NOT LISTED FOR SALE

117 E 49th St Indianapolis, IN 46205

Meridian Kessler Neighborhood

Estimated Value: $247,000 - $384,000

3 Beds
1 Bath
950 Sq Ft
$310/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $250,000 $263 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,871/month

Highlights

  • Wood Flooring
  • Breakfast Room
  • Bungalow
  • No HOA
  • 2 Car Detached Garage
  • 1-Story Property

About This Home

As of September 2023

Be the first to enjoy this fully renovated bungalow on the best corner in Meridian-Kessler (49th & Penn)! The home has been completely updated inside and out over the past 2 months. Remodeled kitchen with all new appliances and granite countertops, new flooring throughout the house, new tile and vanity in the full bathroom, and brand new washer/dryer. Huge unfinished basement and garage provide ample storage. Two off-street parking spots. Large backyard. $2,200/mo. Tenant responsible for utilities and lawn care. Pets allowed for additional $100/mo. with landlord approval.

Last Agent to Rent the Property

Kate Corr Keller

eXp Realty, LLC Brokerage Email: kate@kellerandcorbett.com License #RB15001280 Listed on: 09/22/2023

eXp Realty, LLC

Co-Listed By

Clare Corr

eXp Realty, LLC Brokerage Email: kate@kellerandcorbett.com License #RB22000105

Last Renter's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 6,360 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Stucco

Interior Spaces

  • 950 Sq Ft Home
  • 1-Story Property
  • Breakfast Room
  • Wood Flooring
  • Electric Oven
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Arthur V Brown S East Meridian H Subdivision

Listing and Financial Details

  • Property Available on 9/22/23
  • Tenant pays for all utilities, lawncare
  • The owner pays for no utilities
  • Application Fee: 0
  • Tax Lot 1
  • Assessor Parcel Number 490612229033000801

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2023-09-22
  • Lease Amount: 2200
  • Tenant Pays: All Utilities, Lawncare
  • Min Lease Req: 12
  • Security Deposit: 0
  • Smoking: No
  • Application Fee: 0
  • Pet Rental Amount: 100

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1925
  • Building Area Total: 1900
  • Garage Y N: Yes
  • Lot Size Acres: 0.15
  • Subdivision Name: Arthur V Brown S East Meridian H
  • Transaction Type: Lease
  • Accessibility Features YN: No
  • MBR_AttributionContact: kate@kellerandcorbett.com
  • Attribution Contact: kate@kellerandcorbett.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Appliances: Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Furnished: Unfurnished
  • Interior Amenities: Hardwood Floors
  • Living Area: 950
  • Owner Pays: No Utilities
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 950
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Stucco
  • Foundation Details: Block

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

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

Condo/Co-op/Association

  • Association YN: No
  • Pets Allowed: W/Approval
  • Property Management Company Contact: Andrew Corrado
  • Property Management Company Phone: 317-830-5994

Lot Info

  • Property Attached Yn: No
  • Lot Size Sq Ft: 6360
  • Parcel Number: 490612229033000801
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3186
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 1593

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Nov 8, 2023
Sold by
Stebbins Richard
Bought by
Corrado Andrew J and Corrado Lauren Stebbins
Seller's Agent
Kate Corr Keller
eXp Realty, LLC
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
Sold Price
$2,200
Views
10
Current Estimated Value
$294,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,162
Original Mortgage
$187,500
Outstanding Balance
$184,108
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$110,254

Purchase Details

Listed on
Sep 22, 2023
Closed on
Nov 6, 2023
Sold by
Stebbins Richard
Bought by
Corrado Andrew J and Corrado Lauren Stebbins
Seller's Agent
Kate Corr Keller
eXp Realty, LLC
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
Sold Price
$2,200
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Outstanding Balance
$184,108
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$110,254

