NOT LISTED FOR SALE

1438 S Talbott St Indianapolis, IN 46225

Old Southside Neighborhood

Estimated Value: $121,000 - $307,290

2 Beds
1 Bath
1,287 Sq Ft
4,356 Sq Ft Lot

Last Sold March 24, 2023

Last sale price $155,000 $120 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,653/month

1 Day on Market

Highlights

  • A-Frame Home
  • Forced Air Heating System
  • Family or Dining Combination
  • Wood Flooring

About This Home

As of March 2023

Investor Special. Great location near Eli Lilly. This listing is one condo of two. Both are available. Big rehab project but big upside.

Last Agent to Sell the Property

Joey Gaard

Pocket Property, LLC License #RB14040903 Listed on: 03/15/2023

Last Buyer's Agent

Joey Gaard

Pocket Property, LLC License #RB14040903 Listed on: 03/15/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,590

Year Built

  • Built in 1910

Lot Details

  • 4,356

Home Design

  • A-Frame Home
  • Fixer Upper
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Family or Dining Combination
  • Wood Flooring
  • Attic Access Panel
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Community Details

  • Property has a Home Owners Association
  • 1St Southern Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 491113158028000101

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,590

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: A-Frame
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1910
  • Building Area Total: 1900
  • Garage Y N: No
  • Lot Size Acres: 0.1
  • Subdivision Name: 1st Southern
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Lifestyles: Other/See Remarks
  • MBR_AttributionContact: joeygaard@hotmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Appliances: None
  • Levels: Two
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 87
  • Interior Amenities: Attic Access
  • Living Area: 1287
  • Other Equipment: Not Applicable
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 700
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 500
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Block, Wood
  • Foundation Details: Block
  • List Price: 159900
  • Property Condition: Fixer

Utilities

  • Cooling: None
  • Heating: Forced Air
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: Yes

Lot Info

  • Property Attached Yn: Yes
  • Lot Size Sq Ft: 4515
  • Parcel Number: 491113158028000101
  • Acres: <1/4 Acre
  • Price Acre: 1550000

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2590
  • Tax Lot: 3
  • Semi Annual Property Tax Amt: 1295

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
Apr 20, 2023
Sold by
Glh College Llc
Bought by
Attack Life Ii Llc
Seller's Agent
Joey Gaard
Pocket Property, LLC
Buyer's Agent
Joey Gaard
Pocket Property, LLC
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%
Views
21
Current Estimated Value
$247,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,823
Avg. Annual Appreciation
20.74%
Original Mortgage
$188,000
Outstanding Balance
$182,969
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$64,854

Purchase Details

Closed on
Jul 8, 2021
Sold by
Are Holdings Llc
Bought by
Glh College Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,743
Interest Rate
2.96%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 1, 2021
Sold by
Haep Capital 3 Llc
Bought by
Are Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,743
Interest Rate
2.96%
Mortgage Type
Construction

Purchase Details

Closed on
May 27, 2021
Sold by
Haep Capital 3 Llc
Bought by
Are Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,743
Interest Rate
2.96%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 7, 2021
Sold by
Bw Group Llc
Bought by
Haep Capital 3 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
2.71%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 30, 2020
Sold by
Bw Group Llc
Bought by
Haep Capital 3 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
2.71%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 5, 2019
Sold by
Llph Llc
Bought by
Bw Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,700
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 4, 2018
Sold by
Jl Capital Holdings Llc
Bought by
Llph Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
4.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 1, 2016
Sold by
Upper Class Homes Llc
Bought by
Jl Capital Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 2013
Sold by
Marion County Auditor
Bought by
Marion County

Purchase Details

Closed on
Jul 22, 2009
Sold by
Short Kenneth B
Bought by
Byrd Janet and 1438 South Talbott Street Land Trust

Purchase Details

Closed on
Mar 11, 2005
Sold by
Hume Robert W and Hume Connie J
Bought by
Short Kenneth B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,200
Interest Rate
8.1%
Mortgage Type
Commercial
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
Attack Life Ii Llc -- Title Solutions
Glh College Llc -- None Available
Are Holding Llc -- None Listed On Document
Are Holdings Llc -- None Available
Are Holdings Llc -- None Available
Haep Capital 3 Llc -- None Listed On Document
Haep Capital 3 Llc -- None Available
Bw Group Llc $140,000 Monument Title Insurance Compa
Llph Llc -- None Available
Llph Llc -- None Available
Jl Capital Holdings Llc -- None Available
Marion County $5,000 --
Byrd Janet -- None Available
Short Kenneth B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Attack Life Ii Llc $188,000
Previous Owner Glh College Llc $445,743
Previous Owner Are Holdings Llc $198,750
Previous Owner Heap Capital 3 Llc $275,000
Previous Owner Haep Capital 3 Llc $1,750,000
Previous Owner Bw Group Llc $285,700
Previous Owner Llph Llc $324,000
Previous Owner Jl Capital Llc $0
Previous Owner Short Kenneth B $51,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2023 03/24/23 Sold $155,000 -3.1% $120 / Sq Ft
03/15/2023 03/15/23 For Sale $159,900 -- $124 / 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 $3,978 $274,400 $3,600 $270,800
2023 $3,978 $164,800 $3,600 $161,200
2022 $3,497 $129,400 $3,600 $125,800
2021 $3,497 $112,300 $9,400 $102,900
2020 $2,994 $112,300 $9,400 $102,900
2019 $3,024 $63,700 $4,700 $59,000
2018 $1,628 $63,700 $4,700 $59,000
2017 $4,816 $61,400 $4,700 $56,700
2016 $1,282 $58,200 $4,700 $53,500
2014 $1,248 $57,700 $4,700 $53,000
2013 $1,297 $57,700 $4,700 $53,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Joey Gaard

    Pocket Property, LLC

    (317) 258-0147

    1 in this area

    48 Total Sales

    Joey Gaard
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21910538

MIBOR Broker Listing Cooperative®

APN: 49-11-13-158-028.000-101

Indiana Marion County Indianapolis 46225 Old Southside

1438 S Talbott St, Indianapolis, IN

This home is located at 1438 S Talbott St, Indianapolis, IN 46225 since 15 March 2023 and is currently estimated at $247,823, approximately $192 per square foot. This property was built in 1910. 1438 S Talbott St is a home located in Marion County with nearby schools including James A. Garfield School 31, Arsenal Technical High School, and George Washington Community High School No. 721.

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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