NOT LISTED FOR SALE

4943 Indianola Ave Indianapolis, IN 46205

Fairgrounds Neighborhood

Estimated Value: $255,000 - $292,746

2 Beds
4 Baths
648 Sq Ft
$430/Sq Ft Est. Value

Last Sold December 04, 2023

Last sale price $255,000 $394 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,881/month

27 Days on Market

About This Home

As of December 2023

Welcome to this charming property nestled in the vibrant Broad Ripple neighborhood. This home affords you the convenience of city living, with a quaint, community feel. The main house features 3 spacious bedrooms and full bath. New roof on main house for peace of mind! The property also comes with a unique feature - a separate studio CARRIAGE HOUSE with full bathroom, full kitchen, and separately metered for electric. This can serve as a guest house, art studio, home office or even use for rental income.

Last Agent to Sell the Property

Kenneth Hall

JUST LIV, LLC Brokerage Email: kenny@justlivindy.com License #RB21000369 Listed on: 09/25/2023

Co-Listed By

Morgan Thompson

Berkley & State, LLC Brokerage Email: kenny@justlivindy.com License #RB22000437

Last Buyer's Agent

Nancy Warfield

F.C. Tucker Company

F.C. Tucker Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,844

Year Built

  • Built in 1946

Lot Details

  • 6,969 Sq Ft Lot

Home Design

  • Duplex

Listing and Financial Details

  • Tax Lot 801
  • Assessor Parcel Number 490707146053000801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,844

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1946
  • Co List Office Phone: 317-548-2145
  • Lot Size Acres: 0.16
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: kenny@justlivindy.com
  • Attribution Contact: kenny@justlivindy.com
  • Special Features: None

Exterior Features

  • List Price: 265000
  • Road Access: See Remarks

Utilities

  • Solid Waste: No

Fee Information

  • Expenses: 235

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 6969
  • Parcel Number: 490707146053000801
  • Zoning: Residential
  • Acres: <1/4 Acre
  • Price Acre: 1593750

Green Features

  • Green Certification Y N: No

Multi Family

  • Gross Income: 2350
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4844
  • Tax Lot: 801
  • Semi Annual Property Tax Amt: 2422

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2023
Closed on
Dec 6, 2023
Sold by
Lee Caitlin Anne
Bought by
Geldbach John and Landesfeind Vanessa
Seller's Agent
Kenneth Hall
JUST LIV, LLC
Buyer's Agent
Nancy Warfield
F.C. Tucker Company
List Price
$270,000
Sold Price
$255,000
Premium/Discount to List
-$15,000
-5.56%
Views
915
Current Estimated Value
$278,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,437
Avg. Annual Appreciation
4.88%
Original Mortgage
$179,500
Outstanding Balance
$177,069
Interest Rate
8%
Mortgage Type
New Conventional
Estimated Equity
$99,715

Purchase Details

Listed on
Sep 1, 2020
Closed on
Oct 8, 2020
Sold by
Roane Kaye M
Bought by
Blanchard Caitlin Anne
Seller's Agent
Kristie Smith
Indy Homes
Buyer's Agent
Matthew Speer
JUST LIV, LLC
List Price
$174,900
Sold Price
$162,500
Premium/Discount to List
-$12,400
-7.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.43%
Original Mortgage
$130,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 10, 2016
Closed on
Oct 7, 2016
Sold by
Dunn Steven K and Dunn Megan N
Bought by
Roane Kaye M
Seller's Agent
Leyton Wellbaum
Highgarden Real Estate
Buyer's Agent
Kristie Smith
Indy Homes
List Price
$142,000
Sold Price
$123,000
Premium/Discount to List
-$19,000
-13.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%

Purchase Details

Listed on
Oct 9, 2013
Closed on
May 1, 2014
Sold by
Stimson Seth Cameron
Bought by
Dunn Steven K and Dunn Megan N
Seller's Agent
Frederick Catron
F.C. Tucker Company
Buyer's Agent
Leyton Wellbaum
Highgarden Real Estate
List Price
$84,900
Sold Price
$80,000
Premium/Discount to List
-$4,900
-5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.28%
Original Mortgage
$78,551
Interest Rate
4.41%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 5, 2008
Sold by
Short David
Bought by
Stimson Seth Cameron

