NOT LISTED FOR SALE

3517 N Colorado Ave Indianapolis, IN 46218

Forest Manor Neighborhood

Estimated Value: $167,000 - $228,000

3 Beds
2 Baths
1,470 Sq Ft
$135/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $169,500 $115 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,101/month

32 Days on Market

Highlights

  • City View
  • No HOA
  • 1 Car Detached Garage
  • 1.5-Story Property
  • Breakfast Room
  • Eat-In Kitchen

About This Home

As of December 2023

This property is total remodeled with new kitchen, new flooring, new bathrooms, new windows main floor and basement total remodeled with a family room, bathroom, bedroom and laundry. There are two bedrooms main floor and one bedroom in the basement with bathroom in the basement. The house has a power garage opener, less than 5 minutes from interstate 70, just a few minutes from Washington and Wes Montgfomery parks, walking distance to the new Indigo bus line, minutes from fire and police stations. The seller will pay for Home Warranty.

Last Agent to Sell the Property

Lennie Frierson

Frierson's, LLC Brokerage Email: broker@friersonrealty.com License #RB14035388 Listed on: 09/30/2023

Last Buyer's Agent

Stacey Alexander

Dropped Members License #2360445116

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,192

Year Built

  • Built in 1945 | Remodeled

Lot Details

  • 6,752 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Property Views

  • City
  • Woods
  • Neighborhood

Home Design

  • 1.5-Story Property
  • Block Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • Paddle Fans
  • Family Room with Fireplace
  • Breakfast Room
  • Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Virgina Manor Subdivision

Listing and Financial Details

  • Tax Lot /64
  • Assessor Parcel Number 490721129064000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,192

Year Built

Built in 1945 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 1192
  • Year Built: 1945
  • Building Area Total: 1568
  • Garage Y N: Yes
  • Lot Size Acres: 0.16
  • Subdivision Name: Virgina Manor
  • Inspection Warranties: Not Applicable,See Remarks
  • Transaction Type: Sale
  • Website: lenniefrierson.net
  • Accessibility Features YN: No
  • MBR_AttributionContact: broker@friersonrealty.com
  • Attribution Contact: broker@friersonrealty.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Appliances: None, Dishwasher, Disposal, Gas Water Heater, Gas Oven, Refrigerator, Water Softener Owned
  • Levels: One and One Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 686
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Interior Amenities: Paddle Fan, Eat-in Kitchen
  • Living Area: 1470
  • Main Level Bedrooms: 2
  • Areas Interior: Bedroom Other on Main,Utility Room
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 784
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 4

Exterior Features

  • Construction Materials: Wood
  • Direction Faces: North
  • Foundation Details: Concrete Perimeter, Block, Full
  • List Price: 169500
  • Property Condition: Updated/Remodeled
  • View: City, Neighborhood, Trees/Woods
  • View Y N: Yes
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached
  • Fuel: No Fuel Source
  • Garage Sq Ft: 209

Utilities

  • Utilities: Gas
  • Cooling: Central Electric
  • Heating: Forced Air
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Lot Size Sq Ft: 6752
  • Parcel Number: 490721129064000101
  • Acres: <1/4 Acre
  • Price Acre: 1059375

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1192
  • Tax Lot: /64
  • Semi Annual Property Tax Amt: 596
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2023
Closed on
Dec 12, 2023
Sold by
Peak Shelter Realty Llc
Bought by
Smith Veronica
Seller's Agent
Lennie Frierson
Frierson's, LLC
Buyer's Agent
Stacey Alexander
Dropped Members
List Price
$169,500
Sold Price
$169,500
Views
166
Current Estimated Value
$198,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,226
Avg. Annual Appreciation
4.86%
Original Mortgage
$163,035
Outstanding Balance
$161,106
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$23,168

Purchase Details

Listed on
Oct 25, 2022
Closed on
Jun 9, 2023
Sold by
Staffney Birdie M
Bought by
Peak Shelter Realty Llc
Seller's Agent
Riley Hodge
F.C. Tucker Company
Buyer's Agent
Lennie Frierson
Frierson's, LLC
List Price
$65,000
Sold Price
$58,000
Premium/Discount to List
-$7,000
-10.77%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
686.42%
Original Mortgage
$57,598
Interest Rate
6.39%
Mortgage Type
New Conventional
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
Smith Veronica $169,500 Stewart Title Company
Peak Shelter Realty Llc $58,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Veronica $163,035
Previous Owner Peak Shelter Realty Llc $57,598
Previous Owner Staffney Vurna L $50,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $169,500 0.0% $115 / Sq Ft
11/06/2023 11/06/23 For Sale $169,500 0.0% $115 / Sq Ft
11/02/2023 11/02/23 Pending -- -- --
10/22/2023 10/22/23 Pending -- -- --
10/06/2023 10/06/23 Price Changed $169,500 -1.7% $115 / Sq Ft
09/30/2023 09/30/23 For Sale $172,500 +197.4% $117 / Sq Ft
06/09/2023 06/09/23 Sold $58,000 -10.8% $66 / Sq Ft
10/27/2022 10/27/22 Pending -- -- --
10/25/2022 10/25/22 For Sale $65,000 -- $74 / 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 $507 $170,800 $5,800 $165,000
2023 $507 $64,200 $5,800 $58,400
2022 $1,949 $62,700 $5,800 $56,900
2021 $1,277 $52,100 $5,800 $46,300
2020 $1,101 $44,400 $2,100 $42,300
2019 $1,139 $45,300 $2,100 $43,200
2018 $1,039 $40,800 $2,100 $38,700
2017 $929 $40,300 $2,100 $38,200
2016 $848 $37,300 $2,100 $35,200
2014 $786 $36,600 $2,100 $34,500
2013 $821 $39,600 $2,100 $37,500
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lennie Frierson

    Frierson's, LLC

    (317) 414-7889

    3 in this area

    22 Total Sales

    Lennie Frierson
    Section Image

  • R

    Seller's Agent in 2023

    Riley Hodge

    F.C. Tucker Company

    1 in this area

    2 Total Sales

    Riley Hodge
    Section Image

  • S

    Buyer's Agent in 2023

    Stacey Alexander

    Dropped Members

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21946069

MIBOR Broker Listing Cooperative®

APN: 49-07-21-129-064.000-101

Indiana Marion County Indianapolis 46218 Forest Manor

3517 N Colorado Ave, Indianapolis, IN

This home is located at 3517 N Colorado Ave, Indianapolis, IN 46218 since 30 September 2023 and is currently estimated at $198,726, approximately $135 per square foot. This property was built in 1945. 3517 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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