NOT LISTED FOR SALE

1615 Lawton Ave Indianapolis, IN 46203

Near Southeast Neighborhood

Estimated Value: $133,000 - $161,622

1 Bed
-- Bath
420 Sq Ft
$360/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $118,000 $281 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,024/month

64 Days on Market

About This Home

As of November 2021

From an ugly duckling to a swan would be the best way to describe this adorable Fountain Square duplex. It has a new roof, new furnace, new water heater, New interior and exterior doors, New sinks and countertops in the updated kitchens, new paint, new flooring thru-out, upgraded electrical, new pex plumbing. Each tenant pays $700 per month.

Last Agent to Sell the Property

Charlene Gaard

No Limit Real Estate, LLC License #RB14033327 Listed on: 06/10/2021

Last Buyer's Agent

Sam Arce

F.C. Tucker Company License #RB14021572

F.C. Tucker Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $970

Year Built

  • 1920

Lot Details

  • 5,663

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$970

Year Built

1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Residential Units - 1 to 4
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Architectural Style: Ranch
  • Directions: From E Minnesota St & S State Ave, go south on State, turn right onto Lawton Ave, home will be on the left.
  • New Construction: No
  • Structure Type: Duplex
  • Subdivision Name: C B CRESS ADD
  • Special Features: None
  • Year Built: 1920

Interior Features

  • Sq Ft Main Upper: 0
  • Laundry: NoLaundry
  • Owner Pays: Insurance, Taxes, Sewer, Water

Exterior Features

  • Construction Type: Aluminum Siding

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Busline,Sidewalks
  • Lot Number: 11
  • Lot Size: 5,924

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas

Tax Info

  • Semi Annual Property Tax Amt: 485
  • Tax Exemption: None
  • Tax Annual Amount: 970
  • Tax Year: 2020

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Nov 2, 2021
Sold by
Cory Real Estate Holdings Llc
Bought by
Babatunde Ijirimoye
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Sam Arce
F.C. Tucker Company
Sold Price
$118,000
Current Estimated Value
$151,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,207
Avg. Annual Appreciation
6.86%
Original Mortgage
$88,500
Outstanding Balance
$81,435
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$70,103

Purchase Details

Closed on
Nov 6, 2020
Sold by
Building Foundations Llc
Bought by
Cory Real Estate Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,600
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 6, 2020
Sold by
Rock Steamboat B and Rock Megan D
Bought by
Building Foundations Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2017
Sold by
Bali Daniel
Bought by
Rock Steamboat B and Rock Megan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 22, 2016
Closed on
Jan 4, 2017
Sold by
Wendt Member George
Bought by
Barli Member Daniel
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Charlene Gaard
No Limit Real Estate, LLC
List Price
$65,000
Sold Price
$51,000
Premium/Discount to List
-$14,000
-21.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.47%

Purchase Details

Closed on
Sep 10, 2013
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Babatunde Ijirimoye $118,000 None Available
Cory Real Estate Holdings Llc $46,500 Investors Title
Building Foundations Llc $42,000 Investors Title
Rock Steamboat B $54,000 --
Rock Steamboat B $54,000 Eagle Land Title
Barli Member Daniel $102,000 --
1621 Lawton Llc -- None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babatunde Ijirimoye $88,500
Previous Owner Cory Real Estate Holdings Llc $66,600
Previous Owner Building Foundations Llc $41,000
Previous Owner Building Foundations Llc $41,000
Previous Owner Rock Steamboat B $40,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $118,000 0.0% $281 / Sq Ft
08/14/2021 08/14/21 Pending -- -- --
08/11/2021 08/11/21 For Sale -- -- --
08/11/2021 08/11/21 Off Market $118,000 -- --
08/08/2021 08/08/21 For Sale -- -- --
06/11/2021 06/11/21 Off Market $118,000 -- --
06/11/2021 06/11/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $125,000 +145.1% $298 / Sq Ft
01/09/2017 01/09/17 Sold $51,000 -7.3% $121 / Sq Ft
12/23/2016 12/23/16 Pending -- -- --
11/29/2016 11/29/16 Price Changed $55,000 -8.3% $131 / Sq Ft
07/19/2016 07/19/16 Price Changed $60,000 -7.7% $143 / Sq Ft
06/22/2016 06/22/16 For Sale $65,000 -- $155 / 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 $2,404 $128,500 $7,100 $121,400
2023 $2,404 $96,300 $7,100 $89,200
2022 $2,925 $117,500 $7,100 $110,400
2021 $1,120 $43,500 $6,700 $36,800
2020 $4,341 $41,900 $6,700 $35,200
2019 $1,107 $42,100 $2,900 $39,200
2018 $1,301 $38,500 $2,900 $35,600
2017 $880 $36,300 $2,900 $33,400
2016 $812 $33,900 $2,900 $31,000
2014 $616 $28,500 $2,900 $25,600
2013 $647 $28,500 $2,900 $25,600
Source: Public Records

Agents Affiliated with this Home

  • Charlene Gaard

    Seller's Agent in 2021

    Charlene Gaard

    No Limit Real Estate, LLC

    (317) 440-2149

    8 in this area

    284 Total Sales

    Charlene Gaard
    Section Image
  • Sam Arce

    Buyer's Agent in 2021

    Sam Arce

    F.C. Tucker Company

    (317) 442-5966

    3 in this area

    151 Total Sales

    Sam Arce
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21789263

MIBOR Broker Listing Cooperative®

APN: 49-10-18-148-005.000-101

Indiana Marion County Indianapolis 46203 Near Southeast

1615 Lawton Ave, Indianapolis, IN

This home is located at 1615 Lawton Ave, Indianapolis, IN 46203 since 10 June 2021 and is currently estimated at $151,207, approximately $360 per square foot. This property was built in 1920. 1615 Lawton 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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