NOT LISTED FOR SALE

3413 W Michigan St Indianapolis, IN 46222

Fairfax Neighborhood

Estimated Value: $125,608 - $177,000

3 Beds
1.5 Baths
2,706 Sq Ft
$53/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $18,100 $7 Per Sq Ft

Est. 695% increase in value since last sale

Current estimated payment $938/month

77 Days on Market

Highlights

  • Traditional Architecture
  • Woodwork
  • Family or Dining Combination

About This Home

As of January 2020

Great investment property, with tenants already n place. This neighborhood is currently growing rapidly and you could have the chance to purchase in the beginning of improvements.

Last Agent to Sell the Property

Patricia Wilson

BHB Real Estate Group License #RB14049502 Listed on: 11/03/2019

Co-Listed By

Michael Harris

BHB Real Estate Group License #RB16001558

Last Buyer's Agent

Patricia Wilson

BHB Real Estate Group License #RB14049502 Listed on: 11/03/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1.5-Story Property
  • Woodwork
  • Family or Dining Combination
  • Basement
  • Basement Cellar

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Malvern Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491105125086000901

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2012
  • Year Built: 1900
  • Co List Office Phone: 317-917-1705
  • Garage Y N: No
  • Lot Size Acres: 0.11
  • Subdivision Name: MALVERN
  • Inspection Warranties: Not Applicable
  • Property Description: Great investment property, with tenants already n place. This neighborhood is currently growing rapidly and you could have the chance to purchase in the beginning of improvements.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Cellar
  • Appliances: None
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Wood Work Painted
  • Living Area: 2706
  • Other Equipment: Not Applicable
  • Room Count: 7
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1584
  • Main Level Sq Ft: 1122
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2706
  • Below Grade Sq Ft: 1122
  • Upper Level Sq Ft: 462
  • 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
  • Garage Parking Other: Assigned Parking Outside

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: See Remarks
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491105125086000901
  • Acres: <1/4 Acre
  • Lot Number: 18
  • Lot Size: 34x135

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1182
  • Semi Annual Property Tax Amt: 591
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2023
Sold by
Tracy Larry
Bought by
Bhb Investments Llc
Current Estimated Value
$143,902

Purchase Details

Listed on
Nov 3, 2019
Closed on
Jan 3, 2020
Sold by
Jda Enterprise Llc
Bought by
Tracy Larry
Seller's Agent
Patricia Wilson
BHB Real Estate Group
Buyer's Agent
Patricia Wilson
BHB Real Estate Group
List Price
$35,000
Sold Price
$18,100
Premium/Discount to List
-$16,900
-48.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.50%

Purchase Details

Closed on
Jun 20, 2016
Sold by
Oceanpointe Investments Limited
Bought by
Jda Enterprise Llc

Purchase Details

Closed on
Jul 15, 2015
Sold by
Elden Investments Llc
Bought by
Ocg Indianapolis Llc

Purchase Details

Closed on
Mar 16, 2015
Sold by
Gc Silver Llc
Bought by
Nyo Properties Llc

Purchase Details

Listed on
Jun 17, 2012
Closed on
Aug 6, 2012
Sold by
New American Funding Group Llc
Bought by
Gc Silver Llc
Seller's Agent
Tad Aschliman
@properties
Buyer's Agent
Scott Armstrong
Armstrong Real Estate Brokerag
List Price
$12,000
Sold Price
$12,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.66%

Purchase Details

Closed on
Jun 8, 2009
Sold by
Mwangi Daniel and Mwangi Daniel K
Bought by
New American Funding Group Llc

Purchase Details

Closed on
Jul 28, 2006
Sold by
Blankenship Michael J
Bought by
Mwangi Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,250
Interest Rate
6.85%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Bhb Investments Llc -- None Listed On Document
Tracy Larry -- None Available
Jda Enterprise Llc -- Mtc
Oceanpointe Investments Limited -- Mtc
Ocg Indianapolis Llc -- None Available
Elden Investments Llc -- Attorney
Nyo Properties Llc -- None Available
Gc Silver Llc -- None Available
New American Funding Group Llc $22,000 None Available
Mwangi Daniel -- Progressive Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mwangi Daniel $55,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2020 01/31/20 Sold $18,100 -48.3% $7 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
12/03/2019 12/03/19 For Sale $35,000 0.0% $13 / Sq Ft
11/18/2019 11/18/19 Pending -- -- --
11/03/2019 11/03/19 Price Changed $35,000 +900.0% $13 / Sq Ft
11/03/2019 11/03/19 For Sale $3,500 -70.8% $1 / Sq Ft
08/08/2012 08/08/12 Sold $12,000 0.0% $4 / Sq Ft View Prior Sale
08/01/2012 08/01/12 Pending -- -- --
06/17/2012 06/17/12 For Sale $12,000 -- $4 / 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 $2,215 $92,600 $2,900 $89,700
2023 $2,215 $89,700 $2,900 $86,800
2022 $2,095 $85,100 $2,900 $82,200
2021 $1,390 $56,600 $2,900 $53,700
2020 $1,148 $46,000 $2,900 $43,100
2019 $1,082 $42,400 $2,900 $39,500
2018 $1,051 $40,800 $2,900 $37,900
2017 $933 $40,300 $2,900 $37,400
2016 $1,043 $46,600 $2,900 $43,700
2014 $1,042 $48,200 $2,900 $45,300
2013 $1,131 $45,100 $2,900 $42,200
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Patricia Wilson

    BHB Real Estate Group

    (317) 908-8862

    11 Total Sales

    Patricia Wilson
    Section Image

  • M

    Seller Co-Listing Agent in 2020

    Michael Harris

    BHB Real Estate Group

    (317) 697-7101

    10 Total Sales

    Michael Harris
    Section Image
  • Tad Aschliman

    Seller's Agent in 2012

    Tad Aschliman

    @properties

    (317) 696-8823

    22 Total Sales

    Tad Aschliman
    Section Image

  • S

    Buyer's Agent in 2012

    Scott Armstrong

    Armstrong Real Estate Brokerag

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21679469

MIBOR Broker Listing Cooperative®

APN: 49-11-05-125-086.000-901

Indiana Marion County Indianapolis 46222 Fairfax

3413 W Michigan St, Indianapolis, IN

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