NOT LISTED FOR SALE

1462 S Illinois St Indianapolis, IN 46225

Old Southside Neighborhood

Estimated Value: $127,000 - $129,000

3 Beds
2 Baths
1,056 Sq Ft
$121/Sq Ft Est. Value

Last Sold March 11, 2021

Last sale price $85,125 $81 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $860/month

8 Days on Market

Highlights

  • Covered patio or porch
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Woodwork
  • Forced Air Heating System
  • 5-minute walk to Kelly Park

About This Home

As of March 2021

Check out this cute bungalow with great proximity to downtown Indianapolis and Fountain Square! Don't miss out on this income producing property with 3 beds and 2 full baths. Check it out before it's gone.

Last Agent to Sell the Property

Josh Moss

Keller Williams Indy Metro S License #RB14039981 Listed on: 11/30/2020

Keller Williams Indy Metro S

Co-Listed By

Denis O'Brien

Keller Williams Indy Metro S License #RB14047311

Last Buyer's Agent

Monique Nickolson

Hanza Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $716

Year Built

  • Built in 1900

Lot Details

  • 4,792

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Range Hood

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Septic Tank

Additional Features

  • Covered patio or porch
  • 4,792 Sq Ft Lot

Community Details

  • Becks S Meridian Street Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491114131008000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$716

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1900
  • Co List Office Phone: 317-882-5900
  • Garage Y N: No
  • Lot Size Acres: 0.11
  • Subdivision Name: BECKS S MERIDIAN STREET ADDITION
  • Inspection Warranties: Not Applicable
  • Property Description: Check out this cute bungalow with great proximity to downtown Indianapolis and Fountain Square! Don't miss out on this income producing property with 3 beds and 2 full baths. Check it out before it's gone.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Oven, Range Hood, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Wood Work Painted
  • Living Area: 1056
  • Other Equipment: Smoke Detector
  • Room Count: 6
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1056
  • Main Level Sq Ft: 1056
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Bedroom, Split
  • Total Sq Ft: 1056
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Crawl Space
  • List Price: 90000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491114131008000101
  • Acres: <1/4 Acre
  • Lot Number: 8
  • Lot Size: 4792

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 716
  • Semi Annual Property Tax Amt: 358
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2021
Sold by
Divadkar Amilvikram M
Bought by
Ad Ventures 2 Llc
Current Estimated Value
$128,000

Purchase Details

Closed on
Jan 8, 2021
Sold by
Equity Trust Co
Bought by
Divadkar Amilvikram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,100
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 3, 2015
Closed on
Jul 7, 2015
Sold by
Copeland Cathy
Bought by
Equity Trust Company
Seller's Agent
Brian Hackman
Complete Real Estate Solutions
Buyer's Agent
Nan Minatel
F.C. Tucker Company
List Price
$25,000
Sold Price
$23,500
Premium/Discount to List
-$1,500
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.18%

Purchase Details

Closed on
Sep 25, 2009
Sold by
Thielen Jack and Thielen Lenore
Bought by
Copeland Cathy

Purchase Details

Closed on
Jun 4, 2008
Sold by
Hull John B
Bought by
Thielen Jack and Thielen Lenore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ad Ventures 2 Llc -- None Available
Divadkar Amilvikram -- None Available
Equity Trust Company -- Attorney
Copeland Cathy -- None Available
Thielen Jack -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ad Ventures 2 Llc $522,100
Previous Owner Divadkar Amilvikram $68,100
Previous Owner Thielen Jack $48,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2021 03/11/21 Sold $85,125 -5.4% $81 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
11/30/2020 11/30/20 For Sale $90,000 +283.0% $85 / Sq Ft
07/07/2015 07/07/15 Sold $23,500 -6.0% $28 / Sq Ft
06/14/2015 06/14/15 Pending -- -- --
06/03/2015 06/03/15 For Sale $25,000 -- $29 / 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 $1,912 $81,900 $7,700 $74,200
2023 $1,912 $77,700 $7,700 $70,000
2022 $2,129 $87,300 $7,700 $79,600
2021 $1,735 $72,300 $7,700 $64,600
2020 $1,578 $65,300 $7,700 $57,600
2019 $834 $32,600 $3,600 $29,000
2018 $826 $32,000 $3,600 $28,400
2017 $712 $30,600 $3,600 $27,000
2016 $659 $28,800 $3,600 $25,200
2014 $575 $26,600 $3,600 $23,000
2013 $559 $24,800 $3,600 $21,200
Source: Public Records

Agents Affiliated with this Home

  • Josh Moss

    Seller's Agent in 2021

    Josh Moss

    Keller Williams Indy Metro S

    (317) 413-7292

    2 in this area

    180 Total Sales

    Section Image
  • Denis O'Brien

    Seller Co-Listing Agent in 2021

    Denis O'Brien

    Keller Williams Indy Metro S

    (317) 345-0785

    4 in this area

    356 Total Sales

    Section Image

  • M

    Buyer's Agent in 2021

    Monique Nickolson

    Hanza Realty, LLC

    Section Image
  • Brian Hackman

    Seller's Agent in 2015

    Brian Hackman

    Complete Real Estate Solutions

    (317) 885-5099

    53 Total Sales

    Section Image

  • N

    Buyer's Agent in 2015

    Nan Minatel

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21755045

MIBOR Broker Listing Cooperative®

APN: 49-11-14-131-008.000-101

Indiana Marion County Indianapolis 46225 Old Southside

1462 S Illinois St, Indianapolis, IN

This home is located at 1462 S Illinois St, Indianapolis, IN 46225 since 30 November 2020 and is currently estimated at $128,000, approximately $121 per square foot. This property was built in 1900. 1462 S Illinois St is a home located in Marion County with nearby schools including Daniel Webster School 46, George Washington Community High School (9-12), 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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