NOT LISTED FOR SALE

1509 Herschell Ave Indianapolis, IN 46202

Riverside Neighborhood

Estimated Value: $147,000 - $163,000

2 Beds
1 Bath
2,040 Sq Ft
$76/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $130,000 $64 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $955/month

1 Day on Market

Highlights

  • Covered Patio or Porch
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of December 2021

Nicely rehabbed property in up and coming riverside park area. Home has fresh paint throughout, New kitchen cabinets, new counter tops, new microwave and newly finished basement with laundry room.

Last Agent to Sell the Property

Derrick Johnson

Ladd Realty, LLC License #RB14036067 Listed on: 10/31/2021

Last Buyer's Agent

Derrick Johnson

Ladd Realty, LLC License #RB14036067 Listed on: 10/31/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,188

Year Built

  • 1930

Lot Details

  • 5,227

Interior Spaces

  • Formal Dining Room
  • Eat-In Kitchen

Additional Features

  • Covered Patio or Porch
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,188

Year Built

1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Architectural Style: Ranch
  • Directions: W 16th STREET TO Riverside Dr. Turn north to Herschel Ave. Right to property on the right.
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: NO SUBDIVISION
  • Special Features: None
  • Year Built: 1930

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, Electric Oven, Refrigerator, Washer, MicroHood
  • Has Basement: Finished
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1020
  • Main Level Sq Ft: 1020
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Eat In
  • Below Grade Sq Ft: 1020
  • Pct Optional Level Finished: 75+%
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access, Screens Some
  • Other Equipment: Smoke Detector

Exterior Features

  • Exterior Features: Fence Partial
  • Foundation Details: Concrete Perimeter
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch
  • Construction Type: Vinyl Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: Other
  • Garage Parking Other: Street Parking Only

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Solid Waste: 0
  • Water Heater: Electric
  • Sewer: Sewer Connected
  • Water Source: Public

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Curbs,Sidewalks,Storm Sewer,Street Lights
  • Lot Number: 37
  • Lot Size: 5,619

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 594
  • Tax Exemption: None
  • Tax Annual Amount: 1188
  • Tax Year: 2020

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2021
Closed on
Jan 4, 2022
Sold by
Abj Management Group Llc
Bought by
Douglas Everett T
Seller's Agent
Derrick Johnson
Ladd Realty, LLC
Buyer's Agent
Derrick Johnson
Ladd Realty, LLC
List Price
$130,000
Sold Price
$130,000
Current Estimated Value
$155,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,904
Avg. Annual Appreciation
4.74%
Original Mortgage
$123,500
Outstanding Balance
$114,977
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$39,347

Purchase Details

Listed on
Oct 31, 2021
Closed on
Dec 2, 2021
Sold by
Abj Management Group Llc
Bought by
Douglas Everett T
Seller's Agent
Derrick Johnson
Ladd Realty, LLC
Buyer's Agent
Derrick Johnson
Ladd Realty, LLC
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Outstanding Balance
$114,977
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$39,347

Purchase Details

Closed on
Dec 20, 2017
Sold by
J & K Freedom Fund Llc
Bought by
Abj Management Group Llc

Purchase Details

Closed on
Sep 9, 2017
Sold by
Marion County Board Of Commissioners
Bought by
J & K Freedom Fund Llc

Purchase Details

Closed on
Sep 8, 2017
Sold by
Marion County Auditor
Bought by
Marion County

Purchase Details

Closed on
Mar 23, 2009
Sold by
Duncan James and Spann James H
Bought by
Spann James H and Duncan James

Purchase Details

Closed on
Mar 29, 2007
Sold by
Spann James H and Spann Jalene L
Bought by
Spann James H
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
Douglas Everett T $164,255 Hall Render Killian Heath & Ly
Douglas Everett T $130,000 Hall Render Killian Heath & Ly
Abj Management Group Llc -- --
J & K Freedom Fund Llc $12,000 --
Marion County $12,000 --
Spann James H -- None Available
Spann James H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Douglas Everett T $2,000
Open Douglas Everett T $123,500
Closed Douglas Everett T $123,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $130,000 0.0% $64 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/31/2021 10/31/21 For Sale $130,000 -- $64 / 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 $1,216 $124,900 $12,600 $112,300
2023 $1,216 $118,300 $12,600 $105,700
2022 $1,363 $114,100 $12,600 $101,500
2021 $1,366 $56,700 $3,400 $53,300
2020 $1,253 $51,100 $3,400 $47,700
2019 $944 $37,100 $3,400 $33,700
2018 $1,149 $29,800 $3,400 $26,400
2017 $62 $27,300 $3,400 $23,900
2016 $1,546 $26,500 $3,400 $23,100
2014 $500 $29,600 $3,400 $26,200
2013 $506 $29,600 $3,400 $26,200
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Derrick Johnson

    Ladd Realty, LLC

    (317) 840-3847

    2 in this area

    61 Total Sales

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21822355

MIBOR Broker Listing Cooperative®

APN: 49-06-27-127-018.000-101

Indiana Marion County Indianapolis 46202 Riverside

1509 Herschell Ave, Indianapolis, IN

This home is located at 1509 Herschell Ave, Indianapolis, IN 46202 since 31 October 2021 and is currently estimated at $155,427, approximately $76 per square foot. This property was built in 1930. 1509 Herschell Ave is a home located in Marion County with nearby schools including Riverside School 44, Northwest Middle 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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