NOT LISTED FOR SALE

1516 E Market St Indianapolis, IN 46201

Holy Cross Neighborhood

Estimated Value: $198,000 - $315,000

3 Beds
2 Baths
2,886 Sq Ft
$92/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $168,750 $58 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,588/month

32 Days on Market

Highlights

  • Vaulted Ceiling
  • Thermal Windows
  • Woodwork
  • Formal Dining Room
  • Eat-In Kitchen
  • Walk-In Closet

About This Home

As of May 2020

Classic design-near downtown -easy bike to work-surrounded by old classics and upscale remodels. Home believed to have been remodeled around 2011. Newer roof, HVAC, windows,electrical, decorative trim, privacy fence, 3-tiled bathrooms. Laminate flooring needs some repair. Carpets have not been cleaned.General condition is good. Lots of upside on this one. All the expensive updates have been completed.

Last Agent to Sell the Property

John Logsdon

McLane Realty License #RB14027697 Listed on: 03/23/2020

Last Buyer's Agent

Eli Skinner

Fathom Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $842

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Thermal Windows
  • Vinyl Clad Windows
  • Formal Dining Room
  • Security System Leased

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Unfinished Basement

  • Sump Pump
  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • J M Ridenours 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491006182023000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$842

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts&Crafts/Craftsman
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1900
  • Garage Y N: No
  • Lot Size Acres: 0.09
  • Subdivision Name: J M RIDENOURS 2ND ADD
  • Inspection Warranties: Not Applicable
  • Property Description: Classic design-near downtown -easy bike to work-surrounded by old classics and upscale remodels. Home believed to have been remodeled around 2011. Newer roof, HVAC, windows,electrical, decorative trim, privacy fence, 3-tiled bathrooms. Laminate flooring needs some repair. Carpets have not been cleaned.General condition is good. Lots of upside on this one. All the expensive updates have been completed.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: 9 feet+Ceiling, Unfinished
  • Appliances: Dishwasher, Disposal
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Raised Ceiling(s), Walk-in Closet(s), Windows Thermal, Windows Vinyl, Wood Work Stained
  • Living Area: 2886
  • Other Equipment: Security Alarm Rented, Sump Pump
  • Room Count: 10
  • Areas Interior: Foyer Large,Living Room Formal,Laundry in Basement
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2544
  • Main Level Sq Ft: 1680
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Sitting Room,Suite,Tub Full with Separate Shower
  • Total Sq Ft: 2886
  • Kitchen Features: Kitchen Eat In
  • Below Grade Sq Ft: 342
  • Upper Level Sq Ft: 864
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Concrete Perimeter, Crawl Space
  • List Price: 174500
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch,Porch Open

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491006182023000101
  • Acres: <1/4 Acre
  • Lot Information: Corner,Street Lights,Tree Mature
  • Lot Number: 28
  • Lot Size: 36x107

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 842
  • Semi Annual Property Tax Amt: 421
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
May 29, 2020
Sold by
Onorio Frank C and Frank C Onorio Living Trust
Bought by
Tillman Michael and Tillman Chloe
Seller's Agent
John Logsdon
McLane Realty
Buyer's Agent
Eli Skinner
Fathom Realty
List Price
$225,000
Sold Price
$168,750
Premium/Discount to List
-$56,250
-25%
Current Estimated Value
$264,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,681
Avg. Annual Appreciation
9.35%
Original Mortgage
$160,312
Outstanding Balance
$143,909
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$127,164

Purchase Details

Closed on
Feb 12, 2018
Sold by
Connor T
Bought by
Frank C Onorio And Kathryn O Trustees Under T

Purchase Details

Closed on
May 16, 2012
Sold by
Wollenweber Charles T
Bought by
Onorio Connor T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,116
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 22, 2007
Sold by
Chalfant James E
Bought by
Wollenweber Charles T

Purchase Details

Closed on
Oct 31, 2006
Sold by
Real Estate Network
Bought by
Chalfant James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.4%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Tillman Michael -- Security Title Services
Frank C Onorio And Kathryn O Trustees Under T $72,900 --
Onorio Trust $72,932 Enterprise Title
Onorio Connor T -- None Available
Wollenweber Charles T -- None Available
Chalfant James E -- None Available
Real Estate Network $22,026 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tillman Michael $160,312
Previous Owner Onorio Connor T $80,116
Previous Owner Chalfant James E $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2020 05/29/20 Sold $168,750 -3.3% $58 / Sq Ft
04/25/2020 04/25/20 Pending -- -- --
04/24/2020 04/24/20 Price Changed $174,500 -0.1% $60 / Sq Ft
04/23/2020 04/23/20 Price Changed $174,750 -2.8% $61 / Sq Ft
04/16/2020 04/16/20 Price Changed $179,750 -3.7% $62 / Sq Ft
04/13/2020 04/13/20 Price Changed $186,750 -0.5% $65 / Sq Ft
04/09/2020 04/09/20 Price Changed $187,750 -1.1% $65 / Sq Ft
04/06/2020 04/06/20 Price Changed $189,750 -5.1% $66 / Sq Ft
04/01/2020 04/01/20 Price Changed $200,000 -7.0% $69 / Sq Ft
03/27/2020 03/27/20 Price Changed $215,000 -4.4% $74 / Sq Ft
03/23/2020 03/23/20 For Sale $225,000 -- $78 / 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 $2,148 $178,700 $36,400 $142,300
2023 $2,148 $178,700 $36,400 $142,300
2022 $1,863 $182,400 $36,400 $146,000
2021 $1,863 $158,000 $36,400 $121,600
2020 $990 $102,200 $20,300 $81,900
2019 $2,266 $96,000 $20,300 $75,700
2018 $906 $87,800 $20,300 $67,500
2017 $722 $83,200 $20,300 $62,900
2016 $793 $81,300 $20,300 $61,000
2014 $696 $83,100 $20,300 $62,800
2013 $632 $79,400 $20,300 $59,100
Source: Public Records

Agents Affiliated with this Home

  • John Logsdon

    Seller's Agent in 2020

    John Logsdon

    McLane Realty

    (317) 590-0854

    20 Total Sales

    John Logsdon
    Section Image

  • E

    Buyer's Agent in 2020

    Eli Skinner

    Fathom Realty

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21701894

MIBOR Broker Listing Cooperative®

APN: 49-10-06-182-023.000-101

Indiana Marion County Indianapolis 46201 Holy Cross

1516 E Market St, Indianapolis, IN

This home is located at 1516 E Market St, Indianapolis, IN 46201 since 23 March 2020 and is currently estimated at $264,431, approximately $91 per square foot. This property was built in 1900. 1516 E Market St is a home located in Marion County with nearby schools including Washington Irving School 14, Arsenal Technical High School, and George Washington Community High School No. 721.

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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