NOT LISTED FOR SALE

1602 Faust Ave Indianapolis, IN 46203

Southeast Indianapolis Neighborhood

Estimated Value: $80,000 - $100,564

3 Beds
1 Bath
600 Sq Ft
$146/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $47,000 $78 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $535/month

1 Day on Market

Highlights

  • Mature Trees
  • Covered Patio or Porch
  • 1-Story Property
  • Vaulted Ceiling
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of May 2021

FIXER UPPER - Needs Work. SOLD AS IS. 3 Bed 1 BA 600 square foot bungalow. Please email agent for showing instructions.

Last Agent to Sell the Property

Scott Combs

Complete Real Estate Solutions License #RB14035247 Listed on: 05/04/2021

Last Buyer's Agent

Mike Cagle

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $642

Year Built

  • Built in 1948

Lot Details

  • 0.25 Acre Lot
  • Mature Trees

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Vinyl Clad Windows
  • Combination Kitchen and Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 491015133031000700

Home Details

Home Type

Single Family

Est. Annual Taxes

$642

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1948
  • Garage Y N: No
  • Lot Size Acres: 0.25
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: General
  • Property Description: FIXER UPPER - Needs Work. SOLD AS IS. 3 Bed 1 BA 600 square foot bungalow. Please email agent for showing instructions.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Interior Amenities: Vaulted Ceiling(s), Windows Vinyl
  • Living Area: 600
  • Other Equipment: Not Applicable
  • Room Count: 4
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 600
  • Main Level Sq Ft: 600
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 600
  • Kitchen Features: Kitchen Eat In
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • List Price: 49000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None
  • Garage Sq Ft: 0

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Community Water
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491015133031000700
  • Acres: 1/4-1/2 Acre
  • Lot Information: Tree Mature
  • Lot Number: T15
  • Lot Size: 0.25 AC

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 642
  • Semi Annual Property Tax Amt: 321
  • Tax Exemption: None

MLS Schools

  • School District: Warren Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
May 20, 2021
Sold by
Shah Bhavin
Bought by
Brechbuhl Donald L
Seller's Agent
Scott Combs
Complete Real Estate Solutions
Buyer's Agent
Mike Cagle
F.C. Tucker Company
List Price
$49,000
Sold Price
$47,000
Premium/Discount to List
-$2,000
-4.08%
Current Estimated Value
$87,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,855
Avg. Annual Appreciation
15.13%

Purchase Details

Closed on
Dec 30, 2013
Sold by
A&D Corporation Llc
Bought by
Shah Bhavin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,920
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2011
Sold by
Betty Investments Llc
Bought by
A&D Corporation Llc

Purchase Details

Closed on
Jan 6, 2009
Sold by
Ratcliff Daniel D
Bought by
Betty Investments Llc

Purchase Details

Closed on
Jan 3, 2008
Sold by
Betty Investments Llc
Bought by
Ratcliff Daniel D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2007
Sold by
Grove Brenda Kay
Bought by
Betty Investments Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Brechbuhl Donald L $47,000 Quality Title
Shah Bhavin -- None Available
A&D Corporation Llc -- None Available
Betty Investments Llc -- None Available
Ratcliff Daniel D -- Millennium Title Inc
Betty Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shah Bhavin $39,920
Previous Owner Ratcliff Daniel D $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2021 05/20/21 Sold $47,000 -4.1% $78 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $49,000 -- $82 / 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 $884 $36,400 $4,000 $32,400
2023 $884 $34,600 $4,000 $30,600
2022 $746 $30,000 $4,000 $26,000
2021 $682 $27,100 $4,000 $23,100
2020 $661 $26,200 $4,000 $22,200
2019 $642 $25,400 $4,000 $21,400
2018 $669 $26,700 $4,000 $22,700
2017 $587 $25,500 $4,000 $21,500
2016 $547 $23,600 $4,000 $19,600
2014 $456 $22,800 $4,000 $18,800
2013 $340 $17,000 $4,000 $13,000
Source: Public Records

Agents Affiliated with this Home

  • Scott Combs

    Seller's Agent in 2021

    Scott Combs

    Complete Real Estate Solutions

    (317) 627-2666

    2 in this area

    56 Total Sales

    Scott Combs
    Section Image

  • M

    Buyer's Agent in 2021

    Mike Cagle

    F.C. Tucker Company

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21783116

MIBOR Broker Listing Cooperative®

APN: 49-10-15-133-031.000-700

Indiana Marion County Indianapolis 46203 Southeast Indianapolis

1602 Faust Ave, Indianapolis, IN

This home is located at 1602 Faust Ave, Indianapolis, IN 46203 since 04 May 2021 and is currently estimated at $87,855, approximately $146 per square foot. This property was built in 1948. 1602 Faust Ave is a home located in Marion County with nearby schools including Lowell Elementary School, Raymond Park Intermediate School (5-6), and Raymond Park Middle 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.

Nearby Homes