NOT LISTED FOR SALE

623 W 40th St Indianapolis, IN 46208

Butler-Tarkington/Rocky Ripple Neighborhood

Estimated Value: $228,000 - $266,000

3 Beds
1 Bath
1,436 Sq Ft
$171/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $145,000 $101 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,727/month

90 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Family or Dining Combination
  • 2 Car Detached Garage
  • 1-Story Property

About This Home

As of February 2024

Amazing opportunity in a great location! This 3 bedroom 1 bath Bungalow is awaiting your special touch. Take notice of the large detached 2 car garage, large lot (2 parcels included) and full basement. You'll fall in love with the timeless wood floors and charming layout. This home is located near Butler University, downtown, shopping, dining, and much more.

Last Agent to Sell the Property

Christopher Wynkoop

Wynkoop Brokerage Firm, LLC Brokerage Email: chris@indianareo.com License #RB14052103 Listed on: 10/10/2023

Last Buyer's Agent

Tamika Patterson

Keller Williams Indy Metro NE

Keller Williams Indy Metro NE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot
  • Additional Parcels

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,436 Sq Ft Home
  • 1-Story Property
  • Family or Dining Combination
  • Attic Access Panel
  • Electric Oven
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association
  • Columbia Place Subdivision

Listing and Financial Details

  • Tax Lot 8011163
  • Assessor Parcel Number 490614152001000801

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1920
  • Building Area Total: 2476
  • Garage Y N: Yes
  • Lot Size Acres: 0.17
  • Subdivision Name: Columbia Place
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: chris@indianareo.com
  • Attribution Contact: chris@indianareo.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Appliances: Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access
  • Living Area: 1436
  • Main Level Bedrooms: 3
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1436
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Foundation Details: Block
  • List Price: 139900

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Garage Sq Ft: 360

Utilities

  • Cooling: None
  • Heating: No Heating
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels Description: 8023307 0.17 acres
  • Additional Parcels: Yes
  • Horse Amenities: None
  • Lot Size Sq Ft: 7405
  • Parcel Number: 490614152001000801
  • Acres: <1/4 Acre
  • Price Acre: 852941

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 5716
  • Tax Lot: 8011163
  • Semi Annual Property Tax Amt: 2858

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Feb 27, 2024
Sold by
Nrea Vb Iii Llc
Bought by
Hickey Head Enterprises Llc
Seller's Agent
Christopher Wynkoop
Wynkoop Brokerage Firm, LLC
Buyer's Agent
Tamika Patterson
Keller Williams Indy Metro NE
List Price
$164,900
Sold Price
$145,000
Premium/Discount to List
-$19,900
-12.07%
Views
132
Current Estimated Value
$245,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,183
Avg. Annual Appreciation
37.27%
Original Mortgage
$217,700
Outstanding Balance
$214,270
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$19,679

Purchase Details

Listed on
Oct 6, 2017
Closed on
Dec 11, 2017
Sold by
Estate Of Minnie Lytle
Bought by
Vbannex B Borrower Llc
Seller's Agent
Ruby Simpson
Simpson Real Estate & Property Management, LLC
Buyer's Agent
Staci Cool
Benchmark Property Group, LLC
List Price
$79,900
Sold Price
$68,500
Premium/Discount to List
-$11,400
-14.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.84%
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 Buyer Sale Price Title Company
Hickey Head Enterprises Llc $145,000 Total Title
Vbannex B Borrower Llc $68,500 --
Vbanneex B Borrower Llc -- --
Vbannex B Borrow Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hickey Head Enterprises Llc $217,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $145,000 +3.6% $101 / Sq Ft
01/09/2024 01/09/24 Pending -- -- --
01/02/2024 01/02/24 Price Changed $139,900 -3.5% $97 / Sq Ft
12/13/2023 12/13/23 Price Changed $144,900 -3.3% $101 / Sq Ft
11/27/2023 11/27/23 Price Changed $149,900 -3.2% $104 / Sq Ft
11/09/2023 11/09/23 Price Changed $154,900 -3.1% $108 / Sq Ft
10/27/2023 10/27/23 Price Changed $159,900 -3.0% $111 / Sq Ft
10/10/2023 10/10/23 For Sale $164,900 +140.7% $115 / Sq Ft
12/11/2017 12/11/17 Sold $68,500 0.0% $28 / Sq Ft
12/07/2017 12/07/17 Pending -- -- --
10/11/2017 10/11/17 Off Market $68,500 -- --
10/11/2017 10/11/17 Pending -- -- --
10/06/2017 10/06/17 For Sale $79,900 -- $32 / 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 $4,693 $192,600 $23,000 $169,600
2023 $4,693 $192,600 $23,000 $169,600
2022 $3,985 $192,600 $23,000 $169,600
2021 $2,977 $123,900 $5,000 $118,900
2020 $2,638 $108,900 $5,000 $103,900
2019 $2,693 $109,300 $5,000 $104,300
2018 $2,857 $115,300 $5,000 $110,300
2017 $1,061 $106,800 $5,000 $101,800
2016 $1,039 $103,300 $5,000 $98,300
2014 $944 $99,100 $5,000 $94,100
2013 $907 $99,100 $5,000 $94,100
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Christopher Wynkoop

    Wynkoop Brokerage Firm, LLC

    (317) 507-4121

    2 in this area

    194 Total Sales

    Christopher Wynkoop
    Section Image

  • T

    Buyer's Agent in 2024

    Tamika Patterson

    Keller Williams Indy Metro NE

    Section Image
  • Ruby Simpson

    Seller's Agent in 2017

    Ruby Simpson

    Simpson Real Estate & Property Management, LLC

    (317) 989-8586

    1 in this area

    42 Total Sales

    Ruby Simpson
    Section Image

  • S

    Buyer's Agent in 2017

    Staci Cool

    Benchmark Property Group, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21947831

MIBOR Broker Listing Cooperative®

APN: 49-06-14-152-042.000-801

Indiana Marion County Indianapolis 46208 Butler-Tarkington/Rocky Ripple

623 W 40th St, Indianapolis, IN

This home is located at 623 W 40th St, Indianapolis, IN 46208 since 10 October 2023 and is currently estimated at $245,183, approximately $170 per square foot. This property was built in 1920. 623 W 40th St is a home located in Marion County with nearby schools including James Whitcomb Riley School 43, George Washington Community High School (9-12), 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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