NOT LISTED FOR SALE

3502 N Drexel Ave Indianapolis, IN 46218

Forest Manor Neighborhood

Estimated Value: $110,000 - $121,000

1 Bed
1 Bath
883 Sq Ft
$131/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $15,750 $18 Per Sq Ft

Est. 634% increase in value since last sale

Current estimated payment $737/month

330 Days on Market

Highlights

  • No HOA
  • Wood Frame Window
  • 1-Story Property

About This Home

As of November 2022

Renew Indianapolis operates the Land Bank. Properties are sold through an application and approval process via the Renew Indianapolis website; application requires proof of funds and project proposal. Requests to see the property may be made via Renew's website. Price is non-negotiable. Proposed construction/rehab must be completed within 24 months and before the resale of property can occur.

Last Agent to Sell the Property

Stephanie Quick

Intend Indiana, Inc. Brokerage Email: intendblc@intendindiana.org License #RB20000351 Listed on: 10/01/2019

Last Buyer's Agent

Stephanie Quick

Intend Indiana, Inc. Brokerage Email: intendblc@intendindiana.org License #RB20000351 Listed on: 10/01/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1946

Lot Details

  • 8,276

Interior Spaces

  • 1-Story Property
  • Wood Frame Window

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • 8,276 Sq Ft Lot
  • Water Heater

Community Details

  • No Home Owners Association
  • Forest Manor Subdivision

Listing and Financial Details

  • Tax Lot 1085618
  • Assessor Parcel Number 490721127022000101

Home Details

Home Type

Single Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1946
  • Building Area Total: 883
  • Garage Y N: No
  • Lot Size Acres: 0.19
  • Subdivision Name: Forest Manor
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: intendblc@intendindiana.org
  • Attribution Contact: intendblc@intendindiana.org
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Other, Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Below Grade Sq Ft: 883
  • Interior Amenities: Windows Wood
  • Living Area: 883
  • Main Level Bedrooms: 1
  • Other Equipment: Not Applicable
  • Eating Area: Other Eating Area
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 883
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Other
  • Disclosures: Not Applicable
  • Foundation Details: See Remarks
  • List Price: 15750

Garage/Parking

  • Parking Features: None
  • Fuel: No Fuel Source

Utilities

  • Cooling: Other
  • Heating: Other
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 8276
  • Parcel Number: 490721127022000101
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 908
  • Tax Lot: 1085618
  • Semi Annual Property Tax Amt: 454
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2019
Closed on
Dec 8, 2022
Sold by
Renew Indianapolis Inc
Bought by
Acuff Shameeka
Seller's Agent
Stephanie Quick
Intend Indiana, Inc.
Buyer's Agent
Stephanie Quick
Intend Indiana, Inc.
List Price
$17,500
Sold Price
$15,750
Premium/Discount to List
-$1,750
-10%
Current Estimated Value
$115,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,853
Avg. Annual Appreciation
101.26%

Purchase Details

Closed on
Mar 15, 2022
Sold by
City Of Indianapolis Department Of Metro
Bought by
Renew Indianapolis Inc

Purchase Details

Closed on
Mar 8, 2022
Sold by
City Of Indianapolis Department Of Metro
Bought by
Renew Indianapolis Inc

Purchase Details

Closed on
Mar 3, 2022
Sold by
City Of Indianapolis Department Of Metro
Bought by
Renew Indianapolis Inc

Purchase Details

Closed on
Jul 15, 2015
Sold by
Nyo Properties Llc
Bought by
Elden Investments Llc

Purchase Details

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

Purchase Details

Closed on
Oct 11, 2012
Sold by
Ild Llc
Bought by
Gc Silver Llc

Purchase Details

Closed on
Jun 22, 2012
Sold by
Marion County Board Of Commissioners Cit
Bought by
Indy I Redevelopment Llc

Purchase Details

Closed on
Jun 21, 2012
Sold by
Endeavor Construction & Development Llc
Bought by
County Of Marion

Purchase Details

Closed on
Jun 26, 2008
Sold by
Bank Of New York
Bought by
Endeavor Construction & Development Llc

Purchase Details

Closed on
May 16, 2007
Sold by
Countrywide Home Loans Inc
Bought by
Bank Of New York

Purchase Details

Closed on
Apr 27, 2007
Sold by
Wilkerson Jameleah
Bought by
Wells Fargo Bank

Purchase Details

Closed on
Feb 28, 2006
Sold by
Phasel Investment Properties Llc
Bought by
Wilkerson Jamesclah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
9.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 18, 2005
Sold by
Fannie Mae
Bought by
Phase 1 Investment Properties

Purchase Details

Closed on
May 2, 2005
Sold by
Mason Charles H and Mason Michelle R
Bought by
Fannie Mae and Federal National Mortgage Association
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
Acuff Shameeka -- --
Renew Indianapolis Inc -- Kinney Sheila
Renew Indianapolis Inc -- Kinney Sheila
Renew Indianapolis Inc $8,662 Kinney Sheila
Elden Investments Llc -- Attorney
Nyo Properties Llc -- None Available
Gc Silver Llc -- --
Ild Llc -- --
Indy I Redevelopment Llc $6,200 None Available
County Of Marion $3,964 None Available
Endeavor Construction & Development Llc -- None Available
Bank Of New York -- None Available
Wells Fargo Bank $36,000 None Available
Wilkerson Jamesclah -- None Available
Phase 1 Investment Properties -- None Available
Fannie Mae $65,436 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilkerson Jamesclah $57,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $15,750 0.0% $18 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
05/08/2020 05/08/20 Price Changed $15,750 -10.0% $18 / Sq Ft
02/27/2020 02/27/20 For Sale $17,500 0.0% $20 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
10/01/2019 10/01/19 For Sale $17,500 -- $20 / 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 $1,465 $64,000 $7,200 $56,800
2023 $1,465 $60,400 $7,200 $53,200
2022 $0 $59,000 $7,200 $51,800
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $940 $38,100 $2,500 $35,600
2017 $4,662 $37,700 $2,500 $35,200
2016 $1,603 $38,300 $2,500 $35,800
2014 $781 $36,100 $2,500 $33,600
2013 $813 $39,100 $2,500 $36,600
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Stephanie Quick

    Intend Indiana, Inc.

    (317) 989-2162

    3 in this area

    178 Total Sales

    Stephanie Quick
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21672188

MIBOR Broker Listing Cooperative®

APN: 49-07-21-127-022.000-101

Indiana Marion County Indianapolis 46218 Forest Manor

3502 N Drexel Ave, Indianapolis, IN

This home is located at 3502 N Drexel Ave, Indianapolis, IN 46218 since 01 October 2019 and is currently estimated at $115,603, approximately $130 per square foot. This property was built in 1946. 3502 N Drexel Ave is a home located in Marion County with nearby schools including James Russell Lowell School 51, Arlington Community Middle School, and Arsenal Technical High School.

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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