NOT LISTED FOR SALE

4241 Mathews Ave Indianapolis, IN 46227

University Heights Neighborhood

Estimated Value: $181,000 - $224,362

2 Beds
2 Baths
1,600 Sq Ft
$126/Sq Ft Est. Value

Sale Details

Date Sold: March 10, 2017

Last sale price $91,500 $57 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,239 / mo

75 Days on Market

Highlights

  • 0.45 Acre Lot
  • Ranch Style House
  • Eat-In Kitchen
  • Mature Trees
  • Thermal Windows
  • Built-in Bookshelves

About This Home

As of March 2017

NEW PRICE! Potential CASH COW! Investment opportunity to flip OR keep it & rent. WALKING DISTANCE to the Univ of Indpls! This sprawling 2 bd+den ALL BRICK ranch has had all the major work already done incl new dimensional roof & HVAC in '14, new water heater & washer '16. Fresh paint, updated clg fans & newer vinyl win. On suite master bath! HUGE utility rm could be converted to bdrm, office space great for students, huge rec rm & owner says attic could be another bdrm. 1/2 acre lot!

Last Agent to Sell the Property

Suzanne Roell-Carlson

Smart Choice Realtors, LLC License #RB14043640 Listed on: 12/24/2016

Co-Listed By

Kathleen Roell

Smart Choice Realtors, LLC License #RB14046069

Last Buyer's Agent

Rebecca Braganza

Indiana Real Estate Group, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 19,733 Sq Ft Lot
  • Back Yard Fenced
  • Mature Trees

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,600 Sq Ft Home
  • Built-in Bookshelves
  • Wood Burning Fireplace
  • Thermal Windows
  • Window Screens
  • Great Room with Fireplace
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Driveway

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Gas Water Heater

Community Details

  • Martin Burtons Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491031112001006501

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0.45 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1950
  • Co List Office Phone: 317-884-5478
  • Garage Y N: Yes
  • Lot Size Acres: 0.453
  • Subdivision Name: MARTIN BURTONS
  • Inspection Warranties: Not Applicable
  • Property Description: NEW PRICE! Potential CASH COW! Investment opportunity to flip OR keep it & rent. WALKING DISTANCE to the Univ of Indpls! This sprawling 2 bd+den ALL BRICK ranch has had all the major work already done incl new dimensional roof & HVAC in '14, new water heater & washer '16. Fresh paint, updated clg fans & newer vinyl win. On suite master bath! HUGE utility rm could be converted to bdrm, office space great for students, huge rec rm & owner says attic could be another bdrm. 1/2 acre lot!
  • Transaction Type: Sale
  • Website: www.SmartChoiceIndy.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Disposal, Kit Exhaust, Oven, Range Hood, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Great Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Built In Book Shelves, Screens Complete, Windows Thermal
  • Living Area: 1600
  • Other Equipment: Smoke Detector
  • Room Count: 6
  • Areas Interior: Laundry Room Main Level,Utility Room
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1600
  • Main Level Sq Ft: 1600
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1600
  • Below Grade Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini, Driveway Concrete, Fence Full Rear
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 2 Car Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage

Utilities

  • Sewer: Sewer Connected
  • Cooling: Heat Pump
  • Heating: Forced Air, Heat Pump
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491031112001006501
  • Acres: 1/4-1/2 Acre
  • Lot Information: Tree Mature
  • Lot Number: 20
  • Lot Size: 19,733

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2800
  • Semi Annual Property Tax Amt: 1400
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2025
Sold by
Braganza Rebecca P and Braganza Bradley J
Bought by
Dorado Casa Llc
Current Estimated Value
$201,591

Purchase Details

Listed on
Dec 24, 2016
Closed on
Mar 9, 2017
Sold by
Thorman Fred
Bought by
Braganza Rebecca P and Braganza Bradley J
Seller's Agent
Suzanne Roell-Carlson
Smart Choice Realtors, LLC
Buyer's Agent
Rebecca Braganza
Indiana Real Estate Group, LLC
List Price
$99,500
Sold Price
$91,500
Premium/Discount to List
-$8,000
-8.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
Original Mortgage
$73,200
Interest Rate
4.17%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 9, 2012
Sold by
Huck Veronica M and Estate Of Ruth M Chrism
Bought by
Thorman Fred and Mellinger Stephanie Joy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dorado Casa Llc -- Investors Title
Braganza Rebecca P -- --
Thorman Fred -- Ctic Emerson
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Braganza Rebecca P $73,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2017 03/10/17 Sold $91,500 0.0% $57 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
02/06/2017 02/06/17 Off Market $91,500 -- --
01/24/2017 01/24/17 Price Changed $94,900 -4.6% $59 / Sq Ft
12/23/2016 12/23/16 For Sale $99,500 -- $62 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $2,040 $198,400 $33,800 $164,600
2024 $2,009 $174,500 $33,800 $140,700
2023 $2,009 $166,200 $33,800 $132,400
2022 $1,940 $158,000 $33,800 $124,200
2021 $1,638 $136,200 $33,800 $102,400
2020 $1,567 $130,100 $33,800 $96,300
2019 $1,378 $117,600 $25,600 $92,000
2018 $1,273 $110,300 $25,600 $84,700
2017 $621 $80,700 $25,600 $55,100
2016 $1,856 $85,000 $25,600 $59,400
2014 $2,664 $123,200 $25,600 $97,600
2013 $2,562 $123,200 $25,600 $97,600
Source: Public Records

Agents Affiliated with this Home

  • Suzanne Roell-Carlson

    Seller's Agent in 2017

    Suzanne Roell-Carlson

    Smart Choice Realtors, LLC

    (317) 506-2530

    4 in this area

    168 Total Sales

    Suzanne Roell-Carlson
    Section Image

  • K

    Seller Co-Listing Agent in 2017

    Kathleen Roell

    Smart Choice Realtors, LLC

    (317) 506-4430

    1 in this area

    102 Total Sales

    Kathleen Roell
    Section Image

  • R

    Buyer's Agent in 2017

    Rebecca Braganza

    Indiana Real Estate Group, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21458035

MIBOR Broker Listing Cooperative®

APN: 49-10-31-112-001.006-501

Indiana Marion County Indianapolis 46227 University Heights

4241 Mathews Ave, Indianapolis, IN

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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID

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