NOT LISTED FOR SALE

4036 Central Ave Indianapolis, IN 46205

Meridian Kessler Neighborhood

Estimated Value: $444,000 - $528,000

6 Beds
-- Bath
3,707 Sq Ft
$131/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $315,000 $85 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,212/month

40 Days on Market

About This Home

As of August 2021

One of the largest doubles with extra lot for off-street parking. ALL BRICK. It's an over-under double so living is on one floor. 1st floor unit had wall removed to make a large master bedroom; has 1 1/2 baths. Upstairs unit has 3 bedrooms, 2 full baths; both units have large sunroom, living and dining rooms, updated kitchen and breakfast nook. Stove, fridge, dishwashers remain. Some windows are thermal. Washer/dryer common laundry is in basement accessible by both units. Sold as-is. Make offers with repairs in mind.

Last Agent to Sell the Property

Pegg Kennedy

F.C. Tucker Company License #RB14043636 Listed on: 07/08/2021

F.C. Tucker Company

Last Buyer's Agent

Pegg Kennedy

F.C. Tucker Company License #RB14043636 Listed on: 07/08/2021

F.C. Tucker Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,926

Year Built

  • Built in 1932

Lot Details

  • 9,932 Sq Ft Lot
  • Back Yard Fenced

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 3-Story Property
  • Basement

Community Details

  • Chester Place Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for inshazard, insurance, lawncare, taxes, sewer
  • Assessor Parcel Number 490613114012000801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,926

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1932
  • Lot Size Acres: 0.228
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: CHESTER PLACE
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Three Or More
  • Owner Pays: InsHazard, Insurance, Lawncare, Taxes, Sewer
  • Possible Use: Residential
  • Sq Ft Main Upper: 0
  • Gross Area Sq Ft: 5412
  • Laundry: Common

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt, Fence Full Rear
  • Foundation Details: Block
  • Road Access: CityStreet,StreetCuts

Garage/Parking

  • Carport Spaces: 1
  • Unit Parking: Covered,Guest Parking,Paved Area,2 Car Space

Utilities

  • Solid Waste: 1

Fee Information

  • Insurance Expenses: 1000

Lot Info

  • Property Attached Yn: No
  • Current Use: Residential
  • Parcel Number: 490613114012000801
  • Zoning: 7001
  • Acres: <1/4 Acre
  • Lot Information: Access Street,Busline,Sidewalks,Storm Sewer,Street Lights
  • Lot Number: 22
  • Lot Size: 9,932

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 4926
  • Semi Annual Property Tax Amt: 2463
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Sep 3, 2021
Sold by
Joe Mack Huston Revocable Trust and Mckown Philip M
Bought by
Metrospaces Llc
Seller's Agent
Pegg Kennedy
F.C. Tucker Company
Buyer's Agent
Pegg Kennedy
F.C. Tucker Company
List Price
$380,000
Sold Price
$315,000
Premium/Discount to List
-$65,000
-17.11%
Current Estimated Value
$486,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,000
Avg. Annual Appreciation
10.33%
Original Mortgage
$339,714
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 8, 2021
Closed on
Aug 31, 2021
Sold by
Huston Trust
Bought by
Metrospaces Llc
Seller's Agent
Pegg Kennedy
F.C. Tucker Company
Buyer's Agent
Pegg Kennedy
F.C. Tucker Company
List Price
$380,000
Sold Price
$315,000
Premium/Discount to List
-$65,000
-17.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,714
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 11, 2020
Sold by
Huston J Mack
Bought by
Huston Trust
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
Metrospaces Llc -- Enterprise Title
Metrospaces Llc -- Enterprise Title
Huston Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Metrospaces Llc $339,714
Closed Metrospaces Llc $339,714
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $315,000 -17.1% $85 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $380,000 -- $103 / Sq Ft
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
2024 $8,261 $340,100 $58,600 $281,500
2023 $8,261 $340,100 $58,600 $281,500
2022 $7,781 $340,100 $58,600 $281,500
2021 $7,067 $298,300 $40,000 $258,300
2020 $5,107 $298,300 $40,000 $258,300
2019 $5,197 $298,300 $40,000 $258,300
2018 $3,237 $188,100 $40,000 $148,100
2017 $2,852 $185,100 $40,000 $145,100
2016 $2,641 $179,100 $40,000 $139,100
2014 $2,684 $180,900 $40,000 $140,900
2013 $2,795 $180,900 $40,000 $140,900
Source: Public Records

Agents Affiliated with this Home

  • Pegg Kennedy

    Seller's Agent in 2021

    Pegg Kennedy

    F.C. Tucker Company

    (317) 223-1692

    36 in this area

    225 Total Sales

    Pegg Kennedy
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21796672

MIBOR Broker Listing Cooperative®

APN: 49-06-13-114-012.000-801

Indiana Marion County Indianapolis 46205 Meridian Kessler

4036 Central Ave, Indianapolis, IN

Not Listed for Sale

MultiFamily

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