NOT LISTED FOR SALE

422 Monroe St Indianapolis, IN 46229

Estimated Value: $160,000 - $172,912

2 Beds
1 Bath
912 Sq Ft
$182/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $165,000 $181 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,092/month

Highlights

  • Above Ground Pool
  • Traditional Architecture
  • No HOA
  • Deck
  • Wood Flooring
  • 1-minute walk to Paul Ruster Park

About This Home

As of March 2024

Welcome to 422 Monroe St, Indianapolis, a delightful 2-bed, 1-bath haven that combines comfort and convenience. This cozy home features brand-new carpeting throughout, providing a fresh and inviting atmosphere. The recently installed furnace adds a modern touch to keep you warm in the colder months. Discover the ease of living with nearby amenities, including parks, shopping centers, and restaurants just a stone's throw away. The full basement not only offers additional space but also stays reliably dry, providing endless possibilities for storage or additional living areas. This property is a perfect blend of practicality and charm. Make 422 Monroe St your new home and embrace the relaxed lifestyle it has to offer.

Last Agent to Sell the Property

Devan Lunceford

Totalis Real Estate Solutions Brokerage Email: devan@devanlunceford.com License #RB20001289 Listed on: 02/28/2024

Last Buyer's Agent

Jocelyn Deal

eXp Realty LLC License #RB18000459

eXp Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,960

Year Built

  • Built in 1940

Lot Details

  • 8,668 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Basement Lookout

Outdoor Features

  • Above Ground Pool
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Gailcrest Subdivision

Listing and Financial Details

  • Tax Lot 68
  • Assessor Parcel Number 490903115186000724

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,960

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1940
  • Building Area Total: 1824
  • Garage Y N: Yes
  • Lot Size Acres: 0.2
  • Subdivision Name: Gailcrest
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: devan@devanlunceford.com
  • Attribution Contact: devan@devanlunceford.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Daylight/Lookout Windows, Full
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Gas Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors
  • Living Area: 912
  • Main Level Bedrooms: 2
  • Eating Area: Dining Combo/Living Room,Separate Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 912
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Fence Full Rear, Privacy
  • Foundation Details: Block
  • List Price: 164900
  • Patio And Porch Features: Covered Porch, Deck Main Level, Open Patio
  • Pool Features: Above Ground
  • Pool Private Y N: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Garage Sq Ft: 400

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air
  • Laundry Features: In Basement
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 8668
  • Parcel Number: 490903115186000724
  • Acres: <1/4 Acre
  • Price Acre: 825000

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1960
  • Tax Lot: 68
  • Semi Annual Property Tax Amt: 980

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
Apr 15, 2024
Sold by
Frank Fort One Llc
Bought by
Scott Robert
Seller's Agent
Devan Lunceford
Totalis Real Estate Solutions
Buyer's Agent
Jocelyn Deal
eXp Realty LLC
List Price
$164,900
Sold Price
$165,000
Premium/Discount to List
$100
0.06%
Views
20
Current Estimated Value
$166,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,228
Avg. Annual Appreciation
0.50%
Original Mortgage
$156,750
Outstanding Balance
$154,552
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$11,676

Purchase Details

Listed on
Feb 28, 2024
Closed on
Apr 4, 2024
Sold by
Sanders Richard C and Sanders Betty L
Bought by
Frank Fort One Llc
Seller's Agent
Devan Lunceford
Totalis Real Estate Solutions
Buyer's Agent
Jocelyn Deal
eXp Realty LLC
List Price
$164,900
Sold Price
$165,000
Premium/Discount to List
$100
0.06%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Outstanding Balance
$154,552
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$11,676

Purchase Details

Listed on
Feb 28, 2024
Closed on
Feb 16, 2024
Sold by
Sanders Richard C and Sanders Betty L
Bought by
Frank Fort One Llc
Seller's Agent
Devan Lunceford
Totalis Real Estate Solutions
Buyer's Agent
Jocelyn Deal
eXp Realty LLC
List Price
$164,900
Sold Price
$165,000
Premium/Discount to List
$100
0.06%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Outstanding Balance
$154,552
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$11,676
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
Scott Robert $165,000 First American Title
Frank Fort One Llc $115,000 First American Title
Frank Fort One Llc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Robert $156,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $165,000 +0.1% $181 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $164,900 -- $181 / 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 $2,571 $117,000 $15,100 $101,900
2023 $2,571 $107,100 $15,100 $92,000
2022 $2,231 $97,100 $15,100 $82,000
2021 $1,992 $86,300 $15,100 $71,200
2020 $1,843 $79,600 $15,100 $64,500
2019 $1,742 $75,100 $13,900 $61,200
2018 $1,581 $68,100 $13,900 $54,200
2017 $1,311 $61,700 $13,900 $47,800
2016 $1,326 $62,400 $13,900 $48,500
2014 $1,262 $60,800 $13,900 $46,900
2013 $1,262 $60,800 $13,900 $46,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21966052

MIBOR Broker Listing Cooperative®

APN: 49-09-03-115-186.000-724