NOT LISTED FOR SALE

736 Lexington Ave Indianapolis, IN 46203

Fletcher Place Neighborhood

Estimated Value: $440,987 - $513,000

6 Beds
-- Bath
2,890 Sq Ft
$163/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $423,000 $146 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,292/month

14 Days on Market

About This Home

As of May 2022

FLETCHER PLACE DUPLEX // Rare opportunity to own this two unit beauty on a corner lot in Historic Fletcher Place! The front unit is the larger unit with 3 bedrooms, 2 full bathrooms, and a huge finished attic/bonus room. Generous room sizes and many updates throughout. It also boasts a large front porch, private deck area, and fully fenced yard. The charming two-story back unit has 1 bedroom and 1.5 bathrooms, as well as its own private back patio area. Both units contain beautiful parquet wood floors, high ceilings, and large windows. Incredible opportunity for an investor looking for a property with short term and/or long term rental appeal in a desirable area, or for an owner-occupant to have an income generating unit attached.

Last Agent to Sell the Property

Lesli Gibson

Maywright Property Co. Listed on: 03/26/2022

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,930

Year Built

  • Built in 1890

Lot Details

  • 3,049 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Traditional Architecture
  • Victorian Architecture
  • Brick Foundation

Interior Spaces

  • 3-Story Property
  • Basement

Community Details

  • Fletchers Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 491112236142000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,930

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: TraditonalAmerican, Victorian
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1890
  • Lot Size Acres: 0.07
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: FLETCHERS
  • Inspection Warranties: SeeRemarks
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Three Or More
  • Owner Pays: Other
  • Sq Ft Main Upper: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Exterior Features: Fence Complete
  • Foundation Details: Brick
  • List Price: 425000
  • Road Access: CityStreet

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491112236142000101
  • Acres: <1/4 Acre
  • Lot Information: Corner,Sidewalks,Tree Mature
  • Lot Number: 150
  • Lot Size: 40 x 78

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2930
  • Semi Annual Property Tax Amt: 1465
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2023
Sold by
Zartman Jeffrey D and Zartman Debra A
Bought by
Rupp Jacob
Current Estimated Value
$471,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,750
Outstanding Balance
$376,199
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$95,298

Purchase Details

Listed on
Mar 26, 2022
Closed on
May 17, 2022
Sold by
Sidecar Properties Llc
Bought by
Zartman Jeffrey D and Zartman Debra A
Seller's Agent
Lesli Gibson
Maywright Property Co.
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$425,000
Sold Price
$423,000
Premium/Discount to List
-$2,000
-0.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.29%

Purchase Details

Closed on
Nov 6, 2020
Sold by
Gonzales Matthew L and Mcadams Gonzales Amy
Bought by
Sidecar Properties Llc

Purchase Details

Closed on
Oct 30, 2020
Sold by
Gonzales Matthew L and Mcadams-Gonzales Amy J
Bought by
Sidecar Properties Llc

Purchase Details

Listed on
Jun 20, 2014
Closed on
Aug 15, 2014
Sold by
Jafari Behnam M
Bought by
Gonzales Matthew L and Mcadams Gonzales Amy
Seller's Agent
Cyrus Jafari
Buyer's Agent
Joseph Shoemaker
List Price
$249,900
Sold Price
$235,000
Premium/Discount to List
-$14,900
-5.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%
Original Mortgage
$230,743
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 26, 2008
Sold by
The Bank Of New York
Bought by
Jafari Behman M

Purchase Details

Closed on
Nov 16, 2007
Sold by
Simpson Addison T and Simpson Addison T
Bought by
Bank Of New York
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rupp Jacob $475,000 Foundation Title
Zartman Jeffrey D $423,000 Hall Render Killian Heath & Ly
Sidecar Properties Llc -- None Available
Sidecar Properties Llc -- None Listed On Document
Gonzales Matthew L $235,000 Stewart Title
Gonzales Matthew L -- Stewart Title Company
Jafari Behman M -- First Title Of Indiana Inc
Bank Of New York $147,393 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rupp Jacob $386,750
Previous Owner Gonzales Matthew L $30,000
Previous Owner Gonzales Matthew L $216,750
Previous Owner Gonzales Matthew L $231,000
Previous Owner Gonzales Matthew L $230,743
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2022 05/06/22 Sold $423,000 -0.5% $146 / Sq Ft
04/10/2022 04/10/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $425,000 +0.5% $147 / Sq Ft
03/26/2022 03/26/22 Off Market $423,000 -- --
03/26/2022 03/26/22 For Sale $425,000 +80.9% $147 / Sq Ft
08/15/2014 08/15/14 Sold $235,000 -6.0% $66 / Sq Ft
07/28/2014 07/28/14 Pending -- -- --
06/20/2014 06/20/14 For Sale $249,900 -- $70 / 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 $8,919 $381,100 $34,800 $346,300
2023 $8,919 $373,100 $34,800 $338,300
2022 $6,809 $284,000 $33,100 $250,900
2021 $5,523 $236,500 $34,600 $201,900
2020 $2,995 $210,900 $34,600 $176,300
2019 $4,254 $285,400 $7,300 $278,100
2018 $3,893 $259,400 $7,300 $252,100
2017 $3,308 $246,500 $7,300 $239,200
2016 $3,078 $234,300 $7,300 $227,000
2014 $1,682 $156,900 $7,300 $149,600
2013 $3,098 $142,900 $7,300 $135,600
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Lesli Gibson

    Maywright Property Co.

    Section Image

  • N

    Buyer's Agent in 2022

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image

  • I

    Buyer's Agent in 2022

    IUO Non-BLC Member

    Non-BLC Office

  • C

    Seller's Agent in 2014

    Cyrus Jafari

    Section Image

  • J

    Buyer's Agent in 2014

    Joseph Shoemaker

  • Joe Shoemaker

    Buyer's Agent in 2014

    Joe Shoemaker

    Modern Heartland

    (760) 422-9865

    8 Total Sales

    Joe Shoemaker
    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21845064

MIBOR Broker Listing Cooperative®

APN: 49-11-12-236-142.000-101

Indiana Marion County Indianapolis 46203 Fletcher Place

736 Lexington Ave, Indianapolis, IN

This home is located at 736 Lexington Ave, Indianapolis, IN 46203 since 26 March 2022 and is currently estimated at $471,497, approximately $163 per square foot. This property was built in 1890. 736 Lexington Ave is a home located in Marion County with nearby schools including Washington Irving School 14, Arsenal Technical High School, and George Washington Community High School No. 721.

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.

Nearby Homes