NOT LISTED FOR SALE

1519 E Mills Ave Indianapolis, IN 46227

University Heights Neighborhood

Estimated Value: $86,000 - $146,000

2 Beds
1 Bath
504 Sq Ft
$243/Sq Ft Est. Value

Sale Details

Date Sold: December 7, 2016

Last sale price $61,271 $122 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $782 / mo

Highlights

  • No HOA
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Bungalow
  • Forced Air Heating System
  • Wood Siding

About This Home

As of August 2023

If you are looking for a quiet 2 bedroom home on Indy's southside look no further. This home was recently updated with new flooring, and paint throughout home. Updated cabinets and countertops, new bathroom and so much more! This home is just a walk away from University of Indianapolis and minutes away from Garfield Park. Large yard that allows the home to sit off the road. This house will not last long. Tenant is responsible for all utilities. By applying for eligible properties, Resident understands and agrees to auto-enrollment in the Utility & Maintenance Reduction Program at a cost of payable with rent as outlined. Resident Liability Insurance is required.

Last Agent to Rent the Property

Mark Jones

PMI Midwest License #RB14036355 Listed on: 08/03/2023

Last Renter's Agent

Mark Jones

PMI Midwest License #RB14036355 Listed on: 08/03/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 5,445 Sq Ft Lot

Home Design

  • Bungalow
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 504 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Vinyl Flooring
  • Fire and Smoke Detector
  • Electric Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Elders University Heights Subdivision

Listing and Financial Details

  • Security Deposit $950
  • Property Available on 8/3/23
  • Tenant pays for all utilities
  • The owner pays for no utilities
  • $55 Application Fee
  • Assessor Parcel Number 491031101001071501

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

5,445 Sq Ft Lot

Rental Info

  • Available Date: 2023-08-03
  • Lease Amount: 950
  • Tenant Pays: All Utilities
  • Min Lease Req: 12
  • Security Deposit: 950
  • Smoking: No
  • Application Fee: 55

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1940
  • Building Area Total: 504
  • Garage Y N: No
  • Lot Size Acres: 0.125
  • Subdivision Name: Elders University Heights
  • Transaction Type: Lease
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Oven, Refrigerator, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 504
  • Other Equipment: Smoke Alarm
  • Owner Pays: No Utilities
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 504
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0

Exterior Features

  • Construction Materials: Wood Siding
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No
  • Pets Allowed: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 5445
  • Parcel Number: 491031101001071501
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 1136
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 568

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2018
Sold by
Eric Gaudio Llc
Bought by
Ira Christian Busnaro
Current Estimated Value
$122,448

Purchase Details

Closed on
Jul 6, 2017
Sold by
Hinrichs Jay
Bought by
Gaudio Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 21, 2016
Closed on
Dec 7, 2016
Sold by
Fishburn David O
Bought by
Hinrichs Member Jay
Seller's Agent
Bill Bisson
Buyer's Agent
Eric Gaudio
Blue Sky Realty LLC
List Price
$40,000
Sold Price
$61,271
Premium/Discount to List
$21,271
53.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%

Purchase Details

Closed on
Jul 23, 2013
Sold by
Avalos Kirk S
Bought by
Fishburn David O

Purchase Details

Closed on
Aug 5, 2011
Sold by
Hommel Dennis V
Bought by
Avalos Kirk S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ira Christian Busnaro $62,000 --
Iplangroup $62,000 Investors Title Service
Gaudio Eric $38,000 --
Ej Rentals Llc -- Investors Title Service
Hinrichs Member Jay $61,300 --
Fishburn David O $9,000 --
Avalos Kirk S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ej Rentals Llc $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2023 08/15/23 Rented $950 0.0% --
08/03/2023 08/03/23 For Rent $950 +11.8% --
07/12/2021 07/12/21 Rented -- -- --
06/18/2021 06/18/21 Under Contract -- -- --
06/10/2021 06/10/21 For Rent $850 0.0% --
12/07/2016 12/07/16 Sold $61,271 +53.2% $122 / Sq Ft View Prior Sale
11/23/2016 11/23/16 Pending -- -- --
11/21/2016 11/21/16 For Sale $40,000 -- $79 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $1,590 $63,900 $18,200 $45,700
2024 $1,507 $67,000 $18,200 $48,800
2023 $1,507 $60,600 $18,200 $42,400
2022 $1,376 $55,400 $18,200 $37,200
2021 $1,230 $50,400 $18,200 $32,200
2020 $1,201 $49,000 $18,200 $30,800
2019 $1,109 $44,200 $13,800 $30,400
2018 $853 $33,100 $13,800 $19,300
2017 $760 $32,800 $13,800 $19,000
2016 $704 $30,900 $13,800 $17,100
2014 $615 $28,400 $13,800 $14,600
2013 $240 $28,200 $13,800 $14,400
Source: Public Records

Agents Affiliated with this Home

  • Mark Jones

    Landlord's Agent in 2023

    Mark Jones

    PMI Midwest

    (463) 207-9326

    118 Total Sales

    Mark Jones
    Section Image

  • B

    Seller's Agent in 2016

    Bill Bisson

  • E

    Buyer's Agent in 2016

    Eric Gaudio

    Blue Sky Realty LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21935994

MIBOR Broker Listing Cooperative®

APN: 49-10-31-101-001.071-501

Indiana Marion County Indianapolis 46227 University Heights

1519 E Mills Ave, Indianapolis, IN

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® 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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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