Seller's Agent in 2025
Shane Burns
Victory Realty Team
(317) 833-2861
1 in this area
106 Total Sales
1401 E Castle Ave Indianapolis, IN 46227
University Heights Neighborhood
4
Beds
4
Baths
3,255
Sq Ft
0.28
Acres
Highlights
- Mature Trees
- Ranch Style House
- Corner Lot
- Vaulted Ceiling
- Wood Flooring
- No HOA
About This Home
As of April 2025This property is a double threat, it would make a great property to make your future primary residence, great quiet neighborhood and beautiful corner lot with great yard or purchase as an investment property and rent to University of Indianapolis students, home was previously rented to 6 students and market rate is currently $500 per student. That's 3,000 per month in income and current owner is always getting calls to rent this property, its only 5 minute walk to campus. This is a great ranch style, limestone exterior 4 bed 2.5 bath home very spacious in size with finished basement area and 2 car attached garage, fenced in back yard. Interior has large family room, separate dining area and a fireplace on the first floor and in the finished basement. This property can also qualify for 100% financing with no mortgage insurance with a 680 credit score....feel free to ask for more information on this program.
Last Agent to Sell the Property
Victory Realty Team Brokerage Email: shane@victoryrealtyteam.com License #RB18000283 Listed on: 02/27/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,148
Year Built
- Built in 1951
Lot Details
- 0.28 Acre Lot
- Corner Lot
- Mature Trees
Parking
- 2 Car Attached Garage
Home Design
- Ranch Style House
- Traditional Architecture
- Block Foundation
- Stone
Interior Spaces
- Built-in Bookshelves
- Woodwork
- Vaulted Ceiling
- Paddle Fans
- Skylights
- Fireplace Features Masonry
- Thermal Windows
- Entrance Foyer
- Living Room with Fireplace
- Formal Dining Room
- Utility Room
- Security System Owned
Kitchen
- Eat-In Kitchen
- Gas Oven
- Built-In Microwave
- Dishwasher
Flooring
- Wood
- Laminate
- Vinyl Plank
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Rough-In Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Fireplace in Basement
- Crawl Space
- Basement Lookout
Outdoor Features
- Breezeway
- Porch
Utilities
- Forced Air Heating System
- Programmable Thermostat
- Gas Water Heater
Community Details
- No Home Owners Association
- Elders University Heights Subdivision
Listing and Financial Details
- Tax Lot 5007956
- Assessor Parcel Number 491031101001132501
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 27, 2025
Closed on
Apr 23, 2025
Sold by
Little Jacob
Bought by
Robertson Eli and Robertson Heidi
Seller's Agent
Shane Burns
Victory Realty Team
Buyer's Agent
Logan Sanford
Real Broker, LLC
List Price
$294,900
Sold Price
$285,000
Premium/Discount to List
-$9,900
-3.36%
Views
93
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
$7,959
Avg. Annual Appreciation
2.61%
Purchase Details
Listed on
Mar 18, 2021
Closed on
Apr 22, 2021
Sold by
Kicinski William S and Kicinski Joan R
Bought by
Little Jacob
Seller's Agent
Shelly Wilson
F.C. Tucker Company
Buyer's Agent
Roman Baisa
F.C. Tucker Company
List Price
$245,900
Sold Price
$255,900
Premium/Discount to List
$10,000
4.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.72%
Original Mortgage
$248,223
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 27, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Kicinski William S and Kicinski Joan R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,422
Interest Rate
4.25%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 16, 2011
Sold by
Beuoy Kenneth E and Beuoy Lora L
Bought by
Federal Home Loan Mortgage Corporation
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,422
Interest Rate
4.25%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 9, 2006
Sold by
Crawford Betty R
Bought by
Beuoy Kenneth E and Beuoy Lara L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,800
Interest Rate
6.5%
Mortgage Type
New Conventional
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 | $285,000 | None Listed On Document | |
| Warranty Deed | -- | Quality Title | |
| Special Warranty Deed | -- | Statewide Title Company Inc | |
| Sheriffs Deed | $68,785 | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $248,223 | New Conventional | |
| Previous Owner | $107,000 | New Conventional | |
| Previous Owner | $119,000 | New Conventional | |
| Previous Owner | $79,422 | FHA | |
| Previous Owner | $126,800 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2025 04/23/25 | Sold | $285,000 | -3.4% | $88 / Sq Ft |
| 03/08/2025 03/08/25 | Pending | -- | -- | -- |
| 02/27/2025 02/27/25 | For Sale | $294,900 | +15.2% | $91 / Sq Ft |
| 04/22/2021 04/22/21 | Sold | $255,900 | +4.1% | $108 / Sq Ft |
| 03/21/2021 03/21/21 | Pending | -- | -- | -- |
| 03/18/2021 03/18/21 | For Sale | $245,900 | -- | $104 / 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 | $3,148 | $290,200 | $30,700 | $259,500 |
| 2023 | $3,148 | $255,900 | $30,700 | $225,200 |
| 2022 | $2,826 | $228,400 | $30,700 | $197,700 |
| 2021 | $2,534 | $209,600 | $30,700 | $178,900 |
| 2020 | $2,455 | $201,700 | $30,700 | $171,000 |
| 2019 | $2,362 | $191,600 | $23,300 | $168,300 |
| 2018 | $2,048 | $165,100 | $23,300 | $141,800 |
| 2017 | $1,813 | $161,600 | $23,300 | $138,300 |
| 2016 | $1,625 | $147,200 | $23,300 | $123,900 |
| 2014 | $1,365 | $128,500 | $23,300 | $105,200 |
| 2013 | $1,310 | $127,200 | $23,300 | $103,900 |
Source: Public Records
Agents Affiliated with this Home
-
Shane Burns
-
Logan Sanford
L
Buyer's Agent in 2025
Logan Sanford
Real Broker, LLC
(765) 580-1833
2 in this area
109 Total Sales
-
S
Seller's Agent in 2021
Shelly Wilson
F.C. Tucker Company
-
R
Buyer's Agent in 2021
Roman Baisa
F.C. Tucker Company
-
G
Buyer Co-Listing Agent in 2021
Gene Tumbarello
F.C. Tucker Company
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22024280
APN: 49-10-31-101-001.132-501
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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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