9 days on rocket

Sale Pending

3937 N Grand Ave, Indianapolis, IN, 46226

$140,000

Home List Price

$1,663*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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3937 N Grand Ave, Indianapolis$140,000

Buyer Closing Credits

$1,663*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1955
CoolingWindow Unit(s)
MLS #21975773
Lot Size0.22 Acres
StatusSale Pending
(Pending)

About 3937 N Grand Ave

All-brick Duplex in great rental location! Market rent is $800 per month per unit. Easy to rent and manage has a lot to offer a new or experienced investor. Both units are well maintained and rented till 9/30/2024. Updated Flooring, trim, paint, new furnace on 3937 side done recently. Full rehab including mechanicals, roof, windows all done 7 years ago. Includes all appliances. Both units are metered separately, and tenant pays all utilities. People love the area for being near bus line, close to town. Both units currently rented. Please do not disturb occupants. Tenants' rights apply. Seller must be present for showings Monday through Friday 8am to 5pm. Need 48-hour notice to schedule showings with tenants.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1955

Listing Office:

  • Office Name: Flat Fee Realty, LLC
  • Office Email: flatfeeindy@att.net
  • Listing Agent: Vern Carter

Interior Features

Interior Information:

  • Basement: No

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Rousseau Mc Clellan 91, Public Magnet Grades KG-8
  • Merle Sidener Gifted Academy, Public District Grades 2-8
  • Center For Inquiry II, Public District Grades KG-8
  • Floro Torrence School 83, Public District Grades KG-6
  • Theodore Potter School 74, Public District Grades KG-6
  • Ernie Pyle School 90, Public District Grades PK-6

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $140,000

Tax Information:

  • Annual Amount: $1,768
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Indianapolis, IN.

Med. Sold Price

$240K

Med. Price/SqFt

$136

Avg. Days On Market

32

# of Sold Homes

1089

3937 N Grand Ave vs Indianapolis

9 DAYS ON ROCKET

-23 Days

$140,000

-$100K Less

KEY TAKEAWAY

This property is $100K less than the Median Sold Price in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21975773

Listing Office:

  • Office Name: Flat Fee Realty, LLC
  • Office Email: flatfeeindy@att.net
  • Listing Agent: Vern Carter

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to helpdesk@miborsupport.com and DMCAnotice@MLSGrid.com.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 2:16:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 26, 2016Home Sold
$20,000
Sep 23, 2015Home Sold
$30,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,768$66,800
2019$1,853$74,900
2018$1,561$72,500
2017$1,478$67,700

History based on county public records data.

Payment Calculator

$766

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$486

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5996711
1
/10
  • Floro Torrence School 83

  • 5050 E 42nd St

  • 0.43 miles

  • Public District Grades KG-6

school-card-donut-5996712
2
/10
  • Theodore Potter School 74

  • 1601 E 10th St

  • 4.23 miles

  • Public District Grades KG-6

school-card-donut-5996713
4
/10
  • Ernie Pyle School 90

  • 3351 W 18th St

  • 7.57 miles

  • Public District Grades PK-6

Middle School

school-card-donut-5996714
3
/10
  • Rousseau Mc Clellan 91

  • 5111 Evanston Ave

  • 2.65 miles

  • Public Magnet Grades KG-8

school-card-donut-5996715
9
/10
  • Merle Sidener Gifted Academy

  • 2424 Kessler Boulevard East Dr

  • 3.19 miles

  • Public District Grades 2-8

school-card-donut-5996716
10
/10
  • Center For Inquiry II

  • 440 E 57th St

  • 4.20 miles

  • Public District Grades KG-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,357. The most common annual income of people living in Indianapolis, IN is between $35k-100k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesIndianaMarion CountyIndianapolis462263937 N Grand Ave

This home is located at 3937 N Grand Ave in Indianapolis, IN and zip code 46226 in the Devington neighborhood. This home, which was built in 1955, sits on a 0.22 acre lot. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $140,000.

In April 2024 more than 316 listings in Indianapolis, IN were sold above the asking price. During the same period more than 280 listings were sold at asking price, while more than 493 were sold below. Between March 2024 and April 2024, Indianapolis, IN real estate market has seen increase in the number of listings by 0.3%. The median list price of listings available in April 2024 was $240,065, while the average time on the real estate market was 32 days.

From Rocket Homes Real Estate and based on county public records data.

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