NOT LISTED FOR SALE

1502 N Drexel Ave Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $168,000 - $207,000

3 Beds
2 Baths
2,064 Sq Ft
$95/Sq Ft Est. Value

Sale Details

Date Sold: June 23, 2015

Last sale price $90,000 $44 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,206 / mo

78 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Garage
  • 1-Story Property

About This Home

As of June 2015

WOW! A real "creampuff"*Walk only 2 blks to Little Flower school*Full finished bsmt offers 4th BR or hm offc+2nd full kitchen w/applncs+full bath+fin fam rm includes separate entrance for use as in-law quarters/apartment/in-hm business or teenage hideaway*Welcoming & entertainment-size old fash front porch*Form liv+din rms*Hdwd flrs*Larger than it looks from the outside*Tree-shaded corner lot*Fncd yd*Det gar+carport+xtra parking spaces*You won't be disappointed in this one!!!

Last Agent to Sell the Property

Diane Kay Welch-Ridinger

Dropped Members License #RB14010474 Listed on: 02/24/2015

Dropped Members

Last Buyer's Agent

Mike Perron

Real Broker, LLC

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $664

Year Built

  • Built in 1940

Lot Details

  • 5,576

Parking

  • Garage

Home Design

  • Block Foundation

Interior Spaces

  • 2,064 Sq Ft Home
  • 1-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Additional Features

  • Covered Patio or Porch
  • 5,576 Sq Ft Lot

Community Details

  • Rosalia Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490733116012000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$664

Year Built

Built in 1940

Lot Details

5,576 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch,TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1940
  • Garage Y N: Yes
  • Lot Size Acres: 0.128
  • Subdivision Name: ROSALIA PLACE
  • Inspection Warranties: Not Applicable
  • Property Description: WOW! A real "creampuff"*Walk only 2 blks to Little Flower school*Full finished bsmt offers 4th BR or hm offc+2nd full kitchen w/applncs+full bath+fin fam rm includes separate entrance for use as in-law quarters/apartment/in-hm business or teenage hideaway*Welcoming & entertainment-size old fash front porch*Form liv+din rms*Hdwd flrs*Larger than it looks from the outside*Tree-shaded corner lot*Fncd yd*Det gar+carport+xtra parking spaces*You won't be disappointed in this one!!!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished Ceiling,Finished
  • Appliances: Electric Oven,Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Interior Amenities: Built In Book Shelves,Screens Complete,Wood Work Painted
  • Living Area: 2064
  • Other Equipment: Security Alarm Paid,Smoke Detector
  • Room Count: 10
  • Eating Area: Eat In Kitchen,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1032
  • Main Level Sq Ft: 1032
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Main Level
  • Total Sq Ft: 2064
  • Below Grade Sq Ft: 1032
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 75+%
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Aluminum Siding,Stone
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel,Fence Complete
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Covered Patio

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Carport,1 Car Detached
  • Garage Parking Other: Guest Parking Premises,Guest Street Parking

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Connected,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490733116012000101
  • Acres: <1/4 Acre
  • Lot Information: Corner,Street Lights,Tree Mature
  • Lot Number: 161
  • Lot Size: 5576

Tax Info

  • Tax Annual Amount: 664
  • Semi Annual Property Tax Amt: 332
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2015
Closed on
Jun 23, 2015
Sold by
Schilling George S and Schilling Miriam Ruth
Bought by
Peercy Jason M
Seller's Agent
Diane Kay Welch-Ridinger
Dropped Members
Buyer's Agent
Mike Perron
Real Broker, LLC
List Price
$91,900
Sold Price
$90,000
Premium/Discount to List
-$1,900
-2.07%
Current Estimated Value
$195,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,093
Avg. Annual Appreciation
7.45%
Original Mortgage
$85,500
Outstanding Balance
$65,538
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$129,555
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Peercy Jason M -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peercy Jason M $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2015 06/23/15 Sold $90,000 -2.1% $44 / Sq Ft
05/14/2015 05/14/15 Pending -- -- --
02/24/2015 02/24/15 For Sale $91,900 -- $45 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $1,975 $192,400 $23,500 $168,900
2024 $2,132 $169,200 $23,500 $145,700
2023 $2,132 $175,900 $23,500 $152,400
2022 $2,070 $170,100 $23,500 $146,600
2021 $1,752 $147,300 $23,500 $123,800
2020 $1,735 $145,600 $14,700 $130,900
2019 $1,597 $132,300 $14,700 $117,600
2018 $1,355 $114,400 $14,700 $99,700
2017 $1,054 $106,100 $14,700 $91,400
2016 $582 $80,100 $14,700 $65,400
2014 $662 $85,300 $14,700 $70,600
2013 $666 $85,300 $14,700 $70,600
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Diane Kay Welch-Ridinger

    Dropped Members

    Section Image

  • M

    Buyer's Agent in 2015

    Mike Perron

    Real Broker, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21337622

MIBOR Broker Listing Cooperative®

APN: 49-07-33-116-012.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

1502 N Drexel Ave, Indianapolis, IN

Not Listed for Sale

Detached

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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.
Based on information submitted to the MLS GRID

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