Purchase Details

Listed on
Jun 6, 2023
Closed on
Jul 7, 2023
Sold by
Vmt Investments Llc
Bought by
Stebbins Richard
Seller's Agent
Eric Miller
Wright, REALTORS®
Buyer's Agent
Eric Miller
Wright, REALTORS®
List Price
$199,000
Sold Price
$250,000
Premium/Discount to List
$51,000
25.63%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%

Purchase Details

Listed on
Jun 6, 2023
Closed on
Jul 5, 2023
Sold by
Vmt Investments Llc
Bought by
Stebbins Richard
Seller's Agent
Eric Miller
Wright, REALTORS®
Buyer's Agent
Eric Miller
Wright, REALTORS®
List Price
$199,000
Sold Price
$250,000
Premium/Discount to List
$51,000
25.63%
Views
44

Purchase Details

Listed on
Jul 1, 2012
Closed on
Jul 20, 2012
Sold by
Brown Annette S
Bought by
Vmt Investments Llc
Seller's Agent
Daniel Fariss
Buyer's Agent
Daniel Fariss
List Price
$40,000
Sold Price
$40,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.18%
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
Corrado Andrew J -- Near North Title Group
Corrado Andrew J $250,000 Near North Title Group
Stebbins Richard -- Near North Title
Stebbins Richard $250,000 Near North Title
Vmt Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corrado Andrew J $187,500
Closed Corrado Andrew J $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2023 09/25/23 Rented $2,200 0.0% --
09/22/2023 09/22/23 For Rent $2,200 0.0% --
07/07/2023 07/07/23 Sold $250,000 +25.6% $263 / Sq Ft View Prior Sale
06/07/2023 06/07/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $199,000 0.0% $209 / Sq Ft
10/01/2016 10/01/16 Rented $1,010 +2.0% --
09/24/2016 09/24/16 Under Contract -- -- --
08/21/2016 08/21/16 For Rent $990 0.0% --
07/20/2012 07/20/12 Sold $40,000 0.0% $28 / Sq Ft View Prior Sale
07/05/2012 07/05/12 Pending -- -- --
07/01/2012 07/01/12 For Sale $40,000 -- $28 / 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 $3,987 $216,100 $47,400 $168,700
2023 $3,987 $164,400 $47,400 $117,000
2022 $3,550 $157,900 $47,400 $110,500
2021 $3,270 $138,100 $28,700 $109,400
2020 $3,320 $139,800 $28,700 $111,100
2019 $3,435 $142,100 $28,700 $113,400
2018 $3,376 $138,400 $28,700 $109,700
2017 $3,052 $140,100 $28,700 $111,400
2016 $3,026 $142,000 $28,700 $113,300
2014 $3,635 $168,100 $28,700 $139,400
2013 $3,249 $156,300 $28,700 $127,600
Source: Public Records

Agents Affiliated with this Home

  • Kate Corr Keller

    Landlord's Agent in 2023

    Kate Corr Keller

    eXp Realty, LLC

    (317) 938-2588

    16 in this area

    136 Total Sales

    Kate Corr Keller
    Section Image
  • Eric Miller

    Seller's Agent in 2023

    Eric Miller

    Wright, REALTORS®

    (317) 797-6738

    1 in this area

    263 Total Sales

    Eric Miller
    Section Image
  • Clare Corr

    Landlord's Co-Listing Agent in 2023

    Clare Corr

    eXp Realty, LLC

    (317) 698-4077

    5 in this area

    40 Total Sales

    Clare Corr
    Section Image

  • N

    Tenant's Agent in 2023

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image

  • D

    Seller's Agent in 2016

    Daniel Fariss

  • B

    Buyer's Agent in 2016

    Blythe Sparks

    Highgarden Real Estate

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21944907

MIBOR Broker Listing Cooperative®

APN: 49-06-12-229-033.000-801

Indiana Marion County Indianapolis 46205 Meridian Kessler

117 E 49th St, Indianapolis, IN

Not Listed for Sale

Detached

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