NOT LISTED FOR SALE

3551 Caroline Ave Indianapolis, IN 46218

Avondale Meadows Neighborhood

Estimated Value: $81,000 - $123,221

2 Beds
1 Bath
844 Sq Ft
$120/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $74,500 $88 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $568/month

49 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System
  • Wood Flooring
  • Woodwork
  • Family or Dining Combination

About This Home

As of March 2024

Welcome to an exciting investment opportunity in Watson-McCord, Eastside Indianapolis! This ranch-style single-family residence, boasting 2 bedrooms and 1 bathroom, awaits your vision for transformation. This hidden gem beckons to be revitalized, offering a canvas for your creative touch. Embrace the challenge of renovating this home, unleashing its true potential. Located in a promising neighborhood, this property is a beacon for investors seeking to make their mark in the thriving Indianapolis real estate market. Don't miss the chance to breathe new life into this ranch-style gem, sculpting a modern haven in an established community. Your investment journey begins here!

Last Agent to Sell the Property

Terry Young

Red Bridge Real Estate Brokerage Email: terry@redbridgerealestate.com Listed on: 01/04/2024

Last Buyer's Agent

Luis Coronel

Coronel Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $622

Year Built

  • Built in 1947

Lot Details

  • 5,881 Sq Ft Lot

Home Design

  • Ranch Style House
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 844 Sq Ft Home
  • Woodwork
  • Family or Dining Combination
  • Wood Flooring
  • Gas Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Frank D Holland Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 490719151016000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$622

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1947
  • Building Area Total: 844
  • Garage Y N: No
  • Lot Size Acres: 0.14
  • Subdivision Name: Frank D Holland
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: terry@redbridgerealestate.com
  • Attribution Contact: terry@redbridgerealestate.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Gas Oven
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, WoodWorkStain/Painted
  • Living Area: 844
  • Main Level Bedrooms: 2
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 844
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Wood, Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 74500

Garage/Parking

  • Garage Sq Ft: 0

Utilities

  • Cooling: None
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 5881
  • Parcel Number: 490719151016000101
  • Acres: <1/4 Acre
  • Price Acre: 532143

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 622
  • Tax Lot: 8
  • Semi Annual Property Tax Amt: 311

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Mar 28, 2024
Sold by
Simple Notes Inc
Bought by
Ruano Allan Brandon Ader
Seller's Agent
Terry Young
Red Bridge Real Estate
Buyer's Agent
Luis Coronel
Coronel Realty Group
List Price
$89,500
Sold Price
$74,500
Premium/Discount to List
-$15,000
-16.76%
Views
136
Current Estimated Value
$90,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,059
Avg. Annual Appreciation
24.14%
Original Mortgage
$57,500
Outstanding Balance
$52,645
Interest Rate
6.9%
Mortgage Type
Seller Take Back
Estimated Equity
$48,198

Purchase Details

Closed on
Sep 27, 2007
Sold by
Deutsche Bank National Trust Company
Bought by
King Shafer Brandon

Purchase Details

Closed on
Oct 3, 2006
Sold by
Cole Melvin L and Taylor Bernice
Bought by
Deutsche Bank National Trust Companty
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
Ruano Allan Brandon Ader $74,500 None Listed On Document
Simple Notes Inc $74,500 None Listed On Document
King Shafer Brandon -- None Available
Deutsche Bank National Trust Companty -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruano Allan Brandon Ader $57,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $74,500 0.0% $88 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
02/20/2024 02/20/24 Price Changed $74,500 -6.8% $88 / Sq Ft
02/05/2024 02/05/24 Price Changed $79,900 -5.4% $95 / Sq Ft
01/22/2024 01/22/24 Price Changed $84,500 -5.6% $100 / Sq Ft
01/04/2024 01/04/24 For Sale $89,500 -- $106 / 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 $861 $85,700 $3,700 $82,000
2023 $861 $33,400 $3,700 $29,700
2022 $812 $31,500 $3,700 $27,800
2021 $690 $27,000 $3,700 $23,300
2020 $198 $5,700 $2,900 $2,800
2019 $194 $5,500 $2,900 $2,600
2018 $189 $5,300 $2,900 $2,400
2017 $170 $5,100 $2,900 $2,200
2016 $165 $5,000 $2,900 $2,100
2014 $106 $4,900 $2,900 $2,000
2013 $102 $4,900 $2,900 $2,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Terry Young

    Red Bridge Real Estate

    (765) 335-1905

    8 in this area

    283 Total Sales

    Section Image

  • L

    Buyer's Agent in 2024

    Luis Coronel

    Coronel Realty Group

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21958640

MIBOR Broker Listing Cooperative®

APN: 49-07-19-151-016.000-101

Indiana Marion County Indianapolis 46218 Avondale Meadows

3551 Caroline Ave, Indianapolis, IN

This home is located at 3551 Caroline Ave, Indianapolis, IN 46218 since 04 January 2024 and is currently estimated at $101,055, approximately $119 per square foot. This property was built in 1947. 3551 Caroline Ave is a home located in Marion County with nearby schools including Arlington Community Middle School, Arsenal Technical High School, and George Washington Community High School (9-12).

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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