Darrin Galyean
My Agent
(855) 695-7152
155 Total Sales
1 in Garden City
$91,000 Price
355 S Vine St Indianapolis, IN 46241
Garden City NeighborhoodEstimated Value: $181,181
3
Beds
1.5
Baths
1,540
Sq Ft
$118/Sq Ft
Est. Value
Highlights
- Ranch Style House
- No HOA
- Eat-In Galley Kitchen
- Corner Lot
- Covered Patio or Porch
- Forced Air Heating and Cooling System
About This Home
As of June 2024Welcome to your lucrative investment opportunity in Indianapolis! This charming single-family ranch home, located on the west side of town, features 3 bedrooms and 1.5 bathrooms and 980 sq ft of living space. In addition, it boasts an updated 560sq ft studio ADU generating $700/mo in income, with the tenant covering all utilities. Live comfortably in the updated main house while letting the rear unit significantly offset your mortgage, or maximize rental income potential by leasing both units, possibly exceeding the 1% rule. Conveniently situated on a corner lot, this property offers easy access to key destinations, including the airport, the Indy 500, and downtown Indianapolis-all within a 10-minute drive. The main home is move-in ready, featuring updates like laminate flooring and new paint. The ADU has also been updated within the past few years. Ample parking is provided with a large gravel parking area on the side of the property, accommodating multiple vehicles. Whether you're an owner-occupant looking for added income or an investor seeking a promising rental property, this versatile opportunity awaits!
Last Agent to Sell the Property
Keller Williams Indpls Metro N Brokerage Email: peter@peterstewartrealty.com License #RB15000083 Listed on: 05/14/2024
Last Buyer's Agent
Kristal Muñoz
RE/MAX At The Crossing
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Home Details
Home Type
- Single Family
Year Built
- Built in 1950 | Remodeled
Lot Details
- 6,882 Sq Ft Lot
- Corner Lot
Parking
- Common or Shared Parking
Home Design
- Ranch Style House
- Traditional Architecture
- Block Foundation
- Aluminum Siding
Interior Spaces
- 1,540 Sq Ft Home
- Combination Kitchen and Dining Room
Kitchen
- Eat-In Galley Kitchen
- Electric Oven
Bedrooms and Bathrooms
- 3 Bedrooms
Outdoor Features
- Covered Patio or Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- No Home Owners Association
- Westridge Subdivision
Listing and Financial Details
- Tax Lot 310 & 311
- Assessor Parcel Number 491107112321000930
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2024
Closed on
Aug 23, 2024
Sold by
Bought by
Seller's Agent
Peter Stewart
Keller Williams Indpls Metro N
Buyer's Agent
Kristal Muñoz
RE/MAX At The Crossing
List Price
$170,000
Sold Price
$175,000
Premium/Discount to List
$5,000
2.94%
Views
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,181
Avg. Annual Appreciation
1.67%
Purchase Details
Listed on
May 14, 2024
Closed on
Jun 20, 2024
Sold by
Bought by
Seller's Agent
Peter Stewart
Keller Williams Indpls Metro N
Buyer's Agent
Kristal Muñoz
RE/MAX At The Crossing
List Price
$170,000
Sold Price
$175,000
Premium/Discount to List
$5,000
2.94%
Views
16
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
6.94%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 29, 2021
Closed on
Aug 20, 2021
Sold by
Bought by
Seller's Agent
Non-BLC Member
MIBOR REALTOR® Association
Buyer's Agent
Butch Stanifer
Stanifer & Associates Real Est
List Price
$191,000
Sold Price
$191,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.02%
Original Mortgage
$138,750
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 4, 2021
Closed on
Feb 24, 2021
Sold by
Bought by
Seller's Agent
Randy Placencia
Red Bridge Real Estate
Buyer's Agent
