NOT LISTED FOR SALE

7540 E 50th St Indianapolis, IN 46226

Estimated Value: $164,000 - $191,311

3 Beds
1 Bath
1,040 Sq Ft
$167/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $167,500 $161 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $999/month

Highlights

  • Mature Trees
  • Cathedral Ceiling
  • Covered Patio or Porch
  • Ranch Style House
  • No HOA
  • 4-minute walk to Explorer Park

About This Home

As of September 2023

Welcoming 3Bd/1Ba Ranch home with 1-Car Garage in Lawrence! Spacious living room has peaked ceilings and a sky light - it lets in so much natural light! Charming eat-in kitchen with plenty of counter space & 2nd sky light in the home. The W/D is located off the dining area. All three bedrooms are move-in ready! The fully fenced-in backyard is a great space for entertaining with multiple decks, a paver patio with firepit, river rock, and space to grow a garden. Such a great home with easy access to I465, I70 & SR36. Only 2 blocks from Explorer Park and short drive to Fort Harrison State Park, too!

Last Agent to Sell the Property

Whitney Strange

Keller Williams Indy Metro NE Brokerage Email: whitneystrange@kw.com License #RB18000184 Listed on: 08/18/2023

Keller Williams Indy Metro NE

Last Buyer's Agent

Joshua Carpenter

Trueblood Real Estate

Trueblood Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $796

Year Built

  • Built in 1950

Lot Details

  • 8,059 Sq Ft Lot
  • Mature Trees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • Cathedral Ceiling
  • Paddle Fans
  • Skylights
  • Wood Frame Window
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit

Location

  • Suburban Location

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • North Lawrence Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 277 / 5th
  • Assessor Parcel Number 490712111030000407

Home Details

Home Type

Single Family

Est. Annual Taxes

$796

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1950
  • Building Area Total: 1040
  • Garage Y N: Yes
  • Lot Size Acres: 0.19
  • Subdivision Name: North Lawrence Park
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Floor Number: 1
  • MBR_AttributionContact: whitneystrange@kw.com
  • Attribution Contact: whitneystrange@kw.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, MicroHood, Microwave, Electric Oven, Refrigerator, Washer, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Skylight(s), Windows Wood, Paddle Fan, Eat-in Kitchen
  • Living Area: 1040
  • Other Equipment: Satellite Dish Paid, Smoke Alarm
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1040
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Outdoor Fire Pit
  • Fencing: Fence Full Rear
  • Foundation Details: Slab
  • Patio And Porch Features: Covered Porch

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached, Asphalt, Garage Door Opener

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • 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: Sidewalks, Suburb, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 8059
  • Parcel Number: 490712111030000407
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 796
  • Tax Block: 5th
  • Tax Lot: 277
  • Semi Annual Property Tax Amt: 398
  • Tax Exemption: Homestead Tax Exemption,Mortage 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
Aug 18, 2023
Closed on
Sep 15, 2023
Sold by
Hinchman Brent
Bought by
Graham Amanda R
Seller's Agent
Whitney Strange
Keller Williams Indy Metro NE
Buyer's Agent
Joshua Carpenter
Trueblood Real Estate
List Price
$169,900
Sold Price
$167,500
Premium/Discount to List
-$2,400
-1.41%
Views
16
Current Estimated Value
$174,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,578
Avg. Annual Appreciation
1.67%
Original Mortgage
$134,000
Outstanding Balance
$131,158
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$42,920

Purchase Details

Listed on
Aug 18, 2023
Closed on
Sep 14, 2023
Sold by
Hinchman Brent
Bought by
Graham Amanda R
Seller's Agent
Whitney Strange
Keller Williams Indy Metro NE
Buyer's Agent
Joshua Carpenter
Trueblood Real Estate
List Price
$169,900
Sold Price
$167,500
Premium/Discount to List
-$2,400
-1.41%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Outstanding Balance
$131,158
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$42,920

Purchase Details

Listed on
Jun 21, 2014
Closed on
Aug 28, 2014
Sold by
Demlow Robert M and Demlow Christi M
Bought by
Hinchman Brent In
Seller's Agent
Mark Simison
Dropped Members
Buyer's Agent
Randy King
List Price
$79,900
Sold Price
$77,700
Premium/Discount to List
-$2,200
-2.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.86%
Original Mortgage
$3,108
Interest Rate
4.11%
Mortgage Type
Stand Alone Second
Source: Public Records
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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
Graham Amanda R -- Chicago Title
Graham Amanda R $167,500 Chicago Title
Hinchman Brent In $77,700 Springdale Title Llc
Hinchman Brent -- Springdale Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graham Amanda R $134,000
Closed Graham Amanda R $134,000
Previous Owner Hinchman Brent $3,108
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2023 09/15/23 Sold $167,500 -1.4% $161 / Sq Ft
08/19/2023 08/19/23 Pending -- -- --
08/19/2023 08/19/23 For Sale $169,900 +118.7% $163 / Sq Ft
08/28/2014 08/28/14 Sold $77,700 -2.8% $75 / Sq Ft View Prior Sale
08/22/2014 08/22/14 Pending -- -- --
06/20/2014 06/20/14 For Sale $79,900 -- $77 / 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 $1,070 $167,300 $16,300 $151,000
2023 $1,070 $112,600 $16,300 $96,300
2022 $1,042 $103,300 $16,300 $87,000
2021 $797 $85,200 $16,300 $68,900
2020 $772 $83,000 $13,100 $69,900
2019 $634 $79,000 $13,100 $65,900
2018 $607 $76,800 $13,100 $63,700
2017 $555 $70,900 $13,100 $57,800
2016 $530 $67,900 $13,100 $54,800
2014 $334 $63,900 $13,100 $50,800
2013 $1,236 $61,800 $13,100 $48,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21938600

MIBOR Broker Listing Cooperative®

APN: 49-07-12-111-030.000-407