NOT LISTED FOR SALE

1541 Omar Dr Indianapolis, IN 46202

Near Northside Neighborhood

Estimated Value: $421,920 - $468,000

3 Beds
4 Baths
1,710 Sq Ft
$258/Sq Ft Est. Value

Last Sold March 06, 2023

Last sale price $392,000 $229 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,913/month

117 Days on Market

Highlights

  • Traditional Architecture
  • Balcony
  • 2 Car Attached Garage
  • Engineered Wood Flooring
  • Porch
  • 2-minute walk to Frank and Judy O'Bannon Old Northside Soccer Park

About This Home

As of March 2023

Relax and enjoy low-maintenance living in this well maintained beautiful Townhome at "The Bakery". Located just steps from the Monon Trail near downtown Indy. You will love the Smart Home Technology, GE CafA stainless steel appliances, gas fireplace with floor to ceiling ceramic tile in great room, 42" Timberlake cabinets, crown molding in main living areas, engineered hardwood flooring and much more! Attached two-car garage. "The Bakery" is directly adjacent to the Frank & Judy O'Bannon Soccer Park and the Monon Trail. Live in a neighborhood filled with many breweries, distilleries, quaint coffee shops, excellent dining, as well as being a quick walk to Mass Ave and the Bottleworks Development. Schedule your private showing today!

Last Agent to Sell the Property

Randy Farrell

United Real Estate Indpls License #RB14042100 Listed on: 10/09/2022

United Real Estate Indpls

Last Buyer's Agent

Randy Farrell

United Real Estate Indpls License #RB14042100 Listed on: 10/09/2022

United Real Estate Indpls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,964

Year Built

  • Built in 2019

Lot Details

  • 1,699

HOA Fees

  • $133 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Cement Siding

Interior Spaces

  • 3-Story Property
  • Woodwork
  • Tray Ceiling
  • Fireplace With Gas Starter
  • Vinyl Clad Windows
  • Entrance Foyer
  • Great Room with Fireplace
  • Attic Access Panel

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Engineered Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Smart Locks
  • Smart Thermostat
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Electric Water Heater
  • Water Purifier

Community Details

  • Association fees include home owners, irrigation, maintenance, management, snow removal, trash
  • Association Phone (765) 742-6390
  • The Bakery Subdivision
  • Property managed by Main Street LLC
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 205
  • Assessor Parcel Number 490636101040009101

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,964

Year Built

Built in 2019

Lot Details

0

HOA Fees

$133 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 2019
  • Building Area Total: 1710
  • Garage Y N: Yes
  • Subdivision Name: The Bakery
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Accessibility Features YN: No
  • Lifestyles: Other/See Remarks
  • Unit Entry Level: 1
  • MBR_AttributionContact: rfarrell@c21scheetz.com
  • Active Open House Count: 0
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, Gas Oven, Refrigerator, Washer, MicroHood, Electric Water Heater, Water Purifier, Water Softener Owned
  • Levels: Three Or More
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter, Great Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Tray Ceiling(s), Walk-in Closet(s), Hardwood Floors, Windows Vinyl, Wood Work Painted, Breakfast Bar, Entrance Foyer, Hi-Speed Internet Availbl, Center Island, Pantry, Programmable Thermostat
  • Living Area: 1710
  • Other Equipment: Smoke Alarm
  • Areas Interior: Laundry in Unit,Utility Room
  • Eating Area: Breakfast Room,Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 342
  • Basement Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 1368
  • ResoLivingAreaSource: Builder
  • Rooms Basement: 1

Exterior Features

  • Construction Materials: Brick, Cement Siding
  • Exterior Features: Balcony, Smart Lock(s)
  • Fencing: Partial
  • Foundation Details: Slab
  • List Price: 410000
  • Patio And Porch Features: Porch Open

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Concrete, Garage Door Opener, Rear/Side Entry
  • Garage Parking Other: Guest Street Parking
  • Garage Sq Ft: 386

Utilities

  • Utilities: Gas
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Upper Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 400
  • Association Fee Frequency: Quarterly
  • Association Phone: 765-742-6390
  • Association YN: Yes
  • Management Company Name: Main Street LLC
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Ground Level

