NOT LISTED FOR SALE

Estimated Value: $71,000 - $131,000

3 Beds
1 Bath
2,316 Sq Ft
$46/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $40,000 $17 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $592/month

540 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Forced Air Heating System
  • Separate Formal Living Room
  • Woodwork

About This Home

As of October 2020

INVESTORS DREAM! 3 bedroom home currently tenanted with Section 8 tenant paying 712 per month. Tenant pays all utilities!

Last Agent to Sell the Property

Charlene Gaard

No Limit Real Estate, LLC License #RB14033327 Listed on: 03/31/2019

Last Buyer's Agent

Luis Coronel

Coronel Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $750

Year Built

  • Built in 1930

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Ranch Style House
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • Woodwork
  • Separate Formal Living Room
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Forest Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490721127281000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$750

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1930
  • Garage Y N: No
  • Lot Size Acres: 0.16
  • Subdivision Name: FOREST MANOR
  • Inspection Warranties: Not Applicable
  • Property Description: INVESTORS DREAM! 3 bedroom home currently tenanted with Section 8 tenant paying 712 per month. Tenant pays all utilities!
  • Transaction Type: Sale
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Interior Amenities: Wood Work Painted
  • Living Area: 2316
  • Other Equipment: Smoke Detector, Not Applicable
  • Room Count: 7
  • Areas Interior: Living Room Formal
  • Eating Area: None
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1378
  • Main Level Sq Ft: 938
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2316
  • Kitchen Features: Kitchen Eat In
  • Below Grade Sq Ft: 938
  • Upper Level Sq Ft: 440
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490721127281000101
  • Acres: <1/4 Acre
  • Lot Number: 1013
  • Lot Size: 50 X 138

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 750
  • Semi Annual Property Tax Amt: 375
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2019
Closed on
Sep 30, 2020
Sold by
Topstone Bayflip Ind 1 Llc
Bought by
Balderas Batana Maricela
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Luis Coronel
Coronel Realty Group
List Price
$42,000
Sold Price
$40,000
Premium/Discount to List
-$2,000
-4.76%
Current Estimated Value
$105,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,846
Avg. Annual Appreciation
20.07%

Purchase Details

Listed on
Aug 12, 2016
Closed on
Oct 17, 2016
Sold by
Middlebrook Eric
Bought by
Mak Member Kent
Seller's Agent
Stephen Barton
Real Broker, LLC
Buyer's Agent
Stephen Barton
Real Broker, LLC
List Price
$28,000
Sold Price
$16,000
Premium/Discount to List
-$12,000
-42.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.03%

Purchase Details

Closed on
Jul 11, 2014
Sold by
Marion County
Bought by
Middlebrook Eric

Purchase Details

Closed on
Jul 10, 2014
Sold by
Thomas Aaron
Bought by
County Of Marion

Purchase Details

Closed on
Sep 13, 2005
Sold by
Rjs Investments Inc
Bought by
Thomas Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
7.45%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 9, 2005
Sold by
Lfb Inc
Bought by
Rjs Investments Inc
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
Balderas Batana Maricela $40,000 Investors Title Service, Inc.
Mak Member Kent $16,000 --
Middlebrook Eric $5,000 --
Marion County $5,000 --
Middlebrook Eric $5,000 None Available
County Of Marion $2,646 None Available
Thomas Aaron -- None Available
Rjs Investments Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas Aaron $50,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2020 10/01/20 Sold $40,000 -4.8% $17 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $42,000 0.0% $18 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
04/22/2020 04/22/20 Price Changed $42,000 -10.6% $18 / Sq Ft
03/31/2019 03/31/19 For Sale $47,000 +193.8% $20 / Sq Ft
10/17/2016 10/17/16 Sold $16,000 0.0% $17 / Sq Ft View Prior Sale
09/05/2016 09/05/16 Pending -- -- --
08/19/2016 08/19/16 Off Market $16,000 -- --
08/12/2016 08/12/16 For Sale $28,000 -- $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 $498 $60,400 $6,100 $54,300
2023 $498 $62,800 $6,100 $56,700
2022 $521 $61,200 $6,100 $55,100
2021 $426 $45,200 $6,100 $39,100
2020 $854 $33,300 $2,100 $31,200
2019 $831 $31,800 $2,100 $29,700
2018 $693 $25,800 $2,100 $23,700
2017 $553 $22,400 $2,100 $20,300
2016 $526 $21,700 $2,100 $19,600
2014 $922 $21,900 $2,100 $19,800
2013 $922 $24,700 $2,100 $22,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21629671

MIBOR Broker Listing Cooperative®

APN: 49-07-21-127-281.000-101