See Home Value
$84,684*
House - Off Market

2864 Forest Manor Avenue

Indianapolis, IN 46218
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1018 Sqft
$80,000 - $90,000
Reference Base Price*
-0.37%
Since Nov 1, 2023
National-US
Primary Model
Sold Nov 14, 2023
$90,440
$68,000 by Bpl Mortgage Trust Llc
Mortgage Due Nov 01, 2053
Sold Oct 31, 2017
$61,300

About This Property

Welcome to this charming ranch-style home located in Martindale-Brightwood. With 3 bedrooms and 1 bathroom spread across 1,018 square feet, this solidly built property offers a cozy and inviting atmosphere. The stone exterior exudes a timeless appeal, complemented by a covered porch that invites you to relax and enjoy the outdoors. Inside, the warm wood floors and formal dining room create an elegant and comfortable living space. The seller is offering a credit for mechanical upgrades, making it an ideal choice for both homeowners and investors looking for a rental property. The large backyard and convenient laundry room only add to the value of this delightful home.

The manager has listed the unit size as 1018 square feet.
Unit Size
1,018Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$84
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1930

Price History

Date / Event Date Event Price
Nov 14, 2023 Sold $90,440
Sold
Oct 29, 2023 No longer available -
No longer available
Sep 9, 2023 In contract -
In contract
Sep 5, 2023 Listed $85,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 504
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,621
  • Lot Size Depth Feet: 1,740
  • Lot Size Frontage Feet: 380
  • Total Building Area: 1,522
  • Gross Building Area: 1,522
  • Building Area: 1,018
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,018
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BRIGHTWOOD AMENDED
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: BRIGHTWOOD AMENDED L1 B7 VAC ALLEY 5FT W OF & ADJL1 B7

Ownership

  • Current Owner : LIMIT SOLES LLC
  • Previous Owner : BUTTARS TRENT
  • Owner Before Previous Owner: ARCADIAN LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 06, 2024

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 352300

Geography

  • Assessors Map Reference: 2229-D5
  • District: 0001
  • Section: 280
  • Parcel: 49-07-28-121-282.000-101
  • Lot: 1
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.8086
  • Longitude: -86.098

    Address

  • Full Address: 2864 Forest Manor Ave
  • Address - House Number: 2864
  • Address - Street Name: Forest Manor
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C005
  • 4-Digit Zip Code: 3035
  • Zip Code: 46218

Valuation

    Tax

  • Total Area: 1,522
  • Tax Year: 2022
  • Tax Amount: $1,455
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.1635
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 86,939
  • High Value: 101,160
  • Low Value: 72,717

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $68,000
  • First Open Lien Mortgage Lender: BPL MORTGAGE TRUST LLC
  • First Open Lien Mortgage Recording Date: Nov 14, 2023
  • First Open Lien Mortgage Loan Amount: $68,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2053

    Market Valuation

  • Market Total Value: $58,000
  • Market Land Value: $4,000
  • Market Improvement Value: $54,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,000
  • Assessed Land Value: $4,000
  • Assessed Improvements Value: $54,000

    Sales

  • Current Sale Contract Date: Nov 07, 2023
  • Current Sale Recording Date: Nov 14, 2023
  • Current Sale Transaction ID: 11916129429
  • Current Sale Price: $90,440
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 94693
  • Previous Sale Recording Date: Oct 31, 2017
  • Previous Sale Contract Date: Oct 18, 2017
  • Previous Sale Amount: $61,300
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BPL MORTGAGE TRUST LLC
  • First Mortgage Transaction Date: Nov 14, 2023
  • First Mortgage Loan Amount: $68,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Nov 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
912 ft²
$98/ft²
$89,000 May 12, 2023
-
-
House
3 Beds
2 Baths
1,682 ft²
$56/ft²
$95,000 Jul 17, 2023
-
-
House
2 Beds
1 Bath
920 ft²
$87/ft²
$80,000 Jun 29, 2023
-
-

About Martindale - Brightwood


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Frequently Asked Questions

When was property at 2864 Forest Manor Avenue built and last sold?
The property at 2864 Forest Manor Avenue was built in 1930 and last sold on Nov 7, 2023 for $90,440.
How much is this home worth?
The estimated value of the home located at 2864 Forest Manor Avenue is $88,130.
What are some comparable homes to 2864 Forest Manor Avenue?
Homes that are comparable to 2864 Forest Manor Avenue include a house property at 4413 East 30th Street, 2941 North Colorado Avenue, 3103 North Gladstone Avenue.

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