Seller's Agent in 2024
Mark Gill
Berkshire Hathaway Home
(317) 716-0137
9 in this area
167 Total Sales
7507 E 48th St Indianapolis, IN 46226
Estimated Value: $171,000 - $199,317
4
Beds
3
Baths
1,953
Sq Ft
$93/Sq Ft
Est. Value
Highlights
- 1.5-Story Property
- Covered patio or porch
- Double Convection Oven
- No HOA
- Formal Dining Room
- 5-minute walk to Explorer Park
About This Home
As of November 2024GREAT OPPORTUNITY IN LAWRENCE! This home is a rare find with 4 beds, 3 full baths & nearly 2000 sf of living space. Home has a ton of character, huge living room with gorgeous stone fireplace. In addition to the 4 bedrooms, the garage has been converted to a flex room that could serve many uses. Exterior features include large corner lot, covered front porch, and fiber cement siding. Property has 2 HVAC systems and 2 water heaters, ensuring optimal comfort through the home. Whether you're a homeowner looking to build sweat equity or an investor seeking a solid rental, this home offers great potential. Conveniently located near schools, shopping, parks and entertainment. With a little TLC, you can transform this property into a beautiful residence or a lucrative investment in the stable Lawrence market. Don't miss the chance to make this home your own or to secure a valuable investment.
Last Listed By
Berkshire Hathaway Home Brokerage Email: mark.gill@hallmarkres.com License #RB18000642 Listed on: 10/10/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,404
Year Built
- Built in 1959
Lot Details
- 7,013
Parking
- 2 Car Attached Garage
Home Design
- 1.5-Story Property
- Traditional Architecture
- Cement Siding
Interior Spaces
- Formal Dining Room
- Crawl Space
- Attic Access Panel
Kitchen
- Double Convection Oven
- Gas Cooktop
- Range Hood
- Dishwasher
Flooring
- Carpet
- Laminate
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Schools
- Brook Park Elementary School
- Belzer Middle School
- Lawrence Central High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Additional Features
- Covered patio or porch
- 7,013 Sq Ft Lot
Community Details
- No Home Owners Association
- Lawrence Manor Subdivision
Listing and Financial Details
- Tax Lot 49-07-12-100-004.000-407
- Assessor Parcel Number 490712100004000407
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 10, 2024
Closed on
Nov 22, 2024
Sold by
Belman Rosemary
Bought by
Smith Magnolia Properties Llc
Seller's Agent
Mark Gill
Berkshire Hathaway Home
Buyer's Agent
Jeff Cotterman
eXp Realty, LLC
List Price
$200,000
Sold Price
$175,000
Premium/Discount to List
-$25,000
-12.5%
Total Days on Market
18
Views
77
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,079
Avg. Annual Appreciation
9.90%
Original Mortgage
$174,000
Outstanding Balance
$173,392
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$8,687
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith Magnolia Properties Llc | -- | None Listed On Document | |
| Smith Magnolia Properties Llc | $174,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Magnolia Properties Llc | $174,000 | |
| Closed | Smith Magnolia Properties Llc | $174,000 | |
| Previous Owner | Belman Rosemary | $106,837 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/22/2024 11/22/24 | Sold | $175,000 | -10.3% | $90 / Sq Ft |
| 10/28/2024 10/28/24 | Pending | -- | -- | -- |
| 10/22/2024 10/22/24 | Price Changed | $195,000 | -2.5% | $100 / Sq Ft |
| 10/10/2024 10/10/24 | For Sale | $200,000 | -- | $102 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,479 | $131,900 | $11,200 | $120,700 |
| 2023 | $1,479 | $140,900 | $11,200 | $129,700 |
| 2022 | $1,468 | $135,100 | $11,200 | $123,900 |
| 2021 | $869 | $94,900 | $11,200 | $83,700 |
| 2020 | $838 | $92,200 | $8,500 | $83,700 |
| 2019 | $722 | $90,000 | $8,500 | $81,500 |
| 2018 | $734 | $90,000 | $8,500 | $81,500 |
| 2017 | $726 | $89,000 | $8,500 | $80,500 |
| 2016 | $701 | $87,800 | $8,500 | $79,300 |
| 2014 | $683 | $92,400 | $8,500 | $83,900 |
| 2013 | $697 | $92,400 | $8,500 | $83,900 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Gill
-
Jeff Cotterman
J
Buyer's Agent in 2024
Jeff Cotterman
eXp Realty, LLC
(317) 902-2600
1 in this area
14 Total Sales
Map
Similar Homes in Indianapolis, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22005665
APN: 49-07-12-100-004.000-407
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