NOT LISTED FOR SALE

Estimated Value: $84,000 - $149,929

3 Beds
1 Bath
930 Sq Ft
$134/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $109,900 $118 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $813/month

7 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • 1-Story Property
  • No HOA
  • Woodwork
  • Forced Air Heating System

About This Home

As of December 2023

"Discover a hidden gem in the heart of the Hawthorne district, Indianapolis - a 1940s cottage-style residence boasting 3 bedrooms and 1 bathroom. This promising investment property, ideal for a lucrative flip, awaits your vision and creativity. With classic architectural details, the home exudes vintage charm and presents an exciting opportunity for rehabilitation. Step inside to find well-lit living spaces that showcase the home's timeless character. The three bedrooms offer potential for stylish transformations, while the vintage-inspired kitchen provides a canvas for modern updates. The single bathroom, ready for renovation, can be transformed into a chic and functional space. Conveniently located near downtown Indianapolis and major highways, this property offers easy access to the city's vibrant lifestyle. The Hawthorne district adds to the appeal, providing a welcoming community backdrop for your investment endeavors. With its strategic position and undeniable potential, this cottage-style home is a promising prospect for a rewarding flip. Seize the chance to revitalize this residence and turn it into a charming and profitable haven in the heart of Indianapolis."

Last Agent to Sell the Property

Terry Young

Red Bridge Real Estate Brokerage Email: terry@redbridgerealestate.com Listed on: 12/07/2023

Last Buyer's Agent

Luis Coronel

Coronel Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,416

Year Built

  • Built in 1940

Lot Details

  • 5,576 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Family or Dining Combination
  • Wood Flooring
  • Gas Oven
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • John S Spann Subdivision

Listing and Financial Details

  • Tax Lot 121
  • Assessor Parcel Number 491109113231000901

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,416

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1940
  • Building Area Total: 1560
  • Garage Y N: Yes
  • Lot Size Acres: 0.13
  • Subdivision Name: John S Spann
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: terry@redbridgerealestate.com
  • Attribution Contact: terry@redbridgerealestate.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Appliances: Gas Oven
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 90
  • Interior Amenities: Hardwood Floors, WoodWorkStain/Painted
  • Living Area: 930
  • Main Level Bedrooms: 2
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 840
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 109900

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached
  • Garage Sq Ft: 360

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 5576
  • Parcel Number: 491109113231000901
  • Acres: <1/4 Acre
  • Price Acre: 845385

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1416
  • Tax Lot: 121
  • Semi Annual Property Tax Amt: 708

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2023
Closed on
Dec 29, 2023
Sold by
Simple Notes Inc
Bought by
Romero Juan
Seller's Agent
Terry Young
Red Bridge Real Estate
Buyer's Agent
Luis Coronel
Coronel Realty Group
List Price
$109,900
Sold Price
$109,900
Views
19
Current Estimated Value
$124,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,082
Avg. Annual Appreciation
7.81%
Original Mortgage
$81,900
Outstanding Balance
$68,923
Interest Rate
1.2%
Mortgage Type
Seller Take Back
Estimated Equity
$56,059

Purchase Details

Listed on
Dec 7, 2023
Closed on
Dec 27, 2023
Sold by
Simple Notes Inc
Bought by
Romero Juan
Seller's Agent
Terry Young
Red Bridge Real Estate
Buyer's Agent
Luis Coronel
Coronel Realty Group
List Price
$109,900
Sold Price
$109,900
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,900
Outstanding Balance
$68,923
Interest Rate
1.2%
Mortgage Type
Seller Take Back
Estimated Equity
$56,059

Purchase Details

Listed on
Dec 7, 2023
Closed on
Nov 17, 2023
Sold by
Mask Clyde L and Mask Dolly
Bought by
Simple Quarters Llc
Seller's Agent
Terry Young
Red Bridge Real Estate
Buyer's Agent
Luis Coronel
Coronel Realty Group
List Price
$109,900
Sold Price
$109,900
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,900
Outstanding Balance
$68,923
Interest Rate
1.2%
Mortgage Type
Seller Take Back
Estimated Equity
$56,059
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
Romero Juan -- None Listed On Document
Simple Notes Inc -- None Listed On Document
Romero Juan $109,900 None Listed On Document
Simple Notes Inc $109,900 None Listed On Document
Simple Quarters Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero Juan $81,900
Closed Romero Juan $81,900
Previous Owner Simple Quarters Llc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $109,900 0.0% $118 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
12/07/2023 12/07/23 For Sale $109,900 -- $118 / 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 $1,762 $102,500 $3,500 $99,000
2023 $1,762 $70,600 $3,500 $67,100
2022 $1,630 $65,400 $3,500 $61,900
2021 $1,819 $61,400 $3,500 $57,900
2020 $1,516 $61,900 $3,500 $58,400
2019 $1,542 $61,900 $3,500 $58,400
2018 $1,339 $52,900 $3,500 $49,400
2017 $1,190 $52,400 $3,500 $48,900
2016 $1,120 $50,300 $3,500 $46,800
2014 $1,055 $48,800 $3,500 $45,300
2013 $1,117 $50,700 $3,500 $47,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21956103

MIBOR Broker Listing Cooperative®

APN: 49-11-09-113-231.000-901