NOT LISTED FOR SALE

1123 Olive St Indianapolis, IN 46203

Fountain Square Neighborhood

Estimated Value: $593,000 - $860,181

0.27 Acre
$2,812,872 Price per Acre
11,935 Sq Ft Lot

Last Sold December 11, 2020

Last sale price $204,900 $62 Per Sq Ft

Est. 276% increase in value since last sale

Current estimated payment $4,831/month

145 Days on Market

About This Lot

As of December 2020

Desirable Fountain Square over-sized corner lot with unlimited potential in a prime location! Possible variance for higher density would allow for more ROI...a developers dream. Upland Brewing Company is just north of property!

Last Agent to Sell the Property

Rodney Heard

Dropped Members License #RB14042806 Listed on: 05/29/2020

Last Buyer's Agent

Rodney Heard

eXp Realty LLC

eXp Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,230

Lot Details

  • 0.27 Acre Lot

Community Details

  • Hubbard Martindale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491018231124000101

Property Details

Property Type

Land

Est. Annual Taxes

$4,230

Lot Details

0

Listing Details

  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2020
  • Co List Office Phone: 888-611-3912
  • Lot Size Acres: 0.274
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: HUBBARD MARTINDALE
  • Inspection Warranties: Not Applicable
  • Property Description: Desirable Fountain Square over-sized corner lot with unlimited potential in a prime location! Possible variance for higher density would allow for more ROI...a developers dream. Upland Brewing Company is just north of property!
  • Transaction Type: Sale
  • Website: www.heardrealestateteam.com
  • Website: www.indyhomehunter.com
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0

Exterior Features

  • Disclosures: Not Applicable
  • Other Structures: NotApplicable
  • Topography: Level
  • Road Access: CityStreet
  • Water: Municipal Water on Site

Utilities

  • Sewer: Municipal Sewer On Site
  • Solid Waste: 0

Lot Info

  • Development Status: Not Applicable
  • Parcel Number: 491018231124000101
  • Zoning: Residential
  • Acres: 1/4-1/2 Acre
  • Lot Number: 26
  • Lot Size: 11,935
  • Improvements: Sidewalks,Street Lights
  • Land Characteristics: City
  • Potential Zoning: Multi-Fam,Single Family
  • Present Zoning: Single Family

Tax Info

  • Tax Annual Amount: 4230
  • Semi Annual Property Tax Amt: 2115
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2024
Sold by
Boggus Rachel L
Bought by
Rachel L Boggus Revocable Trust and Boggus
Current Estimated Value
$770,727

Purchase Details

Listed on
May 29, 2020
Closed on
Dec 10, 2020
Sold by
1123 Olive St Llc
Bought by
Boggus Rachel L
Seller's Agent
Rodney Heard
Dropped Members
Buyer's Agent
Rodney Heard
eXp Realty LLC
List Price
$204,900
Sold Price
$204,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.19%
Original Mortgage
$163,900
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 15, 2017
Closed on
Nov 30, 2017
Sold by
Comm and Amanda J
Bought by
Signer Nathaniel Van Pelt
Seller's Agent
Thomas Corbett
Keller Williams Indy Metro NE
Buyer's Agent
Rodney Heard
eXp Realty LLC
List Price
$200,000
Sold Price
$184,000
Premium/Discount to List
-$16,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.61%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rachel L Boggus Revocable Trust -- None Listed On Document
Boggus Rachel L -- None Available
Signer Nathaniel Van Pelt $184,000 --
1123 Olive St Llc $184,000 Meridian Title Corporation
1123 Olive St Llc $184,000 Meridian Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boggus Rachel L $163,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2020 12/11/20 Sold $204,900 0.0% $62 / Sq Ft
10/22/2020 10/22/20 Pending -- -- --
09/12/2020 09/12/20 Price Changed $204,900 0.0% $62 / Sq Ft
09/12/2020 09/12/20 For Sale $204,900 -2.4% $62 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $209,900 +14.1% $63 / Sq Ft
11/30/2017 11/30/17 Sold $184,000 -8.0% $56 / Sq Ft View Prior Sale
08/21/2017 08/21/17 Pending -- -- --
08/15/2017 08/15/17 For Sale $200,000 -- $60 / 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 $9,324 $782,600 $71,800 $710,800
2023 $9,324 $752,700 $71,800 $680,900
2022 $17,245 $730,400 $71,800 $658,600
2021 $2,130 $71,800 $71,800 $0
2020 $2,227 $71,800 $71,800 $0
2019 $4,230 $173,700 $5,500 $168,200
2018 $3,849 $156,300 $5,500 $150,800
2017 $1,484 $129,400 $5,500 $123,900
2016 $1,456 $129,500 $5,500 $124,000
2014 $1,159 $109,400 $5,500 $103,900
2013 $1,069 $104,000 $5,500 $98,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Rodney Heard

    Dropped Members

    Section Image

  • R

    Seller Co-Listing Agent in 2020

    Robin Babbitt

    United Real Estate Indpls

    (317) 507-5259

    1 in this area

    52 Total Sales

    Robin Babbitt
    Section Image

  • T

    Seller's Agent in 2017

    Thomas Corbett

    Keller Williams Indy Metro NE

  • Michael Feldman

    Seller Co-Listing Agent in 2017

    Michael Feldman

    Compass Indiana, LLC

    (317) 965-5034

    10 in this area

    343 Total Sales

    Michael Feldman
    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21714832

MIBOR Broker Listing Cooperative®

APN: 49-10-18-231-124.000-101

Indiana Marion County Indianapolis 46203 Fountain Square

1123 Olive St, Indianapolis, IN

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.

Nearby Homes