Investor alert! This 3 bedroom, 1 bathroom brick ranch has so much potential either as a quick flip or as a cash-flowing rental. The home just had the carpets cleaned and the interior repainted and could be rent-ready with minimal investment. The HVAC system is only 5 years old, and the gas water heater is only 2 years old, plus the refrigerator and gas range are included. Its location on a cul-de-sac in a quiet neighborhood with an expansive backyard that will appeal to tenants (or buyers for your flip). The Rentometer report shows an average rent of $1215/month for similar homes in the area; buyer to do their own financial research and room measurements. Sold "as-is" or waive inspection. No assignments of contract. Please no offer responses before Monday at 6 pm.
Sold
$115,000
3538 Jerome Ct, Indianapolis, IN 46235
3beds
962sqft
Residential, Single Family Residence
Built in 1970
7,405 Square Feet Lot
$132,300 Zestimate®
$120/sqft
$1,511 Estimated rent
Home value
$132,300
$119,000 - $144,000
$1,511/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Elizabeth Ewbank 317-258-7019,
Highgarden Real Estate
Bought with:
Yvette Clark
Berkshire Hathaway Home
Yvette Clark
Berkshire Hathaway Home
Source: MIBOR as distributed by MLS GRID,MLS#: 21996036
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Features: Carpet
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Bedroom 2
- Features: Carpet
- Level: Main
- Area: 88 Square Feet
- Dimensions: 8x11
Bedroom 3
- Features: Carpet
- Level: Main
- Area: 80 Square Feet
- Dimensions: 10x8
Dining room
- Features: Vinyl
- Level: Main
- Area: 96 Square Feet
- Dimensions: 8x12
Kitchen
- Features: Vinyl
- Level: Main
- Area: 108 Square Feet
- Dimensions: 9x12
Living room
- Features: Carpet
- Level: Main
- Area: 165 Square Feet
- Dimensions: 15x11
Heating
- Forced Air
Cooling
- Has cooling: Yes
Appliances
- Included: Gas Water Heater, Gas Oven, Refrigerator
Features
- Eat-in Kitchen, Smart Thermostat
- Windows: Wood Work Painted
- Has basement: No
Interior area
- Total structure area: 962
- Total interior livable area: 962 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
Lot
- Size: 7,405 Square Feet
Details
- Parcel number: 490820103018000701
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Brick
- Foundation: Slab
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Water: Municipal/City
Community & HOA
Community
- Subdivision: North Eastwood
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $120/sqft
- Tax assessed value: $102,000
- Annual tax amount: $1,776
- Date on market: 8/22/2024
- Cumulative days on market: 6 days
Price history
| Date | Event | Price |
|---|---|---|
| 10/9/2024 | Sold | $115,000+4.5%$120/sqft |
Source:  MIBOR as distributed by MLS GRID #21996036 Report a problem | ||
| 8/27/2024 | Pending sale | $110,000$114/sqft |
Source: MIBOR as distributed by MLS GRID #21996036 Report a problem | ||
| 8/22/2024 | Listed for sale | $110,000+197.3%$114/sqft |
Source: MIBOR as distributed by MLS GRID #21996036 Report a problem | ||
| 7/17/2007 | Sold | $37,000$38/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,922 -3.4% | $102,000 +25.9% |
| 2024 | $1,990 +12.1% | $81,000 -3.5% |
| 2023 | $1,775 +23.3% | $83,900 +11.6% |
| 2022 | $1,440 +4.1% | $75,200 +20.5% |
| 2021 | $1,382 +1.3% | $62,400 +4.5% |
| 2020 | $1,365 +6.3% | $59,700 +3.3% |
| 2019 | $1,284 +16.5% | $57,800 +7.2% |
| 2018 | $1,102 +6.2% | $53,900 +6.9% |
| 2017 | $1,037 -3.3% | $50,400 +7.2% |
| 2016 | $1,073 +3% | $47,000 -2.9% |
| 2014 | $1,042 +217.1% | $48,400 -2% |
| 2013 | $329 | $49,400 -4.1% |
| 2012 | $329 | $51,500 -1.2% |
| 2011 | -- | $52,100 |
| 2010 | $311 +6% | $52,100 -3.9% |
| 2009 | $293 | $54,200 -10% |
| 2007 | -- | $60,200 +4.5% |
| 2006 | -- | $57,600 +8.1% |
| 2005 | -- | $53,300 |
| 2004 | -- | $53,300 |
| 2003 | -- | $53,300 +62.5% |
| 2002 | -- | $32,800 +199.8% |
| 2001 | -- | $10,940 |
| 2000 | -- | $10,940 |
Find assessor info on the county website
Neighborhood: Far Eastside
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Nearby schools
GreatSchools rating
- 4/10George S. Buck School 94Grades: PK-6Distance: 1.5 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 8.7 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 7.7 mi
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Estimated market value
$132,300
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Estimated market value
$132,300
- Indiana
- Marion County
- Indianapolis
- 46235
- Far Eastside
- 3538 Jerome Ct
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