NOT LISTED FOR SALE

Estimated Value: $146,000 - $212,790

3 Beds
1.5 Baths
1,962 Sq Ft
$93/Sq Ft Est. Value

Last Sold July 03, 2018

Last sale price $65,000 $33 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $1,300/month

36 Days on Market

Highlights

  • Formal Dining Room
  • Forced Air Heating System
  • Garage
  • Enclosed Glass Porch

About This Home

As of July 2018

Good investment opportunity in the Butler-Tarkington area. This area has seen lots of redevelopment over the last few years and continuing. This property offers potential for appreciation as the area continues to see more redevelopment. The average home sale prices in the area have increased 60% over the last 5 years. Home is currently tenant occupied and cashflowing.

Last Agent to Sell the Property

Paul Warner

CityPlace Realty Listed on: 04/08/2018

Last Buyer's Agent

Kevin Warren

Kevin Warren

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,254

Year Built

  • Built in 1910

Lot Details

  • 4,792

Parking

  • Garage

Home Design

  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • 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

Additional Features

  • Enclosed Glass Porch
  • 4,792 Sq Ft Lot

Community Details

  • C E Shovers Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490614124036000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,254

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Two Story
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1910
  • Garage Y N: Yes
  • Lot Size Acres: 0.11
  • Subdivision Name: C E SHOVERS
  • Inspection Warranties: Not Applicable
  • Property Description: Good investment opportunity in the Butler-Tarkington area. This area has seen lots of redevelopment over the last few years and continuing. This property offers potential for appreciation as the area continues to see more redevelopment. The average home sale prices in the area have increased 60% over the last 5 years. Home is currently tenant occupied and cashflowing.
  • 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
  • Interior Amenities: Attic Access
  • Living Area: 1962
  • Other Equipment: Not Applicable
  • Room Count: 6
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1852
  • Main Level Sq Ft: 968
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Total Sq Ft: 1962
  • Below Grade Sq Ft: 110
  • Upper Level Sq Ft: 884
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 75000
  • Association Maintained Building Exterior: 0
  • Porch: Glass Enclosed Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Detached

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490614124036000801
  • Acres: <1/4 Acre
  • Lot Number: 131
  • Lot Size: 40x130

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1254
  • Semi Annual Property Tax Amt: 627
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2020
Sold by
Mardox Llc
Bought by
3909 Boulevard Llc
Current Estimated Value
$188,302

Purchase Details

Listed on
Apr 8, 2018
Closed on
Jul 3, 2018
Bought by
Jerod Martin
Seller's Agent
Paul Warner
CityPlace Realty
Buyer's Agent
Kevin Warren
Kevin Warren
List Price
$75,000
Sold Price
$65,000
Premium/Discount to List
-$10,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.85%

Purchase Details

Closed on
Feb 25, 2016
Sold by
All American Home Llc
Bought by
Dbia2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,407
Interest Rate
3.79%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 16, 2013
Sold by
Indy I Redevelopment Llc
Bought by
Mt Helix Acquisitions I Llc

Purchase Details

Closed on
Dec 7, 2012
Sold by
Indianapolis City Marion County Board
Bought by
Indy I Redevelopment

Purchase Details

Closed on
Oct 18, 2012
Sold by
Marion County Auditor
Bought by
Marion County

Purchase Details

Closed on
Mar 14, 2012
Sold by
The Bank Of New York Mellon Trust Compan
Bought by
Mac/Crescent #2 Llc

Purchase Details

Closed on
Mar 13, 2012
Sold by
The Bank Of New York Trust Company Na
Bought by
The Bank Of New York Mellon Trust Compan and The Bank Of New York Trust Company Na

Purchase Details

Closed on
Jun 26, 2007
Sold by
Collins Timothy and Link Federal Credit Union
Bought by
Bank Of New York Trust Company Na

Purchase Details

Closed on
Feb 17, 2005
Sold by
Stovall Julius
Bought by
Collins Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,200
Interest Rate
7.05%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
3909 Boulevard Llc -- None Available
Mardox Llc -- None Available
Jerod Martin $65,000 --
Martin Jerod $65,000 First American Title
Dbia2 Llc -- Bbird E Title Law Pllc
All American Home Llc -- None Available
Mt Helix Acquisitions I Llc -- Mtc
Indy I Redevelopment -- --
Marion County -- --
Marion County $25,600 --
Mac/Crescent #2 Llc $4,000 First American Els
The Bank Of New York Mellon Trust Compan -- First American Els
Bank Of New York Trust Company Na $68,850 None Available
Collins Timothy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dbia2 Llc $248,407
Previous Owner Mt Helix Acquisitions I Llc $5,000,000
Previous Owner Indy I Redevelopment Llc $350,000
Previous Owner Collins Timothy $88,200
Previous Owner Collins Timothy $70,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2018 07/03/18 Sold $65,000 -13.3% $33 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
04/07/2018 04/07/18 For Sale $75,000 -- $38 / 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 $3,224 $137,900 $23,700 $114,200
2023 $3,224 $133,000 $23,700 $109,300
2022 $3,003 $133,000 $23,700 $109,300
2021 $2,501 $105,500 $15,000 $90,500
2020 $2,402 $100,900 $15,000 $85,900
2019 $2,354 $0 $0 $0
2018 $1,683 $68,000 $4,300 $63,700
2017 $1,366 $61,400 $4,300 $57,100
2016 $1,316 $60,400 $4,300 $56,100
2014 $733 $58,000 $4,300 $53,700
2013 $1,206 $58,000 $4,300 $53,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21557008

MIBOR Broker Listing Cooperative®

APN: 49-06-14-124-036.000-801