$159,000
SOLD NOV 16, 2018

402 N Drexel Ave Indianapolis, IN 46201

Near Eastside Neighborhood
3 Beds
1.5 Baths
2,864 Sq Ft
5,271 Sq Ft Lot

Recently Sold

$56 Per Sq Ft

6 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • 2 Car Detached Garage
  • Traditional Architecture
  • Formal Dining Room
  • Thermal Windows

About This Home

As of July 2021

Exquisite piece of historical Americana renovated by 3rd generation master carpenter;Desirable location;Newly refinished narrow plank hardwoods;Luxurious Chalet Master Bath & Jet Tub; Fireplace; Gourmet kitchen w/ Viking Gas Cook Top; Walk in Closets in each bedroom;Unique Walk-thru staircase from kitchen to living room;Dining Room has original Gatsby window seat & built in China Cabinet;Meticulously & artistically customized, fenced-in backyard & oversized pergola covered deck;Fresh Paint; Original Lead glass in front with new windows throughout;Basement partially finished with abundant daylight; Seller has a recent pre-listing inspection from reputable Center Grove Real Estate Home Inspections, stating that no defects were found

Last Agent to Sell the Property

Steven Minton

eXp Realty, LLC License #RB14037208 Listed on: 10/10/2018

eXp Realty, LLC

Last Buyer's Agent

Molly Hadley

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,674

Year Built

  • Built in 1909

Lot Details

  • 5,271 Sq Ft Lot
  • Privacy Fence
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Thermal Windows
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Sump Pump
  • Basement Lookout

Outdoor Features

  • Fire Pit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Multiple Phone Lines

Community Details

  • Elders Eastern Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491004106029000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,674

Year Built

Built in 1909

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: 1909
  • Garage Y N: Yes
  • Lot Size Acres: 0.121
  • Subdivision Name: ELDERS EASTERN HEIGHTS
  • Inspection Warranties: Not Applicable
  • Property Description: Exquisite piece of historical Americana renovated by 3rd generation master carpenter;Desirable location;Newly refinished narrow plank hardwoods;Luxurious Chalet Master Bath & Jet Tub; Fireplace; Gourmet kitchen w/ Viking Gas Cook Top; Walk in Closets in each bedroom;Unique Walk-thru staircase from kitchen to living room;Dining Room has original Gatsby window seat & built in China Cabinet;Meticulously & artistically customized, fenced-in backyard & oversized pergola covered deck;Fresh Paint; Original Lead glass in front with new windows throughout;Basement partially finished with abundant daylight; Seller has a recent pre-listing inspection from reputable Center Grove Real Estate Home Inspections, stating that no defects were found
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Partial, Finished Walls, Daylight/Lookout Windows
  • Appliances: Gas Cooktop, Dishwasher, Dryer, Disposal, MicroHood, Refrigerator, Trash Compactor, Washer
  • Levels: Two
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Raised Ceiling(s), Walk-in Closet(s), Hardwood Floors, Windows Thermal
  • Living Area: 2864
  • Other Equipment: Multiple Phone Lines, Smoke Detector, Sump Pump
  • Room Count: 8
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1913
  • Main Level Sq Ft: 962
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Tub Full with Separate Shower,Tub Whirlpool
  • Total Sq Ft: 2864
  • Kitchen Features: Breakfast Bar,Center Island
  • Below Grade Sq Ft: 951
  • Upper Level Sq Ft: 951
  • Pct Optional Level Finished: 25-50%
  • Optional Level Below Grade: Daylight Window Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Exterior Features: Fence Full Rear, Fence Privacy, Fire Pit
  • Foundation Details: Block
  • List Price: 159000
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Detached
  • Garage Parking Other: Garage Door Opener

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,Gas Connected
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: N/A

Fee Information

  • Association Fee Includes: Other
  • Mandatory Fee: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491004106029000101
  • Acres: <1/4 Acre
  • Lot Information: Curbs,Sidewalks,Tree Mature
  • Lot Number: 30
  • Lot Size: 5,271

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1674
  • Semi Annual Property Tax Amt: 837
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Jul 12, 2021
Sold by
Holt Nicholas A
Bought by
Dymond Banks
Seller's Agent
Alex Hallmann
@properties
Buyer's Agent
Dawn Whalen
F.C. Tucker Company
List Price
$214,900
Sold Price
$235,500
Premium/Discount to List
$20,600
9.59%
Total Days on Market
6
Current Estimated Value
$265,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,308
Avg. Annual Appreciation
3.14%
Original Mortgage
$232,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2018
Closed on
Nov 16, 2018
Sold by
Garland Michael A
Bought by
Holt Nicholas A
Seller's Agent
Steven Minton
eXp Realty, LLC
Buyer's Agent
Molly Hadley
F.C. Tucker Company
List Price
$159,000
Sold Price
$159,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.98%
Original Mortgage
$156,120
Interest Rate
5.5%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $235,500 None Available
Warranty Deed $159,000 First American Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $232,000 New Conventional
Previous Owner $156,120 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $235,500 +9.6% $82 / Sq Ft
06/13/2021 06/13/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $214,900 +35.2% $75 / Sq Ft
11/16/2018 11/16/18 Sold $159,000 0.0% $56 / Sq Ft
10/17/2018 10/17/18 Pending -- -- --
10/10/2018 10/10/18 For Sale $159,000 -- $56 / 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 $2,927 $232,300 $24,000 $208,300
2023 $2,927 $240,900 $24,000 $216,900
2022 $3,011 $243,900 $24,000 $219,900
2021 $2,486 $208,500 $24,000 $184,500
2020 $2,223 $186,100 $6,900 $179,200
2019 $1,977 $163,000 $6,900 $156,100
2018 $736 $83,000 $6,900 $76,100
2017 $1,750 $78,800 $6,900 $71,900
2016 $1,561 $71,500 $6,900 $64,600
2014 $1,442 $66,700 $6,900 $59,800
2013 $566 $61,800 $6,900 $54,900
Source: Public Records

Agents Affiliated with this Home

  • Alex Hallmann

    Seller's Agent in 2021

    Alex Hallmann

    @properties

    (317) 224-3335

    13 in this area

    254 Total Sales

    Alex Hallmann
    Section Image
  • Molly Hadley

    Seller Co-Listing Agent in 2021

    Molly Hadley

    F.C. Tucker Company

    (317) 446-7656

    29 in this area

    465 Total Sales

    Molly Hadley
    Section Image
  • Dawn Whalen

    Buyer's Agent in 2021

    Dawn Whalen

    F.C. Tucker Company

    (317) 459-5182

    2 in this area

    253 Total Sales

    Section Image
  • Summer Black

    Buyer Co-Listing Agent in 2021

    Summer Black

    F.C. Tucker Company

    (317) 341-4820

    3 in this area

    36 Total Sales

    Section Image

  • S

    Seller's Agent in 2018

    Steven Minton

    eXp Realty, LLC

    (317) 223-4988

    1 in this area

    22 Total Sales

    Steven Minton
    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21600493

MIBOR Broker Listing Cooperative®

APN: 49-10-04-106-029.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

402 N Drexel Ave, Indianapolis, IN

This home is located at 402 N Drexel Ave, Indianapolis, IN 46201 and is currently priced at $159,000, approximately $55 per square foot. This property was built in 1909. 402 N Drexel Ave is a home located in Marion County with nearby schools including Ralph Waldo Emerson School 58, Arlington Community Middle School, and Arsenal Technical High 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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