NOT LISTED FOR SALE

Estimated Value: $72,000 - $131,000

2 Beds
1 Bath
1,440 Sq Ft
$73/Sq Ft Est. Value

Last Sold February 24, 2020

Last sale price $40,450 $28 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $729/month

15 Days on Market

Highlights

  • Separate Formal Living Room
  • 2 Car Detached Garage
  • 1-Story Property
  • Covered Patio or Porch
  • Landscaped with Trees
  • Forced Air Heating and Cooling System

About This Home

As of February 2020

Perfect investment property! This 2 bedroom 1 bathroom home has a lot of potential. Cute little porch and a basement for additional possibilities.

Last Agent to Sell the Property

Chris Schlosser

CMS Real Estate Services License #RB14024817 Listed on: 01/14/2020

Last Buyer's Agent

Scott Smith

Keller Williams Indy Metro S

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $158

Year Built

  • Built in 1953

Lot Details

  • 5,227

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • Separate Formal Living Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Landscaped with Trees

Community Details

  • Ritter Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490734118047000701

Home Details

Home Type

Single Family

Est. Annual Taxes

$158

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1953
  • Garage Y N: Yes
  • Subdivision Name: RITTER PARK
  • Inspection Warranties: Other
  • Property Description: Perfect investment property! This 2 bedroom 1 bathroom home has a lot of potential. Cute little porch and a basement for additional possibilities.
  • Transaction Type: Sale
  • Website: www.cmsrealestate.net
  • Website: www.indyhomelocator.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Interior Amenities: Windows Vinyl
  • Living Area: 1440
  • Other Equipment: Not Applicable
  • Room Count: 5
  • Areas Interior: Living Room Formal
  • Eating Area: None
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 720
  • Main Level Sq Ft: 720
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1440
  • Kitchen Features: Kitchen Updated
  • Below Grade Sq Ft: 720
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: HUD-Owned
  • Exterior Features: Driveway Asphalt,Fence Full Rear
  • Foundation Details: Block
  • List Price: 40000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Detached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,Gas Connected
  • Water Heater: Gas

Fee Information

  • Mandatory Fee: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490734118047000701
  • Acres: <1/4 Acre
  • Lot Information: Trees Small
  • Lot Number: 101
  • Lot Size: 50X105

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 158
  • Semi Annual Property Tax Amt: 79
  • Tax Exemption: OtherTaxExemption/See Remarks

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2020
Closed on
Feb 24, 2020
Sold by
Hud
Bought by
Y & D Enterprises Llc
Seller's Agent
Chris Schlosser
CMS Real Estate Services
Buyer's Agent
Scott Smith
Keller Williams Indy Metro S
List Price
$40,000
Sold Price
$40,450
Premium/Discount to List
$450
1.12%
Current Estimated Value
$105,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,560
Avg. Annual Appreciation
21.40%

Purchase Details

Closed on
Oct 7, 2019
Sold by
Midfirst Bank
Bought by
Hud

Purchase Details

Closed on
Jul 23, 2019
Sold by
Marion County Sheriff
Bought by
Midfirst Bank

Purchase Details

Closed on
Oct 26, 2007
Sold by
Hatcher Danielle
Bought by
Nevarez Vicente

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,766
Interest Rate
6.45%
Mortgage Type
FHA
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
Y & D Enterprises Llc $40,450 Title Alliance Of Indy Metro,
Hud -- None Available
Midfirst Bank $48,750 None Available
Nevarez Vicente -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nevarez Vicente $3,858
Previous Owner Nevarez Vicente $68,766
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2020 02/24/20 Sold $40,450 +1.1% $28 / Sq Ft
01/30/2020 01/30/20 Pending -- -- --
01/14/2020 01/14/20 For Sale $40,000 -- $28 / 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 $1,888 $78,600 $9,000 $69,600
2023 $1,888 $75,900 $9,000 $66,900
2022 $1,706 $68,600 $9,000 $59,600
2021 $1,413 $57,600 $9,000 $48,600
2020 $1,382 $56,100 $6,100 $50,000
2019 $2,049 $50,700 $6,100 $44,600
2018 $352 $46,700 $6,100 $40,600
2017 $298 $44,000 $6,100 $37,900
2016 $280 $43,500 $6,100 $37,400
2014 $267 $48,700 $6,100 $42,600
2013 $324 $56,400 $6,100 $50,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21687863

MIBOR Broker Listing Cooperative®

APN: 49-07-34-118-005.000-701