NOT LISTED FOR SALE

3502 W Farnsworth St Indianapolis, IN 46221

Estimated Value: $261,000 - $287,538

3 Beds
2.5 Baths
2,324 Sq Ft
$118/Sq Ft Est. Value

Last Sold August 23, 2023

Last sale price $260,000 $112 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,802/month

117 Days on Market

Highlights

  • Under Construction
  • City View
  • Corner Lot
  • Ben Davis University High School Rated A
  • Cathedral Ceiling
  • 2-minute walk to Bel Aire Park

About This Home

As of August 2023

Reduced Price for Immediate Sale of this 2 Stry with Crawl Space & Brick Frnt. Vaulted ceiling in Frnt rm, Wood fireplace and other modern features. 3 Bd rm. Mas. on 1st flr, 2.5 Ba, 2 Car Garage with Bump out. Lrg. yard with overflow parking spaces, sliding door patio deck with lots of potential for expansion. Lrg walk-in closets, large picture windows throughout hme. Appliances included. By far the hottest property on the market in this area, and for the price there's not a better turn-key buy. Close to downtown's clubs, eateries, etc. This home is setting the trend for new up-and-coming Neiborhood changes. Hurry up with your qualified buyer.

Last Agent to Sell the Property

Donald Ratliff

Dropped Members License #RB14042199 Listed on: 03/21/2023

Last Buyer's Agent

Donald Ratliff

Dropped Members License #RB14042199 Listed on: 03/21/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $456

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 0.3 Acre Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Guest Parking

Property Views

  • City
  • Neighborhood

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Cathedral Ceiling
  • Paddle Fans
  • Vinyl Clad Windows
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Storage
  • Laminate Flooring
  • Attic Access Panel

Kitchen

  • Eat-In Galley Kitchen
  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Home Security

  • Smart Thermostat
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Porch

Schools

  • Stout Field Elementary School
  • Lynhurst 7Th & 8Th Grade Center Middle School
  • Ben Davis Ninth Grade Center High School

Utilities

  • Electric Air Filter
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 9010852
  • Assessor Parcel Number 491120115011000970

Home Details

Home Type

Single Family

Est. Annual Taxes

$456

Year Built

Built in 2022 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Multi-Level
  • Builder Name: John Hast Constn.
  • Property Type: Residential
  • New Construction: Yes
  • Tax Year: 2022
  • Year Built: 2022
  • Building Area Total: 2412
  • Garage Y N: Yes
  • Lot Size Acres: 0.3
  • On Market Date: 2023-03-20
  • Subdivision Name: No Subdivision
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: Recibroker@gmail.com
  • Special Features: NewHome

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Laundry Connection in Unit, Microwave, Electric Oven, Refrigerator, Water Heater
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 612
  • Fireplace Features: Living Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Bath Sinks Double Main, Breakfast Bar, Cathedral Ceiling(s), Vaulted Ceiling(s), Paddle Fan, Hi-Speed Internet Availbl, Eat-in Kitchen, Pantry, Supplemental Storage, Walk-in Closet(s), Windows Vinyl, Wood Work Painted
  • Living Area: 2324
  • Other Equipment: Smoke Alarm
  • Spa Y N: No
  • Areas Interior: Bedroom Other on Main,Living Room - 2 Story,Utility Room
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1105
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Galley
  • Upper Level Sq Ft: 607
  • ResoLivingAreaSource: Builder

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Direction Faces: South
  • Exterior Features: Other
  • Foundation Details: Block
  • Patio And Porch Features: Open Patio, Porch Open
  • Property Condition: New Construction, Under Construction
  • View: City, Neighborhood
  • View Y N: No
  • Waterfront: No
  • Construction Stage: See Remarks

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Concrete, Guest Parking
  • Garage Parking Other: Service Door

Utilities

  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Cooling: Central Electric
  • Electric: 220 Volts
  • Heating: Electronic Air Filter, Electric
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No
  • Community Features: None

