NOT LISTED FOR SALE

Estimated Value: $100,000 - $128,000

3 Beds
1 Bath
925 Sq Ft
$128/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $112,000 $121 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $660/month

25 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Luxury Vinyl Plank Tile Flooring
  • L-Shaped Dining Room
  • Storm Windows
  • 4-minute walk to Wes Montgomery Park

About This Home

As of September 2024

Tenant-occupied home generating solid rental income. This well-maintained three-bedroom property features new flooring installed in 2024 and a new furnace and air conditioning system installed in August 2024. With a reliable long-term tenant in place, this property offers an excellent turnkey rental opportunity. Additional features include a storage shed in the backyard. Conveniently located just off Emerson in an area with strong property values. Don't miss the opportunity to add this property to your portfolio.

Last Agent to Sell the Property

Amit Mishra

BluPrint Real Estate Group Brokerage Email: amit.realtorin@gmail.com License #RB24000178 Listed on: 08/18/2024

BluPrint Real Estate Group

Last Buyer's Agent

Jacob Plata

Libertad Real Estate Co., LLC License #RB23000004

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,460

Year Built

  • Built in 1959

Lot Details

  • 6,752 Sq Ft Lot

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 925 Sq Ft Home
  • L-Shaped Dining Room
  • Luxury Vinyl Plank Tile Flooring
  • Storm Windows
  • Electric Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Shangri La Subdivision

Listing and Financial Details

  • Tax Lot 490722118001000701
  • Assessor Parcel Number 490722118001000701
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,460

Year Built

Built in 1959

Lot Details

6,752 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1959
  • Building Area Total: 925
  • Garage Y N: No
  • Lot Size Acres: 0.16
  • Subdivision Name: Shangri-La
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: amit.realtorin@gmail.com
  • Attribution Contact: amit.realtorin@gmail.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None, Electric Cooktop, Electric Water Heater, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Storms Some
  • Living Area: 925
  • Eating Area: Dining-L
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 925
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Slab

Utilities

  • Cooling: Central Electric
  • Heating: Electric, Forced Air
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 6752
  • Parcel Number: 490722118001000701
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1460
  • Tax Lot: 490722118001000701
  • Semi Annual Property Tax Amt: 730

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2024
Closed on
Sep 27, 2024
Sold by
Indyhomesforyou Llc
Bought by
Jimenez Karen
Seller's Agent
Amit Mishra
BluPrint Real Estate Group
Buyer's Agent
Jacob Plata
Libertad Real Estate Co., LLC
List Price
$126,500
Sold Price
$112,000
Premium/Discount to List
-$14,500
-11.46%
Views
16
Current Estimated Value
$118,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,474
Avg. Annual Appreciation
3.90%

Purchase Details

Closed on
Aug 5, 2021
Sold by
Ranganathan Sathish Kumar
Bought by
Indyhomesforyou Llc

Purchase Details

Closed on
Jun 29, 2021
Sold by
Ranhanathan Sathish Kumar
Bought by
Indyhomesforyou Llc

Purchase Details

Listed on
Dec 27, 2020
Closed on
Apr 23, 2021
Sold by
Lbc Indiana Holdings Llc
Bought by
Ranganathan Sathish Kumar
Seller's Agent
Pamela Brown
PMI Indianapolis
Buyer's Agent
David Mann
Resolute Realty
List Price
$69,900
Sold Price
$63,000
Premium/Discount to List
-$6,900
-9.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.76%
Original Mortgage
$47,250
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2019
Sold by
Freeport Invest Llc
Bought by
Lbc Indiana Holdings Llc

Purchase Details

Closed on
Jun 5, 2019
Sold by
Alphamark Llc
Bought by
Freeport Invest Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 4, 2019
Sold by
Horizon Trust Co
Bought by
Alphamark Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 12, 2016
Sold by
Nbc Properties Llc
Bought by
Horizon Trust Company and Susan Egan Ira

