1501 S Alabama St Indianapolis, IN 46225
Bates-Hendricks NeighborhoodEstimated payment $3,141/month
Total Views
88
5
Beds
4
Baths
2,427
Sq Ft
$177
Price per Sq Ft
Highlights
- Mature Trees
- No HOA
- Eat-In Kitchen
- L-Shaped Dining Room
- 2 Car Attached Garage
- Woodwork
About This Home
Welcome to 1501 S Alabama Street, a completely renovated 5-bedroom, 4-bath home in historic Bates-Hendricks. This spacious home is nearly 3,000 square feet, including two primary suites-one on the main floor and one upstairs-perfect for flexible living arrangements. The interior features plank flooring throughout, fresh paint, oversized bedrooms with ample closet space, and four fully updated full bathrooms with modern tile and vanities. Step outside to a cozy front porch overlooking a private, tree-lined street with a park-like median, or enjoy your private backyard for entertaining and relaxation. Additional highlights include an attached 2-car garage, open living spaces, and a design that effortlessly blends modern comfort with classic neighborhood charm. Situated in one of Indianapolis's most sought-after historic neighborhoods, this home is just minutes from Fletcher Park, Fountain Square, downtown Indy, and neighborhood favorites for dining, nightlife, and entertainment. Easy access to I-65 and I-70 makes commuting seamless. Move-in ready and thoughtfully updated, 1501 S Alabama Street offers room to grow, space to entertain, and the lifestyle of Bates-Hendricks-schedule your showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,576
Year Built
- Built in 1890
Lot Details
- 7,405 Sq Ft Lot
- Mature Trees
Parking
- 2 Car Attached Garage
Home Design
- Brick Exterior Construction
- Block Foundation
- Cement Siding
Interior Spaces
- 1.5-Story Property
- Woodwork
- L-Shaped Dining Room
- Basement
- Basement Cellar
- Fire and Smoke Detector
- Laundry on main level
Kitchen
- Eat-In Kitchen
- Gas Oven
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- Woodruff Sub Morris Add Subdivision
Listing and Financial Details
- Tax Lot 491113162043000101
- Assessor Parcel Number 491113162043000101
Map
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Home Values in the Area
Average Home Value in this Area
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 | $9,366 | $403,500 | $24,600 | $378,900 |
| 2023 | $9,366 | $389,600 | $24,600 | $365,000 |
| 2022 | $8,884 | $367,200 | $24,600 | $342,600 |
| 2021 | $2,807 | $116,500 | $24,600 | $91,900 |
| 2020 | $6,320 | $115,900 | $24,600 | $91,300 |
| 2019 | $1,662 | $65,600 | $4,500 | $61,100 |
| 2018 | $1,420 | $55,000 | $4,500 | $50,500 |
| 2017 | $1,018 | $42,900 | $4,500 | $38,400 |
| 2016 | $995 | $42,900 | $4,500 | $38,400 |
| 2014 | $757 | $39,900 | $4,500 | $35,400 |
| 2013 | $868 | $38,700 | $4,500 | $34,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2025 08/22/25 | For Sale | $430,000 | -- | $177 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Centurion Land Title | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Corporate Deed | $13,000 | Total Title Llc | |
| Sheriffs Deed | $28,800 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $289,000 | New Conventional | |
| Previous Owner | $276,260 | New Conventional | |
| Previous Owner | $82,200 | Balloon | |
| Previous Owner | $30,000 | Unknown | |
| Previous Owner | $16,000 | Stand Alone First | |
| Previous Owner | $11,950 | Stand Alone Second |
Source: Public Records
Similar Homes in the area
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22057892
APN: 49-11-13-162-043.000-101
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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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