NOT LISTED FOR SALE

638 N Somerset Ave Indianapolis, IN 46222

Fairfax Neighborhood

Estimated Value: $78,000 - $141,000

2 Beds
1 Bath
2,112 Sq Ft
$55/Sq Ft Est. Value

Last Sold August 16, 2017

Last sale price $33,000 $16 Per Sq Ft

Est. 254% increase in value since last sale

Current estimated payment $795/month

16 Days on Market

Highlights

  • Woodwork
  • 1-Story Property
  • Garage
  • Bungalow
  • Forced Air Heating and Cooling System

About This Home

As of August 2017

Very nice 2 bedroom home with den or nursery. Home does show pride here and has some retro features. Old claw foot tub, vintage kitchen cabinets and original wood doors. Home does have brand new gas furnace as of 1/17, also newer hot water heater and vinyl siding. Fence rear yard. Home is offered as-is at public auction.

Last Agent to Sell the Property

Phil Christy

Christy's of Indiana License #RB14023531 Listed on: 07/24/2017

Last Buyer's Agent

Phil Christy

Cutting Edge Realty and Auctioneer Services

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 4,530 Sq Ft Lot
  • Back Yard Fenced

Parking

  • Garage

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2,112 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Electric Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Laundry in Basement
  • Basement Lookout

Utilities

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

Community Details

  • Fairfax Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491105117261000901

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1920
  • Garage Y N: Yes
  • Lot Size Acres: 0.104
  • Subdivision Name: FAIRFAX
  • Inspection Warranties: Not Applicable
  • Property Description: Very nice 2 bedroom home with den or nursery. Home does show pride here and has some retro features. Old claw foot tub, vintage kitchen cabinets and original wood doors. Home does have brand new gas furnace as of 1/17, also newer hot water heater and vinyl siding. Fence rear yard. Home is offered as-is at public auction.
  • Transaction Type: Sale
  • Website: www.christys.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished, Daylight/Lookout Windows
  • Appliances: Electric Oven
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Interior Amenities: Wood Work Painted
  • Living Area: 2112
  • Other Equipment: Not Applicable
  • Room Count: 7
  • Areas Interior: Laundry in Basement
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1056
  • Main Level Sq Ft: 1056
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Main Level
  • Total Sq Ft: 2112
  • Below Grade Sq Ft: 1056
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Fence Full Rear
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Covered Patio,Glass Enclosed Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Detached
  • Garage Parking Other: Garage Door Opener,Service Door,Storage Area,Workshop

Utilities

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

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491105117261000901
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Storm Sewer,Street Lights
  • Lot Number: 303
  • Lot Size: 4,530

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 960
  • Semi Annual Property Tax Amt: 480
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools
  • Schools: Stephen Foster School 67 Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2019
Sold by
Mcarthur Michael L
Bought by
Mcarthur Rental Service Llc
Current Estimated Value
$116,729

Purchase Details

Listed on
Jul 24, 2017
Closed on
Aug 16, 2017
Bought by
Mcarthur Mary Jane and Mcarthur Michael L
Seller's Agent
Phil Christy
Christy's of Indiana
Buyer's Agent
Phil Christy
Christy's of Indiana
List Price
$1
Sold Price
$33,000
Premium/Discount to List
$32,999
3299900%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.63%

Purchase Details

Closed on
Nov 18, 2014
Sold by
Johnson Charles M and Johnson Laura G
Bought by
Charles Johnson Rental Properties Llc
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
Mcarthur Rental Service Llc -- None Available
Mcarthur Rental Service Llc -- None Available
Mcarthur Mary Jane $33,000 --
Mcarthur Michael L $33,000 Quality Title Insurance
Charles Johnson Rental Properties Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2017 08/16/17 Sold $33,000 +3299900.0% $16 / Sq Ft
08/10/2017 08/10/17 Pending -- -- --
07/24/2017 07/24/17 For Sale $1 -- $0 / 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 $2,211 $93,200 $2,900 $90,300
2023 $2,211 $90,300 $2,900 $87,400
2022 $2,094 $85,800 $2,900 $82,900
2021 $1,368 $56,400 $2,900 $53,500
2020 $1,129 $45,900 $2,900 $43,000
2019 $1,063 $42,300 $2,900 $39,400
2018 $1,030 $40,600 $2,900 $37,700
2017 $911 $40,000 $2,900 $37,100
2016 $1,021 $46,200 $2,900 $43,300
2014 $1,025 $47,400 $2,900 $44,500
2013 $1,131 $44,300 $2,900 $41,400
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Phil Christy

    Christy's of Indiana

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21500939

MIBOR Broker Listing Cooperative®

APN: 49-11-05-117-261.000-901

Indiana Marion County Indianapolis 46222 Fairfax

638 N Somerset Ave, Indianapolis, IN

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