NOT LISTED FOR SALE

1508 Kessler Boulevard Dr E Indianapolis, IN 46220

Broad Ripple Neighborhood

Estimated Value: $340,000 - $398,000

2 Beds
1 Bath
1,960 Sq Ft
$190/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $268,000 $137 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,357/month

3 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Built-in Bookshelves
  • Combination Kitchen and Dining Room

About This Home

As of January 2021

Adorable bungalow on double lot in the heart of Broad Ripple. This house is loaded with features that you’re looking for! Deep covered front porch, oversized 2 car garage with plenty of room for workshop, finished basement with French drain system and sump pump, original hardwood floors, and new AC ’20. A great mix of original 1948 character and modern updates. Spacious kitchen with updated cabinets and butcher block countertops. Walking distance to the shops and restaurants of the Broad Ripple Village and just a short walk to the Monon Trail!

Last Agent to Sell the Property

Alex Montagano

eXp Realty LLC License #RB14051484 Listed on: 11/23/2020

Last Buyer's Agent

Jace Ferris

IN-Homes Realty Solutions, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,212

Year Built

  • Built in 1948

Lot Details

  • 0.29 Acre Lot
  • Partially Fenced Property
  • Privacy Fence

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Cement Siding

Interior Spaces

  • 1,960 Sq Ft Home
  • Built-in Bookshelves
  • Window Screens
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Gas Oven
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • Northcliffe Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490706125369000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,212

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow/Shotgun, Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1948
  • Garage Y N: Yes
  • Lot Size Acres: 0.2898
  • Subdivision Name: NORTHCLIFFE
  • Inspection Warranties: Not Applicable
  • Property Description: Adorable bungalow on double lot in the heart of Broad Ripple. This house is loaded with features that you’re looking for! Deep covered front porch, oversized 2 car garage with plenty of room for workshop, finished basement with French drain system and sump pump, original hardwood floors, and new AC ’20. A great mix of original 1948 character and modern updates. Spacious kitchen with updated cabinets and butcher block countertops. Walking distance to the shops and restaurants of the Broad Ripple Village and just a short walk to the Monon Trail!
  • Transaction Type: Sale
  • Lifestyles: Other/See Remarks
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Dishwasher, Dryer, MicroHood, Gas Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Hardwood Floors, Screens Some
  • Living Area: 1960
  • Other Equipment: Smoke Detector
  • Room Count: 8
  • Areas Interior: Bedroom Other on Main,Laundry in Basement
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 980
  • Main Level Sq Ft: 980
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1960
  • Kitchen Features: Kitchen Eat In,Kitchen Updated
  • Below Grade Sq Ft: 980
  • Pct Optional Level Finished: 50-75%

Exterior Features

  • Construction Materials: Brick, Cement Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt, Fence Partial, Fence Privacy
  • Foundation Details: Block
  • List Price: 265000
  • Association Maintained Building Exterior: 0
  • Porch: Glass Enclosed Patio,Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Electric,Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Side Load Garage,Storage Area,Workshop

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490706125369000801
  • Acres: 1/4-1/2 Acre
  • Lot Information: Corner,Street Lights,Tree Mature
  • Lot Number: 0
  • Lot Size: 12,624

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 3212
  • Semi Annual Property Tax Amt: 1606
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools
  • Schools: Arsenal Technical High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
Jan 8, 2021
Sold by
Stout Brittany
Bought by
Shew Michael
Seller's Agent
Alex Montagano
eXp Realty LLC
Buyer's Agent
Jace Ferris
IN-Homes Realty Solutions, INC
List Price
$265,000
Sold Price
$268,000
Premium/Discount to List
$3,000
1.13%
Current Estimated Value
$373,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,014
Avg. Annual Appreciation
7.67%
Original Mortgage
$274,164
Outstanding Balance
$247,319
Interest Rate
2.67%
Mortgage Type
VA
Estimated Equity
$129,672