Purchase Details

Closed on
Jul 24, 2008
Sold by
Indy Homes Llc
Bought by
Short Dave

Purchase Details

Closed on
Jul 22, 2008
Sold by
Hud
Bought by
Indy Homes Llc

Purchase Details

Closed on
Feb 15, 2008
Sold by
Wells Fargo Bank N A
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jan 31, 2008
Sold by
Gibbs Christopher A
Bought by
Wells Fargo Bank N A
Source: Public Records

Range of Values:

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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
Geldbach John $255,000 Chicago Title
Blanchard Caitlin Anne -- Liberty Title & Escrow
Roane Kaye M -- Title Links Llc
Dunn Steven K $80,000 Title Services Llc
Dunn Steven K -- None Available
Stimson Seth Cameron -- None Available
Short Dave -- None Available
Indy Homes Llc -- None Available
Secretary Of Housing & Urban Development -- None Available
Wells Fargo Bank N A $84,586 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geldbach John $179,500
Previous Owner Blanchard Caitlin Anne $130,000
Previous Owner Roane Kaye M $15,000
Previous Owner Dunn Steven K $78,551
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2023 12/04/23 Sold $255,000 -3.8% $394 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/09/2023 10/09/23 Price Changed $265,000 -1.9% $409 / Sq Ft
09/25/2023 09/25/23 For Sale $270,000 +66.2% $417 / Sq Ft
10/13/2020 10/13/20 Sold $162,500 -4.4% $83 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
09/08/2020 09/08/20 Price Changed $169,900 -2.9% $87 / Sq Ft
09/01/2020 09/01/20 For Sale $174,900 +42.2% $89 / Sq Ft
10/07/2016 10/07/16 Sold $123,000 0.0% $63 / Sq Ft
09/26/2016 09/26/16 Off Market $123,000 -- --
08/17/2016 08/17/16 Price Changed $129,999 -8.5% $66 / Sq Ft
07/10/2016 07/10/16 For Sale $142,000 +77.5% $73 / Sq Ft
05/01/2014 05/01/14 Sold $80,000 -5.8% $49 / Sq Ft
03/27/2014 03/27/14 Pending -- -- --
10/09/2013 10/09/13 For Sale $84,900 -- $52 / 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 $4,365 $237,900 $28,400 $209,500
2023 $4,365 $181,100 $28,400 $152,700
2022 $4,845 $181,100 $28,400 $152,700
2021 $4,504 $192,300 $13,300 $179,000
2020 $1,218 $107,100 $13,300 $93,800
2019 $1,089 $99,300 $13,300 $86,000
2018 $1,132 $100,100 $13,300 $86,800
2017 $764 $86,300 $13,300 $73,000
2016 $622 $80,000 $13,300 $66,700
2014 $691 $88,100 $13,300 $74,800
2013 $608 $83,300 $13,300 $70,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kenneth Hall

    JUST LIV, LLC

    (317) 617-7947

    7 in this area

    40 Total Sales

    Kenneth Hall
    Section Image
  • Morgan Thompson

    Seller Co-Listing Agent in 2023

    Morgan Thompson

    Berkley & State, LLC

    (317) 548-2145

    7 in this area

    63 Total Sales

    Morgan Thompson
    Section Image

  • N

    Buyer's Agent in 2023

    Nancy Warfield

    F.C. Tucker Company

    Section Image

  • C

    Buyer Co-Listing Agent in 2023

    Cynthia Fay

    F.C. Tucker Company

    Section Image
  • Kristie Smith

    Seller's Agent in 2020

    Kristie Smith

    Indy Homes

    (317) 313-3200

    3 in this area

    349 Total Sales

    Kristie Smith
    Section Image

  • T

    Seller Co-Listing Agent in 2020

    Tracey O'Brien

    Indy Homes

    (678) 777-0705

    1 in this area

    60 Total Sales

    Tracey O'Brien
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21945198

MIBOR Broker Listing Cooperative®

APN: 49-07-07-146-053.000-801

Indiana Marion County Indianapolis 46205 Fairgrounds

4943 Indianola Ave, Indianapolis, IN

This home is located at 4943 Indianola Ave, Indianapolis, IN 46205 since 25 September 2023 and is currently estimated at $278,437, approximately $429 per square foot. This property was built in 1946. 4943 Indianola Ave is a home located in Marion County with nearby schools including James Whitcomb Riley School 43, Arsenal Technical High School, and George Washington Community High School (9-12).

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® 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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