NOT LISTED FOR SALE

740 N Somerset Ave Indianapolis, IN 46222

Fairfax Neighborhood

Estimated Value: $76,000 - $117,000

2 Beds
-- Bath
704 Sq Ft
$130/Sq Ft Est. Value

About This Home

This home is located at 740 N Somerset Ave, Indianapolis, IN 46222 and is currently estimated at $91,679, approximately $130 per square foot. 740 N Somerset Ave is a home located in Marion County with nearby schools including The PATH School, George Washington Community High School (9-12), and Arsenal Technical High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2021
Sold by
Indiana Luxury Homes Inc
Bought by
Villanueva Juan Francisco Cortes
Current Estimated Value
$91,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,900
Outstanding Balance
$13,506
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$77,802

Purchase Details

Closed on
Sep 9, 2021
Sold by
Pham Phuong Nga Thi
Bought by
Simple Quarters Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,900
Outstanding Balance
$13,506
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$77,802

Purchase Details

Closed on
Mar 6, 2019
Sold by
Gourley James
Bought by
Pham Nga

Purchase Details

Closed on
Nov 28, 2018
Sold by
Krick Vernon Lee and Krick Pamela G
Bought by
Gourley James
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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First American

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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.

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Average Value
Not Available
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
Villanueva Juan Francisco Cortes $59,900 None Available
Indiana Luxury Homes Inc $59,900 None Available
Simple Quarters Llc $55,000 None Available
Pham Nga -- None Available
Gourley James -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Indiana Luxury Homes Inc $42,900
Closed Villanueva Juan Francisco Cortes $42,900
Source: Public Records

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 $1,302 $53,400 $2,900 $50,500
2023 $1,302 $51,600 $2,900 $48,700
2022 $1,239 $49,200 $2,900 $46,300
2021 $832 $32,800 $2,900 $29,900
2020 $734 $28,500 $2,900 $25,600
2019 $693 $26,300 $2,900 $23,400
2018 $196 $25,300 $2,900 $22,400
2017 $175 $25,100 $2,900 $22,200
2016 $199 $29,000 $2,900 $26,100
2014 $163 $29,900 $2,900 $27,000
2013 $202 $28,000 $2,900 $25,100
Source: Public Records

Map

Indiana Marion County Indianapolis 46222 Fairfax

740 N Somerset Ave, Indianapolis, IN

This home is located at 740 N Somerset Ave, Indianapolis, IN 46222 and is currently estimated at $91,679, approximately $130 per square foot. 740 N Somerset Ave is a home located in Marion County with nearby schools including The PATH School, George Washington Community High School (9-12), and Arsenal Technical High 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.

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