NOT LISTED FOR SALE

3572 W 12th St Indianapolis, IN 46222

Estimated Value: $85,000 - $150,201

3 Beds
2.5 Baths
2,016 Sq Ft
$51/Sq Ft Est. Value

Last Sold September 24, 2020

Last sale price $50,000 $25 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $710/month

1 Day on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Property is Fully Fenced

About This Home

As of September 2020

INVESTOR ALERT! This is the "biggest little house" you will see. The attic and basement are finished. Hardwood floors on the main level. There is hardwood under the carpet in the bedrooms. The finished attic also has original hardwood flooring.
This could be a real money maker. 2 bedrooms and a full bath on the main level. Finished attic could be used as a bedroom, it has storage space and a half bath. The lower level has a large full bath. Solid home. There is a gas wall space heater in the basement that warms the basement area. 2.5 Car Detached Garage.

Last Agent to Sell the Property

Kristine Bashenow

Real Broker, LLC License #RB16001911 Listed on: 09/14/2020

Last Buyer's Agent

Kristine Bashenow

Real Broker, LLC License #RB16001911 Listed on: 09/14/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $906

Year Built

  • Built in 1949

Lot Details

  • 4,879 Sq Ft Lot
  • Property is Fully Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1.5-Story Property
  • Finished Basement
  • Laundry in Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Community Details

  • Rainbow Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490632116136000901

Home Details

Home Type

Single Family

Est. Annual Taxes

$906

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1949
  • Garage Y N: Yes
  • Lot Size Acres: 0.112
  • Subdivision Name: RAINBOW RIDGE
  • Inspection Warranties: Not Applicable
  • Property Description: INVESTOR ALERT! This is the "biggest little house" you will see. The attic and basement are finished. Hardwood floors on the main level. There is hardwood under the carpet in the bedrooms. The finished attic also has original hardwood flooring. This could be a real money maker. 2 bedrooms and a full bath on the main level. Finished attic could be used as a bedroom, it has storage space and a half bath. The lower level has a large full bath. Solid home. There is a gas wall space heater in the basement that warms the basement area. 2.5 Car Detached Garage.
  • Transaction Type: Sale
  • Accessibility Features YN: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Dryer,Electric Oven,Washer
  • Levels: One and One Half
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors,Windows Vinyl
  • Living Area: 2016
  • Other Equipment: Not Applicable
  • Room Count: 4
  • Areas Interior: Laundry in Basement
  • Eating Area: None
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1344
  • Main Level Sq Ft: 672
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2016
  • Below Grade Sq Ft: 672
  • Upper Level Sq Ft: 672
  • Pct Optional Level Finished: 75+%

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Fence Complete
  • Foundation Details: Concrete Perimeter
  • List Price: 45000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Detached
  • Garage Sq Ft: 780

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Gas Connected
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490632116136000901
  • Acres: <1/4 Acre
  • Lot Information: Corner
  • Lot Number: 1243
  • Lot Size: 4,879

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 906
  • Semi Annual Property Tax Amt: 453
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2021
Sold by
Terra Firma Llp
Bought by
Terra Firma Rentals Llc
Current Estimated Value
$102,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,879,000
Outstanding Balance
$1,031,130
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
-$928,580

Purchase Details

Closed on
Aug 31, 2021
Sold by
Terra Firma Llp
Bought by
Terra Firma Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,879,000
Outstanding Balance
$1,031,130
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
-$928,580

Purchase Details

Listed on
Sep 14, 2020
Closed on
Oct 8, 2020
Sold by
Crist Carroll Kim
Bought by
Terra Firma Llp
Seller's Agent
Kristine Bashenow
Real Broker, LLC
Buyer's Agent
Kristine Bashenow
F.C. Tucker Company
List Price
$45,000
Sold Price
$50,000
Premium/Discount to List
$5,000
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.35%

Purchase Details

Listed on
Sep 14, 2020
Closed on
Sep 24, 2020
Sold by
Crist Carroll Kim
Bought by
Terra Firma Llp
Seller's Agent
Kristine Bashenow
Real Broker, LLC
Buyer's Agent
Kristine Bashenow
F.C. Tucker Company
List Price
$45,000
Sold Price
$50,000
Premium/Discount to List
$5,000
11.11%
Source: Public Records

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
Terra Firma Rentals Llc -- New Title Company Name
Terra Firma Rentals Llc -- None Available
Terra Firma Llp -- None Listed On Document
Terra Firma Llp $50,000 Monument Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terra Firma Rentals Llc $4,879,000
Closed Terra Firma Rentals Llc $4,879,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2020 09/24/20 Sold $50,000 +11.1% $25 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $45,000 -- $22 / 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 $1,988 $80,900 $3,100 $77,800
2023 $1,988 $80,900 $3,100 $77,800
2022 $1,822 $74,300 $3,100 $71,200
2021 $973 $39,300 $3,100 $36,200
2020 $881 $35,200 $3,100 $32,100
2019 $971 $38,400 $3,100 $35,300
2018 $954 $37,400 $3,100 $34,300
2017 $803 $34,900 $3,100 $31,800
2016 $744 $32,900 $3,100 $29,800
2014 $659 $30,500 $3,100 $27,400
2013 $586 $41,500 $3,100 $38,400
Source: Public Records

Agents Affiliated with this Home

  • Kristine Bashenow

    Seller's Agent in 2020

    Kristine Bashenow

    Real Broker, LLC

    (317) 294-2923

    83 Total Sales

    Kristine Bashenow
    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21738720

MIBOR Broker Listing Cooperative®

APN: 49-06-32-116-136.000-901

Indiana Marion County Indianapolis 46222

3572 W 12th St, Indianapolis, IN

This home is located at 3572 W 12th St, Indianapolis, IN 46222 since 14 September 2020 and is currently estimated at $102,550, approximately $50 per square foot. This property was built in 1949. 3572 W 12th St is a home located in Marion County with nearby schools including Riverside School 44, Northwest Middle School, and George Washington Community High School No. 721.

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