NOT LISTED FOR SALE

1521 N Alabama St Unit M Indianapolis, IN 46202

Old Northside Neighborhood

Estimated Value: $325,236 - $376,000

2 Beds
2 Baths
1,515 Sq Ft
$310/mo HOA Fee

Last Sold September 27, 2016

Last sale price $317,500 $210 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,377/month

122 Days on Market

Highlights

  • Mature Trees
  • Vaulted Ceiling
  • 1 Car Detached Garage
  • Contemporary Architecture
  • Wood Flooring
  • 3-minute walk to Shawn Grove Park

About This Home

As of September 2016

Welcome home to this spacious open-concept condo located in the historic Old Northside Neighborhood! Featuring custom cabinetry, granite countertops, ceramic bath tile, slate entry, wood floors and beautiful City views. This stunning 2 bedroom, 2 bath with master en-suite is located steps from exquisite cuisine, coffee shops, entertainment and the Harrison Center for the Arts. Park your car in the attached 1-car garage and start exploring downtown Indy. A short walk or bike ride to Mass Ave.

Last Agent to Sell the Property

Jay Pearl

Elevate 317 Realty LLC License #RB14043827 Listed on: 05/23/2016

Last Buyer's Agent

Michael Miller

F.C. Tucker Company

F.C. Tucker Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,124

Year Built

  • Built in 2008

Lot Details

  • Mature Trees

HOA Fees

  • $310 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Window Screens

Kitchen

  • Gas Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot bldg 2
  • Assessor Parcel Number 490636180047000101

Community Details

Overview

  • Association fees include home owners
  • Association Phone (317) 590-3705
  • Old Northside Lofts Subdivision
  • Property managed by Old Northside Lofts, LLC

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,124

Year Built

Built in 2008

Lot Details

0

HOA Fees

$310 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 2008
  • Building Area Total: 1515
  • Garage Y N: Yes
  • Lot Size Acres: 0.0854
  • Subdivision Name: Old Northside Lofts
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Website: www.jaypearl.com
  • Floor Number: 1
  • Lifestyles: Flat
  • Unit Entry Level: 1
  • F H A Certified: No
  • MBR_AttributionContact: jay@jaypearl.com
  • Active Open House Count: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, Kitchen Exhaust, Microwave, Gas Oven, Refrigerator, Washer, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Interior Amenities: Raised Ceiling(s), Hardwood Floors, Screens Complete, Bath Sinks Double Main, Center Island, Pantry
  • Living Area: 1515
  • Other Equipment: Smoke Alarm
  • Areas Interior: Laundry in Unit
  • Eating Area: Dining Combo/Great Room,Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 74
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 1441
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 1515

Exterior Features

  • Construction Materials: Brick, Stucco
  • Disclosures: Not Applicable
  • Foundation Details: Slab

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Electric, Gas
  • Laundry Features: Laundry Closet, Main Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 310
  • Association Fee Frequency: Monthly
  • Association Phone: 317-590-3705
  • Association YN: Yes
  • Management Company Name: Old Northside Lofts, LLC
  • Condo Description Location: Ground Level,Other/See Remarks

Fee Information

  • Association Fee Includes: Association Home Owners

Lot Info

  • Lot Features: Sidewalks, Storm Sewer, Street Lights, Mature Trees
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Lot Size Sq Ft: 3720
  • Parcel Number: 490636180047000101
  • Acres: CndHPRCoop

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2124
  • Tax Lot: bldg 2
  • Semi Annual Property Tax Amt: 1062
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2016
Closed on
Sep 26, 2016
Sold by
Gorman Traci
Bought by
Cooper Michael B
Seller's Agent
Jay Pearl
Elevate 317 Realty LLC
Buyer's Agent
Michael Miller
F.C. Tucker Company
List Price
$334,000
Sold Price
$317,500
Premium/Discount to List
-$16,500
-4.94%
Current Estimated Value
$347,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,059
Avg. Annual Appreciation
0.98%
Original Mortgage
$276,750
Outstanding Balance
$221,656
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$125,903

Purchase Details

Closed on
Sep 13, 2012
Sold by
Hodson Jennifer L
Bought by
Gorman Traci

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2009
Sold by
Old Northside Lofts Llc
Bought by
Hodson Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,200
Interest Rate
5.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Cooper Michael B -- First American Title
Gorman Traci -- None Available
Hodson Jennifer L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooper Michael B $276,750
Previous Owner Gorman Traci $176,000
Previous Owner Hodson Jennifer L $171,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2016 09/27/16 Sold $317,500 0.0% $210 / Sq Ft
08/08/2016 08/08/16 Off Market $317,500 -- --
08/04/2016 08/04/16 Price Changed $324,000 -1.5% $214 / Sq Ft
07/08/2016 07/08/16 Price Changed $329,000 -1.5% $217 / Sq Ft
06/14/2016 06/14/16 Price Changed $334,000 0.0% $220 / Sq Ft
06/14/2016 06/14/16 For Sale $334,000 +5.2% $220 / Sq Ft
05/30/2016 05/30/16 Off Market $317,500 -- --
05/23/2016 05/23/16 For Sale $339,500 -- $224 / 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 $2,861 $232,500 $77,700 $154,800
2023 $2,861 $237,000 $77,700 $159,300
2022 $2,822 $232,500 $77,700 $154,800
2021 $3,214 $270,600 $77,700 $192,900
2020 $3,137 $263,300 $77,700 $185,600
2019 $3,232 $266,000 $77,700 $188,300
2018 $3,115 $254,300 $77,700 $176,600
2017 $2,733 $251,000 $77,700 $173,300
2016 $2,600 $244,100 $77,700 $166,400
2014 $2,124 $197,400 $77,700 $119,700
2013 $2,047 $197,400 $77,700 $119,700
Source: Public Records

Agents Affiliated with this Home

  • Jay Pearl

    Seller's Agent in 2016

    Jay Pearl

    Elevate 317 Realty LLC

    (317) 502-6385

    46 Total Sales

    Jay Pearl
    Section Image

  • M

    Buyer's Agent in 2016

    Michael Miller

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21419233

MIBOR Broker Listing Cooperative®

APN: 49-06-36-180-047.000-101

Indiana Marion County Indianapolis 46202 Old Northside

1521 N Alabama St Unit M, Indianapolis, IN

Not Listed for Sale

Condos

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