NOT LISTED FOR SALE

938 Jefferson Ave Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $352,000 - $443,034

2 Beds
1 Bath
2,922 Sq Ft
$138/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $408,160 $140 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,322/month

6 Days on Market

About This Home

As of March 2024

This is a beautifully renovated duplex that features a bedroom, a gorgeous brand-new kitchen, a half bath, and laundry hookups on the main level. The second level offers two spacious bedrooms and a gorgeously tiled bathroom - the exact same layout is mirrored on the other side. The property comes with SimpliSafe and kitchen appliances included. It's a great investment opportunity, allowing you to live on one side and rent out the other or start making money immediately with good appreciation potential. The duplex is located in the heart of Woodruff Place, near Bottleworks, The Garage, Mass Ave, and everything downtown has to offer.

Last Agent to Sell the Property

Gloria Gear

Keller Williams Indy Metro S Brokerage Email: gloria@gearregroup.com License #RB16001575 Listed on: 03/01/2024

Keller Williams Indy Metro S

Last Buyer's Agent

Max Moore

@properties License #RB22000396

@properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,006

Year Built

  • Built in 1955

Lot Details

  • 5,227

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Washer and Dryer Hookup
  • Basement

Home Security

  • Home Security System
  • Fire and Smoke Detector

Additional Features

  • 5,227 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • Cleveland Place Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for no utilities, taxes
  • Tax Lot 11
  • Assessor Parcel Number 491006119026000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,006

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1955
  • Lot Size Acres: 0.12
  • Subdivision Name: Cleveland Place
  • Transaction Type: Sale
  • Conversion: Yes
  • Price Unit: 204080
  • MBR_AttributionContact: gloria@gearregroup.com
  • Multi Rooms: 8
  • Attribution Contact: gloria@gearregroup.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: No Utilities, Taxes
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 400000
  • Road Access: Frontage Road

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air
  • Laundry Features: Connections All
  • Security Features: Security System, Smoke Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 5227
  • Parcel Number: 491006119026000101
  • Acres: <1/4 Acre
  • Price Acre: 3401333

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4006
  • Tax Lot: 11
  • Semi Annual Property Tax Amt: 2003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Mar 26, 2024
Sold by
Schott Darryl T and Schott Grace
Bought by
Ayson Marl and Ho Jennifer
Seller's Agent
Gloria Gear
Keller Williams Indy Metro S
Buyer's Agent
Max Moore
@properties
List Price
$400,000
Sold Price
$408,160
Premium/Discount to List
$8,160
2.04%
Views
52
Current Estimated Value
$402,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,151
Avg. Annual Appreciation
-9.42%
Original Mortgage
$306,120
Outstanding Balance
$302,870
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$53,545

Purchase Details

Listed on
Jun 12, 2023
Closed on
Aug 2, 2023
Sold by
Peveley Maxine Combs
Bought by
Schott Darryl T and Schott Grace
Seller's Agent
Rolonda Lolla
Austyn Avenue Real Estate
Buyer's Agent
Gloria Gear
Keller Williams Indy Metro W
List Price
$200,000
Sold Price
$175,000
Premium/Discount to List
-$25,000
-12.5%
Views
102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
260.80%
Original Mortgage
$322,500
Interest Rate
6.71%
Mortgage Type
New Conventional
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
Ayson Marl $408,160 Foundation Title
Schott Darryl T $175,000 Hocker Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayson Marl $306,120
Previous Owner Schott Darryl T $322,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $408,160 +2.0% $140 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $400,000 +128.6% $137 / Sq Ft
08/02/2023 08/02/23 Sold $175,000 -12.5% $60 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $200,000 -- $68 / 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 $1,449 $158,100 $34,000 $124,100
2023 $1,449 $150,300 $34,000 $116,300
2022 $1,567 $145,800 $34,000 $111,800
2021 $1,344 $129,100 $34,000 $95,100
2020 $874 $110,600 $2,200 $108,400
2019 $733 $102,500 $2,200 $100,300
2018 $422 $80,000 $2,200 $77,800
2017 $346 $77,900 $2,200 $75,700
2016 $66 $59,700 $2,200 $57,500
2014 $15 $50,000 $2,200 $47,800
2013 $15 $50,000 $2,200 $47,800
Source: Public Records

Agents Affiliated with this Home

  • Gloria Gear

    Seller's Agent in 2024

    Gloria Gear

    Keller Williams Indy Metro S

    (815) 978-7967

    33 in this area

    211 Total Sales

    Section Image

  • M

    Buyer's Agent in 2024

    Max Moore

    @properties

    (317) 476-3338

    18 in this area

    81 Total Sales

    Section Image

  • R

    Seller's Agent in 2023

    Rolonda Lolla

    Austyn Avenue Real Estate

    (317) 345-5590

    2 in this area

    10 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21965846

MIBOR Broker Listing Cooperative®

APN: 49-10-06-119-026.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

938 Jefferson Ave, Indianapolis, IN

This home is located at 938 Jefferson Ave, Indianapolis, IN 46201 since 01 March 2024 and is currently estimated at $402,009, approximately $137 per square foot. This property was built in 1955. 938 Jefferson Ave is a home located in Marion County with nearby schools including Thomas D. Gregg School No. 15, Arlington Community 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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