Purchase Details

Listed on
Mar 7, 2018
Closed on
Apr 27, 2018
Sold by
Timothy Timothy A and Timothy Whitteridge Poa#A201800043173
Bought by
Stout Brittany
Seller's Agent
Eric Forney
Keller Williams Indy Metro S
Buyer's Agent
Eric Forney
Keller Williams Indy Metro W
List Price
$225,000
Sold Price
$228,000
Premium/Discount to List
$3,000
1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%
Original Mortgage
$205,200
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2016
Sold by
Anderson Morvarid and Anderson Ian
Bought by
Whitteridge Timothy A and Whitteridge Jeremy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,488
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2012
Sold by
Dusty Trail Llc
Bought by
Anderson Morvarid and Anderson Ian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,792
Interest Rate
4%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 2, 2011
Sold by
Hunley Elaine E
Bought by
Dusty Trail Llc
Source: Public Records

Range of Values:

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Average Value
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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
Shew Michael $268,000 Chicago Title
Stout Brittany $228,000 --
Stout Brittany $228,000 Meridian Title Corporation
Whitteridge Timothy A -- None Available
Anderson Morvarid -- First American Title
Dusty Trail Llc $75,964 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shew Michael $274,164
Previous Owner Stout Brittany $205,200
Previous Owner Whitteridge Timothy A $190,488
Previous Owner Anderson Morvarid $160,792
Previous Owner Hunley Elaine E $160,626
Previous Owner Hunley Elaine E $5,000
Previous Owner Hunley Elaine E $20,000
Previous Owner Hunley Elaine E $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2021 01/08/21 Sold $268,000 +1.1% $137 / Sq Ft
11/27/2020 11/27/20 Pending -- -- --
11/23/2020 11/23/20 For Sale $265,000 +16.2% $135 / Sq Ft
04/27/2018 04/27/18 Sold $228,000 +1.3% $116 / Sq Ft
03/12/2018 03/12/18 Pending -- -- --
03/07/2018 03/07/18 For Sale $225,000 -- $115 / 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 $3,884 $326,900 $68,000 $258,900
2023 $3,884 $317,600 $68,000 $249,600
2022 $4,027 $297,100 $68,000 $229,100
2021 $3,654 $304,400 $57,100 $247,300
2020 $3,360 $300,600 $57,100 $243,500
2019 $3,310 $268,800 $57,100 $211,700
2018 $2,930 $237,000 $57,100 $179,900
2017 $2,520 $228,500 $57,100 $171,400
2016 $2,429 $225,100 $57,100 $168,000
2014 $2,344 $217,400 $57,100 $160,300
2013 $2,201 $205,300 $57,100 $148,200
Source: Public Records

Agents Affiliated with this Home

  • Alex Montagano

    Seller's Agent in 2021

    Alex Montagano

    eXp Realty LLC

    (219) 508-9520

    54 in this area

    807 Total Sales

    Alex Montagano
    Section Image

  • J

    Buyer's Agent in 2021

    Jace Ferris

    IN-Homes Realty Solutions, INC

    Section Image
  • Eric Forney

    Seller's Agent in 2018

    Eric Forney

    Keller Williams Indy Metro S

    (317) 537-0029

    1 in this area

    1,090 Total Sales

    Eric Forney
    Section Image

  • D

    Buyer Co-Listing Agent in 2018

    Daniel Powell

    Trueblood Real Estate

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21746038

MIBOR Broker Listing Cooperative®

APN: 49-07-06-125-369.000-801

Indiana Marion County Indianapolis 46220 Broad Ripple

1508 Kessler Boulevard Dr E, Indianapolis, IN

This home is located at 1508 Kessler Boulevard Dr E, Indianapolis, IN 46220 since 23 November 2020 and is currently estimated at $373,014, approximately $190 per square foot. This property was built in 1948. 1508 Kessler Boulevard Dr E is a home located in Marion County with nearby schools including James Whitcomb Riley School 43, 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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