NOT LISTED FOR SALE

541 S Drexel Ave Indianapolis, IN 46203

Christian Park Neighborhood

Estimated Value: $72,000 - $154,000

2 Beds
1 Bath
768 Sq Ft
$170/Sq Ft Est. Value

Last Sold June 29, 2015

Last sale price $24,055 $31 Per Sq Ft

Est. 444% increase in value since last sale

Current estimated payment $869/month

141 Days on Market

Highlights

  • Formal Dining Room
  • 1-Story Property
  • Garage
  • Bungalow
  • Forced Air Heating System

About This Home

As of June 2015

Come take a look at this cute 2 bedroom bungalow with full basement on Indy's southeast side within walking distance to Christian Park. Property has attractive stone and vinyl exterior with a 1 car detached garage. The interior needs a little TLC to bring it back to its former glory days.

Last Agent to Sell the Property

Jenni Ruiz

J S Ruiz Realty, Inc. License #RB14031546 Listed on: 01/11/2015

Co-Listed By

Jacqueline Strong

Berkshire Hathaway Home

Last Buyer's Agent

Todd Sacksteder

S & W Real Estate LLC License #RB14032770

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $220

Year Built

  • Built in 1948

Lot Details

  • 5,750 Sq Ft Lot

Parking

  • Garage

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Drexel & Fletchers Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491009146002000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$220

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1948
  • Garage Y N: Yes
  • Lot Size Acres: 0.132
  • Subdivision Name: DREXEL & FLETCHERS SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Come take a look at this cute 2 bedroom bungalow with full basement on Indy's southeast side within walking distance to Christian Park. Property has attractive stone and vinyl exterior with a 1 car detached garage. The interior needs a little TLC to bring it back to its former glory days.
  • Transaction Type: Sale
  • Website: www.jsruizrealty.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 768
  • Other Equipment: Not Applicable
  • Room Count: 5
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 768
  • Main Level Sq Ft: 768
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 768
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Bathroom Areas: 1.0000
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Vinyl With Stone
  • Disclosures: HUD-Owned
  • Foundation Details: Block
  • List Price: 28000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Detached

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491009146002000101
  • Acres: <1/4 Acre
  • Lot Number: 2
  • Lot Size: 5750

Tax Info

  • Tax Annual Amount: 220
  • Semi Annual Property Tax Amt: 110
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2023
Sold by
Sls Real Estate Group Llc
Bought by
Salcedo Hugo
Current Estimated Value
$130,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,200
Outstanding Balance
$45,022
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$85,756

Purchase Details

Closed on
Jul 6, 2022
Sold by
Sacksteder Properties Llc
Bought by
Sls Real Estate Group Llc

Purchase Details

Listed on
Jan 11, 2015
Closed on
Jun 22, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Sacksteder Properties Llc
Seller's Agent
Jenni Ruiz
J S Ruiz Realty, Inc.
Buyer's Agent
Todd Sacksteder
S & W Real Estate LLC
List Price
$28,000
Sold Price
$24,055
Premium/Discount to List
-$3,945
-14.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.10%

Purchase Details

Closed on
Feb 21, 2014
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop
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
Salcedo Hugo $41,703 None Listed On Document
Sls Real Estate Group Llc $41,703 None Listed On Document
Sls Real Estate Group Llc -- None Listed On Document
Sacksteder Properties Llc -- Eagle Land Title Llc
The Secretary Of Housing & Urban Develop -- None Available
Wells Fargo Bank Na $28,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salcedo Hugo $46,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2015 06/29/15 Sold $24,055 -14.1% $31 / Sq Ft
06/01/2015 06/01/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $28,000 0.0% $36 / Sq Ft
04/03/2015 04/03/15 Pending -- -- --
03/30/2015 03/30/15 Price Changed $28,000 -11.1% $36 / Sq Ft
03/02/2015 03/02/15 Price Changed $31,500 -14.3% $41 / Sq Ft
01/10/2015 01/10/15 For Sale $36,750 -- $48 / 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 $1,876 $80,100 $11,100 $69,000
2023 $1,876 $74,600 $11,100 $63,500
2022 $2,010 $74,600 $11,100 $63,500
2021 $1,544 $62,500 $11,100 $51,400
2020 $1,281 $51,000 $4,300 $46,700
2019 $1,191 $46,300 $4,300 $42,000
2018 $1,074 $41,100 $4,300 $36,800
2017 $936 $39,700 $4,300 $35,400
2016 $863 $37,200 $4,300 $32,900
2014 $179 $36,100 $4,300 $31,800
2013 -- $41,600 $4,300 $37,300
Source: Public Records

Agents Affiliated with this Home

  • Jenni Ruiz

    Seller's Agent in 2015

    Jenni Ruiz

    J S Ruiz Realty, Inc.

    (317) 466-0152

    301 Total Sales

    Jenni Ruiz
    Section Image

  • J

    Seller Co-Listing Agent in 2015

    Jacqueline Strong

    Berkshire Hathaway Home

  • Todd Sacksteder

    Buyer's Agent in 2015

    Todd Sacksteder

    S & W Real Estate LLC

    (317) 523-5533

    54 Total Sales

    Todd Sacksteder
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21331117

MIBOR Broker Listing Cooperative®

APN: 49-10-09-146-002.000-101

Indiana Marion County Indianapolis 46203 Christian Park

541 S Drexel Ave, Indianapolis, IN

This home is located at 541 S Drexel Ave, Indianapolis, IN 46203 since 11 January 2015 and is currently estimated at $130,778, approximately $170 per square foot. This property was built in 1948. 541 S Drexel Ave is a home located in Marion County with nearby schools including Christian Park School 82, 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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