NOT LISTED FOR SALE

4950 W 16th St Indianapolis, IN 46224

Estimated Value: $309,000 - $409,000

3 Beds
3 Baths
2,665 Sq Ft
$127/Sq Ft Est. Value

Last Sold June 23, 2017

Last sale price $140,000 $53 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,388/month

22 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Garage
  • Speedway Junior High School Rated A

About This Home

As of June 2017

Large home on a double lot, quick walk to Speedway Main Street and the Speedway! This house needs TLC, but with some polish, could easily be one of the best on 16th St. Large double lot is great for parking income. Super charming, Bring your imagination.

Last Agent to Sell the Property

Cindy Kanyuh

Listed on: 05/22/2017

Co-Listed By

Tim Kanyuh

Dropped Members License #RB14042655

Last Buyer's Agent

Cynthia Kanyuh

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,472

Year Built

  • Built in 1936

Lot Details

  • 0.25 Acre Lot

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Fire and Smoke Detector
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Community Details

  • Rosners Speedway Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490631104013000914

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,472

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Two Story
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1936
  • Co List Office Phone: 317-271-1700
  • Garage Y N: Yes
  • Lot Size Acres: 0.25
  • Subdivision Name: ROSNERS SPEEDWAY PLACE
  • Inspection Warranties: Not Applicable
  • Property Description: Large home on a double lot, quick walk to Speedway Main Street and the Speedway! This house needs TLC, but with some polish, could easily be one of the best on 16th St. Large double lot is great for parking income. Super charming, Bring your imagination.
  • Transaction Type: Sale
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Dishwasher,Disposal,Electric Oven,Refrigerator
  • Levels: Two
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log,Living Room
  • Fireplaces: 1
  • Interior Amenities: Screens Complete,Skylight(s),Wood Work Painted
  • Living Area: 2665
  • Other Equipment: Smoke Detector
  • Room Count: 9
  • Areas Interior: Bedroom Other on Main,Living Room Formal,Laundry in Basement
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1595
  • Main Level Sq Ft: 1070
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Shower Stall Full,Suite
  • Total Sq Ft: 2665
  • Below Grade Sq Ft: 1070
  • Upper Level Sq Ft: 525
  • Pct Optional Level Finished: 75+%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt,Fence Partial
  • Foundation Details: Concrete Perimeter
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Carport,2 Car Detached
  • Garage Parking Other: Workshop

Utilities

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

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490631104013000914
  • Acres: 1/4-1/2 Acre
  • Lot Information: Sidewalks,Street Lights,Tree Mature
  • Lot Number: 3
  • Lot Size: 43X140

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1472
  • Semi Annual Property Tax Amt: 736
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Speedway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2017
Closed on
Jun 19, 2017
Sold by
Mcdonald Erin
Bought by
Shawn Anderson Kris Holding Co Lp
Seller's Agent
Cindy Kanyuh
Buyer's Agent
Cindy Kanyuh
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%
Current Estimated Value
$339,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,687
Avg. Annual Appreciation
11.27%

Purchase Details

Listed on
May 22, 2017
Closed on
Jun 7, 2017
Sold by
Daniel B
Bought by
Mcdonald Erin
Seller's Agent
Cindy Kanyuh
Buyer's Agent
Cindy Kanyuh
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%

Purchase Details

Listed on
Aug 19, 2011
Closed on
Jan 6, 2012
Sold by
Mummert Katherine Downey
Bought by
Bullman Daniel B and Bullman Erin K
Seller's Agent
Jayne Gauci
@properties
Buyer's Agent
Steven Boylan
HomeFinder, Inc.
List Price
$131,000
Sold Price
$131,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.22%
Original Mortgage
$127,679
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 26, 2009
Sold by
Mummert Jonathan Robert
Bought by
Mummert William Henry and Mummert Katherine Downey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
5.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2005
Sold by
Wood Gerald D and Wood Jacqueline T
Bought by
Mummert William Henry and Mummert Katherine Downey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
5.64%
Mortgage Type
New Conventional
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
Shawn Anderson Kris Holding Co Lp -- --
Mcdonald Erin -- --
Mcdonald Erin -- --
Bullman Daniel B -- First American Title Ins Co
Mummert William Henry -- Title Express Inc
Mummert William Henry -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bullman Daniel B $127,679
Previous Owner Mummert William Henry $93,500
Previous Owner Mummert William Henry $111,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2017 06/23/17 Sold $140,000 0.0% $53 / Sq Ft
06/14/2017 06/14/17 Pending -- -- --
05/30/2017 05/30/17 Price Changed $140,000 -6.7% $53 / Sq Ft
05/22/2017 05/22/17 For Sale $150,000 +14.5% $56 / Sq Ft
01/06/2012 01/06/12 Sold $131,000 0.0% $82 / Sq Ft View Prior Sale
11/28/2011 11/28/11 Pending -- -- --
08/19/2011 08/19/11 For Sale $131,000 -- $82 / 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 $7,039 $280,300 $38,600 $241,700
2023 $7,039 $279,300 $38,600 $240,700
2022 $6,937 $274,300 $38,600 $235,700
2021 $5,286 $208,900 $38,600 $170,300
2020 $4,883 $195,100 $38,600 $156,500
2019 $4,726 $188,600 $38,600 $150,000
2018 $4,551 $180,400 $38,600 $141,800
2017 $1,639 $139,900 $19,300 $120,600
2016 $1,473 $129,100 $19,300 $109,800
2014 $1,402 $125,700 $19,300 $106,400
2013 $3,000 $120,300 $19,300 $101,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21487293

MIBOR Broker Listing Cooperative®

APN: 49-06-31-104-013.000-914