NOT LISTED FOR SALE

Estimated Value: $395,000 - $414,000

3 Beds
1.5 Baths
2,448 Sq Ft
$165/Sq Ft Est. Value

Last Sold June 19, 2015

Last sale price $185,000 $76 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $2,412/month

137 Days on Market

Highlights

  • Built-in Bookshelves
  • Walk-In Closet
  • Fireplace in Basement
  • Woodwork
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of June 2015

INVESTMENT OPPORTUNITY. LONG-TERM TENANT IN PLACE. Can't beat the location of this charming, updated Forest Hills home! Close to Broad Ripple, the Monon Trail, and Glendale. Bright Sunroom, updated Kitchen w/stainless steel appliances, formal Dining Room, Living Room w/fireplace, and open foyer highlight the main level. 3 bedrooms, recently remodeled full bath, bright newer windows, plus beautiful hardwoods! Basement newly painted; new HVAC system installed in late 2011.

Last Agent to Sell the Property

Daniel Baldini

Polaris Real Estate Group, INC License #RB14027484 Listed on: 12/29/2014

Last Buyer's Agent

Jamie Willis

Compass Indiana, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,322

Year Built

  • Built in 1926

Lot Details

  • 6,534

Home Design

  • Block Foundation
  • Stucco

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Woodwork
  • Living Room with Fireplace
  • Unfinished Basement
  • Fireplace in Basement
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Driveway

Utilities

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

Additional Features

  • Patio
  • 6,534 Sq Ft Lot

Community Details

  • Forest Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490601141243000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,322

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1926
  • Garage Y N: Yes
  • Lot Size Acres: 0.15
  • Subdivision Name: FOREST HILLS
  • Inspection Warranties: General
  • Property Description: INVESTMENT OPPORTUNITY. LONG-TERM TENANT IN PLACE. Can't beat the location of this charming, updated Forest Hills home! Close to Broad Ripple, the Monon Trail, and Glendale. Bright Sunroom, updated Kitchen w/stainless steel appliances, formal Dining Room, Living Room w/fireplace, and open foyer highlight the main level. 3 bedrooms, recently remodeled full bath, bright newer windows, plus beautiful hardwoods! Basement newly painted; new HVAC system installed in late 2011.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Dishwasher, Dryer, Disposal, MicroHood, Electric Oven, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Basement, Living Room
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Walk-in Closet(s), WoodWorkStain/Painted
  • Living Area: 2448
  • Other Equipment: Smoke Detector
  • Room Count: 7
  • Areas Interior: Foyer Large,Living Room Formal,Laundry in Basement
  • Eating Area: Formal Dining Room,Kitchen Updated
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1680
  • Main Level Sq Ft: 876
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in
  • Total Sq Ft: 2448
  • Below Grade Sq Ft: 768
  • Upper Level Sq Ft: 804
  • Pct Optional Level Finished: 0-25%
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Stucco
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt
  • Foundation Details: Block
  • List Price: 189900
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • 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: 490601141243000801
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Tree Mature
  • Lot Number: 7
  • Lot Size: .15

Tax Info

  • Tax Annual Amount: 2322
  • Semi Annual Property Tax Amt: 1161
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2014
Closed on
Jun 19, 2015
Sold by
Schramm David B
Bought by
Allen Jeannie B
Seller's Agent
Daniel Baldini
Polaris Real Estate Group, INC
Buyer's Agent
Jamie Willis
Compass Indiana, LLC
List Price
$197,000
Sold Price
$185,000
Premium/Discount to List
-$12,000
-6.09%
Current Estimated Value
$403,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,048
Avg. Annual Appreciation
7.84%

Purchase Details

Closed on
Mar 7, 2007
Sold by
Michels Susan E
Bought by
Schramm David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.4%
Mortgage Type
New Conventional
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
Allen Jeannie B -- None Available
Schramm David B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schramm David B $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2015 06/19/15 Sold $185,000 -2.6% $76 / Sq Ft
05/16/2015 05/16/15 Pending -- -- --
02/02/2015 02/02/15 Price Changed $189,900 -3.6% $78 / Sq Ft
12/29/2014 12/29/14 For Sale $197,000 -- $80 / 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 $3,580 $283,600 $66,100 $217,500
2023 $3,580 $292,700 $66,100 $226,600
2022 $2,938 $292,700 $66,100 $226,600
2021 $2,531 $210,000 $44,800 $165,200
2020 $2,504 $207,200 $44,800 $162,400
2019 $2,549 $207,200 $44,800 $162,400
2018 $2,530 $204,000 $44,800 $159,200
2017 $2,195 $198,000 $44,800 $153,200
2016 $4,345 $204,800 $44,800 $160,000
2014 $2,471 $228,900 $44,800 $184,100
2013 -- $223,600 $44,800 $178,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21329683

MIBOR Broker Listing Cooperative®

APN: 49-06-01-141-243.000-801