NOT LISTED FOR SALE

1533 Kappes St Unit 2 Indianapolis, IN 46221

West Indianapolis Neighborhood

Estimated Value: $93,000 - $140,000

1 Bed
1 Bath
903 Sq Ft
$123/Sq Ft Est. Value

Highlights

  • Bungalow
  • Forced Air Heating and Cooling System
  • Family or Dining Combination
  • 1-Story Property

About This Home

As of June 2018

Don't miss this wonderful opportunity to live minutes from downtown, Eli Lilly, IUPUI and all of the other great amenities downtown Indianapolis has to offer! This spacious 1 bedroom, 1 bathroom property has hardwood floors throughout the living room and dining room as well as plenty of storage space in the kitchen. Schedule your showing today before this property is leased! Rent to include lawn maintenance.

Last Agent to Rent the Property

Joel Wilmoth

Wilmoth Group License #RB14021757 Listed on: 05/02/2018

Last Renter's Agent

Joel Wilmoth

Wilmoth Group License #RB14021757 Listed on: 05/02/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 5,314 Sq Ft Lot

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 903 Sq Ft Home
  • 1-Story Property
  • Family or Dining Combination
  • Partial Basement
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

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

Community Details

  • Johnsons Belmont Park Subdivision

Listing and Financial Details

  • Security Deposit $499
  • Tenant pays for all utilities
  • The owner pays for taxes no utilities
  • Assessor Parcel Number 491115106070000101

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities
  • Lease Price: 550.00
  • Min Lease Req: 12
  • Security Deposit: 499
  • Smoking: 0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1930
  • Garage Y N: No
  • Lot Size Acres: 0.122
  • Subdivision Name: JOHNSONS BELMONT PARK
  • Property Description: Don't miss this wonderful opportunity to live minutes from downtown, Eli Lilly, IUPUI and all of the other great amenities downtown Indianapolis has to offer! This spacious 1 bedroom, 1 bathroom property has hardwood floors throughout the living room and dining room as well as plenty of storage space in the kitchen. Schedule your showing today before this property is leased! Rent to include lawn maintenance.
  • Transaction Type: Lease
  • Lifestyles: Double/Duplex
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial
  • Appliances: Range Hood,Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 903
  • Other Equipment: Smoke Detector
  • Owner Pays: Taxes,No Utilities
  • Room Count: 2
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 516
  • Main Level Sq Ft: 516
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 903
  • Below Grade Sq Ft: 387
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Condo/Co-op/Association

  • Pets Allowed: W/Approval

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491115106070000101
  • Acres: <1/4 Acre
  • Lot Number: 78
  • Lot Size: 5,314

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 718
  • Semi Annual Property Tax Amt: 359

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2021
Sold by
Phandi Tapan K
Bought by
Tk In2 Llc
Current Estimated Value
$110,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Outstanding Balance
$38,524
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$72,193

Purchase Details

Closed on
Mar 15, 2021
Sold by
Phandi Tapan K
Bought by
Tk In2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Outstanding Balance
$38,524
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$72,193

Purchase Details

Closed on
Mar 12, 2021
Sold by
Blackstar Investments Llc
Bought by
Phandi Tapan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Outstanding Balance
$38,524
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$72,193

Purchase Details

Closed on
Apr 16, 2016
Sold by
Mccormick Dean and Mccormick Jody
Bought by
Redstar Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,500
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 13, 2016
Sold by
Redstar Investments Llc
Bought by
Blackstar Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,500
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 26, 2014
Sold by
Mccormick Dean L and Mccormick Jody L
Bought by
Redstar Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5%
Mortgage Type
Seller Take Back
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
Tk In2 Llc -- None Available
Tk In2 Llc -- None Listed On Document
Phandi Tapan K -- None Listed On Document
Redstar Investments Llc $40,000 None Available
Blackstar Investments Llc -- None Available
Redstar Investments Llc $40,000 Quality Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phandi Tapan K $52,500
Previous Owner Redstar Investments Llc $425,500
Previous Owner Blackstar Investments Llc $425,500
Previous Owner Redstar Investments Llc $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2018 06/28/18 Rented $550 0.0% --
06/14/2018 06/14/18 Under Contract -- -- --
05/04/2018 05/04/18 Price Changed $550 +10.2% $1 / Sq Ft
05/02/2018 05/02/18 For Rent $499 -- --
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 $1,734 $81,400 $2,800 $78,600
2023 $1,734 $69,400 $2,800 $66,600
2022 $1,661 $71,400 $2,800 $68,600
2021 $1,658 $68,200 $2,800 $65,400
2020 $1,652 $67,800 $2,800 $65,000
2019 $1,403 $56,000 $2,800 $53,200
2018 $1,360 $53,800 $2,800 $51,000
2017 $841 $36,000 $2,800 $33,200
2016 $794 $34,600 $2,800 $31,800
2014 $441 $20,400 $2,800 $17,600
2013 $783 $24,600 $2,800 $21,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2018

    Joel Wilmoth

    Wilmoth Group

    (317) 622-5023

    2 Total Sales

    Joel Wilmoth
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21563513

MIBOR Broker Listing Cooperative®

APN: 49-11-15-106-070.000-101

Indiana Marion County Indianapolis 46221 West Indianapolis

1533 Kappes St Unit 2, Indianapolis, IN

This home is located at 1533 Kappes St Unit 2, Indianapolis, IN 46221 since 02 May 2018 and is currently priced at $110,717. This property was built in 1930. 1533 Kappes St Unit 2 is a home located in Marion County with nearby schools including Daniel Webster School 46, George Washington Community High School No. 721, 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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