NOT LISTED FOR SALE

Estimated Value: $99,000 - $157,000

2 Beds
1 Bath
1,376 Sq Ft
$96/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $85,900 $62 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $906/month

35 Days on Market

Highlights

  • 1 Car Detached Garage
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of February 2021

WHY RENT WHEN YOU CAN OWN FOR LESS? Terrific two bedroom bungalow opportunity under $100,000 and short drive to down town, Broad Ripple, and Butler University. This two bedroom home has been updated and remodeled with new furnace, windows, flooring, and kitchen. Neutral colors throughout make this the perfect turn key opportunity for you. Plenty of room in dry basement for storage and also a 1.5 car garage. Quiet street --- this home would make a perfect starter home or a terrific buy and hold rental property. Hurry, this will not last at $99,900!

Last Agent to Sell the Property

Scott Armstrong

Armstrong Real Estate Brokerag License #RB14037443 Listed on: 12/07/2020

Last Buyer's Agent

Jacqueline Barnett

Brownstone Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,360

Year Built

  • Built in 1920

Lot Details

  • 4,922 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,376 Sq Ft Home
  • 1-Story Property
  • Non-Functioning Fireplace
  • Attic Access Panel
  • Unfinished Basement

Kitchen

  • Electric Oven
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Mccabe Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490623158023000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,360

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1920
  • Garage Y N: Yes
  • Lot Size Acres: 0.113
  • Subdivision Name: MCCABE PARK
  • Inspection Warranties: Not Applicable
  • Property Description: WHY RENT WHEN YOU CAN OWN FOR LESS? Terrific two bedroom bungalow opportunity under $100,000 and short drive to down town, Broad Ripple, and Butler University. This two bedroom home has been updated and remodeled with new furnace, windows, flooring, and kitchen. Neutral colors throughout make this the perfect turn key opportunity for you. Plenty of room in dry basement for storage and also a 1.5 car garage. Quiet street --- this home would make a perfect starter home or a terrific buy and hold rental property. Hurry, this will not last at $99,900!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Disposal, Electric Oven
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Non Functional, None
  • Interior Amenities: Attic Access
  • Living Area: 1376
  • Other Equipment: Not Applicable
  • Room Count: 6
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 917
  • Main Level Sq Ft: 917
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1376
  • Below Grade Sq Ft: 459
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 99900
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Gas
  • Garage Parking Description: Detached
  • Garage Sq Ft: 448

Utilities

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

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490623158023000101
  • Acres: <1/4 Acre
  • Lot Information: Curbs,Sidewalks
  • Lot Number: 11
  • Lot Size: 4,922

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1360
  • Semi Annual Property Tax Amt: 680
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2020
Closed on
Feb 12, 2021
Sold by
Siebe Charles W
Bought by
Winston Ernie Lee and Winston Allison Rhea
Seller's Agent
Scott Armstrong
Armstrong Real Estate Brokerag
Buyer's Agent
Jacqueline Barnett
Brownstone Realty Group
List Price
$99,900
Sold Price
$85,900
Premium/Discount to List
-$14,000
-14.01%
Current Estimated Value
$132,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,230
Avg. Annual Appreciation
8.32%
Original Mortgage
$73,015
Outstanding Balance
$66,045
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$57,119

Purchase Details

Listed on
Jan 29, 2020
Closed on
Apr 8, 2020
Sold by
Tnt Properties Llc
Bought by
Siebe Charles W
Seller's Agent
Nicholas Krudy
Indy Real Estate Consulting
Buyer's Agent
Becky Telles
Keller Williams Indy Metro NE
List Price
$59,900
Sold Price
$55,500
Premium/Discount to List
-$4,400
-7.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.20%

Purchase Details

Closed on
May 17, 2011
Sold by
Mountain Blue Inc
Bought by
Tnt Properties Llc

Purchase Details

Closed on
Feb 8, 2011
Sold by
Fannie Mae
Bought by
Mountain Blue Inc

Purchase Details

Closed on
Oct 27, 2010
Sold by
King Katherine Elaine
Bought by
Federal National Mortgage Association
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
Winston Ernie Lee $85,900 None Available
Siebe Charles W $55,500 Monument Title
Tnt Properties Llc $24,000 None Available
Mountain Blue Inc $7,000 Total Title Llc
Federal National Mortgage Association $49,648 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winston Ernie Lee $73,015
Closed Winston Ernie Lee $73,015
Previous Owner King Katherine $40,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $85,900 -14.0% $62 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $99,900 0.0% $73 / Sq Ft
12/20/2020 12/20/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $99,900 +80.0% $73 / Sq Ft
04/12/2020 04/12/20 Sold $55,500 -7.3% $40 / Sq Ft
03/16/2020 03/16/20 For Sale $59,900 0.0% $44 / Sq Ft
01/31/2020 01/31/20 Pending -- -- --
01/28/2020 01/28/20 For Sale $59,900 -- $44 / 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 $2,230 $98,700 $15,100 $83,600
2023 $2,230 $90,300 $15,100 $75,200
2022 $2,131 $90,300 $15,100 $75,200
2021 $1,697 $69,900 $3,000 $66,900
2020 $1,632 $66,900 $3,000 $63,900
2019 $2,700 $57,600 $3,000 $54,600
2018 $1,339 $52,900 $3,000 $49,900
2017 $1,126 $49,400 $3,000 $46,400
2016 $1,066 $47,700 $3,000 $44,700
2014 $1,059 $49,000 $3,000 $46,000
2013 $1,004 $48,300 $3,000 $45,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21756274

MIBOR Broker Listing Cooperative®

APN: 49-06-23-158-023.000-101