$455,000
SOLD MAY 9, 2025
5 Beds
3 Baths
3,140 Sq Ft
24,394 Sq Ft Lot

Recently Sold

$145 Per Sq Ft

1% Above List Price

4 Days on Market

Highlights

  • Updated Kitchen
  • Deck
  • Wood Flooring
  • North Central High School Rated A-
  • Ranch Style House
  • No HOA

About This Home

As of May 2025

Welcome to your dream home at 1520 East 87th Street, nestled in one of the most sought-after locations on the Northside of Indianapolis. This spacious 5-bedroom, 3-bathroom all brick ranch offers an open-concept floorplan and is set on a generous half-acre lot, providing plenty of private outdoor space for relaxation and entertainment. Step inside to find a light-filled living room featuring a cozy fireplace, perfect for gathering with family and friends. For those working from home, a private office offers a quiet retreat. The home's kitchen features stainless steel appliances, granite countertops, a stylish tiled backsplash, a sitting bar, and an expansive custom pantry. Whether you're cooking a family meal or hosting a dinner party, this kitchen has it all. The large family room serves as an ideal secondary living space or in-law quarters, offering flexibility to suit your needs. The primary bedroom is a true sanctuary with vaulted ceilings, a sitting area, a massive walk-in closet, and an en-suite bath complete with a tiled shower, a soaking tub, and double vanity sinks. Bedroom two stands out with multiple closets, including a large walk-in, and an impressive upper-level loft that's perfect for a game room or a child's imagination to run wild. Enjoy the convenience of an attached garage, making coming and going a breeze. Outside, the concrete front porch and back deck offer endless possibilities for entertaining or simply unwinding after a long day. Oversized 2-car garage with extra storage space. With quick access to shopping, highways, and so much more, this home is perfectly positioned for both convenience and serenity. Come see this hard-to-find gem that truly has it all. It's more than a house; it's a place to call home. Don't miss the opportunity to make it yours.

Last Agent to Sell the Property

Drew Keller

Compass Indiana, LLC Brokerage Email: drew.keller@compass.com License #RB14044417 Listed on: 04/14/2025

Compass Indiana, LLC

Last Buyer's Agent

Chukwudi Ikechukwu

Highgarden Real Estate

Highgarden Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,260

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 0.56 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 3,140 Sq Ft Home
  • Paddle Fans
  • Wood Burning Fireplace
  • Laundry on main level

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Electric Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 490313122016000800
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,260

Year Built

Built in 1955 | Remodeled

Lot Details

0.56 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, Traditional
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1955
  • Building Area Total: 3140
  • Garage Y N: Yes
  • Lot Size Acres: 0.56
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Attribution Contact: drew.keller@compass.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Electric Water Heater, Exhaust Fan, Gas Oven, Refrigerator, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Bath Sinks Double Main, Breakfast Bar, Paddle Fan, Hardwood Floors, In-Law Arrangement, Eat-in Kitchen, Pantry, Walk-In Closet(s)
  • Living Area: 3140
  • Areas Interior: Bedroom Other on Main,Living Room Formal
  • Eating Area: Breakfast Room,Dining Combo/Kitchen,Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 3
  • Main Level Sq Ft: 3140
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Porch
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: Main Level
  • Water Source: Private
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 24393
  • Parcel Number: 490313122016000800
  • Acres: 1/2-1 Acre

Tax Info

  • Tax Annual Amount: 3260
  • Tax Lot: 17
  • Semi Annual Property Tax Amt: 1630
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2015
Closed on
May 22, 2015
Sold by
Neal Sanjiv
Bought by
Carlson Paul and Carlson Rachel
Seller's Agent
Erica Suvak
Ala Carte Realty
Buyer's Agent
Jason Whitaker
Indiana Realty Group
List Price
$239,900
Sold Price
$214,900
Premium/Discount to List
-$25,000
-10.42%
Current Estimated Value
$472,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,986
Avg. Annual Appreciation
7.55%
Original Mortgage
$211,007
Outstanding Balance
$155,138
Interest Rate
2.87%
Mortgage Type
FHA
Estimated Equity
$317,749

Purchase Details

Closed on
Oct 11, 2013
Sold by
Federal Home Loan Mortgage Corporatio
Bought by
Neal Sanjiv

Purchase Details

Closed on
Oct 9, 2013
Bought by
Neal Sanjiv

Purchase Details

Closed on
Apr 25, 2013
Sold by
Dick Sheriff and Dick Rosemary
Bought by
Federal Home Loan Mortgage Corporatio

Purchase Details

Closed on
Apr 17, 2013
Sold by
Layton John R
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 20, 2006
Sold by
Taw William G and Taw Jenny Y
Bought by
Dick Rosemary and Dick Newton T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,300
Interest Rate
6.47%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Mtc
Special Warranty Deed -- --
Sheriffs Deed $57,500 --
Sheriffs Deed -- --
Sheriffs Deed $154,000 --
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $211,007 FHA
Previous Owner $150,300 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2025 05/09/25 Sold $455,000 +1.1% $145 / Sq Ft
04/18/2025 04/18/25 Pending -- -- --
04/14/2025 04/14/25 For Sale $449,900 +109.4% $143 / Sq Ft
05/22/2015 05/22/15 Sold $214,900 0.0% $68 / Sq Ft View Prior Sale
05/19/2015 05/19/15 Pending -- -- --
04/16/2015 04/16/15 Price Changed $214,900 -6.5% $68 / Sq Ft
04/06/2015 04/06/15 Price Changed $229,899 0.0% $73 / Sq Ft
03/08/2015 03/08/15 Price Changed $229,900 -4.2% $73 / Sq Ft
02/10/2015 02/10/15 Price Changed $239,999 0.0% $76 / Sq Ft
12/31/2014 12/31/14 For Sale $239,900 -- $76 / 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
2024 $2,449 $231,100 $36,500 $194,600
2023 $2,449 $199,000 $36,500 $162,500
2022 $3,400 $195,600 $36,500 $159,100
2021 $3,002 $213,900 $36,500 $177,400
2020 $2,831 $212,200 $36,500 $175,700
2019 $2,793 $222,100 $36,500 $185,600
2018 $2,609 $212,200 $36,500 $175,700
2017 $2,655 $218,400 $36,500 $181,900
2016 $2,453 $215,200 $36,500 $178,700
2014 $2,550 $239,900 $36,500 $203,400
2013 -- $239,900 $36,500 $203,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22031056

MIBOR Broker Listing Cooperative®

APN: 49-03-13-122-016.000-800

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