NOT LISTED FOR SALE

Estimated Value: $117,000 - $137,872

3 Beds
2 Baths
1,976 Sq Ft
$64/Sq Ft Est. Value

Last Sold January 18, 2018

Last sale price $47,000 $24 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $876/month

149 Days on Market

Highlights

  • Vaulted Ceiling
  • Storm Windows
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • Shed
  • Garage

About This Home

As of January 2018

Nice 3BR, 2BA home just waiting for your finishing touches. Large covered wood deck leads to "cabana" that would make an awesome mancave, playroom or guest quarters. 1 year old roof, newer HVAC, windows, laminate floors & new water heater. Fully fenced backyard for pets or the little ones and very low taxes make this home even more attractive. 2 car carport in rear and guest parking in front. This property would make a great home for those on a serious budget or a great rental property. Come check it out!!

Last Agent to Sell the Property

Joy Hickman

United Real Estate Indpls License #RB14045403 Listed on: 08/02/2017

United Real Estate Indpls

Last Buyer's Agent

Kris Strohmeyer-lett

Fathom Realty

Fathom Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $426

Year Built

  • Built in 1946

Lot Details

  • 10,454 Sq Ft Lot
  • Privacy Fence
  • Back Yard Fenced

Parking

  • Garage

Home Design

  • Ranch Style House
  • Bungalow
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,976 Sq Ft Home
  • Vaulted Ceiling
  • Window Screens
  • Finished Basement
  • Laundry in Basement
  • Attic Access Panel

Kitchen

  • Electric Oven
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Shed
  • Outbuilding

Utilities

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

Community Details

  • Mars Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491129111692000200

Home Details

Home Type

Single Family

Est. Annual Taxes

$426

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow, Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1946
  • Garage Y N: Yes
  • Lot Size Acres: 0.24
  • Subdivision Name: MARS HILL
  • Inspection Warranties: Not Applicable
  • Property Description: Nice 3BR, 2BA home just waiting for your finishing touches. Large covered wood deck leads to "cabana" that would make an awesome mancave, playroom or guest quarters. 1 year old roof, newer HVAC, windows, laminate floors & new water heater. Fully fenced backyard for pets or the little ones and very low taxes make this home even more attractive. 2 car carport in rear and guest parking in front. This property would make a great home for those on a serious budget or a great rental property. Come check it out!!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Disposal, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Vaulted Ceiling(s), Screens Complete, Storms Complete
  • Living Area: 1976
  • Other Equipment: Smoke Detector
  • Room Count: 8
  • Areas Interior: Laundry in Basement
  • Eating Area: Dining Combo/Living Room,Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 988
  • Main Level Sq Ft: 988
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Shower Stall Full
  • Total Sq Ft: 1976
  • Below Grade Sq Ft: 988
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 25-50%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini, Fence Full Rear, Fence Privacy, Out Building With Utilities
  • Foundation Details: Block
  • List Price: 49900
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Carport,None
  • Garage Parking Other: Guest Street Parking

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491129111692000200
  • Acres: <1/4 Acre
  • Lot Information: Storm Sewer,Tree Mature
  • Lot Number: 1494
  • Lot Size: 40x130

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 426
  • Semi Annual Property Tax Amt: 213
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Decatur Township
  • Schools: Decatur Central High,Decatur Middle,Stephen Decatur Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2023
Sold by
Indianapolis Real Estate Investments Llc
Bought by
Ruhl Investment Group Llc
Current Estimated Value
$126,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,187,625
Outstanding Balance
$3,762,710
Interest Rate
5.14%
Mortgage Type
New Conventional
Estimated Equity
-$3,645,866

Purchase Details

Closed on
Feb 6, 2023
Sold by
Indianapolis Real Estate Investments Llc
Bought by
Ruhl Investments Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,187,625
Outstanding Balance
$3,762,710
Interest Rate
5.14%
Mortgage Type
New Conventional
Estimated Equity
-$3,645,866

Purchase Details

Closed on
Jun 6, 2022
Sold by
Wanda Rice
Bought by
Indianapolis Real Estate Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,050
Interest Rate
5.27%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 2, 2017
Closed on
Jan 15, 2018
Sold by
Merrick Steven F
Bought by
Wanda Rice
Seller's Agent
Joy Hickman
United Real Estate Indpls
Buyer's Agent
Kris Strohmeyer-lett
Fathom Realty
List Price
$63,000
Sold Price
$47,000
Premium/Discount to List
-$16,000
-25.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.77%

Purchase Details

Closed on
Oct 18, 2010
Sold by
Cope Nancy J
Bought by
Merrick Steven F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,478
Interest Rate
4.36%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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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
Ruhl Investment Group Llc -- --
Ruhl Investments Group Llc -- --
Indianapolis Real Estate Investments Llc -- Kw Mann
Wanda Rice $47,000 --
Rice Wanda $47,000 Meridian Title Corporation
Merrick Steven F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ruhl Investments Group Llc $0
Open Ruhl Investments Group Llc $4,187,625
Previous Owner Rice Wanda $98,050
Previous Owner Indianapolis Real Estate Investments Llc $98,050
Previous Owner Merrick Steven F $49,249
Previous Owner Merrick Steven F $46,478
Previous Owner Cope Nancy J $45,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2018 01/18/18 Sold $47,000 -5.8% $24 / Sq Ft
12/30/2017 12/30/17 Pending -- -- --
10/27/2017 10/27/17 Price Changed $49,900 -15.4% $25 / Sq Ft
08/22/2017 08/22/17 Price Changed $59,000 -6.3% $30 / Sq Ft
08/02/2017 08/02/17 For Sale $63,000 -- $32 / 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 $2,225 $97,400 $4,400 $93,000
2023 $2,225 $92,000 $4,400 $87,600
2022 $679 $89,000 $4,400 $84,600
2021 $260 $53,700 $4,400 $49,300
2020 $157 $53,700 $4,400 $49,300
2019 $255 $53,700 $4,400 $49,300
2018 $564 $51,400 $4,400 $47,000
2017 $413 $45,100 $4,400 $40,700
2016 $425 $47,100 $4,400 $42,700
2014 $343 $44,200 $4,400 $39,800
2013 $328 $44,200 $4,400 $39,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21504093

MIBOR Broker Listing Cooperative®

APN: 49-11-29-111-692.000-200