NOT LISTED FOR SALE

418 Indianapolis Ave Downers Grove, IL 60515

Estimated Value: $427,000 - $564,000

3 Beds
2 Baths
1,052 Sq Ft
$450/Sq Ft Est. Value

Last Sold February 17, 2022

Last sale price $307,500 $292 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,052/month

36 Days on Market

Highlights

  • Detached Garage
  • Combination Dining and Living Room
  • Wood Siding
  • Lester Elementary School Rated A-

About This Home

As of February 2022

Incredible location in North Downers Grove. Walking distance to nearby Elementary schools. Less than a mile from Downers Grove North High School. Tree lined street with no thru-traffic. Minutes to downtown Downers Grove. Wide open main level with patio doors leading to large deck over looking a park like yard. Side drive with detached garage and additional storage shed. New roof in 2011. Home being sold AS IS. Low taxes!!!!!! Seller offering a $2,500 credit at closing for home renovations.

Last Agent to Sell the Property

Denise Nelson

Platinum Partners Realtors License #475183029 Listed on: 12/03/2021

Platinum Partners Realtors

Co-Listed By

Silvia Bartolotta Conrad

Platinum Partners Realtors License #475183203

Last Buyer's Agent

David Mishel

Compass License #475159283

Compass

Home Details

Home Type

  • Single Family

Year Built

  • 1956

Lot Details

  • 7,841

Parking

  • Detached Garage
  • Parking Included in Price

Home Design

  • Split Level Home
  • Wood Siding

Interior Spaces

  • Combination Dining and Living Room
  • Partially Finished Basement
  • Finished Basement Bathroom

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1956

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: Split Level
  • Property Sub Type: Split Level
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Co List Office Mls Id: MRD21823
  • Co List Office Phone: (630) 435-3500
  • Directions: Fairview to Indianapolis to address
  • Lot Size: 60X130
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1956

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Has Basement: Partial
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Dining Room Type: No additional rooms

Exterior Features

  • Exterior Building Type: Wood Siding
  • Waterfront: No

Garage/Parking

  • Number of Cars: 1.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 1.5

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers
  • Sewer: Public Sewer, Sewer-Storm
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lester Elementary School
  • High School: North High School
  • Junior High Dist: 99
  • Middle Or Junior School: Herrick Middle School

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 5191.08
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2021
Closed on
Feb 14, 2022
Sold by
Tate David A and Tate Victoria
Bought by
Petersen Robert and Carrasco Maridel Alejandra
Seller's Agent
Denise Nelson
Platinum Partners Realtors
Buyer's Agent
David Mishel
Compass
List Price
$325,000
Sold Price
$307,500
Premium/Discount to List
-$17,500
-5.38%
Current Estimated Value
$473,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,098
Avg. Annual Appreciation
8.32%
Original Mortgage
$307,500
Outstanding Balance
$287,299
Interest Rate
3.25%
Mortgage Type
VA
Estimated Equity
$120,393
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
Petersen Robert $307,500 Citywide Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petersen Robert $307,500
Previous Owner Tate David A $129,000
Previous Owner Tate David A $101,793
Previous Owner Tate David A $206,000
Previous Owner Tate David A $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2022 02/17/22 Sold $307,500 -5.4% $292 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
12/03/2021 12/03/21 For Sale $325,000 -- $309 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 -- $117,265 $70,979 $46,286
2023 $5,655 $107,800 $65,250 $42,550
2022 $5,655 $102,080 $61,780 $40,300
2021 $5,292 $100,920 $61,080 $39,840
2020 $5,191 $98,920 $59,870 $39,050
2019 $5,022 $94,920 $57,450 $37,470
2018 $4,774 $89,530 $57,110 $32,420
2017 $4,618 $86,160 $54,960 $31,200
2016 $4,521 $82,230 $52,450 $29,780
2015 $4,464 $77,370 $49,350 $28,020
2014 $4,051 $68,840 $43,620 $25,220
2013 $3,968 $68,520 $43,420 $25,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11280702

Midwest Real Estate Data (MRED)

APN: 09-05-421-020