$11,000
SOLD AUG 19, 2016

605 N Sherman Dr Indianapolis, IN 46201

Near Eastside Neighborhood
4 Beds
2 Baths
1,631 Sq Ft
5,881 Sq Ft Lot

Recently Sold

$7 Per Sq Ft

42% Below List Price

116 Days on Market

Highlights

  • Woodwork
  • Forced Air Heating System
  • Garage
  • Bungalow

About This Home

As of November 2019

Great east side Indianapolis investment opportunity. Previously rehabbed 4 bedroom/ 2 bath house sustained water damage from frozen pipes. Much renovation needed. Some tear out has been started. Great layout with main floor master bedroom. Could be a nice starter home or rental near bus route and amenities. Please overlook the sideways pictures. Working out the glitch.

Last Agent to Sell the Property

Amanda Hadley

F.C. Tucker Company License #RB14047980 Listed on: 03/02/2016

F.C. Tucker Company

Last Buyer's Agent

Andrew Heimer

Heimer Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1905

Lot Details

  • 5,881 Sq Ft Lot

Parking

  • Garage

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Basement
  • Basement Lookout

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Community Details

  • Lowes E Mich St Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491004130001000101

Home Details

Home Type

Single Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1905
  • Garage Y N: Yes
  • Lot Size Acres: 0.135
  • Subdivision Name: LOWES E MICH ST
  • Inspection Warranties: Not Applicable
  • Property Description: Great east side Indianapolis investment opportunity. Previously rehabbed 4 bedroom/ 2 bath house sustained water damage from frozen pipes. Much renovation needed. Some tear out has been started. Great layout with main floor master bedroom. Could be a nice starter home or rental near bus route and amenities. Please overlook the sideways pictures. Working out the glitch.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Daylight/Lookout Windows
  • Appliances: None
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Wood Work Painted
  • Living Area: 1631
  • Other Equipment: Not Applicable
  • Room Count: 5
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1398
  • Main Level Sq Ft: 932
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Main Level
  • Total Sq Ft: 1631
  • Below Grade Sq Ft: 233
  • Upper Level Sq Ft: 466
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 15000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 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: 491004130001000101
  • Acres: <1/4 Acre
  • Lot Number: 5
  • Lot Size: 5,881

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 712
  • Semi Annual Property Tax Amt: 356
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2020
Closed on
Jul 27, 2020
Sold by
Long Pond Indiana Llc
Bought by
605 N Sherman Llc
Seller's Agent
John Stainbrook
Alpine Leasing
Buyer's Agent
John Stainbrook
Alpine Leasing
Sold Price
$725
Current Estimated Value
$157,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,108

Purchase Details

Listed on
Oct 4, 2019
Closed on
Nov 5, 2019
Sold by
Haple Properties Llc
Bought by
Long Pond Indiana Llc
Seller's Agent
Joshua Bangert
Hidalgo Group, LLC
Buyer's Agent
CJ Jennings
eXp Realty LLC
List Price
$36,900
Sold Price
$31,000
Premium/Discount to List
-$5,900
-15.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.37%

Purchase Details

Listed on
Mar 2, 2016
Closed on
Aug 31, 2016
Sold by
Oceanpointe Investments Limited
Bought by
Shakeware Llc
Seller's Agent
Amanda Hadley
F.C. Tucker Company
Buyer's Agent
Andrew Heimer
Heimer Real Estate LLC
List Price
$19,000
Sold Price
$11,000
Premium/Discount to List
-$8,000
-42.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.09%

Purchase Details

Listed on
Mar 2, 2016
Closed on
Aug 18, 2016
Sold by
Titan Hkg Llc
Bought by
Oceanpointe Investments Limited
Seller's Agent
Amanda Hadley
F.C. Tucker Company
Buyer's Agent
Andrew Heimer
Heimer Real Estate LLC
List Price
$19,000
Sold Price
$11,000
Premium/Discount to List
-$8,000
-42.11%

Purchase Details

Closed on
Jan 24, 2014
Sold by
Marion County Auditor
Bought by
Marion County

Purchase Details

Closed on
Jan 23, 2014
Sold by
Novelii David
Bought by
County Of Marion

Purchase Details

Closed on
Jun 29, 2009
Sold by
Seg Commercial Llc
Bought by
Novelii David and The Novelli Irrevocable Exemption Trust

