$308,000
SOLD JUN 2, 2025

631 E 86th St Indianapolis, IN 46240

2 Beds
1 Bath
1,032 Sq Ft
0.27 Acres

Recently Sold

$298 Per Sq Ft

2% Below List Price

18 Days on Market

Highlights

  • Mature Trees
  • Ranch Style House
  • No HOA
  • North Central High School Rated A-
  • Wood Flooring
  • Covered patio or porch

About This Home

As of June 2025

Discover the charm of this delightful bungalow located within walking distance of Nora's vibrant restaurants and shops. This quaint 2-bedroom, 1-bathroom home features original hardwood floors, a cozy fireplace, and new windows that fill the space with natural light. The fully fenced backyard provides privacy and a safe space for relaxation or play, complemented by a convenient two-car detached garage. Positioned for easy access to I-465, and just a short drive to Carmel, this property combines the appeal of suburban tranquility with the benefits of city living, making it an ideal choice for those seeking convenience and character.

Last Agent to Sell the Property

Jacob Hemrick

Hemrick Property Group Inc. Brokerage Email: jake@hemrickpropertygroup.com License #RB14045327 Listed on: 03/27/2025

Last Buyer's Agent

Jeff Schafer

F.C. Tucker Company License #RB15000289

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,430

Year Built

  • Built in 1941

Lot Details

  • 0.27 Acre Lot
  • Mature Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Bungalow
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,032 Sq Ft Home
  • Woodwork
  • Paddle Fans
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Sump Pump
  • Laundry in Basement

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Park Ave Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490323126001000800
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,430

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow, Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1941
  • Building Area Total: 2064
  • Garage Y N: Yes
  • Lot Size Acres: 0.27
  • Subdivision Name: Park Ave Heights
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: jake@hemrickpropertygroup.com
  • Attribution Contact: jake@hemrickpropertygroup.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Hardwood Floors, Wood Work Painted, Paddle Fan, Hi-Speed Internet Availbl
  • Living Area: 1032
  • Main Level Bedrooms: 2
  • Other Equipment: Smoke Alarm, Sump Pump
  • Areas Interior: Bedroom Other on Main
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1032
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Aluminum Siding
  • Fencing: Fence Full Rear
  • Foundation Details: Block, Full
  • List Price: 305000
  • Patio And Porch Features: Open Patio, Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Garage Parking Other: Service Door
  • Garage Sq Ft: 440

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Basement
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Curbs, Sidewalks, Street Lights, Mature Trees
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 11761
  • Parcel Number: 490323126001000800
  • Acres: 1/4-1/2 Acre
  • Price Acre: 1140741

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3430
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1715

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2025
Closed on
Jun 2, 2025
Sold by
Tobar Nicholas and Tobar Molly
Bought by
Matthews Sawyer Thomas and Zhivotovsky Stephany
Seller's Agent
Jacob Hemrick
Hemrick Property Group Inc.
Buyer's Agent
Jeff Schafer
F.C. Tucker Company
List Price
$314,900
Sold Price
$308,000
Premium/Discount to List
-$6,900
-2.19%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.21%
Original Mortgage
$230,500
Outstanding Balance
$230,500
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$72,789

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 21, 2022
Sold by
Krauter Emily A
Bought by
Tobar Nicholas and Majot Molly
Seller's Agent
Michelle Shepherd
F.C. Tucker Company
Buyer's Agent
Jacob Hemrick
Hemrick Property Group Inc.
List Price
$259,900
Sold Price
$285,000
Premium/Discount to List
$25,100
9.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.66%
Original Mortgage
$256,500
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 18, 2018
Closed on
Mar 6, 2019
Sold by
Haines Joshua D and Robbins Emily
Bought by
Curnow Emily A
Seller's Agent
Michael Johns
CENTURY 21 Scheetz
Buyer's Agent
Michelle Shepherd
F.C. Tucker Company
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.08%
Original Mortgage
$148,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 16, 2017
Closed on
Apr 6, 2017
Sold by
Currie Brandon J
Bought by
Haines Joshua D and Haines Emily M
Seller's Agent
Lauren Masur
Berkshire Hathaway Home
Buyer's Agent
Michael Johns
CENTURY 21 Scheetz
List Price
$179,900
Sold Price
$169,000
Premium/Discount to List
-$10,900
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.82%
Original Mortgage
$160,550
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 20, 2016
Closed on
Nov 17, 2016
Sold by
Steen John D
Bought by
Rizzo Karen A
Seller's Agent
Debra Wilson
Keller Williams Indpls Metro N
Buyer's Agent
Lauren Masur
Berkshire Hathaway Home
List Price
$115,000
Sold Price
$85,000
Premium/Discount to List
-$30,000
-26.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
376.80%

