When was property at 4001 East 40th Street built and last sold?

The property at 4001 East 40th Street was built in 1953 and last sold on Jan 30, 2020 for $132,000.

How much is this home worth?

The estimated value of the home located at 4001 East 40th Street is $96,055.

What are some comparable homes to 4001 East 40th Street?

There are currently no comparable homes to 4001 East 40th Street.

Indianapolis

46226

Forest Manor

4001 East 40th Street

Thumbnail Photo of 4001 East 40th Street

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Map

$135,995*

● House - Off Market

4001 East 40th Street

Indianapolis, IN 46226

3 Beds

2 Baths

1802 Sqft

$80,000 - $90,000

Reference Base Price*

51.27%

Since Oct 1, 2018

National-US

Primary Model

Sold Feb 04, 2020

$132,000

Bresson David A Bresson Karen F

Buyer

Awi Biak Par Siang

Seller

$99,000 by Milestone Home Lending Llc

Mortgage

Sold May 23, 2019

$61,000

Biak Awi Contractor Llc

Buyer

Marion County Sheriff

Seller

About This Property

Absolutely lovely home that could use some love and attention. The large rooms will surprise you! Imagine the parties you'll have in the huge family room that features a double sided fireplace. Corner lot on dead end street cuts down on traffic and provides privacy.

The manager has listed the unit size as 1802 square feet.

Unit Size

1,802Ft²

Days on Market

Land Size

0.52 acres

Price per sqft

$50

Property Type

House

Property Taxes

$111

HOA Dues

Year Built

1953

Price History

Date / Event	Date	Event
Feb 4, 2020	Sold to David A Bresson, Karen F Br...	$123,800
Sold to David A Bresson, Karen F Br...
Sep 27, 2018	No longer available	-
No longer available
Jul 2, 2017	Listed	$89,900
Listed

Property Highlights

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1953

Effective Year Built: 1960
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: Brick
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: 336
Parking Space Count: 1

Dimensions

Lot Size Square Feet: 22,651

Total Building Area: 2,138
Gross Building Area: 2,138
Building Area: 1,802
Building Area Measurement: Living Area

Heating and Cooling

Fireplace Count: 1

Air Conditioning: Central air conditioning
Heating: Hot water
Heated Square Feet: 1,802
Heating Fuel Type: unknown

Utilities

Sewer System: None

Water Service: Yes

Building

Property Class: Residential

Subdivision: LANGFORDS PARTITION SUB
Land Acres: 0.52
Standard Land Use Code: Single family residential
County Land Use Code: Motor vehicles (cars, trucks, etc.)
Legal Description 1: 175.55FT N L 129FT W L BEG 164.16FT E OF NW CORNE1-4 SW1-4 S16 T16 R4 .52AC

Ownership

Current Owner : BRESSON DAVID A

Current Owner 2: BRESSON KAREN F
Previous Owner : AWI BIAK
Previous Owner 2: PAR SIANG
Owner Before Previous Owner: MARION COUNTY SHERIFF
Is Owner Occupied: Owner-occupied property

Neighborhood

School District Name: Indianapolis Public Schools

Census Tract: 322700

Zoning

Zoning: ZO01

Geography

Assessors Map Reference: 2229-D2

District: 0008
Section: 160
Parcel: 49-07-16-124-032.000-801
Lot: 129
Meridian: SEC 16 TWN 16 RNG 4
Municipality: WASHINGTON TOWNSHIP
Latitude: 39.829
Longitude: -86.0994

Address

Full Address: 4001 E 40th St

Address - House Number: 4001
Street Direction: E
Address - Street Name: 40th
Address - Suffix Type: St
State: IN
City Name: Indianapolis
Carrier Code: C035
4-Digit Zip Code: 4413
Zip Code: 46226

Valuation

Tax

Total Area: 1,802

Tax Year: 2022
Tax Amount: $4,370
Tax Rate Code Area: 801

Appraisal Valuation

Standard Deviation: 0.2409

Valuation Date: Jan 27, 2024
Confidence Score: 66
Final Value: 244,769
High Value: 303,757
Low Value: 185,781

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $99,000
First Open Lien Mortgage Lender: MILESTONE HOME LENDING LLC
First Open Lien Mortgage Recording Date: Feb 04, 2020
First Open Lien Mortgage Financing Type: Fixed Rate
First Open Lien Mortgage Loan Amount: $99,000
First Open Lien Mortgage Term: 360
First Open Lien Mortgage Position: 1
First Open Lien Mortgage Loan Type: New Conventional

Market Valuation

Market Total Value: $194,300

Market Land Value: $63,800
Market Improvement Value: $130,500

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $194,300
Assessed Land Value: $63,800
Assessed Improvements Value: $130,500

Sales

Current Sale Contract Date: Jan 30, 2020

Current Sale Recording Date: Feb 04, 2020
Current Sale Transaction ID: 11724595641
Current Sale Price: $132,000
Current Sale Document Type: Warranty Deed
Current Sale Input Document Number: A202000012747
Previous Sale Recording Date: May 23, 2019
Previous Sale Contract Date: May 21, 2019
Previous Sale Amount: $61,000
Previous Sale Document Type: Sheriff's Deed

Last Sale Mortgage

First Mortgage Lender: MILESTONE HOME LENDING LLC

First Mortgage Transaction Date: Feb 04, 2020
First Mortgage Loan Amount: $99,000
First Mortgage Terms: 360
First Mortgage Loan Type: New Conventional

Financing

First Mortgage Financing Type: Fixed Rate

Redact Ownership Info

Comparables

About Forest Manor

Stats & Trends

Median Asking:

$119,900

Sale Price/ft²

$96

Below Asking

0.03%

Average Days on Market

Average Home Size

1566 ft²

Average Home Age

80.5 years

Currently For Sale

2 Listings

Similar Homes for Sale

Currently no similar homes around

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$1,050 /mo

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1 Bath
1,000 ft²

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4001 East 40th Street

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About Forest Manor

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions