NOT LISTED FOR SALE

3927 Sherman Towne Dr Indianapolis, IN 46237

South Emerson Neighborhood

Estimated Value: $148,000 - $215,000

2 Beds
1 Bath
950 Sq Ft
$203/Sq Ft Est. Value

Last Sold December 19, 2019

Last sale price $130,000 $137 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,230/month

3 Days on Market

About This Home

As of December 2019

BOGO: 2 Great Places, 1 Great Price. Excellent Perry Twp Opportunity DUPLEX & Each Side feats: 2 Bed 1.5 Bath & 950 sqft. 1 Car Attached Finished Garages & Newer Roof (2008). 3935 Sherman Towne: NEW CARPET: Master & Bed 2; NEW Luxury Vinyl: Kitchen/DiningRm/Living Room. Large LAUNDRY Rm. Wired for AlarmSys & Cameras. Updated Bath w New Flooring and seat. Large Concrete Patio & Sitting Area w Privacy Fence. BackYard Retreat: Mature Shade Trees & Storage Barn. Brand NEW Interior Paint. Living Rm w Built In BookShelves. Kitchen: TileBackSplash, Appliances Included. Immediate Possesion. 3927 Sherman Towne: Mirror image of 3935 not as updated, has had same tenant for 20 yrs & tenant would like to stay. NO HOA DUES. Convenient Location

Last Agent to Sell the Property

Jeff Paxson

Jeff Paxson Team License #RB14044826 Listed on: 11/09/2019

Last Buyer's Agent

Jeffrey Paxson

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,564

Year Built

  • Built in 1988

Lot Details

  • 4,112

Home Design

  • Slab Foundation

Additional Features

  • 1-Story Property
  • 4,112 Sq Ft Lot

Community Details

  • Sherman Towne Subdivision

Listing and Financial Details

  • Tenant pays for cable tv electricity gas insurance lawncare sewer all utilities water
  • The owner pays for inshazard taxes no utilities
  • Assessor Parcel Number 491033100004000500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,564

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Bungalow/Shotgun,Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1988
  • Lot Size Acres: 0.0944
  • Structure Type: Duplex
  • Subdivision Name: SHERMAN TOWNE
  • Inspection Warranties: Not Applicable
  • Property Description: BOGO: 2 Great Places, 1 Great Price. Excellent Perry Twp Opportunity DUPLEX & Each Side feats: 2 Bed 1.5 Bath & 950 sqft. 1 Car Attached Finished Garages & Newer Roof (2008). 3935 Sherman Towne: NEW CARPET: Master & Bed 2; NEW Luxury Vinyl: Kitchen/DiningRm/Living Room. Large LAUNDRY Rm. Wired for AlarmSys & Cameras. Updated Bath w New Flooring and seat. Large Concrete Patio & Sitting Area w Privacy Fence. BackYard Retreat: Mature Shade Trees & Storage Barn. Brand NEW Interior Paint. Living Rm w Built In BookShelves. Kitchen: TileBackSplash, Appliances Included. Immediate Possesion. 3927 Sherman Towne: Mirror image of 3935 not as updated, has had same tenant for 20 yrs & tenant would like to stay. NO HOA DUES. Convenient Location
  • Transaction Type: Sale
  • Unit Count: 1
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: InsHazard,Taxes,No Utilities
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick,Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete,Fence Partial
  • Foundation Details: Slab

Garage/Parking

  • Unit Parking: 1 Car Garage

Utilities

  • Solid Waste: 1
  • HVAC: Gas Furnace & Central Air

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491033100004000500
  • Acres: <1/4 Acre
  • Lot Information: Access Street
  • Lot Number: 21 & 22
  • Lot Size: 4,112

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Insurance,Lawncare,Sewer,All Utilities,Water

Tax Info

  • Tax Annual Amount: 1564
  • Semi Annual Property Tax Amt: 782
  • Tax Exemption: None
  • Multiple Tax I D: 491033100005000500

MLS Schools

  • School District: Perry Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2019
Closed on
Dec 16, 2019
Sold by
Groff Brenda C
Bought by
Chen Pu
Seller's Agent
Jeff Paxson
Jeff Paxson Team
Buyer's Agent
Jeffrey Paxson
List Price
$125,000
Sold Price
$130,000
Premium/Discount to List
$5,000
4%
Current Estimated Value
$193,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,247
Avg. Annual Appreciation
7.06%
Original Mortgage
$97,500
Outstanding Balance
$86,128
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$107,119
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
Chen Pu $130,000 Security Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Pu $97,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2019 12/19/19 Sold $130,000 +4.0% $137 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
11/09/2019 11/09/19 For Sale $125,000 -- $132 / 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 $2,495 $93,100 $9,700 $83,400
2023 $2,495 $95,400 $9,700 $85,700
2022 $2,329 $88,400 $9,700 $78,700
2021 $2,078 $77,500 $9,700 $67,800
2020 $2,042 $75,700 $9,700 $66,000
2019 $1,977 $72,800 $9,700 $63,100
2018 $1,641 $60,700 $9,700 $51,000
2017 $1,622 $59,900 $9,700 $50,200
2016 $1,576 $58,100 $9,700 $48,400
2014 $1,375 $56,700 $9,700 $47,000
2013 $1,350 $56,700 $9,700 $47,000
Source: Public Records

Agents Affiliated with this Home

  • Jeff Paxson

    Seller's Agent in 2019

    Jeff Paxson

    Jeff Paxson Team

    (317) 883-2121

    11 in this area

    506 Total Sales

    Jeff Paxson
    Section Image

  • J

    Buyer's Agent in 2019

    Jeffrey Paxson

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21680617

MIBOR Broker Listing Cooperative®

APN: 49-10-33-100-005.000-500

Indiana Marion County Indianapolis 46237 South Emerson

3927 Sherman Towne Dr, Indianapolis, IN

This home is located at 3927 Sherman Towne Dr, Indianapolis, IN 46237 since 09 November 2019 and is currently estimated at $193,247, approximately $203 per square foot. This property was built in 1988. 3927 Sherman Towne Dr 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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