NOT LISTED FOR SALE

1261 S Reisner St Indianapolis, IN 46221

West Indianapolis Neighborhood

Estimated Value: $99,000 - $189,000

4 Beds
2 Baths
2,148 Sq Ft
$68/Sq Ft Est. Value

Last Sold April 22, 2019

Last sale price $113,000 $53 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,046/month

36 Days on Market

Highlights

  • Guest House
  • Traditional Architecture
  • 2 Car Detached Garage

About This Home

As of April 2019

WOW!!! GREAT DEAL ON A HISTORIC, BEAUTIFUL, UPDATED, SPACIOUS, LOFT FEEL, OPEN CONCEPT, All BRICK 4 Bedroom 2 Full Bath Home W/LG OPEN CARRIAGE HOUSE/Garage (1070 SQ FT!!!) in Great Up & Coming South Side Area 5 Minutes From Down Town and 1 minute to 70 WEST!!! UPDATES Include All Brand KITCHEN w/GRANITE BAR, STAINLESS APPLIANCES, New Flooring & Modern Paint Color Throughout, Windows, Roof (6 Months Old), NEW Wiring, Plumbing, Water Heater, AC unit, 2 BRAND NEW Bathrooms, Vanities, Fixtures, Toilets, Tile Floors, Doors, Knobs, Paint, Window Treatments etc etc etc etc etc... Also includes Front Loader Washer & Dryer. OTHER SIMILAR HOMES LISTED over 300K!!! GREAT INVESTMENT!!! THIS HOME WILL GO QUICKLY!!! A MUST SEE IN THIS PRICE RANGE!!!!

Last Agent to Sell the Property

Karen Krach

A. M. Sandler & Associates License #RB14050576 Listed on: 02/08/2019

Last Buyer's Agent

Tiffany Atkinson

Keller Williams Indy Metro NE

Keller Williams Indy Metro NE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $338

Year Built

  • Built in 1890

Lot Details

  • 6,970

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Basement
  • Basement Cellar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 6,970 Sq Ft Lot
  • Guest House
  • Heating System Uses Gas

Community Details

  • Traubs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491115115007000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$338

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1890
  • Garage Y N: Yes
  • Lot Size Acres: 0.16
  • Subdivision Name: TRAUBS
  • Inspection Warranties: Other,Not Applicable
  • Property Description: WOW!!! GREAT DEAL ON A HISTORIC, BEAUTIFUL, UPDATED, SPACIOUS, LOFT FEEL, OPEN CONCEPT, All BRICK 4 Bedroom 2 Full Bath Home W/LG OPEN CARRIAGE HOUSE/Garage (1070 SQ FT!!!) in Great Up & Coming South Side Area 5 Minutes From Down Town and 1 minute to 70 WEST!!! UPDATES Include All Brand KITCHEN w/GRANITE BAR, STAINLESS APPLIANCES, New Flooring & Modern Paint Color Throughout, Windows, Roof (6 Months Old), NEW Wiring, Plumbing, Water Heater, AC unit, 2 BRAND NEW Bathrooms, Vanities, Fixtures, Toilets, Tile Floors, Doors, Knobs, Paint, Window Treatments etc etc etc etc etc... Also includes Front Loader Washer & Dryer. OTHER SIMILAR HOMES LISTED over 300K!!! GREAT INVESTMENT!!! THIS HOME WILL GO QUICKLY!!! A MUST SEE IN THIS PRICE RANGE!!!!
  • Transaction Type: Sale
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Cellar
  • Appliances: Other,Dishwasher,Dryer,MicroHood,Electric Oven,Washer,None
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Ceiling Raised,Screens Some
  • Living Area: 2148
  • Other Equipment: Smoke Detector,Not Applicable
  • Room Count: 6
  • Eating Area: Dining Combo/Great Room,Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1878
  • Main Level Sq Ft: 1390
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2148
  • Kitchen Features: Breakfast Bar,Center Island
  • Below Grade Sq Ft: 270
  • Upper Level Sq Ft: 488
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Cellar

Exterior Features

  • Construction Materials: Brick,Other
  • Disclosures: Not Applicable
  • Exterior Features: Carriage/Guest House
  • Foundation Details: Block
  • List Price: 118200
  • Association Maintained Building Exterior: 0

