NOT LISTED FOR SALE

3518 Terrace Ave Indianapolis, IN 46203

Near Southeast Neighborhood

Estimated Value: $78,000 - $102,000

3 Beds
1 Bath
864 Sq Ft
$103/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $65,000 $75 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $594/month

745 Days on Market

Highlights

  • Ranch Style House
  • Formal Dining Room
  • Forced Air Heating System

About This Home

As of September 2022

Home for sale alone or as a package. Currently rented for $795 a month. As -is. Tenant pays own utilities. Appliances owned by the tenant. Start making money for your future today

Last Agent to Sell the Property

Joe Bottorff

Doc Real Estate, Inc Listed on: 09/01/2020

Last Buyer's Agent

Cole McDaniel

Snyder Strategy Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $592

Year Built

  • Built in 1968

Lot Details

  • 6,142 Sq Ft Lot

Home Design

  • Ranch Style House

Interior Spaces

  • 864 Sq Ft Home
  • Window Screens
  • Formal Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Prospect Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491017121035000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$592

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1968
  • Building Area Total: 864
  • Garage Y N: No
  • Lot Size Acres: 0.141
  • Subdivision Name: PROSPECT HEIGHTS
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: joe@docrealestate.net
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Screens Some
  • Other Equipment: Not Applicable
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 864
  • Main Level Sq Ft: 864
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0

Exterior Features

  • Construction Materials: Other
  • Disclosures: Not Applicable
  • Foundation Details: Crawl Space
  • List Price: 67500
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: Other
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Other

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491017121035000101
  • Acres: <1/4 Acre
  • Lot Number: 110
  • Lot Size: 6,142

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 592
  • Semi Annual Property Tax Amt: 296
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Aug 31, 2022
Sold by
Easy Rentals Llc
Bought by
Rickey Jon and King Joe
Seller's Agent
Joe Bottorff
Doc Real Estate, Inc
Buyer's Agent
Cole McDaniel
Snyder Strategy Realty, Inc
List Price
$67,500
Sold Price
$65,000
Premium/Discount to List
-$2,500
-3.7%
Current Estimated Value
$88,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,732
Avg. Annual Appreciation
10.12%
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
Rickey Jon -- Quality Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $65,000 0.0% $75 / Sq Ft
09/16/2022 09/16/22 Pending -- -- --
09/01/2020 09/01/20 Off Market $65,000 -- --
09/01/2020 09/01/20 For Sale $67,500 -- $78 / 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 $1,336 $50,100 $7,900 $42,200
2023 $1,336 $53,400 $7,900 $45,500
2022 $1,199 $47,900 $7,900 $40,000
2021 $1,001 $40,500 $7,900 $32,600
2020 $883 $35,300 $7,900 $27,400
2019 $657 $25,100 $3,200 $21,900
2018 $649 $24,600 $3,200 $21,400
2017 $531 $22,100 $3,200 $18,900
2016 $510 $21,600 $3,200 $18,400
2014 $508 $23,500 $3,200 $20,300
2013 $514 $23,500 $3,200 $20,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Joe Bottorff

    Doc Real Estate, Inc

    Section Image

  • C

    Buyer's Agent in 2022

    Cole McDaniel

    Snyder Strategy Realty, Inc

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21734821

MIBOR Broker Listing Cooperative®

APN: 49-10-17-121-035.000-101

Indiana Marion County Indianapolis 46203 Near Southeast

3518 Terrace Ave, Indianapolis, IN

This home is located at 3518 Terrace Ave, Indianapolis, IN 46203 since 01 September 2020 and is currently estimated at $88,732, approximately $102 per square foot. This property was built in 1968. 3518 Terrace Ave is a home located in Marion County with nearby schools including Paul I. Miller School No. 114, 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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