NOT LISTED FOR SALE

1533 Spruce St Indianapolis, IN 46203

Near Southeast Neighborhood

Estimated Value: $124,000 - $218,000

3 Beds
1 Bath
2,768 Sq Ft
$63/Sq Ft Est. Value

Last Sold April 14, 2015

Last sale price $22,200 $8 Per Sq Ft

Est. 689% increase in value since last sale

Current estimated payment $1,183/month

97 Days on Market

Highlights

  • Bungalow
  • Forced Air Heating System
  • Garage
  • 1-Story Property

About This Home

As of April 2015

Cute 3 bedroom Bungalow near Fountain Square needs a little tlc and is ready for investor to make shine once again. This home has great investment potential and would be a great addition to your portfolio. This home features a 2 car garage with a full unfinished basement for plenty of storage. This home is being sold "as-is".

Last Agent to Sell the Property

Stephen Barton

Keller Williams Indy Metro S License #RB14052302 Listed on: 12/17/2014

Keller Williams Indy Metro S

Last Buyer's Agent

Stephen Barton

Keller Williams Indy Metro S License #RB14052302 Listed on: 12/17/2014

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1918

Lot Details

  • 5,184 Sq Ft Lot

Parking

  • Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,768 Sq Ft Home
  • 1-Story Property
  • Attic Access Panel
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • Pattersons Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491018194008000101

Home Details

Home Type

Single Family

Year Built

Built in 1918

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: 1918
  • Garage Y N: Yes
  • Lot Size Acres: 0.119
  • Subdivision Name: PATTERSONS
  • Inspection Warranties: Not Applicable
  • Property Description: Cute 3 bedroom Bungalow near Fountain Square needs a little tlc and is ready for investor to make shine once again. This home has great investment potential and would be a great addition to your portfolio. This home features a 2 car garage with a full unfinished basement for plenty of storage. This home is being sold "as-is".
  • 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: 3
  • Interior Amenities: Attic Access
  • Living Area: 2768
  • Other Equipment: Not Applicable
  • Room Count: 5
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1107
  • Main Level Sq Ft: 1107
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2768
  • Below Grade Sq Ft: 1661
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Bathroom Areas: 1.0000
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Brick, Block
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 22000
  • Association Maintained Building Exterior: 0
  • Construction Stage: Resale

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Detached

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491018194008000101
  • Acres: <1/4 Acre
  • Lot Number: 22
  • Lot Size: 5184

Tax Info

  • Tax Annual Amount: 1152
  • Semi Annual Property Tax Amt: 576
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2015
Sold by
G & N Properties Llc
Bought by
Chin Joe
Current Estimated Value
$175,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,625
Outstanding Balance
$39,805
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$135,269

Purchase Details

Listed on
Dec 17, 2014
Closed on
Apr 13, 2015
Sold by
Storm M
Bought by
G & N Properties Llc
Seller's Agent
Stephen Barton
Keller Williams Indy Metro S
Buyer's Agent
Stephen Barton
Real Broker, LLC
List Price
$39,600
Sold Price
$22,200
Premium/Discount to List
-$17,400
-43.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.76%

Purchase Details

Closed on
May 22, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Storm M

Purchase Details

Closed on
May 12, 2009
Sold by
Residential Funding Company Llc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 24, 2009
Sold by
Morris Peyton R and Morris Martha
Bought by
Residential Funding Company Llc

Purchase Details

Closed on
Sep 19, 2008
Sold by
Newmarq Capital Inc
Bought by
Morris Investments M L P

Purchase Details

Closed on
Dec 29, 2007
Sold by
Morris Investments M Lp
Bought by
Newmarq Capital Llc
Source: Public Records

Range of Values:

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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
Chin Joe -- Mtc
G & N Properties Llc -- Mtc
Storm M -- None Available
Federal Home Loan Mortgage Corporation -- None Available
Residential Funding Company Llc $13,500 None Available
Morris Investments M L P -- None Available
Newmarq Capital Llc $35,182 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chin Joe $50,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2015 04/14/15 Sold $22,200 +0.9% $8 / Sq Ft
03/24/2015 03/24/15 Pending -- -- --
03/19/2015 03/19/15 Price Changed $22,000 -36.4% $8 / Sq Ft
01/09/2015 01/09/15 Price Changed $34,600 -12.6% $13 / Sq Ft
12/16/2014 12/16/14 For Sale $39,600 -- $14 / 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 $3,017 $120,600 $6,100 $114,500
2023 $3,017 $123,500 $6,100 $117,400
2022 $3,002 $123,500 $6,100 $117,400
2021 $2,530 $106,000 $6,100 $99,900
2020 $2,449 $102,200 $6,100 $96,100
2019 $2,456 $100,600 $3,200 $97,400
2018 $2,261 $91,600 $3,200 $88,400
2017 $1,894 $85,600 $3,200 $82,400
2016 $1,725 $79,400 $3,200 $76,200
2014 $1,520 $70,300 $3,200 $67,100
2013 $1,154 $55,500 $3,200 $52,300
Source: Public Records

Agents Affiliated with this Home

  • Stephen Barton

    Seller's Agent in 2015

    Stephen Barton

    Keller Williams Indy Metro S

    (317) 694-4774

    1 in this area

    26 Total Sales

    Stephen Barton
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21328725

MIBOR Broker Listing Cooperative®

APN: 49-10-18-194-008.000-101

Indiana Marion County Indianapolis 46203 Near Southeast

1533 Spruce St, Indianapolis, IN

This home is located at 1533 Spruce St, Indianapolis, IN 46203 since 17 December 2014 and is currently estimated at $175,074, approximately $63 per square foot. This property was built in 1918. 1533 Spruce St is a home located in Marion County with nearby schools including William McKinley School 39, 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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