NOT LISTED FOR SALE

7320 E 48th St Indianapolis, IN 46226

Estimated Value: $249,000 - $293,991

3 Beds
2 Baths
2,002 Sq Ft
$133/Sq Ft Est. Value

Last Sold March 18, 2024

Last sale price $260,000 $130 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,654/month

2 Days on Market

Highlights

  • 1.4 Acre Lot
  • No HOA
  • 3 Car Attached Garage
  • Mature Trees
  • Covered Patio or Porch
  • 1-Story Property

About This Home

As of March 2024

You won't want to miss this one. Tucked off the road on 1.4 acres is this charming 3 bedroom 2 full bath home with attached bonus room and 3+ car garage. Upon entering the lot, you will be struck by the large mature trees and long drive. The covered front porch is spacious and supplies a great view of the lawn! This open concept provides room for entertaining while maintaining a cozy feel. Don't miss the expansive garage and large bonus room. Roof, HVAC, windows are all less than 7 years old!

Last Agent to Sell the Property

Patrick Bartell

Keller Williams Indy Metro NE Brokerage Email: Patrick@bartellrealty.com License #RB20000698 Listed on: 02/01/2024

Keller Williams Indy Metro NE

Last Buyer's Agent

Nicholas Laviolette

Compass Indiana, LLC

Compass Indiana, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,114

Year Built

  • Built in 1992

Lot Details

  • 1.4 Acre Lot
  • Mature Trees

Parking

  • 3 Car Attached Garage

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2,002 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • Combination Kitchen and Dining Room

Kitchen

  • Electric Oven
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Harrison Hill Elementary School
  • Belzer Middle School
  • Lawrence Central High School

Additional Features

  • Covered Patio or Porch
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 490712133006000407

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,114

Year Built

Built in 1992

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Modular
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1992
  • Building Area Total: 2002
  • Garage Y N: Yes
  • Lot Size Acres: 1.4
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: Patrick@bartellrealty.com
  • Attribution Contact: Patrick@bartellrealty.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dryer, Microwave, Electric Oven, Refrigerator, Washer, Water Heater
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Windows Vinyl
  • Living Area: 2002
  • Main Level Bedrooms: 3
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 2002
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Plans
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Block
  • List Price: 249900
  • Patio And Porch Features: Covered Porch
  • Pool Private Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached
  • Garage Sq Ft: 900

Utilities

  • Cooling: Central Electric
  • Heating: Electric
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Belzer Middle School

Lot Info

  • Lot Features: Mature Trees
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 60940
  • Parcel Number: 490712133006000407
  • Acres: 1-3 Acres
  • Price Acre: 185714

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2114
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1057
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • Elementary School: Harrison Hill Elementary School
  • High School: Lawrence Central High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Mar 26, 2024
Sold by
Fairfax Benjamin W
Bought by
Lopez Iris Belinda
Seller's Agent
Patrick Bartell
Keller Williams Indy Metro NE
Buyer's Agent
Nicholas Laviolette
Compass Indiana, LLC
List Price
$249,900
Sold Price
$260,000
Premium/Discount to List
$10,100
4.04%
Views
98
Current Estimated Value
$267,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,248
Avg. Annual Appreciation
1.79%
Original Mortgage
$247,000
Outstanding Balance
$243,232
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$24,016

Purchase Details

Closed on
May 29, 2020
Sold by
Fairfax Benjamin W
Bought by
City Of Indianapolis and Department Of Public Works

Purchase Details

Listed on
May 20, 2017
Closed on
Jul 13, 2017
Sold by
Nealy Darrell Wayne
Bought by
Benjamin W
Seller's Agent
Suzi Hilgedag Leidenfrost
Real Broker, LLC
Buyer's Agent
Amy Gallagher
List Price
$149,900
Sold Price
$149,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%
Original Mortgage
$147,184
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 19, 2016
Sold by
Marion County Board Of Commissioners
Bought by
Nealy Darrell Wayne and Nealy Kenneth

Purchase Details

Closed on
Jan 21, 2016
Sold by
Lampkins David
Bought by
Marion County

Purchase Details

Closed on
Apr 8, 2013
Sold by
Lampkins E Anna F
Bought by
Lampkins David
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
Lopez Iris Belinda $260,000 First American Title
City Of Indianapolis $2,885 None Available
Benjamin W $149,900 --
Fairfax Benamin W $149,900 Meridian Title Corporation
Nealy Darrell Wayne $10,000 None Available
Marion County $7,528 None Available
Lampkins David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Iris Belinda $247,000
Previous Owner Fairfax Benamin W $147,184
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2024 03/18/24 Sold $260,000 +4.0% $130 / Sq Ft
02/04/2024 02/04/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $249,900 +66.7% $125 / Sq Ft
07/13/2017 07/13/17 Sold $149,900 0.0% $102 / Sq Ft View Prior Sale
05/20/2017 05/20/17 For Sale $149,900 -- $102 / 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 $2,775 $234,700 $16,200 $218,500
2023 $2,775 $237,100 $16,200 $220,900
2022 $2,430 $201,000 $16,200 $184,800
2021 $2,287 $188,300 $16,200 $172,100
2020 $1,963 $158,800 $16,300 $142,500
2019 $1,655 $146,900 $16,300 $130,600
2018 $1,623 $144,200 $16,300 $127,900
2017 $1,421 $124,500 $16,300 $108,200
2016 $144 $119,900 $15,100 $104,800
2014 $2,413 $119,700 $14,400 $105,300
2013 $3,126 $154,900 $14,400 $140,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21962035

MIBOR Broker Listing Cooperative®

APN: 49-07-12-133-006.000-407