NOT LISTED FOR SALE

3987 Gateway Ct Indianapolis, IN 46254

International Marketplace Neighborhood

Estimated Value: $99,662

3 Beds
1.5 Baths
1,368 Sq Ft
$73/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $114,665 $84 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $631/month

89 Days on Market

Highlights

  • No Units Above
  • Vinyl Plank Flooring
  • Family or Dining Combination
  • Thermal Windows
  • Forced Air Heating System
  • 4-minute walk to Gateway West Park

About This Home

As of July 2023

Ready to invest in a great rental opportunity? Townhome with 3 large bedrooms 1.5 bathrooms. Owner completely rehabed this home in 2020 from the studs in. Plumbing, electrical, drywall, flooring, furnace entire home!

Last Listed By

Lori Davis Smith

Highgarden Real Estate License #RB14050253 Listed on: 04/10/2023

Highgarden Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,236

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 1,063 Sq Ft Lot
  • No Units Above

HOA Fees

  • $49 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Thermal Windows
  • Family or Dining Combination
  • Electric Oven

Flooring

  • Carpet
  • Laminate
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 490513101085000601
  • Assessor Parcel Number 490513101085000601

Community Details

Overview

  • Association fees include maintenance structure
  • Association Phone (317) 296-4411
  • Gateway West Subdivision
  • Property managed by Gateway West Townhouse Association
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,236

Year Built

Built in 1964 | Remodeled

Lot Details

0

HOA Fees

$49 per month

Listing Details

  • Property Sub Type: Townhouse
  • Architectural Style: Multi-Level
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1964
  • Building Area Total: 1368
  • Garage Y N: No
  • Lot Size Acres: 0.0244
  • Subdivision Name: Gateway West
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Unit Entry Level: 1
  • MBR_AttributionContact: dearlori@bhtindy.com
  • Special Features: None

Interior Features

  • Common Walls: No One Above
  • Basement: No
  • Appliances: Electric Oven, Refrigerator, Electric Water Heater
  • Levels: Two
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Windows Thermal
  • Living Area: 1368
  • Other Equipment: Smoke Alarm
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 684
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 684
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Direction Faces: East
  • Disclosures: Common Wall Agreement
  • Foundation Details: Slab, Other
  • List Price: 129000
  • Property Condition: Updated/Remodeled

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Amenities: Parking
  • Association Fee: 49
  • Association Fee Frequency: Monthly
  • Association Phone: 317-296-4411
  • Association YN: Yes
  • Management Company Name: Gateway West Townhouse Association
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Building Private Entry
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Maintenance Structure

Lot Info

  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Lot Size Sq Ft: 1063
  • Parcel Number: 490513101085000601
  • Acres: <1/4 Acre
  • Price Acre: 4699385.24590164

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1236
  • Tax Lot: 490513101085000601
  • Semi Annual Property Tax Amt: 618
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
Jul 28, 2023
Sold by
Quad Capital Llc
Bought by
Faulkner Chad and Faulkner Scott Lewis
Seller's Agent
Lori Davis Smith
Highgarden Real Estate
Buyer's Agent
Stephen Pipes
Berkshire Hathaway Home
List Price
$149,900
Sold Price
$114,665
Premium/Discount to List
-$35,235
-23.51%
Total Days on Market
89
Views
1006
Current Estimated Value
$99,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,003
Avg. Annual Appreciation
-7.49%
Original Mortgage
$111,226
Outstanding Balance
$109,174
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
-$9,512

Purchase Details

Closed on
Apr 10, 2018
Sold by
Marion County Auditor
Bought by
Quad Capital Llc

Purchase Details

Closed on
Sep 17, 2013
Sold by
Redeemed Christian Church Of God Solu
Bought by
Fixpro Llc

Purchase Details

Closed on
Apr 13, 2011
Sold by
Sobande Patrick O
Bought by
The Redeemed Christian Church Of God Sol

Purchase Details

Closed on
Jun 30, 2007
Sold by
Schilling Gateway Properties Llc
Bought by
Sobande Patrick O

Purchase Details

Closed on
Jun 30, 2006
Sold by
Schilling Ted and Schilling Deborah
Bought by
Schilling Gateway Properties Llc

Purchase Details

Closed on
Nov 1, 2005
Sold by
Koku Frank O
Bought by
Wallce Robert F

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
Faulkner Chad $114,665 Centurion Land Title
Quad Capital Llc $10,200 None Available
Fixpro Llc -- --
The Redeemed Christian Church Of God Sol -- None Available
Sobande Patrick O -- None Available
Schilling Gateway Properties Llc -- None Available
Wallce Robert F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faulkner Chad $111,226
Previous Owner Sobande Patrick $19,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $114,665 -11.1% $84 / Sq Ft
07/09/2023 07/09/23 Pending -- -- --
05/19/2023 05/19/23 Price Changed $129,000 -7.2% $94 / Sq Ft
04/28/2023 04/28/23 Price Changed $139,000 -7.3% $102 / Sq Ft
04/10/2023 04/10/23 For Sale $149,900 0.0% $110 / Sq Ft
06/29/2020 06/29/20 Rented $850 0.0% --
06/11/2020 06/11/20 For Rent $850 0.0% --
03/17/2019 03/17/19 Rented $850 0.0% --
03/08/2019 03/08/19 Price Changed $850 -15.0% $1 / Sq Ft
03/04/2019 03/04/19 For Rent $1,000 -- --
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 $345 $86,900 $4,000 $82,900
2023 $345 $45,900 $4,000 $41,900
2022 $1,134 $45,900 $4,000 $41,900
2021 $668 $26,800 $4,000 $22,800
2020 $644 $25,700 $4,000 $21,700
2019 $506 $19,400 $4,000 $15,400
2018 $505 $19,200 $4,000 $15,200
2017 $453 $19,100 $4,000 $15,100
2016 $443 $19,100 $4,000 $15,100
2014 $461 $21,300 $4,000 $17,300
2013 $538 $25,900 $4,000 $21,900
Source: Public Records

Agents Affiliated with this Home

  • Lori Davis Smith

    Seller's Agent in 2023

    Lori Davis Smith

    Highgarden Real Estate

    (317) 572-7180

    1 in this area

    152 Total Sales

    Lori Davis Smith
    Section Image
  • Stephen Pipes

    Buyer's Agent in 2023

    Stephen Pipes

    Berkshire Hathaway Home

    (317) 558-9755

    1 in this area

    122 Total Sales

    Section Image
  • Constance Quizon

    Seller's Agent in 2020

    Constance Quizon

    Brooks Real Estate Services

    (317) 397-3311

    34 Total Sales

    Constance Quizon
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21914707

MIBOR Broker Listing Cooperative®

APN: 49-05-13-101-085.000-601

Indiana Marion County Indianapolis 46254 International Marketplace

3987 Gateway Ct, Indianapolis, IN

Homes for Sale in Indianapolis, IN

This home is located at 3987 Gateway Ct, Indianapolis, IN 46254 since 10 April 2023 and is currently priced at $99,662, approximately $72 per square foot. This property was built in 1964. 3987 Gateway Ct is a home located in Marion County with nearby schools including Jonathan Jennings School No. 109, Northwest Middle School, and George Washington Community High School (9-12).

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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