NOT LISTED FOR SALE

1016 E Morris St Indianapolis, IN 46203

Fountain Square Neighborhood

Estimated Value: $371,000 - $419,000

3 Beds
2 Baths
1,833 Sq Ft
$214/Sq Ft Est. Value

Last Sold July 18, 2024

Last sale price $375,000 $205 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,391/month

60 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • No HOA
  • Vaulted Ceiling
  • L-Shaped Dining Room
  • Covered Patio or Porch

About This Home

As of July 2024

Rare and restored fountain square home with an oversized garage, fenced yard, large deck and a clean/dry partially finished basement! The seller updated every room in this home with a focus on preserving the original character. Updates include windows, basment shelving, laundry room with washer and dryer installed. Short walk to Fountain Square and easy access to highways. You know this won't last long!

Last Agent to Sell the Property

Russell Coston

Realty of America LLC Brokerage Email: Russell.Coston@realtyofamerica.com License #RB16000954 Listed on: 04/12/2024

Last Buyer's Agent

Alexander Elston

United Real Estate Indpls

United Real Estate Indpls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,828

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 4,443

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Brick Foundation
  • Block Foundation
  • Stone

Interior Spaces

  • 1.5-Story Property
  • Vaulted Ceiling
  • Entrance Foyer
  • L-Shaped Dining Room
  • Attic Access Panel
  • Basement

Kitchen

  • Gas Oven
  • Dishwasher

Flooring

  • Wood
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • High Speed Internet

Additional Features

  • 4,443 Sq Ft Lot
  • City Lot

Community Details

  • No Home Owners Association
  • Fountain Square Subdivision

Listing and Financial Details

  • Tax Lot L4
  • Assessor Parcel Number 491113130003000101
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,828

Year Built

Built in 1920 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1920
  • Building Area Total: 2619
  • Garage Y N: Yes
  • Lot Size Acres: 0.1
  • Subdivision Name: Fountain Square
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: Russell.Coston@realtyofamerica.com
  • Attribution Contact: Russell.Coston@realtyofamerica.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Appliances: Dishwasher, Dryer, Gas Oven, Refrigerator, Washer
  • Levels: One and One Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 87
  • Interior Amenities: Attic Access, Raised Ceiling(s), Entrance Foyer, Hardwood Floors, Hi-Speed Internet Availbl
  • Living Area: 1833
  • Spa Y N: No
  • Eating Area: Dining-L
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 873
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 873
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Wood With Stone
  • Fencing: Fence Complete
  • Foundation Details: Block, Brick
  • Patio And Porch Features: Covered Porch, Deck Main Level
  • Pool Private Y N: No
  • Property Condition: Updated/Remodeled
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: City Lot, Sidewalks
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 4443
  • Parcel Number: 491113130003000101
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3828
  • Tax Lot: L4
  • Semi Annual Property Tax Amt: 1914
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
Jul 18, 2024
Sold by
Vatterrodt Clint
Bought by
Trippel Jefferson
Seller's Agent
Russell Coston
Realty of America LLC
Buyer's Agent
Alexander Elston
United Real Estate Indpls
List Price
$390,000
Sold Price
$375,000
Premium/Discount to List
-$15,000
-3.85%
Views
75
Current Estimated Value
$392,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,379
Avg. Annual Appreciation
3.17%
Original Mortgage
$275,000
Outstanding Balance
$261,636
Interest Rate
6.29%
Mortgage Type
New Conventional
Estimated Equity
$130,743

Purchase Details

Listed on
Apr 12, 2024
Closed on
Jul 15, 2024
Sold by
Vatterrodt Clint
Bought by
Trippel Jefferson
Seller's Agent
Russell Coston
Realty of America LLC
Buyer's Agent
Alexander Elston
United Real Estate Indpls
List Price
$390,000
Sold Price
$375,000
Premium/Discount to List
-$15,000
-3.85%
Views
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Outstanding Balance
$261,636
Interest Rate
6.29%
Mortgage Type
New Conventional
Estimated Equity
$130,743

Purchase Details

Listed on
Apr 19, 2018
Closed on
May 25, 2018
Sold by
Nicholson Reed C
Bought by
Vatterrodt Clint
Seller's Agent
Jenni Bliss McMillion
@properties
Buyer's Agent
Jeffrey Paxson
List Price
$285,000
Sold Price
$280,000
Premium/Discount to List
-$5,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.86%
Original Mortgage
$238,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2009
Sold by
Crawley Jeff and Crawley Victoria
Bought by
Nicholson Reed C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,443
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 17, 2009
Sold by
Crawley Jeffery
Bought by
Crawley Jeff and Crawley Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2006
Sold by
Burnett Aleta
Bought by
Crawley Jeffery

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,600
Interest Rate
6.34%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Trippel Jefferson -- Meridian Title
Trippel Jefferson $375,000 Meridian Title
Vatterrodt Clint $280,000 --
Vatterrodt Clint $280,000 Security Title
Nicholson Reed C -- Chicago Title Insurance Co
Crawley Jeff -- None Available
Crawley Jeffery -- Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trippel Jefferson $275,000
Closed Trippel Jefferson $275,000
Previous Owner Vatterrodt Clint $238,000
Previous Owner Nicholson Reed C $111,443
Previous Owner Crawley Jeff $109,000
Previous Owner Crawley Jeffery $21,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/18/2024 07/18/24 Sold $375,000 -2.6% $205 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
05/23/2024 05/23/24 Price Changed $385,000 -1.3% $210 / Sq Ft
04/13/2024 04/13/24 For Sale $390,000 +39.3% $213 / Sq Ft
05/25/2018 05/25/18 Sold $280,000 -1.8% $108 / Sq Ft View Prior Sale
04/26/2018 04/26/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $285,000 -- $110 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

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 $4,026 $317,800 $49,100 $268,700
2023 $4,026 $330,700 $49,100 $281,600
2022 $3,914 $313,600 $49,100 $264,500
2021 $3,481 $291,400 $49,100 $242,300
2020 $3,233 $269,900 $49,100 $220,800
2019 $2,480 $203,800 $10,000 $193,800
2018 $860 $89,300 $10,000 $79,300
2017 $647 $82,600 $10,000 $72,600
2016 $497 $75,400 $10,000 $65,400
2014 $460 $74,500 $10,000 $64,500
2013 $491 $69,900 $10,000 $59,900
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Russell Coston

    Realty of America LLC

    (317) 844-5111

    1 in this area

    13 Total Sales

    Russell Coston
    Section Image

  • A

    Buyer's Agent in 2024

    Alexander Elston

    United Real Estate Indpls

    Section Image
  • Jenni Bliss McMillion

    Seller's Agent in 2018

    Jenni Bliss McMillion

    @properties

    (317) 869-5962

    11 in this area

    204 Total Sales

    Jenni Bliss McMillion
    Section Image

  • J

    Buyer's Agent in 2018

    Jeffrey Paxson

  • J

    Buyer's Agent in 2018

    Jeff Paxson

    Jeff Paxson Team

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21973475

MIBOR Broker Listing Cooperative®

APN: 49-11-13-130-003.000-101

Indiana Marion County Indianapolis 46203 Fountain Square

1016 E Morris St, Indianapolis, IN

Not Listed for Sale

Detached

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