See Home Value
$194,000 - $236,000
House - Off Market

3237 N Capitol Avenue

Indianapolis, IN 46208
bedrooms
4 Beds
bathrooms
1.5 Baths, 1 Half Bath
square feet
1664 Sqft
Sold May 11, 2023
$251,370
$189,000 by Rcn Capital, Llc
Mortgage Due Jun 01, 2024
Sold Jul 20, 2022
$137,500
$110,000 by On Que Developments Llc
Mortgage Due Jul 01, 2023

About This Property

DEAL ALERT!! PRICED TO SELL! Come see this COMPLETELY REMODELED 4br/1.5ba two-story home in the RAPIDLY REVITALIZING Crown Hill area on Indy's north side! PERFECTLY LOCATED within a 10-minute drive to all the action both downtown and on the north side. Due to the condition and location, it would make an EXCELLENT RENTAL for an investor or a great turnkey home for an owner-occupant. The property could hit the 1% rule with a Sec 8 tenant, and could exceed that if used for medium or short term rentals. Features include a SPACIOUS LIVING ROOM, dining area, HIGH CEILINGS, laundry room, STYLISH CONTEMPORARY KITCHEN, main level bonus room, fully fenced rear yard, full unfinished basement, detached bonus structure (could be an ADU, 2 car garage, etc). NEW PLUMBING, ELECTRICAL, FLOORING, LIGHTING, KITCHEN, BATHROOMS, WINDOWS, PAINT AND MORE. No HOA!!

The manager has listed the unit size as 1664 square feet.
Unit Size
1,664Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$129
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1910

Price History

Date / Event Date Event Price
Dec 26, 2023 No longer available -
No longer available
Oct 27, 2023 Price Decreased $215,000
↓ $11K (4.9%)
Price Decreased
Oct 12, 2023 Price Decreased $226,000
↓ $12K (5%)
Price Decreased
Oct 7, 2023 No longer available -
No longer available
Oct 5, 2023 Listed $238,000
Listed
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 832
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,879
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,496
  • Gross Building Area: 2,496
  • Building Area: 1,664
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,664
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: KENWOOD ADD WRIGHTS ADD
  • Land Acres: 0.112
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: KENWOOD ADD WRIGHTS ADD L43

Ownership

  • Current Owner : LAO REVOCABLE TRUST
  • Previous Owner : HOMELAND PROPERTIES LLC
  • Owner Before Previous Owner: MARK HAYS
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 351000

Geography

  • Assessors Map Reference: 2228-C4
  • District: 0001
  • Section: 230
  • Parcel: 49-06-23-162-061.000-101
  • Lot: 43
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.8149
  • Longitude: -86.1612

    Address

  • Full Address: 3237 N Capitol Ave
  • Address - House Number: 3237
  • Street Direction: N
  • Address - Street Name: Capitol
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C009
  • 4-Digit Zip Code: 4612
  • Zip Code: 46208

Valuation

    Tax

  • Total Area: 2,496
  • Tax Year: 2022
  • Tax Amount: $2,874
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.1635
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 79
  • Final Value: 219,815
  • High Value: 255,772
  • Low Value: 183,858

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $189,000
  • First Open Lien Mortgage Lender: RCN CAPITAL, LLC
  • First Open Lien Mortgage Recording Date: May 11, 2023
  • First Open Lien Mortgage Loan Amount: $189,000
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2024

    Market Valuation

  • Market Total Value: $119,000
  • Market Land Value: $15,500
  • Market Improvement Value: $103,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $119,000
  • Assessed Land Value: $15,500
  • Assessed Improvements Value: $103,500

    Sales

  • Current Sale Contract Date: May 04, 2023
  • Current Sale Recording Date: May 11, 2023
  • Current Sale Transaction ID: 11906562597
  • Current Sale Price: $251,370
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 37530
  • Previous Sale Recording Date: Jul 20, 2022
  • Previous Sale Contract Date: Jul 13, 2022
  • Previous Sale Amount: $137,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RCN CAPITAL, LLC
  • First Mortgage Transaction Date: May 11, 2023
  • First Mortgage Loan Amount: $189,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2024

    Previous Mortgages

  • Previous Mortgage Lender: ON QUE DEVELOPMENTS LLC
  • Previous Mortgage Transaction Date: Jul 20, 2022
  • Previous Mortgage Loan Amount: $110,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Jul 01, 2023



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
2 Baths
-
$233,500 Oct 16, 1996
$233,500 Dec 12, 1996
$208/mo
House
4 Beds
1.5 Baths
2,100 ft²
$107/ft²
$224,900 Jun 9, 2023
-
-
House
3 Beds
3 Baths
1,620 ft²
$148/ft²
$239,900 Jan 8, 2023
-
$190/mo
House
3 Beds
2 Baths
1,838 ft²
$147/ft²
$270,000 Sep 22, 2023
-
-
House
3 Beds
2.5 Baths
1,990 ft²
$135/ft²
$268,000 May 30, 2023
-
-
House
3 Beds
3 Baths
2,142 ft²
$107/ft²
$230,000 Sep 6, 2023
-
-
Condo
3 Beds
1.5 Baths
1,450 ft²
$148/ft²
$215,000 Sep 25, 2023
-
$150/mo
Multifamily
Stu
-
-
$260,000 Sep 15, 2023
-
-

About Near Northwest - Riverside


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Frequently Asked Questions

When was property at 3237 North Capitol Avenue built and last sold?
The property at 3237 North Capitol Avenue was built in 1910 and last sold on May 4, 2023 for $251,370.
How much is this home worth?
The estimated value of the home located at 3237 North Capitol Avenue is $229,449.
What are some comparable homes to 3237 North Capitol Avenue?
Homes that are comparable to 3237 North Capitol Avenue include a house property at 3370 North New Jersey Street, 2935 North Capitol Avenue, 345 Congress Avenue.

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