$82,000
SOLD DEC 4, 2024

940 N Somerset Ave Indianapolis, IN 46222

Fairfax Neighborhood
3 Beds
1 Bath
1,217 Sq Ft
4,530 Sq Ft Lot

Recently Sold

$67 Per Sq Ft

14% Below List Price

67 Days on Market

Highlights

  • Ranch Style House
  • 3 Car Detached Garage
  • Forced Air Heating System
  • No HOA
  • Eat-In Kitchen
  • Combination Kitchen and Dining Room

About This Home

As of March 2025

Charming 3 bedroom 1 bath ranch. This home is ready for your loving touch. Roof 2021, Furnace 2019 and hot water heater 2023. Large fenced in yard perfect for your furry friends.

Last Agent to Sell the Property

Lori McCord

RE/MAX Advanced Realty Brokerage Email: loriyourhomegirl@gmail.com License #RB21002013 Listed on: 11/22/2024

RE/MAX Advanced Realty

Last Buyer's Agent

Lori McCord

RE/MAX Advanced Realty Brokerage Email: loriyourhomegirl@gmail.com License #RB21002013 Listed on: 11/22/2024

RE/MAX Advanced Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $702

Year Built

  • Built in 1960

Parking

  • 3 Car Detached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Cement Siding

Interior Spaces

  • Combination Kitchen and Dining Room
  • Attic Access Panel
  • Eat-In Kitchen
  • Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Indianapolis Metropolitan High Sch

Additional Features

  • 4,530 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Fairfax Subdivision

Listing and Financial Details

  • Tax Lot L330
  • Assessor Parcel Number 491105117115000901
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$702

Year Built

Built in 1960

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1960
  • Building Area Total: 1948
  • Garage Y N: Yes
  • Lot Size Acres: 0.1
  • Subdivision Name: Fairfax
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: loriyourhomegirl@gmail.com
  • Attribution Contact: loriyourhomegirl@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Appliances: Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 243
  • Interior Amenities: Attic Access, Eat-in Kitchen
  • Living Area: 1217
  • Main Level Bedrooms: 3
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 974
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Cement Siding
  • Foundation Details: Block
  • List Price: 95000

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Detached
  • Garage Sq Ft: 720

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 4530
  • Parcel Number: 491105117115000901
  • Acres: <1/4 Acre
  • Price Acre: 820000

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 702
  • Tax Lot: L330
  • Semi Annual Property Tax Amt: 351

MLS Schools

  • High School: Indianapolis Metropolitan High Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2024
Closed on
Dec 4, 2024
Sold by
Abner Mildred M
Bought by
Bush Land Title
Seller's Agent
Lori McCord
RE/MAX Advanced Realty
Buyer's Agent
Lori McCord
RE/MAX Advanced Realty
List Price
$95,000
Sold Price
$82,000
Premium/Discount to List
-$13,000
-13.68%
Views
1
Current Estimated Value
$194,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,091
Avg. Annual Appreciation
302.56%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $82,000 Trademark Title Services
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $209,900 0.0% $108 / Sq Ft
02/15/2025 02/15/25 Pending -- -- --
02/13/2025 02/13/25 For Sale $209,900 +156.0% $108 / Sq Ft
12/04/2024 12/04/24 Sold $82,000 -13.7% $67 / Sq Ft
11/22/2024 11/22/24 Pending -- -- --
09/16/2024 09/16/24 For Sale $95,000 -- $78 / 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 $836 $97,200 $2,900 $94,300
2023 $836 $94,200 $2,900 $91,300
2022 $787 $89,400 $2,900 $86,500
2021 $438 $58,700 $2,900 $55,800
2020 $365 $49,400 $2,900 $46,500
2019 $338 $45,500 $2,900 $42,600
2018 $330 $43,700 $2,900 $40,800
2017 $293 $43,100 $2,900 $40,200
2016 $324 $49,900 $2,900 $47,000
2014 $286 $51,100 $2,900 $48,200
2013 $355 $47,800 $2,900 $44,900
Source: Public Records

Agents Affiliated with this Home

  • Shannon Adair

    Seller's Agent in 2025

    Shannon Adair

    Canon Real Estate Services LLC

    (317) 339-9115

    10 in this area

    255 Total Sales

    Shannon Adair
    Section Image

  • C

    Seller Co-Listing Agent in 2025

    CANDACE BREZKO

    Canon Real Estate Services LLC

    (317) 599-9146

    8 in this area

    234 Total Sales

    CANDACE BREZKO
    Section Image

  • A

    Buyer's Agent in 2025

    Aaron Jurek

    eXp Realty, LLC

    (317) 435-6744

    1 in this area

    40 Total Sales

    Aaron Jurek
    Section Image
  • Lori McCord

    Seller's Agent in 2024

    Lori McCord

    RE/MAX Advanced Realty

    (317) 258-9904

    1 in this area

    45 Total Sales

    Lori McCord
    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22002978

MIBOR Broker Listing Cooperative®

APN: 49-11-05-117-115.000-901

Indiana Marion County Indianapolis 46222 Fairfax

940 N Somerset Ave, Indianapolis, IN

This home is located at 940 N Somerset Ave, Indianapolis, IN 46222 and is currently priced at $82,000, approximately $67 per square foot. This property was built in 1960. 940 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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