3343 N Drexel Ave Indianapolis, IN 46218
Martindale-Brightwood Neighborhood
2
Beds
1
Bath
915
Sq Ft
8,102
Sq Ft Lot
Highlights
- Traditional Architecture
- 2 Car Detached Garage
- Luxury Vinyl Plank Tile Flooring
- No HOA
- 1-Story Property
- Combination Kitchen and Dining Room
About This Home
As of May 2025**Tenants Rights Apply** Please do not disturb the tenants. This is the ideal cash flowing property for your investment portfolio and is an occupied rental in Forest Manor. 2 bedroom 1 bath with some deferred maintenance. Room for rent increases after some repairs are completed. Tenant is paying $800/mo and lease expires July of 2025. Great value for the improving area.
Last Agent to Sell the Property
Estansion Group by BLP Brokerage Email: blprealty@gmail.com License #RB14042294 Listed on: 11/26/2024
Last Buyer's Agent
Stuart Houghton
Keller Williams Indy Metro S
Home Details
Home Type
- Single Family
Year Built
- Built in 1950
Lot Details
- 8,102 Sq Ft Lot
Parking
- 2 Car Detached Garage
Home Design
- Traditional Architecture
- Block Foundation
- Stone
Interior Spaces
- 915 Sq Ft Home
- 1-Story Property
- Vinyl Clad Windows
- Combination Kitchen and Dining Room
- Luxury Vinyl Plank Tile Flooring
- Basement
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Community Details
- No Home Owners Association
- Forest Manor Subdivision
Listing and Financial Details
- Tax Lot 976
- Assessor Parcel Number 490721127060000101
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 5, 2025
Closed on
May 22, 2025
Sold by
Talko Llc
Bought by
Carlisle Marion
Seller's Agent
Stuart Houghton
Keller Williams Indy Metro S
Buyer's Agent
Michelle Anderson
Bold Realty LLC
List Price
$94,500
Sold Price
$80,000
Premium/Discount to List
-$14,500
-15.34%
Views
156
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.28%
Purchase Details
Listed on
Nov 26, 2024
Closed on
Dec 18, 2024
Sold by
Trident Realty Investments Reo Llc
Bought by
Talko Llc
Seller's Agent
Brian Pachciarz
Estansion Group by BLP
Buyer's Agent
Stuart Houghton
Keller Williams Indy Metro S
List Price
$79,900
Sold Price
$59,000
Premium/Discount to List
-$20,900
-26.16%
Views
12
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
106.47%
Purchase Details
Closed on
Aug 12, 2024
Sold by
Ross Martell
Bought by
Trident Realty Investments Reo Llc
Purchase Details
Closed on
Dec 12, 2022
Sold by
My Bricks And Sticks Llc
Bought by
Martell Ross
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
6.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 19, 2018
Purchase Details
Closed on
Jan 25, 2018
Sold by
Indy Jax P
Purchase Details
Closed on
Nov 8, 2017
Purchase Details
Closed on
Mar 22, 2013
Sold by
Marion County Auditor
Bought by
Marion County
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 |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $59,000 | None Listed On Document | |
| Deed In Lieu Of Foreclosure | $106,000 | None Listed On Document | |
| Warranty Deed | $50,000 | -- | |
| Warranty Deed | $50,000 | -- | |
| Deed | $5,000 | -- | |
| Warranty Deed | $5,000 | Monument Title | |
| Deed | $45,500 | -- | |
| Warranty Deed | $45,500 | Monument Title | |
| Quit Claim Deed | $45,500 | Monument Title | |
| Deed | $15,000 | -- | |
| Deed | $15,000 | Paramount Title Agency | |
| Deed | $10,200 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $106,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2025 05/23/25 | Sold | $80,000 | -8.0% | $87 / Sq Ft |
| 05/11/2025 05/11/25 | Price Changed | $87,000 | -3.2% | $95 / Sq Ft |
| 05/06/2025 05/06/25 | Price Changed | $89,900 | -2.8% | $98 / Sq Ft |
| 04/25/2025 04/25/25 | Price Changed | $92,500 | -2.1% | $101 / Sq Ft |
| 04/05/2025 04/05/25 | For Sale | $94,500 | +60.2% | $103 / Sq Ft |
| 12/19/2024 12/19/24 | Sold | $59,000 | -26.2% | $64 / Sq Ft |
| 11/26/2024 11/26/24 | Pending | -- | -- | -- |
| 11/26/2024 11/26/24 | For Sale | $79,900 | -- | $87 / 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 | $2,567 | $71,500 | $6,500 | $65,000 |
| 2023 | $2,567 | $81,800 | $6,500 | $75,300 |
| 2022 | $1,965 | $79,600 | $6,500 | $73,100 |
| 2021 | $4,349 | $58,400 | $6,500 | $51,900 |
| 2020 | $1,997 | $43,700 | $2,300 | $41,400 |
| 2019 | $3,577 | $41,800 | $2,300 | $39,500 |
| 2018 | $1,044 | $36,700 | $2,300 | $34,400 |
| 2017 | $5,554 | $31,900 | $2,300 | $29,600 |
| 2016 | $717 | $30,900 | $2,300 | $28,600 |
| 2014 | $657 | $30,400 | $2,300 | $28,100 |
| 2013 | -- | $34,400 | $2,300 | $32,100 |
Source: Public Records
Agents Affiliated with this Home
-
Stuart Houghton
Seller's Agent in 2025
Stuart Houghton
Keller Williams Indy Metro S
(815) 557-3253
18 in this area
134 Total Sales
-
Michelle Anderson
Buyer's Agent in 2025
Michelle Anderson
Bold Realty LLC
(314) 580-2781
4 in this area
165 Total Sales
-
Brian Pachciarz
Seller's Agent in 2024
Brian Pachciarz
Estansion Group by BLP
(317) 331-6765
3 in this area
65 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22013062
APN: 49-07-21-127-060.000-101
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