NOT LISTED FOR SALE

3939 N Drexel Ave Indianapolis, IN 46226

Forest Manor Neighborhood

Estimated Value: $166,000 - $301,000

3 Beds
1.5 Baths
2,526 Sq Ft
$86/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $86,000 $34 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $1,312/month

18 Days on Market

Highlights

  • 0.76 Acre Lot
  • 3 Fireplaces
  • Eat-In Kitchen
  • Traditional Architecture
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of April 2019

The 3rd bedroom is the complete upper level and could be made into an amazing master suite. Nice spiral staircase going up to the upper level. Fireplace on every level including the basement. Great potential for rehab. The sale also includes the corner lot for just over 3/4 acres. Rehab this one and build new construction on the extra lot. Note the extra structure in back of the garage which is finished and used as a class room type setting. Room sizes are estimated. Property is in need of updates and repairs. Sold as is.

Last Agent to Sell the Property

Leslie Grady

Best Choice Properties, LLC License #RB14029512 Listed on: 03/13/2019

Last Buyer's Agent

Kasandra Franklin

Carpenter, REALTORS®

Carpenter, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $936

Year Built

  • Built in 1924

Lot Details

  • 0.76 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • 3 Fireplaces
  • Basement
  • Laundry in Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Mendenhalls St Andrews Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490716104042000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$936

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1924
  • Garage Y N: Yes
  • Lot Size Acres: 0.76
  • Subdivision Name: MENDENHALLS ST ANDREWS
  • Inspection Warranties: Not Applicable
  • Property Description: The 3rd bedroom is the complete upper level and could be made into an amazing master suite. Nice spiral staircase going up to the upper level. Fireplace on every level including the basement. Great potential for rehab. The sale also includes the corner lot for just over 3/4 acres. Rehab this one and build new construction on the extra lot. Note the extra structure in back of the garage which is finished and used as a class room type setting. Room sizes are estimated. Property is in need of updates and repairs. Sold as is.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial,Unfinished
  • Appliances: None
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Basement,Living Room,Woodburning Fireplce
  • Fireplaces: 3
  • Interior Amenities: Built In Book Shelves,Ceiling Cathedral,Screens Some,Windows Wood,Wood Work Painted
  • Living Area: 2526
  • Other Equipment: Security Alarm Paid,Smoke Detector,Sump Pump
  • Room Count: 2
  • Areas Interior: Laundry in Basement
  • Eating Area: Breakfast Room,Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1806
  • Main Level Sq Ft: 1086
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Bath Half,Deck,Fireplace,Sitting Room,See Remarks
  • Total Sq Ft: 2526
  • Kitchen Features: Kitchen Eat In
  • Below Grade Sq Ft: 720
  • Upper Level Sq Ft: 720
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt,Fence Partial,Out Building With Utilities
  • Foundation Details: Block,Partial
  • List Price: 90000
  • Association Maintained Building Exterior: 0
  • Porch: Deck UP,Porch Open

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Detached
  • Garage Parking Other: Workshop

Utilities

  • Sewer: Sewer Connected
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Connected,Gas Connected
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490716104042000801
  • Acres: 1/2-1 Acre
  • Lot Information: Corner,Sidewalks,Street Lights,Tree Mature
  • Lot Number: L97
  • Lot Size: 33298

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 936
  • Semi Annual Property Tax Amt: 468
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2019
Closed on
Apr 26, 2019
Sold by
Holmes James A and Holmes Carolyn E
Bought by
Martinez-Garcia Elena
Seller's Agent
Leslie Grady
Best Choice Properties, LLC
Buyer's Agent
Kasandra Franklin
Carpenter, REALTORS®
List Price
$90,000
Sold Price
$86,000
Premium/Discount to List
-$4,000
-4.44%
Current Estimated Value
$217,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,340
Avg. Annual Appreciation
13.04%
Original Mortgage
$83,420
Interest Rate
4.1%
Mortgage Type
New Conventional
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
Martinez-Garcia Elena -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez-Garcia Elena $100,000
Closed Martinez-Garcia Elena $83,420
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $86,000 -4.4% $34 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
03/13/2019 03/13/19 For Sale $90,000 -- $36 / 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 $1,461 $126,400 $12,400 $114,000
2023 $1,461 $126,400 $12,400 $114,000
2022 $1,508 $124,600 $12,400 $112,200
2021 $1,409 $115,100 $12,400 $102,700
2020 $1,060 $96,900 $5,900 $91,000
2019 $1,157 $101,600 $5,900 $95,700
2018 $1,174 $101,200 $5,900 $95,300
2017 $1,104 $104,700 $5,900 $98,800
2016 $985 $100,900 $5,900 $95,000
2014 $1,031 $107,000 $5,900 $101,100
2013 $1,037 $107,000 $5,900 $101,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Leslie Grady

    Best Choice Properties, LLC

    Section Image

  • K

    Buyer's Agent in 2019

    Kasandra Franklin

    Carpenter, REALTORS®

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21626248

MIBOR Broker Listing Cooperative®

APN: 49-07-16-104-042.000-801

Indiana Marion County Indianapolis 46226 Forest Manor

3939 N Drexel Ave, Indianapolis, IN

This home is located at 3939 N Drexel Ave, Indianapolis, IN 46226 since 13 March 2019 and is currently estimated at $217,340, approximately $86 per square foot. This property was built in 1924. 3939 N Drexel Ave is a home located in Marion County with nearby schools including Robert Lee Frost School 106, James Whitcomb Riley School 43, and Phalen Leadership Academy 93.

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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