Schools

  • Middle Or Junior School: Lynhurst 7th & 8th Grade Center

Lot Info

  • Lot Features: Corner Lot, Not In Subdivision
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Lot Size Sq Ft: 13068
  • Parcel Number: 491120115011000970
  • Acres: 1/4-1/2 Acre

Green Features

  • Green Certification Y N: No
  • Smart Home Features: Thermostat - Programmable

Tax Info

  • Tax Annual Amount: 456
  • Tax Lot: 9010852
  • Semi Annual Property Tax Amt: 228
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • Elementary School: Stout Field Elementary School
  • High School: Ben Davis Ninth Grade Center

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2023
Closed on
Aug 23, 2023
Sold by
Trans Indy Express Llc
Bought by
Beyond Dream Homes Llc
Seller's Agent
Donald Ratliff
Dropped Members
Buyer's Agent
Donald Ratliff
Reality Home, LLC
List Price
$299,500
Sold Price
$260,000
Premium/Discount to List
-$39,500
-13.19%
Views
204
Current Estimated Value
$273,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,885
Avg. Annual Appreciation
2.39%
Original Mortgage
$230,000
Outstanding Balance
$157,950
Interest Rate
6.3%
Mortgage Type
Seller Take Back
Estimated Equity
$115,935

Purchase Details

Listed on
Mar 21, 2023
Closed on
Aug 18, 2023
Sold by
Trans Indy Express Llc
Bought by
Beyond Dream Homes Llc
Seller's Agent
Donald Ratliff
Dropped Members
Buyer's Agent
Donald Ratliff
Reality Home, LLC
List Price
$299,500
Sold Price
$260,000
Premium/Discount to List
-$39,500
-13.19%
Views
204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Outstanding Balance
$157,950
Interest Rate
6.3%
Mortgage Type
Seller Take Back
Estimated Equity
$115,935

Purchase Details

Closed on
Jul 15, 2021
Sold by
Esinvestments Llc
Bought by
Trans Indy Express Llc

Purchase Details

Closed on
Jan 29, 2020
Sold by
Marion County Auditor
Bought by
Es Investments Llc

Purchase Details

Closed on
May 15, 2013
Sold by
Snyder Robert M
Bought by
Snyder Louis M

Purchase Details

Closed on
Aug 21, 2007
Sold by
Homecomings Financial Llc
Bought by
Snyder Robert and Snyder Louis
Source: Public Records

Range of Values:

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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
Beyond Dream Homes Llc -- None Listed On Document
Beyond Dream Homes Llc $260,000 None Listed On Document
Trans Indy Express Llc $20,000 None Available
Es Investments Llc $2,212 None Available
Snyder Louis M $100 --
Snyder Louis M $100 --
Snyder Robert -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beyond Dream Homes Llc $230,000
Closed Beyond Dream Homes Llc $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2023 08/23/23 Sold $260,000 -7.0% $112 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
06/28/2023 06/28/23 Price Changed $279,500 -6.7% $120 / Sq Ft
03/21/2023 03/21/23 For Sale $299,500 -- $129 / 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 $4,411 $234,500 $12,300 $222,200
2023 $4,411 $216,600 $12,300 $204,300
2022 $412 $195,500 $12,300 $183,200
2021 $455 $12,300 $12,300 $0
2020 $455 $12,300 $12,300 $0
2019 $455 $12,300 $12,300 $0
2018 $412 $12,300 $12,300 $0
2017 $412 $12,300 $12,300 $0
2016 $412 $12,300 $12,300 $0
2014 $369 $12,300 $12,300 $0
2013 $246 $12,300 $12,300 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Donald Ratliff

    Dropped Members

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21873327

MIBOR Broker Listing Cooperative®

APN: 49-11-20-115-011.000-970

Indiana Marion County Indianapolis 46221

3502 W Farnsworth St, Indianapolis, IN

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