NOT LISTED FOR SALE

1609 S State Ave Indianapolis, IN 46203

Near Southeast Neighborhood

Estimated Value: $127,000 - $232,000

2 Beds
2 Baths
1,372 Sq Ft
$143/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $175,000 $128 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,190/month

1 Day on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Programmable Thermostat
  • Wood Flooring
  • Security System Owned
  • Forced Air Heating and Cooling System

About This Home

As of May 2021

Chic, bold, yet simple; a truly unique home nestled in Fountain Square South awaits. Featuring murals in collaboration with locally renowned artist, Alicia Zanoni, 9.5 ft tall ceilings, open concept living space, and an abundance of natural light (just look at that pothos!), this home suits both seasoned and first time homebuyers alike looking to live within walking distance to a Cultural District, sans the exorbitant price tag of today’s market. A cozy back yard that’s completely privacy fenced along with off-street parking rounds out the checklist. Schedule your showing today!

Last Agent to Sell the Property

Billy Ratthahao

Indy Dwell Real Estate License #RB18002298 Listed on: 04/16/2021

Last Buyer's Agent

Lora Reynolds

Weichert, REALTORS - Success!

Weichert, REALTORS - Success!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,238

Year Built

  • Built in 1926

Lot Details

  • 3,485

Home Design

  • Ranch Style House
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,372 Sq Ft Home
  • Family or Dining Combination
  • Wood Flooring
  • Unfinished Basement
  • Sump Pump
  • Attic Access Panel

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Radon Detector

Utilities

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

Additional Features

  • Covered Patio or Porch
  • 3,485 Sq Ft Lot

Community Details

  • Manions Sub Wingate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491018232013000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,238

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1926
  • Garage Y N: No
  • Lot Size Acres: 0.08
  • Subdivision Name: MANIONS SUB WINGATE
  • Inspection Warranties: SeeRemarks
  • Property Description: Chic, bold, yet simple; a truly unique home nestled in Fountain Square South awaits. Featuring murals in collaboration with locally renowned artist, Alicia Zanoni, 9.5 ft tall ceilings, open concept living space, and an abundance of natural light (just look at that pothos!), this home suits both seasoned and first time homebuyers alike looking to live within walking distance to a Cultural District, sans the exorbitant price tag of today’s market. A cozy back yard that’s completely privacy fenced along with off-street parking rounds out the checklist. Schedule your showing today!
  • Transaction Type: Sale
  • Lifestyles: Other/See Remarks
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Dishwasher, Dryer, Disposal, MicroHood, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access, Hardwood Floors
  • Living Area: 1372
  • Other Equipment: Radon System, Security Alarm Paid, Sump Pump, Programmable Thermostat
  • Room Count: 3
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1020
  • Main Level Sq Ft: 1020
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1372
  • Below Grade Sq Ft: 352
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 169900
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491018232013000101
  • Acres: <1/4 Acre
  • Lot Number: 3
  • Lot Size: 3,485

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1238
  • Semi Annual Property Tax Amt: 619
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
May 21, 2021
Sold by
Ratthahao Billy
Bought by
Cleveland Alexandra Kathleen
Seller's Agent
Billy Ratthahao
Indy Dwell Real Estate
Buyer's Agent
Lora Reynolds
Weichert, REALTORS - Success!
List Price
$169,900
Sold Price
$175,000
Premium/Discount to List
$5,100
3%
Current Estimated Value
$196,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,669
Avg. Annual Appreciation
2.70%
Original Mortgage
$166,250
Outstanding Balance
$150,190
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$46,479

Purchase Details

Listed on
Jul 20, 2017
Closed on
Aug 31, 2017
Sold by
William C
Bought by
Ratthahao Billy
Seller's Agent
Spencer Ruark
@properties
Buyer's Agent
Daniel Fisher
@properties
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.85%
Original Mortgage
$93,279
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 3, 2016
Sold by
Hull John B
Bought by
Dillehay William C

Purchase Details

Closed on
Jan 22, 2010
Sold by
Hull John
Bought by
Curbeaux Joshua

Purchase Details

Closed on
Mar 16, 2009
Sold by
Hull John B
Bought by
Ican Realty Group Llc and Woody Properties Llc

Purchase Details

Closed on
Nov 9, 2008
Sold by
Minix James M and Minix Cheryl A
Bought by
Hull John B

Purchase Details

Closed on
Dec 1, 2005
Sold by
Hull John B
Bought by
Minix James and Minix Cheryl
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
Cleveland Alexandra Kathleen $175,000 None Available
Ratthahao Billy $95,000 --
Ratthahao Billy $95,000 First American Title
Dillehay William C -- --
Curbeaux Joshua $18,000 None Available
Ican Realty Group Llc $8,000 None Available
Hull John B -- None Available
Minix James -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cleveland Alexandra Kathleen $166,250
Previous Owner Ratthahao Billy $93,279
Closed Ican Realty Group Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/21/2021 05/21/21 Sold $175,000 +3.0% $128 / Sq Ft
04/18/2021 04/18/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $169,900 +78.8% $124 / Sq Ft
08/31/2017 08/31/17 Sold $95,000 -4.9% $83 / Sq Ft View Prior Sale
07/20/2017 07/20/17 For Sale $99,900 -- $88 / 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 $1,720 $116,900 $5,900 $111,000
2023 $1,720 $149,200 $5,900 $143,300
2022 $1,941 $159,400 $5,900 $153,500
2021 $1,609 $136,800 $5,900 $130,900
2020 $1,425 $121,800 $5,900 $115,900
2019 $1,239 $111,000 $2,600 $108,400
2018 $829 $88,500 $2,600 $85,900
2017 $217 $33,900 $2,600 $31,300
2016 $1,089 $31,900 $2,600 $29,300
2014 $260 $35,600 $2,600 $33,000
2013 $246 $33,500 $2,600 $30,900
Source: Public Records

Agents Affiliated with this Home

  • Billy Ratthahao

    Seller's Agent in 2021

    Billy Ratthahao

    Indy Dwell Real Estate

    (847) 521-0975

    2 in this area

    79 Total Sales

    Billy Ratthahao
    Section Image

  • L

    Buyer's Agent in 2021

    Lora Reynolds

    Weichert, REALTORS - Success!

    Section Image

  • T

    Buyer Co-Listing Agent in 2021

    Tamyra Tinnes

    Weichert, REALTORS - Success!

    Section Image

  • S

    Seller's Agent in 2017

    Spencer Ruark

    @properties

    Section Image

  • D

    Buyer's Agent in 2017

    Daniel Fisher

    @properties

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21778332

MIBOR Broker Listing Cooperative®

APN: 49-10-18-232-013.000-101

Indiana Marion County Indianapolis 46203 Near Southeast

1609 S State Ave, Indianapolis, IN

This home is located at 1609 S State Ave, Indianapolis, IN 46203 since 16 April 2021 and is currently estimated at $196,669, approximately $143 per square foot. This property was built in 1926. 1609 S State Ave is a home located in Marion County with nearby schools including Paul I. Miller School No. 114, 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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