NOT LISTED FOR SALE

1503 N Park Ave Indianapolis, IN 46202

Old Northside Neighborhood

Estimated Value: $1,141,000 - $1,428,000

4 Beds
3.5 Baths
3,080 Sq Ft
$421/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $1,220,000 $396 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,312/month

2 Days on Market

Highlights

  • Contemporary Architecture
  • Engineered Wood Flooring
  • Covered patio or porch
  • Great Room with Fireplace
  • No HOA
  • 4-minute walk to Great Oak Commons

About This Home

As of March 2022

Thoughtfully designed, this gorgeous new home in the heart of the Old Northside features a striking mix of modern architectural elements & sophisticated finishes. Love to entertain? The main level features STUNNING floor-to-ceiling great room windows, and a gourmet kitchen w/waterfall island, butler's pantry, & Italian appliances. Enjoy views from multiple covered porches, including a private, covered outdoor living area w/2nd fireplace accessible from the kitchen, or the study & library retreat. A luxurious owner’s suite features a spa-like bath w/vessel tub, expansive shower & built-in closets including 2nd laundry. The lower level is home to an open gathering room, wet bar, exercise/flex room, guest room, and ample storage. A rare find!

Last Agent to Sell the Property

Erin Hundley

Compass Indiana, LLC License #RB15000126 Listed on: 01/28/2022

Compass Indiana, LLC

Co-Listed By

Christine Robbins

Compass Indiana, LLC License #RB19001575

Last Buyer's Agent

Brian Rule

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,170

Year Built

  • Built in 2021

Lot Details

  • 5,641

Parking

  • 2 Car Attached Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Woodwork
  • Gas Log Fireplace
  • Wood Frame Window
  • Great Room with Fireplace
  • 2 Fireplaces
  • Family or Dining Combination
  • Laundry on main level

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Finished Basement

  • 9 Foot Basement Ceiling Height
  • Sump Pump with Backup
  • Basement Window Egress

Home Security

  • Radon Detector
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating System
  • Dual Heating Fuel
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater

Additional Features

  • Covered patio or porch
  • 5,641 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Mcquats Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490636148004000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,170

Year Built

Built in 2021

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 2021
  • Building Area Total: 4697
  • Co List Office Phone: 317-563-5051
  • Garage Y N: Yes
  • Lot Size Acres: 0.1295
  • Subdivision Name: Mcquats
  • Inspection Warranties: Warranty Builders
  • Transaction Type: Sale
  • MBR_AttributionContact: erin.hundley@compass.com
  • Special Features: NewHome

Interior Features

  • Basement: Yes
  • Basement Type: Ceiling - 9+ feet, Finished, Egress Window(s), Sump Pump w/Backup
  • Appliances: Dishwasher, Disposal, Microwave, Gas Oven, Refrigerator, Wine Cooler, Oven, Gas Water Heater
  • Levels: Two
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1455
  • Fireplace Features: Gas Log, Great Room, Other
  • Fireplaces: 2
  • Interior Amenities: Walk-in Closet(s), Hardwood Floors, Wet Bar, Windows Wood, Wood Work Painted, Center Island, Pantry, Programmable Thermostat
  • Living Area: 3080
  • Other Equipment: Radon System, Smoke Alarm
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 1597
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 1483
  • ResoLivingAreaSource: Builder
  • Rooms Basement: 3
  • SqFt Total: 4697

Exterior Features

  • Construction Materials: Brick, Cement Siding
  • Disclosures: Not Applicable
  • Foundation Details: Concrete Perimeter, Full
  • List Price: 1200000
  • Patio And Porch Features: Covered Patio, Covered Porch
  • Construction Stage: Completed
  • New Construction: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Concrete, Garage Door Opener, Side Load Garage
  • Garage Parking Other: Finished Garage,Keyless Entry,Service Door
  • Garage Sq Ft: 594

Utilities

  • Cooling: Central Electric
  • Heating: Dual, Forced Air, Gas
  • Laundry Features: Main Level, Upper Level
  • Security Features: Carbon Monoxide Detector(s)
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Sidewalks
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 5641
  • Parcel Number: 490636148004000101
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1170
  • Tax Lot: -
  • Semi Annual Property Tax Amt: 585
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2022
Closed on
Mar 21, 2022
Sold by
Aef Homes Llc
Bought by
Greene Jamal
Seller's Agent
Erin Hundley
Compass Indiana, LLC
Buyer's Agent
Brian Rule
F.C. Tucker Company
List Price
$1,200,000
Sold Price
$1,220,000
Premium/Discount to List
$20,000
1.67%
Current Estimated Value
$1,300,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,722
Avg. Annual Appreciation
0.95%
Original Mortgage
$999,999
Outstanding Balance
$946,411
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$313,702

