NOT LISTED FOR SALE

Estimated Value: $323,000 - $354,000

2 Beds
1.5 Baths
2,036 Sq Ft
$167/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $227,000 $111 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,402/month

Highlights

  • 1 Fireplace
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Separate Formal Living Room
  • 1-Story Property
  • 3-minute walk to Broad Ripple Park

About This Home

As of March 2021

Fantastic home off 62nd & Indianola. Home features lovely hardwood floors and a woodburning fireplace in living room over-looking a formal dining room. Great, updated eat-in kitchen with lots of light, cabinet space and countertops. Nice enclosed heated front porch. Spacious finished basement with a bar and a washer and dryer set. Spacious backyard with a large patio great for entertaining Pets Negotiable! Note: In addition to the monthly rent, Tenant will pay an additional $30 each month for a Tenant Benefits Package. Details can be found here: www.threaltyinc.com/tbp

Last Agent to Rent the Property

Jeremy Tallman

T&H Realty Services, Inc. License #RB14034385 Listed on: 02/25/2021

Co-Listed By

Claire Holdsworth

JUST LIV, LLC

Last Renter's Agent

Jeremy Tallman

T&H Realty Services, Inc. License #RB14034385 Listed on: 02/25/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,036 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

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

Community Details

  • Northcliffe Terrace Subdivision

Listing and Financial Details

  • Security Deposit $1,950
  • Tenant pays for all utilities
  • The owner pays for no utilities
  • 12-Month Minimum Lease Term
  • $65 Application Fee
  • Assessor Parcel Number 490706110017000801

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Parking

1

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: All Utilities
  • Lease Price: 1950.00
  • Min Lease Req: 12
  • Security Deposit: 1950
  • Application Fee: 65.00

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1939
  • Co List Office Phone: 317-255-7767
  • Garage Y N: Yes
  • Lot Size Acres: 0.12
  • Subdivision Name: NORTHCLIFFE TERRACE
  • Inspection Warranties: Not Applicable
  • Property Description: Fantastic home off 62nd & Indianola. Home features lovely hardwood floors and a woodburning fireplace in living room over-looking a formal dining room. Great, updated eat-in kitchen with lots of light, cabinet space and countertops. Nice enclosed heated front porch. Spacious finished basement with a bar and a washer and dryer set. Spacious backyard with a large patio great for entertaining Pets Negotiable! Note: In addition to the monthly rent, Tenant will pay an additional $30 each month for a Tenant Benefits Package. Details can be found here: www.threaltyinc.com/tbp
  • Transaction Type: Lease
  • Website: www.threaltyinc.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Dishwasher,Dryer,Disposal,Microwave,Electric Oven,Refrigerator,Washer
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room,Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Walk-in Closet(s),Hardwood Floors
  • Living Area: 2036
  • Other Equipment: Radon System,Security Alarm Monitored,Smoke Detector
  • Owner Pays: No Utilities
  • Room Count: 7
  • Areas Interior: Living Room Formal
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1018
  • Main Level Sq Ft: 1018
  • Basement Half Bathrooms: 1
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Main Level
  • Total Sq Ft: 2036
  • Below Grade Sq Ft: 1018
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 50-75%

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Block
  • List Price: 1950
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch,Glass Enclosed Porch

Garage/Parking

  • Garage Spaces: 1
  • 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 Connected,Gas Connected
  • Water Heater: Gas

Condo/Co-op/Association

  • Pets Allowed: W/Approval

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490706110017000801
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Tree Mature
  • Lot Number: 8
  • Lot Size: 39x136

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2040
  • Semi Annual Property Tax Amt: 1020
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2017
Closed on
May 11, 2017
Sold by
Derek L
Bought by
Abel Melissa
Seller's Agent
Laura Burnsed
Buyer's Agent
Frank McManus
List Price
$224,900
Sold Price
$227,000
Premium/Discount to List
$2,100
0.93%
Current Estimated Value
$339,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,063
Avg. Annual Appreciation
4.95%

Purchase Details

Closed on
Jul 24, 2009
Sold by
Mallon Anna M
Bought by
Kramer Derek L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,677
Interest Rate
5.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 16, 2009
Sold by
Mallon Anna M and Muehling Anna E
Bought by
Mallon Anna M and Anna M Mallon Revocable Trust
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
Abel Melissa $227,000 --
Kramer Derek L -- None Available
Mallon Anna M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kramer Derek L $174,677
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2021 03/18/21 Rented $1,975 +1.3% --
03/12/2021 03/12/21 Under Contract -- -- --
03/11/2021 03/11/21 For Rent $1,950 0.0% --
03/04/2021 03/04/21 Under Contract -- -- --
02/25/2021 02/25/21 For Rent $1,950 0.0% --
05/12/2017 05/12/17 Sold $227,000 +0.9% $111 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $224,900 -0.9% $110 / Sq Ft
04/05/2017 04/05/17 Off Market $227,000 -- --
03/30/2017 03/30/17 For Sale $224,900 -- $110 / 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 $6,696 $287,500 $37,000 $250,500
2023 $6,696 $278,600 $37,000 $241,600
2022 $6,835 $258,700 $37,000 $221,700
2021 $5,935 $254,000 $13,300 $240,700
2020 $2,733 $250,400 $13,300 $237,100
2019 $2,672 $219,300 $13,300 $206,000
2018 $2,545 $207,400 $13,300 $194,100
2017 $2,170 $197,500 $13,300 $184,200
2016 $2,087 $193,900 $13,300 $180,600
2014 $2,060 $191,600 $13,300 $178,300
2013 $1,884 $178,000 $13,300 $164,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21768267

MIBOR Broker Listing Cooperative®

APN: 49-07-06-110-017.000-801