When was property at 1137 South Drexel Avenue built and last sold?

The property at 1137 South Drexel Avenue was built in 1948 and last sold on Nov 2, 2023 for $126,937.

How much is this home worth?

The estimated value of the home located at 1137 South Drexel Avenue is $137,187.

What are some comparable homes to 1137 South Drexel Avenue?

Homes that are comparable to 1137 South Drexel Avenue include a house property at 4340 Fletcher Avenue , 4706 Fletcher Avenue , 4018 Terrace Avenue .

Indianapolis

46203

Near Southeast

1137 S Drexel Avenue

1 / 23

Map

$135,000*

● House - Off Market

1137 S Drexel Avenue

Indianapolis, IN 46203

2 Beds

1 Bath

720 Sqft

$122,000 - $148,000

Reference Base Price*

0.00%

Since Dec 1, 2023

National-US

Primary Model

Sold Nov 09, 2023

$126,937

Bates Bobby Dan

Buyer

Inpraedium Quarters Llc

Seller

$125,681 by First Option Mortgage, Llc

Mortgage Due Nov 01, 2053

Sold Sep 21, 2020

$64,705

Inpraedium Quarters Llc

Buyer

Cleo Properties Llc

Seller

$498,225 by Indiana Members Cu

Mortgage

About This Property

Check out this updated home!! No stone was left unturned! Great as a rental property, Airbnb or for an owner occupant. Great location-close to public transportation, restaurants, shopping, entertainment and so much more

The manager has listed the unit size as 720 square feet.

Unit Size

720Ft²

Days on Market

Land Size

0.24 acres

Price per sqft

$188

Property Type

House

Property Taxes

HOA Dues

Year Built

1948

Price History

Date / Event	Date	Event
Nov 9, 2023	Sold to Bobby Dan Bates	$126,937
Sold to Bobby Dan Bates
Nov 2, 2023	No longer available	-
No longer available
Sep 29, 2023	In contract	-
In contract
Aug 22, 2023	Relisted	$135,000
Relisted
Jul 19, 2023	In contract	-
In contract
Jul 11, 2023	Price Decreased	$135,000 ↓ $5K (3.6%)
Price Decreased
May 30, 2023	Listed	$140,000
Listed
Sep 21, 2020	Sold	$622,800
Sold

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1948

Effective Year Built: 1972
Building Count: 1
Total Rooms: 6
Bedroom Count: 2
Building Condition: Average
Building Quality: D
Construction Type: Frame
Roof Cover Type: Asphalt
Floor Count: 1
Living Units: 1
Basement Type: Building with no basement
Basement Area: 0
Parking Space Count: 0

Dimensions

Lot Size Square Feet: 10,629

Lot Size Depth Feet: 1,900
Lot Size Frontage Feet: 560
Total Building Area: 720
Gross Building Area: 720
Building Area: 720
Building Area Measurement: Living Area

Heating and Cooling

Air Conditioning: Central air conditioning

Heating: Central heating
Heated Square Feet: 720
Heating Fuel Type: unknown

Utilities

Sewer System: Yes

Water Service: Yes

Building

Property Class: Residential

Subdivision: SECTION 16 TOWNSHIP 15 R 04 NE1/4
Land Acres: 0.244
Standard Land Use Code: Single family residential
County Land Use Code: Motor vehicles (cars, trucks, etc.)
Legal Description 1: 56FT X 191.3FT BEG 911.8FT W & 724FT N OF SECOR NW1/4 NE1/4 S16 T15 R4 0.25AC

Ownership

Current Owner : BATES BOBBY DAN

Previous Owner : INPRAEDIUM QUARTERS LLC
Owner Before Previous Owner: CLEO PROPERTIES LLC
Is Owner Occupied: Owner-occupied property

Neighborhood

School District Name: Indianapolis Public Schools

Census Tract: 357400

Geography

Assessors Map Reference: 2338-E6

District: 0001
Section: 160
Parcel: 49-10-16-150-011.000-101
Meridian: SEC 16 TWN 15 RNG 4
Municipality: CENTER TOWNSHIP
Latitude: 39.7513
Longitude: -86.0906

