NOT LISTED FOR SALE

1502 Butternut Ln Indianapolis, IN 46234

Chapel Hill-Ben Davis Neighborhood

Estimated Value: $206,000 - $255,000

4 Beds
2.5 Baths
2,115 Sq Ft
$109/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $190,000 $90 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,450/month

9 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Forced Air Heating and Cooling System
  • Ben Davis University High School Rated A
  • 2 Car Attached Garage
  • Paddle Fans

About This Home

As of February 2023

4 bedroom 3 1/2 bath 2 level home. Plenty of space for the growing family and a great opportunity for sweat equity or an investor. No HOA. Property is being sold AS- Is and price reflects the opportunity for instance equity. Bring you paint brush and toolbox and shiner up.

Last Agent to Sell the Property

Christie Parker

Dropped Members License #RB14044479 Listed on: 12/19/2022

Dropped Members

Last Buyer's Agent

Ryonna Smith

Carpenter, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,510

Year Built

  • Built in 1981

Lot Details

  • 100 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Multi-Level Property
  • Paddle Fans
  • Wood Burning Fireplace
  • Vinyl Clad Windows
  • Family Room with Fireplace
  • Sump Pump
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Multiple Phone Lines
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Woodpointe Subdivision

Listing and Financial Details

  • Legal Lot and Block 245 / 6
  • Assessor Parcel Number 490533112017000900

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,510

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Multi-Level
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1981
  • Building Area Total: 2115
  • Garage Y N: Yes
  • Lot Size Acres: 0.23
  • Subdivision Name: Woodpointe
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: christie.parker@talktotucker.com
  • Special Features: None

Interior Features

  • Basement: No
  • Basement Type: Sump Pump
  • Appliances: Dishwasher, Electric Oven, Refrigerator, Gas Water Heater
  • Levels: Multi/Split
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Windows Vinyl, Paddle Fan, Hi-Speed Internet Availbl, Network Ready
  • Living Area: 2115
  • Other Equipment: Multiple Phone Lines, Satellite Dish Paid, Smoke Alarm, Not Applicable
  • Eating Area: Formal Dining Room,Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 1075
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 1040
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Slab

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Utilities: Cable Available
  • Cooling: Central Electric, None
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Corner Lot, Curbs
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 100
  • Parcel Number: 490533112017000900
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2510
  • Tax Block: 6
  • Tax Lot: 245
  • Semi Annual Property Tax Amt: 1255
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2022
Closed on
Feb 1, 2023
Sold by
Williams Danny E
Bought by
Dontae Nobure
Seller's Agent
Christie Parker
Dropped Members
Buyer's Agent
Ryonna Smith
Carpenter, REALTORS®
List Price
$195,000
Sold Price
$190,000
Premium/Discount to List
-$5,000
-2.56%
Views
244
Current Estimated Value
$229,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,978
Avg. Annual Appreciation
6.83%
Original Mortgage
$186,558
Outstanding Balance
$180,619
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$49,359

Purchase Details

Closed on
Aug 23, 2005
Sold by
Household Finance Corp Iii
Bought by
Williams Danny E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Interest Rate
7.55%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 7, 2005
Sold by
Edwards Gregory D and Edwards Melissa
Bought by
Household Finance Corp Iii

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Interest Rate
7.55%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dontae Nobure $190,000 Chicago Title
Williams Danny E -- None Available
Household Finance Corp Iii $106,628 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dontae Nobure $186,558
Previous Owner Williams Danny E $71,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2023 02/03/23 Sold $190,000 0.0% $90 / Sq Ft
12/29/2022 12/29/22 Pending -- -- --
12/20/2022 12/20/22 Price Changed $190,000 -2.6% $90 / Sq Ft
12/19/2022 12/19/22 For Sale $195,000 -- $92 / 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 $2,900 $236,200 $16,300 $219,900
2023 $2,900 $236,200 $16,300 $219,900
2022 $2,846 $229,800 $16,300 $213,500
2021 $2,611 $186,000 $16,300 $169,700
2020 $2,129 $153,500 $16,300 $137,200
2019 $2,199 $158,300 $16,300 $142,000
2018 $1,784 $145,100 $16,300 $128,800
2017 $1,650 $134,700 $16,300 $118,400
2016 $1,583 $129,500 $16,300 $113,200
2014 $1,165 $115,100 $16,300 $98,800
2013 $1,097 $111,500 $16,300 $95,200
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Christie Parker

    Dropped Members

    Section Image

  • R

    Buyer's Agent in 2023

    Ryonna Smith

    Carpenter, REALTORS®

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21897503

MIBOR Broker Listing Cooperative®

APN: 49-05-33-112-017.000-900

Indiana Marion County Indianapolis 46234 Chapel Hill-Ben Davis

1502 Butternut Ln, Indianapolis, IN

Not Listed for Sale

Detached

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