NOT LISTED FOR SALE

Estimated Value: $66,861 - $126,000

1 Bed
1 Bath
1,026 Sq Ft
$87/Sq Ft Est. Value

Last Sold December 10, 2020

Last sale price $23,000 $22 Per Sq Ft

Est. 290% increase in value since last sale

Current estimated payment $557/month

138 Days on Market

About This Home

As of December 2020

This land bank property is a small bungalow situated in the Riverside area.

Renew Indianapolis operates the Land Bank for the City of Indianapolis. Properties are sold through an application and approval process via the Renew Indianapolis website; application requires proof of funds a project proposal. Requests to see the property may also be made via Renew's website. Price is non-negotiable. Proposed construction/rehab must be completed within 24 months and before the resale of property can occur. For further details go to the Renew Indianapolis website.

Last Agent to Sell the Property

Bruce Baird

Intend Indiana, Inc. Listed on: 05/13/2020

Co-Listed By

Stephanie Quick

Intend Indiana, Inc. License #RB20000351

Last Buyer's Agent

Peter Stewart

Peter Stewart Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $336

Year Built

  • Built in 1920

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • Block Foundation

Interior Spaces

  • 1,026 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • L-Shaped Dining Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Community Details

  • Allens 2Nd North Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490626150042000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$336

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow/Shotgun,Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1920
  • Co List Office Phone: 317-924-8116
  • Garage Y N: No
  • Lot Size Acres: 0.09
  • Subdivision Name: ALLENS 2ND NORTH ADD
  • Inspection Warranties: Not Applicable
  • Property Description: This land bank property is a small bungalow situated in the Riverside area. Renew Indianapolis operates the Land Bank for the City of Indianapolis. Properties are sold through an application and approval process via the Renew Indianapolis website; application requires proof of funds a project proposal. Requests to see the property may also be made via Renew's website. Price is non-negotiable. Proposed construction/rehab must be completed within 24 months and before the resale of property can occur. For further details go to the Renew Indianapolis website.
  • 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: 1
  • Interior Amenities: Windows Vinyl
  • Living Area: 1026
  • Other Equipment: Not Applicable
  • Room Count: 4
  • Eating Area: Dining-L
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 684
  • Main Level Sq Ft: 684
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1026
  • Below Grade Sq Ft: 342
  • Pct Optional Level Finished: 0-25%

Exterior Features

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

Garage/Parking

  • Fuel: Electric,Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: None
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: No Water Heater

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490626150042000101
  • Acres: <1/4 Acre
  • Lot Number: 1037126
  • Lot Size: 3,920

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 336
  • Semi Annual Property Tax Amt: 168
  • Tax Exemption: OtherTaxExemption/See Remarks

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2020
Closed on
Dec 8, 2020
Sold by
Renew Indianapolis Inc
Bought by
Capitana Homes Llc
Seller's Agent
Bruce Baird
Intend Indiana, Inc.
Buyer's Agent
Peter Stewart
Peter Stewart Realty LLC
List Price
$23,000
Sold Price
$23,000
Current Estimated Value
$89,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,715
Avg. Annual Appreciation
32.17%

Purchase Details

Listed on
May 13, 2020
Closed on
Dec 2, 2020
Sold by
Indianapolis City
Bought by
Renew Indianapolis Inc
Seller's Agent
Bruce Baird
Intend Indiana, Inc.
Buyer's Agent
Peter Stewart
Peter Stewart Realty LLC
List Price
$23,000
Sold Price
$23,000

Purchase Details

Closed on
Jun 15, 2017
Sold by
Marion County Auditor
Bought by
City Of Indianapolis
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Capitana Homes Llc -- None Available
Renew Indianapolis Inc -- None Available
City Of Indianapolis $1,000 --
Department Of Metropolitan Development $1,615 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2020 12/10/20 Sold $23,000 0.0% $22 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
05/13/2020 05/13/20 For Sale $23,000 -- $22 / 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 $1,056 $46,100 $9,800 $36,300
2023 $1,056 $41,600 $9,800 $31,800
2022 $964 $41,600 $9,800 $31,800
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $62 $16,700 $2,600 $14,100
2016 $397 $16,200 $2,600 $13,600
2014 $357 $16,500 $2,600 $13,900
2013 $414 $19,900 $2,600 $17,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21709906

MIBOR Broker Listing Cooperative®

APN: 49-06-26-150-042.000-101