NOT LISTED FOR SALE

3514 N Drexel Ave Indianapolis, IN 46218

Forest Manor Neighborhood

Estimated Value: $91,000 - $149,000

3 Beds
2 Baths
972 Sq Ft
$119/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $75,000 $77 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $765/month

1 Day on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Forced Air Heating System
  • L-Shaped Dining Room
  • 1-Story Property
  • Carpet

About This Home

As of May 2023

Great investment opportunity or for a handy home buyer looking for their next home! This property features 3 bedrooms, 2 full baths, an extra room that can be a 4th bedroom, and 2 living spaces. So much potential! Come check it out today!

Last Agent to Sell the Property

Hayley Wild

Compass Indiana, LLC License #RB17001542 Listed on: 04/24/2023

Compass Indiana, LLC

Last Buyer's Agent

Darrin Galyean

My Agent License #RB14028265

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $874

Year Built

  • Built in 1947

Lot Details

  • 65 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1-Story Property
  • L-Shaped Dining Room
  • Carpet
  • Attic Access Panel
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Forest Manor Subdivision

Listing and Financial Details

  • Tax Lot 776
  • Assessor Parcel Number 490721127024000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$874

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1947
  • Building Area Total: 1728
  • Garage Y N: No
  • Subdivision Name: Forest Manor
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: hayley.wild@compass.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Appliances: None, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 108
  • Interior Amenities: Attic Access
  • Living Area: 972
  • Main Level Bedrooms: 3
  • Other Equipment: Not Applicable
  • Eating Area: Dining-L
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 864
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Block
  • List Price: 79900

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Cooling: None
  • Heating: Forced Air, Gas
  • 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: 65
  • Parcel Number: 490721127024000101
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 874
  • Tax Lot: 776
  • Semi Annual Property Tax Amt: 437
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
May 25, 2023
Sold by
Volador Alpha Llc
Bought by
Scholtens Llc
Seller's Agent
Hayley Wild
Compass Indiana, LLC
Buyer's Agent
Darrin Galyean
My Agent
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%
Views
69
Current Estimated Value
$115,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,262
Avg. Annual Appreciation
25.49%

Purchase Details

Listed on
Apr 24, 2023
Closed on
May 24, 2023
Sold by
Volador Alpha Llc
Bought by
Scholtens Llc
Seller's Agent
Hayley Wild
Compass Indiana, LLC
Buyer's Agent
Darrin Galyean
My Agent
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%
Views
69

Purchase Details

Closed on
Oct 12, 2018
Sold by
Rickey Jon
Bought by
Volador Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2018
Sold by
Erez Kovarsky
Bought by
Wright George M

Purchase Details

Closed on
Jun 26, 2009
Sold by
Paz Usa Lc
Bought by
Indiko Llc

Purchase Details

Closed on
Aug 26, 2008
Sold by
Bloomfield State Bank
Bought by
Paz Usa Llc

Purchase Details

Closed on
May 15, 2008
Sold by
Fred Butler Investment Company Inc
Bought by
Bloomfield State Bank

Purchase Details

Closed on
Feb 20, 2007
Sold by
Rjs Investments Inc
Bought by
Fred Butler Investmet Co Inc

Purchase Details

Closed on
Feb 19, 2007
Sold by
R J S Investments Inc
Bought by
Fred Butler Investment Co Inc

Purchase Details

Closed on
Apr 3, 2006
Sold by
Siegel Michael J
Bought by
Rjs Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.34%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 4, 2006
Sold by
National City Bank Of Indiana
Bought by
Rjs Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
16%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 29, 2005
Sold by
Milldebrooks Denita S
Bought by
National City Bank
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
Scholtens Llc -- Investors Title
Scholtens Llc $75,000 Investors Title
Volador Llc -- None Available
Wright George M $33,000 --
Indiko Llc -- None Available
Paz Usa Llc -- None Available
Bloomfield State Bank -- None Available
Fred Butler Investmet Co Inc -- None Available
Fred Butler Investment Co Inc -- None Available
Rjs Investments Inc -- Homequest Title
Siegel Michael J -- Homequest Title
Rjs Investments Inc -- None Available
National City Bank -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Volador Llc $102,750
Previous Owner Siegel Michael J $50,000
Previous Owner Rjs Investments Inc $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $75,000 -6.1% $77 / Sq Ft
04/26/2023 04/26/23 Pending -- -- --
04/24/2023 04/24/23 For Sale $79,900 -- $82 / 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 $1,665 $69,700 $7,000 $62,700
2023 $1,665 $65,700 $7,000 $58,700
2022 $1,620 $64,200 $7,000 $57,200
2021 $1,449 $58,400 $7,000 $51,400
2020 $905 $34,800 $2,400 $32,400
2019 $937 $35,600 $2,400 $33,200
2018 $854 $31,900 $2,400 $29,500
2017 $759 $31,400 $2,400 $29,000
2016 $750 $31,800 $2,400 $29,400
2014 $649 $30,000 $2,400 $27,600
2013 $875 $32,700 $2,400 $30,300
Source: Public Records

Agents Affiliated with this Home

  • Hayley Wild

    Seller's Agent in 2023

    Hayley Wild

    Compass Indiana, LLC

    (317) 405-7915

    3 in this area

    337 Total Sales

    Hayley Wild
    Section Image
  • Darrin Galyean

    Buyer's Agent in 2023

    Darrin Galyean

    My Agent

    (317) 201-4663

    1 in this area

    170 Total Sales

    Darrin Galyean
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21916570

MIBOR Broker Listing Cooperative®

APN: 49-07-21-127-024.000-101

Indiana Marion County Indianapolis 46218 Forest Manor

3514 N Drexel Ave, Indianapolis, IN

This home is located at 3514 N Drexel Ave, Indianapolis, IN 46218 since 24 April 2023 and is currently estimated at $115,262, approximately $118 per square foot. This property was built in 1947. 3514 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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