NOT LISTED FOR SALE

1502 Stamm Ave Indianapolis, IN 46240

Ravenswood Neighborhood

Estimated Value: $127,000 - $254,000

4 Beds
-- Bath
-- Sq Ft
7,850 Sq Ft Lot

Last Sold April 15, 2022

Last sale price $100,000

Est. 88% increase in value since last sale

Current estimated payment $1,304/month

196 Days on Market

About This Home

As of April 2022

Newly renovated 2 Bedroom, 1 Bath Apartment for rent close to Broad Ripple, Glendale, and Keystone at the Crossing. Unit has been fully redone with new kitchen, granite countertops, bathroom, flooring, appliances and paint. Laundry in unit. Property features a large deck, yard with mature trees and storage shed. Washington township schools and multiple parks within walking distance.

Last Agent to Sell the Property

Jackie Lovell

Artisan, REALTORS® Listed on: 09/17/2021

Last Buyer's Agent

Sami Abu Rumman

HSI Commercial & Residential Group, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,850

Home Design

  • Block Foundation
  • Stucco

Additional Features

  • 2-Story Property
  • 7,850 Sq Ft Lot

Community Details

  • Ravenswood Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for notapplic
  • Assessor Parcel Number 490325115016000800

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: Other
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1963
  • Lot Size Acres: 0.1802
  • Structure Type: Duplex
  • Subdivision Name: RAVENSWOOD
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: www.artisanrealtors.com
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: NotApplic
  • Sq Ft Main Upper: 0
  • Laundry: NoLaundry

Exterior Features

  • Construction Materials: Block, Stucco
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 159900

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490325115016000800
  • Acres: <1/4 Acre
  • Lot Information: Corner,Tree Mature
  • Lot Number: 139
  • Lot Size: A50X157

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2856
  • Semi Annual Property Tax Amt: 1428
  • Tax Exemption: None

MLS Schools

  • School District: Washington Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
May 18, 2022
Sold by
Schacke Albert J
Bought by
Ravenswood Lions Llc
Seller's Agent
Jackie Lovell
Artisan, REALTORS®
Buyer's Agent
Sami Abu Rumman
HSI Commercial & Residential Group, Inc
List Price
$169,900
Sold Price
$100,000
Premium/Discount to List
-$69,900
-41.14%
Current Estimated Value
$188,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,310
Avg. Annual Appreciation
20.78%

Purchase Details

Listed on
Sep 17, 2021
Closed on
Apr 15, 2022
Sold by
Schacke Albert J
Bought by
Ravenswood Lions Llc
Seller's Agent
Jackie Lovell
Artisan, REALTORS®
Buyer's Agent
Sami Abu Rumman
HSI Commercial & Residential Group, Inc
List Price
$169,900
Sold Price
$100,000
Premium/Discount to List
-$69,900
-41.14%
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
Ravenswood Lions Llc -- Hall Render Killian Heath & Ly
Ravenswood Lions Llc -- Hall Render Killian Heath & Ly
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ravenswood Lions Llc $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 Off Market $1,299 -- --
02/10/2025 02/10/25 Off Market -- -- --
01/15/2025 01/15/25 For Rent $1,299 0.0% --
01/15/2025 01/15/25 For Rent -- -- --
11/29/2024 11/29/24 Off Market $1,299 -- --
10/22/2024 10/22/24 For Rent $1,299 0.0% --
04/15/2022 04/15/22 Sold $100,000 -37.5% --
04/02/2022 04/02/22 Pending -- -- --
03/18/2022 03/18/22 Price Changed $159,900 -5.9% --
03/18/2022 03/18/22 For Sale $169,900 -5.6% --
02/15/2022 02/15/22 Pending -- -- --
09/17/2021 09/17/21 For Sale $179,900 -- --
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 $3,279 $114,400 $27,400 $87,000
2023 $3,279 $125,200 $27,400 $97,800
2022 $3,638 $125,200 $27,400 $97,800
2021 $3,071 $113,300 $12,300 $101,000
2020 $2,953 $114,900 $12,300 $102,600
2019 $2,782 $114,900 $12,300 $102,600
2018 $2,680 $113,100 $12,300 $100,800
2017 $2,355 $100,100 $12,300 $87,800
2016 $2,169 $98,300 $12,300 $86,000
2014 $2,096 $101,700 $12,300 $89,400
2013 $2,115 $101,700 $12,300 $89,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jackie Lovell

    Artisan, REALTORS®

    Section Image

  • S

    Buyer's Agent in 2022

    Sami Abu Rumman

    HSI Commercial & Residential Group, Inc

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21814103

MIBOR Broker Listing Cooperative®

APN: 49-03-25-115-016.000-800

Indiana Marion County Indianapolis 46240 Ravenswood

1502 Stamm Ave, Indianapolis, IN

This home is located at 1502 Stamm Ave, Indianapolis, IN 46240 since 17 September 2021 and is currently estimated at $190,293. This property was built in 1963. 1502 Stamm Ave is a home located in Marion County with nearby schools including Clearwater Elementary School, Eastwood Middle School, and North Central 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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