1218 Shepard St, Indianapolis, IN 46221

2 beds2 baths1,400 sqft Edit

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Sold: $9,000
Sold on 09/25/13
Zestimate®: $46,884
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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This property has endless possibilities. It is a duplex that has 1 bedroom and 1 bath on each side with a living room and eat-in kitchen. Each side also offers a basement. Only offers from buyers utilizing federal funds under the NSP, municipalities, non-profit organizations and owner-occupants will be considered during the 8th-12th days after the initial listing date. Buyers should obtain a free prequalification letter from Wells Fargo Home Mortgage. Buyers/Agents - for any escalations concerning property offers where our Listing Agent is unable to provide an answer, please call the Wells Fargo REO Department at 1-877-617-5274" Thank You!

Facts

  • Lot: 5,227 sqft
  • Multi Family
  • Built in 1920
  • Views: 451 all time views
  • Heating: Forced air
  • Last sold: Sep 2013 for $9,000
  • Last sale price/sqft: $6

Features

  • Parking: Garage - Detached, 399 sqft

      Construction

      • Roof type: Asphalt
      • Room count: 5
      • Stories: 1
      • Unit count: 2

      Other

      • Floor size: 1,400 sqft
      • Last remodel year: 1920
      • Lot depth: 136 ft
      • Lot width: 38 ft
      • Parcel #: 491115133038000101
      • Zillow Home ID: 1087259

      Zestimate Details

      Zestimate
      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

      The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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      $46,884
      -$2,115 Last 30 days
      $39K
      $52K
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $750/mo
      +$2 Last 30 days
      $600
      $1K
      Zestimate range

      Improve This Home's Value

      Thinking remodel? See home ideas and estimates on Zillow Digs.

      Estimate $31,400 Contemporary Kitchen Ideas
      Estimate $22,400 Contemporary Kitchen Ideas
      Estimate $37,400 Traditional Kitchen Ideas

      Popularity on Zillow

      If this home is listed on Zillow, it will reach the largest real estate network on the web.*
      451 all-time views
      of this home (chart)
      20 forecasted views of this home
      in the first 7 days after listing for sale
      (351 views if listed for rent)

      Comparable Homes

      Homes like this sold for $36-49K.

      $30K
      $60K

      Mortgages

      Neighborhood: 46221

      Median Zestimate

      $93,700

      5.5%

      1-yr forecast

      The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

      Zillow predicts 46221 home values will fall 0.7% next year, compared to a 2.1% increase for Indianapolis Metro as a whole. Among 46221 homes, this home is valued 46.6% less than the midpoint (median) home, and is valued 90.9% less per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In 46221, the number of foreclosures waiting to be sold is 130.3% higher than in Indianapolis Metro, and 44.8% greater than the national average. This higher local number may prevent 46221 home values from rising as quickly as other regions in Indianapolis Metro.
        read more Less 

      Nearby

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        Nearby Schools in Indianapolis

        GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

        Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

        Data by GreatSchools.org