NOT LISTED FOR SALE

7518 E 38th St Indianapolis, IN 46226

Arlington Woods Neighborhood

Estimated Value: $99,000 - $149,119

3 Beds
2 Baths
1,178 Sq Ft
$101/Sq Ft Est. Value

Last Sold May 07, 2015

Last sale price $39,000 $33 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $759/month

5 Days on Market

Highlights

  • Mature Trees
  • Covered Patio or Porch
  • Storm Windows
  • Ranch Style House
  • Thermal Windows
  • Woodwork

About This Home

As of May 2015

Not much to do with this home, except move in! This home has been well maintained and cared for. 3 Bedroom, Brick Ranch, with an open Living Room, Dining, Kitchen concept. Perfect for investors wanting a low maintenance rental or for first time home buyer. Over $10,000 in updates in the past 5 years including- Master Bath shower - 2009, New Furnace - Sept 2012, New side entry door-Jan 2014, new water conditioner- May 2011. This is an Estate Sale - Being sold "as-is".

Last Agent to Sell the Property

Marty Matlock

Matlock Realty Group License #RB14033952 Listed on: 04/07/2015

Last Buyer's Agent

Michael Schafstall

Stratton Realty Group, LLC License #RB14052074

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $70

Year Built

  • Built in 1961

Lot Details

  • 8,276 Sq Ft Lot
  • Partially Fenced Property
  • Mature Trees

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,178 Sq Ft Home
  • Woodwork
  • Thermal Windows
  • Utility Room
  • Crawl Space

Kitchen

  • Electric Cooktop
  • Range Hood

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • Garage
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

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

Community Details

  • Hiawatha Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490713113025000401

Home Details

Home Type

Single Family

Est. Annual Taxes

$70

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1961
  • Garage Y N: Yes
  • Lot Size Acres: 0.19
  • Subdivision Name: HIAWATHA GARDENS
  • Inspection Warranties: Not Applicable
  • Property Description: Not much to do with this home, except move in! This home has been well maintained and cared for. 3 Bedroom, Brick Ranch, with an open Living Room, Dining, Kitchen concept. Perfect for investors wanting a low maintenance rental or for first time home buyer. Over $10,000 in updates in the past 5 years including- Master Bath shower - 2009, New Furnace - Sept 2012, New side entry door-Jan 2014, new water conditioner- May 2011. This is an Estate Sale - Being sold "as-is".
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dryer, Range Hood, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Interior Amenities: Storms Complete, Wood Work Stained, Windows Thermal
  • Living Area: 1178
  • Other Equipment: Smoke Detector, Water-Softener Owned
  • Room Count: 7
  • Areas Interior: Utility Room
  • Eating Area: Dining Combo/Kitchen,Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1178
  • Main Level Sq Ft: 1178
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Shower Stall Full
  • Total Sq Ft: 1178
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel, Fence Partial, Storage
  • Foundation Details: Crawl Space
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Detached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490713113025000401
  • Acres: <1/4 Acre
  • Lot Information: Tree Mature
  • Lot Number: 47
  • Lot Size: 60x138

Tax Info

  • Tax Annual Amount: 70
  • Semi Annual Property Tax Amt: 35
  • Tax Exemption: HomesteadTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2015
Closed on
May 7, 2015
Sold by
Cottone Gene and Brown Charles Michael
Bought by
Stallander Properties Llc
Seller's Agent
Marty Matlock
Matlock Realty Group
Buyer's Agent
Michael Schafstall
Stratton Realty Group, LLC
List Price
$41,999
Sold Price
$39,000
Premium/Discount to List
-$2,999
-7.14%
Current Estimated Value
$119,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,030
Avg. Annual Appreciation
11.29%
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
Stallander Properties Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2015 05/07/15 Sold $39,000 -7.1% $33 / Sq Ft
04/13/2015 04/13/15 Pending -- -- --
04/07/2015 04/07/15 For Sale $41,999 -- $36 / 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 $1,605 $63,200 $9,900 $53,300
2023 $1,605 $63,200 $9,900 $53,300
2022 $1,462 $57,500 $9,900 $47,600
2021 $1,458 $58,800 $9,900 $48,900
2020 $1,333 $53,300 $4,400 $48,900
2019 $1,355 $53,300 $4,400 $48,900
2018 $1,331 $51,900 $4,400 $47,500
2017 $1,245 $54,300 $4,400 $49,900
2016 $1,318 $59,100 $4,400 $54,700
2014 $71 $57,300 $4,400 $52,900
2013 $133 $57,300 $4,400 $52,900
Source: Public Records

Agents Affiliated with this Home

  • Marty Matlock

    Seller's Agent in 2015

    Marty Matlock

    Matlock Realty Group

    (317) 863-6666

    44 Total Sales

    Marty Matlock
    Section Image

  • M

    Buyer's Agent in 2015

    Michael Schafstall

    Stratton Realty Group, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21344934

MIBOR Broker Listing Cooperative®

APN: 49-07-13-113-025.000-401

Indiana Marion County Indianapolis 46226 Arlington Woods

7518 E 38th St, Indianapolis, IN

This home is located at 7518 E 38th St, Indianapolis, IN 46226 since 07 April 2015 and is currently estimated at $119,030, approximately $101 per square foot. This property was built in 1961. 7518 E 38th St is a home located in Marion County with nearby schools including Robert Lee Frost School 106, James Whitcomb Riley School 43, and Phalen Leadership Academy 93.

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.

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