See Home Value
$178,608*
House - Off Market

3551 Margaret Avenue

Indianapolis, IN 46203
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1140 Sqft
$112,000 - $136,000
Reference Base Price*
43.00%
Since Apr 1, 2020
National-US
Primary Model
Sold Jan 06, 2023
$160,000
$157,102 by Newrez Llc
Mortgage Due Jan 01, 2053
Sold Mar 09, 2020
$125,000
$120,828 by Approved Mortgage Corp
Mortgage Due Mar 01, 2050

About This Property

Conveniently located, 3bedrm, 1 bath Ranch with NO HOA! Vinyl Windows (2014). Exterior doors & Solid 6panel, solid wood interior doors were installed new (2015), Shingles, 75% of the decking, facia & soffit all replaced (2016). Gas water heater installed new (2017) Tub/surround, sink & supply lines replaced (2018). 2019 updates: Brand new Kitchen Aid SS O/Range, Burber carpet in 2bedrms & higher grade laminate installed in master bedrm, upgraded miniblinds in DR,Kitchen & 2bedrms, kitchen flooring/cabinets/countertops.  Seller is purchasing new SS refrigerator! (Eligible for Conventional, FHA, VA or cash purchases. Seller will not consider lease options)

The manager has listed the unit size as 1140 square feet.
Unit Size
1,140Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$110
Property Type
House
Property Taxes
$1,706
HOA Dues
-
Year Built
1963

Price History

Date / Event Date Event Price
Jan 6, 2023 Sold to Joshua Paul Wolfe $158,673
Sold to Joshua Paul Wolfe
Mar 9, 2020 No longer available -
No longer available
Mar 9, 2020 Sold to Lillie M Beasley $122,500
Sold to Lillie M Beasley
Jan 28, 2020 Listed $124,900
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,932
  • Lot Size Depth Feet: 1,480
  • Lot Size Frontage Feet: 670
  • Total Building Area: 1,380
  • Gross Building Area: 1,380
  • Building Area: 1,140
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,140
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BEECHCREST ADD 4TH SEC
  • Land Acres: 0.228
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: BEECHCREST 4TH SEC L85

Ownership

  • Current Owner : WOLFE JOSHUA PAUL
  • Previous Owner : BEASLEY LILLIE M
  • Owner Before Previous Owner: DAVIS STEPHEN C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 357500

Geography

  • Assessors Map Reference: 2447-D1
  • District: 0001
  • Section: 200
  • Parcel: 49-10-20-134-016.000-101
  • Lot: 85
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7329
  • Longitude: -86.105

    Address

  • Full Address: 3551 Margaret Ave
  • Address - House Number: 3551
  • Address - Street Name: Margaret
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C005
  • 4-Digit Zip Code: 4738
  • Zip Code: 46203

Valuation

    Tax

  • Total Area: 1,140
  • Tax Year: 2022
  • Tax Amount: $1,743
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2549
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 189,990
  • High Value: 238,436
  • Low Value: 141,545

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $157,102
  • First Open Lien Mortgage Lender: NEWREZ LLC
  • First Open Lien Mortgage Recording Date: Jan 06, 2023
  • First Open Lien Mortgage Loan Amount: $157,102
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2053

    Market Valuation

  • Market Total Value: $167,900
  • Market Land Value: $16,100
  • Market Improvement Value: $151,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $167,900
  • Assessed Land Value: $16,100
  • Assessed Improvements Value: $151,800

    Sales

  • Current Sale Contract Date: Dec 30, 2022
  • Current Sale Recording Date: Jan 06, 2023
  • Current Sale Transaction ID: 11900773771
  • Current Sale Price: $160,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1327
  • Previous Sale Recording Date: Mar 09, 2020
  • Previous Sale Contract Date: Feb 28, 2020
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEWREZ LLC
  • First Mortgage Transaction Date: Jan 06, 2023
  • First Mortgage Loan Amount: $157,102
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: APPROVED MORTGAGE CORP
  • Previous Mortgage Transaction Date: Mar 09, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $120,828
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
1,008 ft²
$145/ft²
$145,900 Mar 21, 2024
-
-
Commercial
Loft
-
1,114 ft²
$113/ft²
$125,900 Mar 19, 2023
-
-

About Near Southeast


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Frequently Asked Questions

When was property at 3551 Margaret Avenue built and last sold?
The property at 3551 Margaret Avenue was built in 1963 and last sold on Dec 30, 2022 for $160,000.
How much is this home worth?
The estimated value of the home located at 3551 Margaret Avenue is $130,585.
What are some comparable homes to 3551 Margaret Avenue?
There are currently no comparable homes to 3551 Margaret Avenue.

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