NOT LISTED FOR SALE

7638 E Michigan St Indianapolis, IN 46219

East Gate Neighborhood

Estimated Value: $211,278 - $229,000

4 Beds
2 Baths
1,743 Sq Ft
$126/Sq Ft Est. Value

Last Sold May 30, 2017

Last sale price $114,000 $65 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,262/month

40 Days on Market

Highlights

  • Ranch Style House
  • Separate Formal Living Room
  • Formal Dining Room
  • Wood Flooring
  • No HOA
  • 2 Car Attached Garage

About This Home

As of May 2017

This home is located at 7638 E Michigan St, Indianapolis, IN 46219 since 24 March 2017 and is currently estimated at $220,320, approximately $126 per square foot. This property was built in 1958. 7638 E Michigan St is a home located in Marion County with nearby schools including Hawthorne Elementary School, Raymond Park Intermediate School (5-6), and Raymond Park Middle School.

Last Agent to Sell the Property

Tom Lazzara

Lazzara Real Estate Listed on: 03/24/2017

Co-Listed By

Valarie Welty

Keller Williams Indy Metro NE

Last Buyer's Agent

James White

Highgarden Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $412

Year Built

  • Built in 1958

Lot Details

  • 0.41 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,743 Sq Ft Home
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Formal Dining Room
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer

Utilities

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

Community Details

  • No Home Owners Association
  • Alamo Terrace Subdivision

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 491001110003000700

Home Details

Home Type

Single Family

Est. Annual Taxes

$412

Year Built

Built in 1958

Lot Details

0.41 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1958
  • Building Area Total: 1743
  • Co List Office Phone: 317-843-0011
  • Garage Y N: Yes
  • Lot Size Acres: 0.413
  • Subdivision Name: Alamo Terrace
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: valwelty.com
  • MBR_AttributionContact: tom@tomlazzara.com
  • Special Features: None

Interior Features

  • Basement: No
  • Basement Type: Crawl Space
  • Appliances: Dishwasher, Dryer, Disposal, Electric Oven, Refrigerator, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Attic Pull Down Stairs, Hardwood Floors, Window Metal
  • Living Area: 1743
  • Areas Interior: Living Room Formal
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1743
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 1743

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Utilities: Cable Available
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 100
  • Parcel Number: 491001110003000700
  • Acres: 1/4-1/2 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 412
  • Tax Lot: 39
  • Semi Annual Property Tax Amt: 206
  • Tax Exemption: Homestead Tax Exemption,Other Tax Exemption/See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2017
Closed on
May 30, 2017
Sold by
Mcdonald Lois M
Bought by
Collins Linda L
Seller's Agent
Tom Lazzara
Lazzara Real Estate
Buyer's Agent
James White
Highgarden Real Estate
List Price
$124,900
Sold Price
$114,000
Premium/Discount to List
-$10,900
-8.73%
Current Estimated Value
$220,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,320
Avg. Annual Appreciation
7.77%
Original Mortgage
$111,935
Outstanding Balance
$91,753
Interest Rate
4.02%
Mortgage Type
FHA
Estimated Equity
$128,567
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Collins Linda L $114,000 --
Collins Linda L $114,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Linda L $111,935
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2017 05/30/17 Sold $114,000 -4.9% $65 / Sq Ft
04/12/2017 04/12/17 Price Changed $119,900 -4.0% $69 / Sq Ft
03/24/2017 03/24/17 For Sale $124,900 -- $72 / 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
2025 $1,396 $159,100 $24,400 $134,700
2024 $1,468 $127,400 $24,400 $103,000
2023 $1,468 $127,400 $24,400 $103,000
2022 $1,501 $127,400 $24,400 $103,000
2021 $1,160 $103,400 $24,400 $79,000
2020 $994 $99,500 $22,100 $77,400
2019 $1,059 $99,500 $22,100 $77,400
2018 $989 $96,000 $22,100 $73,900
2017 $517 $91,900 $19,900 $72,000
2016 $524 $89,300 $19,900 $69,400
2014 $404 $86,400 $19,900 $66,500
2013 $396 $86,400 $19,900 $66,500
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Tom Lazzara

    Lazzara Real Estate

    Section Image

  • V

    Seller Co-Listing Agent in 2017

    Valarie Welty

    Keller Williams Indy Metro NE

    Section Image

  • J

    Buyer's Agent in 2017

    James White

    Highgarden Real Estate

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21474562

MIBOR Broker Listing Cooperative®

APN: 49-10-01-110-003.000-700

Indiana Marion County Indianapolis 46219 East Gate

7638 E Michigan St, Indianapolis, IN

Not Listed for Sale

Detached

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.
Based on information submitted to the MLS GRID

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