NOT LISTED FOR SALE

Estimated Value: $92,000 - $166,000

3 Beds
1.5 Baths
1,904 Sq Ft
$75/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $40,000 $21 Per Sq Ft

Est. 255% increase in value since last sale

Current estimated payment $902/month

19 Days on Market

Highlights

  • Mature Trees
  • Thermal Windows
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • Eat-In Kitchen
  • Garage

About This Home

As of May 2017

Wonderful investment property. Currently rented for $750 a month. Good starter home or home to downsize. Full finished basement and two full bathrooms. Basement has space for entertaining. Don't pass this charming home up.

Last Agent to Sell the Property

Regenia Clemons

Eaglecrest Realty Group, LLC License #RB14048374 Listed on: 05/03/2017

Last Buyer's Agent

Dustin Romack

Vinebrook Homes, LLC License #RB14028443

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $800

Year Built

  • Built in 1961

Lot Details

  • 6,534 Sq Ft Lot
  • Back Yard Fenced
  • Mature Trees

Home Design

  • Ranch Style House
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,904 Sq Ft Home
  • Thermal Windows
  • Attic Access Panel
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Garage
  • Driveway

Utilities

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

Community Details

  • Franklin Heights Subdivision

Listing and Financial Details

  • Security Deposit $750
  • Tenant pays for security, cable TV, insurance, all utilities
  • The owner pays for taxes
  • Assessor Parcel Number 490819104099000701

Home Details

Home Type

Single Family

Est. Annual Taxes

$800

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: 2015
  • Year Built: 1961
  • Garage Y N: Yes
  • Lot Size Acres: 0.15
  • Subdivision Name: FRANKLIN HEIGHTS
  • Inspection Warranties: Not Applicable
  • Property Description: Wonderful investment property. Currently rented for $750 a month. Good starter home or home to downsize. Full finished basement and two full bathrooms. Basement has space for entertaining. Don't pass this charming home up.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Windows Thermal
  • Living Area: 1904
  • Other Equipment: Smoke Detector
  • Owner Pays: Taxes
  • Room Count: 6
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 952
  • Main Level Sq Ft: 952
  • Basement Half Bathrooms: 1
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Main Level
  • Total Sq Ft: 1904
  • Below Grade Sq Ft: 952
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 25-50%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fence Full Rear
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Porch Open

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
  • Utility Options: Gas Connected
  • Water Heater: Gas

Condo/Co-op/Association

  • Pets Allowed: W/Approval

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490819104099000701
  • Acres: <1/4 Acre
  • Lot Information: Tree Mature
  • Lot Number: 184
  • Lot Size: A 60X110

Green Features

  • Green Certification Y N: 0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Security, Cable TV, Insurance, All Utilities
  • Min Lease Req: 12
  • Pet Deposit: 250
  • Security Deposit: 750
  • Smoking: 0

Tax Info

  • Tax Annual Amount: 800
  • Semi Annual Property Tax Amt: 400
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2017
Closed on
May 31, 2017
Sold by
Kelly M
Bought by
Vp Dana W and Vp Sprong
Seller's Agent
Regenia Clemons
Eaglecrest Realty Group, LLC
Buyer's Agent
Dustin Romack
Vinebrook Homes, LLC
List Price
$47,500
Sold Price
$40,000
Premium/Discount to List
-$7,500
-15.79%
Current Estimated Value
$141,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,967
Avg. Annual Appreciation
15.97%
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
Vp Dana W $40,000 --
Vbannex B Borrower Llc $40,000 Meridian Title Corp
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2017 05/31/17 Sold $40,000 -15.8% $21 / Sq Ft
05/22/2017 05/22/17 Pending -- -- --
05/15/2017 05/15/17 For Sale $47,500 0.0% $25 / Sq Ft
05/03/2017 05/03/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $47,500 -- $25 / 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 $1,912 $87,500 $9,500 $78,000
2023 $1,912 $76,900 $9,500 $67,400
2022 $1,666 $66,900 $9,500 $57,400
2021 $1,434 $58,500 $9,500 $49,000
2020 $1,354 $54,900 $11,500 $43,400
2019 $1,299 $51,600 $11,500 $40,100
2018 $1,241 $48,800 $11,500 $37,300
2017 $1,054 $46,000 $11,500 $34,500
2016 $356 $43,800 $11,500 $32,300
2014 $276 $38,400 $11,500 $26,900
2013 $308 $42,700 $11,500 $31,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21482368

MIBOR Broker Listing Cooperative®

APN: 49-08-19-104-099.000-701