Address

Full Address: 1137 S Drexel Ave

Address - House Number: 1137
Street Direction: S
Address - Street Name: Drexel
Address - Suffix Type: Ave
State: IN
City Name: Indianapolis
Carrier Code: C038
4-Digit Zip Code: 2328
Zip Code: 46203

Valuation

Tax

Total Area: 720

Tax Year: 2022
Tax Amount: $1,675
Intital Tax Deliquent Year: 2020
Tax Rate Code Area: 101

Appraisal Valuation

Standard Deviation: 0.1635

Valuation Date: Jan 27, 2024
Confidence Score: 79
Final Value: 134,990
High Value: 157,072
Low Value: 112,909

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $125,681
First Open Lien Mortgage Lender: FIRST OPTION MORTGAGE, LLC
First Open Lien Mortgage Recording Date: Nov 09, 2023
First Open Lien Mortgage Loan Amount: $125,681
First Open Lien Mortgage Term: 360
First Open Lien Mortgage Position: 1
First Open Lien Mortgage Loan Type: FHA
First Open Lien Mortgage Loan Due Date: Nov 01, 2053

Market Valuation

Market Total Value: $61,200

Market Land Value: $10,300
Market Improvement Value: $50,900

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $61,200
Assessed Land Value: $10,300
Assessed Improvements Value: $50,900

Sales

Current Sale Contract Date: Nov 02, 2023

Current Sale Recording Date: Nov 09, 2023
Current Sale Transaction ID: 11915934402
Current Sale Price: $126,937
Current Sale Document Type: Warranty Deed
Current Sale Input Document Number: 93558
Previous Sale Recording Date: Sep 21, 2020
Previous Sale Contract Date: Aug 27, 2020
Previous Sale Amount: $64,705
Previous Sale Document Type: Warranty Deed

Last Sale Mortgage

First Mortgage Lender: FIRST OPTION MORTGAGE, LLC

First Mortgage Transaction Date: Nov 09, 2023
First Mortgage Loan Amount: $125,681
First Mortgage Terms: 360
First Mortgage Loan Type: FHA
First Mortgage Loan Due Date: Nov 01, 2053

Previous Mortgages

Previous Mortgage Lender: INDIANA MEMBERS CU

Previous Mortgage Transaction Date: Sep 21, 2020
Previous Mortgage Financing Type: Fixed Rate
Previous Mortgage Loan Amount: $498,225
Previous Mortgage Term: 360
Previous Mortgage Loan Type: New Conventional

Redact Ownership Info

Comparables

4313 English Avenue

In Contract

House

2 Beds

1.5 Baths

912 ft²

$170/ft²

$154,900 Sep 16, 2023

1301 South Sherman Drive

In Contract

House

2 Beds

2 Baths

1,008 ft²

$129/ft²

$129,900 Aug 25, 2023

4340 Fletcher Avenue

Active

House

2 Beds

1 Bath

750 ft²

$213/ft²

$159,900 Sep 28, 2023

4706 Fletcher Avenue

Active

House

3 Beds

2 Baths

955 ft²

$131/ft²

$125,000 Jul 6, 2023

4018 Terrace Avenue

Active

House

4 Beds

1 Bath

1,812 ft²

$70/ft²

$127,000 May 8, 2023

About Near Southeast

Stats & Trends

Median Asking:

$154,900

Sale Price/ft²

$143

Below Asking

0.03%

Average Days on Market

Average Home Size

1423 ft²

Average Home Age

80.2 years

Currently For Sale

38 Listings

Similar Homes for Sale

Unit for sale at 4018 Terrace Avenue, Indianapolis, IN 46203

$127,000

4 Beds
1 Bath
1,812 ft²

4018 Terrace Avenue, Indianapolis, IN 46203 Listing by Derrin Phoenix

Unit for sale at 4706 Fletcher Avenue, Indianapolis, IN 46203

$125,000

3 Beds
2 Baths
955 ft²

4706 Fletcher Avenue, Indianapolis, IN 46203 Listing by Jordan Moody

Unit for sale at 4340 Fletcher Avenue, Indianapolis, IN 46203

$159,900

2 Beds
1 Bath
750 ft²

4340 Fletcher Avenue, Indianapolis, IN 46203 Listing by Ryan Boyd

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$850 /mo

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1 Bath
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1137 S Drexel Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Geography

Valuation

Comparables

About Near Southeast

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions