NOT LISTED FOR SALE

950 N Somerset Ave Indianapolis, IN 46222

Fairfax Neighborhood

Estimated Value: $92,000 - $118,307

2 Beds
1 Bath
1,400 Sq Ft
$76/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $79,900 $57 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $773/month

4 Days on Market

Highlights

  • Wood Frame Window
  • Eat-In Kitchen
  • 1-Story Property
  • 1 Car Detached Garage
  • Shed
  • Forced Air Heating System

About This Home

As of July 2021

Move in ready westside bungalow waiting for its next owner. Fresh paint and new carpet recently installed. Home is a quick drive to downtown Indy and Speedway giving plenty of entertainment options. Home would be great as owner occupy or as a cash generating rental. Believe market rent is in the $850 range.

Last Agent to Sell the Property

David Mann

Resolute Realty License #RB15000944 Listed on: 06/25/2021

Last Buyer's Agent

Joseph Gray

HoosierWise Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $880

Year Built

  • Built in 1932

Lot Details

  • 4,356

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation
  • Wood Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Wood Frame Window
  • Attic Access Panel
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Shed
  • 4,356 Sq Ft Lot

Community Details

  • Fairfax Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491105117112000901

Home Details

Home Type

Single Family

Est. Annual Taxes

$880

Year Built

Built in 1932

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1932
  • Building Area Total: 1400
  • Garage Y N: Yes
  • Lot Size Acres: 0.1
  • Subdivision Name: FAIRFAX
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Gas Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access, Windows Wood
  • Other Equipment: Smoke Detector
  • Eating Area: None
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 700
  • Main Level Sq Ft: 700
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Eat In
  • Below Grade Sq Ft: 700
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Wood Siding
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini
  • Foundation Details: Block
  • List Price: 79900
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Gas
  • Garage Parking Description: Detached

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491105117112000901
  • Acres: <1/4 Acre
  • Lot Number: 333
  • Lot Size: 130x35

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 880
  • Semi Annual Property Tax Amt: 440
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Jul 29, 2021
Sold by
Collisi Michael J
Bought by
Bouey Jachelle
Seller's Agent
David Mann
Resolute Realty
Buyer's Agent
Joseph Gray
HoosierWise Realty
List Price
$79,900
Sold Price
$79,900
Current Estimated Value
$115,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,701
Avg. Annual Appreciation
8.59%
Original Mortgage
$63,920
Interest Rate
2.8%
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
Bouey Jachelle -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bouey Jachelle $63,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $79,900 0.0% $57 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $79,900 -- $57 / 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 $1,694 $70,700 $2,900 $67,800
2023 $1,694 $68,500 $2,900 $65,600
2022 $1,605 $65,100 $2,900 $62,200
2021 $1,061 $43,100 $2,900 $40,200
2020 $881 $35,200 $2,900 $32,300
2019 $832 $32,500 $2,900 $29,600
2018 $806 $31,200 $2,900 $28,300
2017 $720 $31,000 $2,900 $28,100
2016 $803 $35,700 $2,900 $32,800
2014 $798 $36,900 $2,900 $34,000
2013 $882 $34,600 $2,900 $31,700
Source: Public Records

Agents Affiliated with this Home

  • David Mann

    Seller's Agent in 2021

    David Mann

    Resolute Realty

    (812) 327-2101

    1 in this area

    111 Total Sales

    Section Image

  • J

    Buyer's Agent in 2021

    Joseph Gray

    HoosierWise Realty

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21794731

MIBOR Broker Listing Cooperative®

APN: 49-11-05-117-112.000-901

Indiana Marion County Indianapolis 46222 Fairfax

950 N Somerset Ave, Indianapolis, IN

This home is located at 950 N Somerset Ave, Indianapolis, IN 46222 since 25 June 2021 and is currently estimated at $106,327, approximately $75 per square foot. This property was built in 1932. 950 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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