NOT LISTED FOR SALE

1525 S Reisner St Indianapolis, IN 46221

West Indianapolis Neighborhood

Estimated Value: $77,000 - $149,000

2 Beds
1 Bath
1,024 Sq Ft
$109/Sq Ft Est. Value

Last Sold June 11, 2015

Last sale price $30,000 $29 Per Sq Ft

Est. 270% increase in value since last sale

Current estimated payment $647/month

378 Days on Market

Highlights

  • Bungalow
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Shed
  • Forced Air Heating and Cooling System

About This Home

As of June 2015

Check out this money maker! Very well kept 2 bedroom, 1 bath home near downtown. Covered front porch, new 3 dimensional roof (2012). Large lot with wooden deck and off street parking. Inside features new carpet and lam. hardwoods, fresh paint, new HVAC (2012) and new H2O heater (4/14). Very nice condition. Tenant lease in place, all this home needs is a new owner.

Last Agent to Sell the Property

Fadi Masad

Listed on: 05/08/2014

Last Buyer's Agent

Fadi Masad

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $710

Year Built

  • Built in 1940

Lot Details

  • 5,227

Home Design

  • Bungalow
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,024 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector
  • Laundry on main level
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Shed
  • 5,227 Sq Ft Lot

Community Details

  • Bonds Pleasant Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491115144014000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$710

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1940
  • Garage Y N: No
  • Lot Size Acres: 0.12
  • Subdivision Name: BONDS PLEASANT ADDITION
  • Inspection Warranties: Not Applicable
  • Property Description: Check out this money maker! Very well kept 2 bedroom, 1 bath home near downtown. Covered front porch, new 3 dimensional roof (2012). Large lot with wooden deck and off street parking. Inside features new carpet and lam. hardwoods, fresh paint, new HVAC (2012) and new H2O heater (4/14). Very nice condition. Tenant lease in place, all this home needs is a new owner.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1024
  • Other Equipment: Smoke Detector
  • Room Count: 5
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 924
  • Main Level Sq Ft: 924
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: TubFull with Shower,Main Level
  • Total Sq Ft: 1024
  • Below Grade Sq Ft: 100
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Bathroom Areas: 1.0000
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini
  • Foundation Details: Block
  • List Price: 32000
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491115144014000101
  • Acres: <1/4 Acre
  • Lot Information: Not In Subdivision,Sidewalks
  • Lot Number: 13
  • Lot Size: 40x40

Tax Info

  • Tax Annual Amount: 710
  • Semi Annual Property Tax Amt: 355
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2014
Closed on
Jun 9, 2015
Sold by
Mussack Steven E
Bought by
Velazquez Acosta Jose Antonio
Seller's Agent
Fadi Masad
Buyer's Agent
Fadi Masad
List Price
$34,900
Sold Price
$30,000
Premium/Discount to List
-$4,900
-14.04%
Current Estimated Value
$111,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,131
Avg. Annual Appreciation
14.28%

Purchase Details

Closed on
Aug 26, 2008
Sold by
Monroe Bank
Bought by
Mussack Steven E

Purchase Details

Closed on
Oct 31, 2007
Sold by
Unknown Heirs & Devisees Of Michael J Si
Bought by
Monroe Bank

Purchase Details

Closed on
May 9, 2005
Sold by
Lfb Inc
Bought by
Rjs Investments Inc
Source: Public Records

Range of Values:

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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
Velazquez Acosta Jose Antonio -- First American Title Ins Co
Mussack Steven E -- First American Title Ins Co
Monroe Bank $23,382 None Available
Rjs Investments Inc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2015 06/11/15 Sold $30,000 -6.3% $29 / Sq Ft
05/22/2015 05/22/15 Pending -- -- --
03/06/2015 03/06/15 Price Changed $32,000 -8.3% $31 / Sq Ft
11/12/2014 11/12/14 For Sale $34,900 +16.3% $34 / Sq Ft
11/08/2014 11/08/14 Off Market $30,000 -- --
05/08/2014 05/08/14 For Sale $34,900 -- $34 / 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 $454 $60,700 $2,800 $57,900
2023 $454 $58,600 $2,800 $55,800
2022 $499 $60,300 $2,800 $57,500
2021 $397 $43,300 $2,800 $40,500
2020 $392 $43,100 $2,800 $40,300
2019 $341 $35,800 $2,800 $33,000
2018 $337 $34,500 $2,800 $31,700
2017 $276 $30,000 $2,800 $27,200
2016 $266 $30,100 $2,800 $27,300
2014 $595 $27,400 $2,800 $24,600
2013 $711 $29,000 $2,800 $26,200
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2015

    Fadi Masad

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21290412

MIBOR Broker Listing Cooperative®

APN: 49-11-15-144-014.000-101

Indiana Marion County Indianapolis 46221 West Indianapolis

1525 S Reisner St, Indianapolis, IN

This home is located at 1525 S Reisner St, Indianapolis, IN 46221 since 08 May 2014 and is currently estimated at $111,131, approximately $108 per square foot. This property was built in 1940. 1525 S Reisner St is a home located in Marion County with nearby schools including Daniel Webster School 46, George Washington Community High School (9-12), 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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