NOT LISTED FOR SALE

642 N Somerset Ave Indianapolis, IN 46222

Fairfax Neighborhood

Estimated Value: $116,000 - $158,000

2 Beds
1 Bath
1,080 Sq Ft
$122/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $95,000 $88 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $732/month

25 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Multiple Phone Lines
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Satellite Dish

About This Home

As of August 2021

Cute 2 Bedroom home that's been well cared for. New windows and fully fenced in for those puppies and kids to run and play safely.

Last Agent to Sell the Property

Christie Parker

Dropped Members License #RB14044479 Listed on: 06/18/2021

Dropped Members

Last Buyer's Agent

Amanda Allaby

@properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $132

Year Built

  • Built in 1942

Lot Details

  • 4,530 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Attic Access Panel
  • Gas Oven
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

  • Monitored
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Multiple Phone Lines
  • Satellite Dish

Community Details

  • Fairfax Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491105117267000901

Home Details

Home Type

Single Family

Est. Annual Taxes

$132

Year Built

Built in 1942

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1942
  • Building Area Total: 1080
  • Garage Y N: Yes
  • Lot Size Acres: 0.104
  • Subdivision Name: FAIRFAX
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Gas Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access
  • Other Equipment: Multiple Phone Lines, Satellite Dish Paid, Security Alarm Monitored, Smoke Detector
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 720
  • Main Level Sq Ft: 720
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Below Grade Sq Ft: 360
  • Pct Optional Level Finished: 0-25%

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Gas
  • Garage Parking Description: Detached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491105117267000901
  • Acres: <1/4 Acre
  • Lot Number: 305
  • Lot Size: 4,530

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 132
  • Semi Annual Property Tax Amt: 66
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Aug 18, 2021
Sold by
Mascoe Linda
Bought by
Lopez Miguel
Seller's Agent
Christie Parker
Dropped Members
Buyer's Agent
Amanda Allaby
@properties
List Price
$105,000
Sold Price
$95,000
Premium/Discount to List
-$10,000
-9.52%
Current Estimated Value
$131,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,221
Avg. Annual Appreciation
7.99%
Original Mortgage
$90,250
Interest Rate
2.8%
Mortgage Type
New Conventional
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
Lopez Miguel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Miguel $90,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2021 08/18/21 Sold $95,000 -9.5% $88 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $105,000 -- $97 / 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 $508 $69,800 $2,900 $66,900
2023 $508 $67,700 $2,900 $64,800
2022 $521 $64,200 $2,900 $61,300
2021 $67 $42,800 $2,900 $39,900
2020 $66 $34,900 $2,900 $32,000
2019 $64 $32,300 $2,900 $29,400
2018 $63 $31,000 $2,900 $28,100
2017 $62 $30,800 $2,900 $27,900
2016 $61 $35,400 $2,900 $32,500
2014 $59 $36,300 $2,900 $33,400
2013 $59 $34,100 $2,900 $31,200
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Christie Parker

    Dropped Members

    Section Image

  • A

    Buyer's Agent in 2021

    Amanda Allaby

    @properties

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21793797

MIBOR Broker Listing Cooperative®

APN: 49-11-05-117-267.000-901

Indiana Marion County Indianapolis 46222 Fairfax

642 N Somerset Ave, Indianapolis, IN

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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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