See Home Value
$369,355*
House - Off Market

4840 North Capitol Avenue

Indianapolis, IN 46208
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1779 Sqft
$315,000 - $385,000
Reference Base Price*
5.53%
Since Dec 1, 2022
National-US
Primary Model
Sold Nov 10, 2022
$337,500
$225,225 by Bpl Mortgage Trust Llc
Mortgage Due Sep 01, 2053
Sold Aug 30, 2018
$255,000
$242,250 by Langdon Mortgage Co Inc
Mortgage Due Sep 01, 2048

About This Property

Charming stucco bungalow home w/ vintage character in the heart of Butler-Tarkington! This architectural classic is in great condition & features lots of windows, gorgeous hardwood flooring, crown molding & arched doorways throughout. Entry leads to spacious Living Room w/ slate tile wood-burning fireplace & separate Dining Room w/bay window. Kitchen has granite counters, tile backsplash & SS appliances. Finished lower level has 3rd bedroom & full bath w/ jetted tub. Incredible finished garage offers huge bonus space for Office/Recreation complete w/ A/C. NEW water heater 2022, NEW windows 2020. Enjoy relaxing on front covered porch or entertaining on sprawling deck overlooking private, fenced-in backyard w/ mature trees & lush landscaping!

The manager has listed the unit size as 1779 square feet.
Unit Size
1,779Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$197
Property Type
House
Property Taxes
$249
HOA Dues
-
Year Built
1922

Price History

Date / Event Date Event Price
Nov 5, 2022 No longer available -
No longer available
Sep 23, 2022 In contract -
In contract
Sep 7, 2022 Price Decreased $350,000
↓ $15K (4.1%)
Price Decreased
Aug 16, 2022 Price Decreased $365,000
↓ $10K (2.7%)
Price Decreased
Jul 22, 2022 Price Decreased $375,000
↓ $10K (2.6%)
Price Decreased
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Other
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 492
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,409
  • Lot Size Depth Feet: 1,470
  • Lot Size Frontage Feet: 640
  • Total Building Area: 1,779
  • Gross Building Area: 1,779
  • Building Area: 1,287
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,287
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: A B CARTERS 5TH ADDITION
  • Land Acres: 0.216
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: A B CARTERS 5TH ADD L528 & 7 1/2FT W & ADJ L528

Ownership

  • Current Owner : ELLEMAN FRED B
  • Previous Owner : DICKLITCH LEE
  • Owner Before Previous Owner: GONDIM DIBSON DIBE

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 321900

Geography

  • Assessors Map Reference: 2119-C7
  • District: 0008
  • Section: 110
  • Parcel: 49-06-11-106-012.000-801
  • Lot: 528
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8422
  • Longitude: -86.1621

    Address

  • Full Address: 4840 N Capitol Ave
  • Address - House Number: 4840
  • Street Direction: N
  • Address - Street Name: Capitol
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C016
  • 4-Digit Zip Code: 3520
  • Zip Code: 46208

Valuation

    Tax

  • Total Area: 1,779
  • Tax Year: 2022
  • Tax Amount: $3,969
  • Tax Rate Code Area: 801

    Appraisal Valuation

  • Standard Deviation: 0.2261
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 405,382
  • High Value: 497,052
  • Low Value: 313,711

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,225
  • First Open Lien Mortgage Lender: BPL MORTGAGE TRUST LLC
  • First Open Lien Mortgage Recording Date: Aug 24, 2023
  • First Open Lien Mortgage Loan Amount: $225,225
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2053

    Market Valuation

  • Market Total Value: $333,300
  • Market Land Value: $57,500
  • Market Improvement Value: $275,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $333,300
  • Assessed Land Value: $57,500
  • Assessed Improvements Value: $275,800

    Sales

  • Current Sale Contract Date: Nov 03, 2022
  • Current Sale Recording Date: Nov 10, 2022
  • Current Sale Transaction ID: 11898684738
  • Current Sale Price: $337,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 121564
  • Previous Sale Recording Date: Aug 30, 2018
  • Previous Sale Contract Date: Aug 22, 2018
  • Previous Sale Amount: $255,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: LANGDON MORTGAGE CO INC
  • Previous Mortgage Transaction Date: Aug 30, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $242,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2048



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,615 ft²
$217/ft²
$349,900 Mar 31, 2024
-
-
House
2 Beds
2 Baths
1,994 ft²
$160/ft²
$320,000 Apr 5, 2024
-
-
House
4 Beds
2 Baths
1,482 ft²
$236/ft²
$350,000 Mar 20, 2024
-
-
House
4 Beds
2.5 Baths
2,488 ft²
$169/ft²
$420,000 Apr 19, 2024
-
-
Multifamily
Stu
-
-
$350,000 Apr 4, 2024
-
-
Multifamily
Stu
-
-
$349,900 Mar 1, 2024
-
-

About Butler - Tarkington


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Nearby Rentals

Unit for rent at

$1,725 /mo

  • 3 Beds
  • 2 Baths
  • 2,812 ft²
Listing by Evona Watson
Unit for rent at

$1,625 /mo

  • 3 Beds
  • 1.5 Baths
  • 2,049 ft²
Listing by Manager
Unit for rent at

$1,750 /mo

  • 4 Beds
  • 2 Baths
  • 1,668 ft²
Listing by Manager


Frequently Asked Questions

When was property at 4840 North Capitol Avenue built and last sold?
The property at 4840 North Capitol Avenue was built in 1922 and last sold on Nov 3, 2022 for $337,500.
How much is this home worth?
The estimated value of the home located at 4840 North Capitol Avenue is $352,562.
What are some comparable homes to 4840 North Capitol Avenue?
Homes that are comparable to 4840 North Capitol Avenue include a house property at 4840 North Capitol Avenue, located in .

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