NOT LISTED FOR SALE

109 E Palmer St Indianapolis, IN 46225

Old Southside Neighborhood

Estimated Value: $277,000 - $343,000

3 Beds
2 Baths
1,742 Sq Ft
$183/Sq Ft Est. Value

Last Sold May 11, 2023

Last sale price $315,000 $181 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,935/month

9 Days on Market

Highlights

  • Deck
  • No HOA
  • 1 Car Detached Garage
  • Traditional Architecture
  • Covered Patio or Porch
  • Security System Owned

About This Home

As of May 2023

This one is a MUST SEE! Fully renovated-down to the studs in 2020 and was featured on an episode of HGTV's Good Bones, Season 6. Open floorplan living space with stunning modern kitchen, SS appliances, floor to ceiling cabinets, and quartz countertops with an abundance of light. This charming home has 3 spacious bds on the main floor with a bonus room on the second level. Perfect for the inspired home chef and those nights of entertaining family & friends. Large private backyard, fenced with a spacious deck is the ideal spot for relaxing after a long day. The 1.5 car garage and the dry basement provide plenty of storage space. Just minutes away from Eli Lilly, restaurants and all that downtown Indy has to offer. Special financing may apply

Last Agent to Sell the Property

Julie Norris

Carpenter, REALTORS® License #RB19000874 Listed on: 03/31/2023

Last Buyer's Agent

Christina Allis

Trueblood Real Estate

Trueblood Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $540

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 4,225 Sq Ft Lot
  • Landscaped with Trees

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Combination Kitchen and Dining Room
  • Vinyl Plank Flooring
  • Security System Owned
  • Unfinished Basement

Kitchen

  • Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Fennemans Highland Home Add Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 491113144059000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$540

Year Built

Built in 1900 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1900
  • Building Area Total: 2090
  • Garage Y N: Yes
  • Lot Size Acres: 0.097
  • Subdivision Name: Fennemans Highland Home Add
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: jnorris@callcarpenter.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Dishwasher, Gas Water Heater, Gas Oven, Refrigerator, Water Softener Owned
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 49
  • Interior Amenities: Bath Sinks Double Main, Hi-Speed Internet Availbl
  • Living Area: 1742
  • Main Level Bedrooms: 3
  • Other Equipment: Security Alarm Paid
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1461
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 232
  • ResoLivingAreaSource: Plans
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Cement Siding
  • Foundation Details: Brick
  • List Price: 315000
  • Patio And Porch Features: Deck Main Level, Covered Porch
  • Property Condition: Updated/Remodeled
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached
  • Garage Parking Other: Other
  • Garage Sq Ft: 352

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Sidewalks, Trees-Small (Under 20 Ft)
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 4225
  • Parcel Number: 491113144059000101
  • Acres: <1/4 Acre
  • Price Acre: 3247422.68041237

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 540
  • Tax Lot: 3
  • Semi Annual Property Tax Amt: 270
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
Jun 7, 2023
Sold by
Decker Brian and Decker Emily
Bought by
Bornick Michael A
Seller's Agent
Julie Norris
Carpenter, REALTORS®
Buyer's Agent
Christina Allis
Trueblood Real Estate
List Price
$315,000
Sold Price
$315,000
Views
30
Current Estimated Value
$318,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,267
Avg. Annual Appreciation
0.44%
Original Mortgage
$252,000
Outstanding Balance
$245,262
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$73,006

Purchase Details

Listed on
Mar 31, 2023
Closed on
May 11, 2023
Sold by
Decker Brian and Decker Emily
Bought by
Bornick Michael A
Seller's Agent
Julie Norris
Carpenter, REALTORS®
Buyer's Agent
Christina Allis
Trueblood Real Estate
List Price
$315,000
Sold Price
$315,000
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Outstanding Balance
$245,262
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$73,006

Purchase Details

Closed on
Aug 7, 2020
Sold by
Two Chicks And A Hammer Inc
Bought by
Decker Brian and Decker Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,250
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2019
Sold by
Galaxy Property Solutions Llc
Bought by
Hawk Mina

Purchase Details

Closed on
Dec 27, 2018
Sold by
Reed Darrell W
Bought by
Galaxy Property Solutions Llc

Purchase Details

Closed on
Feb 3, 2017
Sold by
Riley Marjorie L
Bought by
Reed Darrell W
Source: Public Records

Range of Values:

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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
Bornick Michael A $315,000 Centurion Land Title
Bornick Michael A -- Centurion Land Title
Decker Brian -- Security Title
Hawk Mina -- None Available
Galaxy Property Solutions Llc -- None Available
Reed Darrell W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bornick Michael A $252,000
Closed Bornick Michael A $252,000
Previous Owner Decker Brian $37,000
Previous Owner Decker Brian $261,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2023 05/11/23 Sold $315,000 0.0% $181 / Sq Ft
04/10/2023 04/10/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $315,000 -- $181 / 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 $2,880 $259,100 $8,200 $250,900
2023 $2,880 $226,400 $7,700 $218,700
2022 $607 $218,500 $7,700 $210,800
2021 $607 $67,200 $7,700 $59,500
2020 $476 $60,700 $7,700 $53,000
2019 $1,123 $46,500 $3,700 $42,800
2018 $1,036 $35,800 $3,700 $32,100
2017 $7,938 $34,000 $3,700 $30,300
2016 $772 $31,900 $3,700 $28,200
2014 $847 $38,100 $3,700 $34,400
2013 $858 $39,900 $3,700 $36,200
Source: Public Records

Agents Affiliated with this Home

  • Julie Norris

    Seller's Agent in 2023

    Julie Norris

    Carpenter, REALTORS®

    (317) 319-0092

    1 in this area

    78 Total Sales

    Julie Norris
    Section Image

  • C

    Buyer's Agent in 2023

    Christina Allis

    Trueblood Real Estate

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21911814

MIBOR Broker Listing Cooperative®

APN: 49-11-13-144-059.000-101

Indiana Marion County Indianapolis 46225 Old Southside

109 E Palmer St, Indianapolis, IN

This home is located at 109 E Palmer St, Indianapolis, IN 46225 since 31 March 2023 and is currently estimated at $318,267, approximately $182 per square foot. This property was built in 1900. 109 E Palmer St is a home located in Marion County with nearby schools including James A. Garfield School 31, Arsenal Technical High School, and George Washington Community High School No. 721.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the 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. Some IDX listings have been excluded from this website.

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