NOT LISTED FOR SALE

7311 E 38th St Indianapolis, IN 46226

Arlington Woods Neighborhood

Estimated Value: $146,000 - $167,000

3 Beds
1 Bath
1,272 Sq Ft
$122/Sq Ft Est. Value

Last Sold May 13, 2014

Last sale price $23,000 $18 Per Sq Ft

Est. 572% increase in value since last sale

Current estimated payment $1,000/month

33 Days on Market

Highlights

  • Mature Trees
  • Separate Formal Living Room
  • Covered Patio or Porch
  • Ranch Style House
  • No HOA
  • 1 Car Attached Garage

About This Home

As of May 2014

Sprawling three bedroom ranch on .28 acre lot in Warren Schools! Formal living room and family room. Breezeway adds extra living space. Mini barn for extra storage. Fully fenced rear yard offers great space for barbecues and summer fun. Use your vision to update the interior. Special down payment program for owner occupants that finance purchase with FHA loan.

Last Agent to Sell the Property

Terry Melvin

RE/MAX At The Crossing Listed on: 03/11/2014

RE/MAX At The Crossing

Last Buyer's Agent

Parag Patel

Parag Patel

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $356

Year Built

  • Built in 1955

Lot Details

  • 100 Sq Ft Lot
  • Mature Trees
  • Additional Parcels

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation

Interior Spaces

  • 1,272 Sq Ft Home
  • Entrance Foyer
  • Separate Formal Living Room
  • Family or Dining Combination
  • Attic Access Panel
  • Eat-In Kitchen
  • Laundry on main level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Hiawatha Gardens Subdivision

Listing and Financial Details

  • Tax Lot 500 & 51
  • Assessor Parcel Number 490724116058000700

Home Details

Home Type

Single Family

Est. Annual Taxes

$356

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1955
  • Building Area Total: 1272
  • Garage Y N: Yes
  • Lot Size Acres: 0.19
  • Subdivision Name: Hiawatha Gardens
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: http://www.deamstohomes.com
  • MBR_AttributionContact: movinwithmelvin@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: None, Electric Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Eat-in Kitchen, Entrance Foyer, Primary Bedroom on Main
  • Living Area: 1272
  • Main Level Bedrooms: 3
  • Other Equipment: Not Applicable
  • Areas Interior: Living Room Formal
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1272
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 1272

Exterior Features

  • Construction Materials: Wood Brick
  • Foundation Details: Slab
  • List Price: 26000
  • Patio And Porch Features: Covered Porch

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Asphalt, Attached

Utilities

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

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Mature Trees
  • Property Attached Yn: No
  • Additional Parcels Description: 490724116049000700
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 100
  • Parcel Number: 490724116058000700
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 356
  • Tax Lot: 500 & 51
  • Semi Annual Property Tax Amt: 178
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2022
Sold by
Equity Trust Company
Bought by
Grove Residential Funding I Llc
Current Estimated Value
$154,656

Purchase Details

Listed on
Mar 11, 2014
Closed on
May 13, 2014
Sold by
The Sec Of Hud
Bought by
Equity Trust Company Custodian Fbo Parag
Seller's Agent
Terry Melvin
RE/MAX At The Crossing
Buyer's Agent
Parag Patel
Parag Patel
List Price
$26,000
Sold Price
$23,000
Premium/Discount to List
-$3,000
-11.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.11%

Purchase Details

Listed on
Mar 11, 2014
Closed on
May 8, 2014
Sold by
Secretary Of Housing & Urban Development
Bought by
Equity Trust Company and Parag Patel Ira
Seller's Agent
Terry Melvin
RE/MAX At The Crossing
Buyer's Agent
Parag Patel
Parag Patel
List Price
$26,000
Sold Price
$23,000
Premium/Discount to List
-$3,000
-11.54%

Purchase Details

Closed on
Jul 12, 2013

Purchase Details

Closed on
Mar 20, 2013
Sold by
Layton John R
Bought by
Citimortgage Inc
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
Grove Residential Funding I Llc $204,000 Berkshire Jynell D
Equity Trust Company Custodian Fbo Parag $23,000 Hocker & Associates Llc
Equity Trust Company -- None Available
-- $106,400 --
Secretary Of Housing & Urban Development -- None Available
Citimortgage Inc $106,400 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2014 05/13/14 Sold $23,000 -11.5% $18 / Sq Ft
04/14/2014 04/14/14 Pending -- -- --
04/11/2014 04/11/14 For Sale $26,000 0.0% $20 / Sq Ft
04/07/2014 04/07/14 Pending -- -- --
03/31/2014 03/31/14 For Sale $26,000 +13.0% $20 / Sq Ft
03/31/2014 03/31/14 Off Market $23,000 -- --
03/28/2014 03/28/14 For Sale $26,000 0.0% $20 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
03/11/2014 03/11/14 For Sale $26,000 -- $20 / 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 $2,199 $88,900 $10,500 $78,400
2023 $2,199 $91,000 $10,500 $80,500
2022 $1,548 $65,600 $10,500 $55,100
2021 $1,354 $56,800 $10,500 $46,300
2020 $1,336 $59,700 $10,500 $49,200
2019 $1,416 $59,700 $10,500 $49,200
2018 $1,345 $56,600 $10,500 $46,100
2017 $1,210 $55,900 $10,500 $45,400
2016 $1,160 $53,500 $10,500 $43,000
2014 $1,082 $54,100 $10,500 $43,600
2013 $1,092 $54,600 $10,500 $44,100
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Terry Melvin

    RE/MAX

    Section Image

  • P

    Buyer's Agent in 2014

    Parag Patel

    Parag Patel

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21278669

MIBOR Broker Listing Cooperative®

APN: 49-07-24-116-058.000-700

Indiana Marion County Indianapolis 46226 Arlington Woods

7311 E 38th St, Indianapolis, IN

This home is located at 7311 E 38th St, Indianapolis, IN 46226 since 11 March 2014 and is currently estimated at $154,656, approximately $121 per square foot. This property was built in 1955. 7311 E 38th St is a home located in Marion County with nearby schools including Pleasant Run Elementary School, Stonybrook Intermediate Academy (5-6), and Stonybrook Middle 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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