NOT LISTED FOR SALE

723 N Somerset Ave Indianapolis, IN 46222

Fairfax Neighborhood

Estimated Value: $121,000 - $134,000

2 Beds
1 Bath
1,720 Sq Ft
$75/Sq Ft Est. Value

Highlights

  • 0.25 Acre Lot
  • Eat-In Kitchen
  • Forced Air Heating System
  • Wood Flooring
  • 1-Story Property
  • Combination Kitchen and Dining Room

About This Home

As of November 2019

Nice 2 Bedroom Bungalow near 10th and Tibbs Ave. Has an unfinished basement and a nice yard.

Last Agent to Rent the Property

Jack Norton

Norton Real Estate License #RB14005732 Listed on: 11/12/2019

Last Renter's Agent

Jack Norton

Norton Real Estate License #RB14005732 Listed on: 11/12/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 0.25 Acre Lot

Home Design

  • Block Foundation

Interior Spaces

  • 1,720 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Fairfax Subdivision
  • Property managed by Real Estate Norton

Listing and Financial Details

  • Security Deposit $650
  • Tenant pays for insurance, all utilities
  • The owner pays for no utilities
  • 12-Month Minimum Lease Term
  • $20 Application Fee
  • Assessor Parcel Number 491105117398000901

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Insurance, All Utilities
  • Lease Price: 650.00
  • Min Lease Req: 12
  • Pet Deposit: 100
  • Security Deposit: 650
  • Application Fee: 20.00
  • Pet Deposit Refundable Y N: 1
  • Pet Rental Amount: 25.00
  • Security Deposit Refundable Y N: 1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2008
  • Year Built: 1953
  • Garage Y N: No
  • Lot Size Acres: 0.25
  • Subdivision Name: FAIRFAX
  • Inspection Warranties: Not Applicable
  • Property Description: Nice 2 Bedroom Bungalow near 10th and Tibbs Ave. Has an unfinished basement and a nice yard.
  • Transaction Type: Lease
  • Website: https://www.facebook.com/RealEstateNorton/
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Dryer, Gas Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors
  • Living Area: 1720
  • Other Equipment: Not Applicable
  • Owner Pays: No Utilities
  • Room Count: 4
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 860
  • Main Level Sq Ft: 860
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1720
  • Kitchen Features: Kitchen Eat In
  • Below Grade Sq Ft: 860
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 75+%

Exterior Features

  • Construction Materials: Other
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 650
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available
  • Water Heater: Gas

Condo/Co-op/Association

  • Pets Allowed: W/Approval
  • Property Management Company: Real Estate Norton
  • Property Management Company Contact: Jack
  • Property Management Company Email: jnorton@mibor.net
  • Property Management Company Phone: 317-823-6873

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491105117398000901
  • Acres: 1/4-1/2 Acre
  • Lot Number: 363
  • Lot Size: 0.00 AC

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 288
  • Semi Annual Property Tax Amt: 144
  • Tax Exemption: Homestead Tax Exemption Filed Not Reflected

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2013
Sold by
Member Managing
Bought by
Member Managing
Current Estimated Value
$128,834

Purchase Details

Closed on
Aug 30, 2010
Sold by
Pence Leonard J and Flynn Trudy Lynn
Bought by
Kelco Investment Llc
Source: Public Records

Range of Values:

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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
Member Managing $36,000 --
Kelco Investment Llc -- First American Title Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2019 11/19/19 Rented $650 0.0% --
11/12/2019 11/12/19 For Rent $650 0.0% --
07/11/2017 07/11/17 Rented $650 0.0% --
07/10/2017 07/10/17 Under Contract -- -- --
06/20/2017 06/20/17 Price Changed $650 +8.3% $0 / Sq Ft
06/16/2017 06/16/17 For Rent $600 -- --
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 $1,744 $68,900 $2,900 $66,000
2023 $1,744 $70,600 $2,900 $67,700
2022 $1,652 $67,100 $2,900 $64,200
2021 $1,093 $44,500 $2,900 $41,600
2020 $906 $36,300 $2,900 $33,400
2019 $855 $33,500 $2,900 $30,600
2018 $833 $32,300 $2,900 $29,400
2017 $737 $18,700 $2,900 $15,800
2016 $549 $23,500 $2,900 $20,600
2014 $560 $25,900 $2,900 $23,000
2013 $635 $23,500 $2,900 $20,600
Source: Public Records

Agents Affiliated with this Home

  • Jack Norton

    Landlord's Agent in 2019

    Jack Norton

    Norton Real Estate

    (317) 508-6544

    44 Total Sales

    Jack Norton
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21681064

MIBOR Broker Listing Cooperative®

APN: 49-11-05-117-398.000-901

Indiana Marion County Indianapolis 46222 Fairfax

723 N Somerset Ave, Indianapolis, IN

This home is located at 723 N Somerset Ave, Indianapolis, IN 46222 since 12 November 2019 and is currently priced at $128,834. This property was built in 1953. 723 N Somerset Ave is a home located in Marion County with nearby schools including The PATH School, 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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