NOT LISTED FOR SALE

1529 Sturm Ave Indianapolis, IN 46201

Holy Cross Neighborhood

Estimated Value: $544,000 - $642,188

3 Beds
2 Baths
1,218 Sq Ft
$487/Sq Ft Est. Value

Last Sold March 24, 2021

Last sale price $417,500 $343 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,093/month

7 Days on Market

About This Home

As of March 2021

Beautiful duplex located in desirable Holy Cross neighborhood near downtown. Overlooks the lovely Sturm Ave. esplanade. Both units boast 3 bedrooms, 2 full baths, and 1 private garage space. This turn key property is an excellent addition to your real estate portfolio! Both units are currently leased through July 2021 for $1600 each.

Last Agent to Sell the Property

Nicole Holstein

Dropped Members License #RB18001955 Listed on: 02/12/2021

Co-Listed By

Josh Holstein

Dropped Members

Last Buyer's Agent

Gloria Gear

Keller Williams Indy Metro W

Keller Williams Indy Metro W

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,906

Year Built

  • Built in 1900

Lot Details

  • 40 Sq Ft Lot
  • Mature Trees

Parking

  • 1 Car Garage
  • Alley Access

Home Design

  • Craftsman Architecture
  • Block Foundation
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector
  • Washer and Dryer Hookup
  • Basement

Utilities

  • Separate Meters

Community Details

  • Sturm & Kollers Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance, trash collection
  • The owner pays for ins hazard, insurance, lawncare, taxes, water
  • Tax Lot 44
  • Assessor Parcel Number 491006186049000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,906

Year Built

Built in 1900

Lot Details

40 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1900
  • Co List Office Phone: 317-734-3797
  • Lot Size Acres: 0.08
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: Sturm & Kollers
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: nicole@holsteinpropertygroup.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: Ins Hazard, Insurance, Lawncare, Taxes, Water
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Cement Siding
  • Disclosures: Not Applicable
  • Fencing: Fence Full Rear, Privacy
  • Foundation Details: Block

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Alley Access
  • Unit Parking: 2 Car Garage

Utilities

  • Utilities: Electricity Connected
  • Cooling: Separate Meters
  • Laundry Features: Connections All
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Lot Info

  • Lot Features: Access, Sidewalks, Street Lights, Mature Trees
  • Additional Parcels: No
  • Lot Size Sq Ft: 40
  • Parcel Number: 491006186049000101
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Trash Collection

Tax Info

  • Tax Annual Amount: 4906
  • Tax Lot: 44
  • Semi Annual Property Tax Amt: 2453
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Mar 23, 2021
Sold by
Ahlersmeyer Samuel J and Kinsella John Russell
Bought by
Meyer Clark
Seller's Agent
Nicole Holstein
Dropped Members
Buyer's Agent
Gloria Gear
Keller Williams Indy Metro W
List Price
$439,999
Sold Price
$417,500
Premium/Discount to List
-$22,499
-5.11%
Current Estimated Value
$593,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,229
Avg. Annual Appreciation
7.31%
Original Mortgage
$313,125
Outstanding Balance
$278,508
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$315,221

Purchase Details

Listed on
Feb 12, 2021
Closed on
Mar 19, 2021
Sold by
Ahlersmeyer Samuel J and Kinsella John Russell
Bought by
Meyer Clark
Seller's Agent
Nicole Holstein
Dropped Members
Buyer's Agent
Gloria Gear
Keller Williams Indy Metro W
List Price
$439,999
Sold Price
$417,500
Premium/Discount to List
-$22,499
-5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,125
Outstanding Balance
$278,508
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$315,221

Purchase Details

Closed on
Mar 28, 2017
Sold by
Michael B
Bought by
Samuel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,656
Interest Rate
4.1%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 12, 2011
Sold by
Fannie Mae
Bought by
Shotts Michael B

Purchase Details

Closed on
Jul 1, 2011
Sold by
Sovereign Bank
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 6, 2011
Sold by
Oberle Chad A
Bought by
Sovereign Bank

Purchase Details

Closed on
Mar 10, 2006
Sold by
Cornett Richard C
Bought by
Oberle Chad A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Meyer Clark $417,500 None Available
Meyer Clark $417,500 None Available
Meyer Clark -- None Listed On Document
Meyer Clark -- None Listed On Document
Samuel J $295,000 --
Ahlersmeyer Samuel J -- Title Service, Llc
Ahlersmeyer Samuel J -- Title Service, Llc
Samuel J $295,000 --
Ahlersmeyer Samuel J -- Title Service, Llc
Ahlersmeyer Samuel J -- Title Service, Llc
Shotts Michael B -- None Available
Shotts Michael B -- None Available
Federal National Mortgage Association -- None Available
Federal National Mortgage Association -- None Available
Sovereign Bank $107,781 None Available
Sovereign Bank $107,781 None Available
Oberle Chad A -- None Available
Shotts Michael B -- None Available
Oberle Chad A -- None Available
Shotts Michael B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyer Clark $313,125
Closed Meyer Clark $313,125
Previous Owner Ahlersmeyer Samuel J $289,656
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2021 03/24/21 Sold $417,500 -5.1% $343 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $439,999 -- $361 / 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
2025 $12,050 $489,700 $22,700 $467,000
2024 $11,811 $507,800 $22,700 $485,100
2023 $11,811 $491,300 $22,700 $468,600
2022 $11,624 $485,100 $22,700 $462,400
2021 $7,230 $428,600 $22,700 $405,900
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Nicole Holstein

    Dropped Members

    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Josh Holstein

    Dropped Members

    Section Image

  • G

    Buyer's Agent in 2021

    Gloria Gear

    Keller Williams Indy Metro W

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21764340

MIBOR Broker Listing Cooperative®

APN: 49-10-06-186-049.000-101

Indiana Marion County Indianapolis 46201 Holy Cross

1529 Sturm Ave, Indianapolis, IN

Not Listed for Sale

MultiFamily

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.
Based on information submitted to the MLS GRID

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