NOT LISTED FOR SALE

1550 Fletcher Ave Indianapolis, IN 46203

Fountain Square Neighborhood

Estimated Value: $550,000 - $681,267

4 Beds
3 Baths
3,264 Sq Ft
$192/Sq Ft Est. Value

Last Sold March 02, 2022

Last sale price $582,000 $178 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,912/month

96 Days on Market

Highlights

  • Contemporary Architecture
  • Engineered Wood Flooring
  • Built-in Bookshelves
  • Vaulted Ceiling
  • 2 Car Detached Garage
  • 2-minute walk to Stacy Park

About This Home

As of March 2022

Complete Renovation on this Stunning 4 Bedroom, 3 Full Bath Home in Fountain Square! Inviting Front Porch with Floor to Ceiling Windows & Dbl. Doors, Open Floor Plan for Entertaining, Inviting Entry, Dining Rm, Great Rm w/ Wine Fridge & Bar Top,
Huge Kitchen is a Dream Come True w/ White Cabinetry, Huge Counter Height Island, Tile Backsplash, Walk In Pantry, & Top of the Line Appl. 4 Bedroom on Main w/ Full Bath, Upstairs Features Lg. Loft, Two Additional Bedrooms Share a Bth, Convenient Upstairs Laundry Room, Spacious Master Suite w/ Luxurious Master Bath Featuring Dbl. Bowl Vanity, Walk In Shower, Lg. Walk in Closet,
Private Fenced Backyard, Enjoy Relaxing on the Screened Porch, and Added Bonus of a Lg. Detached Garage.

Last Agent to Sell the Property

Suzanne Kappen

CENTURY 21 Scheetz Listed on: 10/22/2021

CENTURY 21 Scheetz

Last Buyer's Agent

Will Lonnemann

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,960

Year Built

  • Built in 1890

Lot Details

  • 3,920 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Block Foundation
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Family or Dining Combination
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Unfinished Basement

  • Sump Pump
  • Basement Cellar

Utilities

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

Community Details

  • Spann & Cos Woodlawn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491007112176000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,960

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, TraditonalAmerican
  • Builder Name: Rams Homes LLC
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1890
  • Building Area Total: 3264
  • Garage Y N: Yes
  • Lot Size Acres: 0.09
  • Subdivision Name: SPANN & COS WOODLAWN
  • Inspection Warranties: Warranty Homebuyers
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Cellar, Unfinished
  • Appliances: Gas Cooktop, Dishwasher, Disposal, Microwave, Gas Oven, Range Hood, Refrigerator, Wine Cooler
  • Levels: Two
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Built In Book Shelves, Vaulted Ceiling(s), Walk-in Closet(s), Hardwood Floors
  • Other Equipment: Smoke Detector, Sump Pump
  • Areas Interior: Bath Sinks Double Main,Foyer Large,Laundry Room Upstairs
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2652
  • Main Level Sq Ft: 1358
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Shower Stall Full,Sinks Double,Suite,Tub Garden
  • Kitchen Features: Breakfast Bar,Pantry WalkIn
  • Below Grade Sq Ft: 612
  • Upper Level Sq Ft: 1294
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Cement Siding
  • Disclosures: Not Applicable
  • Exterior Features: Fence Full Rear
  • Foundation Details: Block
  • List Price: 585000
  • Association Maintained Building Exterior: 0
  • Construction Stage: Completed
  • Porch: Covered Porch,Screened in Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Detached
  • Garage Parking Other: Garage Door Opener,Service Door
  • Garage Sq Ft: 324

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available,Gas Connected
  • Water Heater: Tankless

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491007112176000101
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Street Lights
  • Lot Number: 451
  • Lot Size: 30x125

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1960
  • Semi Annual Property Tax Amt: 980
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Mar 8, 2022
Sold by
Rams Homes Llc
Bought by
Lerma Alfonso S
Seller's Agent
Suzanne Kappen
CENTURY 21 Scheetz
Buyer's Agent
Will Lonnemann
F.C. Tucker Company
List Price
$599,000
Sold Price
$582,000
Premium/Discount to List
-$17,000
-2.84%
Current Estimated Value
$627,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,567
Avg. Annual Appreciation
2.18%
Original Mortgage
$564,540
Outstanding Balance
$528,023
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$99,544

Purchase Details

Listed on
Oct 22, 2021
Closed on
Mar 1, 2022
Sold by
Rams Homes Llc
Bought by
Lerma Alfonso S
Seller's Agent
Suzanne Kappen
CENTURY 21 Scheetz
Buyer's Agent
Will Lonnemann
F.C. Tucker Company
List Price
$599,000
Sold Price
$582,000
Premium/Discount to List
-$17,000
-2.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,540
Outstanding Balance
$528,023
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$99,544

Purchase Details

Listed on
Sep 10, 2020
Closed on
Oct 2, 2020
Sold by
Fuson James B
Bought by
Rams Homes Llc
Seller's Agent
Mark Dietel
Mark Dietel Realty, LLC
Buyer's Agent
Suzanne Kappen
CENTURY 21 Scheetz
List Price
$172,500
Sold Price
$151,500
Premium/Discount to List
-$21,000
-12.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
159.74%

Purchase Details

Closed on
Aug 18, 2017
Sold by
Jenkins Karen
Bought by
James B
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
Lerma Alfonso S -- Schmitz David A
Lerma Alfonso S $582,000 Schmitz David A
Rams Homes Llc $151,500 First American Title Insurance
James B -- --
Fuson James B -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lerma Alfonso S $564,540
Closed Lerma Alfonso S $564,540
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2022 03/02/22 Sold $582,000 -2.8% $178 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
10/22/2021 10/22/21 For Sale $599,000 +295.4% $184 / Sq Ft
10/02/2020 10/02/20 Sold $151,500 -12.2% $49 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $172,500 -- $56 / 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 $5,984 $504,600 $38,300 $466,300
2023 $5,984 $490,800 $38,300 $452,500
2022 $5,831 $469,800 $38,300 $431,500
2021 $3,660 $155,000 $38,300 $116,700
2020 $1,981 $119,100 $38,300 $80,800
2019 $2,694 $110,700 $2,500 $108,200
2018 $2,478 $100,700 $2,500 $98,200
2017 $2,086 $94,800 $2,500 $92,300
2016 $1,893 $87,600 $2,500 $85,100
2014 $1,580 $73,300 $2,500 $70,800
2013 $487 $66,900 $2,500 $64,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Suzanne Kappen

    CENTURY 21 Scheetz

    Section Image

  • W

    Buyer's Agent in 2022

    Will Lonnemann

    F.C. Tucker Company

    Section Image

  • B

    Buyer Co-Listing Agent in 2022

    Becky Douglas

    F.C. Tucker Company

    Section Image
  • Mark Dietel

    Seller's Agent in 2020

    Mark Dietel

    Mark Dietel Realty, LLC

    (317) 441-7887

    1 in this area

    218 Total Sales

    Mark Dietel
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21820819

MIBOR Broker Listing Cooperative®

APN: 49-10-07-112-176.000-101

Indiana Marion County Indianapolis 46203 Fountain Square

1550 Fletcher Ave, Indianapolis, IN

This home is located at 1550 Fletcher Ave, Indianapolis, IN 46203 since 22 October 2021 and is currently estimated at $627,567, approximately $192 per square foot. This property was built in 1890. 1550 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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