NOT LISTED FOR SALE

3715 Margaret Ave Indianapolis, IN 46203

Near Southeast Neighborhood

Estimated Value: $188,000 - $222,000

3 Beds
2 Baths
2,528 Sq Ft
$80/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $170,000 $67 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,226/month

1 Day on Market

Highlights

  • Formal Dining Room
  • Eat-In Kitchen
  • Patio

About This Home

As of December 2021

Spacious ranch in Beechcrest near Beech Grove. 3 bed 2 bath nearly 1400 sq ft home boasts a large, open kitchen, living room with fireplace, separate dining.Master bedroom has private full bath and lots of space! Fully fenced in back yard with mini barn for storage, large unfinished clean basement offers additional storage space. Commute to downtown in minutes.

Last Agent to Sell the Property

David Mann

Resolute Realty License #RB15000944 Listed on: 11/30/2021

Last Buyer's Agent

Shawn Goolsby

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,564

Year Built

  • 1965

Lot Details

  • 7,841

Interior Spaces

  • Formal Dining Room
  • Eat-In Kitchen

Outdoor Features

  • Patio

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,564

Year Built

1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Architectural Style: Ranch
  • Directions: SHERMAN DRIVE JUST ONE BLOCK NORTH OF BEECH GROVE TO MARGARET THEN WEST OR SOUTH OF RAYMOND ON SHERMAN TO MARGARET THEN WEST TO HOME.
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: BEECHCREST
  • Special Features: None
  • Year Built: 1965

Interior Features

  • Appliances: Electric Cooktop, Refrigerator
  • Has Basement: Full, Unfinished
  • Fireplace Features: Living Room
  • Eating Area: Separate Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1390
  • Main Level Sq Ft: 1390
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: TubFull
  • Kitchen Features: Kitchen Eat In
  • Below Grade Sq Ft: 1138
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Window Metal
  • Other Equipment: Not Applicable

Exterior Features

  • Exterior Features: Barn Mini, Driveway Asphalt, Fence Full Rear
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio
  • Construction Type: Brick, Wood
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

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

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Tree Mature
  • Lot Number: 38
  • Lot Size: 65X124

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 1282
  • Tax Exemption: None
  • Tax Annual Amount: 2564
  • Tax Year: 2020

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2021
Closed on
Feb 11, 2022
Sold by
Jeremy Rosenthal
Bought by
Cress Ian S
Seller's Agent
David Mann
Resolute Realty
Buyer's Agent
Shawn Goolsby
List Price
$150,000
Sold Price
$170,000
Premium/Discount to List
$20,000
13.33%
Current Estimated Value
$203,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,135
Avg. Annual Appreciation
4.71%
Original Mortgage
$10,200
Outstanding Balance
$9,470
Interest Rate
3.69%
Estimated Equity
$193,665

Purchase Details

Listed on
Nov 30, 2021
Closed on
Dec 27, 2021
Sold by
Jeremy Rosenthal
Bought by
Cress Ian S
Seller's Agent
David Mann
Resolute Realty
Buyer's Agent
Shawn Goolsby
List Price
$150,000
Sold Price
$170,000
Premium/Discount to List
$20,000
13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,200
Outstanding Balance
$9,470
Interest Rate
3.69%
Estimated Equity
$193,665

Purchase Details

Closed on
Oct 26, 2016
Sold by
Indianapolis Real Estate Investments Llc
Bought by
Rosenthal Jeremy

Purchase Details

Closed on
May 10, 2016
Sold by
Lochard Michael and Lochard Jennifer
Bought by
Indianapolis Real Estate Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,725
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 6, 2012
Closed on
Dec 10, 2012
Sold by
The Secretary Of Hud
Bought by
Tarpo Capital Llc
Seller's Agent
Scott Smith
Keller Williams Indy Metro S
Buyer's Agent
Jim Bardes
eXp Realty, LLC
List Price
$30,050
Sold Price
$30,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.94%

Purchase Details

Closed on
Aug 2, 2011
Sold by
Dinkins Phyllis J and Bank One Na
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jul 28, 2011
Sold by
Citimortgage Inc
Bought by
Secretary Of Housing & Urban Development
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
Cress Ian S -- Hicks Robert A
Cress Ian S $170,000 Hicks Robert A
Rosenthal Jeremy -- None Available
Indianapolis Real Estate Investments Llc -- None Available
Tarpo Capital Llc $30,100 --
Citimortgage Inc $68,480 None Available
Secretary Of Housing & Urban Development -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cress Ian S $10,200
Closed Cress Ian S $164,900
Previous Owner Cress Ian S $164,900
Previous Owner Indianapolis Real Estate Investments Llc $70,725
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2021 12/28/21 Sold $170,000 +13.3% $67 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $150,000 +399.2% $59 / Sq Ft
12/10/2012 12/10/12 Sold $30,050 0.0% $22 / Sq Ft View Prior Sale
11/06/2012 11/06/12 Pending -- -- --
08/06/2012 08/06/12 For Sale $30,050 -- $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 $1,891 $146,900 $14,400 $132,500
2023 $1,891 $149,900 $14,400 $135,500
2022 $1,858 $149,900 $14,400 $135,500
2021 $2,663 $110,900 $14,400 $96,500
2020 $2,564 $106,300 $14,400 $91,900
2019 $2,378 $96,500 $11,400 $85,100
2018 $2,256 $90,600 $11,400 $79,200
2017 $1,950 $87,400 $11,400 $76,000
2016 $397 $57,300 $11,400 $45,900
2014 $315 $53,800 $11,400 $42,400
2013 $333 $55,900 $11,400 $44,500
Source: Public Records

Agents Affiliated with this Home

  • David Mann

    Seller's Agent in 2021

    David Mann

    Resolute Realty

    (812) 327-2101

    2 in this area

    106 Total Sales

    David Mann
    Section Image

  • S

    Buyer's Agent in 2021

    Shawn Goolsby

  • Scott Smith

    Seller's Agent in 2012

    Scott Smith

    Keller Williams Indy Metro S

    (317) 884-5000

    13 in this area

    646 Total Sales

    Scott Smith
    Section Image

  • J

    Buyer's Agent in 2012

    Jim Bardes

    eXp Realty, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21826720

MIBOR Broker Listing Cooperative®

APN: 49-10-20-116-004.000-101

Indiana Marion County Indianapolis 46203 Near Southeast

3715 Margaret Ave, Indianapolis, IN

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