NOT LISTED FOR SALE

1516 E Mills Ave Indianapolis, IN 46227

University Heights Neighborhood

Estimated Value: $188,000 - $217,497

3 Beds
1.5 Baths
1,535 Sq Ft
$130/Sq Ft Est. Value

Last Sold December 20, 2016

Last sale price $95,000 $62 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,333/month

61 Days on Market

Highlights

  • Ranch Style House
  • Woodwork
  • Forced Air Heating and Cooling System
  • Double Oven
  • Shed
  • Combination Kitchen and Dining Room

About This Home

As of December 2016

FANTASTIC STARTER HOME OR INVESTMENT OPPORTUNITY IN THIS CHARMING RANCH WITHIN WALKING DISTANCE OF UNIVERSITY OF INDIANAPOLIS. THIS FOUR BEDROOM, 1.5 BATH FEATURES NEWER CARPET, HAS PLENTY OF STORAGE, INCLUDING A LARGE UTILITY ROOM OFF THE KITCHEN. OUTSIDE YOU WILL FIND A TWO CAR GARAGE, A MINI BARN FOR MORE STORAGE, A FENCED REAR YARD, A NEWER ROOF AND LOW MAINTENANCE VINYL SIDING.

Last Agent to Sell the Property

Justin Graham

Epique Inc License #RB14047312 Listed on: 08/16/2016

Epique Inc

Co-Listed By

Sarah Graham

Epique Inc License #RB15001343

Last Buyer's Agent

Katie Irk

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,092

Year Built

  • Built in 1966

Lot Details

  • 5,227

Parking

  • Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,535 Sq Ft Home
  • Woodwork
  • Aluminum Window Frames
  • Window Screens
  • Combination Kitchen and Dining Room
  • Attic Access Panel

Kitchen

  • Double Oven
  • Gas Cooktop
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

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

Additional Features

  • Shed
  • 5,227 Sq Ft Lot

Community Details

  • Elders University Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491031101001412501

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,092

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2005
  • Year Built: 1966
  • Co List Office Phone: 317-882-5900
  • Garage Y N: Yes
  • Lot Size Acres: 0.12
  • Subdivision Name: ELDERS UNIVERSITY HEIGHTS
  • Inspection Warranties: Not Applicable
  • Property Description: FANTASTIC STARTER HOME OR INVESTMENT OPPORTUNITY IN THIS CHARMING RANCH WITHIN WALKING DISTANCE OF UNIVERSITY OF INDIANAPOLIS. THIS FOUR BEDROOM, 1.5 BATH FEATURES NEWER CARPET, HAS PLENTY OF STORAGE, INCLUDING A LARGE UTILITY ROOM OFF THE KITCHEN. OUTSIDE YOU WILL FIND A TWO CAR GARAGE, A MINI BARN FOR MORE STORAGE, A FENCED REAR YARD, A NEWER ROOF AND LOW MAINTENANCE VINYL SIDING.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Gas Cooktop, Dryer, Disposal, Microwave, Double Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Screens Complete, Window Metal, Wood Work Stained
  • Living Area: 1535
  • Other Equipment: CO Detectors, Smoke Detector
  • Room Count: 6
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1535
  • Main Level Sq Ft: 1535
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Total Sq Ft: 1535
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini
  • Foundation Details: Block
  • List Price: 100000
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Patio

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Detached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491031101001412501
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Storm Sewer,Rural In Subdivision,Tree Mature
  • Lot Number: 384
  • Lot Size: 40X136

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1092
  • Semi Annual Property Tax Amt: 546
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Perry Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2016
Closed on
Dec 20, 2016
Sold by
Ott Brenda G
Bought by
Irk Brain R and Irk Katie R
Seller's Agent
Justin Graham
Epique Inc
Buyer's Agent
Katie Irk
List Price
$125,000
Sold Price
$95,000
Premium/Discount to List
-$30,000
-24%
Current Estimated Value
$199,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,624
Avg. Annual Appreciation
8.18%
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
Irk Brain R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irk Katie R $75,400
Previous Owner Ott Brenda G $54,436
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2016 12/20/16 Sold $95,000 -5.0% $62 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
10/03/2016 10/03/16 Price Changed $100,000 -13.0% $65 / Sq Ft
08/29/2016 08/29/16 Price Changed $115,000 -8.0% $75 / Sq Ft
08/16/2016 08/16/16 For Sale $125,000 -- $81 / 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 $3,347 $154,600 $18,200 $136,400
2023 $3,347 $136,600 $18,200 $118,400
2022 $2,990 $122,200 $18,200 $104,000
2021 $2,580 $107,400 $18,200 $89,200
2020 $2,501 $103,700 $18,200 $85,500
2019 $2,411 $98,000 $13,800 $84,200
2018 $2,115 $84,800 $13,800 $71,000
2017 $1,859 $83,200 $13,800 $69,400
2016 $662 $80,600 $13,800 $66,800
2014 $512 $71,000 $13,800 $57,200
2013 $509 $70,200 $13,800 $56,400
Source: Public Records

Agents Affiliated with this Home

  • Justin Graham

    Seller's Agent in 2016

    Justin Graham

    Epique Inc

    (317) 800-0950

    318 Total Sales

    Justin Graham
    Section Image
  • Sarah Graham

    Seller Co-Listing Agent in 2016

    Sarah Graham

    Epique Inc

    (317) 374-6303

    139 Total Sales

    Sarah Graham
    Section Image

  • K

    Buyer's Agent in 2016

    Katie Irk

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21436731

MIBOR Broker Listing Cooperative®

APN: 49-10-31-101-001.412-501

Indiana Marion County Indianapolis 46227 University Heights

1516 E Mills Ave, Indianapolis, IN

This home is located at 1516 E Mills Ave, Indianapolis, IN 46227 since 16 August 2016 and is currently estimated at $199,624, approximately $130 per square foot. This property was built in 1966. 1516 E Mills Ave is a home located in Marion County with nearby schools including Eleanor Skillen School No. 34, George W. Julian School No. 57, and James A. Garfield School 31.

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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