See Home Value
$80,519*
House - Off Market

3514 N Drexel Avenue

Indianapolis, IN 46218
bedrooms
3 Beds
bathrooms
2 Baths
square feet
972 Sqft
$70,000 - $80,000
Reference Base Price*
0.78%
Since Jun 1, 2023
National-US
Primary Model
Sold May 31, 2023
Transfer
Sold Oct 19, 2018
$128,400
Buyer
Seller
$102,750 by Madsen Builders Inc
Mortgage

About This Property

Great investment opportunity or for a handy home buyer looking for their next home! This property features 3 bedrooms, 2 full baths, an extra room that can be a 4th bedroom, and 2 living spaces. So much potential! Come check it out today!

The manager has listed the unit size as 972 square feet.
Unit Size
972Ft²
Days on Market
-
Land Size
-
Price per sqft
$82
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947

Price History

Date / Event Date Event Price
May 27, 2023 No longer available -
No longer available
Apr 27, 2023 In contract -
In contract
Apr 24, 2023 Listed $79,900
Listed
Oct 19, 2018 Sold $128,400
Sold
Jul 23, 2018 Sold to George M Wright $33,000
Sold to George M Wright

Property Highlights

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 864
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,754
  • Lot Size Depth Feet: 1,190
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,460
  • Gross Building Area: 2,460
  • Building Area: 1,596
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,596
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FOREST MANOR ADD SEC C
  • Land Acres: 0.178
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: FOREST MANOR SEC C L776

Ownership

  • Current Owner : SCHOLTENS LLC
  • Previous Owner : VOLADOR ALPHA LLC
  • Owner Before Previous Owner: RICKEY JON
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 30, 2024

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 350600

Geography

  • Assessors Map Reference: 2229-E3
  • District: 0001
  • Section: 210
  • Parcel: 49-07-21-127-024.000-101
  • Lot: 776
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.8206
  • Longitude: -86.0929

    Address

  • Full Address: 3514 N Drexel Ave
  • Address - House Number: 3514
  • Street Direction: N
  • Address - Street Name: Drexel
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C031
  • 4-Digit Zip Code: 1607
  • Zip Code: 46218

Valuation

    Tax

  • Total Area: 1,728
  • Tax Year: 2022
  • Tax Amount: $1,620
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2549
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 63
  • Final Value: 129,564
  • High Value: 162,601
  • Low Value: 96,526

    Market Valuation

  • Market Total Value: $65,700
  • Market Land Value: $7,000
  • Market Improvement Value: $58,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,700
  • Assessed Land Value: $7,000
  • Assessed Improvements Value: $58,700

    Sales

  • Current Sale Contract Date: May 24, 2023
  • Current Sale Recording Date: May 31, 2023
  • Current Sale Transaction ID: 11907534023
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 43157
  • Previous Sale Recording Date: Oct 19, 2018
  • Previous Sale Contract Date: Oct 12, 2018
  • Previous Sale Amount: $128,400
  • Previous Sale Document Type: Quit Claim Deed

    Previous Mortgages

  • Previous Mortgage Lender: MADSEN BUILDERS INC
  • Previous Mortgage Transaction Date: Oct 19, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $102,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
912 ft²
$93/ft²
$85,000 Apr 11, 2023
-
-

About Forest Manor


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Frequently Asked Questions

When was property at 3514 North Drexel Avenue built and last sold?
The property at 3514 North Drexel Avenue was built in 1947 and last sold on May 24, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 3514 North Drexel Avenue is $81,036.
What are some comparable homes to 3514 North Drexel Avenue?
There are currently no comparable homes to 3514 North Drexel Avenue.

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