NOT LISTED FOR SALE

1233 Dr Martin Luther King jr St Indianapolis, IN 46202

Indiana Avenue Neighborhood

Estimated Value: $264,000 - $453,000

2 Beds
4 Baths
1,535 Sq Ft
$246/Sq Ft Est. Value

Highlights

  • Balcony
  • Forced Air Heating and Cooling System
  • Gas Log Fireplace
  • 2 Car Attached Garage

About This Home

As of October 2020

2 BR 4 BA Condo located in a prime area downtown. Easy access to great downtown atmosphere, shopping, great restaurants and the Canal. Condo comes with great room, separate dining area, kitchen with all the appliances, balcony with a great view and attached one car garage.

Last Agent to Rent the Property

Evona Watson

Triple E Realty, LLC License #RB14038857 Listed on: 08/12/2020

Last Renter's Agent

Evona Watson

Triple E Realty, LLC License #RB14038857 Listed on: 08/12/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • 0.43

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Cement Siding

Interior Spaces

  • Multi-Level Property
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

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

Community Details

  • Canal Gardens Subdivision

Listing and Financial Details

  • Security Deposit $1,450
  • Tenant pays for insurance, all utilities
  • The owner pays for insurance, taxes
  • 12-Month Minimum Lease Term
  • $50 Application Fee
  • Assessor Parcel Number 490635141011000101

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0

Parking

2

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Insurance, All Utilities
  • Lease Price: 1450.00
  • Min Lease Req: 12
  • Pet Deposit: 200
  • Security Deposit: 1450
  • Application Fee: 50.00
  • Pet Deposit Refundable Y N: 0
  • Security Deposit Refundable Y N: 0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Multi-Level
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 2009
  • Garage Y N: Yes
  • Subdivision Name: CANAL GARDENS
  • Inspection Warranties: Not Applicable
  • Property Description: 2 BR 4 BA Condo located in a prime area downtown. Easy access to great downtown atmosphere, shopping, great restaurants and the Canal. Condo comes with great room, separate dining area, kitchen with all the appliances, balcony with a great view and attached one car garage.
  • Transaction Type: Lease
  • Floor Number: B3
  • Lifestyles: Townhouse
  • Unit Entry Level: B3
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Microwave, Gas Oven, Refrigerator, Washer
  • Levels: Multi/Split
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access
  • Living Area: 1535
  • Other Equipment: Smoke Detector
  • Owner Pays: Insurance, Taxes
  • Room Count: 7
  • Eating Area: Formal Dining Room,Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1535
  • Main Level Sq Ft: 604
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Total Sq Ft: 1535
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 931

Exterior Features

  • Construction Materials: Brick, Cement Siding
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • List Price: 1450
  • Association Maintained Building Exterior: 0
  • Construction Stage: Completed
  • Porch: Balcony

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Condo/Co-op/Association

  • Pets Allowed: W/Approval
  • Condo Description Location: Other/SeeRemarks

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490635141011000101
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Storm Sewer,Street Lights,Tree Mature
  • Lot Number: 0
  • Lot Size: 0

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 39982
  • Semi Annual Property Tax Amt: 19991

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2025
Sold by
Canal Gardens Acquisition Llc
Bought by
Cangard Properties Llc
Current Estimated Value
$378,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,152,000
Outstanding Balance
$2,152,000
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
-$1,654,809

Purchase Details

Listed on
Aug 12, 2020
Closed on
Oct 15, 2020
Sold by
West Street Llc
Bought by
Canal Gardens Acquisition Llc
Seller's Agent
Evona Watson
Triple E Realty, LLC
Buyer's Agent
Evona Watson
Triple E Realty, LLC
Sold Price
$1,450

Purchase Details

Closed on
Jun 30, 2005
Sold by
Muskegon Bible Institute Inc
Bought by
West Street Llc

Purchase Details

Closed on
Jun 9, 2005
Sold by
Circle City Capital Inc
Bought by
Circle City Capital Inc
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
Cangard Properties Llc -- Meridian Title
Canal Gardens Acquisition Llc $1,800,000 Attorney At Law
West Street Llc -- None Available
Bible Institute Inc -- None Available
Circle City Capital Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cangard Properties Llc $2,152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2020 10/06/20 Rented $1,450 0.0% --
09/08/2020 09/08/20 Under Contract -- -- --
08/12/2020 08/12/20 For Rent $1,450 +3.6% --
07/10/2019 07/10/19 Rented $1,400 0.0% --
07/08/2019 07/08/19 Under Contract -- -- --
06/20/2019 06/20/19 For Rent $1,400 +3.7% --
07/20/2017 07/20/17 Rented $1,350 0.0% --
06/30/2017 06/30/17 Under Contract -- -- --
06/16/2017 06/16/17 Price Changed $1,350 +28.6% $1 / Sq Ft
06/16/2017 06/16/17 For Rent $1,050 -- --
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 $52,439 $355,900 $22,900 $333,000
2023 $52,439 $2,199,000 $182,800 $2,016,200
2022 $43,838 $1,845,300 $182,800 $1,662,500
2021 $39,349 $1,694,400 $166,200 $1,528,200
2020 $41,052 $1,761,900 $166,200 $1,595,700
2019 $40,226 $1,693,600 $166,200 $1,527,400
2018 $40,581 $1,693,600 $166,200 $1,527,400
2017 $35,695 $1,670,600 $166,200 $1,504,400
2016 $33,204 $1,587,700 $166,200 $1,421,500
2014 $32,899 $1,521,600 $166,200 $1,355,400
2013 $35,176 $1,522,900 $166,200 $1,356,700
Source: Public Records

Agents Affiliated with this Home

  • Evona Watson

    Landlord's Agent in 2020

    Evona Watson

    Triple E Realty, LLC

    (317) 281-9280

    131 Total Sales

    Evona Watson
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21731421

MIBOR Broker Listing Cooperative®

APN: 49-06-35-141-011.000-101

Indiana Marion County Indianapolis 46202 Indiana Avenue

1233 Dr Martin Luther King jr St, Indianapolis, IN

This home is located at 1233 Dr Martin Luther King jr St, Indianapolis, IN 46202 since 12 August 2020 and is currently priced at $378,357. This property was built in 2009. 1233 Dr Martin Luther King jr St is a home located in Marion County with nearby schools including Washington Irving School 14, 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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