NOT LISTED FOR SALE

402 S Spencer Ave Indianapolis, IN 46219

Irvington Neighborhood

Estimated Value: $138,000 - $167,000

2 Beds
1 Bath
864 Sq Ft
$177/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $148,000 $171 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $934/month

1 Day on Market

Highlights

  • Ranch Style House
  • No HOA
  • Screened Patio
  • Wood Flooring
  • 2 Car Detached Garage
  • Combination Kitchen and Dining Room

About This Home

As of November 2022

This move in ready home is a MUST SEE for a first-time homeowner or investor! Recently updated two-bedroom one bathroom ranch with full basement features newly renovated Kitchen with new granite countertops and extended island, bathroom, hard wood floors, new furnace and air conditioner, three-dimensional roof, fenced in back yard, detached 24X24 insulated detached garage and the interior and exterior have both been recently painted. The seller is motivated to sell and at this price won't last long.

Last Agent to Sell the Property

Christopher Wood

Brooklyn Realty Group, LLC Brokerage Email: cdwood14@hotmail.com License #RB17000997 Listed on: 10/17/2022

Last Buyer's Agent

Christopher Wood

Brooklyn Realty Group, LLC Brokerage Email: cdwood14@hotmail.com License #RB17000997 Listed on: 10/17/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $502

Year Built

  • Built in 1900

Lot Details

  • 6,795

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • Window Screens
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Attic Access Panel

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heat Pump System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Screened Patio
  • 6,795 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Myers University Place Subdivision

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 491010179037000701

Home Details

Home Type

Single Family

Est. Annual Taxes

$502

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1900
  • Building Area Total: 1728
  • Garage Y N: Yes
  • Lot Size Acres: 0.16
  • Subdivision Name: Myers University Place
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: cdwood14@hotmail.com
  • Attribution Contact: cdwood14@hotmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Appliances: Electric Cooktop, Dishwasher, Disposal, Microwave, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 864
  • Interior Amenities: Attic Access, Hardwood Floors, Screens Complete
  • Living Area: 864
  • Main Level Bedrooms: 2
  • Other Equipment: Not Applicable
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 864
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 1

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Foundation Details: Full, Block
  • List Price: 135000
  • Patio And Porch Features: Screened

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Garage Sq Ft: 144

Utilities

  • Utilities: Cable Connected, Gas, Sewer Connected, Water Connected
  • Cooling: Central Electric
  • Heating: Heat Pump, Electric, Gas
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 6795
  • Parcel Number: 491010179037000701
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 502
  • Tax Lot: 21
  • Semi Annual Property Tax Amt: 251
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2022
Closed on
Nov 28, 2022
Sold by
Pavey Anthony Joseph and Pavey Jennifer Irene
Bought by
Mains Cecil R and Mains Debra Kay
Seller's Agent
Christopher Wood
Brooklyn Realty Group, LLC
Buyer's Agent
Christopher Wood
Brooklyn Realty Group, LLC
List Price
$135,000
Sold Price
$148,000
Premium/Discount to List
$13,000
9.63%
Current Estimated Value
$152,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,981
Avg. Annual Appreciation
1.93%
Original Mortgage
$45,000
Outstanding Balance
$43,871
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$111,921

Purchase Details

Closed on
Dec 20, 2021
Sold by
Pavey Anthony E and Pavey Jo Linda
Bought by
Pavey Anthony Joseph and Pavey Jennifer Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,822
Interest Rate
3.09%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 14, 2021
Sold by
Pavey Anthony E and Pavey Jo Linda
Bought by
Pavey Anthony Joseph and Pavey Jennifer Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,822
Interest Rate
3.09%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Mains Cecil R $148,000 --
Pavey Anthony Joseph $64,460 Drake Andrew R
Pavey Anthony Joseph $65,000 Drake Andrew R
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mains Cecil R $45,000
Previous Owner Pavey Anthony Joseph $63,822
Previous Owner Pavey Anthony Joseph $63,822
Previous Owner Pavey Anthony E $73,000
Previous Owner Pavey Anthony E $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $148,000 +9.6% $171 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
10/17/2022 10/17/22 For Sale $135,000 -- $156 / 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 $1,152 $109,900 $9,400 $100,500
2023 $1,152 $110,400 $9,400 $101,000
2022 $551 $72,800 $9,400 $63,400
2021 $502 $63,000 $9,400 $53,600
2020 $456 $57,400 $9,500 $47,900
2019 $419 $52,200 $9,500 $42,700
2018 $370 $45,000 $9,500 $35,500
2017 $332 $44,600 $9,500 $35,100
2016 $253 $34,800 $9,500 $25,300
2014 $158 $33,500 $9,500 $24,000
2013 $237 $33,500 $9,500 $24,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Christopher Wood

    Brooklyn Realty Group, LLC

    (317) 629-9367

    1 in this area

    7 Total Sales

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21888743

MIBOR Broker Listing Cooperative®

APN: 49-10-10-179-037.000-701

Indiana Marion County Indianapolis 46219 Irvington

402 S Spencer Ave, Indianapolis, IN

This home is located at 402 S Spencer Ave, Indianapolis, IN 46219 since 17 October 2022 and is currently estimated at $152,981, approximately $177 per square foot. This property was built in 1900. 402 S Spencer Ave is a home located in Marion County with nearby schools including Christian Park School 82, 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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