NOT LISTED FOR SALE

938 Dr M King Jr St Indianapolis, IN 46202

Indiana Avenue Neighborhood

Estimated Value: $218,000 - $251,000

2 Beds
2 Baths
1,824 Sq Ft
$129/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $153,000 $84 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,614/month

1 Day on Market

Highlights

  • Wood Flooring
  • Breakfast Bar
  • Combination Kitchen and Dining Room
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Gas Log Fireplace

About This Home

As of October 2020

Amazing Opportunity!! Your chance to own in Ransom Place steps from Downtown is hard to find. This home has great Investment opportunity for rental to students at IUPUI or Airbnb. Also would be make a great renovation with so much to offer. Two bedroom two bath steps from the canal, IUPUI and everything Downtown has to offer. Current owner has rented the property for over $1400 a month for the past several years. You can add on and build your dream home or build a garage. This is a great opportunity to own a great home Downtown.

Last Agent to Sell the Property

Seth Patton

Luxcity Realty License #RB14051044 Listed on: 09/11/2020

Last Buyer's Agent

Jennifer Overett

eXp Realty, LLC

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,614

Year Built

  • Built in 1910

Lot Details

  • 3,093

Home Design

  • Brick Foundation
  • Block Foundation
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

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

Additional Features

  • Covered Patio or Porch
  • 3,093 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 491102149020000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,614

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1910
  • Garage Y N: No
  • Lot Size Acres: 0.071
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: LeadBasePaint
  • Property Description: Amazing Opportunity!! Your chance to own in Ransom Place steps from Downtown is hard to find. This home has great Investment opportunity for rental to students at IUPUI or Airbnb. Also would be make a great renovation with so much to offer. Two bedroom two bath steps from the canal, IUPUI and everything Downtown has to offer. Current owner has rented the property for over $1400 a month for the past several years. You can add on and build your dream home or build a garage. This is a great opportunity to own a great home Downtown.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Electric Cooktop, Dishwasher, Disposal, Refrigerator
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Insert, Gas Log, Living Room
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • Living Area: 1824
  • Other Equipment: Smoke Detector
  • Room Count: 5
  • Areas Interior: Laundry Room Main Level,Utility Room
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1280
  • Main Level Sq Ft: 736
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1824
  • Kitchen Features: Breakfast Bar
  • Below Grade Sq Ft: 544
  • Upper Level Sq Ft: 544
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Cement Siding, Wood
  • Disclosures: Not Applicable
  • Foundation Details: Block, Brick
  • List Price: 175000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None
  • Garage Parking Other: Assigned Parking Outside,Rear Load Garage

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491102149020000101
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Storm Sewer,Street Lights
  • Lot Number: 164
  • Lot Size: 3,093

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2614
  • Semi Annual Property Tax Amt: 1307
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Sep 28, 2020
Sold by
Skk Estates Llc
Bought by
Chen Chi Chung and Chen Chien Hui
Seller's Agent
Seth Patton
Luxcity Realty
Buyer's Agent
Jennifer Overett
eXp Realty, LLC
List Price
$175,000
Sold Price
$153,000
Premium/Discount to List
-$22,000
-12.57%
Current Estimated Value
$228,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,823
Avg. Annual Appreciation
8.69%

Purchase Details

Closed on
Aug 10, 2009
Sold by
Jafari Ali
Bought by
Skk Estates
Source: Public Records

Range of Values:

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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
Chen Chi Chung $153,000 Chicago Title
Skk Estates -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kegley Robert P $120,962
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $153,000 -12.6% $84 / Sq Ft
09/13/2020 09/13/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $175,000 -- $96 / 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 $4,400 $182,600 $34,300 $148,300
2023 $4,400 $182,600 $34,300 $148,300
2022 $4,561 $209,200 $34,300 $174,900
2021 $4,097 $174,700 $15,400 $159,300
2020 $3,345 $141,600 $15,400 $126,200
2019 $3,211 $133,300 $15,400 $117,900
2018 $3,134 $128,900 $15,400 $113,500
2017 $2,676 $123,100 $15,400 $107,700
2016 $2,608 $122,600 $15,400 $107,200
2014 $2,335 $108,000 $15,400 $92,600
2013 $2,237 $107,600 $15,400 $92,200
Source: Public Records

Agents Affiliated with this Home

  • Seth Patton

    Seller's Agent in 2020

    Seth Patton

    Luxcity Realty

    (317) 796-0661

    2 in this area

    68 Total Sales

    Section Image

  • J

    Buyer's Agent in 2020

    Jennifer Overett

    eXp Realty, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21738349

MIBOR Broker Listing Cooperative®

APN: 49-11-02-149-020.000-101

Indiana Marion County Indianapolis 46202 Indiana Avenue

938 Dr M King Jr St, Indianapolis, IN

This home is located at 938 Dr M King Jr St, Indianapolis, IN 46202 since 11 September 2020 and is currently estimated at $234,688, approximately $128 per square foot. This property was built in 1910. 938 Dr M King Jr St is a home located in Marion County with nearby schools including Riverside School 44, Northwest Middle School, 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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