$140,000
SOLD JAN 20, 2022 RENTED APR 15, 2025

421 Fletcher Ln Beech Grove, IN 46107

2 Beds
1 Bath
900 Sq Ft
5,314 Sq Ft Lot

Recently Sold

$156 Per Sq Ft

10% Below List Price

51 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • 1 Car Attached Garage
  • Mature Trees
  • No HOA
  • Patio

About This Home

As of January 2022

Great investment opportunity with a long term tenant already in place. Wonderful Beech Grove bungalow with hardwood floors, an eat-in kitchen and great backyard! Rent is $1,000 per month. This is a tenant occupied property. Current lease is through 8/14/2022. Recent improvements to property: 2019 Sewer Line, 2020 Windows, 2019 HVAC, Electrical 2019, New Roof in process via insurance claim for hail damage from 2021 Spring Storm.

Last Agent to Sell the Property

Daniel Baldini

Polaris Real Estate Group, INC Brokerage Email: dan@polarismanage.com License #RB14027484 Listed on: 10/29/2021

Last Buyer's Agent

Will Lonnemann

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $726

Year Built

  • Built in 1951

Lot Details

  • 5,314 Sq Ft Lot
  • Mature Trees

Parking

  • 1 Car Attached Garage

Home Design

  • Bungalow
  • Vinyl Siding
  • Recycled Construction Materials

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Updated Kitchen
  • Gas Oven
  • Range Hood

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Schools

  • Beech Grove Middle School
  • Beech Grove Sr High School

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Underwood Simpson Park Subdivision
  • Property managed by Polaris Property Management

Listing and Financial Details

  • Property Available on 10/29/21
  • Tenant pays for carpet cleaning, insurance, all utilities
  • The owner pays for taxes
  • Legal Lot and Block 109 / 4
  • Assessor Parcel Number 491028116047000502

Home Details

Home Type

Single Family

Est. Annual Taxes

$726

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1951
  • Building Area Total: 900
  • Garage Y N: Yes
  • Lot Size Acres: 0.122
  • Subdivision Name: Underwood Simpson Park
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: dan@polarismanage.com
  • Attribution Contact: dan@polarismanage.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Gas Oven, Range Hood, Refrigerator, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Furnished: Unfurnished
  • Interior Amenities: Hardwood Floors
  • Living Area: 900
  • Main Level Bedrooms: 2
  • Other Equipment: Smoke Alarm
  • Owner Pays: Taxes
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 900
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Some Updates
  • Upper Level Sq Ft: 0
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Fence Full Rear
  • List Price: 144900
  • Patio And Porch Features: Open Patio

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

  • Heating: Forced Air, Natural Gas
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No
  • Pets Allowed: W/Approval
  • Property Management Company: Polaris Property Management
  • Property Management Company Contact: Dan Baldini
  • Property Management Company Email: dan@polarismanage.com
  • Property Management Company Phone: 317-870-3249

Schools

  • Middle Or Junior School: Beech Grove Middle School

Lot Info

  • Lot Features: Curbs, Sidewalks, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 5314
  • Parcel Number: 491028116047000502
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No
  • Green Features: Recycled Materials

Rental Info

  • Available Date: 2021-10-29
  • Tenant Pays: Carpet Cleaning, Insurance, All Utilities
  • Min Lease Req: 12
  • Smoking: No
  • Pet Deposit Refundable Y N: No
  • Security Deposit Refundable Y N: Yes
  • Application Website: https://polaris.twa.rentmanager.com/applynow

Tax Info

  • Tax Annual Amount: 726
  • Tax Block: 4
  • Tax Lot: 109
  • Semi Annual Property Tax Amt: 363
  • Tax Exemption: Homestead Tax Exemption,Mortgage Tax Exemption

MLS Schools

  • High School: Beech Grove Sr High School
  • Schools: BEECH GROVE HIGH,BEECH GROVE MIDDLE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Aug 29, 2023
Sold by
Rendon Arsenia
Bought by
Rendon Investments Llc
Seller's Agent
Daniel Baldini
Polaris Real Estate Group, INC
Buyer's Agent
Daniel Baldini
Polaris Real Estate Group, INC
Sold Price
$1,095
Views
18
Current Estimated Value
$160,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,778

Purchase Details

Listed on
Mar 16, 2022
Closed on
Jan 26, 2022
Sold by
Jeffrey Dawes
Bought by
Rendon Arsenia
Seller's Agent
Daniel Baldini
Polaris Real Estate Group, INC
Buyer's Agent
Daniel Baldini
Polaris Real Estate Group, INC
Sold Price
$1,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%
Original Mortgage
$105,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2022
Closed on
Jan 20, 2022
Sold by
Jeffrey Dawes
Bought by
Rendon Arsenia
Seller's Agent
Daniel Baldini
Polaris Real Estate Group, INC
Buyer's Agent
Daniel Baldini
Polaris Real Estate Group, INC
Sold Price
$1,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 28, 2019
Closed on
Jun 26, 2019
Sold by
Brown Crystal
Bought by
Dawes Jeffrey
Seller's Agent
Daniel Baldini
Polaris Real Estate Group, INC
Buyer's Agent
Daniel Baldini
Polaris Real Estate Group, INC
Sold Price
$970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.76%
Original Mortgage
$76,500
Interest Rate
3.9%
Mortgage Type
New Conventional
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed -- Schmitz David A
Warranty Deed $140,000 Schmitz David A
Warranty Deed $90,000 Security Title Services
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $105,000 New Conventional
Previous Owner $105,000 New Conventional
Previous Owner $76,800 No Value Available
Previous Owner $76,500 New Conventional
Previous Owner $65,391 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Rented $1,250 0.0% --
04/15/2025 04/15/25 Under Contract -- -- --
04/15/2025 04/15/25 For Rent $1,250 +13.6% --
07/17/2024 07/17/24 Rented $1,100 0.0% --
07/17/2024 07/17/24 Under Contract -- -- --
07/17/2024 07/17/24 For Rent $1,100 +0.5% --
08/03/2023 08/03/23 Rented $1,095 0.0% --
07/29/2023 07/29/23 Under Contract -- -- --
07/28/2023 07/28/23 For Rent $1,095 0.0% --
03/16/2022 03/16/22 Rented $1,095 0.0% --
03/16/2022 03/16/22 For Rent $1,095 0.0% --
01/20/2022 01/20/22 Sold $140,000 -9.7% $156 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $155,000 0.0% $172 / Sq Ft
07/05/2021 07/05/21 Rented -- -- --
07/05/2021 07/05/21 For Rent $1,035 +4.0% --
06/23/2020 06/23/20 Rented $995 0.0% --
06/23/2020 06/23/20 For Rent $995 +2.6% --
07/12/2019 07/12/19 Rented $970 0.0% --
06/28/2019 06/28/19 For Rent $970 0.0% --
06/26/2019 06/26/19 Sold $90,000 -4.8% $100 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $94,500 -- $105 / 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 $2,769 $111,400 $14,000 $97,400
2023 $2,769 $99,600 $14,000 $85,600
2022 $2,534 $88,600 $14,000 $74,600
2021 $2,431 $87,800 $14,000 $73,800
2020 $2,374 $91,200 $14,000 $77,200
2019 $855 $78,100 $11,600 $66,500
2018 $725 $66,500 $11,600 $54,900
2017 $644 $61,000 $11,600 $49,400
2016 $878 $62,000 $11,600 $50,400
2014 $618 $61,100 $11,600 $49,500
2013 $609 $61,100 $11,600 $49,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21822199

MIBOR Broker Listing Cooperative®

APN: 49-10-28-116-047.000-502