See Home Value
$241,312*
House - Off Market

402 North Drexel Avenue

Indianapolis, IN 46201
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2864 Sqft
$144,000 - $174,000
Reference Base Price*
51.77%
Since Dec 1, 2018
National-US
Primary Model
Sold Sep 09, 2021
$235,500
$232,000 by First Merchants Bank Na
Mortgage
Sold Sep 09, 2021
$290,000
$232,000 by First Merchants Bank Na
Mortgage

About This Property

Exquisite piece of historical Americana renovated by 3rd generation master carpenter;Desirable location;Newly refinished narrow plank hardwoods;Luxurious Chalet Master Bath & Jet Tub; Fireplace; Gourmet kitchen w/ Viking Gas Cook Top; Walk in Closets in each bedroom;Unique Walk-thru staircase from kitchen to living room;Dining Room has original Gatsby window seat & built in China Cabinet;Meticulously & artistically customized, fenced-in backyard & oversized pergola covered deck;Fresh Paint; Original Lead glass in front with new windows throughout;Basement partially finished with abundant daylight; Seller has a recent pre-listing inspection from reputable Center Grove Real Estate Home Inspections, stating that no defects were found

The manager has listed the unit size as 2864 square feet.
Unit Size
2,864Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$56
Property Type
House
Property Taxes
$140
HOA Dues
-
Year Built
1909

Price History

Date / Event Date Event Price
Sep 9, 2021 Sold to Dymond Banks $290,000
Sold to Dymond Banks
Nov 28, 2018 Sold to Nicholas A Holt $158,200
Sold to Nicholas A Holt
Nov 22, 2018 No longer available -
No longer available
Oct 8, 2018 Listed $159,000
Listed

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1909
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 8
  • 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: Full basement
  • Basement Area: 951
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,271
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,864
  • Gross Building Area: 2,864
  • Building Area: 1,913
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,913
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: EASTERN HEIGHTS ADD
  • Land Acres: 0.121
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: ELDERS EASTERN HGTS L30

Ownership

  • Current Owner : DYMOND BANKS
  • Previous Owner : HOLT NICHOLAS A
  • Owner Before Previous Owner: HOLT NICHOLAS A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 355400

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2338-E3
  • District: 0001
  • Section: 4015004
  • Parcel: 49-10-04-106-029.000-101
  • Lot: 30
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7735
  • Longitude: -86.0917

    Address

  • Full Address: 402 N Drexel Ave
  • Address - House Number: 402
  • Street Direction: N
  • Address - Street Name: Drexel
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C007
  • 4-Digit Zip Code: 3742
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 2,864
  • Tax Year: 2022
  • Tax Amount: $3,011
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2284
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 307,248
  • High Value: 377,427
  • Low Value: 237,069

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $232,000
  • First Open Lien Mortgage Lender: FIRST MERCHANTS BANK NA
  • First Open Lien Mortgage Recording Date: Sep 09, 2021
  • First Open Lien Mortgage Loan Amount: $232,000
  • 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: $240,900
  • Market Land Value: $24,000
  • Market Improvement Value: $216,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $240,900
  • Assessed Land Value: $24,000
  • Assessed Improvements Value: $216,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 12, 2021
  • Current Sale Recording Date: Sep 09, 2021
  • Current Sale Transaction ID: 11916396588
  • Current Sale Price: $235,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100119572
  • Previous Sale Recording Date: Sep 09, 2021
  • Previous Sale Contract Date: Jul 12, 2021
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MERCHANTS BANK NA
  • First Mortgage Transaction Date: Sep 09, 2021
  • First Mortgage Loan Amount: $232,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: FIRST MERCHANTS BANK NA
  • Previous Mortgage Transaction Date: Sep 09, 2021
  • Previous Mortgage Loan Amount: $232,000
  • 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
2 Baths
1,312 ft²
$118/ft²
$155,000 Apr 25, 2023
-
-
House
2 Beds
1 Bath
1,057 ft²
$147/ft²
$155,000 Feb 10, 2023
-
-
House
2 Beds
1 Bath
990 ft²
$152/ft²
$150,000 Jun 2, 2023
-
-
House
2 Beds
1 Bath
867 ft²
$156/ft²
$134,900 May 17, 2023
-
-
House
2 Beds
1 Bath
988 ft²
$147/ft²
$145,000 Feb 21, 2023
-
-
House
5 Beds
2 Baths
2,134 ft²
$75/ft²
$160,000 Nov 10, 2022
-
-
Multifamily
Stu
-
-
$165,000 May 2, 2023
-
-
Multifamily
Stu
-
-
$149,000 Feb 27, 2023
-
-
Multifamily
Stu
-
-
$175,000 Mar 23, 2023
-
-

About Near Eastside


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Nearby Rentals



Frequently Asked Questions

When was property at 402 North Drexel Avenue built and last sold?
The property at 402 North Drexel Avenue was built in 1909 and last sold on Jul 12, 2021 for $235,500.
How much is this home worth?
The estimated value of the home located at 402 North Drexel Avenue is $173,684.
What are some comparable homes to 402 North Drexel Avenue?
There are currently no comparable homes to 402 North Drexel Avenue.

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