Seller's Agent in 2023
Jerry Gemmecke
F.C. Tucker Company
(317) 445-2434
14 in this area
268 Total Sales
7312 E 48th St Indianapolis, IN 46226
Estimated Value: $166,000 - $180,000
3
Beds
1
Bath
1,040
Sq Ft
$166/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Eat-In Country Kitchen
- Combination Kitchen and Dining Room
- No HOA
About This Home
As of November 2023Huge ownership opportunity on this long-time seller occupied home that has just been completely updated. This 3 bedroom ranch has been updated and refreshed throughout. New flooring, interior and exterior paint, re-glazed bath and shower, new AC and Furnace (2022)! The charming community is nestled in the Lawrence Township Schools district and enjoys quick commutes to virtually anywhere in the central Indy region. Close proximity to the highway, shopping and schools. Buyers will enjoy the fenced in yard and all SS appliances including washer and dryer stay!
Last Agent to Sell the Property
F.C. Tucker Company Brokerage Email: jerryg@talktotucker.com License #RB15000799 Listed on: 10/17/2023
Co-Listed By
F.C. Tucker Company Brokerage Email: jerryg@talktotucker.com License #RB20000574
Last Buyer's Agent
Jennifer New
Indy House and Home
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $480
Year Built
- Built in 1964
Lot Details
- 8,886 Sq Ft Lot
Home Design
- Ranch Style House
- Block Foundation
- Vinyl Siding
Interior Spaces
- 1,040 Sq Ft Home
- Combination Kitchen and Dining Room
- Attic Access Panel
Kitchen
- Eat-In Country Kitchen
- Electric Oven
- Electric Cooktop
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Schools
- Belzer Middle School
- Lawrence Central High School
Utilities
- Heating System Uses Gas
- Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 490712133005000407
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 17, 2023
Closed on
Dec 1, 2023
Sold by
Zehr Craig A
Bought by
Medina Rakel
Seller's Agent
Jerry Gemmecke
F.C. Tucker Company
Buyer's Agent
Jennifer New
Indy House and Home
List Price
$155,000
Sold Price
$155,000
Views
89
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,043
Avg. Annual Appreciation
6.13%
Original Mortgage
$152,192
Outstanding Balance
$149,542
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
$23,501
Purchase Details
Closed on
Jun 18, 2020
Sold by
Zehr Craig A
Bought by
City Of Indianapolis and Department Of Public Works
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Medina Rakel | $155,000 | First American Title | |
| City Of Indianapolis | $3,765 | Rws South, Inc. |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Medina Rakel | $152,192 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/30/2023 11/30/23 | Sold | $155,000 | 0.0% | $149 / Sq Ft |
| 11/05/2023 11/05/23 | Pending | -- | -- | -- |
| 10/26/2023 10/26/23 | For Sale | $155,000 | 0.0% | $149 / Sq Ft |
| 10/20/2023 10/20/23 | Pending | -- | -- | -- |
| 10/17/2023 10/17/23 | For Sale | $155,000 | -- | $149 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $779 | $126,700 | $6,600 | $120,100 |
| 2023 | $779 | $92,600 | $6,600 | $86,000 |
| 2022 | $567 | $78,600 | $6,600 | $72,000 |
| 2021 | $549 | $72,700 | $6,600 | $66,100 |
| 2020 | $470 | $61,600 | $7,900 | $53,700 |
| 2019 | $393 | $56,700 | $7,900 | $48,800 |
| 2018 | $389 | $55,300 | $7,900 | $47,400 |
| 2017 | $385 | $54,500 | $7,900 | $46,600 |
| 2016 | $326 | $51,400 | $7,900 | $43,500 |
| 2014 | $267 | $53,400 | $7,900 | $45,500 |
| 2013 | $371 | $68,600 | $7,900 | $60,700 |
Source: Public Records
Agents Affiliated with this Home
-
Jerry Gemmecke
-
Jen Ruse
Seller Co-Listing Agent in 2023
Jen Ruse
F.C. Tucker Company
5 in this area
23 Total Sales
-
J
Buyer's Agent in 2023
Jennifer New
Indy House and Home
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21948909
APN: 49-07-12-133-005.000-407
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