NOT LISTED FOR SALE

7055 N Park Ave Indianapolis, IN 46220

Arden Neighborhood

Estimated Value: $471,496 - $548,000

2 Beds
2 Baths
2,589 Sq Ft
$196/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $232,500 $90 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $3,142/month

57 Days on Market

Highlights

  • Mature Trees
  • Thermal Windows
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • Storm Windows
  • Humidifier

About This Home

As of October 2014

Mid Century modern brick ranch in fantastic Arden Neighborhood walking distance to Broad Ripple Village, Park Tudor and Marott Park. Spacious floorplan w/LR that has wood burning FP and built-ins. Master being used as nursery bc of full bath. Kitchen has great feel due to tons of windows looking out to covered & open patio & fenced in rear yard. Low maint laminate flooring throughout & basement is finishable. New Pella windows and Ext/Int paint in 2013. Very good curb appeal.

Last Agent to Sell the Property

Terry Rankin

CENTURY 21 Scheetz License #RB14041565 Listed on: 07/25/2014

CENTURY 21 Scheetz

Last Buyer's Agent

David Zeyen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,578

Year Built

  • Built in 1958

Lot Details

  • 9,583 Sq Ft Lot
  • Back Yard Fenced
  • Mature Trees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,589 Sq Ft Home
  • Thermal Windows
  • Window Screens
  • Living Room with Fireplace
  • Attic Access Panel

Kitchen

  • Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Crawl Space
  • Basement Lookout

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Electric Air Filter
  • Humidifier
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Arden Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490335104299000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,578

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1958
  • Garage Y N: Yes
  • Lot Size Acres: 0.22
  • Subdivision Name: ARDEN
  • Inspection Warranties: Not Applicable
  • Property Description: Mid Century modern brick ranch in fantastic Arden Neighborhood walking distance to Broad Ripple Village, Park Tudor and Marott Park. Spacious floorplan w/LR that has wood burning FP and built-ins. Master being used as nursery bc of full bath. Kitchen has great feel due to tons of windows looking out to covered & open patio & fenced in rear yard. Low maint laminate flooring throughout & basement is finishable. New Pella windows and Ext/Int paint in 2013. Very good curb appeal.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Daylight/Lookout Windows
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Disposal, MicroHood, Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Screens Some, Storms Some, Windows Thermal
  • Living Area: 2589
  • Other Equipment: Smoke Detector, Water-Softener Rented
  • Room Count: 6
  • Areas Interior: Bath Sinks Dbl Main,Laundry in Basement,Bedroom Other on Main
  • Eating Area: Eat In Kitchen,Formal Dining Room,Kitchen Some Updates
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1726
  • Main Level Sq Ft: 1726
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Shower Stall Full,Main Level
  • Total Sq Ft: 2589
  • Below Grade Sq Ft: 863
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: Daylight Window Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt, Fence Full Rear
  • Foundation Details: Block, Crawl Space
  • List Price: 240000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Patio,Open Patio

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Attached
  • Garage Parking Other: Finished Garage,Garage Door Opener,Service Door

Utilities

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

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490335104299000801
  • Acres: <1/4 Acre
  • Lot Information: Tree Mature
  • Lot Number: pt51&52
  • Lot Size: 80X125

Tax Info

  • Tax Annual Amount: 2578
  • Semi Annual Property Tax Amt: 1289
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Washington Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2014
Closed on
Oct 17, 2014
Sold by
Mcclure Jason and Mcclure Jennah
Bought by
Balderson Betty L and Jones Michelle K
Seller's Agent
Terry Rankin
CENTURY 21 Scheetz
Buyer's Agent
David Zeyen
List Price
$275,000
Sold Price
$232,500
Premium/Discount to List
-$42,500
-15.45%
Current Estimated Value
$506,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,374
Avg. Annual Appreciation
7.31%

Purchase Details

Closed on
Aug 31, 2012
Sold by
Lukenbill Helen M
Bought by
Mcclure Jason and Mcclure Jennah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,830
Interest Rate
3.56%
Mortgage Type
FHA
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
Balderson Betty L -- None Available
Mcclure Jason -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcclure Jason $171,830
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2014 10/31/14 Sold $232,500 -3.1% $90 / Sq Ft
09/19/2014 09/19/14 Price Changed $240,000 -4.0% $93 / Sq Ft
08/21/2014 08/21/14 Price Changed $250,000 -3.8% $97 / Sq Ft
08/15/2014 08/15/14 Price Changed $260,000 -3.7% $100 / Sq Ft
08/15/2014 08/15/14 Price Changed $270,000 -1.8% $104 / Sq Ft
07/25/2014 07/25/14 For Sale $275,000 -- $106 / 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 $4,821 $400,100 $34,500 $365,600
2023 $4,821 $392,700 $34,500 $358,200
2022 $4,214 $392,700 $34,500 $358,200
2021 $3,713 $307,100 $34,500 $272,600
2020 $3,542 $291,900 $34,500 $257,400
2019 $3,496 $282,600 $34,500 $248,100
2018 $3,526 $282,600 $34,500 $248,100
2017 $3,092 $279,700 $34,500 $245,200
2016 $2,995 $277,400 $34,500 $242,900
2014 $3,184 $293,700 $34,500 $259,200
2013 $2,577 $248,000 $34,500 $213,500
Source: Public Records

Agents Affiliated with this Home

  • Terry Rankin

    Seller's Agent in 2014

    Terry Rankin

    CENTURY 21 Scheetz

    (317) 507-4250

    47 Total Sales

    Terry Rankin
    Section Image

  • D

    Buyer's Agent in 2014

    David Zeyen

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21306134

MIBOR Broker Listing Cooperative®

APN: 49-03-35-104-299.000-801

Indiana Marion County Indianapolis 46220 Arden

7055 N Park Ave, Indianapolis, IN

This home is located at 7055 N Park Ave, Indianapolis, IN 46220 since 25 July 2014 and is currently estimated at $506,874, approximately $195 per square foot. This property was built in 1958. 7055 N Park Ave is a home located in Marion County with nearby schools including James Whitcomb Riley School 43, Arsenal Technical High School, and George Washington Community High School No. 721.

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