NOT LISTED FOR SALE

3506 N Colorado Ave Indianapolis, IN 46218

Forest Manor Neighborhood

Estimated Value: $116,000 - $154,000

2 Beds
3 Baths
1,536 Sq Ft
$87/Sq Ft Est. Value

Last Sold November 26, 2012

Last sale price $10,500 $7 Per Sq Ft

Est. 1,230% increase in value since last sale

Current estimated payment $915/month

About This Home

As of September 2013

Beautiful all brick, 2 bedroom, I Bath in awesome neighborhood. Home is available immediately. A Must See!

Last Agent to Rent the Property

Mark Studebaker

Trueblood Real Estate License #RB14045920 Listed on: 06/05/2013

Trueblood Real Estate

Last Renter's Agent

Phillip Tinsley

The Tinsley Team, LLC

The Tinsley Team, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,923

Year Built

  • 1947

Lot Details

  • 7,449

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Security Deposit $625

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,923

Year Built

1947

Lot Details

0

Rental Info

  • Lease Price: 625.00
  • Min Lease Req: 12
  • Security Deposit: 625
  • Smoking: 0
  • Tenant Pays: All Utilities, Lawncare

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Not Applicable
  • Transaction Type: Lease
  • Architectural Style: Bungalow
  • Directions: Emerson Ave North to 34th St, West to Colorado Ave, North to home
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: VIRGINIA MANOR
  • Special Features: None
  • Year Built: 1947

Interior Features

  • Appliances: Refrigerator
  • Has Basement: Unfinished
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 768
  • Main Level Sq Ft: 768
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Main Level
  • Below Grade Sq Ft: 768
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Bathroom Areas: 3.0000
  • Optional Level Below Grade: Basement
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Wood Work Painted
  • Other Equipment: Smoke Detector
  • Owner Pays: No Utilities

Exterior Features

  • Foundation Details: Block
  • Construction Type: Brick
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Utility Options: Cable Available
  • Water Heater: Gas
  • Sewer: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: W/Approval

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Sidewalks
  • Lot Number: 82
  • Lot Size: 0.00 AC

Tax Info

  • Tax Year: 2012

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2023
Sold by
Schott Ashley and Schott Kevin
Bought by
Biggschott Investments Llc
Current Estimated Value
$139,685

Purchase Details

Closed on
May 19, 2023
Sold by
Schott Ashley and Schott Kevin
Bought by
Biggschott Investments Llc

Purchase Details

Closed on
Oct 26, 2022
Sold by
Biggschott Investments Llc
Bought by
Schott Ashley and Schott Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,250
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2022
Sold by
Biggschott Investments Llc
Bought by
Schott Ashley and Schott Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,250
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2021
Sold by
Adamsaaa Llc
Bought by
Biggschott Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$871,162
Interest Rate
2.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 30, 2021
Sold by
Adamsaaa Llc
Bought by
Biggschott Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$871,162
Interest Rate
2.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 19, 2016
Sold by
Caring Hands Oc Llc
Bought by
Linwood Indy Llc

Purchase Details

Closed on
Jun 2, 2016
Sold by
Indianapolis Neighborhood Housing Group
Bought by
Caring Hands In Oc Llc

Purchase Details

Listed on
Sep 11, 2012
Closed on
Dec 6, 2012
Sold by
Bush Sheila
Bought by
Indianapolis Neighborhood Housing Gro
Seller's Agent
John Abernathy
Abernathy, REALTORS Inc.
Buyer's Agent
Mark Studebaker
Trueblood Real Estate
List Price
$10,500
Sold Price
$10,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.00%

Purchase Details

Listed on
Sep 11, 2012
Closed on
Nov 26, 2012
Sold by
Bush Sheila
Bought by
Group Llc
Seller's Agent
John Abernathy
Abernathy, REALTORS Inc.
Buyer's Agent
Mark Studebaker
Trueblood Real Estate
List Price
$10,500
Sold Price
$10,500

Purchase Details

Closed on
Sep 21, 2007
Sold by
Keown Joette Bailey and Keown James
Bought by
Bush Sheila

Purchase Details

Closed on
Sep 8, 2002
Sold by
Sullivan Fundin Group Inc
Bought by
Bailey Joette and Keown James
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
Biggschott Investments Llc -- None Listed On Document
Biggschott Investments Llc -- None Listed On Document
Schott Ashley -- None Listed On Document
Schott Ashley -- --
Biggschott Investments Llc -- None Listed On Document
Biggschott Investments Llc -- None Available
Linwood Indy Llc -- Attorney
Caring Hands In Oc Llc -- Atlantis Title Services Inc
Indianapolis Neighborhood Housing Gro -- --
Group Llc $10,500 --
Bush Sheila -- None Available
Bailey Joette -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schott Ashley $92,250
Previous Owner Biggschott Investments Llc $871,162
Previous Owner Biggschott Investments Llc $871,162
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2013 09/19/13 Rented $625 0.0% --
08/01/2013 08/01/13 Under Contract -- -- --
06/05/2013 06/05/13 For Rent $625 0.0% --
11/26/2012 11/26/12 Sold $10,500 0.0% $7 / Sq Ft
11/10/2012 11/10/12 Pending -- -- --
09/11/2012 09/11/12 For Sale $10,500 -- $7 / 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 $1,923 $80,600 $6,000 $74,600
2023 $1,923 $75,800 $6,000 $69,800
2022 $1,869 $74,000 $6,000 $68,000
2021 $1,646 $66,200 $6,000 $60,200
2020 $1,341 $52,900 $2,300 $50,600
2019 $1,390 $54,100 $2,300 $51,800
2018 $1,270 $48,700 $2,300 $46,400
2017 $1,122 $47,800 $2,300 $45,500
2016 $1,089 $47,400 $2,300 $45,100
2014 $843 $44,900 $2,300 $42,600
2013 $482 $48,700 $2,300 $46,400
Source: Public Records

Agents Affiliated with this Home

  • Mark Studebaker

    Landlord's Agent in 2013

    Mark Studebaker

    Trueblood Real Estate

    (317) 716-3087

    294 Total Sales

    Mark Studebaker
    Section Image

  • P

    Tenant's Agent in 2013

    Phillip Tinsley

    House Counsel Realty

    (317) 353-4695

    33 Total Sales

    Phillip Tinsley
    Section Image
  • John Abernathy

    Seller's Agent in 2012

    John Abernathy

    Abernathy, REALTORS Inc.

    (317) 290-6878

    2 in this area

    13 Total Sales

    John Abernathy
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21236667

MIBOR Broker Listing Cooperative®

APN: 49-07-21-129-054.000-101

Indiana Marion County Indianapolis 46218 Forest Manor

3506 N Colorado Ave, Indianapolis, IN

This home is located at 3506 N Colorado Ave, Indianapolis, IN 46218 since 05 June 2013 and is currently priced at $133,518. This property was built in 1947. 3506 N Colorado 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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