NOT LISTED FOR SALE

Estimated Value: $215,000 - $257,435

2 Beds
1 Bath
1,591 Sq Ft
$145/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $197,500 $124 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,370/month

39 Days on Market

Highlights

  • Mature Trees
  • Traditional Architecture
  • Separate Formal Living Room
  • Fireplace in Hearth Room
  • Wood Flooring
  • No HOA

About This Home

As of February 2023

Opportunity! What a great home in a great neighborhood! This checks an awful lot of boxes and has everything you want in a Broad Ripple Bungalow. 2 bedrooms, 1 bath, hardwood floors, updated kitchen, updated windows, opened up floorplan, semi finished basement with tall ceilings and so much more. This cute home also includes a conditioned addition with a cozy wood burning fireplace. The area between 49th and 52nd Street continues to improve making it a great place to live and invest - just check out recently sold homes and you will see the financial upside to this home. (Detached garage is being sold in 'as is' condition) (The home's sewer has recently been relined and includes a lifetime warranty)

Last Agent to Sell the Property

Paul Scherrer

United Real Estate Indpls License #RB14029212 Listed on: 12/16/2022

United Real Estate Indpls

Last Buyer's Agent

Linda McClure

Compass Indiana, LLC License #RB14038683

Compass Indiana, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $896

Year Built

  • Built in 1941

Lot Details

  • 7,240 Sq Ft Lot
  • Mature Trees

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Bungalow
  • Block Foundation
  • Cement Siding

Interior Spaces

  • 1-Story Property
  • Built-in Bookshelves
  • Woodwork
  • Fireplace in Hearth Room
  • Fireplace Features Masonry
  • Vinyl Clad Windows
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Finished Basement
  • Laundry in Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Mayfair Subdivision

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 490707146038000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$896

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow, TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1941
  • Building Area Total: 1665
  • Garage Y N: Yes
  • Lot Size Acres: 0.1662
  • Subdivision Name: Mayfair
  • Inspection Warranties: General,Not Applicable
  • Transaction Type: Sale
  • Website: 5118rosslyn.info
  • Accessibility Features YN: No
  • MBR_AttributionContact: paul@unitedindy.net
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Finished Ceiling, Finished Walls
  • Appliances: Dishwasher, Microwave, Electric Oven, Refrigerator, Electric Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 662
  • Fireplace Features: Hearth Room, Masonry, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Hardwood Floors, Windows Vinyl, Wood Work Painted, Eat-in Kitchen
  • Living Area: 1591
  • Main Level Bedrooms: 2
  • Other Equipment: Not Applicable
  • Areas Interior: Living Room Formal
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 929
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Rooms Basement: 2

Exterior Features

  • Construction Materials: Cement Siding
  • Fencing: Fence Full Rear
  • Foundation Details: Block
  • List Price: 200000
  • Patio And Porch Features: Open Patio

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached
  • Garage Sq Ft: 240

Utilities

  • Utilities: Gas
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: In Basement
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Sidewalks, Street Lights, Mature Trees, Trees-Small (Under 20 Ft)
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 7240
  • Parcel Number: 490707146038000801
  • Acres: <1/4 Acre
  • Price Acre: 1203369.43441637

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 896
  • Tax Lot: 30
  • Semi Annual Property Tax Amt: 448
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2022
Closed on
Feb 24, 2023
Sold by
Mandich Mary Katherine and Mandich Alec Michael
Bought by
Johnson Abigail Layne
Seller's Agent
Paul Scherrer
United Real Estate Indpls
Buyer's Agent
Linda McClure
Compass Indiana, LLC
List Price
$200,000
Sold Price
$197,500
Premium/Discount to List
-$2,500
-1.25%
Views
42
Current Estimated Value
$231,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,609
Avg. Annual Appreciation
6.33%
Original Mortgage
$191,500
Outstanding Balance
$185,510
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$45,599

