NOT LISTED FOR SALE

925 N Somerset Ave Indianapolis, IN 46222

Fairfax Neighborhood

Estimated Value: $123,000 - $166,528

3 Beds
1 Bath
1,161 Sq Ft
$127/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $109,000 $94 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $975/month

61 Days on Market

About This Home

As of June 2021

LOCATION! LOCATION! LOCATION! Check out this gorgeous bungalow in the charming Fairfax Neighborhood! Being nestled between Downtown Indy and Speedway brings many close amenities. BRAND NEW updates all throughout, such as all new flooring and kitchen updates! Get your offers in quick because this beauty will not last long!

Last Agent to Sell the Property

Lauren Hicks

@Home Indiana License #RB14050048 Listed on: 03/12/2021

Last Buyer's Agent

Carl McQuay

Keller Williams Indy Metro W

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $768

Year Built

  • Built in 1923

Lot Details

  • 4,530 Sq Ft Lot

Home Design

  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Window Screens
  • Family or Dining Combination
  • Fire and Smoke Detector
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • Fairfax Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491105117358000901

Home Details

Home Type

Single Family

Est. Annual Taxes

$768

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1923
  • Building Area Total: 1161
  • Garage Y N: No
  • Lot Size Acres: 0.104
  • Subdivision Name: FAIRFAX
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Lifestyles: Other/See Remarks
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: None
  • Levels: Two
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Screens Complete
  • Other Equipment: Smoke Detector
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1061
  • Main Level Sq Ft: 816
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Below Grade Sq Ft: 100
  • Upper Level Sq Ft: 245
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 104000
  • Association Maintained Building Exterior: 0

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491105117358000901
  • Acres: <1/4 Acre
  • Lot Number: 350
  • Lot Size: 4,530

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 768
  • Semi Annual Property Tax Amt: 384
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
Jun 25, 2021
Sold by
Somerset Trust
Bought by
Robles Manuel
Seller's Agent
Lauren Hicks
@Home Indiana
Buyer's Agent
Carl McQuay
Keller Williams Indy Metro W
List Price
$119,000
Sold Price
$109,000
Premium/Discount to List
-$10,000
-8.4%
Current Estimated Value
$146,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,882
Avg. Annual Appreciation
6.83%
Original Mortgage
$3,640
Outstanding Balance
$3,342
Interest Rate
2.98%
Estimated Equity
$140,120

Purchase Details

Closed on
Mar 22, 2019
Sold by
Wise Patrica L
Bought by
Somerset Trust
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
Robles Manuel $104,000 None Available
Somerset Trust $17,000 Monument Title Insurance Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robles Manuel $3,640
Open Robles Manuel $102,116
Closed Robles Manuel $3,640
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $109,000 -8.4% $94 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $119,000 +9.2% $102 / Sq Ft
03/18/2021 03/18/21 Off Market $109,000 -- --
03/12/2021 03/12/21 For Sale $119,000 -- $102 / 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 $2,094 $88,000 $2,900 $85,100
2023 $2,094 $85,300 $2,900 $82,400
2022 $1,982 $81,000 $2,900 $78,100
2021 $1,065 $43,200 $2,900 $40,300
2020 $884 $35,300 $2,900 $32,400
2019 $833 $32,500 $2,900 $29,600
2018 $810 $31,300 $2,900 $28,400
2017 $721 $31,000 $2,900 $28,100
2016 $804 $35,700 $2,900 $32,800
2014 $795 $36,700 $2,900 $33,800
2013 $717 $34,400 $2,900 $31,500
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lauren Hicks

    @Home Indiana

    (317) 777-0210

    5 in this area

    127 Total Sales

    Lauren Hicks
    Section Image

  • C

    Buyer's Agent in 2021

    Carl McQuay

    Keller Williams Indy Metro W

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21771126

MIBOR Broker Listing Cooperative®

APN: 49-11-05-117-358.000-901

Indiana Marion County Indianapolis 46222 Fairfax

925 N Somerset Ave, Indianapolis, IN

This home is located at 925 N Somerset Ave, Indianapolis, IN 46222 since 12 March 2021 and is currently estimated at $146,882, approximately $126 per square foot. This property was built in 1923. 925 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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