NOT LISTED FOR SALE

722 S Reisner St Indianapolis, IN 46221

West Indianapolis Neighborhood

Estimated Value: $101,000 - $141,000

2 Beds
1 Bath
1,488 Sq Ft
$83/Sq Ft Est. Value

Last Sold May 17, 2019

Last sale price $61,000 $41 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $813/month

2 Days on Market

Highlights

  • Ranch Style House
  • Formal Dining Room
  • Porch
  • Wood Flooring
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of May 2019

DIAMOND IN A ROUGH!! THIS QUAINT PROPERTY IS NESTLED WITHIN THE CITY OF INDIANAPOLIS. MINUTES FROM LUCAS OIL STADIUM, RESTAURANTS AND SHOPPING. WHETHER YOU ARE LOOKING FOR A STARTER HOME, RENTAL PROPERTY, OR KNOW SOMEONE THAT NEEDS A PLACE FOR COLLEGE, THIS HOUSE IS FOR YOU! HARDWOOD FLOORS ARE PRESUMED TO BE UNDER ALL OF THE CARPET IN THE HOUSE. FULL, UNFINISHED BASEMENT GIVES YOU A BLANK CANVAS TO FINISH HOW YOU WOULD LIKE!!

Last Agent to Sell the Property

Jason Alsup

eXp Realty, LLC License #RB14035549 Listed on: 04/04/2019

eXp Realty, LLC

Co-Listed By

Kari Spence

eXp Realty, LLC License #RB16000887

Last Buyer's Agent

Joshua Lawrence

@properties License #RB16001027

@properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $208

Year Built

  • Built in 1946

Lot Details

  • 6,011

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,488 Sq Ft Home
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Electric Oven
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Additional Features

  • Porch
  • 6,011 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Kuhn & Johnsons Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491110124140000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$208

Year Built

Built in 1946

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1946
  • Co List Office Phone: 812-734-6048
  • Garage Y N: Yes
  • Lot Size Acres: 0.138
  • Subdivision Name: KUHN & JOHNSONS
  • Inspection Warranties: Not Applicable
  • Property Description: DIAMOND IN A ROUGH!! THIS QUAINT PROPERTY IS NESTLED WITHIN THE CITY OF INDIANAPOLIS. MINUTES FROM LUCAS OIL STADIUM, RESTAURANTS AND SHOPPING. WHETHER YOU ARE LOOKING FOR A STARTER HOME, RENTAL PROPERTY, OR KNOW SOMEONE THAT NEEDS A PLACE FOR COLLEGE, THIS HOUSE IS FOR YOU! HARDWOOD FLOORS ARE PRESUMED TO BE UNDER ALL OF THE CARPET IN THE HOUSE. FULL, UNFINISHED BASEMENT GIVES YOU A BLANK CANVAS TO FINISH HOW YOU WOULD LIKE!!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Appliances: Dryer, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors
  • Living Area: 1488
  • Other Equipment: Sump Pump
  • Room Count: 6
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 744
  • Main Level Sq Ft: 744
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1488
  • Below Grade Sq Ft: 744
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 64900
  • Association Maintained Building Exterior: 0
  • Porch: Porch Open

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Electric
  • Garage Parking Description: Detached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491110124140000101
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Tree Mature
  • Lot Number: 264
  • Lot Size: 6,011

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 208
  • Semi Annual Property Tax Amt: 104
  • Tax Exemption: HomesteadTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2021
Sold by
Lawrence Joshua
Bought by
Elevate Investment Group Llc
Current Estimated Value
$122,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Outstanding Balance
$170,050
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
-$50,360

Purchase Details

Listed on
Apr 4, 2019
Closed on
May 17, 2019
Sold by
Burke Summer and Marjorie Pierson Estate
Bought by
Lawrence Joshua
Seller's Agent
Jason Alsup
eXp Realty, LLC
Buyer's Agent
Joshua Lawrence
@properties
List Price
$64,900
Sold Price
$61,000
Premium/Discount to List
-$3,900
-6.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.37%
Original Mortgage
$48,800
Interest Rate
4.1%
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
Elevate Investment Group Llc -- None Available
Lawrence Joshua -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elevate Investment Group Llc $690,000
Previous Owner Lawrence Joshua $48,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2019 05/17/19 Sold $61,000 -6.0% $41 / Sq Ft
04/06/2019 04/06/19 Pending -- -- --
04/03/2019 04/03/19 For Sale $64,900 -- $44 / 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 $1,715 $71,000 $6,300 $64,700
2023 $1,715 $68,600 $6,300 $62,300
2022 $1,758 $70,400 $6,300 $64,100
2021 $1,360 $55,300 $6,300 $49,000
2020 $1,263 $51,000 $6,300 $44,700
2019 $352 $35,400 $6,300 $29,100
2018 $348 $34,200 $6,300 $27,900
2017 $285 $30,100 $6,300 $23,800
2016 $287 $32,300 $6,300 $26,000
2014 $233 $31,900 $6,300 $25,600
2013 $246 $33,500 $6,300 $27,200
Source: Public Records

Agents Affiliated with this Home

  • Jason Alsup

    Seller's Agent in 2019

    Jason Alsup

    eXp Realty, LLC

    (317) 272-5002

    4 in this area

    240 Total Sales

    Section Image
  • Kari Spence

    Seller Co-Listing Agent in 2019

    Kari Spence

    eXp Realty, LLC

    (317) 445-1492

    73 Total Sales

    Section Image
  • Joshua Lawrence

    Buyer's Agent in 2019

    Joshua Lawrence

    @properties

    (317) 286-6117

    1 in this area

    78 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21630738

MIBOR Broker Listing Cooperative®

APN: 49-11-10-124-140.000-101

Indiana Marion County Indianapolis 46221 West Indianapolis

722 S Reisner St, Indianapolis, IN

This home is located at 722 S Reisner St, Indianapolis, IN 46221 since 04 April 2019 and is currently estimated at $122,999, approximately $82 per square foot. This property was built in 1946. 722 S Reisner St is a home located in Marion County with nearby schools including William Penn School 49, George Washington Community High School (9-12), 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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