NOT LISTED FOR SALE

Estimated Value: $40,000 - $103,000

2 Beds
1 Bath
775 Sq Ft
3,485 Sq Ft Lot

Last Sold July 01, 2021

Last sale price $24,000 $31 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $358/month

107 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • Family or Dining Combination
  • 1-Story Property

About This Home

As of July 2021

Check out this newly rehabbed (April,2021) 2 bedroom 1 bathroom condo, with long term tenants(15+ years) paying $500/mo. New flooring, paint, windows, bathroom. Strategically located near freeways and shopping. Tenant rights apply.

Last Agent to Sell the Property

Dave Ellis

Christian Brothers Realty, LLC License #RB15000737 Listed on: 03/10/2021

Last Buyer's Agent

Natalia Ocampo

Weichert REALTORS® Cooper Grou

Weichert REALTORS® Cooper Grou

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $430

Year Built

  • Built in 1964

Lot Details

  • 1 Common Wall

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 775 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • Family or Dining Combination

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • R V Welchs Town & Terrace Subdivision
  • Carbon Monoxide Detectors

Listing and Financial Details

  • Assessor Parcel Number 490817111046000401

Property Details

Home Type

Condominium

Est. Annual Taxes

$430

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1964
  • Building Area Total: 775
  • Garage Y N: No
  • Lot Size Acres: 0.08
  • Subdivision Name: R V WELCHS TOWN & TERRACE
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Lifestyles: Other/See Remarks
  • Unit Entry Level: 1
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Windows Vinyl
  • Other Equipment: CO Detectors
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 775
  • Main Level Sq Ft: 775
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • Association Maintained Building Exterior: 1

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None
  • Garage Parking Other: Assigned Parking Outside,Common Lot

Utilities

  • Sewer: Sewer Connected
  • Cooling: Wall Unit(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Electric

Condo/Co-op/Association

  • Condo Description Location: Building Private Entry
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490817111046000401
  • Acres: <1/4 Acre
  • Lot Information: Corner
  • Lot Number: BLK 2
  • Lot Size: 3,485

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 430
  • Semi Annual Property Tax Amt: 215
  • Tax Exemption: None

MLS Schools

  • School District: Lawrence Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2024
Sold by
Melchor Hedilberto Martinez and Melchor Hediberto Martinez
Bought by
City Of Indianapolis and Department Of Metropolitan Development
Current Estimated Value
$57,788

Purchase Details

Listed on
Mar 10, 2021
Closed on
Jul 2, 2021
Sold by
Mcdermott Group Llc
Bought by
Melchor Hediberto Martinez
Seller's Agent
Dave Ellis
Christian Brothers Realty, LLC
Buyer's Agent
Natalia Ocampo
Weichert REALTORS® Cooper Grou
List Price
$29,900
Sold Price
$24,000
Premium/Discount to List
-$5,900
-19.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.79%

Purchase Details

Listed on
Mar 10, 2021
Closed on
Jun 30, 2021
Sold by
Mcdermott Group Llc
Bought by
Melchor Hediberto Martinez
Seller's Agent
Dave Ellis
Christian Brothers Realty, LLC
Buyer's Agent
Natalia Ocampo
Weichert REALTORS® Cooper Grou
List Price
$29,900
Sold Price
$24,000
Premium/Discount to List
-$5,900
-19.73%

Purchase Details

Closed on
Oct 31, 2017
Sold by
Pickens Donald E and Pickens Richard L
Bought by
Mcdermott Group Llc

Purchase Details

Closed on
Jan 14, 2016
Sold by
Pickens Donald E
Bought by
Pickens Donald E and Pickens Richard L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
City Of Indianapolis $39,000 None Listed On Document
City Of Indianapolis $39,000 None Listed On Document
Melchor Hediberto Martinez -- Enterprise Title
Melchor Hediberto Martinez $24,000 Enterprise Title
Mcdermott Group Llc -- --
Pickens Donald E -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2021 07/01/21 Sold $24,000 -19.7% $31 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $29,900 -- $39 / 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 $622 $23,300 $2,500 $20,800
2023 $622 $23,300 $2,500 $20,800
2022 $618 $23,300 $2,500 $20,800
2021 $507 $19,100 $2,500 $16,600
2020 $422 $15,400 $2,500 $12,900
2019 $428 $15,400 $2,500 $12,900
2018 $430 $15,400 $2,500 $12,900
2017 $385 $15,200 $2,500 $12,700
2016 $362 $14,500 $2,500 $12,000
2014 $326 $15,100 $2,500 $12,600
2013 $314 $15,100 $2,500 $12,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21770683

MIBOR Broker Listing Cooperative®

APN: 49-08-17-111-046.000-401