NOT LISTED FOR SALE

3616 Salem St Indianapolis, IN 46208

Crown Hill Neighborhood

Estimated Value: $162,000 - $216,000

3 Beds
1.5 Baths
2,781 Sq Ft
$67/Sq Ft Est. Value

Last Sold June 06, 2018

Last sale price $26,000 $9 Per Sq Ft

Est. 616% increase in value since last sale

Current estimated payment $1,244/month

8 Days on Market

About This Home

As of June 2018

Investors!! Check this 3bd home built in 1920. This property offers a lot size of 5,184 sqft. This property offers 984 sqft on main floor and 909 sqft on second floor. It is located in Near Northwest - Riverside neighborhood in the city of Indianapolis, IN, close to dining and nearby schools. Transit is available, with a few nearby public transportation options. Great opportunity to flip. Don't hesitate! This house won't last long!

Last Agent to Sell the Property

Ryan Hergott

eXp Realty, LLC License #RB14048821 Listed on: 05/28/2018

eXp Realty, LLC

Co-Listed By

Joy Hafner

eXp Realty, LLC

Last Buyer's Agent

Corina Jones

Your Home Team

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 5,184 Sq Ft Lot

Home Design

  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Attic Access Panel
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Community Details

  • Lazarus & Colemans Harvard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490624112017000101

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1920
  • Co List Office Phone: 317-205-4320
  • Garage Y N: No
  • Lot Size Acres: 0.119
  • Subdivision Name: LAZARUS & COLEMANS HARVARD
  • Inspection Warranties: Not Applicable
  • Property Description: Investors!! Check this 3bd home built in 1920. This property offers a lot size of 5,184 sqft. This property offers 984 sqft on main floor and 909 sqft on second floor. It is located in Near Northwest - Riverside neighborhood in the city of Indianapolis, IN, close to dining and nearby schools. Transit is available, with a few nearby public transportation options. Great opportunity to flip. Don't hesitate! This house won't last long!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: None
  • Levels: Two
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access
  • Living Area: 2781
  • Other Equipment: Not Applicable
  • Room Count: 7
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1893
  • Main Level Sq Ft: 984
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Total Sq Ft: 2781
  • Below Grade Sq Ft: 888
  • Upper Level Sq Ft: 909
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Wood Brick
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 29000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490624112017000101
  • Acres: <1/4 Acre
  • Lot Number: 26
  • Lot Size: 5,184

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1306
  • Semi Annual Property Tax Amt: 653
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2018
Sold by
Land Juarez Brothers
Bought by
Maldonado Martinez Maria A
Current Estimated Value
$186,038

Purchase Details

Listed on
May 28, 2018
Closed on
Jun 6, 2018
Seller's Agent
Ryan Hergott
eXp Realty, LLC
Buyer's Agent
Corina Jones
Your Home Team
List Price
$29,000
Sold Price
$26,000
Premium/Discount to List
-$3,000
-10.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.30%

Purchase Details

Listed on
Jan 24, 2018
Closed on
Feb 15, 2018
Seller's Agent
Brett Snodgrass
Red Bridge Real Estate
Buyer's Agent
Ronnie Reese
Red Bridge Real Estate
List Price
$23,900
Sold Price
$21,000
Premium/Discount to List
-$2,900
-12.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
103.79%

Purchase Details

Closed on
Dec 12, 2017
Sold by
Mt Helix Acquisitions I
Bought by
Simple Quarters Llc

Purchase Details

Closed on
Dec 7, 2017

Purchase Details

Closed on
Mar 22, 2013
Sold by
Marion County Auditor
Bought by
Marion County
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Maldonado Martinez Maria A -- None Available
-- $26,000 --
Land Juarez Brothers $26,000 None Available
-- $21,000 --
Rwr Investment Group Inc $21,000 Monument Title Insurance Compa
Simple Quarters Llc -- --
-- $15,000 --
Marion County $5,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mt Helix Acquisitions I Llc $5,000,000
Previous Owner Johnson Henry Lee $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2018 06/06/18 Sold $26,000 -10.3% $9 / Sq Ft
06/05/2018 06/05/18 Pending -- -- --
05/27/2018 05/27/18 For Sale $29,000 +38.1% $10 / Sq Ft
02/16/2018 02/16/18 Sold $21,000 -12.1% $8 / Sq Ft
01/24/2018 01/24/18 For Sale $23,900 -- $9 / 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 $2,759 $124,200 $15,800 $108,400
2023 $2,759 $113,400 $15,800 $97,600
2022 $2,800 $113,400 $15,800 $97,600
2021 $2,240 $94,200 $7,300 $86,900
2020 $2,459 $90,400 $7,300 $83,100
2019 $2,571 $78,200 $7,300 $70,900
2018 $1,719 $69,500 $7,300 $62,200
2017 $1,444 $65,100 $7,300 $57,800
2016 $2,208 $62,900 $7,300 $55,600
2014 $1,408 $65,100 $7,300 $57,800
2013 -- $64,400 $7,300 $57,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Ryan Hergott

    eXp Realty, LLC

    Section Image
  • Brett Snodgrass

    Seller's Agent in 2018

    Brett Snodgrass

    Red Bridge Real Estate

    (317) 934-2630

    23 Total Sales

    Brett Snodgrass
    Section Image

  • J

    Seller Co-Listing Agent in 2018

    Joy Hafner

    eXp Realty, LLC

    Section Image

  • C

    Buyer's Agent in 2018

    Corina Jones

    Your Home Team

    Section Image

  • R

    Buyer's Agent in 2018

    Ronnie Reese

    Red Bridge Real Estate

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21570134

MIBOR Broker Listing Cooperative®

APN: 49-06-24-112-017.000-101

Indiana Marion County Indianapolis 46208 Crown Hill

3616 Salem St, Indianapolis, IN

This home is located at 3616 Salem St, Indianapolis, IN 46208 since 28 May 2018 and is currently estimated at $186,038, approximately $66 per square foot. This property was built in 1920. 3616 Salem St is a home located in Marion County with nearby schools including James Whitcomb Riley School 43, 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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