NOT LISTED FOR SALE

Estimated Value: $155,553 - $194,000

3 Beds
2 Baths
1,578 Sq Ft
$106/Sq Ft Est. Value

Last Sold April 06, 2015

Last sale price $11,000 $7 Per Sq Ft

Est. 1,419% increase in value since last sale

Current estimated payment $1,112/month

40 Days on Market

Highlights

  • Woodwork
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Bungalow

About This Home

As of April 2015

Centrally located with easy access to everything. This 3BR, 2BA home has a flowing floor plan and half the work has been done to the house. Backyard is a great space for cookouts. Make sure to bring your investors through. Rents in this area are between $700-$750 for 3BR homes. For very little investment, you can have a great cash flowing property.

Last Agent to Sell the Property

Jason Royer

eXp Realty, LLC License #RB14032599 Listed on: 02/20/2015

eXp Realty, LLC

Last Buyer's Agent

Vanessa Lenoir

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1921

Lot Details

  • 5,750 Sq Ft Lot

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,578 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • Montrose Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490718103586000801

Home Details

Home Type

Single Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1921
  • Garage Y N: No
  • Lot Size Acres: 0.132
  • Subdivision Name: MONTROSE
  • Inspection Warranties: Not Applicable
  • Property Description: Centrally located with easy access to everything. This 3BR, 2BA home has a flowing floor plan and half the work has been done to the house. Backyard is a great space for cookouts. Make sure to bring your investors through. Rents in this area are between $700-$750 for 3BR homes. For very little investment, you can have a great cash flowing property.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Interior Amenities: Wood Work Painted
  • Living Area: 1578
  • Other Equipment: Not Applicable
  • Room Count: 5
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1218
  • Main Level Sq Ft: 1218
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1578
  • Below Grade Sq Ft: 360
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 19900
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,Gas Connected
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490718103586000801
  • Acres: <1/4 Acre
  • Lot Number: 235
  • Lot Size: 5732

Tax Info

  • Tax Annual Amount: 918
  • Semi Annual Property Tax Amt: 459
  • Tax Exemption: MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2015
Sold by
Walton Lettie F
Bought by
Home Rentals 2 Limited Liability Company
Current Estimated Value
$167,138

Purchase Details

Listed on
Feb 20, 2015
Closed on
Apr 6, 2015
Sold by
Swages Real Estate Llc
Bought by
Walton Lettie F
Seller's Agent
Jason Royer
eXp Realty, LLC
Buyer's Agent
Vanessa Lenoir
List Price
$24,900
Sold Price
$11,000
Premium/Discount to List
-$13,900
-55.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.99%

Purchase Details

Listed on
May 22, 2013
Closed on
Jul 9, 2013
Sold by
Federal Home Loan Mortgage Corporatio
Bought by
Swages Real Estate Llc
Seller's Agent
Hugh Blackwood
CENTURY 21 Scheetz
Buyer's Agent
Sung Lee
Goal Properties
List Price
$29,900
Sold Price
$25,000
Premium/Discount to List
-$4,900
-16.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-36.95%

Purchase Details

Listed on
May 22, 2013
Closed on
Jun 27, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Swages Real Estate Llc
Seller's Agent
Hugh Blackwood
CENTURY 21 Scheetz
Buyer's Agent
Sung Lee
Goal Properties
List Price
$29,900
Sold Price
$25,000
Premium/Discount to List
-$4,900
-16.39%

Purchase Details

Closed on
Apr 25, 2013
Sold by
Olinger John P and Olinger Sheriff
Bought by
Federal Home Loan Mortgage Corporatio

Purchase Details

Closed on
Apr 17, 2013
Sold by
John R L
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 31, 2007
Sold by
Marion Mike Johnson
Bought by
Olinger John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
9%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 13, 2006
Sold by
Deutsche Bank National Trust Co
Bought by
Johnson Mike and Olinger John

Purchase Details

Closed on
Jun 1, 2006
Sold by
Brown Wanda K
Bought by
Deutsche Bank National Trust Co
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Home Rentals 2 Limited Liability Company -- None Available
Walton Lettie F -- None Available
Swages Real Estate Llc -- --
Swages Real Estate Llc $25,000 --
Federal Home Loan Mortgage Corporatio -- --
Federal Home Loan Mortgage Corporation $46,700 --
Olinger John -- None Available
Johnson Mike -- None Available
Deutsche Bank National Trust Co $40,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olinger John $63,000
Previous Owner Olinger John $58,500
Previous Owner Olinger John $36,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2015 04/06/15 Sold $11,000 -44.7% $7 / Sq Ft
04/02/2015 04/02/15 Pending -- -- --
02/27/2015 02/27/15 Price Changed $19,900 -20.1% $13 / Sq Ft
02/20/2015 02/20/15 For Sale $24,900 -0.4% $16 / Sq Ft
06/27/2013 06/27/13 Sold $25,000 -16.4% $14 / Sq Ft
06/11/2013 06/11/13 Pending -- -- --
05/22/2013 05/22/13 For Sale $29,900 -- $16 / 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 $2,666 $108,700 $13,900 $94,800
2023 $2,666 $108,700 $13,900 $94,800
2022 $2,428 $101,400 $13,900 $87,500
2021 $1,858 $76,900 $3,300 $73,600
2020 $1,720 $70,700 $3,300 $67,400
2019 $1,629 $65,600 $3,300 $62,300
2018 $1,327 $52,400 $3,300 $49,100
2017 $1,115 $48,900 $3,300 $45,600
2016 $1,035 $46,200 $3,300 $42,900
2014 $997 $46,100 $3,300 $42,800
2013 $316 $44,300 $3,300 $41,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21337190

MIBOR Broker Listing Cooperative®

APN: 49-07-18-103-586.000-801