$70,000
SOLD SEP 27, 2019

56 Briar Ln Beech Grove, IN 46107

3 Beds
1 Bath
2,154 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$32 Per Sq Ft

7% Below List Price

0 Day on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Covered Patio or Porch

About This Home

As of August 2024

Ranch with a basement in Beech Grove gives you a good opportunity to get into the rental game with IMMEDIATE POSITIVE CASH FLOW available. House does need some TLC. The good news is you will still be CASH FLOW POSITIVE despite repairs needed. You will NOT have to search for and screen potential tenants as current renters have been in place for 10 years and would like to stay. Brand new roof and car port were installed in 2012. Furnace replaced in 2014. Sump pump and water heater replaced in 2019. This could be a good opportunity for you. Come check it out!

Last Agent to Sell the Property

Cleia and Ben Tupper

Keller Williams Indy Metro S License #RB17000940 Listed on: 08/20/2019

Keller Williams Indy Metro S

Co-Listed By

Cleia Tupper

Keller Williams Indy Metro S License #RB15000221

Last Buyer's Agent

Cleia and Ben Tupper

Keller Williams Indy Metro S License #RB17000940 Listed on: 08/20/2019

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $850

Year Built

  • Built in 1959

Parking

  • Carport

Home Design

  • 2,154 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Eat-In Kitchen
  • Covered Patio or Porch
  • 5,663 Sq Ft Lot
  • Finished Basement

Community Details

  • Sherman Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491029109007000502

Home Details

Home Type

Single Family

Est. Annual Taxes

$850

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1959
  • Co List Office Phone: 317-882-5900
  • Garage Y N: No
  • Lot Size Acres: 0.13
  • Subdivision Name: SHERMAN TERRACE
  • Inspection Warranties: Other
  • Property Description: Ranch with a basement in Beech Grove gives you a good opportunity to get into the rental game with IMMEDIATE POSITIVE CASH FLOW available. House does need some TLC. The good news is you will still be CASH FLOW POSITIVE despite repairs needed. You will NOT have to search for and screen potential tenants as current renters have been in place for 10 years and would like to stay. Brand new roof and car port were installed in 2012. Furnace replaced in 2014. Sump pump and water heater replaced in 2019. This could be a good opportunity for you. Come check it out!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Dishwasher,Disposal,Electric Oven,Range Hood
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Screens Some,Storms Some
  • Living Area: 2154
  • Other Equipment: Satellite Dish Paid,Smoke Detector,Sump Pump
  • Room Count: 7
  • Eating Area: Other Eating Area
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1077
  • Main Level Sq Ft: 1077
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2154
  • Kitchen Features: Kitchen Eat In
  • Below Grade Sq Ft: 1077
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 75+%

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete,Fence Full Rear
  • Foundation Details: Block
  • List Price: 75000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: Carport

Utilities

  • Sewer: Community Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Community Water
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491029109007000502
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Tree Mature
  • Lot Number: 59
  • Lot Size: 49 X 119

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 850
  • Semi Annual Property Tax Amt: 425
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Beech Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Aug 22, 2024
Sold by
Hudson Rebecca J
Bought by
Taylor Jacob and Cascella Vincenza
Seller's Agent
Jordan Moody
Keller Williams Indpls Metro N
Buyer's Agent
Stephanie Lines
Keller Williams Indy Metro S
List Price
$210,000
Sold Price
$215,000
Premium/Discount to List
$5,000
2.38%
Views
12
Current Estimated Value
$215,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120
Avg. Annual Appreciation
0.05%
Original Mortgage
$15,050
Outstanding Balance
$9,829
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$205,291

Purchase Details

Listed on
Jan 15, 2021
Closed on
Feb 19, 2021
Sold by
Lund Derrick W
Bought by
Hudson Rebecca J
Seller's Agent
Hayley Wild
Compass Indiana, LLC
Buyer's Agent
Blaine Evans
Keller Williams Indpls Metro N
List Price
$165,000
Sold Price
$170,000
Premium/Discount to List
$5,000
3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Original Mortgage
$5,950
Interest Rate
2.21%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2019
Closed on
Sep 27, 2019
Sold by
Taylor Richard W and Taylor Ellen L
Bought by
Lund Derrick W
Seller's Agent
Cleia and Ben Tupper
Keller Williams Indy Metro S
Buyer's Agent
Cleia and Ben Tupper
Keller Williams Indy Metro S
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
88.47%
Original Mortgage
$52,500
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $215,000 Summit Title Agency
Warranty Deed $170,000 Stewart Title
Warranty Deed $70,000 Near North Title Group
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $15,050 New Conventional
Open $199,950 New Conventional
Previous Owner $5,950 New Conventional
Previous Owner $166,920 FHA
Previous Owner $5,950 New Conventional
Previous Owner $39,600 New Conventional
Previous Owner $52,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2024 08/22/24 Sold $215,000 +2.4% $100 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $210,000 +23.5% $97 / Sq Ft
02/19/2021 02/19/21 Sold $170,000 +3.0% $79 / Sq Ft
01/17/2021 01/17/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $165,000 +135.7% $77 / Sq Ft
09/27/2019 09/27/19 Sold $70,000 -6.7% $32 / Sq Ft
08/21/2019 08/21/19 Pending -- -- --
08/21/2019 08/21/19 For Sale $75,000 -- $35 / 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 $2,714 $218,200 $13,200 $205,000
2023 $2,714 $199,500 $13,200 $186,300
2022 $2,522 $177,700 $13,200 $164,500
2021 $1,384 $107,100 $13,200 $93,900
2020 $2,789 $107,100 $13,200 $93,900
2019 $1,073 $91,700 $13,200 $78,500
2018 $965 $85,300 $13,200 $72,100
2017 $970 $84,000 $13,200 $70,800
2016 $938 $82,100 $13,200 $68,900
2014 $868 $79,100 $13,200 $65,900
2013 $867 $79,100 $13,200 $65,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21662989

MIBOR Broker Listing Cooperative®

APN: 49-10-29-109-007.000-502