NOT LISTED FOR SALE

7401 E 56th St Indianapolis, IN 46226

Estimated Value: $196,000 - $213,000

3 Beds
1 Bath
1,194 Sq Ft
$172/Sq Ft Est. Value

Last Sold May 19, 2025

Last sale price $205,000 $172 Per Sq Ft

Current estimated payment $1,172/month

36 Days on Market

Highlights

  • Updated Kitchen
  • Ranch Style House
  • No HOA
  • Deck
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of May 2025

This charming Bedford Stone with three-bedroom, one-bathroom boasts close proximity to Fort Harrison State Park. The area is brimming with amenities, making it an ideal location for families. In 2022, the home underwent significant renovations, including a new roof, gutters, windows, and driveway. Additionally, a new water heater was installed in 2020. The spacious backyard is fully fenced, providing a safe and secure environment for children/pets. Home is within walking distance to the high school, middle school, and elementary school. Again with quality updates for the savvy buyer. Also recent interior painting, carpet cleaned and new flooring in the bath as well as a nice updated subway tile tub surround. The floor plan makes for a roomy open Living room with a fireplace (seller has never used) with a cozy dining area just off the kitchen and then a laundry/furnace room near the kitchen and back door. Home has a covered front porch and huge 2 car garage with ample storage. Great location for families or downsizing buyer.

Last Agent to Sell the Property

Jackie Lovell

New Quantum Realty Group Brokerage Email: jackie@jackielovell.com License #RB14026114 Listed on: 03/13/2025

Last Buyer's Agent

Reyna Jarquin Urbina

F.C. Tucker Company License #RB23001421

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,414

Year Built

  • Built in 1947

Lot Details

  • 0.35

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Stone

Interior Spaces

  • 1,194 Sq Ft Home
  • Thermal Windows
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Attic Access Panel
  • Laundry on main level

Kitchen

  • Updated Kitchen
  • Gas Oven

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • 0.35 Acre Lot
  • Suburban Location

Community Details

  • No Home Owners Association
  • Fall Creek Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 490712113007000407 / 1st
  • Assessor Parcel Number 490712113007000407
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,414

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1947
  • Building Area Total: 1194
  • Garage Y N: Yes
  • Lot Size Acres: 0.35
  • On Market Date: 2025-03-13
  • Subdivision Name: Fall Creek Heights
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: www.newquantumrealtygroup.com
  • Accessibility Features YN: No
  • MBR_AttributionContact: jackie@jackielovell.com
  • Attribution Contact: jackie@jackielovell.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Gas Water Heater, Gas Oven, Range Hood, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Hardwood Floors, Windows Thermal
  • Living Area: 1194
  • Spa Y N: No
  • Areas Interior: Living Room Formal,Utility Room
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1194
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Some Updates
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Stone
  • Direction Faces: North
  • Fencing: Privacy
  • Foundation Details: Block
  • Patio And Porch Features: Covered Porch, Deck Main Level
  • Pool Private Y N: No
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Fuel: No Fuel Source

Utilities

  • Heating: Forced Air
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Belzer Middle School

Lot Info

  • Lot Features: Suburb
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 15333
  • Parcel Number: 490712113007000407
  • Acres: 1/4-1/2 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1414
  • Tax Block: 1st
  • Tax Lot: 490712113007000407
  • Semi Annual Property Tax Amt: 707
  • 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
Mar 13, 2025
Closed on
May 19, 2025
Sold by
Marks Ashley N
Bought by
Lopez Saul Chavez
Seller's Agent
Jackie Lovell
New Quantum Realty Group
Buyer's Agent
Reyna Jarquin Urbina
F.C. Tucker Company
List Price
$215,000
Sold Price
$205,000
Premium/Discount to List
-$10,000
-4.65%
Views
5707
Current Estimated Value
$204,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$69
Avg. Annual Appreciation
-0.04%
Original Mortgage
$201,286
Outstanding Balance
$200,569
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
$4,362
Source: Public Records
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
Lopez Saul Chavez -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Saul Chavez $201,286
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2025 05/19/25 Sold $205,000 -2.4% $172 / Sq Ft
04/18/2025 04/18/25 Pending -- -- --
04/02/2025 04/02/25 Price Changed $210,000 -2.3% $176 / Sq Ft
03/17/2025 03/17/25 For Sale $215,000 0.0% $180 / Sq Ft
03/14/2025 03/14/25 Pending -- -- --
03/13/2025 03/13/25 For Sale $215,000 +153.2% $180 / Sq Ft
06/20/2016 06/20/16 Sold $84,900 0.0% $71 / Sq Ft View Prior Sale
05/02/2016 05/02/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $84,900 -- $71 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $1,292 $127,300 $18,500 $108,800
2023 $1,292 $127,300 $18,500 $108,800
2022 $1,226 $119,200 $18,500 $100,700
2021 $1,176 $111,300 $18,500 $92,800
2020 $1,152 $108,600 $17,200 $91,400
2019 $670 $85,800 $17,200 $68,600
2018 $680 $85,800 $17,200 $68,600
2017 $746 $89,300 $17,200 $72,100
2016 $705 $87,200 $17,200 $70,000
2014 $1,682 $84,100 $17,200 $66,900
2013 $2,036 $104,200 $17,200 $87,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22026624

MIBOR Broker Listing Cooperative®

APN: 49-07-12-113-007.000-407