NOT LISTED FOR SALE

1501 N Downey Ave Indianapolis, IN 46219

Eastside Neighborhood

Estimated Value: $220,000 - $243,000

3 Beds
2 Baths
2,100 Sq Ft
$109/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $192,000 $91 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,347/month

37 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • 1-Story Property
  • Covered Patio or Porch
  • Bungalow
  • Forced Air Heating and Cooling System

About This Home

As of December 2022

Welcome home to this well-built 1950 brick Justus bungalow, with a convenient location to Community East, Pleasant Run Golf Course, Ellenberger Park, & Irvington! This 3 Bedroom, 2 Bath home features an inviting covered front porch, original hardwoods, wood burning fireplace in living room, full basement, carport, plus detached garage. Freshly painted & includes all kitchen appliances plus washer/dryer. Full basement adds additional bath options plus laundry, utility sink, large storage area, extra large finished recreational room, & additional kitchenette area perfect for entertaining, hosting game nights, crafting, etc! This charming home offers amazing curb appeal & intricate original details throughout. You don't want to miss this one!

Last Agent to Sell the Property

John Brennan

Ferris Property Group Listed on: 09/26/2022

Co-Listed By

Kristina Joltz

Ferris Property Group

Last Buyer's Agent

Harlon Wilson

Home Real Estate Solutions, LL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,472

Year Built

  • Built in 1950

Lot Details

  • 7,057 Sq Ft Lot
  • Partially Fenced Property

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,100 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • Family Room with Fireplace
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Basement Lookout

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Air Filter
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Justus Downey Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490734112026000701

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,472

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1950
  • Building Area Total: 2100
  • Co List Office Phone: 317-204-8324
  • Garage Y N: Yes
  • Lot Size Acres: 0.162
  • Subdivision Name: JUSTUS DOWNEY
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • MBR_AttributionContact: devin@ferrispropertygroup.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full, Daylight/Lookout Windows
  • Appliances: Microwave, Electric Oven, Gas Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Windows Vinyl
  • Other Equipment: CO Detectors, Smoke Detector
  • Areas Interior: Laundry in Basement
  • Eating Area: Breakfast Room,Dining Combo/Kitchen
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1050
  • Main Level Sq Ft: 1050
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Eat In
  • Below Grade Sq Ft: 1050
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 25-50%

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fence Partial
  • Foundation Details: Block
  • List Price: 197900
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Gas
  • Garage Parking Description: Carport,Detached
  • Garage Sq Ft: 294

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Electronic Air Filter, Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490734112026000701
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks
  • Lot Number: 36
  • Lot Size: 7,057

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1472
  • Semi Annual Property Tax Amt: 736
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2022
Closed on
Dec 14, 2022
Sold by
Wesley-Dunn Sharon Kay
Bought by
Eaton Sean and Eaton Rebekah
Seller's Agent
John Brennan
Ferris Property Group
Buyer's Agent
Harlon Wilson
Home Real Estate Solutions, LL
List Price
$199,999
Sold Price
$192,000
Premium/Discount to List
-$7,999
-4%
Views
37
Current Estimated Value
$229,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,797
Avg. Annual Appreciation
6.44%
Original Mortgage
$153,600
Outstanding Balance
$146,802
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$82,995

Purchase Details

Listed on
Sep 26, 2022
Closed on
Dec 9, 2022
Sold by
Wesley-Dunn Sharon Kay
Bought by
Eaton Sean and Eaton Rebekah
Seller's Agent
John Brennan
Ferris Property Group
Buyer's Agent
Harlon Wilson
Home Real Estate Solutions, LL
List Price
$199,999
Sold Price
$192,000
Premium/Discount to List
-$7,999
-4%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,600
Outstanding Balance
$146,802
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$82,995

Purchase Details

Closed on
Nov 1, 2007
Sold by
Wooten Sharon Kay and Westley Dunn Sharon Kay
Bought by
Wesley Dunn Sharon Kay

Purchase Details

Closed on
Sep 7, 2005
Sold by
Hazel Margaret Jane and Jones Diane H
Bought by
Wooten Sharon Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,600
Interest Rate
5.93%
Mortgage Type
New Conventional
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
Eaton Sean -- --
Eaton Sean -- None Listed On Document
Wesley Dunn Sharon Kay -- None Available
Wooten Sharon Kay -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eaton Sean $153,600
Closed Eaton Sean $153,600
Previous Owner Wooten Sharon Kay $85,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2022 12/09/22 Sold $192,000 -3.0% $91 / Sq Ft
11/02/2022 11/02/22 Pending -- -- --
10/31/2022 10/31/22 Price Changed $197,900 -1.0% $94 / Sq Ft
09/26/2022 09/26/22 For Sale $199,999 -- $95 / 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 $1,700 $164,400 $25,000 $139,400
2023 $1,700 $147,100 $25,000 $122,100
2022 $1,804 $147,100 $25,000 $122,100
2021 $1,574 $131,000 $25,000 $106,000
2020 $1,419 $120,800 $18,100 $102,700
2019 $1,108 $103,300 $18,100 $85,200
2018 $1,012 $96,900 $18,100 $78,800
2017 $868 $95,300 $18,100 $77,200
2016 $784 $92,900 $18,100 $74,800
2014 $814 $95,000 $18,100 $76,900
2013 $960 $95,000 $18,100 $76,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    John Brennan

    Ferris Property Group

    Section Image

  • K

    Seller Co-Listing Agent in 2022

    Kristina Joltz

    Ferris Property Group

    Section Image

  • H

    Buyer's Agent in 2022

    Harlon Wilson

    Home Real Estate Solutions, LL

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21883831

MIBOR Broker Listing Cooperative®

APN: 49-07-34-112-026.000-701

Indiana Marion County Indianapolis 46219 Eastside

1501 N Downey Ave, Indianapolis, IN

This home is located at 1501 N Downey Ave, Indianapolis, IN 46219 since 26 September 2022 and is currently estimated at $229,797, approximately $109 per square foot. This property was built in 1950. 1501 N Downey Ave is a home located in Marion County with nearby schools including Thomas D. Gregg School No. 15, Washington Irving School 14, and Anna Brochhausen School 88.

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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