This property was built in 1920. 3220 N College Ave is a home located in Marion County with nearby schools including Elder W. Diggs School 42, Northwest Middle School, 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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