NOT LISTED FOR SALE

3506 N Bancroft St Indianapolis, IN 46218

Forest Manor Neighborhood

Estimated Value: $77,000 - $114,000

2 Beds
1 Bath
1,440 Sq Ft
$70/Sq Ft Est. Value

Last Sold December 02, 2022

Last sale price $55,000 $38 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $585/month

146 Days on Market

Highlights

  • Bungalow
  • Forced Air Heating System
  • Combination Dining and Living Room
  • 1-Story Property

About This Home

As of December 2022

Brick front two bedroom one bath home. Combo Living/dining area leads to kitchen all with laminated hardwood flooring. Large The enclosed Sunroom was previously used as a Family room. All room sizes are approximated. This home has loads of potential and is ready for your personal touch. Unfinished basement provides extra storage space. Home to be sold As Is. Please include AS IS Addendum with all offers.

Last Agent to Sell the Property

Valarie Harmon

Harrison House Real Estate Ser Listed on: 06/30/2022

Last Buyer's Agent

Valarie Harmon

Harrison House Real Estate Ser Listed on: 06/30/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,162

Year Built

  • Built in 1948

Lot Details

  • 8,320 Sq Ft Lot

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • Combination Dining and Living Room
  • Laminate Flooring
  • Security System Leased
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • Tatman Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490721105031000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,162

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1948
  • Building Area Total: 1440
  • Garage Y N: No
  • Lot Size Acres: 0.191
  • Subdivision Name: TATMAN MANOR
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: val.harmon@yahoo.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: None, Other
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Windows Vinyl
  • Other Equipment: Security Alarm Rented
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 720
  • Main Level Sq Ft: 720
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Below Grade Sq Ft: 720
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Vinyl With Stone
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 72500
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: Window Unit(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490721105031000101
  • Acres: <1/4 Acre
  • Lot Number: 62
  • Lot Size: 8,320

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1162
  • Semi Annual Property Tax Amt: 581
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Dec 2, 2022
Sold by
Sfgm Llc
Bought by
Arguet Ismeal
Seller's Agent
Valarie Harmon
Harrison House Real Estate Ser
Buyer's Agent
Valarie Harmon
Harrison House Real Estate Ser
List Price
$72,500
Sold Price
$55,000
Premium/Discount to List
-$17,500
-24.14%
Total Days on Market
146
Views
15
Current Estimated Value
$100,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,167
Avg. Annual Appreciation
20.80%

Purchase Details

Closed on
May 11, 2019
Sold by
Melvin Richard L and Melvin Joanne D
Bought by
Melvin Richard L and Richard L Melvin Living Trust
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
Arguet Ismeal $63,000 --
Sfgm Llc $63,000 --
Melvin Richard L -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2022 12/02/22 Sold $55,000 -24.1% $38 / Sq Ft
11/23/2022 11/23/22 Pending -- -- --
11/12/2022 11/12/22 For Sale $72,500 +31.8% $50 / Sq Ft
09/23/2022 09/23/22 Off Market $55,000 -- --
09/07/2022 09/07/22 For Sale $72,500 0.0% $50 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/16/2022 08/16/22 Price Changed $72,500 -12.1% $50 / Sq Ft
06/30/2022 06/30/22 For Sale $82,500 -- $57 / 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 $462 $60,900 $6,400 $54,500
2023 $462 $57,400 $6,400 $51,000
2022 $517 $56,100 $6,400 $49,700
2021 $1,247 $50,400 $6,400 $44,000
2020 $1,084 $42,600 $3,400 $39,200
2019 $1,126 $43,600 $3,400 $40,200
2018 $1,042 $39,700 $3,400 $36,300
2017 $946 $40,200 $3,400 $36,800
2016 $864 $37,400 $3,400 $34,000
2014 $778 $35,300 $3,400 $31,900
2013 $1,099 $38,200 $3,400 $34,800
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2022

    Valarie Harmon

    Harrison House Real Estate Ser

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21867187

MIBOR Broker Listing Cooperative®

APN: 49-07-21-105-031.000-101

Indiana Marion County Indianapolis 46218 Forest Manor

3506 N Bancroft St, Indianapolis, IN

This home is located at 3506 N Bancroft St, Indianapolis, IN 46218 since 30 June 2022 and is currently estimated at $100,167, approximately $69 per square foot. This property was built in 1948. 3506 N Bancroft St 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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