NOT LISTED FOR SALE

Estimated Value: $250,000 - $356,000

3 Beds
3 Baths
2,880 Sq Ft
$104/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $153,000 $53 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,786/month

57 Days on Market

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • 2 Car Detached Garage
  • Wood Flooring
  • Formal Dining Room
  • Thermal Windows

About This Home

As of December 2018

Butler Tarkington! Unique open floor plan with historic 1920's charm. Don't miss an opportunity to see this updated classic just minutes from Butler University, downtown and the near north-side. The covered front porch welcomes you home to this 3 bed, 3 bath. Enjoy the master bedroom & laundry on the main floor. Beautiful hardwood floors! Updated kitchen is open to the large family room and formal dining room. Tons of closet space found throughout. Numerous upgrades include: roof, chimney, kitchen and appliances all installed just three years ago. Welcome home to 522 W 40th St!

Last Agent to Sell the Property

Tricia Mera

@properties License #RB15000305 Listed on: 09/19/2018

@properties

Co-Listed By

Catherine Fese

F.C. Tucker Company License #RB17001233

Last Buyer's Agent

Candice Darring

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,222

Year Built

  • Built in 1920

Lot Details

  • 8,015 Sq Ft Lot
  • Privacy Fence

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Thermal Windows
  • Formal Dining Room
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Cellar
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • Culver Riggs & Lynns Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490614125136000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,222

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1920
  • Co List Office Phone: 317-259-6000
  • Garage Y N: Yes
  • Lot Size Acres: 0.184
  • Subdivision Name: CULVER RIGGS & LYNNS
  • Inspection Warranties: Not Applicable
  • Property Description: Butler Tarkington! Unique open floor plan with historic 1920's charm. Don't miss an opportunity to see this updated classic just minutes from Butler University, downtown and the near north-side. The covered front porch welcomes you home to this 3 bed, 3 bath. Enjoy the master bedroom & laundry on the main floor. Beautiful hardwood floors! Updated kitchen is open to the large family room and formal dining room. Tons of closet space found throughout. Numerous upgrades include: roof, chimney, kitchen and appliances all installed just three years ago. Welcome home to 522 W 40th St!
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Cellar
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Windows Thermal, Wood Work Painted
  • Living Area: 2880
  • Other Equipment: Smoke Detector, Programmable Thermostat, Water-Softener Rented
  • Room Count: 6
  • Areas Interior: Foyer Large,Laundry Closet,Laundry Room Main Level
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 2160
  • Main Level Sq Ft: 1440
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2880
  • Kitchen Features: Kitchen Eat In,Kitchen Updated,Pantry
  • Below Grade Sq Ft: 720
  • Upper Level Sq Ft: 720
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Cellar

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel, Fence Privacy
  • Foundation Details: Block, Crawl Space
  • List Price: 165000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Detached

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: 490614125136000801
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Tree Mature
  • Lot Number: 219
  • Lot Size: 8002

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1222
  • Semi Annual Property Tax Amt: 611
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools
  • Schools: James Whitcomb Riley School 43 Elementary,James Whitcomb Riley School 43 Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2018
Closed on
Dec 21, 2018
Sold by
Bailey-Duvall Tayo
Bought by
Jones Katrina C
Seller's Agent
Tricia Mera
@properties
Buyer's Agent
Candice Darring
F.C. Tucker Company
List Price
$174,900
Sold Price
$153,000
Premium/Discount to List
-$21,900
-12.52%
Current Estimated Value
$300,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,325
Avg. Annual Appreciation
10.84%
Original Mortgage
$148,410
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 8, 2015
Closed on
Dec 15, 2015
Sold by
Img Inc
Bought by
Bailey Tayo
Seller's Agent
Kerry Miller
CENTURY 21 Scheetz
Buyer's Agent
Tricia Mera
@properties
List Price
$94,900
Sold Price
$94,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.13%
Original Mortgage
$93,152
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 6, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Img Inc

Purchase Details

Closed on
Nov 21, 2011
Sold by
Lewis Leroy and Lewis Elayne
Bought by
Deutsche Bank National Trust Company
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
Jones Katrina C -- None Available
Bailey Tayo -- None Available
Img Inc -- --
Deutsche Bank National Trust Company $38,013 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Katrina C $160,000
Closed Jones Katrina C $138,700
Closed Jones Katrina C $148,410
Previous Owner Bailey Tayo $93,152
Previous Owner Lewis Leroy $93,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2018 12/21/18 Sold $153,000 -7.3% $53 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
10/29/2018 10/29/18 Price Changed $165,000 -5.7% $57 / Sq Ft
09/19/2018 09/19/18 For Sale $174,900 +84.3% $61 / Sq Ft
12/15/2015 12/15/15 Sold $94,900 0.0% $44 / Sq Ft
10/05/2015 10/05/15 Off Market $94,900 -- --
10/01/2015 10/01/15 For Sale $94,900 0.0% $44 / Sq Ft
09/01/2015 09/01/15 Off Market $94,900 -- --
04/08/2015 04/08/15 For Sale $94,900 +630.0% $44 / Sq Ft
07/25/2012 07/25/12 Sold $13,000 0.0% $5 / Sq Ft
06/10/2012 06/10/12 Pending -- -- --
04/18/2012 04/18/12 For Sale $13,000 -- $5 / 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 $2,400 $178,300 $26,300 $152,000
2023 $2,400 $196,300 $26,300 $170,000
2022 $2,163 $196,300 $26,300 $170,000
2021 $1,772 $147,500 $12,200 $135,300
2020 $1,626 $135,100 $12,200 $122,900
2019 $1,472 $122,600 $12,200 $110,400
2018 $1,323 $112,600 $5,100 $107,500
2017 $1,222 $115,700 $5,100 $110,600
2016 $1,157 $115,700 $5,100 $110,600
2014 $2,278 $105,400 $5,100 $100,300
2013 $974 $98,800 $5,100 $93,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21595005

MIBOR Broker Listing Cooperative®

APN: 49-06-14-125-136.000-801