Purchase Details

Listed on
Dec 16, 2022
Closed on
Feb 23, 2023
Sold by
Mandich Mary Katherine and Mandich Alec Michael
Bought by
Johnson Abigail Layne
Seller's Agent
Paul Scherrer
United Real Estate Indpls
Buyer's Agent
Linda McClure
Compass Indiana, LLC
List Price
$200,000
Sold Price
$197,500
Premium/Discount to List
-$2,500
-1.25%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,500
Outstanding Balance
$185,510
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$45,599

Purchase Details

Closed on
Sep 16, 2021
Sold by
Lipscomb Mary Katherine
Bought by
Lipscomb Mary Katherine and Mandich Alec Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2016
Closed on
Jun 17, 2016
Sold by
Brady Sarah and Brady Benjamin
Bought by
Lipscomb Mary Katherine
Seller's Agent
Scott Lacy
Asset One Real Estate Company
Buyer's Agent
Nino Berticelli
eXp Realty, LLC
List Price
$123,500
Sold Price
$120,600
Premium/Discount to List
-$2,900
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$118,415
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 23, 2009
Sold by
White Sarah D
Bought by
White Sarah D and Brady Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,689
Interest Rate
5.1%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 26, 2006
Sold by
Sunset Properties Llc
Bought by
White Sarah D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2005
Sold by
Hueni Rob C
Bought by
Sunset Properties Llc

Purchase Details

Closed on
Sep 29, 2005
Sold by
Grp Ag Reo 2005 1 Llc
Bought by
Indy Homes Llc

Purchase Details

Closed on
Jun 22, 2005
Sold by
Harvey Ronald
Bought by
Grp Loan Llc
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
Johnson Abigail Layne $197,500 --
Johnson Abigail Layne -- None Listed On Document
Lipscomb Mary Katherine -- Chicago Title
Lipscomb Mary Katherine -- None Available
White Sarah D -- Chicago Title Insurance Co
White Sarah D -- None Available
Sunset Properties Llc -- None Available
Hueni Rob C -- None Available
Indy Homes Llc -- None Available
Grp Ag Reo 2005 1 Llc -- None Available
Grp Loan Llc $50,430 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Abigail Layne $191,500
Closed Johnson Abigail Layne $191,500
Previous Owner Lipscomb Mary Katherine $172,000
Previous Owner Lipscomb Mary Katherine $118,415
Previous Owner White Sarah D $83,689
Previous Owner White Sarah D $66,000
Previous Owner White Sarah D $13,525
Previous Owner White Sarah D $2,475
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $197,500 -1.3% $124 / Sq Ft
01/25/2023 01/25/23 Pending -- -- --
01/19/2023 01/19/23 Price Changed $200,000 0.0% $126 / Sq Ft
01/19/2023 01/19/23 For Sale $200,000 -7.0% $126 / Sq Ft
12/24/2022 12/24/22 Pending -- -- --
12/16/2022 12/16/22 For Sale $215,000 +78.3% $135 / Sq Ft
06/17/2016 06/17/16 Sold $120,600 -2.4% $72 / Sq Ft
04/23/2016 04/23/16 Price Changed $123,600 +0.1% $74 / Sq Ft
04/22/2016 04/22/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $123,500 -- $74 / 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 $1,673 $216,100 $28,700 $187,400
2023 $1,673 $144,600 $28,700 $115,900
2022 $3,711 $144,600 $28,700 $115,900
2021 $1,780 $145,000 $13,400 $131,600
2020 $1,683 $136,400 $13,400 $123,000
2019 $1,550 $125,900 $13,400 $112,500
2018 $1,600 $127,200 $13,400 $113,800
2017 $1,109 $108,900 $13,400 $95,500
2016 $908 $100,100 $13,400 $86,700
2014 $895 $97,900 $13,400 $84,500
2013 $805 $92,600 $13,400 $79,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21897008

MIBOR Broker Listing Cooperative®

APN: 49-07-07-146-038.000-801