NOT LISTED FOR SALE

506 N Drexel Ave Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $146,000 - $195,000

3 Beds
1.5 Baths
2,284 Sq Ft
$74/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $99,000 $43 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,050/month

74 Days on Market

Highlights

  • Traditional Architecture
  • Walk-In Closet
  • Combination Dining and Living Room
  • Built-in Bookshelves
  • Forced Air Heating and Cooling System

About This Home

As of November 2018

EMERSON HEIGHTS HAS SO MUCH TO OFFER!!! GREAT LOCATION..... NESTLED BETWEEN DOWNTOWN ( 3.2 MILES) AND IRVINGTON ( 7 BLOCKS) .... QUALITY ARTS AND CRAFTS EXTERIOR FRESHLY PAINTED IN RICH HERITAGE COLORS... SUPER SPACIOUS ROOMS.... MODERN UPDATED KITCHEN FEATURES ADJOINING WASHER AND DRYER MAIN LEVEL LAUNDRY AREA.... RARE OVERABUNDANCE OF CLOSET SPACE... GORGEOUS DINING AREA IS PERFECT FOR LARGE GATHERINGS... NEW CONCRETE WALKWAY (JUST POURED ) LEADING TO COVERED FRONT PORCH...... THIS IS THE MOVE IN READY HOME YOU HAVE BEEN WAITING FOR !!! GREAT NEW PRICE !!
(FIREPLACE IS DECORATIVE. )
ENJOY THE TOUR.

Last Agent to Sell the Property

Tony Papalia

New Quantum Realty Group License #RB14045701 Listed on: 08/16/2018

Last Buyer's Agent

Tony Papalia

New Quantum Realty Group License #RB14045701 Listed on: 08/16/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,458

Year Built

  • Built in 1935

Lot Details

  • 5,009 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Block Foundation

Interior Spaces

  • Built-in Bookshelves
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Laundry on main level
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Utilities

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

Community Details

  • Emerson Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491004140003000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,458

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts&Crafts/Craftsman, TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1935
  • Garage Y N: No
  • Lot Size Acres: 0.115
  • Subdivision Name: EMERSON HEIGHTS
  • Inspection Warranties: Not Applicable
  • Property Description: EMERSON HEIGHTS HAS SO MUCH TO OFFER!!! GREAT LOCATION..... NESTLED BETWEEN DOWNTOWN ( 3.2 MILES) AND IRVINGTON ( 7 BLOCKS) .... QUALITY ARTS AND CRAFTS EXTERIOR FRESHLY PAINTED IN RICH HERITAGE COLORS... SUPER SPACIOUS ROOMS.... MODERN UPDATED KITCHEN FEATURES ADJOINING WASHER AND DRYER MAIN LEVEL LAUNDRY AREA.... RARE OVERABUNDANCE OF CLOSET SPACE... GORGEOUS DINING AREA IS PERFECT FOR LARGE GATHERINGS... NEW CONCRETE WALKWAY (JUST POURED ) LEADING TO COVERED FRONT PORCH...... THIS IS THE MOVE IN READY HOME YOU HAVE BEEN WAITING FOR !!! GREAT NEW PRICE !! (FIREPLACE IS DECORATIVE. ) ENJOY THE TOUR.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Dishwasher, Microwave
  • Levels: 2 1/2 Levels
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Walk-in Closet(s)
  • Living Area: 2284
  • Other Equipment: Not Applicable
  • Room Count: 8
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1564
  • Main Level Sq Ft: 782
  • Basement Half Bathrooms: 1
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2284
  • Below Grade Sq Ft: 720
  • Upper Level Sq Ft: 782
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Foundation Details: Block, Full
  • List Price: 99000
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491004140003000101
  • Acres: <1/4 Acre
  • Lot Number: 25
  • Lot Size: 5,009

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1458
  • Semi Annual Property Tax Amt: 729
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Papalia Dominic
Total Days on Market
74
Current Estimated Value
$170,045

Purchase Details

Closed on
Aug 10, 2009
Sold by
Countrywide Home Loans Servicing Lp
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
May 27, 2009
Sold by
Tobey Brooke N and Tobey Joshua B
Bought by
Countrywide Home Loans Servicing Lp
Source: Public Records

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Range of Values:

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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
Papalia Dominic -- None Available
Secretary Of Housing & Urban Development -- None Available
Countrywide Home Loans Servicing Lp $118,445 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tobey Joshua B $7,400
Previous Owner Tobey Joshua B $107,590
Previous Owner Tobey Joshua B $94,500
Previous Owner Tobey Joshua B $89,700
Previous Owner Tobey Joshua B $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2018 11/30/18 Sold $99,000 0.0% $43 / Sq Ft
10/30/2018 10/30/18 Pending -- -- --
10/22/2018 10/22/18 Price Changed $99,000 -13.2% $43 / Sq Ft
10/04/2018 10/04/18 Price Changed $114,000 -8.3% $50 / Sq Ft
08/16/2018 08/16/18 For Sale $124,300 -- $54 / 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 $1,765 $72,300 $13,700 $58,600
2023 $1,765 $71,500 $13,700 $57,800
2022 $1,775 $72,300 $13,700 $58,600
2021 $1,460 $60,400 $13,700 $46,700
2020 $1,203 $49,100 $2,800 $46,300
2019 $1,113 $44,400 $2,800 $41,600
2018 $1,064 $75,200 $2,800 $72,400
2017 $1,521 $68,700 $2,800 $65,900
2016 $798 $35,500 $2,800 $32,700
2014 $696 $32,200 $2,800 $29,400
2013 $830 $33,700 $2,800 $30,900
Source: Public Records

Agents Affiliated with this Home

  • Tony Papalia

    Seller's Agent in 2018

    Tony Papalia

    New Quantum Realty Group

    (317) 509-0877

    14 in this area

    98 Total Sales

    Tony Papalia
    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21589823

MIBOR Broker Listing Cooperative®

APN: 49-10-04-140-003.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

506 N Drexel Ave, Indianapolis, IN

This home is located at 506 N Drexel Ave, Indianapolis, IN 46201 since 16 August 2018 and is currently estimated at $170,045, approximately $74 per square foot. This property was built in 1935. 506 N Drexel Ave is a home located in Marion County with nearby schools including Ralph Waldo Emerson School 58, Arlington Community Middle School, and Arsenal Technical 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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