Purchase Details

Listed on
Jul 20, 2016
Closed on
Oct 28, 2016
Sold by
Carli Larry R and Carli Kathy B
Bought by
Currie Brandon J
Seller's Agent
Debra Wilson
Keller Williams Indpls Metro N
Buyer's Agent
Lauren Masur
Berkshire Hathaway Home
List Price
$115,000
Sold Price
$85,000
Premium/Discount to List
-$30,000
-26.09%
Source: Public Records

Similar Homes in Indianapolis, IN

  • 625 N Temple Ave, Indianapolis, IN 46201

    $369,000

    • 4 Beds
    • 3.5 Baths
    • 2,475 Sq Ft
    • 625 N Temple Ave
    • Indianapolis, IN

    "New Price Offering!" Completely renovated in 2024, this 2,475 sq ft, 4-bedroom, 3.5-bath home exemplifies modern luxury. It features premium vinyl flooring, high-end fixtures, granite countertops, and stainless steel appliances. The interior is enhanced by a neutral palette, accent walls, and relaxing fireplace. The finished basement includes a second master bedroom with an en-suite bathroom

    Pearl Douglas F.C. Tucker Company

    Section Image
  • 5303 Rum Cherry Way, Indianapolis, IN 46237

    $359,000

    • 4 Beds
    • 2.5 Baths
    • 2,980 Sq Ft
    • 5303 Rum Cherry Way
    • Indianapolis, IN

    Move-In Ready & Stunning! This immaculate 4-bedroom, 2.5-bath home is spotless and feels brand new! Featuring spacious bedrooms with walk-in closets, including a huge primary suite with a luxurious bathroom, this home is designed for comfort. The large upstairs loft adds extra flexibility, while the open-concept living areas offer plenty of room for entertaining. Enjoy the abundance of natural

    Trisha Benefield REALTY WORLD-Harbert Company

    Section Image
  • 8327 Andrusia Ln, Indianapolis, IN 46237

    $374,900

    • 4 Beds
    • 2.5 Baths
    • 2,820 Sq Ft
    • 8327 Andrusia Ln
    • Indianapolis, IN

    **Back on the Market as NO fault to the seller. Buyer was unable to obtain financing. All inspection items have been addressed and resolved** Spacious, upgraded 4-Bedroom Home with Loft, Office, and Backyard Oasis - Move-In Ready in Prime Location! This beautifully updated and meticulously maintained two-story home offers room to grow with 4 spacious bedrooms, a dedicated home office, and a large

    Courtney Hanley Esquire Real Estate Group LLC

    Section Image
  • 9639 Maple Dr, Indianapolis, IN 46280

    $375,000

    • 3 Beds
    • 2 Baths
    • 1,496 Sq Ft
    • 9639 Maple Dr
    • Indianapolis, IN

    This ranch-style home on Carmel's southeast side was completely updated in 2022 from top to bottom. Updates include: an open floor plan with luxury vinyl plank flooring, a gorgeous kitchen with all new cabinets, granite counters, new appliances and subway tile backsplash, fresh paint and new lighting. The two full baths have also been updated with ceramic tile flooring, new vanities, fixtures,

    Lisa McCoy CENTURY 21 Scheetz

    Section Image
  • 1802 E 66th St, Indianapolis, IN 46220

    $240,000

    • 2 Beds
    • 1 Bath
    • 1,074 Sq Ft
    • 1802 E 66th St
    • Indianapolis, IN

    Close to Broad Ripple without the price tag! This well-maintained, turn-key home sits just minutes from Broad Ripple Park, restaurants, and shops, offering the location you want without the premium price. Sitting on a picturesque corner lot, the property features a fully fenced, oversized backyard-ideal for entertaining, relaxing, or letting pets roam. Inside, you'll find a huge family room with

    Justin Capps Ferris Property Group

    Section Image
  • 7224 N Tuxedo St, Indianapolis, IN 46240

    $359,900

    • 3 Beds
    • 2 Baths
    • 1,864 Sq Ft
    • 7224 N Tuxedo St
    • Indianapolis, IN

    Location, location, location! This single-family residence is ready to welcome you home and offers an inviting promise of comfortable living. This property presents an exciting opportunity to create a personalized haven. Spacious Family Room w/dbl sided frplc, Eat-in Kitchen w/center island and dining area great for entertaining. This home features three bdrms, providing ample space for rest and

