NOT LISTED FOR SALE

7305 E 55th St Indianapolis, IN 46226

Estimated Value: $241,000 - $296,000

3 Beds
2 Baths
3,180 Sq Ft
$83/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $150,000 $47 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,616/month

64 Days on Market

Highlights

  • 0.42 Acre Lot
  • Wood Flooring
  • Eat-In Kitchen
  • Ranch Style House
  • 2 Car Attached Garage
  • Monitored

About This Home

As of February 2020

Reduced again!!! You must see this spacious brick ranch in Lawrence Township. Home features many updates, fresh paint, carpet, ceramic title, hardwood floors, updated kitchen/baths, LR w/FP, DR, Kit, 3-4 Bedrooms, FR, LU, 2 Car attached garage, newer appliances full basement with bonus room and much more. Located on a corner large corner lot; near hwy, schools, church, shopping, entertainment and 10 minutes from downtown. Affordable and maintenance free. Won't last long with the recent price reduction.

Last Agent to Sell the Property

Barbara Owens

Owens Realty License #RB14017226 Listed on: 11/14/2019

Co-Listed By

Bennie Owens

Owens Realty License #RB14050701

Last Buyer's Agent

Tyce Carlson

eXp Realty, LLC

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,566

Year Built

  • Built in 1964

Lot Details

  • 0.42 Acre Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 3,180 Sq Ft Home
  • Vinyl Clad Windows
  • Window Screens
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Finished Basement
  • Sump Pump
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Built-In Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Monitored
  • Fire and Smoke Detector

Utilities

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

Community Details

  • Fall Creek Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490712119046000407

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,566

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1964
  • Co List Office Phone: 317-921-7300
  • Garage Y N: Yes
  • Lot Size Acres: 0.416
  • Subdivision Name: FALL CREEK HEIGHTS
  • Inspection Warranties: General
  • Property Description: Reduced again!!! You must see this spacious brick ranch in Lawrence Township. Home features many updates, fresh paint, carpet, ceramic title, hardwood floors, updated kitchen/baths, LR w/FP, DR, Kit, 3-4 Bedrooms, FR, LU, 2 Car attached garage, newer appliances full basement with bonus room and much more. Located on a corner large corner lot; near hwy, schools, church, shopping, entertainment and 10 minutes from downtown. Affordable and maintenance free. Won't last long with the recent price reduction.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished Ceiling, Finished Walls
  • Appliances: MicroHood, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Hardwood Floors, Screens Complete, Windows Vinyl
  • Living Area: 3180
  • Other Equipment: Security Alarm Monitored, Security Alarm Paid, Smoke Detector, Sump Pump, Water-Softener Owned
  • Room Count: 7
  • Areas Interior: Living Room Formal,Laundry in Basement
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1590
  • Main Level Sq Ft: 1590
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 3180
  • Kitchen Features: Kitchen Eat In
  • Below Grade Sq Ft: 1590
  • Pct Optional Level Finished: 25-50%

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Block, Full
  • List Price: 153000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch,Porch Open

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Sq Ft: 594

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490712119046000407
  • Acres: 1/4-1/2 Acre
  • Lot Information: Corner
  • Lot Number: 43
  • Lot Size: 18,121

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1566
  • Semi Annual Property Tax Amt: 783
  • Tax Exemption: HomesteadTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Lawrence Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2019
Closed on
Feb 28, 2020
Sold by
Estep Madonna L
Bought by
Estep Madonna L and Mitchell Philip Lamont
Seller's Agent
Barbara Owens
Owens Realty
Buyer's Agent
Tyce Carlson
eXp Realty, LLC
List Price
$153,000
Sold Price
$150,000
Premium/Discount to List
-$3,000
-1.96%
Current Estimated Value
$263,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,315
Avg. Annual Appreciation
10.23%
Original Mortgage
$147,283
Outstanding Balance
$134,766
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$120,829
Source: Public Records

Range of Values:

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Average Value
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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
Estep Madonna L $150,000 Absolute Title Services, Llc
Estep Madonna L $150,000 Absolute Title Services, Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Estep Madonna L $13,555
Closed Estep Madonna L $5,791
Open Estep Madonna L $147,283
Previous Owner Bannon Vickie L $117,074
Previous Owner Bannon Vickie Lynn $123,120
Previous Owner Bannon Vickie Lynn $111,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $150,000 -2.0% $47 / Sq Ft
01/18/2020 01/18/20 Pending -- -- --
01/17/2020 01/17/20 For Sale $153,000 0.0% $48 / Sq Ft
01/08/2020 01/08/20 Pending -- -- --
01/08/2020 01/08/20 Price Changed $153,000 +2.1% $48 / Sq Ft
01/03/2020 01/03/20 Price Changed $149,900 -3.2% $47 / Sq Ft
11/29/2019 11/29/19 Price Changed $154,900 -3.1% $49 / Sq Ft
11/28/2019 11/28/19 Price Changed $159,900 -3.0% $50 / Sq Ft
11/20/2019 11/20/19 Price Changed $164,900 -5.7% $52 / Sq Ft
11/14/2019 11/14/19 For Sale $174,900 -- $55 / 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 $2,177 $193,200 $25,700 $167,500
2023 $2,177 $193,200 $25,700 $167,500
2022 $2,069 $180,700 $25,700 $155,000
2021 $1,942 $167,700 $25,700 $142,000
2020 $1,885 $161,500 $21,500 $140,000
2019 $1,648 $156,700 $21,500 $135,200
2018 $1,645 $156,700 $21,500 $135,200
2017 $1,621 $154,600 $21,500 $133,100
2016 $1,587 $151,500 $21,500 $130,000
2014 $1,576 $157,600 $21,500 $136,100
2013 $1,547 $157,600 $21,500 $136,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21681372

MIBOR Broker Listing Cooperative®

APN: 49-07-12-119-046.000-407