NOT LISTED FOR SALE

512 W 40th St Indianapolis, IN 46208

Butler-Tarkington/Rocky Ripple Neighborhood

Estimated Value: $119,000 - $242,000

3 Beds
1 Bath
1,887 Sq Ft
$97/Sq Ft Est. Value

Last Sold May 02, 2016

Last sale price $60,000 $32 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $1,095/month

171 Days on Market

Highlights

  • Craftsman Architecture
  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Mature Trees
  • Wood Flooring
  • Corner Lot

About This Home

As of May 2016

Butler Tarkington beauty with potential for 3-4 bedrooms. Located on large double lot. Newly landscaped w/covered front porch. This special Craftsman boasts loads of historic appeal & character such as hardwoods, built-in window seat, wood pillars, raised ceilings, leaded glass door, laundry chute, checkered tile bath floor, claw foot tub. New updates: high efficiency HVAC system, plumbing/wtr htr, wiring, vinyl windows, interior paint, kitchen & more. Many options for full 2nd level. Must see!

Last Agent to Sell the Property

Chris Price

Keller Williams Indy Metro W Listed on: 10/25/2015

Keller Williams Indy Metro W

Last Buyer's Agent

Chris Price

Keller Williams Indy Metro W Listed on: 10/25/2015

Keller Williams Indy Metro W

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,398

Year Built

  • Built in 1920

Lot Details

  • 7,841 Sq Ft Lot
  • Corner Lot
  • Mature Trees
  • Wooded Lot

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Vaulted Ceiling
  • Thermal Windows
  • Vinyl Clad Windows
  • Window Screens
  • Entrance Foyer
  • Family or Dining Combination
  • Attic Access Panel
  • Security System Owned
  • Unfinished Basement

Kitchen

  • Electric Oven
  • Range Hood
  • Microwave

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • SEER Rated 16+ Air Conditioning Units
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Multiple Phone Lines

Additional Features

  • Energy-Efficient HVAC
  • Covered Patio or Porch

Community Details

  • No Home Owners Association
  • Culver Riggs & Lynns Subdivision

Listing and Financial Details

  • Tax Lot 217
  • Assessor Parcel Number 490614125174000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,398

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1920
  • Building Area Total: 2355
  • Garage Y N: No
  • Green Energy Efficient: HVAC
  • Lot Size Acres: 0.18
  • Subdivision Name: Culver Riggs & Lynns
  • Inspection Warranties: General,See Remarks
  • Transaction Type: Sale
  • Website: www.IndyPropertySource.com
  • Website: www.TheIndyPropertySource.com
  • MBR_AttributionContact: chrisprice@indypropertysource.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Dryer, Microwave, Electric Oven, Range Hood, Refrigerator, Washer, Gas Water Heater
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Raised Ceiling(s), Hardwood Floors, Screens Complete, Windows Thermal, Windows Vinyl, Entrance Foyer, Hi-Speed Internet Availbl, Primary Bedroom on Main, Pantry
  • Living Area: 1887
  • Main Level Bedrooms: 2
  • Other Equipment: Multiple Phone Lines, Security Alarm Paid
  • Areas Interior: Laundry in Unit,Utility Room
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 951
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 936
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 2355

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 59900
  • Patio And Porch Features: Covered Porch

Garage/Parking

  • Parking Features: None
  • Garage Parking Other: Guest Street Parking,Other

Utilities

  • Utilities: Gas
  • Cooling: Central Electric, High Efficiency (SEER 16 +)
  • Heating: Forced Air, High Efficiency (90%+ AFUE ), Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association YN: No

Fee Information

  • Association Fee Includes: Not Applicable

Lot Info

  • Lot Features: Corner Lot, Sidewalks, Mature Trees, Wooded
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 0.18
  • Parcel Number: 490614125174000801
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1398
  • Tax Lot: 217
  • Semi Annual Property Tax Amt: 699
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2015
Closed on
May 20, 2016
Sold by
Nl Properties Llc
Bought by
Straub Jammy
Seller's Agent
Chris Price
Keller Williams Indy Metro W
Buyer's Agent
Chris Price
Keller Williams Indy Metro W
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%
Current Estimated Value
$182,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,863
Avg. Annual Appreciation
13.06%
Original Mortgage
$58,913
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 7, 2010
Sold by
Fannie Mae
Bought by
Nl Properties Llc

Purchase Details

Closed on
Sep 22, 2009
Sold by
Fignar Jeffrey B
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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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
Straub Jammy -- Security Title Services
Nl Properties Llc $9,500 None Available
Federal National Mortgage Association $20,250 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Straub Jammy $57,954
Closed Straub Jammy $58,913
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2016 05/02/16 Sold $60,000 0.0% $32 / Sq Ft
04/14/2016 04/14/16 Pending -- -- --
04/06/2016 04/06/16 Off Market $60,000 -- --
12/04/2015 12/04/15 Price Changed $59,900 -7.8% $32 / Sq Ft
10/25/2015 10/25/15 For Sale $65,000 -- $34 / 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 $1,456 $122,300 $26,300 $96,000
2023 $1,456 $133,000 $26,300 $106,700
2022 $1,233 $133,000 $26,300 $106,700
2021 $978 $97,600 $12,200 $85,400
2020 $759 $86,100 $12,200 $73,900
2019 $627 $78,600 $12,200 $66,400
2018 $526 $69,100 $5,100 $64,000
2017 $482 $71,100 $5,100 $66,000
2016 $457 $71,100 $5,100 $66,000
2014 $1,399 $64,700 $5,100 $59,600
2013 $1,339 $60,800 $5,100 $55,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Chris Price

    Keller Williams Indy Metro W

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21384360

MIBOR Broker Listing Cooperative®

APN: 49-06-14-125-174.000-801

Indiana Marion County Indianapolis 46208 Butler-Tarkington/Rocky Ripple

512 W 40th St, Indianapolis, IN

This home is located at 512 W 40th St, Indianapolis, IN 46208 since 25 October 2015 and is currently estimated at $182,863, approximately $96 per square foot. This property was built in 1920. 512 W 40th St is a home located in Marion County with nearby schools including James Whitcomb Riley School 43, Arsenal Technical High School, and George Washington Community High School No. 721.

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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