NOT LISTED FOR SALE

3340 N Colorado Ave Indianapolis, IN 46218

Martindale-Brightwood Neighborhood

Estimated Value: $75,000 - $150,000

3 Beds
1 Bath
1,972 Sq Ft
$61/Sq Ft Est. Value

Last Sold August 05, 2020

Last sale price $40,000 $20 Per Sq Ft

Est. 201% increase in value since last sale

Current estimated payment $810/month

503 Days on Market

Highlights

  • Ranch Style House
  • L-Shaped Dining Room
  • Forced Air Heating System
  • Wood Flooring

About This Home

As of August 2020

Great investment property, this sweet home has 3 bedroom 1 bath, spacious kitchen, fireplace, hardwood flooring and freshly painted. Large partially fenced back yard has mature trees and space for outdoor entertaining. There is also a nice driveway for off street parking. This has been used as a rental and the last tenant was a Section 8 tenant and the owner was getting $900 per month.

Last Agent to Sell the Property

Charlene Gaard

No Limit Real Estate, LLC License #RB14033327 Listed on: 03/07/2019

Last Buyer's Agent

Joel Newman

Joel Newman Real Estate, Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • Ranch Style House
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,972 Sq Ft Home
  • L-Shaped Dining Room
  • Wood Flooring
  • Fire and Smoke Detector
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • Tuckers E 34Th St Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490721108032000101

Home Details

Home Type

Single Family

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: 0.2
  • Subdivision Name: TUCKERS E 34TH ST
  • Inspection Warranties: General
  • Property Description: Great investment property, this sweet home has 3 bedroom 1 bath, spacious kitchen, fireplace, hardwood flooring and freshly painted. Large partially fenced back yard has mature trees and space for outdoor entertaining. There is also a nice driveway for off street parking. This has been used as a rental and the last tenant was a Section 8 tenant and the owner was getting $900 per month.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Roughed In,Unfinished
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room,Masonry
  • Interior Amenities: Hardwood Floors
  • Living Area: 1972
  • Other Equipment: Smoke Detector
  • Room Count: 5
  • Eating Area: Dining-L
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 986
  • Main Level Sq Ft: 986
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1972
  • Below Grade Sq Ft: 986
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 45000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: Other

Utilities

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

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490721108032000101
  • Acres: <1/4 Acre
  • Lot Number: 54
  • Lot Size: 8756

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1050
  • Semi Annual Property Tax Amt: 525
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2024
Sold by
Community Action Of Greater Indianapolis
Bought by
Sdc Property Revocable Trust
Current Estimated Value
$120,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,500
Outstanding Balance
$287,490
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$166,985

Purchase Details

Listed on
Mar 7, 2019
Closed on
Aug 21, 2020
Sold by
Community Action Of Greater Indianapolis
Bought by
Synergy Recovery Network Llc
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Joel Newman
Joel Newman Real Estate, Inc
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.73%

Purchase Details

Listed on
Mar 7, 2019
Closed on
Aug 4, 2020
Sold by
Topstone Inv Ind 1 Llc
Bought by
Community Action Of Greater Indianapolis
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Joel Newman
Joel Newman Real Estate, Inc
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%

Purchase Details

Closed on
Dec 4, 2015
Sold by
Long James
Bought by
Topstone Inv Ind 1 Llc

Purchase Details

Closed on
Dec 10, 2014
Sold by
Bailey Christopher Lee
Bought by
Long James

Purchase Details

Closed on
Jan 21, 2014
Sold by
Keaton Evelyn Lecia
Bought by
Bailey Christopher Lee
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sdc Property Revocable Trust -- None Listed On Document
Sdc Property Revocable Trust -- None Listed On Document
Community Action Of Greater Indianapolis Inc -- None Listed On Document
Synergy Recovery Network Llc $45,000 None Available
Community Action Of Greater Indianapolis $45,000 Investors Title
Topstone Inv Ind 1 Llc -- Mtc
Long James $1,000 None Available
Bailey Christopher Lee $5,455 --
Bailey Christopher Lee $5,455 --
Bailey Christopher Lee $5,454 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sdc Property Revocable Trust $289,500
Closed Sdc Property Revocable Trust $289,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2020 08/05/20 Sold $40,000 -11.1% $20 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
07/05/2020 07/05/20 For Sale $45,000 +12.5% $23 / Sq Ft
06/30/2020 06/30/20 Off Market $40,000 -- --
06/13/2020 06/13/20 For Sale $45,000 0.0% $23 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
03/07/2019 03/07/19 For Sale $45,000 -- $23 / 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 $2,130 $83,300 $6,300 $77,000
2023 $2,130 $86,900 $6,300 $80,600
2022 $2,063 $84,500 $6,300 $78,200
2021 $1,497 $62,000 $6,300 $55,700
2020 $1,145 $46,600 $2,200 $44,400
2019 $1,115 $44,500 $2,200 $42,300
2018 $918 $35,900 $2,200 $33,700
2017 $722 $31,100 $2,200 $28,900
2016 $686 $30,100 $2,200 $27,900
2014 $646 $29,900 $2,200 $27,700
2013 $1,276 $33,900 $2,200 $31,700
Source: Public Records

Agents Affiliated with this Home

  • Charlene Gaard

    Seller's Agent in 2020

    Charlene Gaard

    No Limit Real Estate, LLC

    (317) 440-2149

    22 in this area

    269 Total Sales

    Charlene Gaard
    Section Image

  • J

    Buyer's Agent in 2020

    Joel Newman

    Joel Newman Real Estate, Inc

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21617896

MIBOR Broker Listing Cooperative®

APN: 49-07-21-108-032.000-101

Indiana Marion County Indianapolis 46218 Martindale-Brightwood

3340 N Colorado Ave, Indianapolis, IN

This home is located at 3340 N Colorado Ave, Indianapolis, IN 46218 since 07 March 2019 and is currently estimated at $120,505, approximately $61 per square foot. This property was built in 1930. 3340 N Colorado Ave is a home located in Marion County with nearby schools including James Russell Lowell School 51, Thomas D. Gregg School No. 15, and Washington Irving School 14.

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.

Nearby Homes