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air,Ceiling Fan(s)
  • Heating: Forced Air,High Efficiency (90%+ AFUE )
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Connected,Gas Available,Gas Connected,High Speed Internet Avail
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491115115007000101
  • Acres: <1/4 Acre
  • Lot Information: Corner
  • Lot Number: 1
  • Lot Size: 0.00 AC

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 338
  • Semi Annual Property Tax Amt: 169
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2019
Closed on
Apr 11, 2019
Sold by
Helms George F
Bought by
Tranum Robert and Tranum Tracey
Seller's Agent
Karen Krach
A. M. Sandler & Associates
Buyer's Agent
Tiffany Atkinson
Keller Williams Indy Metro NE
List Price
$118,700
Sold Price
$113,000
Premium/Discount to List
-$5,700
-4.8%
Current Estimated Value
$145,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,667
Avg. Annual Appreciation
3.98%
Original Mortgage
$96,050
Outstanding Balance
$84,445
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$61,222

Purchase Details

Listed on
May 9, 2014
Closed on
Jun 4, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Helms George F
Seller's Agent
Brenda Bertram-Taylor
My Agent
Buyer's Agent
Karen Krach
A. M. Sandler & Associates
List Price
$9,900
Sold Price
$9,000
Premium/Discount to List
-$900
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.95%

Purchase Details

Listed on
May 9, 2014
Closed on
Jun 2, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Helms George F
Seller's Agent
Brenda Bertram-Taylor
My Agent
Buyer's Agent
Karen Krach
A. M. Sandler & Associates
List Price
$9,900
Sold Price
$9,000
Premium/Discount to List
-$900
-9.09%

Purchase Details

Closed on
Mar 16, 2007
Sold by
Benedict John
Bought by
Mehari Feleg E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,100
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2005
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Abn Amro Mortgage Group Inc

Purchase Details

Closed on
May 2, 2005
Sold by
Tanniehill James O
Bought by
Federal Home Loan Mortgage Corporation
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
Tranum Robert $113,000 Meridian Title Corporation
Helms George F $9,000 Doyle Legal Corporation
Helms George F $9,000 None Available
Mehari Feleg E -- Royal Title Services Inc
Abn Amro Mortgage Group Inc -- None Available
Federal Home Loan Mortgage Corporation $48,303 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tranum Robert $96,050
Previous Owner Mehari Feleg E $44,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2019 04/22/19 Sold $113,000 -4.4% $53 / Sq Ft
03/17/2019 03/17/19 Pending -- -- --
03/07/2019 03/07/19 Price Changed $118,200 -0.2% $55 / Sq Ft
02/20/2019 02/20/19 Price Changed $118,400 -0.3% $55 / Sq Ft
02/08/2019 02/08/19 For Sale $118,700 +1218.9% $55 / Sq Ft
06/04/2014 06/04/14 Sold $9,000 -9.1% $7 / Sq Ft View Prior Sale
05/15/2014 05/15/14 Pending -- -- --
05/09/2014 05/09/14 For Sale $9,900 -- $7 / 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 $3,309 $140,900 $4,100 $136,800
2023 $3,309 $135,800 $4,100 $131,700
2022 $3,465 $139,900 $4,100 $135,800
2021 $2,456 $102,800 $4,100 $98,700
2020 $2,280 $94,900 $4,100 $90,800
2019 $1,422 $56,800 $4,100 $52,700
2018 $1,380 $54,600 $4,100 $50,500
2017 $1,132 $49,700 $4,100 $45,600
2016 $1,108 $49,700 $4,100 $45,600
2014 $290 $13,400 $4,100 $9,300
2013 $289 $13,900 $4,100 $9,800
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Karen Krach

    A. M. Sandler & Associates

    Section Image

  • T

    Buyer's Agent in 2019

    Tiffany Atkinson

    Keller Williams Indy Metro NE

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21616302

MIBOR Broker Listing Cooperative®

APN: 49-11-15-115-007.000-101

Indiana Marion County Indianapolis 46221 West Indianapolis

1261 S Reisner St, Indianapolis, IN

This home is located at 1261 S Reisner St, Indianapolis, IN 46221 since 08 February 2019 and is currently estimated at $145,667, approximately $67 per square foot. This property was built in 1890. 1261 S Reisner St is a home located in Marion County with nearby schools including Eleanor Skillen School No. 34, Ralph Waldo Emerson School 58, and Daniel Webster School 46.

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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