NOT LISTED FOR SALE

1331 Commerce Ave Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $262,000 - $287,000

3 Beds
1 Bath
2,064 Sq Ft
$133/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $210,000 $102 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,690/month

75 Days on Market

Highlights

  • A-Frame Home
  • Corner Lot
  • Porch
  • Wood Flooring
  • No HOA
  • Eat-In Kitchen

About This Home

As of July 2021

Nice updated home in sought after Spades Park Area, within walking distance of the Foundry, KAN KAN, and several other hot spots. Home sits Right on top of the agricultural trail, and is 1/4 mile from the monon, and there are several breweries in walking distance as well as steakhouses.Home has been updated with new kitchen counters, carpet, appliances , and light fixtures.Custom built front porch. Pergola in backyard is optional with purchase. New fence in the backyard to allow for privacy while entertaining or relaxing. Lot at 1327 Commerce is included with this home. With this included parcel,

Last Agent to Sell the Property

David Collins

Indy Crossroads Realty Group License #RB19000110 Listed on: 03/19/2021

Last Buyer's Agent

Kelly Burns

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $66

Year Built

  • Built in 1900

Lot Details

  • 3,833 Sq Ft Lot
  • Corner Lot

Home Design

  • A-Frame Home
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2-Story Property
  • Attic Access Panel
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Spades Park Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 490731146002000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$66

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: A-Frame
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1900
  • Building Area Total: 2904
  • Garage Y N: No
  • Lot Size Acres: 0.088
  • Subdivision Name: Spades Park
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Lifestyles: Other/See Remarks
  • MBR_AttributionContact: iknowaguyrealestate@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Electric Cooktop, Dishwasher, MicroHood, Microwave, Electric Water Heater
  • Levels: Two
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Hardwood Floors, Eat-in Kitchen
  • Living Area: 2064
  • Main Level Bedrooms: 1
  • Other Equipment: Not Applicable
  • Eating Area: Formal Dining Room,Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1074
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 990
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick, Wood Brick
  • Disclosures: Not Applicable
  • Foundation Details: Brick
  • List Price: 219995
  • Patio And Porch Features: Porch Open

Garage/Parking

  • Parking Features: None

Utilities

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

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Corner Lot, Curbs
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Lot Size Sq Ft: 3833
  • Parcel Number: 490731146002000101
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 66
  • Tax Lot: 2
  • Semi Annual Property Tax Amt: 33
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
Jul 1, 2021
Sold by
Grable James R
Bought by
Humphrey Aaron
Seller's Agent
David Collins
Indy Crossroads Realty Group
Buyer's Agent
Kelly Burns
List Price
$249,900
Sold Price
$210,000
Premium/Discount to List
-$39,900
-15.97%
Current Estimated Value
$273,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,734
Avg. Annual Appreciation
6.39%
Original Mortgage
$199,500
Outstanding Balance
$182,966
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$88,754
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
Humphrey Aaron $210,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Humphrey Aaron $199,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $210,000 -12.5% $102 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
04/17/2021 04/17/21 Price Changed $239,900 -4.0% $116 / Sq Ft
03/19/2021 03/19/21 For Sale $249,900 -- $121 / 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 $2,374 $203,800 $13,800 $190,000
2023 $2,374 $195,700 $13,800 $181,900
2022 $1,444 $219,000 $13,800 $205,200
2021 $1,444 $121,600 $13,800 $107,800
2020 $354 $47,000 $3,300 $43,700
2019 $65 $8,500 $3,300 $5,200
2018 $143 $8,200 $3,300 $4,900
2017 $129 $7,500 $3,300 $4,200
2016 $55 $7,500 $3,300 $4,200
2014 $53 $7,200 $3,300 $3,900
2013 $59 $7,200 $3,300 $3,900
Source: Public Records

Agents Affiliated with this Home

  • David Collins

    Seller's Agent in 2021

    David Collins

    Indy Crossroads Realty Group

    (317) 281-9241

    2 in this area

    127 Total Sales

    David Collins
    Section Image

  • K

    Buyer's Agent in 2021

    Kelly Burns

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21773036

MIBOR Broker Listing Cooperative®

APN: 49-07-31-146-002.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

1331 Commerce Ave, Indianapolis, IN

This home is located at 1331 Commerce Ave, Indianapolis, IN 46201 since 19 March 2021 and is currently estimated at $273,734, approximately $132 per square foot. This property was built in 1900. 1331 Commerce Ave is a home located in Marion County with nearby schools including Brookside School 54, 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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