NOT LISTED FOR SALE

1510 Kessler Boulevard Dr E Indianapolis, IN 46220

Broad Ripple Neighborhood

Estimated Value: $388,000 - $514,000

2 Beds
-- Bath
-- Sq Ft
8,747 Sq Ft Lot

Last Sold September 17, 2019

Last sale price $299,900

Est. 50% increase in value since last sale

Current estimated payment $3,122/month

26 Days on Market

About This Home

As of September 2019

Rare opportunity to acquire the premier package of rental duplexes in Indianapolis. The 5 properties can be purchased individually or as a package. Located in Broad Ripple, which has consistently been one of the top 3 desired locations for young professionals moving to Indianapolis. Close to the prime amenities in Broad Ripple, the units have strong rental history and low vacancy rates. Proximity to the IndyGo Red Line strengthens the desire for renters. Phase 1 travels on College Ave just steps from the properties. Property is currently leased. Preliminary title, pre-inspection & sample lease agreement are available in the supplements. 3D photo link of each unit included in listing. Sq. ft. based on best interpretation of tax assessment.

Last Agent to Sell the Property

Samuel Hawkins

F.C. Tucker Company Brokerage Email: sam@thehawkinsagency.com License #RB14023999 Listed on: 06/20/2019

F.C. Tucker Company

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,954

Year Built

  • Built in 1936

Lot Details

  • 8,747 Sq Ft Lot
  • Mature Trees
  • Additional Parcels

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector
  • Washer and Dryer Hookup
  • Basement

Utilities

  • Separate Meters

Community Details

  • Northcliffe Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance, lawncare, sewer, all utilities, water
  • The owner pays for ins hazard, insurance, taxes, trash collection, no utilities, not applic
  • Tax Lot 469/470
  • Assessor Parcel Number 490706125358000801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,954

Year Built

Built in 1936

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1936
  • Lot Size Acres: 0.2008
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: Northcliffe
  • Inspection Warranties: General,Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 149950
  • MBR_AttributionContact: sam@thehawkinsagency.com
  • Multi Rooms: 10
  • Attribution Contact: sam@thehawkinsagency.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: Ins Hazard, Insurance, Taxes, Trash Collection, No Utilities, Not Applic
  • Gross Area Sq Ft: 2568
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Foundation Details: Block
  • List Price: 309000

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Concrete
  • Unit Parking: 2 Car Garage,On Street

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Cooling: Separate Meters
  • Laundry Features: Connections All
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Sidewalks, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels Description: 490706125351000801
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 8747
  • Parcel Number: 490706125358000801
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Lawncare, Sewer, All Utilities, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6954
  • Tax Lot: 469/470
  • Semi Annual Property Tax Amt: 3477
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2020
Sold by
Stebbins Andrew
Bought by
Bcs Property Group Llc
Current Estimated Value
$451,000

Purchase Details

Listed on
Jun 20, 2019
Closed on
Sep 11, 2019
Sold by
Penny A Weed Llc
Bought by
Stebbins Andrew
Seller's Agent
Samuel Hawkins
F.C. Tucker Company
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$309,000
Sold Price
$299,900
Premium/Discount to List
-$9,100
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$224,925
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2012
Sold by
Elizabeth Mcvie Tolbert Irrevocable
Bought by
Penny A Weed 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
Bcs Property Group Llc -- None Available
Stebbins Andrew $299,900 Title Services, Llc
Penny A Weed Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stebbins Andrew $224,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2019 09/17/19 Sold $299,900 -2.9% --
07/18/2019 07/18/19 Pending -- -- --
06/21/2019 06/21/19 For Sale $309,000 -- --
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 $7,964 $330,700 $50,100 $280,600
2023 $7,964 $330,700 $50,100 $280,600
2022 $7,938 $330,700 $50,100 $280,600
2021 $7,122 $303,700 $53,700 $250,000
2020 $6,952 $295,700 $53,700 $242,000
2019 $6,917 $288,700 $53,700 $235,000
2018 $6,098 $251,300 $25,700 $225,600
2017 $4,706 $216,500 $25,700 $190,800
2016 $4,524 $212,600 $25,700 $186,900
2014 $5,848 $268,800 $23,500 $245,300
2013 $6,090 $267,200 $23,500 $243,700
Source: Public Records

Agents Affiliated with this Home

  • Samuel Hawkins

    Seller's Agent in 2019

    Samuel Hawkins

    F.C. Tucker Company

    (317) 679-9211

    8 in this area

    199 Total Sales

    Samuel Hawkins
    Section Image

  • N

    Buyer's Agent in 2019

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image

  • I

    Buyer's Agent in 2019

    IUO Non-BLC Member

    Non-BLC Office

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21645046

MIBOR Broker Listing Cooperative®

APN: 49-07-06-125-358.000-801

Indiana Marion County Indianapolis 46220 Broad Ripple

1510 Kessler Boulevard Dr E, Indianapolis, IN

This home is located at 1510 Kessler Boulevard Dr E, Indianapolis, IN 46220 since 20 June 2019 and is currently estimated at $451,000. This property was built in 1936. 1510 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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