NOT LISTED FOR SALE

486 S Somerset Ave Indianapolis, IN 46241

West Indianapolis Neighborhood

Estimated Value: $105,000 - $175,645

2 Beds
2 Baths
1,768 Sq Ft
$82/Sq Ft Est. Value

About This Home

This home is located at 486 S Somerset Ave, Indianapolis, IN 46241 and is currently estimated at $145,661, approximately $82 per square foot. 486 S Somerset Ave is a home located in Marion County with nearby schools including Stout Field Elementary School, Lynhurst 7th & 8th Grade Center, and Ben Davis University High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2009
Sold by
Arbogast G Thomas G and Arbogast Marilyn L
Bought by
Cornett Kevin
Current Estimated Value
$145,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,768
Outstanding Balance
$46,983
Interest Rate
4.92%
Mortgage Type
FHA
Estimated Equity
$98,678
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Cornett Kevin -- Chicago Title Avon
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornett Kevin $73,768
Source: Public Records

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 $1,423 $103,200 $6,200 $97,000
2023 $1,423 $103,200 $6,200 $97,000
2022 $1,746 $98,800 $6,200 $92,600
2021 $1,843 $82,300 $6,200 $76,100
2020 $833 $68,200 $6,200 $62,000
2019 $804 $63,400 $6,200 $57,200
2018 $837 $61,900 $6,200 $55,700
2017 $900 $66,800 $6,200 $60,600
2016 $908 $66,800 $6,200 $60,600
2014 $497 $64,700 $6,200 $58,500
2013 $499 $63,100 $6,200 $56,900
Source: Public Records

Map

Indiana Marion County Indianapolis 46241 West Indianapolis

486 S Somerset Ave, Indianapolis, IN

This home is located at 486 S Somerset Ave, Indianapolis, IN 46241 and is currently estimated at $145,661, approximately $82 per square foot. 486 S Somerset Ave is a home located in Marion County with nearby schools including Stout Field Elementary School, Lynhurst 7th & 8th Grade Center, and Ben Davis University High School.

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