NOT LISTED FOR SALE

3237 Central Ave Indianapolis, IN 46205

Mapleton-Fall Creek Neighborhood

Estimated Value: $283,000 - $288,000

1 Bed
1 Bath
1,888 Sq Ft
$151/Sq Ft Est. Value

Last Sold April 11, 2025

Last sale price $275,000 $146 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,817/month

331 Days on Market

About This Home

As of April 2025

This is an amazing opportunity for someone with vision. There are currently 6 total units. It's zoned and as 4 unit row house. The 4 units on the 2nd and 3rd level could be renovated into two amazing single unit suites. The two units on the lower level need work. It is unoccupied so you can begin your renovation immediately.

Last Agent to Sell the Property

Rod Forrest

eXp Realty, LLC Brokerage Email: rod.r.forrest@gmail.com License #RB14047454 Listed on: 04/22/2024

eXp Realty, LLC

Last Buyer's Agent

Shannon Skyles

Heroes Property Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,422

Year Built

  • Built in 1910

Lot Details

  • 6,534

Home Design

  • Quadruplex

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Additional Features

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

Community Details

  • Osgoods Forest Park Subdivision

Listing and Financial Details

  • Legal Lot and Block /49-06-24-148-029.000-101 / Section 2
  • Assessor Parcel Number 490624148029000101
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,422

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Fourplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1910
  • Lot Size Acres: 0.15
  • Subdivision Name: Osgoods Forest Park
  • Transaction Type: Sale
  • Conversion: Yes
  • MBR_AttributionContact: rod.r.forrest@gmail.com
  • Attribution Contact: rod.r.forrest@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Road Access: Not Applic

Utilities

  • Solid Waste: No

Lot Info

  • Additional Parcels: No
  • Current Use: Residential, Vacant
  • Lot Size Sq Ft: 6534
  • Parcel Number: 490624148029000101
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 4422
  • Tax Block: Section 2
  • Tax Lot: /49-06-24-148-029.000-101
  • Semi Annual Property Tax Amt: 2211

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
Apr 10, 2025
Sold by
Jlh-Indianapolis-3 Llc
Bought by
Ten Talents Investments Llc
Seller's Agent
Rod Forrest
eXp Realty, LLC
Buyer's Agent
Shannon Skyles
Heroes Property Group
List Price
$295,000
Sold Price
$275,000
Premium/Discount to List
-$20,000
-6.78%
Views
63
Current Estimated Value
$285,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,500
Avg. Annual Appreciation
5.34%
Original Mortgage
$351,900
Outstanding Balance
$178,867
Interest Rate
6.65%
Mortgage Type
Construction
Estimated Equity
$106,633

Purchase Details

Closed on
Jun 19, 2013
Sold by
Layton John R
Bought by
The Bank Of New York Mellon F/K/A The Bank Of

Purchase Details

Closed on
Jan 30, 2006
Sold by
Tucker Orvil L
Bought by
Reason Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
6.37%
Mortgage Type
New Conventional
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
Ten Talents Investments Llc $275,000 Total Title
The Bank Of New York Mellon F/K/A The Bank Of $23,000 --
Reason Pamela -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ten Talents Investments Llc $351,900
Previous Owner Reason Pamela $59,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/11/2025 04/11/25 Sold $275,000 -5.0% $146 / Sq Ft
03/21/2025 03/21/25 Pending -- -- --
03/18/2025 03/18/25 Price Changed $289,500 -1.9% $153 / Sq Ft
06/05/2024 06/05/24 For Sale $295,000 0.0% $156 / Sq Ft
04/23/2024 04/23/24 For Sale $295,000 +883.3% $156 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
12/03/2013 12/03/13 Sold $30,000 -13.0% $32 / Sq Ft View Prior Sale
11/18/2013 11/18/13 Pending -- -- --
10/22/2013 10/22/13 For Sale $34,500 -- $37 / 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 $3,917 $162,100 $35,500 $126,600
2023 $3,917 $158,500 $35,500 $123,000
2022 $3,261 $147,300 $35,500 $111,800
2021 $2,656 $108,600 $5,800 $102,800
2020 $2,394 $97,000 $5,800 $91,200
2019 $2,388 $95,000 $5,800 $89,200
2018 $2,739 $109,000 $5,800 $103,200
2017 $2,283 $101,000 $5,800 $95,200
2016 $2,172 $98,000 $5,800 $92,200
2014 $2,387 $110,400 $5,800 $104,600
2013 $2,408 $110,400 $5,800 $104,600
Source: Public Records

Agents Affiliated with this Home

  • Rod Forrest

    Seller's Agent in 2025

    Rod Forrest

    eXp Realty, LLC

    (317) 502-2920

    2 in this area

    101 Total Sales

    Rod Forrest
    Section Image

  • S

    Buyer's Agent in 2025

    Shannon Skyles

    Heroes Property Group

    Section Image

  • G

    Seller's Agent in 2013

    George Chernovsky

  • C

    Buyer's Agent in 2013

    Chris Parker

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21975453

MIBOR Broker Listing Cooperative®

APN: 49-06-24-148-029.000-101

Indiana Marion County Indianapolis 46205 Mapleton-Fall Creek

3237 Central Ave, Indianapolis, IN

Not Listed for Sale

MultiFamily

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