NOT LISTED FOR SALE

3931 Gray Arbor Way Indianapolis, IN 46237

South Emerson Neighborhood

Estimated Value: $234,000 - $243,000

3 Beds
2 Baths
1,196 Sq Ft
$199/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $163,000 $136 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,479/month

1 Day on Market

Highlights

  • Cathedral Ceiling
  • Formal Dining Room
  • Eat-In Kitchen
  • Ranch Style House
  • 2 Car Attached Garage
  • Woodwork

About This Home

As of August 2020

Great ranch located in Perry Township! This 3 BDRM/ 2 Bath home offers a Great Room with vaulted ceiling, wood burning fireplace and beautiful newer floors. Dining area that is open to Great Room, Kitchen w/ newer appliances. Master Bedroom w/ walk-in closet and Master Bath. Enjoy the fully fenced backyard and large patio area. Close to shops, restaurants and highway. Schedule your showing today!

Last Agent to Sell the Property

Jason Hess

Compass Indiana, LLC License #RB14048495 Listed on: 07/10/2020

Compass Indiana, LLC

Last Buyer's Agent

Kisna Adhikari

BluPrint Real Estate Group

BluPrint Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,564

Year Built

  • Built in 1997

Lot Details

  • 10,454 Sq Ft Lot
  • Property is Fully Fenced

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,196 Sq Ft Home
  • Woodwork
  • Cathedral Ceiling
  • Vinyl Clad Windows
  • Family Room with Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Water Purifier

Community Details

  • Gray Arbor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491509119001000500

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,564

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1997
  • Garage Y N: Yes
  • Lot Size Acres: 0.24
  • Subdivision Name: GRAY ARBOR
  • Inspection Warranties: Not Applicable
  • Property Description: Great ranch located in Perry Township! This 3 BDRM/ 2 Bath home offers a Great Room with vaulted ceiling, wood burning fireplace and beautiful newer floors. Dining area that is open to Great Room, Kitchen w/ newer appliances. Master Bedroom w/ walk-in closet and Master Bath. Enjoy the fully fenced backyard and large patio area. Close to shops, restaurants and highway. Schedule your showing today!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Cathedral Ceiling(s), Vaulted Ceiling(s), Walk-in Closet(s), Windows Vinyl, WoodWorkStain/Painted
  • Living Area: 1196
  • Other Equipment: Water Purifier
  • Room Count: 6
  • Areas Interior: Foyer Small,Laundry Room Main Level
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1196
  • Main Level Sq Ft: 1196
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Sinks Double
  • Total Sq Ft: 1196
  • Kitchen Features: Kitchen Eat In
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fence Complete
  • Foundation Details: Slab
  • List Price: 154000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch,Porch Open

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Electric
  • Garage Parking Description: Attached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,High Speed Internet Avail,Municipal Sewer Available,Municipal Water Available
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491509119001000500
  • Acres: <1/4 Acre
  • Lot Information: Corner,Sidewalks
  • Lot Number: 27
  • Lot Size: 94x110

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1564
  • Semi Annual Property Tax Amt: 782
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Perry Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Aug 14, 2020
Sold by
Howe Scott and Howe Brittany
Bought by
Thang Dominic L
Seller's Agent
Jason Hess
Compass Indiana, LLC
Buyer's Agent
Kisna Adhikari
BluPrint Real Estate Group
List Price
$154,000
Sold Price
$163,000
Premium/Discount to List
$9,000
5.84%
Current Estimated Value
$238,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,206
Avg. Annual Appreciation
7.55%
Original Mortgage
$153,717
Outstanding Balance
$137,882
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$98,897

Purchase Details

Listed on
Feb 13, 2012
Closed on
Jun 8, 2012
Sold by
Fannie Mae
Bought by
Howe Scott and Howe Brittany
Seller's Agent
Kyle Johnson
Berkshire Hathaway Home
Buyer's Agent
Elizabeth Oliver
Pursuit Realty, LLC
List Price
$76,000
Sold Price
$76,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.76%
Original Mortgage
$83,784
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 2011
Sold by
Schwager Ronald J and Bac Home Loans Servicing Lp
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Jul 27, 2007
Sold by
Barnett Samuel R
Bought by
Schwager Ronald J and Schwager Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2005
Sold by
Lytle Christopher S
Bought by
Barnett Samme R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,970
Interest Rate
5.89%
Mortgage Type
FHA
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
Thang Dominic L $163,000 Meridian Title Corporation
Howe Scott $76,000 None Available
Fannie Mae $111,733 None Available
Schwager Ronald J -- None Available
Barnett Samme R -- None Available
Barnett Samuel R -- Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thang Dominic L $153,717
Previous Owner Howe Scott $83,784
Previous Owner Schwager Ronald J $110,000
Previous Owner Barnett Samme R $103,970
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $163,000 +5.8% $136 / Sq Ft
07/12/2020 07/12/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $154,000 +102.6% $129 / Sq Ft
06/08/2012 06/08/12 Sold $76,000 0.0% $64 / Sq Ft
05/03/2012 05/03/12 Pending -- -- --
02/13/2012 02/13/12 For Sale $76,000 -- $64 / 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 $2,591 $206,700 $31,000 $175,700
2023 $2,591 $200,600 $31,000 $169,600
2022 $2,466 $183,900 $31,000 $152,900
2021 $2,044 $155,200 $31,000 $124,200
2020 $1,894 $143,800 $31,000 $112,800
2019 $1,644 $129,500 $19,700 $109,800
2018 $1,486 $120,700 $19,700 $101,000
2017 $1,120 $102,500 $19,700 $82,800
2016 $1,175 $104,500 $19,700 $84,800
2014 $988 $103,400 $19,700 $83,700
2013 $1,060 $103,400 $19,700 $83,700
Source: Public Records

Agents Affiliated with this Home

  • Jason Hess

    Seller's Agent in 2020

    Jason Hess

    Compass Indiana, LLC

    (317) 716-9258

    13 in this area

    304 Total Sales

    Jason Hess
    Section Image

  • K

    Buyer's Agent in 2020

    Kisna Adhikari

    BluPrint Real Estate Group

    Section Image

  • K

    Seller's Agent in 2012

    Kyle Johnson

    Berkshire Hathaway Home

    (317) 881-7900

    20 Total Sales

    Kyle Johnson
    Section Image

  • F

    Seller Co-Listing Agent in 2012

    Faith Leininger

    Berkshire Hathaway Home

    (317) 417-0708

    41 Total Sales

    Faith Leininger
    Section Image

  • E

    Buyer's Agent in 2012

    Elizabeth Oliver

    Pursuit Realty, LLC

    (317) 513-3466

    24 Total Sales

    Elizabeth Oliver
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21723855

MIBOR Broker Listing Cooperative®

APN: 49-15-09-119-001.000-500

Indiana Marion County Indianapolis 46237 South Emerson

3931 Gray Arbor Way, Indianapolis, IN

This home is located at 3931 Gray Arbor Way, Indianapolis, IN 46237 since 10 July 2020 and is currently estimated at $238,206, approximately $199 per square foot. This property was built in 1997. 3931 Gray Arbor Way is a home located in Marion County with nearby schools including Mary Bryan 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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