NOT LISTED FOR SALE

4131 E 40th Street Dr S Indianapolis, IN 46226

Forest Manor Neighborhood

Estimated Value: $126,000 - $172,660

3 Beds
1 Bath
1,236 Sq Ft
$118/Sq Ft Est. Value

Last Sold September 24, 2018

Last sale price $65,000 $53 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $883/month

31 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Programmable Thermostat
  • Outdoor Storage
  • Patio
  • Ranch Style House
  • Forced Air Heating and Cooling System

About This Home

As of September 2018

Investor Special!! Cash is key on this one. It has great potential as a buy and hold or flip. Needs work and some updating. There are hardwood floors, lots of natural light and a attached garage. This house has tons of potential!

Last Agent to Sell the Property

Travis Curtis

Highgarden Real Estate License #RB17001561 Listed on: 07/31/2018

Last Buyer's Agent

Jacqueline Barnett

Brownstone Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $606

Year Built

  • Built in 1948

Lot Details

  • 0.28 Acre Lot

Parking

  • Garage

Home Design

  • Midcentury Modern Architecture
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,236 Sq Ft Home
  • Living Room with Fireplace
  • Family or Dining Combination
  • Attic Access Panel

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Programmable Thermostat
  • Gas Water Heater

Community Details

  • Association fees include sewer
  • Miller & Seamons Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490716110083000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$606

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Mid-Century Modern, Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1948
  • Garage Y N: Yes
  • Lot Size Acres: 0.2847
  • Subdivision Name: MILLER & SEAMONS
  • Inspection Warranties: SeeRemarks
  • Property Description: Investor Special!! Cash is key on this one. It has great potential as a buy and hold or flip. Needs work and some updating. There are hardwood floors, lots of natural light and a attached garage. This house has tons of potential!
  • Transaction Type: Sale
  • Lifestyles: Other/See Remarks
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access
  • Living Area: 1236
  • Other Equipment: Programmable Thermostat
  • Room Count: 6
  • Areas Interior: Foyer Small
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1236
  • Main Level Sq Ft: 1236
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: See Remarks
  • Total Sq Ft: 1236
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Storage
  • Foundation Details: Block
  • List Price: 69000
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio

Garage/Parking

  • Fuel: No Fuel Source
  • Garage Parking Description: 1 Car Attached
  • Num Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Gas Connected,Municipal Sewer Available,Municipal Water Available
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: N/A

Fee Information

  • Association Fee Includes: Sewer, Other
  • Mandatory Fee: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490716110083000801
  • Acres: 1/4-1/2 Acre
  • Lot Information: Rural In Subdivision
  • Lot Number: 59
  • Lot Size: 12,402

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 606
  • Semi Annual Property Tax Amt: 303
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools
  • Schools: Arlington Woods School 99 Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2018
Closed on
Sep 24, 2018
Sold by
Mokarran Properties Indy Llc
Bought by
Bernard Sonya R
Seller's Agent
Travis Curtis
Highgarden Real Estate
Buyer's Agent
Jacqueline Barnett
Brownstone Realty Group
List Price
$69,000
Sold Price
$65,000
Premium/Discount to List
-$4,000
-5.8%
Current Estimated Value
$146,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,165
Avg. Annual Appreciation
12.40%
Original Mortgage
$61,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 31, 2018
Closed on
Aug 23, 2018
Sold by
Marion County Sheriff
Bought by
Mokarran Properties Indy Llc
Seller's Agent
Travis Curtis
Highgarden Real Estate
Buyer's Agent
Jacqueline Barnett
Brownstone Realty Group
List Price
$69,000
Sold Price
$65,000
Premium/Discount to List
-$4,000
-5.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2018
Sold by
Marion County Sheriff
Bought by
Mokarran Properties Indy Llc
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
Bernard Sonya R $65,000 Title Services, Llc
Mokarran Properties Indy Llc $47,900 None Available
Mokarran Properties Indy Llc $47,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernard Sonya R $70,000
Closed Bernard Sonya R $61,750
Previous Owner Mckissack Wanda J $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2018 09/24/18 Sold $65,000 -5.8% $53 / Sq Ft
09/01/2018 09/01/18 Pending -- -- --
07/31/2018 07/31/18 For Sale $69,000 -- $56 / 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 $1,051 $107,700 $13,600 $94,100
2023 $1,051 $107,700 $13,600 $94,100
2022 $1,079 $106,200 $13,600 $92,600
2021 $1,008 $99,100 $13,600 $85,500
2020 $692 $82,400 $6,600 $75,800
2019 $562 $74,800 $6,600 $68,200
2018 $629 $77,600 $6,600 $71,000
2017 $682 $80,200 $6,600 $73,600
2016 $599 $77,300 $6,600 $70,700
2014 $666 $81,700 $6,600 $75,100
2013 $670 $81,700 $6,600 $75,100
Source: Public Records

Agents Affiliated with this Home

  • Travis Curtis

    Seller's Agent in 2018

    Travis Curtis

    Highgarden Real Estate

    (317) 650-1459

    34 Total Sales

    Travis Curtis
    Section Image

  • J

    Buyer's Agent in 2018

    Jacqueline Barnett

    Brownstone Realty Group

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21584879

MIBOR Broker Listing Cooperative®

APN: 49-07-16-110-083.000-801

Indiana Marion County Indianapolis 46226 Forest Manor

4131 E 40th Street Dr S, Indianapolis, IN

This home is located at 4131 E 40th Street Dr S, Indianapolis, IN 46226 since 31 July 2018 and is currently estimated at $146,165, approximately $118 per square foot. This property was built in 1948. 4131 E 40th Street Dr S 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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