NOT LISTED FOR SALE

4706 Vernon Ave Indianapolis, IN 46226

Estimated Value: $138,000 - $167,000

3 Beds
1 Bath
1,970 Sq Ft
$78/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $75,000 $38 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $893/month

31 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Covered Patio or Porch
  • 1-Story Property
  • Combination Dining and Living Room

About This Home

As of November 2019

Check out this great investment opportunity with a long-term tenant in place. Three bedroom home in the center of Lawrence on a quiet street! Large sized great room with vaulted ceilings which flows nicely into the kitchen. The kitchen has lots of cabinets and includes the dishwasher and refrigerator. There is a separate laundry room off the first bedroom. The full unfinished basement allows for the possibility of additional storage. The backyard is fenced in. Detached two car garage. Located in Lawrence Township Schools and close to Lawrence Park and Fort Harrison State Park! Please note that the exterior pictures are current and the interior pictures are from prior to the current tenant moving in.

Last Agent to Sell the Property

Dan Eddy

Eddy Properties, LLC License #RB14048785 Listed on: 08/23/2019

Last Buyer's Agent

R Scott Pallikan

Sunblest Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,604

Year Built

  • Built in 1931

Lot Details

  • 5,663

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,970 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Covered Patio or Porch
  • 5,663 Sq Ft Lot

Community Details

  • Wilmington Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490712118137000407

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,604

Year Built

Built in 1931

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1931
  • Garage Y N: Yes
  • Lot Size Acres: 0.13
  • Subdivision Name: WILMINGTON PARK
  • Inspection Warranties: Not Applicable
  • Property Description: Check out this great investment opportunity with a long-term tenant in place. Three bedroom home in the center of Lawrence on a quiet street! Large sized great room with vaulted ceilings which flows nicely into the kitchen. The kitchen has lots of cabinets and includes the dishwasher and refrigerator. There is a separate laundry room off the first bedroom. The full unfinished basement allows for the possibility of additional storage. The backyard is fenced in. Detached two car garage. Located in Lawrence Township Schools and close to Lawrence Park and Fort Harrison State Park! Please note that the exterior pictures are current and the interior pictures are from prior to the current tenant moving in.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Cellar,Unfinished
  • Appliances: Dishwasher,Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Screens Complete,Windows Vinyl
  • Living Area: 1970
  • Other Equipment: Network Ready,Sump Pump
  • Room Count: 7
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1106
  • Main Level Sq Ft: 1106
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in
  • Total Sq Ft: 1970
  • Below Grade Sq Ft: 864
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Fence Full Rear,Fence Privacy
  • Foundation Details: Block
  • List Price: 80000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490712118137000407
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Tree Mature
  • Lot Number: 103
  • Lot Size: 137X42

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1604
  • Semi Annual Property Tax Amt: 802
  • Tax Exemption: None

MLS Schools

  • School District: Lawrence Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2019
Closed on
Nov 22, 2019
Sold by
Stage Jeremiah
Bought by
Hampton Nicholas T
Seller's Agent
Dan Eddy
Eddy Properties, LLC
Buyer's Agent
R Scott Pallikan
Sunblest Realty
List Price
$80,000
Sold Price
$75,000
Premium/Discount to List
-$5,000
-6.25%
Current Estimated Value
$153,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,998
Avg. Annual Appreciation
12.57%
Original Mortgage
$56,250
Outstanding Balance
$49,947
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$99,463

Purchase Details

Closed on
Jan 31, 2006
Sold by
Mcdonald Andrew K
Bought by
Stage Jeremiah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,420
Interest Rate
9.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 19, 2005
Sold by
Bank One Na
Bought by
Mcdonald Andrew K
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
Hampton Nicholas T $75,000 Chicago Title
Stage Jeremiah -- None Available
Mcdonald Andrew K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hampton Nicholas T $56,250
Previous Owner Stage Jeremiah $95,207
Previous Owner Stage Jeremiah $84,420
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2019 11/22/19 Sold $75,000 -6.3% $38 / Sq Ft
09/23/2019 09/23/19 Pending -- -- --
08/22/2019 08/22/19 For Sale $80,000 -- $41 / 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 $859 $99,500 $12,000 $87,500
2023 $763 $94,800 $12,000 $82,800
2022 $666 $87,100 $12,000 $75,100
2021 $603 $80,800 $12,000 $68,800
2020 $524 $75,800 $7,000 $68,800
2019 $509 $77,900 $7,000 $70,900
2018 $1,605 $77,900 $7,000 $70,900
2017 $1,581 $76,800 $7,000 $69,800
2016 $1,545 $75,100 $7,000 $68,100
2014 $1,462 $73,100 $7,000 $66,100
2013 $517 $73,100 $7,000 $66,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21663809

MIBOR Broker Listing Cooperative®

APN: 49-07-12-118-137.000-407