NOT LISTED FOR SALE

Estimated Value: $66,000 - $98,000

2 Beds
1 Bath
966 Sq Ft
$89/Sq Ft Est. Value

Last Sold October 25, 2018

Last sale price $33,000 $34 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $579/month

13 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Combination Kitchen and Dining Room

About This Home

As of October 2018

There is lots of opportunity here! This home would make a great investment property for a rental, a possible flip, or a place to call your own. In the middle of renovation and the hard work is complete! All the painting is done with the exception of one wall. The main bathroom has been remodeled. This home needs flooring kitchen cabinets and appliances. Please note the property next-door at 6446 is on the market also.

Last Agent to Sell the Property

Phyllis Mitchell (Joan)

Wall and Associates Listed on: 10/08/2018

Last Buyer's Agent

Derrick Johnson

Ladd Realty, LLC

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $114

Year Built

  • Built in 1973

Lot Details

  • 523

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Window Screens
  • Combination Kitchen and Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • Association fees include home owners, insurance, ground maintenance, management
  • Falenders Meadow Lane Subdivision
  • Property managed by Gemini

Listing and Financial Details

  • Assessor Parcel Number 490523125036000901

Property Details

Home Type

Co-Op

Est. Annual Taxes

$114

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Two Story
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1973
  • Garage Y N: Yes
  • Subdivision Name: FALENDERS MEADOW LANE
  • Inspection Warranties: Not Applicable
  • Property Description: There is lots of opportunity here! This home would make a great investment property for a rental, a possible flip, or a place to call your own. In the middle of renovation and the hard work is complete! All the painting is done with the exception of one wall. The main bathroom has been remodeled. This home needs flooring kitchen cabinets and appliances. Please note the property next-door at 6446 is on the market also.
  • Transaction Type: Sale
  • Floor Number: 1
  • Lifestyles: Other/See Remarks
  • Unit Entry Level: 1
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: Two
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Screens Some
  • Living Area: 966
  • Other Equipment: Network Ready
  • Room Count: 5
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 966
  • Main Level Sq Ft: 483
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 966
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 483
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Slab
  • List Price: 37500
  • Association Maintained Building Exterior: 1

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Gas
  • Garage Parking Description: Detached
  • Garage Parking Other: Garage Door Opener

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: Gemini
  • Management Company Phone: 317-293-0332
  • Condo Description Location: Building Private Entry,Lower Level
  • Condo Type: Co-op

Fee Information

  • Association Fee Includes: Association Home Owners, Insurance, Maintenance Grounds, Management
  • Mandatory Fee: 113

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490523125036000901
  • Acres: CndHPRCoop
  • Lot Information: Corner
  • Lot Number: 43
  • Lot Size: 505

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 114
  • Semi Annual Property Tax Amt: 57
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2018
Closed on
Oct 26, 2018
Sold by
Brad Bellows
Bought by
Ka Donkor Ben
Seller's Agent
Phyllis Mitchell (Joan)
Wall and Associates
Buyer's Agent
Derrick Johnson
Ladd Realty, LLC
List Price
$137,500
Sold Price
$33,000
Premium/Discount to List
-$104,500
-76%
Current Estimated Value
$86,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,216
Avg. Annual Appreciation
15.24%
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
Ka Donkor Ben $33,000 --
Donkor Ben K A $33,000 Title Solutions Plus Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bellows Brad $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2018 10/25/18 Sold $33,000 -12.0% $34 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
10/08/2018 10/08/18 Price Changed $37,500 -72.7% $39 / Sq Ft
10/08/2018 10/08/18 For Sale $137,500 -- $142 / 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 $1,436 $71,700 $4,100 $67,600
2023 $1,436 $58,400 $4,100 $54,300
2022 $1,275 $51,900 $4,100 $47,800
2021 $926 $38,000 $4,100 $33,900
2020 $903 $36,900 $4,100 $32,800
2019 $853 $34,100 $4,100 $30,000
2018 $178 $28,200 $4,100 $24,100
2017 $160 $28,100 $4,100 $24,000
2016 $172 $31,000 $4,100 $26,900
2014 $165 $34,400 $4,100 $30,300
2013 $166 $34,400 $4,100 $30,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21600001

MIBOR Broker Listing Cooperative®

APN: 49-05-23-125-036.000-901