NOT LISTED FOR SALE

3542 Terrace Ave Indianapolis, IN 46203

Near Southeast Neighborhood

Estimated Value: $79,000 - $99,686

3 Beds
1 Bath
720 Sq Ft
$122/Sq Ft Est. Value

Last Sold April 25, 2023

Last sale price $79,500 $110 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $615/month

7 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Shed
  • L-Shaped Dining Room
  • Porch
  • Forced Air Heating System

About This Home

As of April 2023

This charming 3 bedroom, 1 bath bungalow on the east side of Indianapolis boasts 720 square feet of living space. Conveniently located close to shops and restaurants. Don't miss out on this great opportunity!

Last Agent to Sell the Property

Devan Lunceford

Totalis Real Estate Solutions License #RB20001289 Listed on: 04/11/2023

Last Buyer's Agent

Devan Lunceford

Totalis Real Estate Solutions License #RB20001289 Listed on: 04/11/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,166

Year Built

  • Built in 1971

Lot Details

  • 40 Sq Ft Lot

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 720 Sq Ft Home
  • L-Shaped Dining Room
  • Crawl Space
  • Attic Access Panel
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed
  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Prospect Heights Subdivision

Listing and Financial Details

  • Tax Lot 116
  • Assessor Parcel Number 491017121045000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,166

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1971
  • Building Area Total: 720
  • Garage Y N: No
  • Lot Size Acres: 0.13
  • Subdivision Name: Prospect Heights
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: dlunceford@c21scheetz.com
  • Special Features: None

Interior Features

  • Basement: No
  • Basement Type: Crawl Space
  • Appliances: None, Electric Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access
  • Living Area: 720
  • Main Level Bedrooms: 3
  • Other Equipment: Smoke Alarm
  • Eating Area: Dining-L
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 720
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Barn Mini
  • Foundation Details: Other
  • List Price: 98000
  • Patio And Porch Features: Porch Open

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Window Unit(s)
  • 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: 40
  • Parcel Number: 491017121045000101
  • Acres: <1/4 Acre
  • Price Acre: 611538.461538461

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1166
  • Tax Block: 0
  • Tax Lot: 116
  • Semi Annual Property Tax Amt: 583
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2023
Closed on
May 8, 2023
Sold by
Best Move Inc
Bought by
Freedom Partners Llc
Seller's Agent
Devan Lunceford
Totalis Real Estate Solutions
Buyer's Agent
Devan Lunceford
CENTURY 21 Scheetz
List Price
$98,000
Sold Price
$79,500
Premium/Discount to List
-$18,500
-18.88%
Views
58
Current Estimated Value
$88,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,672
Avg. Annual Appreciation
5.07%

Purchase Details

Listed on
Apr 11, 2023
Closed on
Apr 24, 2023
Sold by
Pensco Trust Co
Bought by
Best Move Inc
Seller's Agent
Devan Lunceford
Totalis Real Estate Solutions
Buyer's Agent
Devan Lunceford
CENTURY 21 Scheetz
List Price
$98,000
Sold Price
$79,500
Premium/Discount to List
-$18,500
-18.88%
Views
58

Purchase Details

Closed on
Oct 15, 2012
Sold by
Princeton Commercial Holdings Llc and Princeton Comm Holdings Llc
Bought by
Bradford L Anderson Ira L and Bradford Anderson

Purchase Details

Closed on
Aug 14, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Princeton Comm Holdings Llc

Purchase Details

Closed on
Jun 26, 2009
Sold by
Villasol Celia and Villasol Miguel
Bought by
Federal Home Loan Mortgage Corp
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
Freedom Partners Llc $92,000 None Listed On Document
Best Move Inc $92,000 None Listed On Document
Bradford L Anderson Ira L -- --
Princeton Comm Holdings Llc $6,000 Total Title Llc
Federal Home Loan Mortgage Corp $17,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2023 04/25/23 Sold $79,500 -18.9% $110 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $98,000 -- $136 / 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 $1,608 $54,700 $7,200 $47,500
2023 $1,608 $64,100 $7,200 $56,900
2022 $1,501 $60,400 $7,200 $53,200
2021 $1,249 $50,900 $7,200 $43,700
2020 $1,092 $44,000 $7,200 $36,800
2019 $2,076 $35,000 $2,900 $32,100
2018 $4,746 $34,100 $2,900 $31,200
2017 $734 $31,100 $2,900 $28,200
2016 $1,450 $30,400 $2,900 $27,500
2014 $698 $32,500 $2,900 $29,600
2013 $706 $32,500 $2,900 $29,600
Source: Public Records

Agents Affiliated with this Home

  • Devan Lunceford

    Seller's Agent in 2023

    Devan Lunceford

    Totalis Real Estate Solutions

    (812) 230-6651

    4 in this area

    155 Total Sales

    Devan Lunceford
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21914778

MIBOR Broker Listing Cooperative®

APN: 49-10-17-121-045.000-101

Indiana Marion County Indianapolis 46203 Near Southeast

3542 Terrace Ave, Indianapolis, IN

This home is located at 3542 Terrace Ave, Indianapolis, IN 46203 since 11 April 2023 and is currently estimated at $88,172, approximately $122 per square foot. This property was built in 1971. 3542 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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