NOT LISTED FOR SALE

4040 Bowman Ave Indianapolis, IN 46227

University Heights Neighborhood

Estimated Value: $248,000 - $286,342

3 Beds
1 Bath
2,587 Sq Ft
$100/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $230,000 $89 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,638/month

39 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • 2 Car Detached Garage

About This Home

As of April 2023

Check out this classic home with a large living room with a fireplace, gigantic family room with a wood burning stove, a formal dining room, an expansive basement with another fireplace, 3 roomy bedrooms. The primary bedroom has a huge closet as well as a full bathroom. Other features include a 2 car detached garage and is just down the street from University of Indianapolis.

Last Agent to Sell the Property

Lynda King

RE/MAX Advanced Realty License #RB14035185 Listed on: 01/18/2023

RE/MAX Advanced Realty

Last Buyer's Agent

David Ongley

Berkshire Hathaway Home

Berkshire Hathaway Home

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,410

Year Built

  • Built in 1928

Lot Details

  • 0.25

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Attic Access Panel
  • Fire and Smoke Detector
  • Electric Oven
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 0.25 Acre Lot
  • City Lot

Community Details

  • Elders University Heights Subdivision

Listing and Financial Details

  • Tax Lot 501
  • Assessor Parcel Number 491031101001157501

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,410

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Two Story
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1928
  • Building Area Total: 3515
  • Garage Y N: Yes
  • Lot Size Acres: 0.25
  • Subdivision Name: Elders University Heights
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: turnbillk@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Electric Oven
  • Levels: Two
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 133
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access
  • Living Area: 2587
  • Other Equipment: Smoke Alarm
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 1227
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 1227
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick, Wood
  • Foundation Details: Block
  • List Price: 234900

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Fuel: No Fuel Source
  • Garage Sq Ft: 576

Utilities

  • Cooling: Central Electric
  • Heating: Electric
  • Water Source: Municipal/City
  • Solid Waste: Yes

Lot Info

  • Lot Features: City Lot
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 10800
  • Parcel Number: 491031101001157501
  • Acres: 1/4-1/2 Acre
  • Price Acre: 920000

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 4410
  • Tax Lot: 501
  • Semi Annual Property Tax Amt: 2205

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Apr 11, 2023
Sold by
Soh Rental Properties Llc
Bought by
Bucy Miranda
Seller's Agent
Lynda King
RE/MAX Advanced Realty
Buyer's Agent
David Ongley
Berkshire Hathaway Home
List Price
$234,900
Sold Price
$230,000
Premium/Discount to List
-$4,900
-2.09%
Views
91
Current Estimated Value
$259,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,086
Avg. Annual Appreciation
5.24%
Original Mortgage
$13,800
Outstanding Balance
$11,027
Interest Rate
5.54%
Estimated Equity
$249,255

Purchase Details

Closed on
Jan 16, 2018
Sold by
Dockery Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2004
Sold by
Barnett Louise D and Barnett Robert B
Bought by
Dockery Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
5.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Bucy Miranda $230,000 None Listed On Document
-- $193,000 --
Soh Rental Properties Llc -- Royal Title Services
Dockery Pamela J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bucy Miranda $13,800
Open Bucy Miranda $218,980
Previous Owner Soh Rental Properties Llc $127,500
Previous Owner Dockery Pamela J $105,050
Previous Owner Dockery Pamela J $103,000
Previous Owner Dockery Pamela J $30,000
Previous Owner Dockery Pamela J $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $230,000 -2.1% $89 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $234,900 -- $91 / 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 $3,086 $281,800 $36,400 $245,400
2023 $3,086 $249,300 $36,400 $212,900
2022 $4,695 $223,300 $36,400 $186,900
2021 $4,695 $197,600 $36,400 $161,200
2020 $4,411 $190,500 $36,400 $154,100
2019 $3,907 $165,500 $13,800 $151,700
2018 $1,770 $141,600 $13,800 $127,800
2017 $1,580 $138,700 $13,800 $124,900
2016 $1,198 $125,800 $13,800 $112,000
2014 $1,073 $109,400 $13,800 $95,600
2013 $1,201 $108,300 $13,800 $94,500
Source: Public Records

Agents Affiliated with this Home

  • Lynda King

    Seller's Agent in 2023

    Lynda King

    RE/MAX Advanced Realty

    (317) 431-2935

    8 in this area

    86 Total Sales

    Lynda King
    Section Image

  • D

    Buyer's Agent in 2023

    David Ongley

    Berkshire Hathaway Home

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21901221

MIBOR Broker Listing Cooperative®

APN: 49-10-31-101-001.157-501

Indiana Marion County Indianapolis 46227 University Heights

4040 Bowman Ave, Indianapolis, IN

This home is located at 4040 Bowman Ave, Indianapolis, IN 46227 since 18 January 2023 and is currently estimated at $259,086, approximately $100 per square foot. This property was built in 1928. 4040 Bowman Ave is a home located in Marion County with nearby schools including Eleanor Skillen School No. 34, George W. Julian School No. 57, and James A. Garfield School 31.

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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