NOT LISTED FOR SALE

902 N Somerset Ave Indianapolis, IN 46222

Fairfax Neighborhood

Estimated Value: $61,000 - $119,000

2 Beds
1 Bath
981 Sq Ft
$97/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $50,000 $51 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $559/month

Highlights

  • No HOA
  • Bungalow
  • Combination Dining and Living Room
  • Woodwork
  • 1-Story Property

About This Home

As of February 2024

This property is located along the B&O trail on the west side of Indianapolis. A perfect property for an investor and priced accordingly. There is a lot to clean up but the bones of this home are strong. Don't miss out today on the opportunity to purchase and renovate this Indianapolis property.

Last Agent to Sell the Property

Matt Steward

F.C. Tucker Company Brokerage Email: Matt.Steward@talktotucker.com License #RB19001329 Listed on: 02/08/2024

F.C. Tucker Company

Last Buyer's Agent

Matt Steward

F.C. Tucker Company Brokerage Email: Matt.Steward@talktotucker.com License #RB19001329 Listed on: 02/08/2024

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $386

Year Built

  • Built in 1930

Lot Details

  • 7,275 Sq Ft Lot

Home Design

  • Bungalow
  • Fixer Upper
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation

Interior Spaces

  • 981 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Cellar
  • Basement Lookout

Community Details

  • No Home Owners Association
  • Fairfax Subdivision

Listing and Financial Details

  • Tax Lot 9016052
  • Assessor Parcel Number 491105117051000901

Home Details

Home Type

Single Family

Est. Annual Taxes

$386

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1930
  • Building Area Total: 1791
  • Garage Y N: No
  • Lot Size Acres: 0.17
  • Subdivision Name: Fairfax
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: Matt.Steward@talktotucker.com
  • Attribution Contact: Matt.Steward@talktotucker.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Cellar, Daylight/Lookout Windows, Unfinished
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Wood Work Painted
  • Living Area: 981
  • Main Level Bedrooms: 2
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 981
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Block, Brick
  • List Price: 59000
  • Property Condition: Fixer

Garage/Parking

  • Garage Sq Ft: 0

Utilities

  • Cooling: None
  • Heating: No Heating
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 7275
  • Parcel Number: 491105117051000901
  • Acres: <1/4 Acre
  • Price Acre: 294118

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 386
  • Tax Lot: 9016052
  • Semi Annual Property Tax Amt: 193
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Feb 14, 2024
Sold by
Tomey Diane
Bought by
Meles Awet Sbhatu
Seller's Agent
Matt Steward
F.C. Tucker Company
Buyer's Agent
Matt Steward
F.C. Tucker Company
List Price
$59,000
Sold Price
$50,000
Premium/Discount to List
-$9,000
-15.25%
Views
17
Current Estimated Value
$95,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,541
Avg. Annual Appreciation
51.74%

Purchase Details

Closed on
Jan 27, 2016
Sold by
Tomey Diane and Estate Of Marlow Walter Tomey
Bought by
Tomey Diane
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
Meles Awet Sbhatu $50,000 None Listed On Document
Tomey Diane -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $50,000 -15.3% $51 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $59,000 -- $60 / 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 $621 $79,300 $3,800 $75,500
2023 $621 $76,800 $3,800 $73,000
2022 $634 $73,000 $3,800 $69,200
2021 $471 $48,600 $3,800 $44,800
2020 $397 $39,800 $3,800 $36,000
2019 $378 $36,800 $3,800 $33,000
2018 $372 $35,400 $3,800 $31,600
2017 $330 $34,800 $3,800 $31,000
2016 $121 $40,100 $3,800 $36,300
2014 $59 $41,200 $3,800 $37,400
2013 $59 $38,600 $3,800 $34,800
Source: Public Records

Agents Affiliated with this Home

  • Matt Steward

    Seller's Agent in 2024

    Matt Steward

    F.C. Tucker Company

    (317) 270-4898

    1 in this area

    84 Total Sales

    Matt Steward
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21963260

MIBOR Broker Listing Cooperative®

APN: 49-11-05-117-051.000-901

Indiana Marion County Indianapolis 46222 Fairfax

902 N Somerset Ave, Indianapolis, IN

This home is located at 902 N Somerset Ave, Indianapolis, IN 46222 since 08 February 2024 and is currently estimated at $95,541, approximately $97 per square foot. This property was built in 1930. 902 N Somerset Ave is a home located in Marion County with nearby schools including The PATH School, George Washington Community High School (9-12), and Arsenal Technical High School.

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.

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