NOT LISTED FOR SALE

Estimated Value: $113,000 - $153,006

3 Beds
1 Bath
1,050 Sq Ft
$131/Sq Ft Est. Value

Last Sold January 11, 2023

Last sale price $125,000 $119 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $890/month

33 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Vinyl Plank Flooring
  • No HOA
  • Shed
  • Forced Air Heating System

About This Home

As of January 2023

This home qualifies for the Home First Program. $1,000 Down, No PMI, and Lower Than Market Interest Rates. Beautifully renovated 1990s home just minutes from downtown and IUPUI. Home boasts a large covered front porch, new kitchen and bath, new flooring, paint, lighting and windows, gravel parking area. Furnace and water heater are newer. Crawl space is clean. This is a perfect home for a first time buyer or individuals downsizing. Home qualifies for low down payment, no PMI, low interest rate through certain lenders. Seller is willing to buy down rate with the right offer.

Last Agent to Sell the Property

Justin Capps

Ferris Property Group Listed on: 11/02/2022

Last Buyer's Agent

Peg Tharp Atherton

F.C. Tucker Company License #RB14033087

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $416

Year Built

  • Built in 1994

Lot Details

  • 4,182 Sq Ft Lot

Home Design

  • Ranch Style House
  • Block Foundation
  • Wood Siding

Interior Spaces

  • 1,050 Sq Ft Home
  • Vinyl Clad Windows
  • Combination Kitchen and Dining Room
  • Vinyl Plank Flooring
  • Fire and Smoke Detector
  • Range Hood

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Storage Shed

Utilities

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

Community Details

  • No Home Owners Association
  • Merritt Place Subdivision

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 491103111039000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$416

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1994
  • Building Area Total: 1050
  • Garage Y N: No
  • Lot Size Acres: 0.096
  • Subdivision Name: Merritt Place
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • MBR_AttributionContact: justin@ferrispropertygroup.com
  • Active Open House Count: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Range Hood, Electric Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Windows Vinyl
  • Living Area: 1050
  • Main Level Bedrooms: 3
  • Other Equipment: Smoke Alarm
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1050
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0
  • SqFt Total: 1050

Exterior Features

  • Construction Materials: Wood Siding
  • Disclosures: Not Applicable
  • Exterior Features: Storage Shed
  • Foundation Details: Block
  • List Price: 139900
  • Patio And Porch Features: Open Patio, Covered Porch

Garage/Parking

  • Parking Features: Gravel, None
  • Garage Sq Ft: 0

Utilities

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

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Sidewalks
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 4182
  • Parcel Number: 491103111039000101
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 416
  • Tax Lot: 54
  • Semi Annual Property Tax Amt: 208
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2022
Closed on
Jan 16, 2023
Sold by
Capps Justin
Bought by
Indy Sweet Home Llc
Seller's Agent
Justin Capps
Ferris Property Group
Buyer's Agent
Peg Tharp Atherton
F.C. Tucker Company
List Price
$159,900
Sold Price
$125,000
Premium/Discount to List
-$34,900
-21.83%
Views
44
Current Estimated Value
$137,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,502
Avg. Annual Appreciation
3.58%
Original Mortgage
$91,250
Outstanding Balance
$88,287
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$49,215

Purchase Details

Listed on
Nov 2, 2022
Closed on
Jan 11, 2023
Sold by
Capps Justin and Green Door Investments Llc
Bought by
Indy Sweet Home Llc
Seller's Agent
Justin Capps
Ferris Property Group
Buyer's Agent
Peg Tharp Atherton
F.C. Tucker Company
List Price
$159,900
Sold Price
$125,000
Premium/Discount to List
-$34,900
-21.83%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,250
Outstanding Balance
$88,287
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$49,215

Purchase Details

Closed on
Sep 1, 2022
Sold by
Washington Vanessa
Bought by
Green Door Investments Llc and Capps
Source: Public Records

Range of Values:

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Average Value
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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
Indy Sweet Home Llc $125,000 --
Indy Sweet Home Llc -- None Listed On Document
Green Door Investments Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Indy Sweet Home Llc $91,250
Closed Indy Sweet Home Llc $91,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2023 01/11/23 Sold $125,000 -10.7% $119 / Sq Ft
12/06/2022 12/06/22 Price Changed $139,900 -6.7% $133 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
11/14/2022 11/14/22 Price Changed $149,900 -6.3% $143 / Sq Ft
11/02/2022 11/02/22 For Sale $159,900 -- $152 / 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 $1,896 $114,300 $3,300 $111,000
2023 $1,896 $77,000 $3,300 $73,700
2022 $555 $77,000 $3,300 $73,700
2021 $450 $65,000 $3,300 $61,700
2020 $272 $42,000 $3,300 $38,700
2019 $240 $37,800 $3,300 $34,500
2018 $192 $31,400 $3,300 $28,100
2017 $147 $27,900 $3,300 $24,600
2016 $136 $27,300 $3,300 $24,000
2014 $106 $25,500 $3,300 $22,200
2013 $116 $25,000 $3,300 $21,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21890576

MIBOR Broker Listing Cooperative®

APN: 49-11-03-111-039.000-101