NOT LISTED FOR SALE

1519 English Ave Indianapolis, IN 46201

Fountain Square Neighborhood

Estimated Value: $299,000 - $347,502

2 Beds
-- Bath
644 Sq Ft
$506/Sq Ft Est. Value

Last Sold April 20, 2023

Last sale price $300,000 $466 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,930/month

2 Days on Market

About This Home

As of April 2023

This fantastic duplex presents an incredible investment opportunity. Both sides have undergone a complete renovation, including the installation of new kitchens, bathrooms, and flooring. Additionally, the plumbing, electrical & HVAC systems haven been updated for optimal functionality. With its impressive features, this property would be perfect for use as an AirBnb, short-term, or long-term rental. Alternatively, you could reside in one unit while renting out the other to cover your mortgage. Conveniently located within walking distance to Fountain Square Village, shops, bars, & restaurants, this property is only a short drive away from downtown Indy. Come see it today!!!

Last Agent to Sell the Property

Alexander Elston

United Real Estate Indpls License #RB14052287 Listed on: 03/18/2023

United Real Estate Indpls

Last Buyer's Agent

Jared Cowan

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $722

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Washer and Dryer Hookup
  • Basement

Listing and Financial Details

  • Tax Lot 566
  • Assessor Parcel Number 491007112302000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$722

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Italianate
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1910
  • Lot Size Acres: 0.1
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: Elston.re@gmail.com
  • Multi Rooms: 8
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two

Exterior Features

  • Construction Materials: Vinyl Siding, Wood
  • List Price: 299000
  • Road Access: Frontage Road

Garage/Parking

  • Unit Parking: Guest Parking,On Street,Parking Lot

Utilities

  • Laundry Features: Connections All
  • Solid Waste: No

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Not Applicable
  • Additional Parcels: No
  • Current Use: Apt>20
  • Lot Size Sq Ft: 4356
  • Parcel Number: 491007112302000101
  • Zoning: Yes
  • Acres: <1/4 Acre
  • Price Acre: 3000000

Green Features

  • Green Certification Y N: No

Multi Family

  • Gross Income: 3300
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 722
  • Tax Lot: 566
  • Semi Annual Property Tax Amt: 361
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2023
Closed on
Apr 20, 2023
Sold by
Cunningham Conner
Bought by
Garnett Avery and Garnett Rodney
Seller's Agent
Alexander Elston
United Real Estate Indpls
Buyer's Agent
Jared Cowan
eXp Realty, LLC
List Price
$299,000
Sold Price
$300,000
Premium/Discount to List
$1,000
0.33%
Views
119
Current Estimated Value
$325,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,834
Avg. Annual Appreciation
3.66%
Original Mortgage
$274,725
Outstanding Balance
$267,824
Interest Rate
6.73%
Mortgage Type
FHA
Estimated Equity
$58,011

Purchase Details

Listed on
Mar 18, 2023
Closed on
Apr 17, 2023
Sold by
Cunningham Conner
Bought by
Avery Garnett and Avery Rodney Garnett
Seller's Agent
Alexander Elston
United Real Estate Indpls
Buyer's Agent
Jared Cowan
eXp Realty, LLC
List Price
$299,000
Sold Price
$300,000
Premium/Discount to List
$1,000
0.33%
Views
119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,725
Outstanding Balance
$267,824
Interest Rate
6.73%
Mortgage Type
FHA
Estimated Equity
$58,011

Purchase Details

Listed on
Jul 28, 2022
Closed on
Sep 13, 2022
Sold by
Akers Rhonda and Tanner Gordon L
Bought by
Cunningham Conner
Seller's Agent
Tyler Renick
Tyler Knows Real Estate LLC
Buyer's Agent
Alexander Elston
United Real Estate Indpls
List Price
$128,500
Sold Price
$108,500
Premium/Discount to List
-$20,000
-15.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
402.46%
Original Mortgage
$179,900
Interest Rate
4.99%
Mortgage Type
Construction
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
Garnett Avery -- Investors Title
Avery Garnett $300,000 Investors Title
Cunningham Conner -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garnett Avery $274,725
Closed Avery Garnett $274,725
Previous Owner Cunningham Conner $179,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2023 04/20/23 Sold $300,000 +0.3% $466 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
03/18/2023 03/18/23 For Sale $299,000 +175.6% $464 / Sq Ft
09/02/2022 09/02/22 Sold $108,500 -15.6% $168 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
08/06/2022 08/06/22 For Sale $128,500 0.0% $200 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $128,500 -- $200 / 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 $1,854 $294,000 $44,600 $249,400
2023 $1,854 $134,000 $44,600 $89,400
2022 $1,126 $128,000 $44,600 $83,400
2021 $838 $105,200 $44,600 $60,600
2020 $688 $92,200 $44,600 $47,600
2019 $828 $65,500 $2,900 $62,600
2018 $757 $59,500 $2,900 $56,600
2017 $623 $55,900 $2,900 $53,000
2016 $529 $51,900 $2,900 $49,000
2014 $324 $43,900 $2,900 $41,000
2013 $371 $43,900 $2,900 $41,000
Source: Public Records

Agents Affiliated with this Home

  • Alexander Elston

    Seller's Agent in 2023

    Alexander Elston

    United Real Estate Indpls

    (317) 216-8800

    11 in this area

    137 Total Sales

    Section Image

  • J

    Buyer's Agent in 2023

    Jared Cowan

    eXp Realty, LLC

    Section Image

  • T

    Seller's Agent in 2022

    Tyler Renick

    Tyler Knows Real Estate LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21911186

MIBOR Broker Listing Cooperative®

APN: 49-10-07-112-302.000-101

Indiana Marion County Indianapolis 46201 Fountain Square

1519 English Ave, Indianapolis, IN

This home is located at 1519 English Ave, Indianapolis, IN 46201 since 18 March 2023 and is currently estimated at $325,834, approximately $505 per square foot. This property was built in 1910. 1519 English Ave is a home located in Marion County with nearby schools including William McKinley School 39, Arlington Community Middle School, and Arsenal Technical High School.

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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