NOT LISTED FOR SALE

3551 Bowen Place Indianapolis, IN 46221

Mars Hill Neighborhood

Estimated Value: $151,000 - $178,000

3 Beds
1 Bath
957 Sq Ft
$171/Sq Ft Est. Value

Last Sold August 26, 2014

Last sale price $29,000 $30 Per Sq Ft

Est. 464% increase in value since last sale

Current estimated payment $988/month

22 Days on Market

Highlights

  • Porch
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of August 2014

3BR 1BA on LARGE LOT w/ STORAGE SHED. PARTIAL FENCE IN FRONT AND BACK. HOME HAS NEWER FURNACE and WATER HEATER. HOME TO BE SOLD "AS-IS". SELLER WILL MAKE NO REPAIRS. CASH OFFERS ONLY AS HOME WILL NOT QUALIFY FOR FINANCING

Last Agent to Sell the Property

Matthew Reffeitt

Keller Williams Indy Metro S License #RB14016509 Listed on: 08/02/2014

Keller Williams Indy Metro S

Co-Listed By

Ron Carter

Keller Williams Indy Metro S License #RB14036268

Last Buyer's Agent

Diane Gragg

Keller Williams Indy Metro S

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $516

Year Built

  • Built in 1957

Lot Details

  • 8,276

Home Design

  • Slab Foundation

Interior Spaces

  • 957 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Porch
  • 8,276 Sq Ft Lot

Community Details

  • Maywood Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491129103048000200

Home Details

Home Type

Single Family

Est. Annual Taxes

$516

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch,TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1957
  • Garage Y N: No
  • Lot Size Acres: 0.19
  • Subdivision Name: MAYWOOD MANOR
  • Inspection Warranties: Not Applicable
  • Property Description: 3BR 1BA on LARGE LOT w/ STORAGE SHED. PARTIAL FENCE IN FRONT AND BACK. HOME HAS NEWER FURNACE and WATER HEATER. HOME TO BE SOLD "AS-IS". SELLER WILL MAKE NO REPAIRS. CASH OFFERS ONLY AS HOME WILL NOT QUALIFY FOR FINANCING
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access,Screens Complete,Storms Complete,Wood Work Painted,Window Metal
  • Living Area: 957
  • Other Equipment: Smoke Detector
  • Room Count: 5
  • Eating Area: Eat In Kitchen,Pantry
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 957
  • Main Level Sq Ft: 957
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 957
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Bathroom Areas: 1.0000
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Exterior Features: Fence Partial,Fence Privacy,Storage
  • Foundation Details: Slab
  • List Price: 35000
  • Association Maintained Building Exterior: 0
  • Porch: Porch Open

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491129103048000200
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks
  • Lot Number: 74
  • Lot Size: 54x155

Tax Info

  • Tax Annual Amount: 516
  • Semi Annual Property Tax Amt: 258
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Decatur Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2022
Sold by
Gretchen Morphew
Bought by
Morphew Gretchen R and Morphew David R
Current Estimated Value
$163,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,750
Outstanding Balance
$94,483
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$69,176

Purchase Details

Closed on
Feb 16, 2022
Sold by
Morphew Gretchen
Bought by
Morphew Gretchen R and Morphew David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,750
Outstanding Balance
$94,483
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$69,176

Purchase Details

Closed on
Feb 14, 2022
Sold by
Gretchen Morphew
Bought by
Morphew Gretchen R and Morphew David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,750
Outstanding Balance
$94,483
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$69,176

Purchase Details

Closed on
May 30, 2018
Sold by
Vaught Terry R
Bought by
Vaught Gretchen

Purchase Details

Listed on
Aug 2, 2014
Closed on
Aug 26, 2014
Sold by
Milbourn Bruce W and Toms Sharon K
Bought by
Vaught Terry R and Vaught Deborah L
Seller's Agent
Matthew Reffeitt
Keller Williams Indy Metro S
Buyer's Agent
Diane Gragg
Keller Williams Indy Metro S
List Price
$35,000
Sold Price
$29,000
Premium/Discount to List
-$6,000
-17.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.84%
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
Morphew Gretchen R -- Comer Ben
Morphew Gretchen R -- Comer Ben
Morphew Gretchen R -- None Listed On Document
Morphew Gretchen R -- Comer Ben
Vaught Gretchen $49,000 --
Vaught Gretchen $49,000 Security Title
Vaught Terry R $29,000 Chicago Title
Vaught Terry R -- Chicago Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morphew Gretchen R $101,750
Closed Morphew Gretchen R $101,750
Closed Morphew Gretchen R $101,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2014 08/26/14 Sold $29,000 -17.1% $30 / Sq Ft
08/02/2014 08/02/14 For Sale $35,000 -- $37 / 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 $1,398 $141,100 $9,700 $131,400
2023 $1,398 $121,000 $9,700 $111,300
2022 $430 $43,100 $9,700 $33,400
2021 $380 $32,700 $9,700 $23,000
2020 $262 $31,400 $9,700 $21,700
2019 $330 $28,000 $9,700 $18,300
2018 $326 $26,400 $9,700 $16,700
2017 $737 $28,900 $9,700 $19,200
2016 $730 $28,700 $9,700 $19,000
2014 $489 $46,700 $9,700 $37,000
2013 $518 $48,200 $9,700 $38,500
Source: Public Records

Agents Affiliated with this Home

  • Matthew Reffeitt

    Seller's Agent in 2014

    Matthew Reffeitt

    Keller Williams Indy Metro S

    (317) 590-8520

    499 Total Sales

    Matthew Reffeitt
    Section Image
  • Ron Carter

    Seller Co-Listing Agent in 2014

    Ron Carter

    Keller Williams Indy Metro S

    (317) 508-2348

    31 Total Sales

    Ron Carter
    Section Image

  • D

    Buyer's Agent in 2014

    Diane Gragg

    Keller Williams Indy Metro S

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21307491

MIBOR Broker Listing Cooperative®

APN: 49-11-29-103-048.000-200

Indiana Marion County Indianapolis 46221 Mars Hill

3551 Bowen Place, Indianapolis, IN

This home is located at 3551 Bowen Place, Indianapolis, IN 46221 since 02 August 2014 and is currently estimated at $163,659, approximately $171 per square foot. This property was built in 1957. 3551 Bowen Place is a home located in Marion County with nearby schools including Stephen Decatur Elementary School, Decatur Middle School, and Decatur Central 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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