$96,400
SOLD AUG 10, 2018

1427 Lexington Ave Indianapolis, IN 46203

Fountain Square Neighborhood
3 Beds
1 Bath
1,488 Sq Ft
7,492 Sq Ft Lot

Recently Sold

$65 Per Sq Ft

12% Below List Price

31 Days on Market

Highlights

  • Bungalow
  • Forced Air Heating System
  • Garage
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • 2-minute walk to Stacy Park

About This Home

As of February 2024

New furnace 2016, new gutters 2017. 1 car garage. Large unfinished attic space. Original ceilings are 10 ft, under the dropped ceiling. Much potential for investor to transform this home in Fountain Square.

Last Agent to Sell the Property

Vicky Koerner

Arsenault Group Realty, Inc. License #RB14043288 Listed on: 07/02/2018

Last Buyer's Agent

Dustin Kelly

Trueblood Real Estate

Trueblood Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,262

Year Built

  • Built in 1900

Lot Details

  • 7,492 Sq Ft Lot

Parking

  • Garage

Home Design

  • Bungalow
  • Aluminum Siding

Interior Spaces

  • 1,488 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Permanent Attic Stairs

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Fletcher Woodlawn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491007209220000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,262

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1900
  • Garage Y N: Yes
  • Lot Size Acres: 0.172
  • Subdivision Name: FLETCHER WOODLAWN
  • Inspection Warranties: Not Applicable
  • Property Description: New furnace 2016, new gutters 2017. 1 car garage. Large unfinished attic space. Original ceilings are 10 ft, under the dropped ceiling. Much potential for investor to transform this home in Fountain Square.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Attic Stairway
  • Living Area: 1488
  • Other Equipment: Not Applicable
  • Room Count: 6
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1488
  • Main Level Sq Ft: 1488
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1488
  • Below Grade Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Foundation Details: Other
  • List Price: 110000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Detached

Utilities

  • Sewer: Sewer Connected
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491007209220000101
  • Acres: <1/4 Acre
  • Lot Number: 134
  • Lot Size: 7,492

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1262
  • Semi Annual Property Tax Amt: 631
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Jan 29, 2024
Sold by
Chobanov Katherine Elizabeth and Chobanov Christoph
Bought by
Quintero Ashley Marie Lopez
Seller's Agent
Sathya Kattragadda
CENTURY 21 Scheetz
Buyer's Agent
Alex Montagano
eXp Realty, LLC
List Price
$389,900
Sold Price
$388,000
Premium/Discount to List
-$1,900
-0.49%
Views
175
Current Estimated Value
$389,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,966
Avg. Annual Appreciation
0.35%
Original Mortgage
$375,050
Outstanding Balance
$370,243
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
$19,723

Purchase Details

Listed on
Nov 7, 2019
Closed on
Dec 12, 2019
Sold by
Kdk Group Llc
Bought by
Chobanov Katherine Elizabeth and Chobanov Christopher John
Seller's Agent
Michael Mergell
LPT Realty
Buyer's Agent
Sathya Kattragadda
CENTURY 21 Scheetz
List Price
$330,000
Sold Price
$330,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.98%
Original Mortgage
$330,000
Interest Rate
3.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 2, 2018
Closed on
Aug 10, 2018
Sold by
Marie Hamblen Nicole
Seller's Agent
Vicky Koerner
Arsenault Group Realty, Inc.
Buyer's Agent
Dustin Kelly
Trueblood Real Estate
List Price
$110,000
Sold Price
$96,400
Premium/Discount to List
-$13,600
-12.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
150.51%
Original Mortgage
$200,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2018
Sold by
Hendricks Sarah Jade Hendricks Aka Sara
Bought by
Hamblen Nicole Marie
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $388,000 None Listed On Document
Warranty Deed -- Fidelity National Title
Deed $96,400 --
Warranty Deed $96,400 Chicago Title Co Llc
Deed $15,000 --
Deed $15,000 Royal Title Services
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,050 FHA
Previous Owner $330,000 Adjustable Rate Mortgage/ARM
Previous Owner $200,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $388,000 -0.5% $230 / Sq Ft
12/21/2023 12/21/23 Pending -- -- --
11/08/2023 11/08/23 For Sale $389,900 +18.2% $231 / Sq Ft
12/12/2019 12/12/19 Sold $330,000 0.0% $169 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
11/07/2019 11/07/19 For Sale $330,000 +242.3% $169 / Sq Ft
08/10/2018 08/10/18 Sold $96,400 -12.4% $65 / Sq Ft
08/02/2018 08/02/18 Pending -- -- --
07/20/2018 07/20/18 Price Changed $110,000 0.0% $74 / Sq Ft
07/20/2018 07/20/18 For Sale $110,000 -15.4% $74 / Sq Ft
07/13/2018 07/13/18 Pending -- -- --
07/01/2018 07/01/18 For Sale $130,000 -- $87 / 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 $4,671 $376,800 $37,800 $339,000
2023 $4,671 $380,400 $37,800 $342,600
2022 $4,103 $366,800 $37,800 $329,000
2021 $4,103 $340,400 $37,800 $302,600
2020 $3,537 $301,900 $37,800 $264,100
2019 $426 $67,200 $6,300 $60,900
2018 $681 $61,600 $6,300 $55,300
2017 $1,369 $58,400 $6,300 $52,100
2016 $1,274 $54,400 $6,300 $48,100
2014 $1,122 $51,000 $6,300 $44,700
2013 $1,109 $46,900 $6,300 $40,600
Source: Public Records

Agents Affiliated with this Home

  • Sathya Kattragadda

    Seller's Agent in 2024

    Sathya Kattragadda

    CENTURY 21 Scheetz

    (317) 833-2000

    1 in this area

    141 Total Sales

    Sathya Kattragadda
    Section Image
  • Rebecca Upton

    Seller Co-Listing Agent in 2024

    Rebecca Upton

    CENTURY 21 Scheetz

    (317) 777-8385

    1 in this area

    96 Total Sales

    Rebecca Upton
    Section Image

  • A

    Buyer's Agent in 2024

    Alex Montagano

    eXp Realty, LLC

    Section Image

  • A

    Buyer Co-Listing Agent in 2024

    Austin Lipking

    eXp Realty, LLC

    Section Image
  • Michael Mergell

    Seller's Agent in 2019

    Michael Mergell

    LPT Realty

    (317) 645-8717

    3 in this area

    102 Total Sales

    Michael Mergell
    Section Image
  • Dustin Kelly

    Seller Co-Listing Agent in 2019

    Dustin Kelly

    Trueblood Real Estate

    (317) 370-6700

    1 in this area

    68 Total Sales

    Dustin Kelly
    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21577907

MIBOR Broker Listing Cooperative®

APN: 49-10-07-209-220.000-101

Indiana Marion County Indianapolis 46203 Fountain Square

1427 Lexington Ave, Indianapolis, IN

This home is located at 1427 Lexington Ave, Indianapolis, IN 46203 and is currently priced at $96,400, approximately $64 per square foot. This property was built in 1900. 1427 Lexington Ave is a home located in Marion County with nearby schools including William McKinley School 39, Arlington Community Middle School, and Arsenal Technical High School.

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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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