NOT LISTED FOR SALE

433 N Gibson Ave Indianapolis, IN 46219

East Warren Neighborhood

Estimated Value: $178,110 - $193,000

2 Beds
1 Bath
1,565 Sq Ft
$118/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $25,000 $16 Per Sq Ft

Est. 637% increase in value since last sale

Current estimated payment $1,025/month

9 Days on Market

Highlights

  • L-Shaped Dining Room
  • Forced Air Heating and Cooling System
  • Garage
  • 1-Story Property

About This Home

As of August 2017

Investment Opportunity Near Eastgate Neighborhood of Indianapolis. It’s a Beautiful Brick Single Family Home with 2 beds and 1 bath. Great Rental Area! The house has Solid Bones, but requires Some TLC. It has a detached brick two car garage. It has a big size backyard that comes with a storage shed, a long drive way and a good size unfinished basement. There is original hardwood flooring throughout the house. The property is currently vacant. So There is a Potential To Bring In a Stable Monthly Cash Flow!

Last Agent to Sell the Property

Jaren Barnes

Listed on: 08/23/2017

Co-Listed By

Brett Snodgrass

Red Bridge Real Estate License #RB14036993

Last Buyer's Agent

Ronnie Reese

Red Bridge Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938

Lot Details

  • 10,019 Sq Ft Lot

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,565 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • L-Shaped Dining Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Elders Marion Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490906111016000700

Home Details

Home Type

Single Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1938
  • Co List Office Phone: 812-216-8602
  • Garage Y N: Yes
  • Lot Size Acres: 0.23
  • Subdivision Name: ELDERS MARION HEIGHTS
  • Inspection Warranties: Not Applicable
  • Property Description: Investment Opportunity Near Eastgate Neighborhood of Indianapolis. It’s a Beautiful Brick Single Family Home with 2 beds and 1 bath. Great Rental Area! The house has Solid Bones, but requires Some TLC. It has a detached brick two car garage. It has a big size backyard that comes with a storage shed, a long drive way and a good size unfinished basement. There is original hardwood flooring throughout the house. The property is currently vacant. So There is a Potential To Bring In a Stable Monthly Cash Flow!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Living Area: 1565
  • Other Equipment: Not Applicable
  • Room Count: 2
  • Eating Area: Dining-L
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 989
  • Main Level Sq Ft: 989
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1565
  • Below Grade Sq Ft: 576
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Brick
  • List Price: 34900
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Detached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490906111016000700
  • Acres: <1/4 Acre
  • Lot Number: 84
  • Lot Size: 10,019

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1098
  • Semi Annual Property Tax Amt: 549
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2018
Current Estimated Value
$184,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 23, 2017
Closed on
Aug 18, 2017
Seller's Agent
Jaren Barnes
Buyer's Agent
Ronnie Reese
Red Bridge Real Estate
List Price
$34,900
Sold Price
$25,000
Premium/Discount to List
-$9,900
-28.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.74%
Original Mortgage
$70,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2008
Sold by
Grannan J Lloyd and Estate Of Mary Jo Hackett
Bought by
Oldfather Kirk
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
-- $36,800 --
Coleman Wayde $36,800 Monument Title
-- $12,300 --
-- $15,700 --
Simple Quarters Llc $15,667 Paramount Title Agency
Executive Property Investments Llc $15,667 Paramount Title Agency
Oldfather Kirk -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Coleman Wayde $36,000
Previous Owner Executive Property Investments Llc $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2017 08/31/17 Sold $25,000 -28.4% $16 / Sq Ft
08/29/2017 08/29/17 For Sale $34,900 +39.6% $22 / Sq Ft
08/23/2017 08/23/17 Off Market $25,000 -- --
08/22/2017 08/22/17 For Sale $34,900 -- $22 / 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 $704 $189,500 $32,000 $157,500
2023 $704 $84,500 $32,000 $52,500
2022 $710 $80,000 $32,000 $48,000
2021 $656 $74,000 $32,000 $42,000
2020 $563 $68,900 $32,000 $36,900
2019 $554 $62,900 $28,000 $34,900
2018 $520 $58,800 $28,000 $30,800
2017 $2,449 $57,600 $28,000 $29,600
2016 $1,173 $54,900 $28,000 $26,900
2014 $1,050 $79,400 $28,000 $51,400
2013 $138 $66,600 $14,000 $52,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jaren Barnes

  • Brett Snodgrass

    Seller Co-Listing Agent in 2017

    Brett Snodgrass

    Red Bridge Real Estate

    (317) 934-2630

    23 Total Sales

    Brett Snodgrass
    Section Image

  • R

    Buyer's Agent in 2017

    Ronnie Reese

    Red Bridge Real Estate

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21507755

MIBOR Broker Listing Cooperative®

APN: 49-09-06-111-016.000-700

Indiana Marion County Indianapolis 46219 East Warren

433 N Gibson Ave, Indianapolis, IN

This home is located at 433 N Gibson Ave, Indianapolis, IN 46219 since 23 August 2017 and is currently estimated at $184,278, approximately $117 per square foot. This property was built in 1938. 433 N Gibson Ave is a home located in Marion County with nearby schools including Hawthorne Elementary School, Raymond Park Intermediate School (5-6), and Raymond Park Middle School.

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.

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