NOT LISTED FOR SALE

6584 Fairway Ave Indianapolis, IN 46250

Castleton Neighborhood

Estimated Value: $302,802 - $343,000

-- Bed
2 Baths
1,360 Sq Ft
$242/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $260,000 $191 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,320/month

8 Days on Market

About This Home

As of January 2022

Both sides identical-6580 Fairway Ave tenant occupied-6584 Fairway Ave owner occupied-Home is functional but dated-all most mechanicals & improvements in home original except roof shingles replaced-Most likely new owner would do major cleanup and or improvements including exterior trim painting, window upgrade, floor coverings, bathroom, kitchen, mechanical and appliances improvements or upgrades-Room sizes as follows: Living Rm 17x13 main, Kitchen 22x11 main, Laundry 6x3 main, Master Bedroom 15x12 up, Bedroom #2 11x10 up, Bedroom #3 11x10 up-Gas heat, gas water heater, ranger oven electric, rear patio 10x10-Beautiful rear yard backs up to wooded area SAHM GOLF COURSE-Private yard, great location. There is no Home Owners Association!

Last Agent to Sell the Property

Steve Rossman

ALL PRO, REALTORS LLC License #RB14004081 Listed on: 10/22/2021

Last Buyer's Agent

Ben Li

Mid America Realty License #RB14026437

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,930

Year Built

  • 1989

Lot Details

  • Mature Trees

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,930

Year Built

1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Residential Units - 1 to 4
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Architectural Style: TraditonalAmerican
  • Directions: Take Masters Rd south of 96th St to Fairway
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Duplex
  • Subdivision Name: FAIRWAY VILLAGE
  • Special Features: None
  • Year Built: 1989

Interior Features

  • Sq Ft Main Upper: 0
  • Laundry: Connections All
  • Owner Pays: Lawncare, Taxes

Exterior Features

  • Foundation Details: Slab
  • Construction Type: Vinyl Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: 1 Car Garage

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 0

Lot Info

  • Acres: 1/4-1/2 Acre
  • Lot Information: Tree Mature
  • Lot Number: 14
  • Lot Size: 12,197

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas

Tax Info

  • Semi Annual Property Tax Amt: 1465
  • Tax Exemption: None
  • Tax Annual Amount: 2930
  • Tax Year: 2020

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School District: Lawrence Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Jan 4, 2022
Sold by
John Ioannou
Bought by
Zheng Jian Feng
Seller's Agent
Steve Rossman
ALL PRO, REALTORS LLC
Buyer's Agent
Ben Li
Mid America Realty
List Price
$279,900
Sold Price
$260,000
Premium/Discount to List
-$19,900
-7.11%
Current Estimated Value
$329,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,267
Avg. Annual Appreciation
5.09%
Original Mortgage
$195,000
Outstanding Balance
$181,542
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$130,117

Purchase Details

Listed on
Oct 22, 2021
Closed on
Dec 27, 2021
Sold by
John Ioannou
Bought by
Zheng Jian Feng
Seller's Agent
Steve Rossman
ALL PRO, REALTORS LLC
Buyer's Agent
Ben Li
Mid America Realty
List Price
$279,900
Sold Price
$260,000
Premium/Discount to List
-$19,900
-7.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Outstanding Balance
$181,542
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$130,117

Purchase Details

Closed on
May 31, 2012
Sold by
Ioannou Amaryllis
Bought by
Ioannou John

Purchase Details

Closed on
Feb 4, 2008
Sold by
First Horizon Home Loans
Bought by
Ioannou John and Ioannou Amaryllis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2007
Sold by
Branders Donald and Branders Terri
Bought by
First Horizon Home Loans
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
Zheng Jian Feng $259,350 Warner Timothy R
Zheng Jian Feng $260,000 Warner Timothy R
Ioannou John -- None Available
Ioannou John -- Statewide Title Company Inc
First Horizon Home Loans $154,703 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Jian Feng $195,000
Closed Zheng Jian Feng $195,000
Previous Owner Ioannou John $100,000
Previous Owner Brandes Donald $133,600
Previous Owner Brandes Donald $33,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $260,000 -7.1% $191 / Sq Ft
10/30/2021 10/30/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $279,900 -- $206 / 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 $6,482 $290,900 $35,300 $255,600
2023 $6,482 $290,900 $35,300 $255,600
2022 $4,267 $268,700 $35,300 $233,400
2021 $3,042 $189,900 $27,300 $162,600
2020 $3,078 $189,900 $27,300 $162,600
2019 $3,119 $209,300 $27,300 $182,000
2018 $3,880 $186,900 $27,300 $159,600
2017 $3,477 $166,900 $27,300 $139,600
2016 $3,238 $155,100 $27,300 $127,800
2014 $3,074 $153,700 $27,300 $126,400
2013 $3,132 $137,300 $27,300 $110,000
Source: Public Records

Agents Affiliated with this Home

  • Steve Rossman

    Seller's Agent in 2022

    Steve Rossman

    ALL PRO, REALTORS LLC

    (317) 889-9400

    1 in this area

    43 Total Sales

    Steve Rossman
    Section Image
  • Ben Li

    Buyer's Agent in 2022

    Ben Li

    Mid America Realty

    (317) 502-0443

    6 in this area

    41 Total Sales

    Ben Li
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21820841

MIBOR Broker Listing Cooperative®

APN: 49-02-22-113-012.000-400

Indiana Marion County Indianapolis 46250 Castleton

6584 Fairway Ave, Indianapolis, IN

This home is located at 6584 Fairway Ave, Indianapolis, IN 46250 since 22 October 2021 and is currently estimated at $329,267, approximately $242 per square foot. This property was built in 1989. 6584 Fairway Ave is a home located in Marion County with nearby schools including Mary Evelyn Castle Elementary School, Fall Creek Valley Middle School, and Lawrence North High 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.

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