NOT LISTED FOR SALE

506 N Indiana Ave Atlantic City, NJ 08401

Monroe Park Neighborhood

Estimated Value: $192,143 - $268,000

4 Beds
2 Baths
1,600 Sq Ft
$137/Sq Ft Est. Value

Last Sold May 24, 2016

Last sale price $16,000 $10 Per Sq Ft

Est. 1,274% increase in value since last sale

Current estimated payment $1,424/month

64 Days on Market

Highlights

  • Laundry Room
  • Dining Area
  • Fenced
  • Tile Flooring

About This Home

As of May 2016

This is a Fannie Mae property, two story home with 4BR 2BA. A Handyman special! Needs a total Rehab and is being sold "As is". Bring all offers!

Last Agent to Sell the Property

Federico Maldonado

GRACE PROPERTIES License #0682994 Listed on: 02/23/2016

Last Buyer's Agent

Federico Maldonado

GRACE PROPERTIES License #0682994 Listed on: 02/23/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,710

Year Built

  • Built in 1880

Lot Details

  • Lot Dimensions are 28 x 125
  • Fenced

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Dining Area
  • Unfinished Basement
  • Interior Basement Entry
  • Laundry Room

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,710

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Lvt Date: 02/25/2016
  • Year Built: 1880
  • Special Features: 1028
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Tile, Vinyl
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Basement: 6 Ft. Or More Head Room, Inside Entrance, Unfinished
  • Other Rooms: Dining Area, Laundry/Utility Room

Exterior Features

  • Outside Features: Fenced Yard, Paved Road, Sidewalks
  • Siding Exterior: Vinyl

Utilities

  • Heating: Gas-Natural, No Heating
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 28 x 125
  • Lot Size: 1 To 5 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2018
Sold by
Prieto Fernando Perez
Bought by
In 506 Llc
Current Estimated Value
$219,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 23, 2016
Closed on
May 9, 2016
Sold by
Wilmington Trust
Bought by
Prieto Fernando Perez
Seller's Agent
Federico Maldonado
GRACE PROPERTIES
Buyer's Agent
Federico Maldonado
GRACE PROPERTIES
List Price
$16,000
Sold Price
$16,000

Purchase Details

Closed on
Jul 25, 2002
Sold by
Associates Financial Services Corp
Bought by
Ngo Doung

Purchase Details

Closed on
Nov 7, 2001
Sold by
Jenkins Verdain and State Of New Jersey
Bought by
Associates Financial Services Corp and Citifinancial Mtg Company Inc

Purchase Details

Closed on
Nov 16, 1995
Sold by
Land John W
Bought by
Jenkins Verdain and Jenkins Paula Ortiz

Purchase Details

Closed on
Nov 1, 1994
Sold by
Land John W and Land John W
Bought by
Land John W
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
In 506 Llc $15,000 Infinity Title Agency
Prieto Fernando Perez $16,000 None Available
Ngo Doung $40,000 The Title Company Of Jersey
Associates Financial Services Corp -- --
Jenkins Verdain $55,000 The Title Company
Land John W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed In 506 Llc $49,000
Previous Owner Ngo Doung $120,000
Previous Owner Ngo Doung $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2016 05/24/16 Sold $16,000 0.0% $10 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
02/23/2016 02/23/16 For Sale $16,000 -- $10 / Sq Ft
Source: South Jersey Shore Regional MLS

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 $2,710 $78,500 $29,000 $49,500
2023 $2,965 $78,500 $29,000 $49,500
2022 $2,965 $78,500 $29,000 $49,500
2021 $3,062 $78,500 $29,000 $49,500
2020 $3,088 $78,500 $29,000 $49,500
2019 $2,590 $65,000 $12,000 $53,000
2018 $4,031 $114,100 $61,100 $53,000
2017 $5,645 $165,000 $112,000 $53,000
2016 $6,369 $165,000 $112,000 $53,000
2015 $5,646 $165,000 $112,000 $53,000
2014 $5,524 $165,000 $112,000 $53,000
Source: Public Records

Agents Affiliated with this Home

  • Federico Maldonado

    Seller's Agent in 2016

    Federico Maldonado

    GRACE PROPERTIES

    (609) 369-3027

    3 in this area

    184 Total Sales

    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 463423

South Jersey Shore Regional MLS

APN: 02-00508-0000-00009

New Jersey Atlantic County Atlantic City 08401 Monroe Park

506 N Indiana Ave, Atlantic City, NJ

This home is located at 506 N Indiana Ave, Atlantic City, NJ 08401 since 23 February 2016 and is currently estimated at $219,786, approximately $137 per square foot. This property was built in 1880. 506 N Indiana Ave is a home located in Atlantic County with nearby schools including New York Avenue School, Atlantic City High School, and New Hope Christian Academy/Robinson Small Learning Center.

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.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.

Nearby Homes