Purchase Details

Listed on
Jan 28, 2022
Closed on
Mar 17, 2022
Sold by
Aef Homes Llc
Bought by
Greene Jamal
Seller's Agent
Erin Hundley
Compass Indiana, LLC
Buyer's Agent
Brian Rule
F.C. Tucker Company
List Price
$1,200,000
Sold Price
$1,220,000
Premium/Discount to List
$20,000
1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Outstanding Balance
$946,411
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$313,702

Purchase Details

Listed on
Jan 28, 2022
Closed on
Mar 14, 2022
Sold by
Aef Homes Llc
Bought by
Greene Jamal
Seller's Agent
Erin Hundley
Compass Indiana, LLC
Buyer's Agent
Brian Rule
F.C. Tucker Company
List Price
$1,200,000
Sold Price
$1,220,000
Premium/Discount to List
$20,000
1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Outstanding Balance
$946,411
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$313,702

Purchase Details

Listed on
Sep 23, 2019
Closed on
Feb 27, 2020
Sold by
Golden Ratio Homes Llc
Bought by
Aef Homes Llc
Seller's Agent
Mark Zukerman
Encore Sotheby's International
Buyer's Agent
Erin Hundley
Compass Indiana, LLC
List Price
$197,500
Sold Price
$182,500
Premium/Discount to List
-$15,000
-7.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
154.95%

Purchase Details

Closed on
Sep 1, 2017
Sold by
Mather Brent Edward
Bought by
Christine Pasquinelli Member
Source: Public Records

Range of Values:

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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
Greene Jamal -- Ata National Title Group
Greene Jamal -- Ata National Title Group
Greene Jamal $1,220,000 Ata National Title Group
Aef Homes Llc $182,500 Stewart Title
Christine Pasquinelli Member $150,000 --
Golden Ratio Homes Llc $150,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greene Jamal $200,000
Open Greene Jamal $999,999
Closed Greene Jamal $999,999
Closed Greene Jamal $999,999
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $1,220,000 +1.7% $396 / Sq Ft
01/30/2022 01/30/22 Pending -- -- --
01/28/2022 01/28/22 For Sale $1,200,000 +557.5% $390 / Sq Ft
02/28/2020 02/28/20 Sold $182,500 -7.6% --
02/19/2020 02/19/20 Pending -- -- --
09/23/2019 09/23/19 For Sale $197,500 -- --
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 $14,294 $1,260,600 $104,400 $1,156,200
2023 $14,294 $1,159,200 $104,400 $1,054,800
2022 $15,409 $1,136,600 $104,400 $1,032,200
2021 $1,172 $39,500 $39,500 $0
2020 $1,170 $39,500 $39,500 $0
2019 $1,191 $39,500 $39,500 $0
2018 $1,228 $39,500 $39,500 $0
2017 $1,088 $39,500 $39,500 $0
2016 $1,032 $39,500 $39,500 $0
2014 $1,154 $39,500 $39,500 $0
2013 $1,167 $39,500 $39,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Erin Hundley

    Seller's Agent in 2022

    Erin Hundley

    Compass Indiana, LLC

    (317) 430-0866

    3 in this area

    3,289 Total Sales

    Section Image
  • Christine Robbins

    Seller Co-Listing Agent in 2022

    Christine Robbins

    Compass Indiana, LLC

    (317) 985-4698

    2 in this area

    1,258 Total Sales

    Section Image

  • B

    Buyer's Agent in 2022

    Brian Rule

    F.C. Tucker Company

    Section Image
  • Mark Zukerman

    Seller's Agent in 2020

    Mark Zukerman

    Encore Sotheby's International

    (260) 854-1212

    27 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21835451

MIBOR Broker Listing Cooperative®

APN: 49-06-36-148-004.000-101

Indiana Marion County Indianapolis 46202 Old Northside

1503 N Park Ave, Indianapolis, IN

This home is located at 1503 N Park Ave, Indianapolis, IN 46202 since 28 January 2022 and is currently estimated at $1,295,618, approximately $420 per square foot. This property was built in 2021. 1503 N Park Ave is a home located in Marion County with nearby schools including Washington Irving School 14, Arsenal Technical High School, and George Washington Community High School (9-12).

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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