NOT LISTED FOR SALE

1548 Fletcher Ave Indianapolis, IN 46203

Fountain Square Neighborhood

Estimated Value: $609,258 - $659,000

3 Beds
3.5 Baths
1,990 Sq Ft
$319/Sq Ft Est. Value

Last Sold July 08, 2020

Last sale price $435,000 $219 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,044/month

72 Days on Market

Highlights

  • Guest House
  • Woodwork
  • Family or Dining Combination
  • 2 Car Detached Garage
  • Walk-In Closet
  • 2-minute walk to Stacy Park

About This Home

As of July 2020

FOUNTAIN SQUARE BEAUTY: All the dynamic amenities and style of a brand-new home without sacrificing functionality! This beautifully designed home features an open floor plan, a dynamic master complete w/ en suite and private balcony, top appliance package, high efficiency furnace, walk-in pantry, main floor bedroom, each bedroom has its own attached full bath, and an additional balcony. Carriage house has been pre-fabbed w/ electrical and plumbing. Seller willing to finish out space w/ strong offer! Just a short walk to all the venues in Fountain Square and Fletcher Place, like Bluebeard, Milktooth, Hotel Tango, The Hi-Fi, LaMargherita, and so many more! Easy access to I-65/I-70 and a 10 minute bike ride to Monument Circle.

Last Agent to Sell the Property

Spencer Ruark

@properties Listed on: 03/25/2020

@properties

Last Buyer's Agent

Kelly Lavengood

Good Living Indy, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,414

Year Built

  • Built in 2019

Lot Details

  • 3,746 Sq Ft Lot
  • Privacy Fence
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vinyl Clad Windows
  • Family or Dining Combination
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Convection Oven
  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Additional Homes

  • Guest House

Utilities

  • SEER Rated 16+ Air Conditioning Units
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Fountain Square Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491007112138000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,414

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Multi-Level
  • Property Type: Residential
  • New Construction: Yes
  • Tax Year: 2019
  • Year Built: 2019
  • Garage Y N: Yes
  • Lot Size Acres: 0.086
  • Subdivision Name: FOUNTAIN SQUARE
  • Inspection Warranties: Not Applicable
  • Property Description: FOUNTAIN SQUARE BEAUTY: All the dynamic amenities and style of a brand-new home without sacrificing functionality! This beautifully designed home features an open floor plan, a dynamic master complete w/ en suite and private balcony, top appliance package, high efficiency furnace, walk-in pantry, main floor bedroom, each bedroom has its own attached full bath, and an additional balcony. Carriage house has been pre-fabbed w/ electrical and plumbing. Seller willing to finish out space w/ strong offer! Just a short walk to all the venues in Fountain Square and Fletcher Place, like Bluebeard, Milktooth, Hotel Tango, The Hi-Fi, LaMargherita, and so many more! Easy access to I-65/I-70 and a 10 minute bike ride to Monument Circle.
  • Transaction Type: Sale
  • Special Features: NewHome

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, Microwave, Electric Oven, Convection Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Walk-in Closet(s), Windows Vinyl, Wood Work Painted
  • Living Area: 1990
  • Other Equipment: Smoke Detector
  • Room Count: 6
  • Areas Interior: Bedroom Other on Main,Laundry Room Upstairs,Utility Room
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1990
  • Main Level Sq Ft: 1020
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Deck,Shower Stall Full,Sinks Double,Suite
  • Total Sq Ft: 1990
  • Kitchen Features: Breakfast Bar,Pantry WalkIn
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 970

Exterior Features

  • Construction Materials: Cement Siding
  • Disclosures: Not Applicable
  • Exterior Features: Carriage/Guest House, Fence Full Rear, Fence Privacy
  • Foundation Details: Block
  • List Price: 459000
  • Association Maintained Building Exterior: 0
  • Construction Stage: Completed
  • Porch: Balcony,Deck Main Level

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Detached
  • Garage Sq Ft: 484

Utilities

  • Sewer: Sewer Connected
  • Cooling: High Efficiency (SEER 16 +)
  • Heating: High Efficiency (90%+ AFUE )
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491007112138000101
  • Acres: <1/4 Acre
  • Lot Number: 450
  • Lot Size: 3,746

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1414
  • Semi Annual Property Tax Amt: 707
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2020
Closed on
Jul 8, 2020
Sold by
Smith Charles R
Bought by
Forrer Adam and Griswold Jessica A
Seller's Agent
Spencer Ruark
@properties
Buyer's Agent
Kelly Lavengood
Good Living Indy, LLC
List Price
$469,900
Sold Price
$435,000
Premium/Discount to List
-$34,900
-7.43%
Current Estimated Value
$635,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,065
Avg. Annual Appreciation
6.28%
Original Mortgage
$421,950
Outstanding Balance
$378,945
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$216,440
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
Forrer Adam $435,000 First American Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forrer Adam $421,950
Previous Owner Smith Charles R $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2020 07/08/20 Sold $435,000 -5.2% $219 / Sq Ft
06/06/2020 06/06/20 Pending -- -- --
05/13/2020 05/13/20 Price Changed $459,000 -1.7% $231 / Sq Ft
05/07/2020 05/07/20 Price Changed $466,900 -0.2% $235 / Sq Ft
04/23/2020 04/23/20 Price Changed $467,900 -0.2% $235 / Sq Ft
04/09/2020 04/09/20 Price Changed $468,900 -0.2% $236 / Sq Ft
03/25/2020 03/25/20 For Sale $469,900 -- $236 / 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 $7,337 $575,900 $38,300 $537,600
2023 $7,337 $559,900 $38,300 $521,600
2022 $7,071 $535,600 $38,300 $497,300
2021 $6,184 $485,300 $38,300 $447,000
2020 $5,443 $426,100 $38,300 $387,800
2019 $1,415 $59,700 $2,500 $57,200
2018 $78 $2,500 $2,500 $0
2017 $69 $2,500 $2,500 $0
2016 $65 $2,500 $2,500 $0
2014 $73 $2,500 $2,500 $0
2013 $74 $2,500 $2,500 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Spencer Ruark

    @properties

    Section Image

  • K

    Buyer's Agent in 2020

    Kelly Lavengood

    Good Living Indy, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21702043

MIBOR Broker Listing Cooperative®

APN: 49-10-07-112-138.000-101

Indiana Marion County Indianapolis 46203 Fountain Square

1548 Fletcher Ave, Indianapolis, IN

This home is located at 1548 Fletcher Ave, Indianapolis, IN 46203 since 25 March 2020 and is currently estimated at $635,065, approximately $319 per square foot. This property was built in 2019. 1548 Fletcher Ave 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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