NOT LISTED FOR SALE

4020 Bowman Ave Indianapolis, IN 46227

University Heights Neighborhood

Estimated Value: $147,000 - $217,000

2 Beds
1 Bath
1,705 Sq Ft
$101/Sq Ft Est. Value

Sale Details

Date Sold: May 11, 2018

Last sale price $125,000 $73 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,179 / mo

Highlights

  • Traditional Architecture
  • 1-Story Property
  • Garage
  • Formal Dining Room
  • Forced Air Heating and Cooling System

About This Home

As of May 2018

Sold to investment company

Last Agent to Sell the Property

Jill Martin

F.C. Tucker Company License #RB14044511 Listed on: 05/11/2018

F.C. Tucker Company

Co-Listed By

Mel Fletcher

Last Buyer's Agent

Keith Turnbill

RE/MAX Advanced Realty

RE/MAX Advanced Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $802

Year Built

  • Built in 1926

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,705 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Elders University Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491031101097000574

Home Details

Home Type

Single Family

Est. Annual Taxes

$802

Year Built

Built in 1926

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2007
  • Year Built: 1926
  • Co List Office Phone: 317-888-3311
  • Garage Y N: Yes
  • Lot Size Acres: 0.12
  • Subdivision Name: ELDERS UNIVERSITY HEIGHTS
  • Inspection Warranties: General,Warranty Homebuyers
  • Property Description: Sold to investment company
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Dryer,Electric Oven,Refrigerator,Washer
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Living Area: 1705
  • Other Equipment: Satellite Dish Paid,Security Alarm Paid
  • Room Count: 10
  • Areas Interior: Bedroom Other on Main,Living Room Formal,Laundry in Basement
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 857
  • Main Level Sq Ft: 857
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1705
  • Below Grade Sq Ft: 848
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel,Fence Full Rear
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Construction Stage: Resale
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Detached
  • Garage Parking Other: Garage Door Opener

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491031101097000574
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks
  • Lot Number: 93
  • Lot Size: 40 X 135

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 802
  • Semi Annual Property Tax Amt: 401
  • Tax Exemption: OtherTaxExemption/See Remarks

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2018
Closed on
May 8, 2018
Sold by
Patel Mitesh
Seller's Agent
Jill Martin
F.C. Tucker Company
Buyer's Agent
Keith Turnbill
RE/MAX Advanced Realty
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$171,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,921
Avg. Annual Appreciation
4.07%
Original Mortgage
$86,250
Outstanding Balance
$22,026
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$149,895

Purchase Details

Closed on
Jun 30, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Cousin Capital Llc

Purchase Details

Closed on
Sep 11, 2008
Sold by
Gibson Amy M and Gibson Darren L
Bought by
Patel Mitesh M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,570
Interest Rate
6.57%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
-- $125,000 --
Soh Rental Properties Llc $125,000 Royal Title Services
Cousin Capital Llc -- None Available
Patel Mitesh M -- Fat
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soh Rental Properties Llc $86,250
Previous Owner Patel Mitesh M $78,570
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2018 05/11/18 Sold $125,000 0.0% $73 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $125,000 0.0% $73 / Sq Ft
01/26/2015 01/26/15 Rented $795 -6.5% --
01/22/2015 01/22/15 Under Contract -- -- --
11/10/2014 11/10/14 For Rent $850 -- --
Source: MIBOR Broker Listing Cooperative®

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
2025 $3,284 $138,000 $18,200 $119,800
2024 $2,996 $138,400 $18,200 $120,200
2023 $2,996 $122,600 $18,200 $104,400
2022 $2,678 $109,800 $18,200 $91,600
2021 $2,308 $96,400 $18,200 $78,200
2020 $2,234 $92,900 $18,200 $74,700
2019 $2,151 $87,700 $13,800 $73,900
2018 $2,014 $81,700 $13,800 $67,900
2017 $1,778 $80,300 $13,800 $66,500
2016 $472 $73,400 $13,800 $59,600
2014 $381 $64,600 $13,800 $50,800
2013 $448 $63,900 $13,800 $50,100
Source: Public Records

Agents Affiliated with this Home

  • Jill Martin

    Seller's Agent in 2018

    Jill Martin

    F.C. Tucker Company

    (317) 414-4668

    3 in this area

    194 Total Sales

    Jill Martin
    Section Image

  • M

    Seller Co-Listing Agent in 2018

    Mel Fletcher

  • K

    Buyer's Agent in 2018

    Keith Turnbill

    RE/MAX

    Section Image
  • Lynda King

    Buyer's Agent in 2018

    Lynda King

    RE/MAX Advanced Realty

    (317) 431-2935

    8 in this area

    87 Total Sales

    Lynda King
    Section Image

  • M

    Seller's Agent in 2015

    Mike Taylor

    Red Door Real Estate

    (317) 362-4064

    28 Total Sales

    Mike Taylor
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21557055

MIBOR Broker Listing Cooperative®

APN: 49-10-31-101-001.213-501

Indiana Marion County Indianapolis 46227 University Heights

4020 Bowman Ave, Indianapolis, IN

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® 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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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