See Home Value
$355,000 - $433,000
House - Off Market

2031 Central Avenue

Indianapolis, IN 46202
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3164 Sqft
Sold Jan 24, 2014
$97,300
$250,000 by Crosscountry Mortgage Inc
Mortgage Due Sep 01, 2051
Sold Oct 25, 2005
$105,000
$84,000 by Americas Wholesale Lender
Mortgage Due Nov 01, 2035

About This Property

DRASTICALLY REDUCED!!  HISTORIC HERRON MORTON! Rare opportunity for your dream home or investment property! Live in it, flip it or convert it into a money making duplex or triplex! Currently zoned as a dup but converted to single fam. Tall ceilings, HUGE ROOMS, main & upper level enclosed sunrooms! Can be a 3 level home, 2 level home w/ rentable bsmt apt or 3 sep apts! Seller had bsmt completely rebuilt, enlarged & waterproofed by Michaelis (over $120k!) so this one is SOLID & DRY! Bsmt w/9ft ceilings, egress win & walk out. Home could be 2bd unit up, main level 2bd unit & 1bd w/ bonus rm unit in bsmt. Nowhere else in Indy can you find an opportunity like this! Considered Herron Morton but no restrictions. 2 master bds (primary master up & alternate master on main). Enormous kitchen could be incredible! Upstairs master ba remodeled... finish it into a stunner! Sold AS-IS. Seller will make NO REPAIRS. Make this incredible home YOURS or your next homerun investment!

The manager has listed the unit size as 3164 square feet.
Unit Size
3,164Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$125
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1880

Price History

Date / Event Date Event Price
Apr 24, 2024 No longer available -
No longer available
Feb 16, 2024 In contract -
In contract
Jan 17, 2024 Price Decreased $394,900
↓ $5K (1.3%)
Price Decreased
Nov 26, 2023 Price Decreased $399,900
↓ $15K (3.6%)
Price Decreased
Nov 9, 2023 Price Decreased $414,900
↓ $10K (2.4%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 9
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Partial basement
  • Basement Area: 791
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,837
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 390
  • Total Building Area: 2,373
  • Gross Building Area: 2,373
  • Building Area: 1,582
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,582
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CITIZENS NATIONAL BANK SUB JOHNSON HEIRS
  • Land Acres: 0.134
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: CITIZEN NATL BK SUB JOHNSON HRS ADD L6BLK13 & BLK14

Ownership

  • Current Owner : ROELL BRANDON R
  • Current Owner 2: ROELL JENNIFER L
  • Previous Owner : ROELL BRANDON R
  • Previous Owner 2: BARNES JENNIFER L
  • Owner Before Previous Owner: HOUSEHOLD FINANCE CORP III
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 390900

Geography

  • Assessors Map Reference: 2228-D7
  • District: 0001
  • Section: 360
  • Parcel: 49-06-36-226-011.000-101
  • Block: 13,14
  • Lot: 6
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7947
  • Longitude: -86.1492

    Address

  • Full Address: 2031 Central Ave
  • Address - House Number: 2031
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C042
  • 4-Digit Zip Code: 1634
  • Zip Code: 46202

Valuation

    Tax

  • Total Area: 2,149
  • Tax Year: 2022
  • Tax Amount: $2,981
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.1642
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 398,478
  • High Value: 463,909
  • Low Value: 333,046

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Aug 11, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $305,400
  • Market Land Value: $73,800
  • Market Improvement Value: $231,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $305,400
  • Assessed Land Value: $73,800
  • Assessed Improvements Value: $231,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 10, 2014
  • Current Sale Recording Date: Jan 24, 2014
  • Current Sale Transaction ID: 1286041087
  • Current Sale Price: $97,300
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: A201400006163
  • Previous Sale Recording Date: Oct 25, 2005
  • Previous Sale Contract Date: Oct 20, 2005
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAKEVIEW LOAN SERVICING LLC
  • First Mortgage Transaction Date: Jan 24, 2014
  • First Mortgage Loan Amount: $77,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LENDER
  • Previous Mortgage Transaction Date: Oct 25, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $84,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Nov 01, 2035



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2.5 Baths
3,170 ft²
$134/ft²
$425,000 Feb 12, 2024
-
-
House
4 Beds
3 Baths
2,544 ft²
$147/ft²
$375,000 Jan 18, 2024
-
-
House
3 Beds
2.5 Baths
1,695 ft²
$192/ft²
$325,000 Nov 16, 2023
-
-
Townhouse
3 Beds
3.5 Baths
3,170 ft²
$145/ft²
$460,000 Oct 5, 2023
-
-
Townhouse
3 Beds
2.5 Baths
2,050 ft²
$212/ft²
$435,000 Mar 15, 2023
-
$95/mo
Townhouse
3 Beds
3.5 Baths
2,024 ft²
$215/ft²
$435,000 Jan 26, 2024
-
$100/mo
Townhouse
3 Beds
4 Baths
1,900 ft²
$216/ft²
$410,000 Jan 23, 2024
-
$400/mo
Townhouse
2 Beds
2.5 Baths
1,931 ft²
$217/ft²
$419,900 Jul 8, 2023
-
$95/mo
Commercial
Loft
-
4,330 ft²
$87/ft²
$374,900 Jan 11, 2024
-
-

About Near Northside


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Frequently Asked Questions

When was property at 2031 Central Avenue built and last sold?
The property at 2031 Central Avenue was built in 1880 and last sold on Jan 10, 2014 for $97,300.
How much is this home worth?
The estimated value of the home located at 2031 Central Avenue is $410,419.
What are some comparable homes to 2031 Central Avenue?
There are currently no comparable homes to 2031 Central Avenue.

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