NOT LISTED FOR SALE

721 N Sherman Dr Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $108,000 - $110,000

2 Beds
-- Bath
715 Sq Ft
$152/Sq Ft Est. Value

Last Sold June 11, 2019

Last sale price $24,000 $34 Per Sq Ft

Est. 354% increase in value since last sale

Current estimated payment $693/month

95 Days on Market

About This Home

As of June 2019

Duplex in fairly good condition with 2 bedroom on each side, gravel parking off the alley, and large open front porch with walk way. Property is sold through an online application process, applications must include plans for rehab and funding. Buyers have 2-years from the closing date to complete the rehab of the home.

Last Agent to Sell the Property

Bruce Baird

Intend Indiana, Inc. Listed on: 01/11/2019

Last Buyer's Agent

Bruce Baird

Intend Indiana, Inc. License #RB14007371

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 5,401 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for notapplic
  • The owner pays for notapplic
  • Assessor Parcel Number 491004141159000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1923
  • Lot Size Acres: 0.124
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Duplex in fairly good condition with 2 bedroom on each side, gravel parking off the alley, and large open front porch with walk way. Property is sold through an online application process, applications must include plans for rehab and funding. Buyers have 2-years from the closing date to complete the rehab of the home.
  • Transaction Type: Sale
  • Website: https://public-indy.epropertyplus.com/landmgmtpub/remote/public/property/viewSummary?parcelNumber=1028921
  • Unit Count: 1
  • Conversion: 0
  • Lifestyles: Double/Duplex
  • Website: https://www.renewindianapolis.org/
  • Special Features: None

Interior Features

  • Owner Pays: NotApplic
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: NoLaundry

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • List Price: 24000

Garage/Parking

  • Unit Parking: Unpaved

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 491004141159000101
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks
  • Lot Number: 1028921
  • Lot Size: 5,401

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: NotApplic

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 676
  • Semi Annual Property Tax Amt: 338
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2024
Sold by
Singh Satinder
Bought by
Dilraj Investments Llc
Current Estimated Value
$109,000

Purchase Details

Listed on
Jan 11, 2019
Closed on
Jun 11, 2019
Sold by
Renew Indianapolis Inc
Bought by
Singh Satinder
Seller's Agent
Bruce Baird
Intend Indiana, Inc.
Buyer's Agent
Bruce Baird
Intend Indiana, Inc.
List Price
$24,000
Sold Price
$24,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.10%

Purchase Details

Closed on
Mar 11, 2014
Sold by
Davis Carlos
Bought by
Davis Marc-Anthony

Purchase Details

Listed on
Jul 25, 2013
Closed on
Oct 2, 2013
Sold by
Federal National Mortgage Association
Bought by
Davis Carlos
Seller's Agent
Joyce Black
Buyer's Agent
Jeffrey Howell
F.C. Tucker Company
List Price
$10,500
Sold Price
$9,000
Premium/Discount to List
-$1,500
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.06%

Purchase Details

Closed on
Jun 20, 2013
Sold by
Phillips J Eugene J and Phillips Sheriff
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 19, 2013
Sold by
Layton John R
Bought by
Federal National Mortgage Association ("Fanni

Purchase Details

Closed on
Apr 23, 2007
Sold by
Piercy Robert Mark and Piercy Marcia L
Bought by
Phillips Eugene and Phillips Latoia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,200
Interest Rate
6.21%
Mortgage Type
New Conventional
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
Dilraj Investments Llc -- None Listed On Document
Singh Satinder $24,000 Meridian Title Corporation
Renew Indianapolis Inc $24,000 Meridian Title Corporation
Davis Marc-Anthony $9,000 --
Davis Marc Anthony -- None Available
Davis Carlos -- --
Federal National Mortgage Association -- --
Federal National Mortgage Association ("Fanni $52,400 --
Phillips Eugene -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phillips Eugene $51,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2019 06/11/19 Sold $24,000 0.0% $34 / Sq Ft
01/11/2019 01/11/19 For Sale $24,000 +166.7% $34 / Sq Ft
09/26/2013 09/26/13 Sold $9,000 -14.3% $51 / Sq Ft
09/04/2013 09/04/13 Pending -- -- --
07/25/2013 07/25/13 For Sale $10,500 -- $59 / 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 $1,379 $54,900 $6,900 $48,000
2023 $1,379 $52,300 $6,900 $45,400
2022 $1,314 $49,900 $6,900 $43,000
2021 $1,086 $41,300 $6,900 $34,400
2020 $944 $38,000 $2,800 $35,200
2019 $0 $0 $0 $0
2018 $893 $34,800 $2,800 $32,000
2017 $6,271 $31,800 $2,800 $29,000
2016 $1,155 $31,800 $2,800 $29,000
2014 $599 $27,700 $2,800 $24,900
2013 $765 $32,600 $2,800 $29,800
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Bruce Baird

    Intend Indiana, Inc.

  • J

    Seller's Agent in 2013

    Joyce Black

    Section Image

  • R

    Seller Co-Listing Agent in 2013

    Ragan Matthews

    Best Choice Properties, LLC

    Section Image

  • J

    Buyer's Agent in 2013

    Jeffrey Howell

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21614266

MIBOR Broker Listing Cooperative®

APN: 49-10-04-141-159.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

721 N Sherman Dr, Indianapolis, IN

This home is located at 721 N Sherman Dr, Indianapolis, IN 46201 since 11 January 2019 and is currently estimated at $109,000, approximately $152 per square foot. This property was built in 1923. 721 N Sherman Dr is a home located in Marion County with nearby schools including Ralph Waldo Emerson School 58, Arlington Community Middle School, and Arsenal Technical High 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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