NOT LISTED FOR SALE

513 N Sherman Dr Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $78,125

-- Bed
4 Baths
3,698 Sq Ft
$21/Sq Ft Est. Value

Last Sold September 14, 2023

Last sale price $70,000 $19 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $492/month

About This Home

As of September 2023

This home is located at 513 N Sherman Dr, Indianapolis, IN 46201 since 14 September 2023 and is currently estimated at $78,125, approximately $21 per square foot. This property was built in 1964. 513 N Sherman Dr 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.

Last Agent to Sell the Property

Michael Heims

@properties Brokerage Email: michael@atpropertiesind.com License #RB18001309 Listed on: 09/14/2023

@properties

Last Buyer's Agent

Michael Heims

@properties Brokerage Email: michael@atpropertiesind.com License #RB18001309 Listed on: 09/14/2023

@properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,700

Home Design

  • Duplex

Additional Features

  • 1-Story Property
  • 7,700 Sq Ft Lot

Community Details

  • Lowes E Mich St Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 491004130015000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1964
  • Lot Size Acres: 0.18
  • Subdivision Name: Lowes E Mich St
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: michael@atpropertiesind.com
  • Attribution Contact: michael@atpropertiesind.com
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 70000
  • Road Access: Not Applic

Utilities

  • Solid Waste: No

Fee Information

  • Expenses: 0

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 7700
  • Parcel Number: 491004130015000101
  • Zoning: C3
  • Acres: <1/4 Acre
  • Price Acre: 388889

Green Features

  • Green Certification Y N: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2764
  • Tax Lot: 9
  • Semi Annual Property Tax Amt: 1382

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2023
Sold by
Toora Investments Llc
Bought by
A Place Called Home Residential Living Inc
Current Estimated Value
$78,125

Purchase Details

Listed on
Sep 14, 2023
Closed on
Nov 10, 2023
Sold by
Toora Investments Llc
Bought by
A Place Called Home Residential Living Inc
Seller's Agent
Michael Heims
@properties
Buyer's Agent
Michael Heims
@properties
List Price
$70,000
Sold Price
$70,000
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%

Purchase Details

Listed on
Sep 14, 2023
Closed on
Sep 15, 2023
Sold by
Gorman Karl
Bought by
Toora Investments Llc
Seller's Agent
Michael Heims
@properties
Buyer's Agent
Michael Heims
@properties
List Price
$70,000
Sold Price
$70,000
Views
1

Purchase Details

Closed on
Jun 16, 2020
Sold by
Indy Acquisition Group 1 Llc
Bought by
Gorman Karl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2020
Sold by
Liberty Apt Properties Llc
Bought by
Indy Acquisition Group I Llc

Purchase Details

Closed on
May 22, 2018
Sold by
Chaudhary Ravinder S and Toora Klilbir
Bought by
Liberty Apt Properties Llc

Purchase Details

Listed on
Aug 11, 2016
Closed on
Oct 24, 2017
Sold by
Susan M
Bought by
Ravinder S
Seller's Agent
Maurice Harbert
Buyer's Agent
Maurice Harbert
List Price
$91,000
Sold Price
$65,000
Premium/Discount to List
-$26,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.34%
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
A Place Called Home Residential Living Inc -- Investors Title
A Place Called Home Residential Living Inc $200,000 Investors Title
Toora Investments Llc $70,000 First American Title
Gorman Karl $175,000 Monument Title
Indy Acquisition Group I Llc $110,000 Monument Title
Liberty Apt Properties Llc -- None Available
Ravinder S $65,000 --
Chaudhary Ravinder S $65,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gorman Karl $131,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold $70,000 0.0% $19 / Sq Ft
09/14/2023 09/14/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $70,000 +7.7% $19 / Sq Ft
10/31/2017 10/31/17 Sold $65,000 0.0% $18 / Sq Ft
10/24/2017 10/24/17 Sold $65,000 -18.2% $18 / Sq Ft
10/24/2017 10/24/17 Pending -- -- --
10/24/2017 10/24/17 Pending -- -- --
07/12/2017 07/12/17 Price Changed $79,500 -11.2% $21 / Sq Ft
07/03/2017 07/03/17 For Sale $89,500 0.0% $24 / Sq Ft
12/03/2016 12/03/16 Price Changed $89,500 -1.6% $24 / Sq Ft
08/11/2016 08/11/16 For Sale $91,000 -- $25 / 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 $2,765 $94,200 $16,900 $77,300
2023 $2,765 $94,300 $16,900 $77,400
2022 $2,766 $94,300 $16,900 $77,400
2021 $2,714 $86,800 $15,400 $71,400
2020 $2,234 $70,900 $15,400 $55,500
2019 $2,191 $68,400 $15,400 $53,000
2018 $2,254 $68,500 $15,400 $53,100
2017 $2,349 $80,900 $15,400 $65,500
2016 $1,480 $77,200 $15,400 $61,800
2014 $1,552 $78,100 $15,400 $62,700
2013 $1,570 $78,100 $15,400 $62,700
Source: Public Records

Agents Affiliated with this Home

  • Michael Heims

    Seller's Agent in 2023

    Michael Heims

    @properties

    (317) 489-3441

    2 in this area

    43 Total Sales

    Michael Heims
    Section Image

  • M

    Seller's Agent in 2017

    Maurice Harbert

    Realty World - Harbert Company, Inc

    Section Image
  • Pamela Smith

    Seller Co-Listing Agent in 2017

    Pamela Smith

    REALTY WORLD-Harbert Company

    (317) 446-0959

    1 in this area

    75 Total Sales

    Pamela Smith
    Section Image

  • M

    Buyer's Agent in 2017

    Maurice "Mo" Harbert

    REALTY WORLD-Harbert Company

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21943437

MIBOR Broker Listing Cooperative®

APN: 49-10-04-130-015.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

513 N Sherman Dr, Indianapolis, IN

This home is located at 513 N Sherman Dr, Indianapolis, IN 46201 since 14 September 2023 and is currently estimated at $78,125, approximately $21 per square foot. This property was built in 1964. 513 N Sherman Dr 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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