Purchase Details

Closed on
May 8, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Seg Commercial Llc

Purchase Details

Closed on
Jan 30, 2009
Sold by
Pickard Robert F
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Oct 2, 2007
Sold by
D & D Property Solutions Llc
Bought by
Pickard Robert F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2007
Sold by
Bham Diversified Llc
Bought by
D & D Property Solutions Llc

Purchase Details

Closed on
Feb 28, 2007
Sold by
American Propeerty Investmetns Inc
Bought by
Bham Diversified Llc and D & D Property Solutions Llc

Purchase Details

Closed on
Oct 23, 2006
Sold by
Fannie Mae
Bought by
American Property Investments Inc

Purchase Details

Closed on
Jul 10, 2006
Sold by
Hammes Michael J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 12, 2006
Sold by
American Property Investments Inc
Bought by
Sharp Jeff
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 Type Sale Price Title Company
Warranty Deed $80,600 Monument Title
Warranty Deed $31,000 Monument Title Insurance Compa
Warranty Deed $31,000 Monument Title Insurance Compa
Warranty Deed -- None Available
Warranty Deed -- Mtc
Legal Action Court Order $4,000 --
Quit Claim Deed $4,000 None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $3,827 None Available
Special Warranty Deed $23,900 None Available
Special Warranty Deed -- Statewide Title Company Inc
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Special Warranty Deed -- None Available
Sheriffs Deed $45,863 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $63,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Rented $725 0.0% --
06/30/2020 06/30/20 For Rent $725 0.0% --
11/05/2019 11/05/19 Sold $31,000 -16.0% $19 / Sq Ft
10/30/2019 10/30/19 Pending -- -- --
10/25/2019 10/25/19 For Sale $36,900 0.0% $23 / Sq Ft
10/09/2019 10/09/19 Pending -- -- --
10/04/2019 10/04/19 For Sale $36,900 +235.5% $23 / Sq Ft
08/19/2016 08/19/16 Sold $11,000 -26.7% $7 / Sq Ft
06/27/2016 06/27/16 Pending -- -- --
05/31/2016 05/31/16 Price Changed $15,000 -21.1% $9 / Sq Ft
03/02/2016 03/02/16 For Sale $19,000 -- $12 / 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 $2,256 $89,500 $7,400 $82,100
2023 $2,256 $91,400 $7,400 $84,000
2022 $2,315 $94,400 $7,400 $87,000
2021 $1,715 $70,700 $7,400 $63,300
2020 $1,223 $48,400 $3,000 $45,400
2019 $1,171 $45,400 $3,000 $42,400
2018 $1,185 $45,600 $3,000 $42,600
2017 $2,089 $41,300 $3,000 $38,300
2016 $854 $36,900 $3,000 $33,900
2014 $712 $32,300 $3,000 $29,300
2013 $1,139 $50,600 $3,000 $47,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    John Stainbrook

    Alpine Leasing

    (317) 500-2248

    1 Total Sale

    Section Image
  • Joshua Bangert

    Seller's Agent in 2019

    Joshua Bangert

    Hidalgo Group, LLC

    (317) 523-8452

    8 in this area

    77 Total Sales

    Section Image

  • C

    Buyer's Agent in 2019

    CJ Jennings

    eXp Realty LLC

    Section Image

  • C

    Buyer's Agent in 2019

    Chris Jennings

    Urban Realty Group, LLC

    (317) 900-0890

    2 in this area

    13 Total Sales

    Section Image
  • Amanda Hadley

    Seller's Agent in 2016

    Amanda Hadley

    F.C. Tucker Company

    (317) 686-0612

    7 in this area

    63 Total Sales

    Section Image

  • A

    Buyer's Agent in 2016

    Andrew Heimer

    Heimer Real Estate LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21401956

MIBOR Broker Listing Cooperative®

APN: 49-10-04-130-001.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

605 N Sherman Dr, Indianapolis, IN

This home is located at 605 N Sherman Dr, Indianapolis, IN 46201 and is currently priced at $11,000, approximately $6 per square foot. This property was built in 1905. 605 N Sherman Dr is a home located in Marion County with nearby schools including Ralph Waldo Emerson School 58, 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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