NOT LISTED FOR SALE

3527 W Michigan St Indianapolis, IN 46222

Fairfax Neighborhood

Estimated Value: $111,000 - $147,000

2 Beds
1 Bath
838 Sq Ft
$150/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $99,900 $119 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $911/month

30 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Woodwork
  • No HOA
  • 1 Car Detached Garage
  • 1-Story Property

About This Home

As of December 2023

Built in 1923, this timeless beauty exudes character. Boasting 2 spacious bedrooms, a well-appointed bathroom, and classic architectural details, it's a perfect canvas for renovation. Situated in the highly sought-after Fairfax neighborhood, this investment opportunity offers both historical charm and future potential. Don't miss out on this prime piece of Indianapolis real estate!

Last Agent to Sell the Property

Terry Young

Red Bridge Real Estate Brokerage Email: terry@redbridgerealestate.com Listed on: 10/09/2023

Last Buyer's Agent

Luis Coronel

Coronel Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,426

Year Built

  • Built in 1923

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Family Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 491105132001000901

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,426

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1923
  • Building Area Total: 1183
  • Garage Y N: Yes
  • Lot Size Acres: 0.11
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: terry@redbridgerealestate.com
  • Attribution Contact: terry@redbridgerealestate.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 49
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, WoodWorkStain/Painted
  • Living Area: 838
  • Main Level Bedrooms: 2
  • Eating Area: Separate Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 789
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 104900

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached
  • Garage Sq Ft: 288

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Lot Size Sq Ft: 4792
  • Parcel Number: 491105132001000901
  • Acres: <1/4 Acre
  • Price Acre: 908182

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1426
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 713

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2023
Sold by
Ellington Annie Y
Bought by
Simple Quarters Llc
Current Estimated Value
$126,081

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
7.09%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in Indianapolis, IN

  • 929 Olin Ave, Indianapolis, IN 46222

    $135,883

    • 3 Beds
    • 1 Bath
    • 720 Sq Ft
    • 929 Olin Ave
    • Indianapolis, IN

    An Investor's Perfect Play Cash Flow from Day One You've been searching for the perfect addition to your portfolio a property that doesn't just promise potential but delivers results from the start. Then, you find it. A fully remodeled, tenant-occupied **cash-flowing investment** that's already working for you. The numbers check out. The tenant is secured through September 2025, meaning

    Dana Rivers Resolute Realty

    Section Image
  • 3720 W 16th St, Indianapolis, IN 46222

    $154,900

    • 2 Beds
    • 1 Bath
    • 780 Sq Ft
    • 3720 W 16th St
    • Indianapolis, IN

    This completely remodeled 2-bedroom home is the perfect blend of charm and modern updates. Located within walking distance to the iconic Indianapolis Motor Speedway, it's an unbeatable spot for race fans or travelers looking to experience all Indy has to offer. With stylish finishes, cozy living spaces, and a layout designed for comfort, this property would make the perfect Airbnb or personal

    Whitney Christy Ever Real Estate, LLC

    Section Image
  • 1746 W Lambert St, Indianapolis, IN 46221

    $134,000

    • 3 Beds
    • 2 Baths
    • 1,131 Sq Ft
    • 1746 W Lambert St
    • Indianapolis, IN

    Welcome to this stunning, newly constructed 3-bedroom, 2-bathroom shotgun-style home, perfectly situated on the southwest side of Indianapolis. You will enjoy the charm and covenience of low-maintence. This modern gem offers a seamless blend of style, comfort, and convenience. This home feathers stainless steal appliances and washer and dyer that will be installed before closing.

    Jessica Green CityPlace Realty

    Section Image
  • 613 S Mickley Ave, Indianapolis, IN 46241

    $120,000

    • 2 Beds
    • 1 Bath
    • 888 Sq Ft
    • 613 S Mickley Ave
    • Indianapolis, IN

    Welcome to your new cozy home in Indy! This affordable property is perfect for the next lucky owners. Boasting 2 bedrooms and 1 bath, this charming home also features a convenient one-car garage with a workshop for all your DIY projects. Plus, you'll find two storage sheds for extra space. Situated close to shopping areas and just minutes away from the interstate, you'll enjoy both convenience

    Cindy Stockhaus Better Homes and Gardens Real Estate Gold Key

    Section Image
  • 1302 Lindley Ave, Indianapolis, IN 46241

    $135,000

    • 3 Beds
    • 1 Bath
    • 1,060 Sq Ft
    • 1302 Lindley Ave
    • Indianapolis, IN

    Welcome to your future home! This charming 3-bedroom residence offers a perfect blend of comfort and potential, making it an ideal starter home for anyone looking to establish roots in a welcoming neighborhood. With an updated bath and a cozy layout, this home is ready to embrace your personal touch. Step inside to discover a bright, airy living space where natural light filters through large

