NOT LISTED FOR SALE

Estimated Value: $76,000 - $147,000

3 Beds
1 Bath
933 Sq Ft
$117/Sq Ft Est. Value

Last Sold June 15, 2017

Last sale price $29,000 $31 Per Sq Ft

Est. 275% increase in value since last sale

Current estimated payment $633/month

40 Days on Market

Highlights

  • 1 Fireplace
  • 1-Story Property
  • Forced Air Heating System
  • Bungalow

About This Home

As of June 2017

Fantastic Buy and Hold Investment Opportunity in Christian Park Neighborhood of Indianapolis. Good Rental Area! It’s a Single Family Home with 3 bedrooms and 1 bath.The house has Solid Bones, might need Some TLC if/when the current tenants move out. It has an attached garage. The tenants are in the process of moving out. The Rents in the Area are $702. So There is a Potential To Bring In a Stable Monthly Cash Flow!

Last Agent to Sell the Property

Jaren Barnes

Listed on: 05/05/2017

Co-Listed By

Brett Snodgrass

Red Bridge Real Estate License #RB14036993

Last Buyer's Agent

Ronnie Reese

Red Bridge Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • Bungalow
  • Aluminum Siding

Interior Spaces

  • 933 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Window Screens
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Christian Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491009165039000101

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1949
  • Co List Office Phone: 812-216-8602
  • Garage Y N: No
  • Lot Size Acres: 0.14
  • Subdivision Name: CHRISTIAN PARK
  • Inspection Warranties: General,Not Applicable
  • Property Description: Fantastic Buy and Hold Investment Opportunity in Christian Park Neighborhood of Indianapolis. Good Rental Area! It’s a Single Family Home with 3 bedrooms and 1 bath.The house has Solid Bones, might need Some TLC if/when the current tenants move out. It has an attached garage. The tenants are in the process of moving out. The Rents in the Area are $702. So There is a Potential To Bring In a Stable Monthly Cash Flow!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Screens Some
  • Living Area: 933
  • Other Equipment: Not Applicable
  • Room Count: 6
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 933
  • Main Level Sq Ft: 933
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 933
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Foundation Details: Crawl Space
  • List Price: 32500
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: None

Fee Information

  • Association Fee Includes: Not Applicable
  • Mandatory Fee: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491009165039000101
  • Acres: <1/4 Acre
  • Lot Number: 115
  • Lot Size: 0.00 AC

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 952
  • Semi Annual Property Tax Amt: 476
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2024
Sold by
Jones John E
Bought by
4025 Brookville Rd Llc
Current Estimated Value
$108,760

Purchase Details

Listed on
May 5, 2017
Closed on
Jun 9, 2017
Bought by
John E
Seller's Agent
Jaren Barnes
Buyer's Agent
Ronnie Reese
Red Bridge Real Estate
List Price
$36,900
Sold Price
$29,000
Premium/Discount to List
-$7,900
-21.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.40%
Original Mortgage
$180,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2017
Closed on
Apr 18, 2017
Sold by
Davis Joseph W
Seller's Agent
Jaren Barnes
Buyer's Agent
Ronnie Reese
Red Bridge Real Estate
List Price
$36,900
Sold Price
$29,000
Premium/Discount to List
-$7,900
-21.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2013
Closed on
Jan 24, 2014
Sold by
Federal National Mortgage Association
Bought by
Davis Joseph W
Seller's Agent
James Goetz
Vinebrook Homes, LLC
Buyer's Agent
Daniel Witte
Witte Realty Group LLC
List Price
$35,500
Sold Price
$29,750
Premium/Discount to List
-$5,750
-16.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.75%

Purchase Details

Listed on
Nov 1, 2013
Closed on
Jan 20, 2014
Sold by
Federal National Mortgage Association
Bought by
Davis Joseph W
Seller's Agent
James Goetz
Vinebrook Homes, LLC
Buyer's Agent
Daniel Witte
Witte Realty Group LLC
List Price
$35,500
Sold Price
$29,750
Premium/Discount to List
-$5,750
-16.2%

Purchase Details

Closed on
Jul 26, 2013
Sold by
Hoff Sheriff and Hoff Matthew D
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 22, 2013
Sold by
Layton John R
Bought by
Federal National Mortgage Association ("Fanni

Purchase Details

Closed on
Feb 2, 2005
Sold by
Household Finance Corp Iii
Bought by
Hoff Matthew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.8%
Mortgage Type
New Conventional
Source: Public Records

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
4025 Brookville Rd Llc -- None Listed On Document
John E $29,000 --
Jones John E $29,000 Paramount Title Agency
-- $20,600 --
Simple Quarters Llc $20,636 Paramount Title Agency
Christopher Ellyn Homes Llc $20,636 Paramount Title Agency
Davis Joseph W $29,750 Doyle Legal Corp
Davis Joseph W $29,750 Total Title
Federal National Mortgage Association -- --
Federal National Mortgage Association ("Fanni $30,500 --
Hoff Matthew D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simple Quarters Llc $180,000
Previous Owner Hoff Matthew D $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2017 06/15/17 Sold $29,000 -10.8% $31 / Sq Ft
05/18/2017 05/18/17 Price Changed $32,500 -11.9% $35 / Sq Ft
05/05/2017 05/05/17 For Sale $36,900 +24.0% $40 / Sq Ft
01/24/2014 01/24/14 Sold $29,750 +0.8% $32 / Sq Ft
01/08/2014 01/08/14 Pending -- -- --
12/19/2013 12/19/13 Price Changed $29,500 -16.9% $32 / Sq Ft
11/01/2013 11/01/13 For Sale $35,500 -- $38 / 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 $545 $73,300 $13,100 $60,200
2023 $545 $69,700 $13,100 $56,600
2022 $677 $71,700 $13,100 $58,600
2021 $560 $62,600 $13,100 $49,500
2020 $497 $54,800 $7,000 $47,800
2019 $468 $50,300 $7,000 $43,300
2018 $448 $46,600 $7,000 $39,600
2017 $401 $46,500 $7,000 $39,500
2016 $983 $43,700 $7,000 $36,700
2014 $930 $43,000 $7,000 $36,000
2013 $336 $46,100 $7,000 $39,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21483929

MIBOR Broker Listing Cooperative®

APN: 49-10-09-165-039.000-101