525 North Somerset Avenue

Indianapolis, IN 46222

$55,050
Last Sold Price
2
Beds
1
Bath
1,271 Sq. Ft.
$43 / Sq. Ft.
1,271
Sq. Ft.
$43
per Sq. Ft.

Description

Investor alert!! Great "flip" investment or long-term rental (BRRRR). This is a 2 bed, 1 bath home that needs renovations and repairs throughout. Large lot with enough space to add on. Located very close to all of the continuing development in Speedway! This home has great potential! Don't miss this one!Investor alert!! Great "flip" investment or long-term rental (BRRRR). This is a 2 bed, 1 bath home that needs renovations and repairs throughout. Large lot with enough space to add on. Located very close to all of the continuing development in Speedway! This home has great potential! Don't miss this one!

Listing Agent

  1. Ryan Rominger

    Ryan Rominger

    Listing Agent

    Compass

Property Details for 525 North Somerset Avenue

Architectural Style
Bungalow
Subdivision Name
Fairfax
Township
Wayne

Location

Sold By eXp Realty, LLC

Add your commute
LISTING UPDATED: 01/16/2023 05:12 PM

Property Details for 525 North Somerset Avenue

StatusClosed
MLS #21882298
Days on Market3
Taxes$173 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1910
Lot Size0.15 AC / 6,621 SF
CountyMarion County

Location

Sold By eXp Realty, LLC

Add your commute

Virtual Tour

Building Information for 525 North Somerset Avenue

Stories-Year Built1910Building Size-Lot Size0.15 AC / 6,621 SF

Payment Calculator

$329 per month

30 year fixed, 7.25% Interest

Principal and Interest

$300

Property Taxes

$29

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 525 North Somerset Avenue

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: West on West Michigan. North on Somerset. House is on the East side of street.
  • Postal Code: 46222
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 491105117600000901
  • Semi Annual Property Tax Amt: 173
  • Tax Exemption: None
  • Tax Year: 2021
  • TaxLot: 388
School Information
  • School District: MSD Wayne Township
Parking
  • Garage YN: No
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Size Square Feet: 6621.0
  • Lot Size Acres: 0.152
  • Main Level SqFt: 920
  • MLS: MIBOR
  • New Construction: False
  • Sqft Total: 920.0
  • Sq Ft Total: 1271.0
  • Year Built Numeric: 1910
  • Below Grade Finished Area: 0.0
  • Living Area Source: Assessor
  • SqFt Total: 1271
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Inspection Warranties: See Remarks,Not Applicable
  • Legal Subdivision: FAIRFAX ADD S 1/2 L388 & L389
  • Ownership Type: No Assoc
  • Photos Count: 39
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
  • Buyer Financing: Cash
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: Yes
  • Water Source: Municipal/City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Block
Interior Features
  • Appliances: None
  • Basement Description: Cellar, Partial
  • Basement YN: Yes
  • Cooling: None
  • Eating Area: Formal Dining Room, Separate Room
  • Fireplaces Total: 0
  • Heating: Other, No Heating, Gas
  • Interior Features: Hardwood Floors, Windows Wood
  • Levels: One
  • Additional Equipment: Not Applicable
  • Room List: Primary Bedroom, Kitchen
  • Room and Features: Primary Bedroom-Main-Hardwood, Kitchen-Main-Hardwood
  • Main Level Bedrooms: 2
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 6
  • Rooms Total MU: 6
  • Total Rooms: 6
Room 1
  • Room Level: Main
  • Room Dimensions: 8x8
  • Room Features: Hardwood
  • Room Type: Primary Bedroom
Room 2
  • Room Level: Main
  • Room Dimensions: 10x10
  • Room Features: Hardwood
  • Room Type: Kitchen
Bathrooms
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Count: 1
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 2
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 2
  • Bedrooms MU: 2
  • Bedrooms Total: 2

Property History for 525 North Somerset Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 525 North Somerset Avenue

Taxable ValueLand$4,300Additions$47,500Total$51,800
Tax Record2022$484 ($40 / month)
Home Facts
Beds1Total Finished SqFt920 SqFtAbove Grade Finished SqFt920 SqFtStories1Lot Size6,621 SqFtStyleSingle Family ResidenceYear Built1910CountyMARIONAPN49-11-05-117-600.000-901

Schools near 525 North Somerset Avenue

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 3 to 12
Rating
School
Distance
Stephen Foster School 67
PublicPK to 8

Arsenal Technical High School
Public9 to 12

Impact Academy
Public3 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.