NOT LISTED FOR SALE

1531 N Olney St Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $82,000 - $178,000

2 Beds
1 Bath
1,614 Sq Ft
$90/Sq Ft Est. Value

Last Sold May 16, 2023

Last sale price $62,000 $38 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $957/month

3 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Forced Air Heating System
  • No HOA
  • Formal Dining Room
  • 1-minute walk to Brookside Park

About This Home

As of May 2023

Renovators welcome! This 3 bedroom home has tons of potential in a great location near Brookside park. Renovate to be your dream home or finish as an investment property for potential income! Don't miss this opportunity!

Last Agent to Sell the Property

Sam Barron

Barron Property Services License #RB14049720 Listed on: 04/17/2023

Co-Listed By

Angela Johnson

Barron Property Services License #RB18001444

Last Buyer's Agent

Justin Perrey

Realty One Group New Horizons

Realty One Group New Horizons

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,474

Year Built

  • Built in 1910

Lot Details

  • 36

Home Design

  • Brick Foundation
  • Aluminum Siding

Interior Spaces

  • 1.5-Story Property
  • Formal Dining Room
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Covered Patio or Porch
  • 36 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Webb Trails Brookside Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490732164006000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,474

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Two Story
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1910
  • Building Area Total: 2244
  • Co List Office Phone: 317-225-4591
  • Garage Y N: No
  • Lot Size Acres: 0.1
  • Subdivision Name: Webb Trails Brookside Park
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: sam@barronprop.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: None
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 90
  • Interior Amenities: Hardwood Floors
  • Living Area: 1614
  • Other Equipment: Not Applicable
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 804
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 720
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Aluminum Siding
  • Foundation Details: Brick
  • List Price: 49999
  • Patio And Porch Features: Covered Porch

Utilities

  • Utilities: Cable Available
  • Cooling: None
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Not In Subdivision
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 36
  • Parcel Number: 490732164006000101
  • Acres: <1/4 Acre
  • Price Acre: 620000

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1474
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 737
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2023
Closed on
May 11, 2023
Sold by
Kms Enterprises Llc
Bought by
Bsd Re Consulting Llc
Seller's Agent
Sam Barron
Barron Property Services
Buyer's Agent
Justin Perrey
Realty One Group New Horizons
List Price
$49,999
Sold Price
$62,000
Premium/Discount to List
$12,001
24%
Views
63
Current Estimated Value
$149,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,931
Avg. Annual Appreciation
42.71%

Purchase Details

Closed on
Jun 26, 2020
Sold by
Dc Capital Llc
Bought by
Kms Enterprises Llc

Purchase Details

Closed on
Jul 12, 2018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
4.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 5, 2018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 18, 2015
Sold by
Upper Class Homes Llc
Bought by
Jl Capital Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,622,000
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2014
Sold by
Marion County
Bought by
Homes Upper Class

Purchase Details

Closed on
Mar 20, 2014
Sold by
Gilonske Bob
Bought by
County Of Marion

Purchase Details

Closed on
Jan 25, 2007
Sold by
Us Bank Na
Bought by
Gilonske Bob

Purchase Details

Closed on
Dec 5, 2006
Sold by
Stephenson Lynn
Bought by
Us Bank Na

Purchase Details

Closed on
Jun 16, 2005
Sold by
E L Properties Llc
Bought by
Stephenson Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.55%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 1, 2005
Sold by
Us Bank National Assn
Bought by
E & L Properties Llc
Source: Public Records

Range of Values:

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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
Bsd Re Consulting Llc $62,000 Chicago Title
Kms Enterprises Llc $54,250 Monument Title Insurance Compa
-- $45,000 --
Dc Capital Llc $45,000 Best Title
-- $53,300 --
Limestone Equity Group Llc $53,333 Best Title Svcs
Jl Capital Holdings Llc -- Mtc
Homes Upper Class $3,500 --
Upper Class Homes $3,500 None Available
County Of Marion $5,747 None Available
Gilonske Bob -- None Available
Us Bank Na $46,500 None Available
Stephenson Lynn -- None Available
E & L Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dc Capital Llc $80,500
Previous Owner Limestone Equity Group Llc $160,000
Previous Owner Jl Capital Holdings Llc $2,622,000
Previous Owner Stephenson Lynn $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2023 05/16/23 Sold $62,000 +24.0% $38 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $49,999 -- $31 / 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 $1,905 $121,400 $5,800 $115,600
2023 $1,905 $77,400 $5,800 $71,600
2022 $3,055 $71,600 $5,800 $65,800
2021 $1,541 $63,900 $5,800 $58,100
2020 $1,404 $57,800 $2,700 $55,100
2019 $1,106 $44,100 $2,700 $41,400
2018 $1,023 $40,300 $2,700 $37,600
2017 $2,371 $38,500 $2,700 $35,800
2016 $3,281 $36,400 $2,700 $33,700
2014 $680 $33,100 $2,700 $30,400
2013 $680 $32,700 $2,700 $30,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Sam Barron

    Barron Property Services

    (317) 225-4591

    6 in this area

    22 Total Sales

    Sam Barron
    Section Image

  • A

    Seller Co-Listing Agent in 2023

    Angela Johnson

    Barron Property Services

    (317) 416-9373

    3 in this area

    23 Total Sales

    Angela Johnson
    Section Image

  • J

    Buyer's Agent in 2023

    Justin Perrey

    Realty One Group New Horizons

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21910018

MIBOR Broker Listing Cooperative®

APN: 49-07-32-164-006.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

1531 N Olney St, Indianapolis, IN

This home is located at 1531 N Olney St, Indianapolis, IN 46201 since 17 April 2023 and is currently estimated at $145,563, approximately $90 per square foot. This property was built in 1910. 1531 N Olney St 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.

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