NOT LISTED FOR SALE

Estimated Value: $405,000 - $549,628

3 Beds
2.5 Baths
1,984 Sq Ft
$247/Sq Ft Est. Value

Last Sold April 09, 2024

Last sale price $525,000 $265 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,075/month

Highlights

  • Craftsman Architecture
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Deck
  • No HOA
  • 2 Car Detached Garage

About This Home

As of April 2024

Your urban oasis in the heart of Historic Fountain Square awaits! Unbeatable Indy location steps away from the iconic Fountain Square Monument. Experience premier urban living just a few steps away from breweries, cafes, shops and more in this beautifully crafted 3 bed, 2.5 bath home. The cozy, wraparound covered front porch provides beautiful curb appeal & the ideal spot for morning coffee. Main level features a spacious foyer, open concept perfect for entertaining, family room with electric fireplace and custom built-ins & gourmet kitchen with marble countertops and peninsula seating for 4. With functionality at the forefront of design, you will also find oversized mudroom, 1/2 bath, & large formal dining room that could alternatively be used as a home office or 2nd living area. Upstairs is the primary/owner's suite with vaulted ceilings and gorgeous en suite with double vanities, shower, and walk-in closet; 2 additional bedrooms, and a full bath. Dreamy details throughout the home include the marble countertops in kitchen, custom concrete trough sink in upstairs bathroom, designer light fixtures, & main floor wine cellar. Relax and unwind in the big backyard on the deck under the new elec Sunsetter awning next to the Viking 8-seater spa hot tub. Your dream home also includes a detached 2 car garage, fully fenced-in backyard, fiber cement exterior siding, cellar basement, Sunbandit solar water heater, smart home features, washer and dryer.

Last Agent to Sell the Property

Kate Broadus

Compass Indiana, LLC Brokerage Email: kate.broadus@compass.com License #RB18001950 Listed on: 02/08/2024

Compass Indiana, LLC

Last Buyer's Agent

Jenny Laughner

CENTURY 21 Scheetz

CENTURY 21 Scheetz

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,850

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 5,532 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Craftsman Architecture
  • Block Foundation
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Paddle Fans
  • Fireplace Features Blower Fan
  • Electric Fireplace
  • Vinyl Clad Windows
  • Entrance Foyer
  • Family Room with Fireplace

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Sump Pump
  • Basement Cellar

Home Security

  • Security System Owned
  • Smart Thermostat
  • Fire and Smoke Detector

Eco-Friendly Details

  • Solar Water Heater
  • Solar Heating System

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • SEER Rated 16+ Air Conditioning Units
  • Dual Heating Fuel
  • Heat Pump System
  • Heating System Uses Gas
  • Programmable Thermostat

Community Details

  • No Home Owners Association
  • Fountain Square Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 491018185014000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,850

Year Built

Built in 1925 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Property Type: Residential
  • New Construction: Yes
  • Tax Year: 2023
  • Year Built: 1925
  • Building Area Total: 2624
  • Garage Y N: Yes
  • Lot Size Acres: 0.13
  • On Market Date: 2024-02-08
  • Subdivision Name: Fountain Square
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: kate.broadus@compass.com
  • Attribution Contact: kate.broadus@compass.com
  • Special Features: 4098

Interior Features

  • Basement: Yes
  • Basement Type: Cellar, Unfinished
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Gas Oven, Refrigerator, Solar Hot Water, Washer, Water Heater, Water Softener Owned
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Electric, Family Room, Blower Fan
  • Fireplaces: 1
  • Interior Amenities: Breakfast Bar, Vaulted Ceiling(s), Entrance Foyer, Paddle Fan, Hi-Speed Internet Availbl, Programmable Thermostat, Walk-in Closet(s), Windows Vinyl
  • Living Area: 1984
  • Other Equipment: Security Alarm Paid, Smoke Alarm, Sump Pump
  • Spa Features: Private
  • Spa Y N: Yes
  • Eating Area: Formal Dining Room,Separate Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 992
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 992
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Cement Siding
  • Fencing: Fence Full Rear, Privacy
  • Foundation Details: Block, Cellar
  • Patio And Porch Features: Covered Porch, Deck Main Level
  • Pool Private Y N: No
  • Property Condition: Updated/Remodeled
  • View Y N: No
  • Waterfront: No
  • Construction Stage: Completed

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Garage Parking Other: Garage Door Opener

Utilities

  • Utilities: Cable Available, Electricity Connected, Gas, Sewer Connected, Water Connected
  • Cooling: Central Electric, High Efficiency (SEER 16 +)
  • Electric: 200+ Amp Service
  • Heating: Dual, Gas, Heat Pump, High Efficiency (90%+ AFUE ), Solar
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Sidewalks
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 5532
  • Parcel Number: 491018185014000101
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No
  • Smart Home Features: Thermostat - Programmable

Tax Info

  • Tax Annual Amount: 5850
  • Tax Lot: 11
  • Semi Annual Property Tax Amt: 2925
  • Tax Exemption: Homestead Tax Exemption,Mortgage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Apr 12, 2024
Sold by
Merschbrock Zachary and Merschbrock Megan
Bought by
Polston Matthew and Polston Allison
Seller's Agent
Kate Broadus
Compass Indiana, LLC
Buyer's Agent
Jenny Laughner
CENTURY 21 Scheetz
List Price
$519,900
Sold Price
$525,000
Premium/Discount to List
$5,100
0.98%
Views
16
Current Estimated Value
$490,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,343
Avg. Annual Appreciation
-4.24%
Original Mortgage
$350,000
Outstanding Balance
$342,996
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$147,661

