See Home Value
$2,195,532*
House - Off Market

2401 West 39th Street

Indianapolis, IN 46228
bedrooms
5 Beds
bathrooms
8 Baths, 2 Half Baths
square feet
5213 Sqft
$1,350,000 - $1,648,000
Reference Base Price*
46.47%
Since Nov 1, 2019
National-US
Primary Model
Sold Feb 25, 2021
$1,300,000
$1,365,000 by Quontic Bank
Mortgage Due Feb 01, 2052
Sold Jul 06, 2012
Transfer

About This Property

This private luxury estate is close to everything Indy has to offer! Formerly occupied as a Montessori school, this 1930's gated estate has been completely restored to showcase its original opulence complemented with today's modern amenities. Main living quarters still encompass small tokens of its rich history. Hints of charm like the original built-ins used for school book storage, and marble floors still remain. Resting on nearly 5 acres, this home is perfect for entertaining guests and being the envy of your network. Relax in your own outdoor oasis featuring gunite swimming pool, hot tub, fire pit & 5 acres of serene park-like setting. A sanctuary just minutes from Downtown. Estates of this magnitude and luxury rarely come available.

The manager has listed the unit size as 5213 square feet.
Unit Size
5,213Ft²
Days on Market
-
Land Size
3.93 acres
Price per sqft
$288
Property Type
House
Property Taxes
$20,810
HOA Dues
-
Year Built
1935

Price History

Date / Event Date Event Price
Feb 25, 2021 Sold to Patrick Cowherd $1,300,000
Sold to Patrick Cowherd
Oct 30, 2019 No longer available -
No longer available
May 1, 2019 Listed $1,499,000
Listed

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 28
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Concrete block
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 807
  • Garage Type: Attached
  • Garage Square Area: 1,441
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 105,415
  • Total Building Area: 6,654
  • Gross Building Area: 6,654
  • Building Area: 5,213
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,213
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 2.42
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: PT S1/2 SE1/4 S16 T16 R3 BEG 1266.6FT W & NRLY72.18FT E 136.14FT NW IRR 432.5FT NERLY 183.15FT SE340FT SW 300.69FT TO BEG 2.422AC

Ownership

  • Current Owner : COWHERD PATRICK
  • Previous Owner : CARLEN RICHARD D
  • Owner Before Previous Owner: THE BANK OF NEW YORK MELLON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Washington Township Metropolitan School District
  • Census Tract: 321002

Zoning

  • Zoning: ZO01

Geography

  • District: 0008
  • Section: 160
  • Parcel: 49-06-16-105-006.000-800
  • Meridian: SEC 16 TWN 16 RNG 3
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8251
  • Longitude: -86.2019

    Address

  • Full Address: 2401 W 39th St
  • Address - House Number: 2401
  • Street Direction: W
  • Address - Street Name: 39th
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C004
  • 4-Digit Zip Code: 3271
  • Zip Code: 46228

Valuation

    Tax

  • Total Area: 3,996
  • Tax Year: 2022
  • Tax Amount: $19,142
  • Tax Rate Code Area: 800

    Appraisal Valuation

  • Standard Deviation: 0.1844
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 932,956
  • High Value: 1,105,021
  • Low Value: 760,890

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,365,000
  • First Open Lien Mortgage Lender: QUONTIC BANK
  • First Open Lien Mortgage Recording Date: Feb 08, 2022
  • First Open Lien Mortgage Loan Amount: $1,365,000
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $1,119,700
  • Market Land Value: $81,300
  • Market Improvement Value: $1,038,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,119,700
  • Assessed Land Value: $81,300
  • Assessed Improvements Value: $1,038,400

    Sales

  • Current Sale Contract Date: Feb 19, 2021
  • Current Sale Recording Date: Feb 25, 2021
  • Current Sale Transaction ID: 11828937371
  • Current Sale Price: $1,300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100025206
  • Previous Sale Recording Date: Jul 06, 2012
  • Previous Sale Contract Date: May 17, 2012
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARRINGTON MORTGAGE SVCS
  • First Mortgage Transaction Date: Feb 25, 2021
  • First Mortgage Loan Amount: $1,040,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Wynnedale - Spring Hill


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Nearby Rentals

Unit for rent at 4302 Sunshine Avenue, Indianapolis, IN, 46228

$2,140 /mo

  • 3 Beds
  • 3 Baths
  • 2,320 ft²
4302 Sunshine Avenue, Indianapolis, IN, 46228 Listing by Teresa Lents


Frequently Asked Questions

When was property at 2401 West 39th Street built and last sold?
The property at 2401 West 39th Street was built in 1935 and last sold on Feb 19, 2021 for $1,300,000.
How much is this home worth?
The estimated value of the home located at 2401 West 39th Street is $1,513,990.
What are some comparable homes to 2401 West 39th Street?
There are currently no comparable homes to 2401 West 39th Street.

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