NOT LISTED FOR SALE

3438 Ashway Dr Indianapolis, IN 46224

Eagledale Neighborhood

Estimated Value: $156,000 - $183,662

3 Beds
1 Bath
1,901 Sq Ft
$91/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $51,000 $27 Per Sq Ft

Est. 240% increase in value since last sale

Current estimated payment $1,199/month

238 Days on Market

Highlights

  • Ranch Style House
  • Shed
  • Garage
  • Woodwork
  • Forced Air Heating and Cooling System
  • 5-minute walk to Faculty & 34th Park

About This Home

As of November 2016

Fully leased, turnkey investment package of 5 Eagledale properties with outstanding cash flow & cap rate! There's nothing to do here but collect the rent in these 3 bed/1 full bath single family ranches. The current owner has updated almost all major mechanicals, windows & roofs over the course of ownership. Just minutes from the Speedway, shopping, restaurants, bus routes & major commuting corridors. Highly rentable, great cap rate & long term tenants - it doesn't get any better than this!

Last Agent to Sell the Property

James Junkins

Indy's Performance Team Realty License #RB14038692 Listed on: 02/05/2016

Last Buyer's Agent

Joginder Sandhu

J Paul Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $966

Year Built

  • Built in 1962

Lot Details

  • 8,712 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • Ranch Style House
  • Slab Foundation
  • Aluminum Siding

Interior Spaces

  • 1,901 Sq Ft Home
  • Woodwork
  • Attic Access Panel
  • Fire and Smoke Detector
  • Range Hood

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Garage
  • Driveway

Outdoor Features

  • Shed

Utilities

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

Community Details

  • Regency Circle Courts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 49052412003600901

Home Details

Home Type

Single Family

Est. Annual Taxes

$966

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1962
  • Garage Y N: Yes
  • Lot Size Acres: 0.2
  • Subdivision Name: REGENCY CIRCLE COURTS
  • Inspection Warranties: Not Applicable
  • Property Description: Fully leased, turnkey investment package of 5 Eagledale properties with outstanding cash flow & cap rate! There's nothing to do here but collect the rent in these 3 bed/1 full bath single family ranches. The current owner has updated almost all major mechanicals, windows & roofs over the course of ownership. Just minutes from the Speedway, shopping, restaurants, bus routes & major commuting corridors. Highly rentable, great cap rate & long term tenants - it doesn't get any better than this!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Range Hood
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Wood Work Painted
  • Living Area: 1901
  • Other Equipment: Smoke Detector
  • Room Count: 8
  • Areas Interior: Foyer Small,Living Room Formal,Laundry Room Main Level,Bedroom Other on Main
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1901
  • Main Level Sq Ft: 1901
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Main Level
  • Total Sq Ft: 1901
  • Below Grade Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini, Driveway Asphalt, Fence Full Rear
  • Foundation Details: Slab
  • List Price: 51000
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Porch Open

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Attached

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: 49052412003600901
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Storm Sewer,Tree Mature
  • Lot Number: 9
  • Lot Size: 67x136

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 966
  • Semi Annual Property Tax Amt: 483
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2016
Closed on
Nov 30, 2016
Sold by
Ali Fayyaz
Bought by
Octain Member Paramjit S
Seller's Agent
James Junkins
Indy's Performance Team Realty
Buyer's Agent
Joginder Sandhu
J Paul Realty LLC
List Price
$295,000
Sold Price
$51,000
Premium/Discount to List
-$244,000
-82.71%
Current Estimated Value
$173,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,166
Avg. Annual Appreciation
13.97%
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
Octain Member Paramjit S $51,000 --
Onkar Holdings Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2016 11/30/16 Sold $51,000 -82.7% $27 / Sq Ft
10/01/2016 10/01/16 Pending -- -- --
02/05/2016 02/05/16 For Sale $295,000 -- $155 / 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 $3,060 $120,200 $7,600 $112,600
2023 $3,060 $124,500 $7,600 $116,900
2022 $2,914 $114,900 $7,600 $107,300
2021 $2,202 $91,000 $7,600 $83,400
2020 $2,094 $86,100 $7,600 $78,500
2019 $2,050 $82,700 $7,600 $75,100
2018 $1,816 $72,200 $7,600 $64,600
2017 $1,503 $66,400 $7,600 $58,800
2016 $923 $40,000 $7,600 $32,400
2014 $965 $44,500 $7,600 $36,900
2013 $929 $44,500 $7,600 $36,900
Source: Public Records

Agents Affiliated with this Home

  • James Junkins

    Seller's Agent in 2016

    James Junkins

    Indy's Performance Team Realty

    (317) 922-1481

    1 in this area

    101 Total Sales

    Section Image

  • J

    Buyer's Agent in 2016

    Joginder Sandhu

    J Paul Realty LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21397562

MIBOR Broker Listing Cooperative®

APN: 49-05-24-120-036.000-901

Indiana Marion County Indianapolis 46224 Eagledale

3438 Ashway Dr, Indianapolis, IN

This home is located at 3438 Ashway Dr, Indianapolis, IN 46224 since 05 February 2016 and is currently estimated at $173,166, approximately $91 per square foot. This property was built in 1962. 3438 Ashway Dr is a home located in Marion County with nearby schools including Lew Wallace School 107, Northwest Middle School, and George Washington Community High School (9-12).

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.

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