$120,000
SOLD MAY 2, 2025
2 Beds
1 Bath
891 Sq Ft
5,184 Sq Ft Lot

Recently Sold

$135 Per Sq Ft

20% Below List Price

123 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Bungalow
  • Wood Frame Window
  • Woodwork
  • 1-Story Property

About This Home

As of May 2025

Investor Special in South Broad Ripple! This charming 2-bedroom, 1-bathroom home is the perfect opportunity for a rental property or first-time homebuyer. Featuring newly updated laminate flooring throughout, this home is move-in ready with potential to add your personal touch. Located in the highly desirable South Broad Ripple area, you're just minutes from the Monon Trail, the vibrant Broad Ripple Village, and the growing local food and brewery scene. Explore popular spots like Half Liter BBQ, Tarkington Park, and Gallery Pastry Shop, or enjoy quick access to downtown Indy for dining, nightlife, and entertainment. Whether you're looking to expand your investment portfolio or settle into a lively community, this home has plenty of possibilities. Don't miss out on this great opportunity! Property is Sold AS-IS. 24 hour notice prior to showings. The Contractors are finishing updates in the home daily. The seller is elderly so we will have everything cleared out by the closing date.

Last Agent to Sell the Property

Amber Barry

Royal Realty Group LLC Brokerage Email: ammbeeerr@gmail.com License #RB23001052 Listed on: 12/20/2024

Last Buyer's Agent

Daniel Kolic

Highgarden Real Estate License #RB14044421

Highgarden Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $580

Year Built

  • Built in 1947

Lot Details

  • 5,184 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation

Interior Spaces

  • 891 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Wood Frame Window
  • Combination Kitchen and Dining Room
  • Laminate Flooring
  • Electric Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association
  • Montrose Subdivision

Listing and Financial Details

  • Tax Lot 49-07-18-103-271.000-801
  • Assessor Parcel Number 490718103271000801
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$580

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1947
  • Building Area Total: 891
  • Garage Y N: Yes
  • Lot Size Acres: 0.12
  • Subdivision Name: Montrose
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: ammbeeerr@gmail.com
  • Attribution Contact: ammbeeerr@gmail.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Windows Wood, Wood Work Stained
  • Living Area: 891
  • Main Level Bedrooms: 2
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 891
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Builder
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Slab, Block
  • List Price: 150000

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Garage Sq Ft: 441

Utilities

  • Heating: Electric
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 5184
  • Parcel Number: 490718103271000801
  • Acres: <1/4 Acre
  • Price Acre: 1000000

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 580
  • Tax Lot: 49-07-18-103-271.000-801
  • Semi Annual Property Tax Amt: 290

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2024
Closed on
Apr 18, 2025
Sold by
Aurum 2 Llc
Bought by
4502 Evanston Llp
Seller's Agent
Amber Barry
Royal Realty Group LLC
Buyer's Agent
Daniel Kolic
Highgarden Real Estate
List Price
$150,000
Sold Price
$120,000
Premium/Discount to List
-$30,000
-20%
Views
76

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
870.09%
Original Mortgage
$152,345
Outstanding Balance
$76,593
Interest Rate
6.65%
Mortgage Type
Construction
Estimated Equity
$125,778
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Fidelity National Title Compan
Warranty Deed $132,000 Fidelity National Title Compan
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $152,345 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Price Changed $209,900 -2.3% $215 / Sq Ft
07/07/2025 07/07/25 Price Changed $214,900 -2.3% $220 / Sq Ft
06/20/2025 06/20/25 Price Changed $219,900 -2.2% $225 / Sq Ft
06/12/2025 06/12/25 For Sale $224,900 +87.4% $230 / Sq Ft
05/02/2025 05/02/25 Sold $120,000 -20.0% $135 / Sq Ft
04/22/2025 04/22/25 Pending -- -- --
04/15/2025 04/15/25 Price Changed $150,000 0.0% $168 / Sq Ft
04/15/2025 04/15/25 For Sale $150,000 -23.1% $168 / Sq Ft
03/14/2025 03/14/25 Pending -- -- --
01/28/2025 01/28/25 Price Changed $195,000 -7.1% $219 / Sq Ft
01/23/2025 01/23/25 Price Changed $210,000 -9.5% $236 / Sq Ft
12/20/2024 12/20/24 For Sale $232,000 -- $260 / 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 $669 $104,900 $13,500 $91,400
2023 $669 $104,900 $13,500 $91,400
2022 $638 $97,900 $13,500 $84,400
2021 $281 $74,400 $3,200 $71,200
2020 $206 $64,600 $3,200 $61,400
2019 $171 $60,000 $3,200 $56,800
2018 $138 $55,600 $3,200 $52,400
2017 $106 $52,300 $3,200 $49,100
2016 $84 $49,400 $3,200 $46,200
2014 $1,039 $49,000 $3,200 $45,800
2013 $44 $47,100 $3,200 $43,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22014029

MIBOR Broker Listing Cooperative®

APN: 49-07-18-103-271.000-801