4736 Madison Ave Indianapolis, IN 46227
Edgewood Neighborhood
2
Beds
1
Bath
938
Sq Ft
0.42
Acres
Highlights
- Updated Kitchen
- Mature Trees
- No HOA
- Perry Meridian Middle School Rated A-
- Wood Flooring
- Formal Dining Room
About This Home
As of June 2025This nice 2 Bedroom home is NOT located directly on Madison Ave but is accessible via a road that runs parallel to Madison for easy ingress/egress. This home is situated on almost 1/2 acres, has a 2 car garage and a 2 car carport. There is an enclosed porch which measure 24x8 and is a perfect place to relax after a long day. The basement appears to have had a perimeter drain installed but as this is an estate, it has not been verified. The dining room sf does not appear to be included in the assessor's records. There is a gas space heater in the living room which is believed to be functional. The owner was in the process of having a new gas furnace installed in the basement. The furnace itself is in place with some duct work completed. The materials needed to complete the installation appear to be in the basement and will be left with the home. Seller wants to sell as is.
Last Agent to Sell the Property
Indiana Real Estate Group, LLC Brokerage Email: philhawkinsoffice@gmail.com License #RB14037719 Listed on: 10/23/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,494
Year Built
- Built in 1918
Lot Details
- 0.42 Acre Lot
- Mature Trees
Parking
- 2 Car Detached Garage
Home Design
- Bungalow
- Block Foundation
Interior Spaces
- 938 Sq Ft Home
- 1-Story Property
- Paddle Fans
- Living Room with Fireplace
- Formal Dining Room
- Pull Down Stairs to Attic
Kitchen
- Updated Kitchen
- Gas Oven
Flooring
- Wood
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Unfinished Basement
- Sump Pump
- Laundry in Basement
Outdoor Features
- Shed
- Enclosed Glass Porch
Location
- Property is near a bus stop
Schools
- Abraham Lincoln Elementary School
- Perry Meridian Middle School
- Perry Meridian 6Th Grade Academy Middle School
- Perry Meridian High School
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Heating System Mounted To A Wall or Window
- Well
Community Details
- No Home Owners Association
- Edwin E Thompsons Subdivision
Listing and Financial Details
- Tax Lot 19
- Assessor Parcel Number 491031115011000500
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 26, 2025
Closed on
Jun 5, 2025
Sold by
Restored Homes Llc
Bought by
Springman Mark and Springman Tamela
Seller's Agent
Audrey Satterblom
A.S.A.P. Real Estate
Buyer's Agent
Tuesday Tharrett
Wilson Trust Realty LLC
List Price
$219,900
Sold Price
$219,000
Premium/Discount to List
-$900
-0.41%
Views
30
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-95.14%
Original Mortgage
$159,000
Outstanding Balance
$159,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
-$6,666
Purchase Details
Listed on
Oct 23, 2024
Closed on
Dec 31, 2024
Sold by
Boren Joseph W
Bought by
Restored Homes Llc
Seller's Agent
Phillip Hawkins
Indiana Real Estate Group, LLC
Buyer's Agent
Audrey Satterblom
A.S.A.P. Real Estate
List Price
$150,000
Sold Price
$125,000
Premium/Discount to List
-$25,000
-16.67%
Views
96
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
268.43%
Similar Homes in Indianapolis, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Quality Title | |
| Personal Reps Deed | -- | None Listed On Document | |
| Personal Reps Deed | $125,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $159,000 | New Conventional | |
| Previous Owner | $62,900 | New Conventional | |
| Previous Owner | $30,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2025 06/05/25 | Sold | $219,000 | -0.4% | $190 / Sq Ft |
| 05/03/2025 05/03/25 | Pending | -- | -- | -- |
| 04/26/2025 04/26/25 | For Sale | $219,900 | +75.9% | $191 / Sq Ft |
| 12/31/2024 12/31/24 | Sold | $125,000 | -10.7% | $133 / Sq Ft |
| 12/20/2024 12/20/24 | Pending | -- | -- | -- |
| 11/22/2024 11/22/24 | Price Changed | $140,000 | -6.7% | $149 / Sq Ft |
| 10/23/2024 10/23/24 | For Sale | $150,000 | -- | $160 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $1,600 | $144,800 | $19,300 | $125,500 |
| 2023 | $1,600 | $138,800 | $19,300 | $119,500 |
| 2022 | $1,522 | $128,700 | $19,300 | $109,400 |
| 2021 | $1,327 | $112,500 | $19,300 | $93,200 |
| 2020 | $1,148 | $103,200 | $19,300 | $83,900 |
| 2019 | $862 | $88,700 | $8,800 | $79,900 |
| 2018 | $747 | $82,600 | $8,800 | $73,800 |
| 2017 | $727 | $81,800 | $8,800 | $73,000 |
| 2016 | $696 | $79,900 | $8,800 | $71,100 |
| 2014 | $499 | $76,800 | $8,800 | $68,000 |
| 2013 | $508 | $76,800 | $8,800 | $68,000 |
Source: Public Records
Agents Affiliated with this Home
-
Audrey Satterblom
Seller's Agent in 2025
Audrey Satterblom
A.S.A.P. Real Estate
(317) 902-9477
3 in this area
54 Total Sales
-
Tuesday Tharrett
Buyer's Agent in 2025
Tuesday Tharrett
Wilson Trust Realty LLC
(317) 350-8749
1 in this area
20 Total Sales
-
Phillip Hawkins
Seller's Agent in 2024
Phillip Hawkins
Indiana Real Estate Group, LLC
(317) 946-5459
1 in this area
68 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22008661
APN: 49-10-31-115-011.000-500
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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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