Check Availability
$126,000 - $152,000
House - In Contract

3932 Aurora Street

Indianapolis, IN 46227
bedrooms
3 Beds
bathrooms
1 Bath
square feet
960 Sqft
Sold Dec 06, 2021
$112,500
$86,250 by Loan Funder Llc Series 31177
Mortgage Due Mar 01, 2052
Sold Aug 03, 2017
$66,000
$49,500 by Inlanta Mortgage Inc
Mortgage

About This Property

INVESTOR ALERT- What a great investment opportunity!  This cute 3 bedroom and 1 bath home is already income producing.  It is leased for $1100 per month. The tenant is already in tthe 2nd year of their lease.  The lease expires October 30, 2024. The home features all new kitchen appliances and new water heater. HVAC approximately 13 years old. It is located near the University of Indianapolis, across from Southside Park and minutes to Elementary, Middle and Highschools. An easy commute to downtown and less than 20 minutes to the airport.  Shopping and major highways close by.

The manager has listed the unit size as 960 square feet.
Unit Size
960Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$146
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1966
Listed By

Price History

Date / Event Date Event Price
Apr 23, 2024 In contract -
In contract
Apr 19, 2024 Price Increased $139,900
↑ $1K (1%)
Price Increased
Apr 19, 2024 Relisted $138,500
Relisted
Mar 25, 2024 In contract -
In contract
Mar 17, 2024 Price Decreased $138,500
↓ $7K (4.5%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning
Interior Details

Fireplace Information

Fireplace
Exterior Details

Exterior Information

Brick
Vinyl Siding

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,704
  • Lot Size Depth Feet: 1,180
  • Lot Size Frontage Feet: 400
  • Total Building Area: 960
  • Gross Building Area: 960
  • Building Area: 960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 960
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SOUTH INDIANAPOLIS ADD
  • Land Acres: 0.108
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SOUTH INDPLS L33

Ownership

  • Current Owner : INDY PROP LLC
  • Previous Owner : SINGH PRITAM
  • Owner Before Previous Owner: ELLRICH BRANDON
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Perry Township Metropolitan School District
  • Census Tract: 380302

Geography

  • Assessors Map Reference: 2447-A4
  • District: 0005
  • Section: 300
  • Parcel: 49-10-30-118-249.000-574
  • Lot: 33
  • Municipality: PERRY TOWNSHIP
  • Latitude: 39.7088
  • Longitude: -86.1262

    Address

  • Full Address: 3932 Aurora St
  • Address - House Number: 3932
  • Address - Street Name: Aurora
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C002
  • 4-Digit Zip Code: 3606
  • Zip Code: 46227

Valuation

    Tax

  • Total Area: 960
  • Tax Year: 2022
  • Tax Amount: $2,951
  • Tax Rate Code Area: 574

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 149,027
  • High Value: 173,543
  • Low Value: 124,511

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $86,250
  • First Open Lien Mortgage Lender: LOAN FUNDER LLC SERIES 31177
  • First Open Lien Mortgage Recording Date: Feb 24, 2022
  • First Open Lien Mortgage Loan Amount: $86,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $121,200
  • Market Land Value: $10,900
  • Market Improvement Value: $110,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $121,200
  • Assessed Land Value: $10,900
  • Assessed Improvements Value: $110,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 04, 2021
  • Current Sale Recording Date: Dec 06, 2021
  • Current Sale Transaction ID: 11873641277
  • Current Sale Price: $112,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100162139
  • Previous Sale Recording Date: Aug 03, 2017
  • Previous Sale Contract Date: Jul 31, 2017
  • Previous Sale Amount: $66,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: INLANTA MORTGAGE INC
  • Previous Mortgage Transaction Date: Aug 03, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $49,500
  • 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
$159/ft²
$145,000 Apr 25, 2024
-
-

About University Heights


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Frequently Asked Questions

When was property at 3932 Aurora Street built and last sold?
The property at 3932 Aurora Street was built in 1966 and last sold on Nov 4, 2021 for $112,500.
How much is this home worth?
The estimated value of the home located at 3932 Aurora Street is $139,952.
What are some comparable homes to 3932 Aurora Street?
Homes that are comparable to 3932 Aurora Street include a house property at 3107 Asbury Street, located in Indianapolis, IN.

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