NOT LISTED FOR SALE

406 N Gladstone Ave Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $120,000 - $201,602

4 Beds
2 Baths
2,475 Sq Ft
$62/Sq Ft Est. Value

Last Sold November 30, 2012

Last sale price $16,000 $6 Per Sq Ft

Est. 856% increase in value since last sale

Current estimated payment $975/month

298 Days on Market

About This Home

As of November 2012

Great 4 bedroom rental property. Ready to rent or move in. In great shape for the price. Formally rented section 8 for 800 a month. Hard to find a better rate of return on your investment.

Last Agent to Sell the Property

Scott Burdine

RE/MAX At The Crossing License #RB14046910 Listed on: 01/26/2012

RE/MAX At The Crossing

Last Buyer's Agent

Stephanie Kimble

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $792

Year Built

  • 1910

Lot Details

  • 6,098

Interior Spaces

  • L-Shaped Dining Room

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$792

Year Built

1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Architectural Style: Two Story
  • Directions: Washington Street east from Sherman to Gladstone. North to home
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: TUXEDO PARK
  • Special Features: None
  • Year Built: 1910

Interior Features

  • Appliances: None
  • Has Basement: Unfinished
  • Eating Area: Dining-L
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1725
  • Main Level Sq Ft: 975
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Below Grade Sq Ft: 750
  • Upper Level Sq Ft: 750
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: Basement
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: Smoke Detector

Exterior Features

  • Foundation Details: Crawl Space
  • Association Maintained Building Exterior: 0
  • Construction Type: Aluminum Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Detached

Utilities

  • Cooling: None
  • Heating: Forced Air
  • Solid Waste: 1
  • Water Heater: Gas
  • Sewer: Sewer Connected
  • Water Source: Public

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Sidewalks
  • Lot Number: 33/35
  • Lot Size: 40x136

Tax Info

  • Semi Annual Property Tax Amt: 396
  • Tax Exemption: None
  • Tax Annual Amount: 792
  • Tax Year: 2011

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2025
Sold by
N & L & F Property Solutions Llc
Bought by
1Piece Holdings Llc
Current Estimated Value
$152,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Outstanding Balance
$191,320
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
-$38,419

Purchase Details

Closed on
Aug 12, 2024
Sold by
Aurum 2 Llc
Bought by
N & L & F Property Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,800
Interest Rate
2.5%

Purchase Details

Closed on
Aug 7, 2024
Sold by
Jefferson Tamela
Bought by
Aurum 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,800
Interest Rate
2.5%

Purchase Details

Closed on
Aug 5, 2024
Sold by
Aurum 2 Llc
Bought by
N & L & F Property Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,800
Interest Rate
2.5%

Purchase Details

Listed on
Jan 26, 2012
Closed on
Dec 31, 2012
Sold by
Burdine Stephen M
Bought by
Jefferson Tamela
Seller's Agent
Scott Burdine
RE/MAX At The Crossing
Buyer's Agent
Stephanie Kimble
List Price
$16,000
Sold Price
$16,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.32%

Purchase Details

Listed on
Jan 26, 2012
Closed on
Nov 30, 2012
Sold by
Burdine Stephen M
Bought by
Jefferson Tamela
Seller's Agent
Scott Burdine
RE/MAX At The Crossing
Buyer's Agent
Stephanie Kimble
List Price
$16,000
Sold Price
$16,000

Purchase Details

Closed on
Feb 15, 2006
Sold by
Wessel Dennis K
Bought by
Burdine Stephen M
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
1Piece Holdings Llc -- None Listed On Document
N & L & F Property Solutions Llc $115,000 Fidelity National Title
Aurum 2 Llc $115,000 None Listed On Document
N & L & F Property Solutions Llc -- Fidelity National Title
Aurum 2 Llc -- None Listed On Document
Jefferson Tamela -- --
Jefferson Tamela $16,000 --
Burdine Stephen M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1Piece Holdings Llc $192,000
Previous Owner N & L & F Property Solutions Llc $32,800
Previous Owner N & L & F Property Solutions Llc $140,000
Previous Owner N & L & F Property Solutions Llc $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2012 11/30/12 Sold $16,000 0.0% $6 / Sq Ft
11/20/2012 11/20/12 Pending -- -- --
01/26/2012 01/26/12 For Sale $16,000 -- $6 / 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 $1,914 $81,300 $7,300 $74,000
2023 $1,914 $77,000 $7,300 $69,700
2022 $1,904 $77,000 $7,300 $69,700
2021 $1,422 $58,000 $7,300 $50,700
2020 $1,217 $49,000 $2,200 $46,800
2019 $359 $36,400 $2,200 $34,200
2018 $758 $35,100 $2,200 $32,900
2017 $301 $32,400 $2,200 $30,200
2016 $270 $29,700 $2,200 $27,500
2014 $208 $28,500 $2,200 $26,300
2013 $230 $31,300 $2,200 $29,100
Source: Public Records

Agents Affiliated with this Home

  • Scott Burdine

    Seller's Agent in 2012

    Scott Burdine

    RE/MAX At The Crossing

    (317) 861-6933

    4 in this area

    69 Total Sales

    Scott Burdine
    Section Image

  • S

    Buyer's Agent in 2012

    Stephanie Kimble

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21158184

MIBOR Broker Listing Cooperative®

APN: 49-10-04-119-260.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

406 N Gladstone Ave, Indianapolis, IN

This home is located at 406 N Gladstone Ave, Indianapolis, IN 46201 since 26 January 2012 and is currently estimated at $152,901, approximately $61 per square foot. This property was built in 1910. 406 N Gladstone Ave is a home located in Marion County with nearby schools including Ralph Waldo Emerson School 58, Arlington Community Middle School, and Arsenal Technical 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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