NOT LISTED FOR SALE

1519 E Michigan St Indianapolis, IN 46201

Holy Cross Neighborhood

Estimated Value: $285,000 - $338,000

1 Bed
-- Bath
560 Sq Ft
$562/Sq Ft Est. Value

Last Sold September 02, 2022

Last sale price $274,000 $489 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,072/month

9 Days on Market

Highlights

  • Bungalow
  • 1-Story Property
  • Wood Siding

About This Home

As of September 2022

Incredible opportunity to own a duplex in desirable Holy Cross! Rent both sides- location can't be beat, with incredible walkability. Or, live in one side and rent out the other- the options are endless! Both sides completely renovated, offering 1 bed/1bath per side. 2-car parking pad out back- space for each unit. Only 2 blocks to King Dough, half a mile to Midland Art & Antiques Market, just under a mile to Mass Ave/Bottleworks/The Garage, and just over a mile to Easley Winery, including easy access to the highway!

Last Agent to Sell the Property

Kristina Musielak

@properties Listed on: 07/11/2022

@properties

Last Buyer's Agent

Brandon Whitmire

Matlock Realty Group

Matlock Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,150

Year Built

  • Built in 1950

Lot Details

  • 6,403

Home Design

  • Bungalow
  • Slab Foundation
  • Wood Siding
  • Vinyl Siding

Additional Features

  • 1-Story Property
  • 6,403 Sq Ft Lot

Community Details

  • Holy Cross Subdivision

Listing and Financial Details

  • Tenant pays for notapplic
  • The owner pays for notapplic
  • Assessor Parcel Number 491006132017000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,150

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: Bungalow
  • Builder Name: M/E Renovations
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1950
  • Lot Size Acres: 0.147
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: HOLY CROSS
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: NotApplic
  • Sq Ft Main Upper: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Wood Siding, Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • List Price: 275000
  • Road Access: CityStreet
  • Roof: new

Garage/Parking

  • Unit Parking: Paved Area,2 Car Space

Utilities

  • Solid Waste: 1
  • HVAC: new

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 491006132017000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Sidewalks,Street Lights,Tree Mature
  • Lot Number: 5
  • Lot Size: 6,403

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: NotApplic

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1150
  • Semi Annual Property Tax Amt: 575
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Sep 5, 2022
Sold by
M/E Renovations Llc
Bought by
Lappin Robert and Das Maithilee
Seller's Agent
Kristina Musielak
@properties
Buyer's Agent
Brandon Whitmire
Matlock Realty Group
List Price
$275,000
Sold Price
$274,000
Premium/Discount to List
-$1,000
-0.36%
Views
6
Current Estimated Value
$314,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,759
Avg. Annual Appreciation
4.59%

Purchase Details

Closed on
Dec 13, 2021
Sold by
Jerry Zheng
Bought by
M/E Renovations Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,800
Interest Rate
3.14%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 8, 2021
Sold by
Zheng Jerry
Bought by
Me Renovations Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,800
Interest Rate
3.14%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 6, 2021
Sold by
Zheng Jerry
Bought by
M/E Renovations Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,800
Interest Rate
3.14%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 23, 2016
Closed on
Sep 2, 2016
Sold by
Lola Jane Printing Press 3 Llc
Bought by
Zheng Jerry
Seller's Agent
Amy Thomas
FS Houses LLC
Buyer's Agent
Jerry King
Red Oak Real Estate Group
List Price
$35,000
Sold Price
$15,000
Premium/Discount to List
-$20,000
-57.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.77%

Purchase Details

Closed on
Jun 15, 2016
Sold by
Matters Elizabeth and Matters Patrick T
Bought by
Lola Jane Printing Press 3 Llc
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
Lappin Robert $274,000 New Title Company Name
M/E Renovations Llc -- Drake Andrew R
Me Renovations Llc $76,800 None Available
M/E Renovations Llc -- None Listed On Document
Zheng Jerry -- Mtc
Lola Jane Printing Press 3 Llc $5,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner M/E Renovations Llc $76,800
Previous Owner Me Renovations Llc $76,800
Previous Owner M/E Renovations Llc $76,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2022 09/02/22 Sold $274,000 -0.4% $489 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $275,000 +1733.3% $491 / Sq Ft
09/02/2016 09/02/16 Sold $15,000 0.0% $13 / Sq Ft
08/18/2016 08/18/16 Pending -- -- --
08/18/2016 08/18/16 Off Market $15,000 -- --
07/26/2016 07/26/16 Price Changed $25,000 -13.8% $22 / Sq Ft
07/19/2016 07/19/16 Price Changed $29,000 -6.5% $26 / Sq Ft
07/12/2016 07/12/16 Price Changed $31,000 -3.1% $28 / Sq Ft
07/05/2016 07/05/16 Price Changed $32,000 -3.0% $29 / Sq Ft
07/01/2016 07/01/16 Price Changed $33,000 -2.9% $29 / Sq Ft
06/28/2016 06/28/16 Price Changed $34,000 -2.9% $30 / Sq Ft
06/23/2016 06/23/16 For Sale $35,000 -- $31 / 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 $4,831 $197,400 $21,600 $175,800
2023 $4,831 $199,400 $21,600 $177,800
2022 $1,979 $182,200 $21,600 $160,600
2021 $1,151 $45,600 $21,600 $24,000
2020 $725 $27,100 $21,600 $5,500
2019 $724 $26,600 $21,600 $5,000
2018 $2,142 $26,300 $21,600 $4,700
2017 $2,406 $26,000 $21,600 $4,400
2016 $629 $25,800 $21,600 $4,200
2014 $551 $25,500 $21,600 $3,900
2013 $588 $25,500 $21,600 $3,900
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kristina Musielak

    @properties

    Section Image

  • B

    Buyer's Agent in 2022

    Brandon Whitmire

    Matlock Realty Group

    Section Image

  • A

    Seller's Agent in 2016

    Amy Thomas

    FS Houses LLC

    Section Image

  • J

    Buyer's Agent in 2016

    Jerry King

    Red Oak Real Estate Group

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21867359

MIBOR Broker Listing Cooperative®

APN: 49-10-06-132-017.000-101

Indiana Marion County Indianapolis 46201 Holy Cross

1519 E Michigan St, Indianapolis, IN

This home is located at 1519 E Michigan St, Indianapolis, IN 46201 since 11 July 2022 and is currently estimated at $314,759, approximately $562 per square foot. This property was built in 1950. 1519 E Michigan 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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