Purchase Details

Listed on
Feb 8, 2024
Closed on
Apr 9, 2024
Sold by
Merschbrock Zachary and Merschbrock Megan
Bought by
Polston Matthew and Polston Allison
Seller's Agent
Kate Broadus
Compass Indiana, LLC
Buyer's Agent
Jenny Laughner
CENTURY 21 Scheetz
List Price
$519,900
Sold Price
$525,000
Premium/Discount to List
$5,100
0.98%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$342,996
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$147,661

Purchase Details

Listed on
Aug 14, 2020
Closed on
Dec 3, 2020
Sold by
Brookfield Global Relo Svc Llc and Bgrs Llc
Bought by
Merschbrock Zachary and Merschbrock Meqan
Seller's Agent
Cody Studebaker
F.C. Tucker Company
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$450,000
Sold Price
$415,000
Premium/Discount to List
-$35,000
-7.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%
Original Mortgage
$373,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 14, 2020
Closed on
Nov 18, 2020
Sold by
Bgrs Llc
Bought by
Merschbrock Zachary and Merschbrock Meqan
Seller's Agent
Cody Studebaker
F.C. Tucker Company
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$450,000
Sold Price
$415,000
Premium/Discount to List
-$35,000
-7.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2020
Sold by
Hardy Sharon M
Bought by
Bgrs Llc

Purchase Details

Listed on
May 5, 2018
Closed on
Aug 6, 2018
Sold by
Jmh Group Llc
Bought by
Hardy Sharon M
Seller's Agent
Rick Elson
CENTURY 21 Scheetz
Buyer's Agent
Cody Studebaker
F.C. Tucker Company
List Price
$485,000
Sold Price
$405,000
Premium/Discount to List
-$80,000
-16.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.69%
Original Mortgage
$324,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 16, 2017
Closed on
Aug 16, 2017
Seller's Agent
Tad Aschliman
@properties
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$169,900
Sold Price
$155,000
Premium/Discount to List
-$14,900
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
169.17%
Original Mortgage
$150,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2016
Sold by
Stephens Martina
Bought by
Marin Member Alan J

Purchase Details

Closed on
Sep 15, 2010
Sold by
Stephens Martina
Bought by
Stephens Martina
Source: Public Records

Range of Values:

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Average Value
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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
Polston Matthew $525,000 Ata National Title Group
Polston Matthew -- Ata National Title Group
Merschbrock Zachary -- None Listed On Document
Bgrs Llc -- None Listed On Document
Merschbrock Zachary $415,000 Meridian Title Corporation
Bgrs Llc $415,000 Meridian Title Corporation
Hardy Sharon M -- None Available
-- $150,000 --
Jmh Group Llc $150,000 Best Title Services
Marin Member Alan J $55,000 --
In Asset Services Llc -- None Available
Stephens Martina -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polston Matthew $350,000
Closed Polston Matthew $350,000
Previous Owner Merschbrock Zachary $373,500
Previous Owner Merschbrock Zachary $373,500
Previous Owner Hardy Sharon M $324,000
Previous Owner Jmh Group Llc $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/09/2024 04/09/24 Sold $525,000 +1.0% $265 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $519,900 +25.3% $262 / Sq Ft
12/04/2020 12/04/20 Sold $415,000 -1.2% $158 / Sq Ft View Prior Sale
11/10/2020 11/10/20 Pending -- -- --
11/05/2020 11/05/20 Price Changed $420,000 -2.3% $160 / Sq Ft
10/21/2020 10/21/20 Price Changed $429,900 -0.9% $164 / Sq Ft
10/07/2020 10/07/20 Price Changed $434,000 -0.2% $165 / Sq Ft
09/25/2020 09/25/20 Price Changed $435,000 -1.1% $166 / Sq Ft
09/11/2020 09/11/20 Price Changed $440,000 -1.1% $168 / Sq Ft
08/21/2020 08/21/20 Price Changed $445,000 -1.1% $170 / Sq Ft
08/14/2020 08/14/20 For Sale $450,000 +11.1% $171 / Sq Ft
08/06/2018 08/06/18 Sold $405,000 -11.0% $154 / Sq Ft View Prior Sale
07/09/2018 07/09/18 Pending -- -- --
06/14/2018 06/14/18 Price Changed $455,000 -6.2% $173 / Sq Ft
05/05/2018 05/05/18 For Sale $485,000 +212.9% $185 / Sq Ft
08/18/2017 08/18/17 Sold $155,000 -8.8% $68 / Sq Ft View Prior Sale
06/16/2017 06/16/17 For Sale $169,900 -- $75 / 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 $5,925 $506,700 $48,300 $458,400
2023 $5,925 $487,500 $48,300 $439,200
2022 $5,848 $473,200 $48,300 $424,900
2021 $4,900 $411,200 $48,300 $362,900
2020 $4,438 $371,200 $48,300 $322,900
2019 $4,669 $382,400 $3,300 $379,100
2018 $1,317 $113,300 $3,300 $110,000
2017 $2,605 $100,800 $3,300 $97,500
2016 $668 $29,200 $3,300 $25,900
2014 $497 $23,000 $3,300 $19,700
2013 $1,505 $19,500 $3,300 $16,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21962867

MIBOR Broker Listing Cooperative®

APN: 49-10-18-185-014.000-101