    Laura Bonner RE/MAX At The Crossing

    Section Image
  • 6348 Kingsley Dr, Indianapolis, IN 46220

    $315,000

    • 3 Beds
    • 2 Baths
    • 1,676 Sq Ft
    • 6348 Kingsley Dr
    • Indianapolis, IN

    Fantastic location as this home is a very short walk from Broad Ripple Park and located in the Washington Township School District! The home has 3 bedrooms and 2 bathrooms, and features hardwood floors on the main level, a large eat-in kitchen with quartz counters and all stainless-steel appliances, and a 2nd level primary bedroom area that has a sizable bathroom including double sinks, jetted

    William Griffin CPR Real Estate, LLC

    Section Image
  • 2314 E 58th St, Indianapolis, IN 46220

    $289,900

    • 4 Beds
    • 2 Baths
    • 1,984 Sq Ft
    • 2314 E 58th St
    • Indianapolis, IN

    This beautifully updated 3-bedroom, 2-bath ranch in the heart of Broad Ripple offers 2,268 square feet of modern living space, complete with fresh paint and flooring throughout. The kitchen features elegant quartz countertops and comes fully equipped with a refrigerator, dishwasher, electric range, and vent hood. A partially finished basement adds versatile space, perfect for a growing family or

    James Abner eXp Realty, LLC

    Section Image
  • 5704 Norwaldo Ave, Indianapolis, IN 46220

    $325,000

    • 2 Beds
    • 1 Bath
    • 1,613 Sq Ft
    • 5704 Norwaldo Ave
    • Indianapolis, IN

    This Broad Ripple bungalow checks the boxes-updated, open, and walkable to everything you love about the neighborhood. Inside, you'll find 2 bedrooms, a completely remodeled full bath, and an open layout that flows effortlessly from the living room to dining to the beautifully renovated kitchen. Think: quartz countertops, stainless appliances, and a large island that doubles as the perfect

    Paula Smith Smith Family Realty

    Section Image

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 -- None Listed On Document
Warranty Deed $285,000 Schmitz David A
Warranty Deed -- None Available
Deed $169,000 --
Deed $169,000 Chicago Title Co Llc
Deed $295,000 --
Warranty Deed -- Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $230,500 New Conventional
Previous Owner $256,500 New Conventional
Previous Owner $150,000 New Conventional
Previous Owner $148,000 New Conventional
Previous Owner $160,550 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Sold $308,000 +1.0% $298 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
04/11/2025 04/11/25 Price Changed $305,000 -3.1% $296 / Sq Ft
03/27/2025 03/27/25 For Sale $314,900 +10.5% $305 / Sq Ft
06/17/2022 06/17/22 Sold $285,000 +9.7% $138 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $259,900 +40.5% $126 / Sq Ft
03/06/2019 03/06/19 Sold $185,000 -2.6% $90 / Sq Ft
01/12/2019 01/12/19 Pending -- -- --
09/18/2018 09/18/18 For Sale $189,900 +12.4% $92 / Sq Ft
04/06/2017 04/06/17 Sold $169,000 0.0% $82 / Sq Ft
03/02/2017 03/02/17 Off Market $169,000 -- --
02/16/2017 02/16/17 For Sale $179,900 +111.6% $87 / Sq Ft
10/28/2016 10/28/16 Sold $85,000 -26.1% $41 / Sq Ft
10/13/2016 10/13/16 Pending -- -- --
09/29/2016 09/29/16 For Sale $115,000 +35.3% $56 / Sq Ft
08/22/2016 08/22/16 Off Market $85,000 -- --
08/15/2016 08/15/16 For Sale $115,000 0.0% $56 / Sq Ft
08/05/2016 08/05/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $115,000 -- $56 / 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 $3,537 $279,000 $48,600 $230,400
2023 $3,537 $277,200 $48,600 $228,600
2022 $2,945 $312,600 $48,600 $264,000
2021 $2,712 $200,900 $36,300 $164,600
2020 $1,895 $158,300 $36,300 $122,000
2019 $1,728 $155,100 $36,300 $118,800
2018 $1,713 $151,900 $36,300 $115,600
2017 $1,015 $106,800 $36,300 $70,500
2016 $2,360 $107,600 $36,300 $71,300
2014 $2,043 $99,100 $36,300 $62,800
2013 $2,061 $99,100 $36,300 $62,800
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: 22029329

MIBOR Broker Listing Cooperative®

APN: 49-03-23-126-001.000-800