NOT LISTED FOR SALE

4949 W Minnesota St Indianapolis, IN 46241

Stout Field Neighborhood

Estimated Value: $165,000 - $188,149

3 Beds
3 Baths
2,381 Sq Ft
$74/Sq Ft Est. Value

Last Sold August 16, 2019

Last sale price $82,000 $34 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,114/month

7 Days on Market

Highlights

  • Ranch Style House
  • Wood Frame Window
  • Storage
  • Ben Davis University High School Rated A
  • Woodwork
  • Forced Air Heating and Cooling System

About This Home

As of August 2019

Incredible value on this large 3-4 Bedroom Bungalow in Drexel Gardens. Check out the revitalization plans for this immediate area and capture the opportunity now. Located on a wooded, mature lot located in quiet neighborhood. Large 2-car detached garage plus carport. Check out the space on this home with plenty of areas & living spaces. Newer Kitchen, Bathrooms, exterior vinyl siding, HVAC, some flooring & some vinyl windows. What an amazing price to add value & equity. This is a must see!

Last Agent to Sell the Property

Chris Price

Keller Williams Indy Metro S License #RB14030267 Listed on: 06/10/2019

Keller Williams Indy Metro S

Last Buyer's Agent

Ken Nissley

Kenter Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,050

Year Built

  • Built in 1946

Lot Details

  • Partially Fenced Property

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Ranch Style House
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2,381 Sq Ft Home
  • Woodwork
  • Vinyl Clad Windows
  • Wood Frame Window
  • Combination Kitchen and Dining Room
  • Storage
  • Unfinished Basement
  • Basement Lookout
  • Attic Access Panel

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

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

Community Details

  • Drexel Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491118117098000900

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,050

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow/Shotgun, Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1946
  • Garage Y N: Yes
  • Subdivision Name: DREXEL GARDENS
  • Inspection Warranties: Not Applicable
  • Property Description: Incredible value on this large 3-4 Bedroom Bungalow in Drexel Gardens. Check out the revitalization plans for this immediate area and capture the opportunity now. Located on a wooded, mature lot located in quiet neighborhood. Large 2-car detached garage plus carport. Check out the space on this home with plenty of areas & living spaces. Newer Kitchen, Bathrooms, exterior vinyl siding, HVAC, some flooring & some vinyl windows. What an amazing price to add value & equity. This is a must see!
  • Transaction Type: Sale
  • Website: www.TheIndyPropertySource.com
  • Website: www.HUDHomeStore.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished, Daylight/Lookout Windows
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Supplemental Storage, Windows Vinyl, Windows Wood, Wood Work Painted
  • Living Area: 2381
  • Other Equipment: Not Applicable
  • Room Count: 7
  • Areas Interior: Laundry Room Main Level,Utility Room
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 3
  • Sq Ft Main Upper: 1565
  • Main Level Sq Ft: 1565
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2381
  • Kitchen Features: Kitchen Eat In,Kitchen Updated,Pantry
  • Below Grade Sq Ft: 816
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: HUD-Owned
  • Exterior Features: Driveway Asphalt, Fence Partial
  • Foundation Details: Block
  • List Price: 80000
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Carport,Detached
  • Garage Parking Other: Garage Door Opener,Service Door,Storage Area,Workshop

Utilities

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

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491118117098000900
  • Acres: <1/4 Acre
  • Lot Information: Tree Mature,Wooded
  • Lot Number: 40
  • Lot Size: 41'X127'

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2050
  • Semi Annual Property Tax Amt: 1025
  • Tax Exemption: None

MLS Schools

  • School District: Wayne Township
  • Schools: Ben Davis High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2019
Closed on
Aug 16, 2019
Sold by
Hud
Bought by
Wexler John P
Seller's Agent
Chris Price
Keller Williams Indy Metro S
Buyer's Agent
Ken Nissley
Kenter Real Estate, LLC
List Price
$80,000
Sold Price
$82,000
Premium/Discount to List
$2,000
2.5%
Current Estimated Value
$176,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,787
Avg. Annual Appreciation
11.45%
Original Mortgage
$83,333
Outstanding Balance
$73,910
Interest Rate
3.8%
Mortgage Type
FHA
Estimated Equity
$84,462

Purchase Details

Closed on
May 7, 2019
Sold by
Flagstar Bank Fsb
Bought by
Hud

Purchase Details

Closed on
May 28, 2013

Purchase Details

Closed on
Apr 3, 2013
Sold by
Flagstar Bank Fsb
Bought by
Housing And Urban Development

Purchase Details

Closed on
Dec 19, 2007
Sold by
Secretary Of Housing & Urban Development
Bought by
Glaze Leo L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2007
Sold by
Cripe Gary D and Cripe Krista M
Bought by
Secretary Of Hud
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
Wexler John P -- None Available
Hud -- None Available
-- -- --
Housing And Urban Development -- --
Glaze Leo L -- Village Title Inc
Secretary Of Hud $64,513 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wexler John P $83,333
Previous Owner Glaze Leo L $68,528
Previous Owner Glaze Leo L $40,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2019 08/16/19 Sold $82,000 +2.5% $34 / Sq Ft
06/18/2019 06/18/19 Pending -- -- --
06/10/2019 06/10/19 For Sale $80,000 -- $34 / 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 $1,899 $150,200 $14,200 $136,000
2023 $1,899 $153,400 $14,200 $139,200
2022 $1,758 $141,000 $14,200 $126,800
2021 $1,470 $107,200 $14,200 $93,000
2020 $1,195 $88,500 $14,200 $74,300
2019 $920 $77,600 $4,700 $72,900
2018 $2,175 $87,200 $4,700 $82,500
2017 $2,138 $85,800 $4,700 $81,100
2016 $3,098 $103,800 $4,700 $99,100
2014 $2,116 $105,800 $4,700 $101,100
2013 $2,116 $105,800 $4,700 $101,100
Source: Public Records

Agents Affiliated with this Home

  • Chris Price

    Seller's Agent in 2019

    Chris Price

    Keller Williams Indy Metro S

    (317) 886-8477

    2 in this area

    491 Total Sales

    Chris Price
    Section Image

  • K

    Buyer's Agent in 2019

    Ken Nissley

    Kenter Real Estate, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21645538

MIBOR Broker Listing Cooperative®

APN: 49-11-18-117-098.000-900

Indiana Marion County Indianapolis 46241 Stout Field

4949 W Minnesota St, Indianapolis, IN

This home is located at 4949 W Minnesota St, Indianapolis, IN 46241 since 10 June 2019 and is currently estimated at $176,787, approximately $74 per square foot. This property was built in 1946. 4949 W Minnesota St is a home located in Marion County with nearby schools including Maplewood Elementary School, Lynhurst 7th & 8th Grade Center, and Ben Davis University High School.

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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