NOT LISTED FOR SALE

1509 N Colorado Ave Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $123,000 - $166,000

3 Beds
1 Bath
1,292 Sq Ft
$114/Sq Ft Est. Value

Last Sold December 14, 2017

Last sale price $23,000 $18 Per Sq Ft

Est. 541% increase in value since last sale

Current estimated payment $995/month

About This Home

As of February 2021

Single-Family home on Indy's westside! Near all the Brookside Parks, Scecina High School, Kroger and much more! This home features old-fashion hardwood floors throughout the home that emits a vintage ambiance. Upgraded bathroom, washer and dryer hookup, spacious bedrooms and a classic kitchen with an electric top stove and refrigerator included with ample space to fufill your cooking needs! Ready to rent! Schedule a viewing today and come see this beautiful home for yourself!

Last Agent to Rent the Property

John Stainbrook

Alpine Leasing License #RB16000995 Listed on: 02/05/2021

Last Renter's Agent

John Stainbrook

Alpine Leasing License #RB16000995 Listed on: 02/05/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 5,401 Sq Ft Lot

Interior Spaces

  • 1,292 Sq Ft Home
  • 1-Story Property
  • Window Screens
  • Electric Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • Johnsons East 10Th St Subdivision

Listing and Financial Details

  • Security Deposit $450
  • Tenant pays for all utilities
  • The owner pays for no utilities
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 490733178015000101

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: All Utilities
  • Lease Price: 795.00
  • Min Lease Req: 12
  • Security Deposit: 450

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1954
  • Garage Y N: No
  • Lot Size Acres: 0.124
  • Subdivision Name: JOHNSONS EAST 10TH ST
  • Property Description: Single-Family home on Indy's westside! Near all the Brookside Parks, Scecina High School, Kroger and much more! This home features old-fashion hardwood floors throughout the home that emits a vintage ambiance. Upgraded bathroom, washer and dryer hookup, spacious bedrooms and a classic kitchen with an electric top stove and refrigerator included with ample space to fufill your cooking needs! Ready to rent! Schedule a viewing today and come see this beautiful home for yourself!
  • Transaction Type: Lease
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Screens Some
  • Living Area: 1292
  • Other Equipment: Not Applicable
  • Owner Pays: No Utilities
  • Room Count: 2
  • Eating Area: None
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1292
  • Main Level Sq Ft: 1292
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1292

Exterior Features

  • Construction Materials: Other
  • Disclosures: Not Applicable
  • Foundation Details: Other
  • List Price: 795
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Electric,Gas
  • Garage Parking Description: None
  • Garage Sq Ft: 528

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: W/Approval

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490733178015000101
  • Acres: <1/4 Acre
  • Lot Number: 193
  • Lot Size: 5,401

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1608
  • Semi Annual Property Tax Amt: 804

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2024
Sold by
Cornwall Expeditions Llc
Bought by
Fk Colorado Llc
Current Estimated Value
$147,401

Purchase Details

Closed on
Apr 1, 2024
Sold by
Oyanagi Megumi
Bought by
Cornwall Expeditions Llc

Purchase Details

Closed on
Jul 18, 2018
Bought by
Megumi Oyanagi

Purchase Details

Listed on
Dec 4, 2017
Closed on
Dec 14, 2017
Sold by
Hapi Properties Llc
Bought by
Silversun Indiana Jv 1 Llc
Seller's Agent
Joseph Cirillo
Priority One Realty
Buyer's Agent
Joseph Cirillo
Priority One Realty
List Price
$35,000
Sold Price
$23,000
Premium/Discount to List
-$12,000
-34.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.57%

Purchase Details

Closed on
May 1, 2007
Sold by
Priority One Llc
Bought by
Cirillo Joseph W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2006
Sold by
Reo Management 2002 Inc
Bought by
Priority One Llc

Purchase Details

Closed on
Aug 22, 2006
Sold by
Ortiz Manuel R and Ortiz Manuel
Bought by
Reo Management 2002 Inc
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
Fk Colorado Llc -- None Listed On Document
Fk Colorado Llc $132,500 None Listed On Document
Cornwall Expeditions Llc $76,000 None Listed On Document
Megumi Oyanagi $81,400 --
Oyanagi Megumi $81,400 Monument Title Insurance Compa
Silversun Indiana Jv 1 Llc $23,000 Hocker And Associates
Hapi Properties Llc $23,000 Hocker And Associates
Cirillo Joseph W -- None Available
Priority One Llc -- None Available
Reo Management 2002 Inc $57,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cirillo Joseph W $57,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Rented $775 -2.5% --
02/05/2021 02/05/21 For Rent $795 0.0% --
12/14/2017 12/14/17 Sold $23,000 -34.3% $18 / Sq Ft
12/04/2017 12/04/17 For Sale $35,000 -- $27 / 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 $2,287 $89,900 $13,100 $76,800
2023 $2,287 $93,500 $13,100 $80,400
2022 $2,202 $90,400 $13,100 $77,300
2021 $1,868 $78,100 $13,100 $65,000
2020 $1,741 $75,200 $5,000 $70,200
2019 $1,608 $68,100 $5,000 $63,100
2018 $1,454 $58,400 $5,000 $53,400
2017 $1,215 $54,300 $5,000 $49,300
2016 $1,197 $51,800 $5,000 $46,800
2014 $1,202 $55,800 $5,000 $50,800
2013 $1,158 $55,800 $5,000 $50,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2021

    John Stainbrook

    Alpine Leasing

    (317) 500-2248

    1 Total Sale

    John Stainbrook
    Section Image

  • J

    Seller's Agent in 2017

    Joseph Cirillo

    Priority One Realty

    (317) 724-5518

    5 in this area

    63 Total Sales

    Joseph Cirillo
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21764894

MIBOR Broker Listing Cooperative®

APN: 49-07-33-178-015.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

1509 N Colorado Ave, Indianapolis, IN

This home is located at 1509 N Colorado Ave, Indianapolis, IN 46201 since 05 February 2021 and is currently priced at $147,401. This property was built in 1954. 1509 N Colorado Ave is a home located in Marion County with nearby schools including Brookside School 54, Arlington Community Middle School, 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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