Randy Placencia
Red Bridge Real Estate
List Price
$59,900
Sold Price
$56,000
Premium/Discount to List
-$3,900
-6.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1188.53%
Original Mortgage
$104,020
Interest Rate
2.7%
Mortgage Type
Stand Alone First
Purchase Details
Listed on
Feb 4, 2021
Closed on
Jan 28, 2021
Sold by
Bought by
Seller's Agent
Randy Placencia
Red Bridge Real Estate
Buyer's Agent
Randy Placencia
Red Bridge Real Estate
List Price
$59,900
Sold Price
$56,000
Premium/Discount to List
-$3,900
-6.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,020
Interest Rate
2.7%
Mortgage Type
Stand Alone First
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Garden City, IN
-
Darrin Galyean
-
Scott Dodson
Scott Dodson
Fox Haven Realty, LLC
(833) 268-9970
58 Total Sales
1 in Garden City
$75,000 Price
-
Jordan Nelson
Jordan Nelson
Responds Quickly@properties
(844) 992-1822
54 Total Sales
1 in Garden City
$208,000 Price
-
Stacey Rohe
Stacey Rohe
F.C. Tucker Company
(765) 200-7006
61 Total Sales
1 in Garden City
$102,650 Price
-
Kimberly White
Kimberly White
F.C. Tucker Company
(866) 779-7406
136 Total Sales
1 in Garden City
$130,000 Price
-
Lindsey Stewart
Lindsey Stewart
Ferris Property Group
(833) 434-1299
54 Total Sales
1 in Garden City
$160,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| -- | Near North Title Group | ||
| $191,000 | None Available | ||
| $56,000 | None Available | ||
| -- | None Listed On Document |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $131,250 | ||
| Previous Owner | $138,750 | ||
| Previous Owner | $104,020 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/26/2024 06/26/24 | Sold | $175,000 | +2.9% | $114 / Sq Ft | |
| 05/15/2024 05/15/24 | Pending | -- | -- | -- | |
| 05/14/2024 05/14/24 | For Sale | $170,000 | -11.0% | $110 / Sq Ft | |
| 08/20/2021 08/20/21 | Sold | $191,000 | 0.0% | $124 / Sq Ft | View Prior Sale |
| 07/21/2021 07/21/21 | Pending | -- | -- | -- | |
| 06/29/2021 06/29/21 | For Sale | $191,000 | +241.1% | $124 / Sq Ft | |
| 02/24/2021 02/24/21 | Sold | $56,000 | -6.5% | $36 / Sq Ft | View Prior Sale |
| 02/08/2021 02/08/21 | Pending | -- | -- | -- | |
| 02/04/2021 02/04/21 | For Sale | $59,900 | -- | $39 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $2,522 | $201,100 | $4,600 | $196,500 |
| 2024 | $4,971 | $184,400 | $4,600 | $179,800 |
| 2023 | $4,971 | $192,200 | $4,600 | $187,600 |
| 2022 | $5,466 | $207,000 | $4,600 | $202,400 |
| 2021 | $1,967 | $67,000 | $4,600 | $62,400 |
| 2020 | $2,228 | $75,500 | $4,600 | $70,900 |
| 2019 | $2,097 | $69,700 | $4,600 | $65,100 |
| 2018 | $1,964 | $69,100 | $4,600 | $64,500 |
| 2017 | $1,829 | $64,500 | $2,300 | $62,200 |
| 2016 | $1,803 | $63,500 | $2,300 | $61,200 |
| 2014 | $1,271 | $63,500 | $2,300 | $61,200 |
| 2013 | $475 | $62,000 | $2,300 | $59,700 |
Source: Public Records
Agents Affiliated with this Home
-
Peter Stewart
Seller's Agent in 2024
Peter Stewart
Keller Williams Indpls Metro N
(317) 450-9202
1 in this area
502 Total Sales
-
K
Buyer's Agent in 2024
Kristal Muñoz
RE/MAX
-
Non-BLC Member
N
Seller's Agent in 2021
Non-BLC Member
MIBOR REALTOR® Association
-
Randy Placencia
Seller's Agent in 2021
Randy Placencia
Red Bridge Real Estate
(317) 800-4342
3 in this area
274 Total Sales
-
B
Buyer's Agent in 2021
Butch Stanifer
Stanifer & Associates Real Est
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21979192
APN: 49-11-07-112-321.000-930
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.
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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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