Estimated Value: $172,833 - $185,000
2
Beds
1.5
Baths
1,244
Sq Ft
$142/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Eat-In Country Kitchen
- Forced Air Heating System
- No HOA
- 2 Car Attached Garage
- Combination Kitchen and Dining Room
About This Home
As of June 2024Calling all investors looking for a simple project! This home is ready for your creative vision with several essentials already done. This ranch is an amazing opportunity located in sought-after Lapel. 1,244 square feet of living space with 2 bedrooms & 1.5 bathrooms. It used to be 3 bedrooms & could easily become that again just by adding a wall. Home has been handled with care for many years. Kitchen has tons of space & lots of opportunity. Family room is flooded with natural light creating an inviting atmosphere. Master bedroom comes with ample closet space. Backyard is perfect for relaxing/entertaining. Home also comes with a 2-car attached garage. Close to schools, parks, shops, restaurants & downtown Lapel. Schedule a showing & explore the possibilities!
Last Agent to Sell the Property
United Real Estate Indpls Brokerage Email: Elston.re@gmail.com License #RB14052287 Listed on: 05/10/2024
Last Buyer's Agent
Paul Scherrer
United Real Estate Indpls
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,274
Year Built
- Built in 1964
Lot Details
- 8,712
Parking
- 2 Car Attached Garage
Home Design
- Ranch Style House
- Fixer Upper
- Brick Exterior Construction
Interior Spaces
- 1,244 Sq Ft Home
- Combination Kitchen and Dining Room
- Crawl Space
- Attic Access Panel
Kitchen
- Eat-In Country Kitchen
- Breakfast Bar
Bedrooms and Bathrooms
- 2 Bedrooms
Schools
- Lapel Middle School
Additional Features
- 8,712 Sq Ft Lot
- Forced Air Heating System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 481028401079000032
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2024
Closed on
Jun 5, 2024
Sold by
Lemasters Rex Scott
Bought by
Rieches Tyler Ray and Rieches Beth Elaine
Seller's Agent
Alexander Elston
United Real Estate Indpls
Buyer's Agent
Paul Scherrer
United Real Estate Indpls
List Price
$150,000
Sold Price
$177,500
Premium/Discount to List
$27,500
18.33%
Views
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$292
Avg. Annual Appreciation
-0.16%
Original Mortgage
$142,000
Outstanding Balance
$140,844
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$36,364
Purchase Details
Closed on
Apr 20, 2010
Sold by
Stephenson Ronald L and Stephenson Donna K
Bought by
Lemasters Rex S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,043
Interest Rate
5.5%
Mortgage Type
FHA
Similar Home in Lapel, IN
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rieches Tyler Ray | $177,500 | Investors Title | |
| Lemasters Rex S | $108,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rieches Tyler Ray | $142,000 | |
| Previous Owner | Lemasters Rex S | $106,043 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2024 06/05/24 | Sold | $177,500 | +18.3% | $143 / Sq Ft |
| 05/11/2024 05/11/24 | Pending | -- | -- | -- |
| 05/10/2024 05/10/24 | For Sale | $150,000 | -- | $121 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $1,468 | $146,800 | $20,100 | $126,700 |
| 2023 | $1,342 | $134,200 | $19,100 | $115,100 |
| 2022 | $1,274 | $127,400 | $18,400 | $109,000 |
| 2021 | $1,186 | $118,600 | $18,400 | $100,200 |
| 2020 | $1,135 | $113,500 | $6,900 | $106,600 |
| 2019 | $1,104 | $110,400 | $6,900 | $103,500 |
| 2018 | $1,007 | $100,700 | $6,900 | $93,800 |
| 2017 | $994 | $99,400 | $6,900 | $92,500 |
| 2016 | $994 | $99,400 | $6,900 | $92,500 |
| 2014 | $991 | $99,100 | $6,900 | $92,200 |
| 2013 | $991 | $99,100 | $6,900 | $92,200 |
Source: Public Records
Agents Affiliated with this Home
-
Alexander Elston
Seller's Agent in 2024
Alexander Elston
United Real Estate Indpls
(317) 216-8800
1 in this area
143 Total Sales
-
Buyer's Agent in 2024
Paul Scherrer
United Real Estate Indpls
(317) 255-7285
1 in this area
160 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21978726
APN: 48-10-28-401-079.000-032
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.
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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