See Home Value
$281,363*
House - Off Market

722 Cottage Avenue

Indianapolis, IN 46203
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2488 Sqft
$225,000 - $275,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Oct 24, 2022
$278,600
$274,928 by United Wholesale Mortgage Llc
Mortgage Due Nov 01, 2052
Sold Aug 06, 2019
Transfer

About This Property

Brand new roof on this updated home and detached garage! 4 bedroom 2 full bath home in the heart of Bates-Hendricks. Great investment opportunity with nice rental income potential. This home features covered front porch, open floor plan, updated eat-in kitchen w/center island, 9' ceiling and laminate flooring on main level. Laundry room on main. 2nd level has it's own HVAC, large walk-in closet and full bathroom which could be turned into master suite. Unfinished basement offers extra storage. Detached 1 car garage w/service door. Full privacy fenced in backyard. Conveniently located to Fountain Square, Garfield Park, the Cultural Trail and just minutes from downtown.

The manager has listed the unit size as 2488 square feet.
Unit Size
2,488Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$100
Property Type
House
Property Taxes
$341
HOA Dues
-
Year Built
1900

Price History

Date / Event Date Event Price
Oct 26, 2021 No longer available -
No longer available
Sep 15, 2021 Price Decreased $250,000
↓ $5K (2%)
Price Decreased
Sep 9, 2021 Price Decreased $255,000
↓ $15K (5.6%)
Price Decreased
Aug 10, 2021 Price Decreased $270,000
↓ $5K (1.8%)
Price Decreased
Jul 19, 2021 Relisted $275,000
Relisted
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Basement Area: 609
  • Garage Type: Detached
  • Garage Square Area: 384
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,485
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 350
  • Total Building Area: 2,989
  • Gross Building Area: 2,989
  • Building Area: 2,380
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,380
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SOUTH PARK ADD 2ND SEC
  • Land Acres: 0.08
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: S PARK SEC 2 L136

Ownership

  • Current Owner : WILLIAMS ALFREDRICK
  • Previous Owner : EVERYTHING REAL ESTATE LLC
  • Owner Before Previous Owner: STEWART LACHANTE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 357000

Geography

  • Assessors Map Reference: 2337-D6
  • Parcel: 49-11-13-123-060.000-101
  • Lot: 136
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7477
  • Longitude: -86.1467

    Address

  • Full Address: 722 Cottage Ave
  • Address - House Number: 722
  • Address - Street Name: Cottage
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C023
  • 4-Digit Zip Code: 2709
  • Zip Code: 46203

Valuation

    Tax

  • Total Area: 2,989
  • Tax Year: 2022
  • Tax Amount: $3,988
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.1635
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 79
  • Final Value: 246,769
  • High Value: 287,135
  • Low Value: 206,403

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $274,928
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 24, 2022
  • First Open Lien Mortgage Loan Amount: $274,928
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2052

    Market Valuation

  • Market Total Value: $334,000
  • Market Land Value: $34,000
  • Market Improvement Value: $300,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $334,000
  • Assessed Land Value: $34,000
  • Assessed Improvements Value: $300,000

    Sales

  • Current Sale Contract Date: Oct 17, 2022
  • Current Sale Recording Date: Oct 24, 2022
  • Current Sale Transaction ID: 11898010563
  • Current Sale Price: $278,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 115696
  • Previous Sale Recording Date: Aug 06, 2019
  • Previous Sale Contract Date: Jul 29, 2019
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 24, 2022
  • First Mortgage Loan Amount: $274,928
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2052



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
4 Beds
2 Baths
-
$208,000 Nov 4, 2016
$208,000 Mar 7, 2017
$602/mo
House
4 Beds
2.5 Baths
2,636 ft²
$99/ft²
$259,900 Nov 11, 2022
-
$81/mo
House
3 Beds
3 Baths
2,086 ft²
$105/ft²
$220,000 Aug 22, 2022
-
$186/mo
House
3 Beds
2.5 Baths
1,728 ft²
$159/ft²
$274,900 Sep 6, 2022
-
$12/mo
House
3 Beds
2 Baths
992 ft²
$272/ft²
$270,000 Nov 23, 2022
-
$129/mo
House
2 Beds
2 Baths
1,640 ft²
$149/ft²
$244,900 Sep 29, 2022
-
$173/mo
House
2 Beds
2 Baths
1,865 ft²
$155/ft²
$289,900 Jun 18, 2022
-
$113/mo
House
2 Beds
2.5 Baths
1,410 ft²
$152/ft²
$214,900 Sep 30, 2022
-
$168/mo
Multifamily
Stu
-
-
$210,000 Jul 26, 2022
-
$114/mo

About Near Southside


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Frequently Asked Questions

When was property at 722 Cottage Avenue built and last sold?
The property at 722 Cottage Avenue was built in 1900 and last sold on Oct 17, 2022 for $278,600.
How much is this home worth?
The estimated value of the home located at 722 Cottage Avenue is $263,668.
What are some comparable homes to 722 Cottage Avenue?
There are currently no comparable homes to 722 Cottage Avenue.

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