    Nancy Warfield F.C. Tucker Company

    Section Image
  • 1602 Villa Ave, Indianapolis, IN 46203

    $155,000

    • 3 Beds
    • 1 Bath
    • 1,006 Sq Ft
    • 1602 Villa Ave
    • Indianapolis, IN

    Charming, Cheerful, and Move-In Ready! Welcome to 1602 Villa Ave, a delightful 3-bedroom, 1-bathroom home that perfectly blends vintage character with fresh updates. Whether you're looking for your first home or a fresh start in a new space, this one checks all the boxes. Step inside and you'll be greeted by brand-new flooring, fresh modern paint, and an open living and dining area that's

    Dana Rivers Resolute Realty

    Section Image
  • 3505 Ralston Ave, Indianapolis, IN 46218

    $137,998

    • 2 Beds
    • 1 Bath
    • 768 Sq Ft
    • 3505 Ralston Ave
    • Indianapolis, IN

    Fully Remodeled Charmer with Endless Potential! Welcome home to 3505 Ralston Ave, where modern updates meet timeless comfort in a quiet neighborhood just minutes from the Monon Trail, perfect for morning jogs, evening strolls, or weekend bike rides. Step inside to a beautifully remodeled interior featuring luxury vinyl plank (LVP) flooring throughout, offering both durability and style. The heart

    Dana Rivers Resolute Realty

    Section Image
  • 3105 N Tacoma Ave, Indianapolis, IN 46218

    $149,900

    • 2 Beds
    • 1 Bath
    • 696 Sq Ft
    • 3105 N Tacoma Ave
    • Indianapolis, IN

    Step into this stunning fully remodeled 2-bedroom, 1-bath home! Where practically everything is NEW! From top to bottom, no detail has been overlooked. Enjoy peace of mind with a brand-new roof, HVAC system, and water heater, ensuring years of worry-free living. Inside, you'll find all-new flooring, fresh paint throughout, new doors, and new stylish trim that give the home a modern, fresh feel.

    Nathaniel Cromlich CENTURY 21 Scheetz

    Section Image
  • 3932 Millersville Dr, Indianapolis, IN 46205

    $100,000

    • 3 Beds
    • 1 Bath
    • 925 Sq Ft
    • 3932 Millersville Dr
    • Indianapolis, IN

    Great investment property to add to your portfolio. 3 Bedroom 1 Bath Bungalow. Currently has long term tenant. Spacious Living Room great for entertaining. Eat-in Kitchen with oven range and refrigerator updated in the last cpl of years with newer cabinets, and tiled floor. Minutes to downtown, Broad Ripple, Glendale, and Castleton. Don't let this one pass you by.

    Laura Bonner RE/MAX At The Crossing

    Section Image
See All Homes in Indianapolis

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Simple Quarters Llc $957,750 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Simple Quarters Llc $50,000
Previous Owner Ellington Ledell $33,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $99,900 -4.8% $119 / Sq Ft
11/09/2023 11/09/23 Pending -- -- --
11/03/2023 11/03/23 Price Changed $104,900 -8.7% $125 / Sq Ft
10/23/2023 10/23/23 For Sale $114,900 0.0% $137 / Sq Ft
10/10/2023 10/10/23 Pending -- -- --
10/09/2023 10/09/23 For Sale $114,900 -- $137 / 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 $2,510 $100,000 $9,400 $90,600
2023 $2,510 $102,100 $9,400 $92,700
2022 $2,363 $96,900 $9,400 $87,500
2021 $1,510 $62,200 $9,400 $52,800
2020 $1,525 $62,700 $9,400 $53,300
2019 $1,444 $58,200 $9,400 $48,800
2018 $1,430 $57,200 $9,400 $47,800
2017 $1,158 $51,100 $9,400 $41,700
2016 $1,187 $53,600 $9,400 $44,200
2014 $1,102 $51,200 $9,400 $41,800
2013 $1,002 $48,300 $9,400 $38,900
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Terry Young

    Red Bridge Real Estate

    (765) 335-1905

    4 in this area

    258 Total Sales

    Terry Young
    Section Image
  • Luis Coronel

    Buyer's Agent in 2023

    Luis Coronel

    Coronel Realty Group

    (317) 207-0770

    13 in this area

    937 Total Sales

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21947670

MIBOR Broker Listing Cooperative®

APN: 49-11-05-132-001.000-901

Indiana Marion County Indianapolis 46222 Fairfax

3527 W Michigan St, Indianapolis, IN

This home is located at 3527 W Michigan St, Indianapolis, IN 46222 since 09 October 2023 and is currently estimated at $126,081, approximately $150 per square foot. This property was built in 1923. 3527 W Michigan St is a home located in Marion County with nearby schools including The PATH School, George Washington Community High School (9-12), 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.

Nearby Homes