See Home Value
$132,771*
House - Off Market

3939 North Drexel Avenue

Indianapolis, IN 46226
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2526 Sqft
$90,000 - $100,000
Reference Base Price*
47.52%
Since Jun 1, 2019
National-US
Primary Model
Sold May 23, 2019
$104,300
$100,000 by Fifth Third Bank Na
Mortgage Due Oct 01, 2036

About This Property

The 3rd bedroom is the complete upper level and could be made into an amazing master suite. Nice spiral staircase going up to the upper level. Fireplace on every level including the basement. Great potential for rehab. The sale also includes the corner lot for just over 3/4 acres. Rehab this one and build new construction on the extra lot. Note the extra structure in back of the garage which is finished and used as a class room type setting. Room sizes are estimated. Property is in need of updates and repairs. Sold as is.

The manager has listed the unit size as 2526 square feet.
Unit Size
2,526Ft²
Days on Market
-
Land Size
0.76 acres
Price per sqft
$36
Property Type
House
Property Taxes
$936
HOA Dues
-
Year Built
1924

Price History

Date / Event Date Event Price
May 23, 2019 Sold to Elena Martinez-garcia $104,300
Sold to Elena Martinez-garcia
May 4, 2019 No longer available -
No longer available
Apr 19, 2019 Relisted $90,000
Relisted
Apr 18, 2019 No longer available -
No longer available
Mar 11, 2019 Listed $90,000
Listed

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 720
  • Garage Type: Detached
  • Garage Square Area: 1,150
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 16,640
  • Lot Size Depth Feet: 1,850
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,526
  • Gross Building Area: 2,526
  • Building Area: 1,806
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,806
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MENDENHALL ST ANDREWS ADDITION
  • Land Acres: 0.382
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: MENDENHALLS ST ANDREWS ADD L97

Ownership

  • Current Owner : MARTINEZ-GARCIA ELENA
  • Previous Owner : HOLMES JAMES A
  • Previous Owner 2: HOLMES CAROLYN E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 322700

Geography

  • Assessors Map Reference: 2229-E2
  • District: 0008
  • Section: 160
  • Parcel: 49-07-16-104-042.000-801
  • Lot: 97
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8289
  • Longitude: -86.0922

    Address

  • Full Address: 3939 N Drexel Ave
  • Address - House Number: 3939
  • Street Direction: N
  • Address - Street Name: Drexel
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C035
  • 4-Digit Zip Code: 4532
  • Zip Code: 46226

Valuation

    Tax

  • Total Area: 2,526
  • Tax Year: 2022
  • Tax Amount: $1,508
  • Tax Rate Code Area: 801

    Appraisal Valuation

  • Standard Deviation: 0.2409
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 66
  • Final Value: 190,452
  • High Value: 236,351
  • Low Value: 144,554

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: FIFTH THIRD BANK NA
  • First Open Lien Mortgage Recording Date: Mar 31, 2022
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 174
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2036

    Market Valuation

  • Market Total Value: $126,400
  • Market Land Value: $12,400
  • Market Improvement Value: $114,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $126,400
  • Assessed Land Value: $12,400
  • Assessed Improvements Value: $114,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 26, 2019
  • Current Sale Recording Date: May 23, 2019
  • Current Sale Transaction ID: 11610446643
  • Current Sale Price: $104,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201900046107

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD BANK
  • First Mortgage Transaction Date: May 23, 2019
  • First Mortgage Loan Amount: $83,420
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    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
House
2 Beds
1 Bath
909 ft²
$88/ft²
$79,900 Sep 11, 2023
-
-
House
2 Beds
1 Bath
768 ft²
$137/ft²
$105,000 Jun 7, 2023
-
-

About Forest Manor


Similar Homes for Sale

Unit for sale at 3371 Wallace Avenue, Indianapolis, IN 46218

$105,000

  • 2 Beds
  • 1 Bath
  • 768 ft²
3371 Wallace Avenue, Indianapolis, IN 46218 Listing by Kimberlyn Cannon

Nearby Rentals

Unit for rent at

$1,095 /mo

  • 3 Beds
  • 1 Bath
  • 1,008 ft²
Listing by Manager


Frequently Asked Questions

When was property at 3939 North Drexel Avenue built and last sold?
The property at 3939 North Drexel Avenue was built in 1924 and last sold on Apr 26, 2019 for $104,300.
How much is this home worth?
The estimated value of the home located at 3939 North Drexel Avenue is $102,078.
What are some comparable homes to 3939 North Drexel Avenue?
There are currently no comparable homes to 3939 North Drexel Avenue.

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