NOT LISTED FOR SALE

700 Lawrence Ave Indianapolis, IN 46227

North Perry Neighborhood

Estimated Value: $222,000 - $244,000

2 Beds
-- Bath
672 Sq Ft
$343/Sq Ft Est. Value

Last Sold July 22, 2021

Last sale price $175,000 $260 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,728/month

12 Days on Market

About This Home

As of July 2021

Bungalow duplex! All stowed on a larger corner lot. Both sides with private entrances. Garage parking and drives both sides. Galley kitchen on East unit with vintage details. Both sides have basement storage and laundry room (702 E kitchen, breakfast nook, living room, bedroom). (700 West unit - kitchen, open area, living room, bedroom) 2 car garage - 1 for each unit. Roof approx 2014. Basement glass block windows. Corner windows cool. Built by a family member in 1940.

Last Agent to Sell the Property

Rita Hicks

Berkshire Hathaway Home Listed on: 06/11/2021

Berkshire Hathaway Home

Co-Listed By

Dean Hicks

Berkshire Hathaway Home License #RB14014306

Last Buyer's Agent

R. Michelle Lockhart

Highgarden Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,534

Year Built

  • Built in 1940

Lot Details

  • 0.33 Acre Lot

Home Design

  • Ranch Style House
  • Stone

Community Details

  • Homedell Subdivision

Listing and Financial Details

  • Tenant pays for insurance, all utilities
  • The owner pays for taxes
  • Assessor Parcel Number 491136120019000574

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,534

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1940
  • Co List Office Phone: 317-881-7900
  • Lot Size Acres: 0.33
  • Structure Type: Duplex
  • Subdivision Name: HOMEDELL
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Basement
  • Owner Pays: Taxes
  • Sq Ft Main Upper: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Stone
  • Disclosures: Not Applicable
  • List Price: 180000

Garage/Parking

  • Unit Parking: 1 Car Garage

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 491136120019000574
  • Acres: 1/4-1/2 Acre
  • Lot Information: Access Street
  • Lot Number: 700
  • Lot Size: 93x152

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Insurance, All Utilities

Multi Family

  • Net Operating Income: 9650
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2534
  • Semi Annual Property Tax Amt: 1267
  • Tax Exemption: None

MLS Schools

  • School District: Perry Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Jul 22, 2021
Sold by
Maxwell Margaret M
Bought by
Hall Of Farmers Realty Group Llc
Seller's Agent
Rita Hicks
Berkshire Hathaway Home
Buyer's Agent
R. Michelle Lockhart
Highgarden Real Estate
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%
Current Estimated Value
$230,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,824
Avg. Annual Appreciation
7.06%
Original Mortgage
$140,000
Outstanding Balance
$127,764
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$103,060

Purchase Details

Closed on
Jun 29, 2020
Sold by
Maxwell Margaret M and John J Maxwell Trust
Bought by
Maxwell Margaret M and John J Maxwell Trust
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
Hall Of Farmers Realty Group Llc -- None Available
Maxwell Margaret M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Realty Group Llc $140,000
Closed Hall Of Farmers Realty Group Llc $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2021 07/22/21 Sold $175,000 -2.8% $260 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $180,000 -- $268 / 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 $5,570 $222,500 $20,300 $202,200
2023 $5,570 $212,900 $20,300 $192,600
2022 $5,008 $189,800 $20,300 $169,500
2021 $2,536 $91,900 $20,300 $71,600
2020 $2,534 $91,400 $20,300 $71,100
2019 $2,281 $81,300 $16,900 $64,400
2018 $2,118 $76,000 $16,900 $59,100
2017 $2,172 $78,100 $16,900 $61,200
2016 $2,436 $88,200 $16,900 $71,300
2014 $2,403 $99,100 $16,900 $82,200
2013 $2,410 $99,100 $16,900 $82,200
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Rita Hicks

    Berkshire Hathaway Home

    Section Image
  • Dean Hicks

    Seller Co-Listing Agent in 2021

    Dean Hicks

    Berkshire Hathaway Home

    (317) 626-8833

    4 in this area

    98 Total Sales

    Section Image

  • R

    Buyer's Agent in 2021

    R. Michelle Lockhart

    Highgarden Real Estate

  • Michelle Lockhart

    Buyer's Agent in 2021

    Michelle Lockhart

    Highgarden Real Estate

    (317) 379-9243

    1 in this area

    70 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21791271

MIBOR Broker Listing Cooperative®

APN: 49-11-36-120-019.000-574

Indiana Marion County Indianapolis 46227 North Perry

700 Lawrence Ave, Indianapolis, IN

This home is located at 700 Lawrence Ave, Indianapolis, IN 46227 since 11 June 2021 and is currently estimated at $230,824, approximately $343 per square foot. This property was built in 1940. 700 Lawrence Ave is a home located in Marion County with nearby schools including Abraham Lincoln Elementary School, Perry Meridian 6th Grade Academy, and Perry Meridian 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.

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