NOT LISTED FOR SALE

720 S Drexel Ave Indianapolis, IN 46203

Christian Park Neighborhood

Estimated Value: $149,000 - $184,000

3 Beds
2 Baths
1,349 Sq Ft
$120/Sq Ft Est. Value

Last Sold February 23, 2022

Last sale price $121,000 $90 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $945/month

3 Days on Market

About This Home

As of February 2022

This home features a large living room, 3 separated bedrooms, 2 full baths, it has a 2 car detached garage, fenced yard, wooden deck, covered front porch on a Dead End Rd. Would make a great starter or investment property

Last Agent to Sell the Property

Victoria Shumaker

Keller Williams Indy Metro S Listed on: 01/12/2022

Keller Williams Indy Metro S

Last Buyer's Agent

Kris Strohmeyer-lett

Fathom Realty

Fathom Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $670

Year Built

  • 1930

Lot Details

  • 8,712

Parking

  • Detached Garage

Interior Spaces

  • Combination Kitchen and Dining Room

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$670

Year Built

1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: 0
  • Architectural Style: TraditonalAmerican
  • Directions: Washington Street to Emerson Avenue. Go south to English and turn right to Drexel. Go south on Drexel to home.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: CHILD BROS & TEACHOUTS ENGLISH AVE ADD
  • Special Features: None
  • Year Built: 1930

Interior Features

  • Appliances: None
  • Fireplace Features: None
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1349
  • Main Level Sq Ft: 1349
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Deck
  • Below Grade Sq Ft: 0
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Screens Some, Windows Vinyl
  • Other Equipment: Smoke Detector
  • Owner Pays: Taxes

Exterior Features

  • Exterior Features: Driveway Asphalt, Fence Full Rear, Fence Privacy
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Multiple Decks,Covered Porch
  • Construction Type: Vinyl Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: Detached
  • Garage Spaces: 2

Utilities

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

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Tree Mature
  • Lot Number: 9
  • Lot Size: 65x137

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Semi Annual Property Tax Amt: 335
  • Tax Exemption: Homestead Tax Exemption Filed Not Reflected,MortgageTaxExemptionFiledNotReflected
  • Tax Annual Amount: 670
  • Tax Year: 2018

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2022
Closed on
Mar 4, 2022
Sold by
Peachey Ricky E
Bought by
Peachey Forest and Mathes Megan
Seller's Agent
Victoria Shumaker
Keller Williams Indy Metro S
Buyer's Agent
Kris Strohmeyer-lett
Fathom Realty
List Price
$115,000
Sold Price
$121,000
Premium/Discount to List
$6,000
5.22%
Current Estimated Value
$162,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,217
Avg. Annual Appreciation
8.32%
Original Mortgage
$108,900
Outstanding Balance
$101,480
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$60,737

Purchase Details

Listed on
Jan 12, 2022
Closed on
Feb 23, 2022
Sold by
Peachey Ricky E
Bought by
Peachey Forest and Mathes Megan
Seller's Agent
Victoria Shumaker
Keller Williams Indy Metro S
Buyer's Agent
Kris Strohmeyer-lett
Fathom Realty
List Price
$115,000
Sold Price
$121,000
Premium/Discount to List
$6,000
5.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,900
Outstanding Balance
$101,480
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$60,737

Purchase Details

Listed on
Jul 9, 2019
Closed on
Oct 2, 2019
Sold by
Mountain Goats Properties Llc
Bought by
Peachey Rickey E
Seller's Agent
Jeremy Miller
Vital Equity Realty, LLC
Buyer's Agent
Rebecca Cline
Northbridge Realty, LLC
List Price
$94,900
Sold Price
$94,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.65%
Original Mortgage
$93,180
Interest Rate
3.65%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 2011
Sold by
Miller Jeremy R
Bought by
Miller Jenelle S

Purchase Details

Closed on
Apr 3, 2005
Sold by
Perkins Dana E and Perkins Jason C
Bought by
Miller Jaiemy
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
Peachey Forest -- Webster & Garino Llc
Peachey Forest $121,000 Webster & Garino Llc
Peachey Rickey E $94,900 Hamilton National Title
Miller Jenelle S -- None Available
Miller Jaiemy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peachey Forest $108,900
Closed Peachey Forest $108,900
Previous Owner Peachey Rickey E $93,180
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2022 02/23/22 Sold $121,000 +5.2% $90 / Sq Ft
01/15/2022 01/15/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $115,000 +21.2% $85 / Sq Ft
10/02/2019 10/02/19 Sold $94,900 0.0% $70 / Sq Ft View Prior Sale
09/08/2019 09/08/19 Pending -- -- --
08/24/2019 08/24/19 For Sale $94,900 0.0% $70 / Sq Ft
07/11/2019 07/11/19 Pending -- -- --
07/09/2019 07/09/19 For Sale $94,900 -- $70 / 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 $1,131 $112,800 $13,200 $99,600
2023 $1,131 $109,700 $13,200 $96,500
2022 $1,189 $109,700 $13,200 $96,500
2021 $2,061 $84,200 $13,200 $71,000
2020 $1,744 $70,300 $5,100 $65,200
2019 $946 $35,300 $5,100 $30,200
2018 $839 $30,600 $5,100 $25,500
2017 $663 $26,200 $5,100 $21,100
2016 $648 $26,200 $5,100 $21,100
2014 $612 $28,300 $5,100 $23,200
2013 $703 $33,800 $5,100 $28,700
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2022

    Victoria Shumaker

    Keller Williams Indy Metro S

    Section Image

  • K

    Buyer's Agent in 2022

    Kris Strohmeyer-lett

    Fathom Realty

    Section Image
  • Jeremy Miller

    Seller's Agent in 2019

    Jeremy Miller

    Vital Equity Realty, LLC

    (317) 362-7005

    11 Total Sales

    Jeremy Miller
    Section Image

  • R

    Buyer's Agent in 2019

    Rebecca Cline

    Northbridge Realty, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21833364

MIBOR Broker Listing Cooperative®

APN: 49-10-09-143-024.000-101

Indiana Marion County Indianapolis 46203 Christian Park

720 S Drexel Ave, Indianapolis, IN

This home is located at 720 S Drexel Ave, Indianapolis, IN 46203 since 12 January 2022 and is currently estimated at $162,217, approximately $120 per square foot. This property was built in 1930. 720 S Drexel Ave is a home located in Marion County with nearby schools including Ralph Waldo Emerson School 58, Eleanor Skillen School No. 34, and Christian Park School 82.

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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