NOT LISTED FOR SALE

Estimated Value: $68,000 - $91,742

2 Beds
1 Bath
1,016 Sq Ft
$80/Sq Ft Est. Value

Last Sold June 21, 2021

Last sale price $45,000 $44 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $546/month

156 Days on Market

Highlights

  • L-Shaped Dining Room
  • 1-Story Property
  • Forced Air Heating System
  • Covered Patio or Porch

About This Home

As of June 2021

This home is located at 538 N Elder Ave, Indianapolis, IN 46222 since 04 January 2021 and is currently estimated at $80,914, approximately $79 per square foot. This property was built in 1920. 538 N Elder Ave is a home located in Marion County with nearby schools including George Washington Community High School (9-12), Arsenal Technical High School, and Allegiant Preparatory Academy.

Last Agent to Sell the Property

Natalie Clayton

Maywright Property Co. License #RB16001824 Listed on: 01/04/2021

Last Buyer's Agent

Jennifer Mattos

Garnet Group

Garnet Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 4,182

Home Design

  • Block Foundation

Interior Spaces

  • 1-Story Property
  • Vinyl Clad Windows
  • L-Shaped Dining Room
  • Gas Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • 4,182 Sq Ft Lot

Community Details

  • Merritt Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491103111134000101

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1920
  • Garage Y N: No
  • Lot Size Acres: 0.096
  • Subdivision Name: MERRITT PLACE
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Gas Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Windows Vinyl
  • Other Equipment: Not Applicable
  • Eating Area: Dining-L
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1016
  • Main Level Sq Ft: 1016
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Other
  • Disclosures: Not Applicable
  • Exterior Features: Not Applicable
  • Foundation Details: Block
  • List Price: 60000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Fuel: Electric,Gas
  • Garage Parking Description: None
  • Garage Sq Ft: 0

Utilities

  • Sewer: Sewer Connected
  • Cooling: Window Unit(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491103111134000101
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Storm Sewer,Street Lights
  • Lot Number: 123
  • Lot Size: 4,182

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1194
  • Semi Annual Property Tax Amt: 597
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Jun 21, 2021
Sold by
Gowdy Michelle
Bought by
Elder Properties Llc
Seller's Agent
Natalie Clayton
Maywright Property Co.
Buyer's Agent
Jennifer Mattos
Garnet Group
Sold Price
$45,000
Current Estimated Value
$83,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,939
Avg. Annual Appreciation
17.99%
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
Elder Properties Llc $45,000 Lenders Escrow & Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold $45,000 0.0% $44 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
05/21/2021 05/21/21 For Sale -- -- --
04/30/2021 04/30/21 Off Market $45,000 -- --
04/12/2021 04/12/21 For Sale $75,000 0.0% $74 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $75,000 -- $74 / 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 $1,044 $44,000 $3,300 $40,700
2023 $1,044 $41,100 $3,300 $37,800
2022 $1,038 $41,100 $3,300 $37,800
2021 $870 $34,800 $3,300 $31,500
2020 $598 $23,000 $3,300 $19,700
2019 $546 $20,400 $3,300 $17,100
2018 $473 $17,200 $3,300 $13,900
2017 $391 $15,500 $3,300 $12,200
2016 $377 $15,200 $3,300 $11,900
2014 $59 $15,200 $3,300 $11,900
2013 $59 $14,900 $3,300 $11,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21758489

MIBOR Broker Listing Cooperative®

APN: 49-11-03-111-134.000-101