NOT LISTED FOR SALE

4380 Asbury St Indianapolis, IN 46227

University Heights Neighborhood

Estimated Value: $112,972 - $138,000

1 Bed
1 Bath
544 Sq Ft
$233/Sq Ft Est. Value

Last Sold December 18, 2018

Last sale price $39,000 $72 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $703/month

19 Days on Market

Highlights

  • 1 Acre Lot
  • Bungalow
  • Forced Air Heating System
  • Mature Trees
  • 1-Story Property
  • Combination Dining and Living Room

About This Home

As of December 2018

Awesome investment opportunity for rental or flip, amazing deal in University Heights! Great location is less than a mile from University of Indianapolis. Was previously used as a rental of $700 monthly with a capitalization rate potential of 12.9%. This sale includes 2 parcels totaling 1.34 acres. The house provides 1 bed, 1 bath, and 1 bonus room with detached 2-car tandem garage. Both structures have good bones needing TLC. This property has amazing potential and plenty of room for expansion. Sold "As-Is". Don't miss out on this excellent deal!

Last Agent to Sell the Property

Abigail Vivo

Berkshire Hathaway Home License #RB17001703 Listed on: 11/14/2018

Berkshire Hathaway Home

Last Buyer's Agent

David Menzer

M.S.WOODS REAL ESTATE, LLC License #RB14045339

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $814

Year Built

  • Built in 1946

Lot Details

  • 1 Acre Lot
  • Mature Trees

Parking

  • Garage

Home Design

  • Bungalow
  • Slab Foundation
  • Aluminum Siding

Interior Spaces

  • 544 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Attic Access Panel
  • Fire and Smoke Detector
  • Gas Oven

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 491031118004000501

Home Details

Home Type

Single Family

Est. Annual Taxes

$814

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1946
  • Garage Y N: Yes
  • Lot Size Acres: 1
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Other
  • Property Description: Awesome investment opportunity for rental or flip, amazing deal in University Heights! Great location is less than a mile from University of Indianapolis. Was previously used as a rental of $700 monthly with a capitalization rate potential of 12.9%. This sale includes 2 parcels totaling 1.34 acres. The house provides 1 bed, 1 bath, and 1 bonus room with detached 2-car tandem garage. Both structures have good bones needing TLC. This property has amazing potential and plenty of room for expansion. Sold "As-Is". Don't miss out on this excellent deal!
  • Transaction Type: Sale
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Gas Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Attic Access
  • Living Area: 544
  • Other Equipment: Smoke Detector
  • Room Count: 4
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 544
  • Main Level Sq Ft: 544
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 544
  • Below Grade Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • List Price: 45000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Detached
  • Num Parking Spaces: 2

Utilities

  • Sewer: Private Sewer
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Well
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491031118004000501
  • Acres: 1-3 Acres
  • Lot Information: Tree Mature
  • Lot Number: 15-4-31
  • Lot Size: 58,165

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 814
  • Semi Annual Property Tax Amt: 407
  • Tax Exemption: None
  • Multiple Tax I D: 49-10-31-118-011.000-501

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2018
Closed on
Dec 17, 2018
Sold by
Lionheart In Llc
Bought by
Baker James N
Seller's Agent
Abigail Vivo
Berkshire Hathaway Home
Buyer's Agent
David Menzer
M.S.WOODS REAL ESTATE, LLC
List Price
$45,000
Sold Price
$39,000
Premium/Discount to List
-$6,000
-13.33%
Current Estimated Value
$126,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,493
Avg. Annual Appreciation
18.95%

Purchase Details

Closed on
Oct 15, 2014
Sold by
Bar Harbor Llc
Bought by
Lionheart In Llc

Purchase Details

Closed on
Jun 23, 2014
Sold by
Bongiorno Myra F
Bought by
Bar Harbor Llc

Purchase Details

Closed on
Jun 18, 2014
Sold by
Layton John R
Bought by
Bar Harbor Llc

Purchase Details

Closed on
Nov 8, 2010
Sold by
Cook Myra F
Bought by
Bongiorno Myra F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
4.92%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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
Baker James N $39,000 Fidelity National Title
Lionheart In Llc -- Mtc
Bar Harbor Llc $20,001 None Available
Bar Harbor Llc $20,001 --
Bongiorno Myra F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bongiorno Myra F $52,500
Previous Owner Cook Myra F Bongiorno $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2018 12/18/18 Sold $39,000 -13.3% $72 / Sq Ft
12/04/2018 12/04/18 Pending -- -- --
11/14/2018 11/14/18 For Sale $45,000 -- $83 / 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 $423 $59,500 $8,000 $51,500
2023 $423 $54,600 $8,000 $46,600
2022 $432 $51,600 $8,000 $43,600
2021 $390 $43,100 $8,000 $35,100
2020 $291 $38,900 $8,000 $30,900
2019 $302 $40,100 $7,700 $32,400
2018 $356 $37,700 $7,700 $30,000
2017 $875 $38,300 $7,700 $30,600
2016 $855 $37,600 $7,700 $29,900
2014 $268 $37,400 $7,700 $29,700
2013 $274 $38,000 $7,700 $30,300
Source: Public Records

Agents Affiliated with this Home

  • Abigail Vivo

    Seller's Agent in 2018

    Abigail Vivo

    Berkshire Hathaway Home

    (773) 749-9001

    56 Total Sales

    Abigail Vivo
    Section Image

  • D

    Buyer's Agent in 2018

    David Menzer

    M.S.WOODS REAL ESTATE, LLC

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21606838

MIBOR Broker Listing Cooperative®

APN: 49-10-31-118-004.000-501

Indiana Marion County Indianapolis 46227 University Heights

4380 Asbury St, Indianapolis, IN

This home is located at 4380 Asbury St, Indianapolis, IN 46227 since 14 November 2018 and is currently estimated at $126,493, approximately $232 per square foot. This property was built in 1946. 4380 Asbury St is a home located in Marion County with nearby schools including Eleanor Skillen School No. 34, George W. Julian School No. 57, and James A. Garfield School 31.

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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