NOT LISTED FOR SALE

7205 Ralston Ave Indianapolis, IN 46240

Ravenswood Neighborhood

Estimated Value: $242,000 - $353,000

2 Beds
1 Bath
804 Sq Ft
$370/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $172,000 $214 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,879/month

Highlights

  • Ranch Style House
  • No HOA
  • Accessible Entrance
  • Clearwater Elementary School Rated A-
  • 1 Car Detached Garage
  • Accessibility Features

About This Home

As of October 2023

Charming cozy 2-bedroom 1 bath brick ranch styled duplex home with separate entrance and a lovely rear separate fenced in yard with an added storage shed including Central AC. Located on Indy's North Eastside near 73rd Street, within walking distance of White River, and Stamm Park and minutes to major chain store shopping. Come check out the many stylish updates inside this clean inviting pad, big picture window, vinyl hardwood flooring, new paint, a fully updated kitchen furnished with appliances and bright cabinetry, enjoy the large spacious bedrooms and so much more don't miss out this pad offers, size, location and style. In addition to monthly rent tenants pays %50 of water and sewer. Schedule your tour today!

Last Agent to Rent the Property

Maxwell Richter

Wilmoth Group Brokerage Email: maxr@wilmothgroup.com License #RB15000880 Listed on: 08/09/2023

Last Renter's Agent

Maxwell Richter

Wilmoth Group Brokerage Email: maxr@wilmothgroup.com License #RB15000880 Listed on: 08/09/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • 7,841

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 804 Sq Ft Home
  • Window Screens
  • Electric Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • Accessibility Features
  • Accessible Entrance

Additional Features

  • 7,841 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Ravenswood Subdivision

Listing and Financial Details

  • Security Deposit $999
  • Property Available on 8/9/23
  • Tenant pays for all utilities, insurance
  • The owner pays for ins hazard, insurance, no utilities
  • $50 Application Fee
  • Tax Lot 2
  • Assessor Parcel Number 490325122011000800

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2023-08-09
  • Lease Amount: 999
  • Tenant Pays: All Utilities, Insurance
  • Min Lease Req: 12
  • Security Deposit: 999
  • Application Fee: 50

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential Lease
  • New Construction: No
  • Accessibility Features: Accessible Entrance
  • Tax Year: 2021
  • Year Built: 1975
  • Building Area Total: 804
  • Garage Y N: Yes
  • Lot Size Acres: 0.18
  • Subdivision Name: Ravenswood
  • Transaction Type: Lease
  • Accessibility Features YN: Yes
  • MBR_AttributionContact: maxr@wilmothgroup.com
  • Attribution Contact: maxr@wilmothgroup.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Screens Some
  • Living Area: 804
  • Owner Pays: Ins Hazard, Insurance, No Utilities
  • Eating Area: None
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 804
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Slab

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No
  • Pets Allowed: W/Approval

Lot Info

  • Property Attached Yn: Yes
  • Lot Size Sq Ft: 7841
  • Parcel Number: 490325122011000800
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 368
  • Tax Lot: 2
  • Semi Annual Property Tax Amt: 184

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2021
Closed on
Nov 10, 2021
Sold by
James Christine
Bought by
Gonzalez Nikos Arechiga and Zhao Kelin
Seller's Agent
Edwin Watson
Triple E Realty, LLC
Buyer's Agent
Cory Gardner
Gardner Property Group
List Price
$185,000
Sold Price
$172,000
Premium/Discount to List
-$13,000
-7.03%
Current Estimated Value
$297,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,500
Avg. Annual Appreciation
14.22%
Original Mortgage
$129,000
Outstanding Balance
$118,206
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$179,294

Purchase Details

Listed on
Jul 12, 2021
Closed on
Sep 13, 2021
Sold by
James Christine
Bought by
Gonzalez Nikos Arechiga and Zhao Kelin
Seller's Agent
Edwin Watson
Triple E Realty, LLC
Buyer's Agent
Cory Gardner
Gardner Property Group
List Price
$185,000
Sold Price
$172,000
Premium/Discount to List
-$13,000
-7.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Outstanding Balance
$118,206
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$179,294

Purchase Details

Listed on
Jun 16, 2020
Closed on
Aug 4, 2020
Sold by
Veteran Cash Flow Llc
Bought by
James Christine
Seller's Agent
Edwin Watson
Triple E Realty, LLC
Buyer's Agent
Edwin Watson
Triple E Realty, LLC
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.84%
Original Mortgage
$97,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 16, 2020
Closed on
Jul 25, 2020
Sold by
Veteran Cash Flow Llc
Bought by
James Christine
Seller's Agent
Edwin Watson
Triple E Realty, LLC
Buyer's Agent
Edwin Watson
Triple E Realty, LLC
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2019
Sold by
Shake & Bake Llc
Bought by
Veteran Cash Flow Llc

Purchase Details

Closed on
Dec 5, 2014
Sold by
Kent Dorris L
Bought by
Chambers Philip C
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
Gonzalez Nikos Arechiga -- None Listed On Document
Gonzalez Nikos Arechiga -- None Available
James Christine -- None Listed On Document
James Christine $130,000 Monument Title
Veteran Cash Flow Llc $119,900 Monument Title Insurance Compa
Shake & Bake Llc $119,900 Monument Title Insurance Compa
Chambers Philip C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Nikos Arechiga $129,000
Previous Owner Gonzalez Nikos Arechiga $129,000
Previous Owner James Christine $97,500
Previous Owner James Christine $97,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2023 10/19/23 Rented $999 0.0% --
09/21/2023 09/21/23 Under Contract -- -- --
09/18/2023 09/18/23 For Rent $999 0.0% --
09/06/2023 09/06/23 Under Contract -- -- --
08/29/2023 08/29/23 Price Changed $999 -8.8% $1 / Sq Ft
08/09/2023 08/09/23 For Rent $1,095 0.0% --
09/15/2021 09/15/21 Sold $172,000 -7.0% $214 / Sq Ft View Prior Sale
08/06/2021 08/06/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $185,000 +42.3% $230 / Sq Ft
07/27/2020 07/27/20 Sold $130,000 0.0% $162 / Sq Ft View Prior Sale
06/18/2020 06/18/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $130,000 -- $162 / 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 $3,770 $169,800 $47,200 $122,600
2023 $3,770 $146,000 $23,600 $122,400
2022 $4,028 $146,000 $23,600 $122,400
2021 $3,277 $122,500 $12,300 $110,200
2020 $3,345 $132,100 $12,300 $119,800
2019 $3,067 $129,000 $12,300 $116,700
2018 $2,887 $124,000 $12,300 $111,700
2017 $2,727 $118,300 $12,300 $106,000
2016 $2,510 $116,100 $12,300 $103,800
2014 $2,308 $115,000 $12,300 $102,700
2013 $1,807 $95,500 $12,300 $83,200
Source: Public Records

Agents Affiliated with this Home

  • Maxwell Richter

    Landlord's Agent in 2023

    Maxwell Richter

    Wilmoth Group

    (317) 842-3400

    232 Total Sales

    Maxwell Richter
    Section Image
  • Edwin Watson

    Seller's Agent in 2021

    Edwin Watson

    Triple E Realty, LLC

    (317) 281-9281

    2 in this area

    166 Total Sales

    Edwin Watson
    Section Image

  • C

    Buyer's Agent in 2021

    Cory Gardner

    Gardner Property Group

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21936987

MIBOR Broker Listing Cooperative®

APN: 49-03-25-122-012.000-800

Indiana Marion County Indianapolis 46240 Ravenswood

7205 Ralston Ave, Indianapolis, IN

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