NOT LISTED FOR SALE

6501 Madison Ave Indianapolis, IN 46227

Estimated Value: $317,000 - $366,545

3 Beds
3 Baths
4,704 Sq Ft
$73/Sq Ft Est. Value

Last Sold July 08, 2021

Last sale price $261,000 $55 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,253/month

20 Days on Market

Highlights

  • In Ground Pool
  • Wood Frame Window
  • Woodwork
  • Ranch Style House
  • 2 Car Attached Garage
  • Patio

About This Home

As of July 2021

Large ranch in Homecroft full of possibilities with a full basement. This quality built home is owned by the second owner that purchased from the original builder that built it for himself. The main level includes three bedrooms, two full baths, spacious living room with wood burning fireplace and a large formal dining room. The full basement includes a large family room, several bonus room and a third full bath. Huge amounts of built in storage. Owner says there are hardwood floors under the carpet in the bedrooms. Pool is made of gunite, 34x18 and ten feet deep.

Last Agent to Sell the Property

Mike Cagle

F.C. Tucker Company License #RB14016397 Listed on: 05/14/2021

F.C. Tucker Company

Last Buyer's Agent

Ray Stuck

HomeXpert, Ray Stuck & Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,626

Year Built

  • Built in 1950

Lot Details

  • 0.62 Acre Lot
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Block Foundation
  • Stone

Interior Spaces

  • 4,704 Sq Ft Home
  • Woodwork
  • Gas Log Fireplace
  • Wood Frame Window
  • Living Room with Fireplace
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Free-Standing Freezer

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Lookout

Outdoor Features

  • In Ground Pool
  • Patio
  • Shed

Utilities

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

Community Details

  • Homecroft Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491507143001000523

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,626

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1950
  • Building Area Total: 4704
  • Garage Y N: Yes
  • Lot Size Acres: 0.62
  • Subdivision Name: HOMECROFT
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Accessibility Features YN: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full, Unfinished, Daylight/Lookout Windows
  • Appliances: Dryer, Electric Oven, Refrigerator, Free-Standing Freezer, Washer
  • Levels: One
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Windows Wood, WoodWorkStain/Painted
  • Other Equipment: Smoke Detector, Water-Softener Owned
  • Areas Interior: Bedroom Other on Main,Foyer Small,Living Room Formal,Laundry in Basement
  • Eating Area: Breakfast Room,Formal Dining Room,Separate Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 2352
  • Main Level Sq Ft: 2352
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Center Island,Pantry
  • Below Grade Sq Ft: 2352
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Stone
  • Disclosures: Not Applicable
  • Exterior Features: Barn Storage, Driveway Concrete, Fence Full Rear, In Ground Pool
  • Foundation Details: Block, Full
  • List Price: 265000
  • Association Maintained Building Exterior: 0
  • Construction Stage: Completed
  • Porch: Open Patio

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage,Side Load Garage,Service Door
  • Garage Sq Ft: 624

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491507143001000523
  • Acres: 1/2-1 Acre
  • Lot Information: Corner,Sidewalks,Tree Mature
  • Lot Number: 127&128
  • Lot Size: 136x200

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 3626
  • Semi Annual Property Tax Amt: 1813
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Perry Township
  • Schools: Southport High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jul 8, 2021
Sold by
Leck William C
Bought by
Oo Win
Seller's Agent
Mike Cagle
F.C. Tucker Company
Buyer's Agent
Ray Stuck
HomeXpert, Ray Stuck & Co.
Sold Price
$261,000
Current Estimated Value
$345,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,636
Avg. Annual Appreciation
7.11%
Original Mortgage
$247,950
Outstanding Balance
$226,148
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$121,347

Purchase Details

Closed on
Mar 12, 2020
Sold by
Leck William C and Leck Joyce K
Bought by
Leck William C
Source: Public Records

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 Buyer Sale Price Title Company
Oo Win -- None Available
Leck William C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oo Win $45,000
Open Oo Win $247,950
Previous Owner Leck William C $134,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2021 07/08/21 Sold $261,000 -5.1% $55 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
05/26/2021 05/26/21 For Sale -- -- --
05/22/2021 05/22/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $275,000 -- $58 / 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 $4,602 $329,800 $57,800 $272,000
2023 $4,602 $337,100 $57,800 $279,300
2022 $4,343 $310,600 $57,800 $252,800
2021 $3,838 $270,200 $57,800 $212,400
2020 $3,626 $254,400 $57,800 $196,600
2019 $2,989 $208,000 $19,900 $188,100
2018 $2,996 $210,800 $19,900 $190,900
2017 $2,887 $203,400 $19,900 $183,500
2016 $2,767 $195,000 $19,900 $175,100
2014 $2,440 $196,800 $19,900 $176,900
2013 $2,505 $205,200 $19,900 $185,300
Source: Public Records

Agents Affiliated with this Home

  • Mike Cagle

    Seller's Agent in 2021

    Mike Cagle

    F.C. Tucker Company

    (317) 432-0676

    1 in this area

    113 Total Sales

    Mike Cagle
    Section Image

  • R

    Buyer's Agent in 2021

    Ray Stuck

    HomeXpert, Ray Stuck & Co.

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21768354

MIBOR Broker Listing Cooperative®

APN: 49-15-07-143-001.000-523

Indiana Marion County Indianapolis 46227

6501 Madison Ave, Indianapolis, IN

This home is located at 6501 Madison Ave, Indianapolis, IN 46227 since 14 May 2021 and is currently estimated at $345,636, approximately $73 per square foot. This property was built in 1950. 6501 Madison Ave is a home located in Marion County with nearby schools including Homecroft Elementary School, Southport 6th Grade Academy, and Southport Middle 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.

Nearby Homes