NOT LISTED FOR SALE

4115 N Drexel Ave Indianapolis, IN 46226

Forest Manor Neighborhood

Estimated Value: $120,000 - $208,000

3 Beds
2 Baths
2,694 Sq Ft
$66/Sq Ft Est. Value

Last Sold February 04, 2016

Last sale price $54,000 $20 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $1,125/month

44 Days on Market

Highlights

  • 0.39 Acre Lot
  • Ranch Style House
  • Porch
  • Mature Trees
  • Formal Dining Room
  • Garage

About This Home

As of February 2016

3 bedroom, 2 bath brick/stone ranch home on large lot. Hardwood floors in dining room and living room. Large basement could be finished or used for workshop. With some repairs and updates this home will be the pride of the area. This home is being sold in As Is condition.

Last Agent to Sell the Property

David Salemme

Diverse Property Solutions Ind License #RB14032597 Listed on: 12/11/2015

Last Buyer's Agent

Michael Jones

RE/MAX At The Crossing

RE/MAX At The Crossing

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 0.39 Acre Lot
  • Mature Trees

Parking

  • Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Stone

Interior Spaces

  • 2,694 Sq Ft Home
  • Aluminum Window Frames
  • Living Room with Fireplace
  • Formal Dining Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Porch
  • Heating System Uses Gas

Community Details

  • Debury Creft Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490716118005000801

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1956
  • Garage Y N: Yes
  • Lot Size Acres: 0.3907
  • Subdivision Name: DEBURY CREFT
  • Inspection Warranties: Not Applicable
  • Property Description: 3 bedroom, 2 bath brick/stone ranch home on large lot. Hardwood floors in dining room and living room. Large basement could be finished or used for workshop. With some repairs and updates this home will be the pride of the area. This home is being sold in As Is condition.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Window Metal
  • Living Area: 2694
  • Other Equipment: Not Applicable
  • Room Count: 6
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1347
  • Main Level Sq Ft: 1347
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Shower Stall Full,Main Level
  • Total Sq Ft: 2694
  • Below Grade Sq Ft: 1347
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Brick, Stone
  • Disclosures: BankOwned
  • Foundation Details: Block
  • List Price: 54900
  • Association Maintained Building Exterior: 0
  • Porch: Porch Open

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: None
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: No Water Heater

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490716118005000801
  • Acres: 1/4-1/2 Acre
  • Lot Information: Tree Mature
  • Lot Number: 21
  • Lot Size: 17,019

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2548
  • Semi Annual Property Tax Amt: 1274
  • Tax Exemption: OtherTaxExemption/See Remarks

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2015
Closed on
Jan 28, 2016
Sold by
U S Bank Trust Na
Bought by
Bateman Anthony L and Bateman Nicole D
Seller's Agent
David Salemme
Diverse Property Solutions Ind
Buyer's Agent
Michael Jones
RE/MAX At The Crossing
List Price
$59,900
Sold Price
$54,000
Premium/Discount to List
-$5,900
-9.85%
Current Estimated Value
$178,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,021
Avg. Annual Appreciation
12.03%

Purchase Details

Closed on
Aug 21, 2015
Sold by
Babb Edward Maurice
Bought by
U S Bank Trust Na

Purchase Details

Closed on
Nov 5, 2007
Sold by
Quarles Jeffrey L and Quarles Ericka L
Bought by
Babb Edward Maurice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,068
Interest Rate
6.44%
Mortgage Type
FHA
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
Bateman Anthony L -- Statewide Title Company Inc
U S Bank Trust Na $55,309 None Available
Babb Edward Maurice -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Babb Edward Maurice $123,068
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2016 02/04/16 Sold $54,000 0.0% $20 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
01/13/2016 01/13/16 Off Market $54,000 -- --
01/06/2016 01/06/16 Price Changed $54,900 -8.3% $20 / Sq Ft
12/11/2015 12/11/15 For Sale $59,900 -- $22 / 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 $1,857 $154,500 $12,700 $141,800
2023 $1,857 $154,500 $12,700 $141,800
2022 $1,914 $152,200 $12,700 $139,500
2021 $1,779 $144,400 $12,700 $131,700
2020 $1,520 $122,800 $6,100 $116,700
2019 $1,373 $111,000 $6,100 $104,900
2018 $1,413 $112,100 $6,100 $106,000
2017 $1,318 $115,400 $6,100 $109,300
2016 $930 $95,600 $6,100 $89,500
2014 $2,549 $118,100 $6,100 $112,000
2013 $1,015 $118,100 $6,100 $112,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    David Salemme

    Diverse Property Solutions Ind

    (317) 362-5797

    54 Total Sales

    David Salemme
    Section Image

  • M

    Buyer's Agent in 2016

    Michael Jones

    RE/MAX

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21390819

MIBOR Broker Listing Cooperative®

APN: 49-07-16-118-005.000-801

Indiana Marion County Indianapolis 46226 Forest Manor

4115 N Drexel Ave, Indianapolis, IN

This home is located at 4115 N Drexel Ave, Indianapolis, IN 46226 since 11 December 2015 and is currently estimated at $178,021, approximately $66 per square foot. This property was built in 1956. 4115 N Drexel Ave is a home located in Marion County with nearby schools including Robert Lee Frost School 106, James Whitcomb Riley School 43, and Phalen Leadership Academy 93.

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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