1306 Olive St Indianapolis, IN 46203
Fountain Square Neighborhood
3
Beds
2.5
Baths
1,771
Sq Ft
4,487
Sq Ft Lot
Highlights
- Guest House
- Traditional Architecture
- Covered Patio or Porch
- Deck
- No HOA
- 2 Car Detached Garage
About This Home
As of April 2025Fantastic, recent gut to studs rebuilt 3 bed, 2.5 bath main house and new construction 2 car garage with separate carriage house in ideal Fountain Square location! Currently operated as two separate Airbnb units with unanimous 5* ratings and completely separate entrances. The main house has 3 bedrooms, 2.5 baths spread over 1771 square feet offering a gourmet kitchen open to dining room and great room with high ceilings, first floor spacious owners suite which includes a walk-in closet, double vanity, and blue tooth speaker, powder room, easy access to back deck and well maintained back yard with irrigation system. Upstairs are two light and bright bedrooms and shared full bathroom! The 528 sq foot carriage house built over the two car garage has its own own separate entrance, kitchen and full bath for perfect studio living space. Combined, there is 2,299 sq ft of living space! This is an ideal property to add to your existing portfolio - or live in the main unit and maintain the studio as an investment with outstanding income or used as a separate home office/guest suite/recreation room!
Last Agent to Sell the Property
Compass Indiana, LLC Brokerage Email: lisa.phillips@compass.com License #RB14038063 Listed on: 01/07/2025
Co-Listed By
Compass Indiana, LLC Brokerage Email: lisa.phillips@compass.com License #RB21002182
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,288
Year Built
- Built in 1880 | Remodeled
Lot Details
- 4,487 Sq Ft Lot
- Sprinkler System
Parking
- 2 Car Detached Garage
- Heated Garage
- Garage Door Opener
Home Design
- Traditional Architecture
- Brick Foundation
- Block Foundation
- Wood Siding
Interior Spaces
- 2-Story Property
- Woodwork
- Family or Dining Combination
- Fire and Smoke Detector
- Laundry on main level
Kitchen
- Eat-In Kitchen
- Gas Oven
- Range Hood
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
Outdoor Features
- Deck
- Covered Patio or Porch
Utilities
- Forced Air Heating System
- Programmable Thermostat
- Gas Water Heater
Additional Features
- Guest House
- City Lot
Community Details
- No Home Owners Association
- Fountain Square Subdivision
Listing and Financial Details
- Tax Lot 23
- Assessor Parcel Number 491018231038000101
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 7, 2025
Closed on
Apr 16, 2025
Sold by
Edenberry Llc-S
Bought by
Glica Alexander and Barrett Meghan
Seller's Agent
Lisa Phillips
Compass Indiana, LLC
Buyer's Agent
Nathan Inskeep
Highgarden Real Estate
List Price
$569,900
Sold Price
$549,900
Premium/Discount to List
-$20,000
-3.51%
Views
95
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,468
Avg. Annual Appreciation
-5.28%
Original Mortgage
$467,415
Outstanding Balance
$466,177
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$74,255
Purchase Details
Closed on
Jan 31, 2022
Sold by
Lui and Joanne
Bought by
Llc-S Edenberry
Purchase Details
Closed on
Jan 27, 2022
Sold by
Lui and Joanne
Bought by
Llc-S Edenberry
Purchase Details
Listed on
May 28, 2020
Closed on
Jun 19, 2020
Sold by
New Lagacy Homes Llc
Bought by
Lui Alvin and Lui Joanne
Seller's Agent
Lisa Phillips
Compass Indiana, LLC
Buyer's Agent
Lisa Phillips
Compass Indiana, LLC
List Price
$370,000
Sold Price
$360,000
Premium/Discount to List
-$10,000
-2.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%
Original Mortgage
$261,999
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 21, 2018
Sold by
Robert Cunningham
Bought by
Member David H
Similar Homes in Indianapolis, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Meridian Title | |
| Quit Claim Deed | -- | Altman Poindexter & Wyatt Llc | |
| Quit Claim Deed | -- | Altman Poindexter & Wyatt Llc | |
| Warranty Deed | $360,000 | Meridian Title Corporation | |
| Deed | $160,000 | -- | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $467,415 | New Conventional | |
| Previous Owner | $261,999 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2025 04/21/25 | Sold | $549,900 | 0.0% | $311 / Sq Ft |
| 03/11/2025 03/11/25 | Pending | -- | -- | -- |
| 02/26/2025 02/26/25 | Price Changed | $549,900 | -3.5% | $311 / Sq Ft |
| 01/07/2025 01/07/25 | For Sale | $569,900 | +58.3% | $322 / Sq Ft |
| 06/25/2020 06/25/20 | Sold | $360,000 | -2.7% | $203 / Sq Ft |
| 05/28/2020 05/28/20 | Pending | -- | -- | -- |
| 05/28/2020 05/28/20 | For Sale | $370,000 | -- | $209 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $11,394 | $488,800 | $39,200 | $449,600 |
| 2023 | $11,394 | $465,500 | $39,200 | $426,300 |
| 2022 | $6,553 | $451,500 | $39,200 | $412,300 |
| 2021 | $5,531 | $387,100 | $39,200 | $347,900 |
| 2020 | $1,116 | $99,000 | $39,200 | $59,800 |
| 2019 | $1,957 | $78,800 | $3,000 | $75,800 |
| 2018 | $574 | $72,400 | $3,000 | $69,400 |
| 2017 | $485 | $68,300 | $3,000 | $65,300 |
| 2016 | $430 | $63,500 | $3,000 | $60,500 |
| 2014 | $356 | $60,200 | $3,000 | $57,200 |
| 2013 | $340 | $47,600 | $3,000 | $44,600 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Phillips
Seller's Agent in 2025
Lisa Phillips
Compass Indiana, LLC
(317) 219-9277
18 in this area
120 Total Sales
-
David Tang
D
Seller Co-Listing Agent in 2025
David Tang
Compass Indiana, LLC
(925) 570-4823
1 in this area
7 Total Sales
-
Nathan Inskeep
Buyer's Agent in 2025
Nathan Inskeep
Highgarden Real Estate
(317) 809-6871
2 in this area
161 Total Sales
-
L
Seller Co-Listing Agent in 2020
Lindsey Copeland
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22016874
APN: 49-10-18-231-038.000-101
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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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