NOT LISTED FOR SALE

507 Armentrout Ln Indianapolis, IN 46241

Garden City Neighborhood

Estimated Value: $202,000 - $229,674

2 Beds
2 Baths
2,392 Sq Ft
$90/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $191,000 $80 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,351/month

3 Days on Market

Highlights

  • Above Ground Pool
  • Ranch Style House
  • Walk-In Closet
  • Ben Davis University High School Rated A
  • 2 Car Attached Garage
  • Home Theater Equipment

About This Home

As of April 2022

This home is built for entertaining! With an above ground heated pool connected to a deck area that is accessible to a full bath, master bedroom and kitchen - absolutely perfect space for outdoor entertaining! If it's indoor entertaining you want then the full bar/theater room is a perfect space for watching football or movies. This 2-bedroom 2 full bath home was originally a 3 bedroom and could easily be convert back. The large eat-in kitchen comes with appliances & bar stools. Convenient to Interstate - No HOA - Immediate Possession.

Last Agent to Sell the Property

John Williams

Instate Realty, LLC Listed on: 04/01/2022

Last Buyer's Agent

Angie Esser

Carpenter, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,152

Year Built

  • Built in 1965

Lot Details

  • 8,625 Sq Ft Lot
  • Property is Fully Fenced

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 2,392 Sq Ft Home
  • Home Theater Equipment
  • Combination Kitchen and Dining Room
  • Carpet
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Pool

  • Above Ground Pool

Utilities

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

Community Details

  • Cloverleaf Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491212106037000930

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,152

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1965
  • Building Area Total: 2392
  • Garage Y N: Yes
  • Lot Size Acres: 0.198
  • Subdivision Name: CLOVERLEAF FARMS
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Appliances: Dryer, Disposal, Gas Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Walk-in Closet(s)
  • Other Equipment: Smoke Detector, Sump Pump, Theater Equipment
  • Areas Interior: Living Room Formal,Laundry in Basement
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1202
  • Main Level Sq Ft: 1202
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Patio,Shower Stall Full
  • Kitchen Features: Breakfast Bar,Kitchen Eat In
  • Below Grade Sq Ft: 1190
  • Pct Optional Level Finished: 75+%

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fence Complete, Above Ground Pool
  • Foundation Details: Block, Full
  • List Price: 175000
  • Association Maintained Building Exterior: 0
  • Porch: Multiple Decks,Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener
  • Garage Sq Ft: 420

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491212106037000930
  • Acres: <1/4 Acre
  • Lot Information: Curbs,Sidewalks,Storm Sewer,Trees Small
  • Lot Number: 292
  • Lot Size: 8,625

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1152
  • Semi Annual Property Tax Amt: 576
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
May 23, 2022
Sold by
Brinson Robert M
Bought by
Hayne Bailey
Seller's Agent
John Williams
Instate Realty, LLC
Buyer's Agent
Angie Esser
Carpenter, REALTORS®
List Price
$175,000
Sold Price
$191,000
Premium/Discount to List
$16,000
9.14%
Current Estimated Value
$216,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,419
Avg. Annual Appreciation
2.97%
Original Mortgage
$181,355
Outstanding Balance
$173,747
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$36,713

Purchase Details

Listed on
Apr 1, 2022
Closed on
Apr 29, 2022
Sold by
Brinson Robert M
Bought by
Hayne Bailey
Seller's Agent
John Williams
Instate Realty, LLC
Buyer's Agent
Angie Esser
Carpenter, REALTORS®
List Price
$175,000
Sold Price
$191,000
Premium/Discount to List
$16,000
9.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,355
Outstanding Balance
$173,747
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$36,713
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
Hayne Bailey -- None Listed On Document
Hayne Bailey -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayne Bailey $181,355
Closed Hayne Bailey $181,355
Previous Owner Brinson Robert M $104,000
Previous Owner Brinson Robert M $93,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $191,000 +9.1% $80 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $175,000 -8.4% $73 / Sq Ft
03/27/2022 03/27/22 Off Market $191,000 -- --
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 $2,068 $154,700 $11,700 $143,000
2023 $2,068 $146,900 $11,700 $135,200
2022 $1,969 $136,300 $11,700 $124,600
2021 $1,667 $112,900 $11,700 $101,200
2020 $1,407 $94,700 $11,700 $83,000
2019 $1,347 $88,200 $11,700 $76,500
2018 $1,281 $83,100 $11,700 $71,400
2017 $1,097 $77,100 $11,700 $65,400
2016 $1,010 $72,600 $11,700 $60,900
2014 $564 $72,900 $11,700 $61,200
2013 $646 $70,900 $11,700 $59,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    John Williams

    Instate Realty, LLC

    Section Image

  • A

    Buyer's Agent in 2022

    Angie Esser

    Carpenter, REALTORS®

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21845413

MIBOR Broker Listing Cooperative®

APN: 49-12-12-106-037.000-930

Indiana Marion County Indianapolis 46241 Garden City

507 Armentrout Ln, Indianapolis, IN

This home is located at 507 Armentrout Ln, Indianapolis, IN 46241 since 01 April 2022 and is currently estimated at $216,419, approximately $90 per square foot. This property was built in 1965. 507 Armentrout Ln is a home located in Marion County with nearby schools including Rhoades 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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