NOT LISTED FOR SALE

726 N Somerset Ave Indianapolis, IN 46222

Fairfax Neighborhood

Estimated Value: $124,000 - $182,000

3 Beds
2 Baths
1,548 Sq Ft
$99/Sq Ft Est. Value

Last Sold February 26, 2019

Last sale price $60,000 $39 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $918/month

1 Day on Market

About This Home

As of February 2019

Spacious move in ready home awaits you. Home features 3 bedrooms, two full baths, fresh new paint throughout, basement, private driveway and fully fenced private backyard.

Last Agent to Sell the Property

Mark Lopez

F.C. Tucker Company License #RB14044901 Listed on: 01/10/2019

F.C. Tucker Company

Co-Listed By

Nancy Hernandez

F.C. Tucker Company License #RB15001026

Last Buyer's Agent

Mark Lopez

F.C. Tucker Company License #RB14044901 Listed on: 01/10/2019

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $248

Year Built

  • Built in 1920

Lot Details

  • 4,356

Home Design

  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,548 Sq Ft Home
  • 1.5-Story Property
  • Attic Access Panel

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Partial Basement
  • Laundry in Basement

Additional Features

  • Covered Patio or Porch
  • 4,356 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Fairfax Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491105117091000901

Home Details

Home Type

Single Family

Est. Annual Taxes

$248

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1920
  • Co List Office Phone: 317-873-5391
  • Garage Y N: No
  • Lot Size Acres: 0.1
  • Subdivision Name: FAIRFAX
  • Inspection Warranties: Warranty Homebuyers
  • Property Description: Spacious move in ready home awaits you. Home features 3 bedrooms, two full baths, fresh new paint throughout, basement, private driveway and fully fenced private backyard.
  • Transaction Type: Sale
  • F H A Certified: 1
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial
  • Appliances: Electric Oven,Refrigerator,None
  • Levels: One and One Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access
  • Living Area: 1548
  • Other Equipment: Not Applicable
  • Room Count: 6
  • Areas Interior: Laundry in Basement
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1032
  • Main Level Sq Ft: 1032
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1548
  • Below Grade Sq Ft: 516
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 50-75%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 60000
  • Association Maintained Building Exterior: 0
  • Construction Stage: Resale
  • Porch: Covered Porch

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: None
  • Garage Parking Other: Side Load Garage
  • Num Parking Spaces: 4

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491105117091000901
  • Acres: <1/4 Acre
  • Lot Number: 314
  • Lot Size: 35'X130'

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 248
  • Semi Annual Property Tax Amt: 124
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2019
Closed on
Feb 26, 2019
Sold by
Flores Maria
Bought by
Flores Jorges A
Seller's Agent
Mark Lopez
F.C. Tucker Company
Buyer's Agent
Mark Lopez
F.C. Tucker Company
List Price
$60,000
Sold Price
$60,000
Current Estimated Value
$153,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,368
Avg. Annual Appreciation
13.83%
Original Mortgage
$58,200
Outstanding Balance
$51,681
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$87,399

Purchase Details

Closed on
Sep 16, 2011
Sold by
Swan Linda R
Bought by
Flores Maria

Purchase Details

Closed on
Apr 28, 2011
Sold by
Swan Michael
Bought by
Swan Linda R

Purchase Details

Closed on
Mar 30, 2006
Sold by
The Rental Peoples Inc
Bought by
Swan Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,750
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2005
Sold by
Abn Amro Mortgage Group Inc
Bought by
Rental People Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,000
Interest Rate
6.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 25, 2005
Sold by
Federal National Loan Mortgage Corp
Bought by
Abn Amro Mortgage Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,000
Interest Rate
6.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 4, 2005
Sold by
Corney Alfaroh
Bought by
Abn Amro Mortgage Group Inc
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
Flores Jorges A -- Near North Title Group
Flores Maria -- None Available
Swan Linda R -- None Available
Swan Michael -- None Available
Rental People Inc -- None Available
Abn Amro Mortgage Group Inc -- None Available
Abn Amro Mortgage Group Inc $21,850 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Jorges A $58,200
Previous Owner Swan Michael $60,750
Previous Owner The Rental People Inc $17,000
Previous Owner Rental People Inc $20,711
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2019 02/26/19 Sold $60,000 0.0% $39 / Sq Ft
01/12/2019 01/12/19 Pending -- -- --
01/10/2019 01/10/19 For Sale $60,000 -- $39 / 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 $985 $106,700 $2,900 $103,800
2023 $985 $103,400 $2,900 $100,500
2022 $941 $98,100 $2,900 $95,200
2021 $484 $64,800 $2,900 $61,900
2020 $389 $52,600 $2,900 $49,700
2019 $360 $48,400 $2,900 $45,500
2018 $367 $36,900 $2,900 $34,000
2017 $326 $36,300 $2,900 $33,400
2016 $346 $41,800 $2,900 $38,900
2014 $312 $43,200 $2,900 $40,300
2013 $294 $40,400 $2,900 $37,500
Source: Public Records

Agents Affiliated with this Home

  • Mark Lopez

    Seller's Agent in 2019

    Mark Lopez

    F.C. Tucker Company

    (317) 341-5003

    259 Total Sales

    Mark Lopez
    Section Image

  • N

    Seller Co-Listing Agent in 2019

    Nancy Hernandez

    F.C. Tucker Company

    (317) 840-4570

    63 Total Sales

    Nancy Hernandez
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21613643

MIBOR Broker Listing Cooperative®

APN: 49-11-05-117-091.000-901

Indiana Marion County Indianapolis 46222 Fairfax

726 N Somerset Ave, Indianapolis, IN

This home is located at 726 N Somerset Ave, Indianapolis, IN 46222 since 10 January 2019 and is currently estimated at $153,368, approximately $99 per square foot. This property was built in 1920. 726 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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