See Home Value
$140,606*
House - Off Market

4050 South Rural Street

Indianapolis, IN 46227
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1210 Sqft
$90,000 - $100,000
Reference Base Price*
46.47%
Since Nov 1, 2019
National-US
Primary Model
Sold Oct 21, 2019
$97,000
$92,150 by Mjw Financial Llc
Mortgage

About This Property

Well maintained, One Owner Ranch in Perry Township with 2 car detached garage, fenced in yard, nice deck. Dining room can be used as a 3rd bedroom by adding a a couple of doors. Within minutes and walking distance to U Indy-Large windows to let in lots of light-all appliances included-Lots of closet space-possible hardwood under carpet-New kitchen sink-Newer Furnace and AC-New water heater-Double vanity sinks in master-Huge walk in closet in the master-His and her closets-Garage contains a workshop-Mini Barn-Conveniently located near downtown, I-65/I-70/I-465/I-74 be on your way to any part of the city within minutes. Restaurants, Grocery, schools,tennis dome all within walking distance

The manager has listed the unit size as 1210 square feet.
Unit Size
1,210Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$79
Property Type
House
Property Taxes
$522
HOA Dues
-
Year Built
1950

Price History

Date / Event Date Event Price
Oct 21, 2019 Sold to Kenneth Chestnut $115,200
Sold to Kenneth Chestnut
Oct 14, 2019 No longer available -
No longer available
Aug 17, 2019 Price Increased $95,999
↑ $999 (1.1%)
Price Increased
Aug 14, 2019 Price Decreased $95,000
↓ $4K (4%)
Price Decreased
Jul 22, 2019 Listed $99,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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
  • Garage Type: Detached
  • Garage Square Area: 440
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 16,989
  • Total Building Area: 1,210
  • Gross Building Area: 1,210
  • Building Area: 1,210
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,210
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.39
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: 90FT EL 190FT SL BEG ON EL 916.68FT S OF NE CORPT W1/2 NW1/4 S32 T15 R4 .39AC

Ownership

  • Current Owner : CHESTNUT KENNETH
  • Previous Owner : SWARTZ DARRIN K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Perry Township Metropolitan School District
  • Census Tract: 380502

Geography

  • Assessors Map Reference: 2447-B5
  • District: 0005
  • Section: 320
  • Parcel: 49-10-32-101-013.000-500
  • Meridian: SEC 32 TWN 15 RNG 4
  • Municipality: PERRY TOWNSHIP
  • Latitude: 39.7059
  • Longitude: -86.1161

    Address

  • Full Address: 4050 S Rural St
  • Address - House Number: 4050
  • Street Direction: S
  • Address - Street Name: Rural
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C043
  • 4-Digit Zip Code: 3865
  • Zip Code: 46227

Valuation

    Tax

  • Total Area: 1,210
  • Tax Year: 2022
  • Tax Amount: $605
  • Tax Rate Code Area: 500

    Appraisal Valuation

  • Standard Deviation: 0.2478
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 203,641
  • High Value: 254,124
  • Low Value: 153,159

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $92,150
  • First Open Lien Mortgage Lender: MJW FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Oct 21, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $92,150
  • 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: $137,400
  • Market Land Value: $15,200
  • Market Improvement Value: $122,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $137,400
  • Assessed Land Value: $15,200
  • Assessed Improvements Value: $122,200

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 11, 2019
  • Current Sale Recording Date: Oct 21, 2019
  • Current Sale Transaction ID: 11670670692
  • Current Sale Price: $97,000
  • Current Sale Document Type: Personal Representatives Deed
  • Current Sale Input Document Number: A201900103559

    Last Sale Mortgage

  • First Mortgage Lender: MJW FINANCIAL LLC
  • First Mortgage Transaction Date: Oct 21, 2019
  • First Mortgage Loan Amount: $92,150
  • 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

About University Heights


Similar Homes for Sale

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Nearby Rentals

Unit for rent at 2236 E Gimber Street, Indianapolis, IN, 46203

$1,745 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
2236 E Gimber Street, Indianapolis, IN, 46203 Listing by Teresa Lents


Frequently Asked Questions

When was property at 4050 South Rural Street built and last sold?
The property at 4050 South Rural Street was built in 1950 and last sold on Oct 11, 2019 for $97,000.
How much is this home worth?
The estimated value of the home located at 4050 South Rural Street is $103,808.
What are some comparable homes to 4050 South Rural Street?
There are currently no comparable homes to 4050 South Rural Street.

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