NOT LISTED FOR SALE

746 N Somerset Ave Indianapolis, IN 46222

Fairfax Neighborhood

Estimated Value: $96,000 - $154,000

3 Beds
1 Bath
1,928 Sq Ft
$69/Sq Ft Est. Value

Last Sold September 01, 2017

Last sale price $16,430 $9 Per Sq Ft

Est. 704% increase in value since last sale

Current estimated payment $860/month

46 Days on Market

Highlights

  • Bungalow
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of September 2017

Here's a great investment property near schools and street where they just made many improvements including new sidewalks. This 3 bedroom home will need a new roof, new siding and many other repairs but should pay off with some sweat equity!

Last Agent to Sell the Property

Scott Wynkoop

Wynkoop Brokerage Firm, LLC License #RB14037140 Listed on: 06/22/2017

Last Buyer's Agent

Curtis White

Snyder Strategy Realty, Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 4,530 Sq Ft Lot

Home Design

  • Bungalow
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,928 Sq Ft Home
  • 1-Story Property
  • Window Screens
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Fairfax Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491105117044000901

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1950
  • Garage Y N: No
  • Lot Size Acres: 0.104
  • Subdivision Name: FAIRFAX
  • Inspection Warranties: Not Applicable
  • Property Description: Here's a great investment property near schools and street where they just made many improvements including new sidewalks. This 3 bedroom home will need a new roof, new siding and many other repairs but should pay off with some sweat equity!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Screens Some
  • Living Area: 1928
  • Other Equipment: Not Applicable
  • Room Count: 5
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 964
  • Main Level Sq Ft: 964
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1928
  • Below Grade Sq Ft: 964
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491105117044000901
  • Acres: <1/4 Acre
  • Lot Number: 319
  • Lot Size: 4,530

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 812
  • Semi Annual Property Tax Amt: 406
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2022
Sold by
Shields Avenue Llc
Bought by
746 N Somerset Ave Llc
Current Estimated Value
$132,166

Purchase Details

Closed on
Dec 20, 2022
Sold by
Shields Avenue Llc
Bought by
746 N Somerset Ave Llc

Purchase Details

Closed on
Oct 31, 2022
Sold by
Locust Tree Llc
Bought by
Shields Avenue Llc

Purchase Details

Closed on
Jul 25, 2022
Sold by
Hbre Llc
Bought by
Locust Tree Llc

Purchase Details

Closed on
Oct 29, 2018

Purchase Details

Listed on
Jun 22, 2017
Closed on
Sep 18, 2017
Sold by
S&C Financial Group Llc
Bought by
Kt Properties Indianapolis Llc
Seller's Agent
Scott Wynkoop
Wynkoop Brokerage Firm, LLC
Buyer's Agent
Curtis White
Snyder Strategy Realty, Inc
List Price
$28,000
Sold Price
$16,430
Premium/Discount to List
-$11,570
-41.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.11%

Purchase Details

Listed on
Jun 22, 2017
Closed on
Sep 1, 2017
Seller's Agent
Scott Wynkoop
Wynkoop Brokerage Firm, LLC
Buyer's Agent
Curtis White
Snyder Strategy Realty, Inc
List Price
$28,000
Sold Price
$16,430
Premium/Discount to List
-$11,570
-41.32%

Purchase Details

Closed on
May 2, 2017
Sold by
Marion County Clerk
Bought by
S & C Financial Group Llc
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
746 N Somerset Ave Llc $123,800 --
746 N Somerset Ave Llc -- None Listed On Document
Shields Avenue Llc -- --
Locust Tree Llc -- Mccollister Adrienne
-- $27,900 --
Hbre Llc $27,900 Monument Title Insurance Compa
Kt Properties Indianapolis Llc -- --
-- $16,400 --
S & C Financial Group Llc $3,600 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2017 09/01/17 Sold $16,430 -27.0% $9 / Sq Ft
08/08/2017 08/08/17 Pending -- -- --
08/03/2017 08/03/17 Price Changed $22,500 -10.0% $12 / Sq Ft
07/24/2017 07/24/17 Price Changed $25,000 -7.4% $13 / Sq Ft
06/30/2017 06/30/17 Price Changed $27,000 -3.6% $14 / Sq Ft
06/22/2017 06/22/17 For Sale $28,000 -- $15 / 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 $2,016 $83,900 $2,900 $81,000
2023 $2,016 $81,200 $2,900 $78,300
2022 $1,911 $77,200 $2,900 $74,300
2021 $1,259 $50,800 $2,900 $47,900
2020 $1,094 $43,600 $2,900 $40,700
2019 $1,032 $40,200 $2,900 $37,300
2018 $1,003 $38,700 $2,900 $35,800
2017 $888 $38,100 $2,900 $35,200
2016 $887 $43,900 $2,900 $41,000
2014 $943 $45,100 $2,900 $42,200
2013 $870 $42,200 $2,900 $39,300
Source: Public Records

Agents Affiliated with this Home

  • Scott Wynkoop

    Seller's Agent in 2017

    Scott Wynkoop

    Wynkoop Brokerage Firm, LLC

    (317) 590-5032

    3 in this area

    262 Total Sales

    Scott Wynkoop
    Section Image

  • C

    Buyer's Agent in 2017

    Curtis White

    Snyder Strategy Realty, Inc

    (317) 607-1692

    10 Total Sales

    Curtis White
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21493648

MIBOR Broker Listing Cooperative®

APN: 49-11-05-117-044.000-901

Indiana Marion County Indianapolis 46222 Fairfax

746 N Somerset Ave, Indianapolis, IN

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