NOT LISTED FOR SALE

1505 S Arlington Ave Indianapolis, IN 46203

Southeast Indianapolis Neighborhood

Estimated Value: $178,000 - $232,000

3 Beds
2 Baths
2,600 Sq Ft
$79/Sq Ft Est. Value

Last Sold August 28, 2018

Last sale price $84,250 $32 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $1,438/month

24 Days on Market

Highlights

  • Ranch Style House
  • Patio
  • Garage
  • Formal Dining Room
  • Forced Air Heating and Cooling System

About This Home

As of August 2018

**ATTENTION INVESTORS!!** Stone ranch on large lot. Great opportunity to create your own equity with a little elbow grease. Large living room with stone fireplace. Bonus room off of dining room with separate entrance. Could be used as home office or mud room. Two bedrooms on main level. Basement has a ton of potential. Various finished rooms and a 2nd bath. Extra wet bar sink in basement. Egress window has been added off of the large mechanical/storage room. Concrete patio in rear. Super large detached 2+ car garage with workshop area. Warren Township schools.

Last Agent to Sell the Property

Pamela Brown

PMI Indianapolis License #RB14027637 Listed on: 07/21/2018

Last Buyer's Agent

Pamela Brown

PMI Indianapolis License #RB14027637 Listed on: 07/21/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,912

Year Built

  • Built in 1957

Lot Details

  • 0.37

Parking

  • Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Stone

Interior Spaces

  • 2,600 Sq Ft Home
  • Window Screens
  • Living Room with Fireplace
  • Formal Dining Room
  • Electric Oven

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Utilities

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

Additional Features

  • Patio
  • 0.37 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 491014105027000700

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,912

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1957
  • Garage Y N: Yes
  • Lot Size Acres: 0.367
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: **ATTENTION INVESTORS!!** Stone ranch on large lot. Great opportunity to create your own equity with a little elbow grease. Large living room with stone fireplace. Bonus room off of dining room with separate entrance. Could be used as home office or mud room. Two bedrooms on main level. Basement has a ton of potential. Various finished rooms and a 2nd bath. Extra wet bar sink in basement. Egress window has been added off of the large mechanical/storage room. Concrete patio in rear. Super large detached 2+ car garage with workshop area. Warren Township schools.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full, Egress Window(s)
  • Appliances: Electric Oven
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Screens Some
  • Living Area: 2600
  • Other Equipment: WetBar, Not Applicable
  • Room Count: 9
  • Areas Interior: Foyer Small,Laundry in Basement
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1300
  • Main Level Sq Ft: 1300
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2600
  • Below Grade Sq Ft: 1300
  • Pct Optional Level Finished: 50-75%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Stone
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Detached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,Gas Connected
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491014105027000700
  • Acres: 1/4-1/2 Acre
  • Lot Information: Not In Subdivision
  • Lot Number: 96
  • Lot Size: 15,987

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1912
  • Semi Annual Property Tax Amt: 956
  • Tax Exemption: VeteranTaxExemption

MLS Schools

  • School District: Warren Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2018
Closed on
Aug 28, 2018
Sold by
Redevelop Indy Llc
Bought by
Kevin Montgomery
Seller's Agent
Pamela Brown
PMI Indianapolis
Buyer's Agent
Pamela Brown
PMI Indianapolis
List Price
$95,000
Sold Price
$84,250
Premium/Discount to List
-$10,750
-11.32%
Current Estimated Value
$205,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,042
Avg. Annual Appreciation
13.33%

Purchase Details

Listed on
Jul 21, 2018
Closed on
Jul 10, 2018
Sold by
Hamilton Wilard G and Hamilton Cynthia K
Bought by
Redevelop Indy Llc
Seller's Agent
Pamela Brown
PMI Indianapolis
Buyer's Agent
Pamela Brown
PMI Indianapolis
List Price
$95,000
Sold Price
$84,250
Premium/Discount to List
-$10,750
-11.32%
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
Kevin Montgomery $75,300 --
Montgomery Kevin $75,250 Hocker And Associates
Redevelop Indy Llc $74,000 Hocker And Associates
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2018 08/28/18 Sold $84,250 -6.3% $32 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
08/04/2018 08/04/18 Price Changed $89,900 -5.4% $35 / Sq Ft
07/21/2018 07/21/18 For Sale $95,000 -- $37 / 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 $4,233 $176,200 $16,900 $159,300
2023 $4,233 $176,200 $16,900 $159,300
2022 $3,345 $144,000 $16,900 $127,100
2021 $2,833 $120,700 $16,900 $103,800
2020 $2,987 $127,700 $16,900 $110,800
2019 $2,982 $127,600 $20,400 $107,200
2018 $2,058 $101,500 $20,400 $81,100
2017 $1,725 $92,900 $20,400 $72,500
2016 $2,060 $100,800 $20,400 $80,400
2014 $1,956 $97,800 $20,400 $77,400
2013 $432 $97,800 $20,400 $77,400
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2018

    Pamela Brown

    PMI Indianapolis

    (317) 690-3824

    157 Total Sales

    Pamela Brown
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21583299

MIBOR Broker Listing Cooperative®

APN: 49-10-14-105-027.000-700

Indiana Marion County Indianapolis 46203 Southeast Indianapolis

1505 S Arlington Ave, Indianapolis, IN

This home is located at 1505 S Arlington Ave, Indianapolis, IN 46203 since 21 July 2018 and is currently estimated at $205,292, approximately $78 per square foot. This property was built in 1957. 1505 S Arlington Ave is a home located in Marion County with nearby schools including Lowell Elementary School, Raymond Park Intermediate School (5-6), and Raymond Park Middle 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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