NOT LISTED FOR SALE

Estimated Value: $271,553 - $542,000

5 Beds
3.5 Baths
2,484 Sq Ft
$164/Sq Ft Est. Value

Last Sold May 09, 2019

Last sale price $266,000 $107 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,615/month

6 Days on Market

Highlights

  • Ranch Style House
  • Screened Porch
  • Forced Air Heating and Cooling System
  • 1 Fireplace
  • 3 Car Attached Garage

About This Home

As of May 2019

HUGE CASH FLOW WITH THIS STUDENT RENTAL THAT IS BLOCKS TO CAMPUS AND 1 BLOCK TO HISTORIC HINKLE FILELDHOUSE! 5 BEDROOMS 3.5 BATHS! $2,350 IS THE CURRENT RENT BUT IT IS DUE TO BE RAISED AS IT IS BELOW MARKET RENT AND HASN'T BEEN RAISED IN 5 YEARS. THERE IS A SIGNED LEASE THROUGH THE 2019-2020 SCHOOL YEAR! NEW BAMBOO HARDWOODS ON MAIN FLOOR! BEDROOMS ON MAIN FLOOR W/ ORIGINAL HARDWOODS! NEW FURNACE AND AIR CONDITONER! 3 CAR GARAGE WITH LONG DRIVEWAY FOR ADDITIONAL PARKING! YOU WILL BE HARD PRESSED TO FIND THIS TYPE OF INCOME POTENTIAL/CASH FLOW WITH ANY OTHER RENTAL! BUTLER PARENTS PUT YOUR KID ANY HIS/HER FRIENDS IN THIS HOME! THIS IS A MUST SEE OPPORTUNITY! SHOW TODAY!

Last Agent to Sell the Property

Andy Deemer

F.C. Tucker Company License #RB14009015 Listed on: 01/30/2019

F.C. Tucker Company

Co-Listed By

Stephanie Deemer

F.C. Tucker Company License #RB16000582

Last Buyer's Agent

Sarah Black

F.C. Tucker Company License #RB14033698

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,696

Year Built

  • Built in 1948

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 2,484 Sq Ft Home
  • 1 Fireplace
  • Screened Porch
  • Fire and Smoke Detector
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

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

Community Details

  • Stemples Cream Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490611102007000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,696

Year Built

Built in 1948

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1948
  • Co List Office Phone: 317-259-6000
  • Garage Y N: Yes
  • Lot Size Acres: 0.17
  • Subdivision Name: STEMPLES CREAM RIDGE
  • Inspection Warranties: Not Applicable
  • Property Description: HUGE CASH FLOW WITH THIS STUDENT RENTAL THAT IS BLOCKS TO CAMPUS AND 1 BLOCK TO HISTORIC HINKLE FILELDHOUSE! 5 BEDROOMS 3.5 BATHS! $2,350 IS THE CURRENT RENT BUT IT IS DUE TO BE RAISED AS IT IS BELOW MARKET RENT AND HASN'T BEEN RAISED IN 5 YEARS. THERE IS A SIGNED LEASE THROUGH THE 2019-2020 SCHOOL YEAR! NEW BAMBOO HARDWOODS ON MAIN FLOOR! BEDROOMS ON MAIN FLOOR W/ ORIGINAL HARDWOODS! NEW FURNACE AND AIR CONDITONER! 3 CAR GARAGE WITH LONG DRIVEWAY FOR ADDITIONAL PARKING! YOU WILL BE HARD PRESSED TO FIND THIS TYPE OF INCOME POTENTIAL/CASH FLOW WITH ANY OTHER RENTAL! BUTLER PARENTS PUT YOUR KID ANY HIS/HER FRIENDS IN THIS HOME! THIS IS A MUST SEE OPPORTUNITY! SHOW TODAY!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished,Full
  • Appliances: Dryer,Disposal,Microwave,Electric Oven,Refrigerator,Washer
  • Levels: One
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access,Hardwood Floors,Windows Vinyl
  • Living Area: 2484
  • Other Equipment: Smoke Detector
  • Room Count: 8
  • Areas Interior: Bedroom Other on Main,Laundry in Basement
  • Eating Area: Formal Dining Room,Dining Combo/Living Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1242
  • Main Level Sq Ft: 1242
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Suite,TubFull with Shower
  • Total Sq Ft: 2484
  • Kitchen Features: Kitchen Some Updates,Pantry
  • Below Grade Sq Ft: 1242
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 50-75%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt
  • Foundation Details: Block
  • List Price: 264900
  • Association Maintained Building Exterior: 0
  • Porch: Screened in Porch

Garage/Parking

  • Garage Spaces: 3
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Storage Area

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490611102007000801
  • Acres: <1/4 Acre
  • Lot Information: Curbs,Storm Sewer,Street Lights,Tree Mature
  • Lot Number: 44
  • Lot Size: 55X141

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 3696
  • Semi Annual Property Tax Amt: 1848
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2019
Closed on
May 9, 2019
Sold by
Tennant Jace
Bought by
Wetzel Jonathan and Wetzel Chelsey
Seller's Agent
Andy Deemer
F.C. Tucker Company
Buyer's Agent
Sarah Black
F.C. Tucker Company
List Price
$264,900
Sold Price
$266,000
Premium/Discount to List
$1,100
0.42%
Current Estimated Value
$407,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,138
Avg. Annual Appreciation
6.83%

Purchase Details

Listed on
Oct 17, 2014
Closed on
Jan 17, 2015
Sold by
Wagner Charles G
Bought by
Tennant Jace
Seller's Agent
Andy Deemer
F.C. Tucker Company
Buyer's Agent
Kenwyn Kealing
F.C. Tucker Company
List Price
$169,900
Sold Price
$171,000
Premium/Discount to List
$1,100
0.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.80%
Original Mortgage
$153,900
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Wetzel Jonathan $266,000 Title Services, Llc
Tennant Jace -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wetzel Chelsey $200,250
Previous Owner Tennant Jace $153,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2019 05/09/19 Sold $266,000 +0.4% $107 / Sq Ft
02/06/2019 02/06/19 Pending -- -- --
01/30/2019 01/30/19 For Sale $264,900 +54.9% $107 / Sq Ft
01/17/2015 01/17/15 Sold $171,000 +0.6% $69 / Sq Ft
10/20/2014 10/20/14 Pending -- -- --
10/17/2014 10/17/14 For Sale $169,900 -- $68 / 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 $4,762 $195,500 $30,700 $164,800
2023 $4,762 $195,500 $30,700 $164,800
2022 $4,960 $195,500 $30,700 $164,800
2021 $4,514 $190,500 $40,100 $150,400
2020 $4,527 $190,500 $40,100 $150,400
2019 $4,218 $173,900 $40,100 $133,800
2018 $4,310 $176,300 $40,100 $136,200
2017 $3,803 $174,100 $40,100 $134,000
2016 $3,657 $171,000 $40,100 $130,900
2014 $4,456 $206,100 $40,100 $166,000
2013 $3,192 $197,900 $40,100 $157,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21616609

MIBOR Broker Listing Cooperative®

APN: 49-06-11-102-007.000-801