NOT LISTED FOR SALE

1127 S State Ave Indianapolis, IN 46203

Fountain Square Neighborhood

Estimated Value: $254,000 - $355,355

3 Beds
2 Baths
2,622 Sq Ft
$120/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $316,000 $121 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,332/month

104 Days on Market

Highlights

  • No HOA
  • Walk-In Closet
  • Combination Kitchen and Dining Room
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Vinyl Flooring

About This Home

As of March 2023

Fully Remodeled 3 Bedroom / 2 full bath / 2-car garage home in the heart of Fountain Square. Luxury custom tile ordered from Italy adds a one-of-a-kind kitchen design (inspired by your local Flower Boys). Walk 2 minutes to Downtown Fountain Square to enjoy a dinner at Maialina's Italian Kitchen & Bar, brunch at Wine Market, or stop in to the local coffee shop at Bovaconti. Enjoy a night out Duckpin Bowling or enjoying a local concert at the Hi-Fi. Garage has a new roof and new seamless gutters

Last Agent to Sell the Property

Joel Mathews

@properties License #RB19000583 Listed on: 11/03/2022

@properties

Last Buyer's Agent

Logan Sanford

Real Broker, LLC

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,882

Year Built

  • Built in 1910

Lot Details

  • 5,097 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Foundation

Interior Spaces

  • 2-Story Property
  • Combination Kitchen and Dining Room
  • Vinyl Flooring
  • Unfinished Basement

Kitchen

  • Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • No Home Owners Association
  • Ostermeyers Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 491018222026000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,882

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1910
  • Building Area Total: 3312
  • Garage Y N: Yes
  • Lot Size Acres: 0.117
  • Subdivision Name: Ostermeyers
  • Inspection Warranties: Other
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: joel@atpropertiesind.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Dishwasher, Dryer, Gas Oven, Refrigerator, Washer, Electric Water Heater
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 414
  • Interior Amenities: Walk-in Closet(s)
  • Living Area: 2622
  • Main Level Bedrooms: 2
  • Other Equipment: Not Applicable
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1104
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 1104
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Wood
  • Foundation Details: Brick
  • List Price: 320000

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Fuel: No Fuel Source
  • Garage Sq Ft: 576

Utilities

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

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 5097
  • Parcel Number: 491018222026000101
  • Acres: <1/4 Acre
  • Price Acre: 2700854.7008547

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1882
  • Tax Lot: 12
  • Semi Annual Property Tax Amt: 941
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2022
Closed on
Mar 9, 2023
Sold by
Smith Kora
Bought by
Anderson Collin Robert
Seller's Agent
Joel Mathews
@properties
Buyer's Agent
Logan Sanford
Real Broker, LLC
List Price
$315,000
Sold Price
$316,000
Premium/Discount to List
$1,000
0.32%
Views
14
Current Estimated Value
$314,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,661
Avg. Annual Appreciation
-0.33%
Original Mortgage
$297,040
Outstanding Balance
$289,314
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$24,114

Purchase Details

Listed on
Jul 30, 2021
Closed on
Mar 11, 2022
Sold by
Simple Quarters Llc
Bought by
Smith Kora
Seller's Agent
Elisha Drake
Keller Williams Indy Metro S
Buyer's Agent
Joel Mathews
@properties
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
101.04%
Original Mortgage
$186,591
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2021
Closed on
Mar 4, 2022
Sold by
Simple Quarters Llc
Bought by
Smith Kora
Seller's Agent
Elisha Drake
Keller Williams Indy Metro S
Buyer's Agent
Joel Mathews
@properties
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,591
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2021
Sold by
Hildebrandt S K
Bought by
Simple Quarters Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
2.9%
Mortgage Type
Seller Take Back
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
Anderson Collin Robert $316,000 Chicago Title
Smith Kora -- Hocker Janet Davis
Smith Kora $155,000 Hocker Janet Davis
Simple Quarters Llc $148,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Collin Robert $297,040
Previous Owner Smith Kora $186,591
Previous Owner Smith Kora $186,591
Previous Owner Simple Quarters Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 Sold $316,000 -1.3% $121 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
01/13/2023 01/13/23 Price Changed $320,000 +1.6% $122 / Sq Ft
12/07/2022 12/07/22 For Sale $315,000 0.0% $120 / Sq Ft
11/18/2022 11/18/22 Pending -- -- --
11/04/2022 11/04/22 For Sale $315,000 +103.2% $120 / Sq Ft
03/04/2022 03/04/22 Sold $155,000 0.0% $70 / Sq Ft
01/23/2022 01/23/22 Pending -- -- --
01/20/2022 01/20/22 For Sale -- -- --
01/17/2022 01/17/22 Off Market $155,000 -- --
12/27/2021 12/27/21 For Sale -- -- --
11/22/2021 11/22/21 Off Market $155,000 -- --
10/19/2021 10/19/21 For Sale -- -- --
09/07/2021 09/07/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $179,900 -- $81 / 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 $7,432 $306,500 $18,000 $288,500
2023 $7,432 $309,600 $18,000 $291,600
2022 $2,674 $109,600 $18,000 $91,600
2021 $1,967 $81,600 $18,000 $63,600
2020 $1,909 $78,900 $18,000 $60,900
2019 $1,544 $62,000 $2,800 $59,200
2018 $1,382 $54,700 $2,800 $51,900
2017 $1,083 $47,400 $2,800 $44,600
2016 $969 $43,000 $2,800 $40,200
2014 $569 $26,300 $2,800 $23,500
2013 $538 $24,500 $2,800 $21,700
Source: Public Records

Agents Affiliated with this Home

  • Joel Mathews

    Seller's Agent in 2023

    Joel Mathews

    @properties

    (317) 246-9866

    7 in this area

    168 Total Sales

    Joel Mathews
    Section Image

  • L

    Buyer's Agent in 2023

    Logan Sanford

    Real Broker, LLC

    Section Image

  • E

    Seller's Agent in 2022

    Elisha Drake

    Keller Williams Indy Metro S

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21889789

MIBOR Broker Listing Cooperative®

APN: 49-10-18-222-026.000-101

Indiana Marion County Indianapolis 46203 Fountain Square

1127 S State Ave, Indianapolis, IN

This home is located at 1127 S State Ave, Indianapolis, IN 46203 since 03 November 2022 and is currently estimated at $314,339, approximately $119 per square foot. This property was built in 1910. 1127 S State Ave is a home located in Marion County with nearby schools including William McKinley School 39, Arlington Community Middle School, and Arsenal Technical High School.

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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