NOT LISTED FOR SALE

1505 S Reisner St Indianapolis, IN 46221

West Indianapolis Neighborhood

Estimated Value: $76,000 - $125,499

2 Beds
1 Bath
1,632 Sq Ft
$63/Sq Ft Est. Value

Last Sold February 19, 2014

Last sale price $13,000 $8 Per Sq Ft

Est. 697% increase in value since last sale

Current estimated payment $715/month

109 Days on Market

Highlights

  • Bungalow
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of February 2014

Take a look at this bungalow with over 800 sq ft of living space. With 2 bedrooms and 1 bath. It has enclosed porch & basement. Must see.

Last Agent to Sell the Property

Jenni Ruiz

J S Ruiz Realty, Inc. License #RB14031546 Listed on: 10/09/2013

Co-Listed By

Jacqueline Strong

Berkshire Hathaway Home

Last Buyer's Agent

Jim Rendaci

CENTURY 21 Scheetz

CENTURY 21 Scheetz

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,632 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Belmont Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491115144019000101

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1920
  • Garage Y N: No
  • Lot Size Acres: 0.12
  • Subdivision Name: BELMONT
  • Inspection Warranties: Not Applicable
  • Property Description: Take a look at this bungalow with over 800 sq ft of living space. With 2 bedrooms and 1 bath. It has enclosed porch & basement. Must see.
  • Transaction Type: Sale
  • Website: www.jsruizrealty.com
  • Special Features: None

Interior Features

  • Basement: No
  • Basement Type: Unfinished
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1632
  • Other Equipment: Not Applicable
  • Room Count: 5
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 816
  • Main Level Sq Ft: 816
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1632
  • Below Grade Sq Ft: 816
  • Upper Level Sq Ft: 0
  • Bathroom Areas: 1.0000
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Foundation Details: Block
  • List Price: 9900
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: Window Unit(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491115144019000101
  • Acres: <1/4 Acre
  • Lot Number: 18
  • Lot Size: 0.00 AC

Tax Info

  • Tax Annual Amount: 948
  • Semi Annual Property Tax Amt: 474
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2013
Closed on
Feb 18, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lopez Marco Antonio Martinez
Seller's Agent
Jenni Ruiz
J S Ruiz Realty, Inc.
Buyer's Agent
Jim Rendaci
CENTURY 21 Scheetz
List Price
$24,900
Sold Price
$13,000
Premium/Discount to List
-$11,900
-47.79%
Current Estimated Value
$103,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,625
Avg. Annual Appreciation
20.59%

Purchase Details

Closed on
Dec 5, 2008
Sold by
Mateo Michael and Mateo Violet
Bought by
Pele Enterprises Lp

Purchase Details

Closed on
Jan 14, 2008
Sold by
Awt Inc
Bought by
Mateo Michael and Mateo Violet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2007
Sold by
Angus Lance and Wachovia Bank Na
Bought by
Awt Inc

Purchase Details

Closed on
Dec 30, 2004
Sold by
Crawford Buel J and Crawford Mildred J
Bought by
Angus Lance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,200
Interest Rate
9.8%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Lopez Marco Antonio Martinez $13,000 Nelson & Frankenberger
Lopez Marco Antonio Martinez -- None Available
Pele Enterprises Lp -- Homequest Title Llc
Mateo Michael -- Homequest Title Llc
Awt Inc -- None Available
Angus Lance -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mateo Michael $50,000
Previous Owner Angus Lance $52,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2014 02/19/14 Sold $13,000 +31.3% $8 / Sq Ft
01/27/2014 01/27/14 Pending -- -- --
01/15/2014 01/15/14 Price Changed $9,900 -33.6% $6 / Sq Ft
12/23/2013 12/23/13 Price Changed $14,900 -25.1% $9 / Sq Ft
11/14/2013 11/14/13 Price Changed $19,900 -20.1% $12 / Sq Ft
10/09/2013 10/09/13 For Sale $24,900 -- $15 / 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 $1,806 $76,000 $2,800 $73,200
2023 $1,806 $73,200 $2,800 $70,400
2022 $1,848 $75,400 $2,800 $72,600
2021 $1,308 $53,800 $2,800 $51,000
2020 $1,207 $49,300 $2,800 $46,500
2019 $1,028 $40,800 $2,800 $38,000
2018 $999 $39,300 $2,800 $36,500
2017 $784 $34,000 $2,800 $31,200
2016 $767 $34,000 $2,800 $31,200
2014 $785 $36,300 $2,800 $33,500
2013 $949 $38,400 $2,800 $35,600
Source: Public Records

Agents Affiliated with this Home

  • Jenni Ruiz

    Seller's Agent in 2014

    Jenni Ruiz

    J S Ruiz Realty, Inc.

    (317) 466-0152

    301 Total Sales

    Jenni Ruiz
    Section Image

  • J

    Seller Co-Listing Agent in 2014

    Jacqueline Strong

    Berkshire Hathaway Home

  • J

    Buyer's Agent in 2014

    Jim Rendaci

    CENTURY 21 Scheetz

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21259975

MIBOR Broker Listing Cooperative®

APN: 49-11-15-144-019.000-101

Indiana Marion County Indianapolis 46221 West Indianapolis

1505 S Reisner St, Indianapolis, IN

This home is located at 1505 S Reisner St, Indianapolis, IN 46221 since 09 October 2013 and is currently estimated at $103,625, approximately $63 per square foot. This property was built in 1920. 1505 S Reisner St is a home located in Marion County with nearby schools including Daniel Webster School 46, George Washington Community High School (9-12), 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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