Fee Information

  • Association Fee Includes: Association Home Owners, Irrigation, Maintenance, Management, Snow Removal, Trash

Lot Info

  • Lot Features: Sidewalks
  • Property Attached Yn: No
  • Additional Parcels: No
  • Parcel Number: 490636101040009101
  • Acres: CndHPRCoop

Green Features

  • Green Certification Y N: No
  • Smart Home Features: Thermostat - WiFi

Tax Info

  • Tax Annual Amount: 7964
  • Tax Lot: 205
  • Semi Annual Property Tax Amt: 3982
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2022
Closed on
Mar 2, 2023
Sold by
Newground Holding Company Llc
Bought by
Barnes Troy
Seller's Agent
Randy Farrell
United Real Estate Indpls
Buyer's Agent
Randy Farrell
CENTURY 21 Scheetz
List Price
$420,000
Sold Price
$392,000
Premium/Discount to List
-$28,000
-6.67%
Views
50
Current Estimated Value
$440,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,730
Avg. Annual Appreciation
4.45%
Original Mortgage
$313,600
Outstanding Balance
$304,108
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$132,595

Purchase Details

Closed on
May 28, 2021
Sold by
Method Michael W and Method Jeanette Wade
Bought by
Newground Holdings Co Llc

Purchase Details

Closed on
Apr 16, 2021
Sold by
Method Michael William
Bought by
Method Michael W and Method Jeanette Wade
Source: Public Records

Range of Values:

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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
Barnes Troy $392,000 --
Newground Holdings Co Llc -- None Available
Method Michael W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnes Troy $313,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2023 03/06/23 Sold $392,000 -4.4% $229 / Sq Ft
02/05/2023 02/05/23 Pending -- -- --
12/29/2022 12/29/22 Price Changed $410,000 -2.4% $240 / Sq Ft
10/10/2022 10/10/22 For Sale $420,000 +19.0% $246 / Sq Ft
02/10/2020 02/10/20 Sold $353,000 -0.8% $206 / Sq Ft
01/11/2020 01/11/20 Pending -- -- --
12/24/2019 12/24/19 Price Changed $355,995 -0.3% $208 / Sq Ft
12/05/2019 12/05/19 Price Changed $356,995 -0.6% $209 / Sq Ft
11/14/2019 11/14/19 Price Changed $358,995 -0.3% $210 / Sq Ft
10/28/2019 10/28/19 Price Changed $359,995 -0.8% $211 / Sq Ft
08/02/2019 08/02/19 For Sale $362,995 -- $212 / 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 $4,553 $386,700 $73,700 $313,000
2023 $4,553 $375,300 $73,700 $301,600
2022 $8,731 $363,900 $73,700 $290,200
2021 $7,998 $345,200 $73,700 $271,500
2020 $5,309 $227,800 $73,700 $154,100
Source: Public Records

Agents Affiliated with this Home

  • Randy Farrell

    Seller's Agent in 2023

    Randy Farrell

    United Real Estate Indpls

    (317) 353-5766

    4 in this area

    52 Total Sales

    Randy Farrell
    Section Image
  • Mark Branch

    Seller's Agent in 2020

    Mark Branch

    Highgarden Real Estate

    (317) 403-4397

    20 in this area

    374 Total Sales

    Mark Branch
    Section Image
  • Ray Podesta

    Seller Co-Listing Agent in 2020

    Ray Podesta

    Stone & Gable Realty

    (317) 538-3226

    4 in this area

    133 Total Sales

    Ray Podesta
    Section Image

  • J

    Buyer's Agent in 2020

    Jill Thompson

    @properties

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21887255

MIBOR Broker Listing Cooperative®

APN: 49-06-36-101-040.009-101

Indiana Marion County Indianapolis 46202 Near Northside

1541 Omar Dr, Indianapolis, IN

This home is located at 1541 Omar Dr, Indianapolis, IN 46202 since 09 October 2022 and is currently estimated at $440,730, approximately $257 per square foot. This property was built in 2019. 1541 Omar Dr is a home located in Marion County with nearby schools including Washington Irving School 14, Arsenal Technical High School, and George Washington Community High School (9-12).

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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