NOT LISTED FOR SALE

4041 Kentucky Ave Indianapolis, IN 46221

Mars Hill Neighborhood

Estimated Value: $240,000 - $275,000

3 Beds
2 Baths
1,650 Sq Ft
$155/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $175,000 $106 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,637/month

83 Days on Market

Highlights

  • 0.68 Acre Lot
  • Breakfast Room
  • Country Kitchen
  • Ranch Style House
  • Thermal Windows
  • Patio

About This Home

As of July 2020

When we say, Like New, we really mean All New. This desirable home has ben totally rebuilt. It features improved floorplan and very stylish choices for wall colors, flooring, kitchen cabinets, counter tops, etc. Come move right in … all kitchen appliances stay and home warranty included. The bathrooms are gorgeous, the doors are custom built, and the floorplan features a split bedroom layout. Stylish open porch in front, big back yard in the rear, and even the carport is Designer Style. Plenty of parking is available for any allowable home occupation business.

Last Agent to Sell the Property

Jeneene West

Jeneene West Realty, LLC License #RB14038544 Listed on: 02/28/2020

Last Buyer's Agent

Rodney Heard

eXp Realty LLC

eXp Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $580

Year Built

  • Built in 1940

Lot Details

  • 0.68

Home Design

  • Ranch Style House
  • Block Foundation

Interior Spaces

  • 1,650 Sq Ft Home
  • Thermal Windows
  • Breakfast Room

Kitchen

  • Country Kitchen
  • Electric Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Carport
  • Driveway

Utilities

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

Additional Features

  • Patio
  • 0.68 Acre Lot
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 491225111005000200

Home Details

Home Type

Single Family

Est. Annual Taxes

$580

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1940
  • Garage Y N: No
  • Lot Size Acres: 0.68
  • Subdivision Name: METES & BOUNDS
  • Inspection Warranties: Warranty Homebuyers
  • Property Description: When we say, Like New, we really mean All New. This desirable home has ben totally rebuilt. It features improved floorplan and very stylish choices for wall colors, flooring, kitchen cabinets, counter tops, etc. Come move right in … all kitchen appliances stay and home warranty included. The bathrooms are gorgeous, the doors are custom built, and the floorplan features a split bedroom layout. Stylish open porch in front, big back yard in the rear, and even the carport is Designer Style. Plenty of parking is available for any allowable home occupation business.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Windows Thermal
  • Living Area: 1650
  • Other Equipment: Water-Softener Owned
  • Room Count: 7
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1650
  • Main Level Sq Ft: 1650
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1650
  • Kitchen Features: Kitchen Country

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt
  • Foundation Details: Block
  • List Price: 175000
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: Carport

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491225111005000200
  • Acres: 1/2-1 Acre
  • Lot Information: Suburban
  • Lot Number: 0
  • Lot Size: 29,621

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 580
  • Semi Annual Property Tax Amt: 290
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Decatur Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2020
Closed on
Jul 17, 2020
Sold by
Deakin Darrell and Deakin Shelia
Bought by
Vest Hannah K
Seller's Agent
Jeneene West
Jeneene West Realty, LLC
Buyer's Agent
Rodney Heard
eXp Realty LLC
List Price
$177,000
Sold Price
$175,000
Premium/Discount to List
-$2,000
-1.13%
Current Estimated Value
$260,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,064
Avg. Annual Appreciation
7.70%
Original Mortgage
$171,830
Outstanding Balance
$154,648
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$100,493
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
Vest Hannah K $175,000 Meridian Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vest Hannah K $15,202
Open Vest Hannah K $171,830
Previous Owner Deakin Darrell $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold $175,000 0.0% $106 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
05/15/2020 05/15/20 Price Changed $175,000 -1.1% $106 / Sq Ft
05/15/2020 05/15/20 For Sale $177,000 +1.1% $107 / Sq Ft
05/02/2020 05/02/20 Off Market $175,000 -- --
04/27/2020 04/27/20 Price Changed $177,000 -0.6% $107 / Sq Ft
02/28/2020 02/28/20 For Sale $178,000 -- $108 / 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 $2,639 $242,000 $20,700 $221,300
2023 $2,639 $218,300 $20,700 $197,600
2022 $2,209 $177,600 $20,700 $156,900
2021 $1,808 $142,700 $20,700 $122,000
2020 $130 $27,300 $20,700 $6,600
2019 $792 $26,500 $20,700 $5,800
2018 $768 $26,000 $20,700 $5,300
2017 $1,634 $25,900 $20,700 $5,200
2016 $755 $25,800 $20,700 $5,100
2014 $568 $25,300 $20,700 $4,600
2013 $506 $25,300 $20,700 $4,600
Source: Public Records

Agents Affiliated with this Home

  • Jeneene West

    Seller's Agent in 2020

    Jeneene West

    Jeneene West Realty, LLC

    (317) 856-4719

    58 in this area

    461 Total Sales

    Section Image

  • R

    Buyer's Agent in 2020

    Rodney Heard

    eXp Realty LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21697471

MIBOR Broker Listing Cooperative®

APN: 49-12-25-111-005.000-200

Indiana Marion County Indianapolis 46221 Mars Hill

4041 Kentucky Ave, Indianapolis, IN

This home is located at 4041 Kentucky Ave, Indianapolis, IN 46221 since 28 February 2020 and is currently estimated at $255,141, approximately $154 per square foot. This property was built in 1940. 4041 Kentucky Ave is a home located in Marion County with nearby schools including Blue Academy, Decatur Middle School, and Decatur Central 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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