NOT LISTED FOR SALE

1502 Shannon Ave Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $175,000 - $235,000

2 Beds
2 Baths
1,976 Sq Ft
$102/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $124,000 $63 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,268/month

28 Days on Market

Highlights

  • Cathedral Ceiling
  • 1-Story Property
  • Combination Dining and Living Room
  • Bungalow
  • Forced Air Heating and Cooling System
  • Garage

About This Home

As of July 2017

New meets old in the Little Flower Neighborhood at 1502 Shannon Ave! Renovated with care and patience, this project intended to bring modern styles and comforts to this 1920's bungalow while maintaining some of the original character through salvaged trim, doors, hardware, and hardwooda. Even though there are still some final items to be completed, schedule a showing now to make sure you have a chance to see the finished product!

Last Agent to Sell the Property

Coire Fox

Listed on: 06/08/2017

Last Buyer's Agent

Beth Rush

Snyder Strategy Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,482

Year Built

  • Built in 1925

Lot Details

  • 4,835 Sq Ft Lot

Parking

  • Garage

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,976 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Window Screens
  • Combination Dining and Living Room
  • Partial Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • Durham Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490733130035000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,482

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1925
  • Garage Y N: Yes
  • Lot Size Acres: 0.111
  • Subdivision Name: DURHAM PARK
  • Inspection Warranties: Not Applicable
  • Property Description: New meets old in the Little Flower Neighborhood at 1502 Shannon Ave! Renovated with care and patience, this project intended to bring modern styles and comforts to this 1920's bungalow while maintaining some of the original character through salvaged trim, doors, hardware, and hardwooda. Even though there are still some final items to be completed, schedule a showing now to make sure you have a chance to see the finished product!
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial
  • Appliances: Dishwasher, Disposal
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Screens Complete
  • Living Area: 1976
  • Other Equipment: Not Applicable
  • Room Count: 5
  • Areas Interior: Bath Sinks Dbl Main,Living Room - 2 Story
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 988
  • Main Level Sq Ft: 988
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Shower Stall Full,Sinks Double
  • Total Sq Ft: 1976
  • Below Grade Sq Ft: 988
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 119900
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Detached
  • Garage Parking Other: Garage Door Opener
  • Num Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490733130035000101
  • Acres: <1/4 Acre
  • Lot Information: Corner
  • Lot Number: L111
  • Lot Size: 4,835

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1482
  • Semi Annual Property Tax Amt: 741
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2017
Closed on
Jul 14, 2017
Bought by
Otterman Jessica
Seller's Agent
Coire Fox
Buyer's Agent
Beth Rush
Snyder Strategy Realty, Inc
List Price
$119,900
Sold Price
$124,000
Premium/Discount to List
$4,100
3.42%
Current Estimated Value
$200,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,632
Avg. Annual Appreciation
6.55%
Original Mortgage
$117,800
Outstanding Balance
$99,100
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$109,193

Purchase Details

Listed on
Jul 8, 2016
Closed on
Jan 18, 2017
Sold by
Us Bank National Association
Bought by
Roc Group Llc
Seller's Agent
Jenni Ruiz
J S Ruiz Realty, Inc.
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$39,900
Sold Price
$21,500
Premium/Discount to List
-$18,400
-46.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4809.91%

Purchase Details

Closed on
Dec 16, 2015
Sold by
Williamson Timothy A and Williamson Colette D
Bought by
U S Bank National Association

Purchase Details

Closed on
Sep 24, 2009
Sold by
Williamson Timothy A and Williamson Colette D
Bought by
U S Bank Na
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
Otterman Jessica $124,000 --
Otterman Jessica $124,000 Quality Title Insurance
Roc Group Llc $21,500 None Available
U S Bank National Association $32,319 None Available
U S Bank Na $51,996 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otterman Jessica $117,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2017 07/14/17 Sold $124,000 +3.4% $63 / Sq Ft
06/08/2017 06/08/17 For Sale $119,900 +457.7% $61 / Sq Ft
01/30/2017 01/30/17 Sold $21,500 -46.1% $11 / Sq Ft
12/22/2016 12/22/16 Pending -- -- --
11/17/2016 11/17/16 For Sale $39,900 +85.6% $20 / Sq Ft
10/18/2016 10/18/16 Off Market $21,500 -- --
09/07/2016 09/07/16 For Sale $39,900 +85.6% $20 / Sq Ft
08/31/2016 08/31/16 Off Market $21,500 -- --
08/09/2016 08/09/16 Price Changed $39,900 +14.3% $20 / Sq Ft
08/03/2016 08/03/16 Price Changed $34,900 -12.5% $18 / Sq Ft
07/08/2016 07/08/16 For Sale $39,900 -- $20 / 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 $2,388 $188,600 $18,800 $169,800
2023 $2,388 $196,800 $18,800 $178,000
2022 $2,315 $190,000 $18,800 $171,200
2021 $1,940 $163,000 $18,800 $144,200
2020 $1,779 $149,200 $4,600 $144,600
2019 $1,662 $137,500 $4,600 $132,900
2018 $1,435 $118,500 $4,600 $113,900
2017 $504 $73,300 $4,600 $68,700
2016 $1,514 $71,300 $4,600 $66,700
2014 $1,598 $76,800 $4,600 $72,200
2013 $1,598 $76,800 $4,600 $72,200
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Coire Fox

  • Jenni Ruiz

    Seller's Agent in 2017

    Jenni Ruiz

    J S Ruiz Realty, Inc.

    (317) 466-0152

    301 Total Sales

    Jenni Ruiz
    Section Image

  • B

    Buyer's Agent in 2017

    Beth Rush

    Snyder Strategy Realty, Inc

    Section Image

  • N

    Buyer's Agent in 2017

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image

  • I

    Buyer's Agent in 2017

    IUO Non-BLC Member

    Non-BLC Office

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21490859

MIBOR Broker Listing Cooperative®

APN: 49-07-33-130-035.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

1502 Shannon Ave, Indianapolis, IN

This home is located at 1502 Shannon Ave, Indianapolis, IN 46201 since 08 June 2017 and is currently estimated at $200,632, approximately $101 per square foot. This property was built in 1925. 1502 Shannon Ave is a home located in Marion County with nearby schools including Brookside School 54, Arlington Community Middle School, 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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