NOT LISTED FOR SALE

1601 Nelson Ave Indianapolis, IN 46203

Near Southeast Neighborhood

Estimated Value: $82,000 - $188,000

3 Beds
1 Bath
2,208 Sq Ft
$61/Sq Ft Est. Value

Highlights

  • Breakfast Room
  • Bungalow
  • Forced Air Heating System
  • Woodwork
  • 1-Story Property

About This Home

As of August 2014

COMPLETELY RENOVATED 3 BEDROOM, 1 BATH BUNGALOW WITHIN WALKING DISTANCE TO GARFIELD PARK. LARGE DECK AND FULL PRIVACY FENCE IN THE BACK YARD. NEW CARPET, FLOORING AND FRESH PAINT THROUGHOUT. VERY CHARMING AND UNIQUE HOME.

Last Agent to Rent the Property

Charles Wallace

Indy Rent Manager License #RB14040292 Listed on: 06/20/2014

Last Renter's Agent

Charles Wallace

Indy Rent Manager License #RB14040292 Listed on: 06/20/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,524

Year Built

  • Built in 1935

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Bungalow
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 2,208 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Breakfast Room
  • Fire and Smoke Detector
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Hollidays Garfield Park Subdivision

Listing and Financial Details

  • Security Deposit $750
  • Tenant pays for all utilities insurance trash collection
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 491019117451000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,524

Year Built

Built in 1935

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: All Utilities,Insurance,Trash Collection
  • Lease Price: 750.00
  • Min Lease Req: 12
  • Pet Deposit: 200
  • Security Deposit: 750
  • Smoking: 0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential Lease
  • New Construction: No
  • Year Built: 1935
  • Garage Y N: No
  • Lot Size Acres: 0.16
  • Subdivision Name: HOLLIDAYS GARFIELD PARK
  • Inspection Warranties: Not Applicable
  • Property Description: COMPLETELY RENOVATED 3 BEDROOM, 1 BATH BUNGALOW WITHIN WALKING DISTANCE TO GARFIELD PARK. LARGE DECK AND FULL PRIVACY FENCE IN THE BACK YARD. NEW CARPET, FLOORING AND FRESH PAINT THROUGHOUT. VERY CHARMING AND UNIQUE HOME.
  • Transaction Type: Lease
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Electric Oven,Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Wood Work Painted
  • Living Area: 2208
  • Other Equipment: Smoke Detector
  • Owner Pays: Other
  • Room Count: 6
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1104
  • Main Level Sq Ft: 1104
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2208
  • Below Grade Sq Ft: 1104
  • Pct Optional Level Finished: 0-25%
  • Bathroom Areas: 1.0000
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 750
  • Porch: Deck Main Level,Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Water Heater: Electric

Condo/Co-op/Association

  • Pets Allowed: W/Approval

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491019117451000101
  • Acres: <1/4 Acre
  • Lot Number: 242
  • Lot Size: 35X136

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2023
Sold by
Slb Investments Llc
Bought by
Job Assets Iii Llc
Current Estimated Value
$133,667

Purchase Details

Closed on
May 15, 2023
Sold by
Slb Investments Llc
Bought by
Job Assets Iii Llc

Purchase Details

Closed on
Feb 22, 2017
Sold by
Assit Vp Helen Cho
Bought by
Marshall Welton Manager

Purchase Details

Closed on
May 31, 2013
Sold by
May Travis
Bought by
Paxson Kristin

Purchase Details

Closed on
Oct 10, 2007
Sold by
Groce Kelly D
Bought by
Kai Holdings Llc

Purchase Details

Closed on
May 7, 2007
Sold by
American Property Investments Inc
Bought by
Groce Kelly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2007
Sold by
Fifht Third Mortgage Co
Bought by
American Property Investments Inc

Purchase Details

Closed on
Mar 1, 2006
Sold by
Mulder Misty Dawn
Bought by
Fifth Third Morthgage Corp
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
Job Assets Iii Llc -- None Listed On Document
Job Assets Iii Llc -- None Listed On Document
Marshall Welton Manager $31,200 --
Slb Investments Llc $31,241 Meridian Title
Paxson Kristin $31,800 --
American Residential Leasing Company -- --
Mayco Acquisitions Llc -- --
Kai Holdings Llc -- None Available
Groce Kelly D -- None Available
American Property Investments Inc -- None Available
Fifth Third Morthgage Corp $32,375 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Groce Kelly D $58,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2014 08/01/14 Rented $750 0.0% --
07/22/2014 07/22/14 Under Contract -- -- --
06/20/2014 06/20/14 For Rent $750 -- --
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 $2,524 $106,600 $8,000 $98,600
2023 $2,524 $103,500 $8,000 $95,500
2022 $2,420 $99,600 $8,000 $91,600
2021 $1,942 $81,300 $8,000 $73,300
2020 $1,772 $73,700 $8,000 $65,700
2019 $1,549 $62,900 $3,900 $59,000
2018 $1,276 $56,400 $3,900 $52,500
2017 $1,805 $51,700 $3,900 $47,800
2016 $1,073 $48,700 $3,900 $44,800
2014 $688 $46,500 $3,900 $42,600
2013 $773 $37,200 $3,900 $33,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Landlord's Agent in 2014

    Charles Wallace

    Indy Rent Manager

    3 Total Sales

    Charles Wallace
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21299227

MIBOR Broker Listing Cooperative®

APN: 49-10-19-117-451.000-101

Indiana Marion County Indianapolis 46203 Near Southeast

1601 Nelson Ave, Indianapolis, IN

This home is located at 1601 Nelson Ave, Indianapolis, IN 46203 since 20 June 2014 and is currently priced at $133,667. This property was built in 1935. 1601 Nelson Ave is a home located in Marion County with nearby schools including Eleanor Skillen School No. 34, Ralph Waldo Emerson School 58, and James A. Garfield School 31.

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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