Purchase Details

Closed on
Jun 22, 2015
Sold by
Indy Biz Ventures Llc
Bought by
Nbc Properties Llc

Purchase Details

Closed on
Jun 20, 2015
Sold by
Simple Quarters Llc
Bought by
Indy Biz Ventures Llc

Purchase Details

Closed on
Jun 2, 2015
Sold by
West Crown Llc
Bought by
Simple Quarters Llc

Purchase Details

Closed on
Apr 10, 2012
Sold by
J3 Development Group Llc
Bought by
West Crown Llc

Purchase Details

Closed on
Dec 8, 2011
Sold by
Hrh Development Corporation
Bought by
J3 Development Group Llc

Purchase Details

Closed on
Sep 7, 2011
Sold by
City Of Indianapolis Department Of Metro
Bought by
Hrh Development Corporation

Purchase Details

Closed on
Jun 16, 2011
Sold by
Parham Judith E
Bought by
City Of Indianapolis
Source: Public Records
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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
Jimenez Karen $112,000 Lenders Escrow & Title
Indyhomesforyou Llc -- None Listed On Document
Indyhomesforyou Llc $63,000 None Available
Ranganathan Sathish Kumar $63,000 None Available
Lbc Indiana Holdings Llc $44,000 Monument Title Insurance Compa
Freeport Invest Llc $31,000 Monument Title Insurance Compa
Alphamark Llc $22,000 Monument Title Insurance Compa
Horizon Trust Company -- None Available
Nbc Properties Llc -- None Available
Indy Biz Ventures Llc -- None Available
Simple Quarters Llc -- None Available
West Crown Llc -- None Available
J3 Development Group Llc $7,500 None Available
Hrh Development Corporation $1,000 None Available
City Of Indianapolis $6,014 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ranganathan Sathish Kumar $47,250
Previous Owner Freeport Invest Llc $41,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2024 09/27/24 Sold $112,000 -6.3% $121 / Sq Ft
09/12/2024 09/12/24 Pending -- -- --
09/11/2024 09/11/24 Price Changed $119,500 -5.5% $129 / Sq Ft
08/18/2024 08/18/24 For Sale $126,500 +100.8% $137 / Sq Ft
04/23/2021 04/23/21 Sold $63,000 -9.9% $68 / Sq Ft View Prior Sale
03/22/2021 03/22/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $69,900 +11.0% $76 / Sq Ft
03/01/2021 03/01/21 Off Market $63,000 -- --
02/27/2021 02/27/21 For Sale $69,900 +11.0% $76 / Sq Ft
02/21/2021 02/21/21 Off Market $63,000 -- --
02/20/2021 02/20/21 For Sale $69,900 +11.0% $76 / Sq Ft
02/11/2021 02/11/21 Off Market $63,000 -- --
02/05/2021 02/05/21 Price Changed $69,900 0.0% $76 / Sq Ft
02/05/2021 02/05/21 For Sale $69,900 +11.0% $76 / Sq Ft
01/15/2021 01/15/21 Off Market $63,000 -- --
12/27/2020 12/27/20 For Sale $61,900 -- $67 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $526 $100,300 $4,900 $95,400
2024 $1,535 $78,000 $4,900 $73,100
2023 $1,535 $61,800 $4,900 $56,900
2022 $1,527 $61,800 $4,900 $56,900
2021 $1,110 $45,200 $4,900 $40,300
2020 $1,152 $46,900 $6,600 $40,300
2019 $1,208 $48,400 $6,600 $41,800
2018 $1,405 $56,300 $6,600 $49,700
2017 $1,243 $55,600 $6,600 $49,000
2016 $832 $37,100 $6,600 $30,500
2014 $783 $36,200 $6,600 $29,600
2013 -- $36,200 $6,600 $29,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21996785

MIBOR Broker Listing Cooperative®

APN: 49-07-22-118-001.000-701

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