NOT LISTED FOR SALE

3745 S State Ave Indianapolis, IN 46227

University Heights Neighborhood

Estimated Value: $153,000 - $175,000

3 Beds
1 Bath
816 Sq Ft
$206/Sq Ft Est. Value

Last Sold November 18, 2019

Last sale price $106,000 $130 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,200/month

Highlights

  • 1.26 Acre Lot
  • Wood Flooring
  • 1-Story Property
  • Traditional Architecture
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of April 2020

Beautifully updated 3 bed, 1 bath w/ 2 car detached garage on 1+ acres. Home has new paint, carpet, stainless steel fridge and microwave, and bathroom shower. Property has excellent access to the Universtiy of Indianapolis, Red Line transportation, Downtown Indianapolis, and retail goods and services all within walking distance.

Last Agent to Rent the Property

Christopher Chabenne

Kosene & Kosene Residential License #RB14051690 Listed on: 02/20/2020

Last Renter's Agent

Christopher Chabenne

Kosene & Kosene Residential License #RB14051690 Listed on: 02/20/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 1.26 Acre Lot
  • Partially Fenced Property

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 816 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Electric Oven
  • Built-In Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Security Deposit $1,250
  • Tenant pays for electricity, gas, insurance, lawncare, all utilities
  • The owner pays for inshazard, insurance, taxes, no utilities
  • $35 Application Fee
  • Assessor Parcel Number 491030105007000574

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance, Lawncare, All Utilities
  • Lease Price: 1250.00
  • Min Lease Req: 12
  • Security Deposit: 1250
  • Smoking: 0
  • Application Fee: 35.00

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1947
  • Garage Y N: Yes
  • Lot Size Acres: 1.257
  • Subdivision Name: NO SUBDIVISION
  • Property Description: Beautifully updated 3 bed, 1 bath w/ 2 car detached garage on 1+ acres. Home has new paint, carpet, stainless steel fridge and microwave, and bathroom shower. Property has excellent access to the Universtiy of Indianapolis, Red Line transportation, Downtown Indianapolis, and retail goods and services all within walking distance.
  • Transaction Type: Lease
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dryer, MicroHood, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Furnished: Unfurnished
  • Interior Amenities: Hardwood Floors
  • Living Area: 816
  • Other Equipment: Not Applicable
  • Owner Pays: InsHazard, Insurance, Insurance, Taxes, No Utilities
  • Room Count: 5
  • Areas Interior: Bedroom Other on Main,Laundry Closet
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 816
  • Main Level Sq Ft: 816
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 816

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Fence Partial
  • Foundation Details: Slab
  • List Price: 1250
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Detached
  • Garage Sq Ft: 576

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Condo/Co-op/Association

  • Pets Allowed: W/Approval

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491030105007000574
  • Acres: 1-3 Acres
  • Lot Number: 0
  • Lot Size: 54,755

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 608
  • Semi Annual Property Tax Amt: 304
  • Tax Exemption: None

MLS Schools

  • School District: Perry Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2021
Sold by
Loc Acquisitions Llc
Bought by
Soh Rental Properties Llc
Current Estimated Value
$167,836

Purchase Details

Listed on
Feb 20, 2020
Closed on
Jun 3, 2020
Sold by
Chabenne Christopher James
Bought by
Loc Acquisition Llc
Seller's Agent
Christopher Chabenne
Kosene & Kosene Residential
Buyer's Agent
Christopher Chabenne
Kosene & Kosene Residential
Sold Price
$1,250

Purchase Details

Listed on
Apr 22, 2019
Closed on
Nov 18, 2019
Sold by
Mahurian Paul Michael
Bought by
Chabenne Christopher James
Seller's Agent
Christopher Chabenne
Kosene & Kosene Residential
Buyer's Agent
Christopher Chabenne
Kosene & Kosene Residential
List Price
$299,900
Sold Price
$106,000
Premium/Discount to List
-$193,900
-64.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%
Original Mortgage
$84,800
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2009
Sold by
Mahurin Darlene
Bought by
Mahurin Paul Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Mahurin Tina Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2009
Sold by
Larsen Andrews
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 11, 2009
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Oct 27, 2005
Sold by
Wamler Judith R
Bought by
Swininger Lorene

Purchase Details

Closed on
Sep 10, 2004
Sold by
Swininger Lorene
Bought by
Swininger Lorene and Swininger Judith R
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
Soh Rental Properties Llc -- None Available
Loc Acquisition Llc -- Fidelity National Title
Chabenne Christopher James -- Fidelity National Title
Mahurin Paul Michael -- None Available
Mahurin Tina Darlene -- National Attorneys Title Ass
Wells Fargo Bank Na $51,616 None Available
The Secretary Of Housing & Urban Develop -- None Available
Swininger Lorene -- None Available
Swininger Lorene -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chabenne Christopher James $84,800
Previous Owner Mahurin Tina Darlene $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2020 04/15/20 Rented $1,250 0.0% --
03/22/2020 03/22/20 Under Contract -- -- --
02/20/2020 02/20/20 For Rent $1,250 0.0% --
11/18/2019 11/18/19 Sold $106,000 -64.7% $130 / Sq Ft View Prior Sale
09/19/2019 09/19/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $299,900 -- $368 / 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 $3,722 $137,500 $23,900 $113,600
2023 $3,722 $140,000 $23,900 $116,100
2022 $3,529 $131,800 $23,900 $107,900
2021 $3,024 $110,600 $23,900 $86,700
2020 $2,794 $101,300 $23,900 $77,400
2019 $786 $67,900 $23,900 $44,000
2018 $749 $64,500 $23,900 $40,600
2017 $743 $64,900 $23,900 $41,000
2016 $735 $63,800 $23,900 $39,900
2014 $541 $63,200 $23,900 $39,300
2013 $630 $63,200 $23,900 $39,300
Source: Public Records

Agents Affiliated with this Home

  • Christopher Chabenne

    Landlord's Agent in 2020

    Christopher Chabenne

    Kosene & Kosene Residential

    (317) 225-9969

    25 Total Sales

    Christopher Chabenne
    Section Image

  • M

    Seller Co-Listing Agent in 2019

    Michael Kosene

    Kosene & Kosene Residential

    (317) 340-4727

    7 Total Sales

    Michael Kosene
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21696133

MIBOR Broker Listing Cooperative®

APN: 49-10-30-105-007.000-574

Indiana Marion County Indianapolis 46227 University Heights

3745 S State Ave, Indianapolis, IN

This home is located at 3745 S State Ave, Indianapolis, IN 46227 since 20 February 2020 and is currently priced at $167,836. This property was built in 1947. 3745 S State Ave is a home located in Marion County with nearby schools including Clinton Young Elementary School, Southport 6th Grade Academy, and Southport Middle School.

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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