NOT LISTED FOR SALE

421 Indianapolis Ave Downers Grove, IL 60515

Estimated Value: $406,000 - $1,014,000

2 Beds
1 Bath
988 Sq Ft
$835/Sq Ft Est. Value

Last Sold October 18, 2016

Last sale price $232,500 $235 Per Sq Ft

Est. 255% increase in value since last sale

Current estimated payment $5,664/month

2 Days on Market

Highlights

  • Ranch Style House
  • Sun or Florida Room
  • Galley Kitchen
  • Lester Elementary School Rated A-
  • Detached Garage
  • Central Air

About This Home

As of October 2016

Calling all Builders, Investors, 1st Time Homebuyers! Lots of potential to rehab or BUILD your new dream home, in an area with new construction. Minutes to Metra and downtown Downers Grove. Also listed to be built. MLS 09307600

Last Agent to Sell the Property

Julie Carr

Coldwell Banker Realty License #475130983 Listed on: 09/20/2016

Coldwell Banker Realty

Last Buyer's Agent

Pearl Glorioso

Berkshire Hathaway HomeServices Chicago License #475127133

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,423

Year Built

  • 1956

Lot Details

  • 7,841

Parking

  • Detached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Sun or Florida Room
  • Galley Kitchen

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,423

Year Built

1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 22X13, On Level: Main Level, Flooring: Hardwood
  • Basement: Full
  • Basement: Unfinished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 13X9, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 13X9, On Level: Main Level
  • Kitchen Type: Galley
  • Additional Rooms: Sun/Florida Room
  • Master Bedroom: Dimensions: 10X11, On Level: Main Level, Windows: None
  • Additional Room 1 Name: Sunroom, Dimensions: 22X11, On Level: Main Level
  • Bedroom 2: Dimensions: 10X11, On Level: Main Level, Windows: None
  • Estimated Sq Ft: 988
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Aluminum Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.184

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Storm
  • Heating Fuel: Gas

Schools

  • School District: 99
  • Elementary School: LESTER ELEMENTARY SCHOOL
  • Middle School: HERRICK MIDDLE SCHOOL
  • Junior High Dist: 58

Lot Info

  • Lot Dimensions: 60X134
  • Parcel Identification Number: 0905422006

Tax Info

  • Taxes: 4649.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2016
Closed on
Oct 18, 2016
Sold by
Steve Carr Builders & Developers Llc
Bought by
Mazza Joseph and Mazza Margaret
Seller's Agent
Julie Carr
Coldwell Banker Realty
Buyer's Agent
Pearl Glorioso
Berkshire Hathaway HomeServices Chicago
List Price
$239,000
Sold Price
$232,500
Premium/Discount to List
-$6,500
-2.72%
Current Estimated Value
$825,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$592,577
Avg. Annual Appreciation
15.11%
Original Mortgage
$220,875
Outstanding Balance
$181,997
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$643,080

Purchase Details

Closed on
Jul 27, 2016
Sold by
Morrison Herbert M
Bought by
Steve Carr Builders & Developers Llc

Purchase Details

Closed on
Jul 15, 2010
Sold by
Wayne Hummer Trust Company Na
Bought by
Morrison Herbert M

Purchase Details

Closed on
Jul 10, 2008
Sold by
Morrison Herbert M and Morrison Mary L
Bought by
Wayne Hummer Trust Co Na and Trust Bev-2889
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
Mazza Joseph $232,500 Fidelity National Title
Steve Carr Builders & Developers Llc $195,000 Attorney
Morrison Herbert M -- None Available
Wayne Hummer Trust Co Na -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mazza Joseph $220,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2016 10/18/16 Sold $232,500 -2.7% $235 / Sq Ft
09/22/2016 09/22/16 Pending -- -- --
09/20/2016 09/20/16 For Sale $239,000 -- $242 / 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 $15,423 $280,783 $70,979 $209,804
2023 $14,682 $258,120 $65,250 $192,870
2022 $12,560 $244,410 $61,780 $182,630
2021 $11,742 $241,630 $61,080 $180,550
2020 $11,330 $233,810 $59,870 $173,940
2019 $10,920 $224,350 $57,450 $166,900
2018 $4,971 $92,980 $57,110 $35,870
2017 $4,809 $89,480 $54,960 $34,520
2016 $4,708 $85,390 $52,450 $32,940
2015 $4,650 $80,340 $49,350 $30,990
2014 $3,901 $71,520 $43,620 $27,900
2013 $3,820 $71,190 $43,420 $27,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09346681

Midwest Real Estate Data (MRED)

APN: 09-05-422-006