NOT LISTED FOR SALE

541 Schmitt Rd Indianapolis, IN 46239

Southeast Warren Neighborhood

Estimated Value: $435,000 - $469,000

4 Beds
4 Baths
2,844 Sq Ft
$156/Sq Ft Est. Value

About This Home

This home is located at 541 Schmitt Rd, Indianapolis, IN 46239 and is currently estimated at $444,218, approximately $156 per square foot. 541 Schmitt Rd is a home located in Marion County with nearby schools including Creston Intermediate and Middle School, Grassy Creek Elementary School, and Creston Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2024
Sold by
Patel Suresh P and Patel Madhuri S
Bought by
Watford Chonda
Current Estimated Value
$444,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,500
Outstanding Balance
$381,844
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$62,374

Purchase Details

Closed on
Apr 26, 2024
Sold by
Patel Suresh P and Patel Madhuri S
Bought by
Watford Chonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,500
Outstanding Balance
$381,844
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$62,374

Purchase Details

Closed on
Oct 31, 2005
Sold by
Beattey Construction Company Inc
Bought by
Patel Suresh P and Patel Madhuri S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,453
Interest Rate
6.17%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Watford Chonda -- First American Title
Watford Chonda $410,000 First American Title
Patel Suresh P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watford Chonda $389,500
Closed Watford Chonda $389,500
Previous Owner Patel Suresh P $202,453
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 $4,836 $435,400 $44,300 $391,100
2023 $4,836 $408,100 $44,300 $363,800
2022 $4,244 $368,200 $44,300 $323,900
2021 $3,425 $299,000 $44,300 $254,700
2020 $2,906 $253,000 $44,300 $208,700
2019 $2,818 $245,400 $36,800 $208,600
2018 $2,868 $250,000 $36,800 $213,200
2017 $2,393 $230,100 $36,800 $193,300
2016 $2,348 $225,800 $36,800 $189,000
2014 $2,259 $225,900 $36,800 $189,100
2013 $2,259 $225,900 $36,800 $189,100
Source: Public Records

Map

Indiana Marion County Indianapolis 46239 Southeast Warren

541 Schmitt Rd, Indianapolis, IN

Not Listed for Sale

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