See Home Value
Indianapolis 46218 Forest Manor
3622 North Colorado Avenue
$54,891*
House - Off Market

3622 North Colorado Avenue

Indianapolis, IN 46218
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2294 Sqft
$30,000 - $40,000
Reference Base Price*
46.38%
Since Dec 1, 2019
National-US
Primary Model
Sold Aug 07, 2020
$149,900
$147,184 by Fairway Independent Mtg Corp
Mortgage
Sold Nov 19, 2019
$32,000

About This Property

An awesome fix and flip opportunity, or a great fixer upper to live in! This home is solid brick, and has great bones. Up and coming area, with lots of potential. Restore beautiful Original hardwood, brick walls, and solid fireplace. Come check this one out, before it sells!

The manager has listed the unit size as 2294 square feet.
Unit Size
2,294Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$16
Property Type
House
Property Taxes
$1,768
HOA Dues
-
Year Built
1950

Price History

Date / Event Date Event Price
Aug 7, 2020 Sold to Lindsey Pinner $149,200
Sold to Lindsey Pinner
Nov 27, 2019 No longer available -
No longer available
Jul 18, 2019 Listed $37,500
Listed
Mar 4, 2019 No longer available -
No longer available
Oct 1, 2018 Listed $40,000
Listed
Investor special ! This property is located on the east side of downtown Indianapolis. With a little work, this property is ready to be flipped, rented, or lived in. Up and coming neighborhood, awesome opportunity! The manager has listed the unit size as 2294 square feet.
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Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 972
  • Garage Type: Carport
  • Garage Square Area: 144
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,233
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 580
  • Total Building Area: 3,266
  • Gross Building Area: 3,266
  • Building Area: 2,294
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,294
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FOREST MANOR EXTENSION ADD
  • Land Acres: 0.189
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: FOREST MANOR EXTENSION L628

Ownership

  • Current Owner : PINNER LINDSEY
  • Previous Owner : BURNS SHANE
  • Owner Before Previous Owner: BURTON GILLMAN & STEINBERG PROPERTIES LL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: 2229-E3
  • District: 0001
  • Section: 210
  • Parcel: 49-07-21-136-142.000-101
  • Lot: 628
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.8225
  • Longitude: -86.0959

    Address

  • Full Address: 3622 N Colorado Ave
  • Address - House Number: 3622
  • Street Direction: N
  • Address - Street Name: Colorado
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C031
  • 4-Digit Zip Code: 1556
  • Zip Code: 46218

Valuation

    Tax

  • Total Area: 3,266
  • Tax Year: 2022
  • Tax Amount: $2,573
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 243,618
  • High Value: 298,369
  • Low Value: 188,868

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $160,996
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Open Lien Mortgage Recording Date: Aug 07, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $147,184
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Sep 01, 2022
  • Second Open Lien Mortgage Loan Amount: $13,812
  • Second Open Lien Mortgage Term: 335
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $207,600
  • Market Land Value: $6,800
  • Market Improvement Value: $200,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $207,600
  • Assessed Land Value: $6,800
  • Assessed Improvements Value: $200,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 03, 2020
  • Current Sale Recording Date: Aug 07, 2020
  • Current Sale Transaction ID: 11784914919
  • Current Sale Price: $149,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000084634
  • Previous Sale Recording Date: Nov 19, 2019
  • Previous Sale Contract Date: Nov 13, 2019
  • Previous Sale Amount: $32,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Mortgage Transaction Date: Aug 07, 2020
  • First Mortgage Loan Amount: $147,184
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate



Comparables

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

About Forest Manor


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Unit for rent at 2815 E 36th Street, Indianapolis, IN, 46218

$1,095 /mo

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2815 E 36th Street, Indianapolis, IN, 46218 Listing by Maxwell Richter
Unit for rent at 4844 Hillside Avenue, Indianapolis, IN, 46205

$750 /mo

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  • 601 ft²
4844 Hillside Avenue, Indianapolis, IN, 46205 Listing by Evona Watson


Frequently Asked Questions

When was property at 3622 North Colorado Avenue built and last sold?
The property at 3622 North Colorado Avenue was built in 1950 and last sold on Aug 3, 2020 for $149,900.
How much is this home worth?
The estimated value of the home located at 3622 North Colorado Avenue is $37,875.
What are some comparable homes to 3622 North Colorado Avenue?
There are currently no comparable homes to 3622 North Colorado Avenue.

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