NOT LISTED FOR SALE

4054 Bowman Ave Indianapolis, IN 46227

University Heights Neighborhood

Estimated Value: $177,000 - $254,356

3 Beds
2 Baths
1,940 Sq Ft
$116/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $135,000 $70 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,438/month

22 Days on Market

Highlights

  • No HOA
  • 2 Car Garage
  • Carpet
  • Forced Air Heating System

About This Home

As of March 2023

***The home is currently leased, but the tenant is moving out on February 11, 2023*** This is a lovely 3 bedroom two-story home just blocks from University of Indianapolis. The tax records show that this home is 1,860 square feet with a large detached garage. This could be a great investment property or a home for a student or owner/occupant. The home is located on a quiet street in a nicely established community. Convenient to interstates, downtown, etc.

Last Agent to Sell the Property

Lynda King

RE/MAX Advanced Realty License #RB14035185 Listed on: 01/11/2023

RE/MAX Advanced Realty

Last Buyer's Agent

Michelle West

House Smart Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910 | Remodeled

Lot Details

  • 0.25

Parking

  • 2 Car Garage

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Attic Access Panel
  • Fire and Smoke Detector
  • Gas Oven
  • Unfinished Basement

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • 0.25 Acre Lot
  • City Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Elders University Heights Subdivision

Listing and Financial Details

  • Tax Lot 501
  • Assessor Parcel Number 491031101001395501

Home Details

Home Type

Single Family

Year Built

Built in 1910 | Remodeled

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: 1910
  • Building Area Total: 2501
  • 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: Gas Oven
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 80
  • Interior Amenities: Attic Access
  • Living Area: 1940
  • Other Equipment: Smoke Alarm
  • Eating Area: None
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 930
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 930
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Block
  • List Price: 179900
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Garage Spaces: 2
  • Fuel: No Fuel Source
  • Garage Sq Ft: 576

Utilities

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

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: City Lot, Curbs
  • Property Attached Yn: No
  • Lot Size Sq Ft: 10803
  • Parcel Number: 491031101001395501
  • Acres: 1/4-1/2 Acre
  • Price Acre: 540000

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3796
  • Tax Lot: 501
  • Semi Annual Property Tax Amt: 1898

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Mar 21, 2023
Sold by
Soh Rental Properties Llc
Bought by
Tefenlili Ozkan and Tefenili Dalia
Seller's Agent
Lynda King
RE/MAX Advanced Realty
Buyer's Agent
Michelle West
House Smart Realty, LLC
List Price
$179,900
Sold Price
$135,000
Premium/Discount to List
-$44,900
-24.96%
Views
156
Current Estimated Value
$225,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,089
Avg. Annual Appreciation
23.19%
Original Mortgage
$100,000
Outstanding Balance
$97,523
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$127,527

Purchase Details

Closed on
Mar 29, 2018
Sold by
Downey Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.43%
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
Tefenlili Ozkan $135,000 Chicago Title
-- $183,000 --
Soh Rental Properties Llc $183,000 Royal Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tefenlili Ozkan $100,000
Previous Owner Soh Rental Properties Llc $140,000
Previous Owner Downey Jeffrey A $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2023 03/24/23 Sold $135,000 -25.0% $70 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
01/11/2023 01/11/23 For Sale $179,900 -- $93 / 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 $2,647 $237,900 $36,400 $201,500
2023 $2,647 $212,700 $36,400 $176,300
2022 $4,659 $191,300 $36,400 $154,900
2021 $4,055 $169,700 $36,400 $133,300
2020 $3,930 $163,800 $36,400 $127,400
2019 $3,143 $127,500 $13,800 $113,700
2018 $1,298 $109,700 $13,800 $95,900
2017 $1,113 $107,600 $13,800 $93,800
2016 $900 $98,000 $13,800 $84,200
2014 $656 $85,800 $13,800 $72,000
2013 $775 $84,900 $13,800 $71,100
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

  • M

    Buyer's Agent in 2023

    Michelle West

    House Smart Realty, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21900384

MIBOR Broker Listing Cooperative®

APN: 49-10-31-101-001.395-501

Indiana Marion County Indianapolis 46227 University Heights

4054 Bowman Ave, Indianapolis, IN

This home is located at 4054 Bowman Ave, Indianapolis, IN 46227 since 11 January 2023 and is currently estimated at $225,089, approximately $116 per square foot. This property was built in 1910. 4054 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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