NOT LISTED FOR SALE

8731 Balboa Ct Indianapolis, IN 46226

Far Eastside Neighborhood

Estimated Value: $148,000 - $163,000

3 Beds
1 Bath
1,217 Sq Ft
$129/Sq Ft Est. Value

Last Sold October 29, 2015

Last sale price $18,000 $15 Per Sq Ft

Est. 770% increase in value since last sale

Current estimated payment $889/month

11 Days on Market

Highlights

  • Ranch Style House
  • Central Air
  • Garage
  • Breakfast Room

About This Home

As of October 2015

Investment property with good bones! This home offers 3 bedrooms, a fenced yard. Could make a good rental property.

Last Agent to Sell the Property

Susan Odom

Listed on: 10/01/2015

Last Buyer's Agent

Butch Stanifer

Stanifer & Associates Real Est

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 8,364 Sq Ft Lot

Parking

  • Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 1,217 Sq Ft Home
  • Window Screens
  • Breakfast Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Glicks East 38Th St Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490818101106000401

Home Details

Home Type

Single Family

Year Built

Built in 1962

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: 1962
  • Garage Y N: Yes
  • Lot Size Acres: 0.192
  • Subdivision Name: GLICKS EAST 38TH ST ADD
  • Inspection Warranties: Not Applicable
  • Property Description: Investment property with good bones! This home offers 3 bedrooms, a fenced yard. Could make a good rental property.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Screens Some
  • Living Area: 1217
  • Other Equipment: Not Applicable
  • Room Count: 2
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1217
  • Main Level Sq Ft: 1217
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: See Remarks
  • Total Sq Ft: 1217
  • Below Grade Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Foundation Details: Crawl Space
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 1 Car Attached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490818101106000401
  • Acres: <1/4 Acre
  • Lot Number: 654
  • Lot Size: 8,364

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1106
  • Semi Annual Property Tax Amt: 553
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Lawrence Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2016
Sold by
Indianapolis Real Estate Investments Llc
Bought by
J & P Homes Llc
Current Estimated Value
$156,530

Purchase Details

Closed on
Mar 18, 2016
Sold by
Indianapolis Real Estate Investments Llc
Bought by
Maldonado Elvin G Funez and Escobar Jesica O Villeda

Purchase Details

Listed on
Oct 1, 2015
Closed on
Oct 29, 2015
Sold by
Ishman Lee
Bought by
Indianapolis Real Estate Investments Llc
Seller's Agent
Susan Odom
Buyer's Agent
Butch Stanifer
Stanifer & Associates Real Est
List Price
$20,000
Sold Price
$18,000
Premium/Discount to List
-$2,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.04%
Original Mortgage
$35,530
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2013
Sold by
Ishman Alfred B
Bought by
Ishman Lee
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
J & P Homes Llc -- None Available
Maldonado Elvin G Funez $75,000 None Available
Indianapolis Real Estate Investments Llc -- Title Alliance Of Indy Metro
Ishman Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Indianapolis Real Estate Investments Llc $35,530
Closed Maldonado Elvin G Funez $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2015 10/29/15 Sold $18,000 -10.0% $15 / Sq Ft
10/13/2015 10/13/15 Pending -- -- --
10/01/2015 10/01/15 For Sale $20,000 -- $16 / 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 $785 $97,600 $9,600 $88,000
2023 $785 $90,000 $9,600 $80,400
2022 $780 $80,700 $9,600 $71,100
2021 $614 $67,900 $9,600 $58,300
2020 $564 $61,800 $4,000 $57,800
2019 $565 $58,100 $4,000 $54,100
2018 $1,437 $56,000 $4,000 $52,000
2017 $1,250 $54,200 $4,000 $50,200
2016 $453 $52,700 $4,000 $48,700
2014 $1,107 $50,800 $4,000 $46,800
2013 $510 $50,800 $4,000 $46,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Susan Odom

  • B

    Buyer's Agent in 2015

    Butch Stanifer

    Stanifer & Associates Real Est

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21379658

MIBOR Broker Listing Cooperative®

APN: 49-08-18-101-106.000-401

Indiana Marion County Indianapolis 46226 Far Eastside

8731 Balboa Ct, Indianapolis, IN

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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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