NOT LISTED FOR SALE

1519 N Colorado Ave Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $106,000 - $128,000

1 Bed
-- Bath
750 Sq Ft
$151/Sq Ft Est. Value

Last Sold March 10, 2017

Last sale price $41,500 $55 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $757/month

268 Days on Market

About This Home

As of March 2017

Duplex in Little Flower with 2 bedrooms and 1 bathroom on each side. 1519 unit rented at $475/month. 1517 unit is vacant and needs TLC. New roof in November 2016.

Last Agent to Sell the Property

Paul Warner

CityPlace Realty Listed on: 06/13/2016

Last Buyer's Agent

Paul Warner

CityPlace Realty Listed on: 06/13/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $924

Year Built

  • Built in 1940

Lot Details

  • 5,358

Home Design

  • Brick Exterior Construction

Additional Features

  • 1-Story Property
  • 5,358 Sq Ft Lot
  • Basement

Community Details

  • Johnsons East 10Th St Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, lawncare
  • The owner pays for water
  • Assessor Parcel Number 490733178013000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$924

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Doub-Duplx
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1940
  • Lot Size Acres: 0.123
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: JOHNSONS EAST 10TH ST
  • Inspection Warranties: Not Applicable
  • Property Description: Duplex in Little Flower with 2 bedrooms and 1 bathroom on each side. 1519 unit rented at $475/month. 1517 unit is vacant and needs TLC. New roof in November 2016.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: One, Basement
  • Owner Pays: Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 1500
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Brick, Wood
  • Disclosures: Not Applicable
  • List Price: 50000
  • Road Access: CityStreet

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1
  • HVAC: Gas furnace

Fee Information

  • Expenses: 2500

Lot Info

  • Current Use: Residential
  • Parcel Number: 490733178013000101
  • Acres: <1/4 Acre
  • Lot Information: Curbs,Sidewalks
  • Lot Number: 191
  • Lot Size: 135X40

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas, Lawncare

Multi Family

  • Net Operating Income: 3200
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 924
  • Semi Annual Property Tax Amt: 462
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2018
Sold by
Farver Jeremy
Bought by
Petersen Carol
Current Estimated Value
$113,499

Purchase Details

Listed on
Jun 13, 2016
Closed on
Mar 10, 2017
Sold by
Caleb Scott N
Bought by
Jeremy Farver
Seller's Agent
Paul Warner
CityPlace Realty
Buyer's Agent
Paul Warner
CityPlace Realty
List Price
$50,000
Sold Price
$41,500
Premium/Discount to List
-$8,500
-17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.01%

Purchase Details

Listed on
Jun 13, 2016
Closed on
Mar 9, 2017
Sold by
Sweetlife 1 Llc
Bought by
Land Trust 1594
Seller's Agent
Paul Warner
CityPlace Realty
Buyer's Agent
Paul Warner
CityPlace Realty
List Price
$50,000
Sold Price
$41,500
Premium/Discount to List
-$8,500
-17%

Purchase Details

Closed on
Mar 18, 2015
Sold by
Oceanpointe Investments Limited
Bought by
Sweetlife 1 Llc

Purchase Details

Closed on
Dec 12, 2014
Sold by
Gilliam Jeffery A and Gilliam Catherine
Bought by
Leventhal Richard
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Petersen Carol $72,000 --
C Peterson Properties Llc $72,000 Eagle Land Title
Jeremy Farver $41,500 --
Land Trust 1594 -- --
Sweetlife 1 Llc -- Mtc
Oceanpointe Investments Limited -- Mtc
Leventhal Richard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed New Hydra Asset Management Inc $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2017 03/10/17 Sold $41,500 0.0% $55 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
03/03/2017 03/03/17 Off Market $41,500 -- --
01/11/2017 01/11/17 For Sale $50,000 +20.5% $67 / Sq Ft
12/21/2016 12/21/16 Off Market $41,500 -- --
12/13/2016 12/13/16 For Sale $50,000 +20.5% $67 / Sq Ft
12/09/2016 12/09/16 Off Market $41,500 -- --
11/10/2016 11/10/16 For Sale $50,000 +20.5% $67 / Sq Ft
11/09/2016 11/09/16 Off Market $41,500 -- --
10/17/2016 10/17/16 Price Changed $50,000 -4.8% $67 / Sq Ft
06/13/2016 06/13/16 For Sale $52,500 -- $70 / 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 $1,653 $73,400 $13,100 $60,300
2023 $1,653 $65,400 $13,100 $52,300
2022 $1,592 $63,200 $13,100 $50,100
2021 $1,541 $62,500 $13,100 $49,400
2020 $1,337 $53,500 $5,000 $48,500
2019 $1,244 $48,600 $5,000 $43,600
2018 $1,089 $41,700 $5,000 $36,700
2017 $877 $36,900 $5,000 $31,900
2016 $828 $35,400 $5,000 $30,400
2014 $478 $35,900 $5,000 $30,900
2013 $878 $36,900 $5,000 $31,900
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Paul Warner

    CityPlace Realty

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21423501

MIBOR Broker Listing Cooperative®

APN: 49-07-33-178-013.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

1519 N Colorado Ave, Indianapolis, IN

This home is located at 1519 N Colorado Ave, Indianapolis, IN 46201 since 13 June 2016 and is currently estimated at $113,499, approximately $151 per square foot. This property was built in 1940. 1519 N Colorado Ave is a home located in Marion County with nearby schools including Brookside School 54, 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.

Nearby Homes