NOT LISTED FOR SALE

1616 N New Jersey St Indianapolis, IN 46202

Near Northside Neighborhood

Estimated Value: $224,000 - $282,000

0.14 Acre
$1,769,231 Price per Acre
6,229 Sq Ft Lot

Last Sold December 23, 2019

Last sale price $210,000

Est. 35% increase in value since last sale

Current estimated payment $1,783/month

116 Days on Market

About This Lot

As of December 2019

Rare opportunity to own two adjoining lots in Herron Morton Place. Surrounded by high-end new construction and lively retail activity. See MLS #21661466 for the second listing.

Last Agent to Sell the Property

Mark Nottingham

@properties License #RB14037538 Listed on: 08/14/2019

@properties

Last Buyer's Agent

Brian Maire

United Real Estate Indpls

United Real Estate Indpls

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $998

Lot Details

  • 6,229 Sq Ft Lot

Community Details

  • Allen & Roots North Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490636158039000101

Property Details

Property Type

Land

Est. Annual Taxes

$998

Lot Details

0

Listing Details

  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2018
  • Lot Size Acres: 0.143
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: ALLEN & ROOTS NORTH
  • Inspection Warranties: Not Applicable
  • Property Description: Rare opportunity to own two adjoining lots in Herron Morton Place. Surrounded by high-end new construction and lively retail activity. See MLS #21661466 for the second listing.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0

Exterior Features

  • Disclosures: Not Applicable
  • List Price: 220000
  • Topography: Cleared,Level,NotApplic
  • Road Access: CityStreet
  • Water: Municipal Water on Site

Utilities

  • Sewer: Municipal Sewer On Site
  • Solid Waste: 0

Lot Info

  • Development Status: Finished Lot(s)
  • Parcel Number: 490636158039000101
  • Zoning: D8
  • Acres: <1/4 Acre
  • Lot Number: 140
  • Lot Size: 6,229
  • Improvements: Paved Streets
  • Land Characteristics: City
  • Potential Zoning: Single Family
  • Present Zoning: Single Family
  • Price Acre: 1538462

Tax Info

  • Tax Annual Amount: 998
  • Semi Annual Property Tax Amt: 499
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2020
Sold by
Gardier Christopher F and Gardier Mary F
Bought by
Catalyst Partners Llc
Current Estimated Value
$284,500

Purchase Details

Listed on
Aug 14, 2019
Closed on
Dec 23, 2019
Sold by
Tcnms Holdings Llc
Bought by
Gardier Christopher and Gardier Mary F
Seller's Agent
Mark Nottingham
@properties
Buyer's Agent
Brian Maire
United Real Estate Indpls
List Price
$275,000
Sold Price
$210,000
Premium/Discount to List
-$65,000
-23.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%

Purchase Details

Closed on
Jan 23, 2018
Sold by
Redevelopment Group Inc
Bought by
Tcnms Holdings Llc

Purchase Details

Closed on
Nov 18, 2015
Sold by
Payne Evelyn J
Bought by
The Re Development Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 17, 2015
Sold by
P & H Investments
Bought by
Payne Evelyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.8%
Mortgage Type
Unknown
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
Catalyst Partners Llc -- None Available
Gardier Christopher $210,000 Eagle Land Title
Tcnms Holdings Llc -- --
The Re Development Group Inc -- First American Title Ins Co
Payne Evelyn J -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Payne Evelyn J $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2019 12/23/19 Sold $210,000 -4.5% --
12/09/2019 12/09/19 Pending -- -- --
12/03/2019 12/03/19 Price Changed $220,000 -12.0% --
11/12/2019 11/12/19 Price Changed $250,000 -9.1% --
08/14/2019 08/14/19 For Sale $275,000 -- --
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 $2,535 $91,400 $91,400 --
2023 $2,535 $91,400 $91,400 $0
2022 $970 $91,400 $91,400 $0
2021 $1,035 $34,900 $34,900 $0
2020 $1,034 $34,900 $34,900 $0
2019 $968 $32,100 $32,100 $0
2018 $998 $32,100 $32,100 $0
2017 $884 $32,100 $32,100 $0
2016 $839 $32,100 $32,100 $0
2014 $935 $34,900 $34,900 $0
2013 $1,031 $34,900 $34,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Nottingham

    Seller's Agent in 2019

    Mark Nottingham

    @properties

    (317) 625-5592

    25 in this area

    122 Total Sales

    Section Image

  • B

    Buyer's Agent in 2019

    Brian Maire

    United Real Estate Indpls

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21661458

MIBOR Broker Listing Cooperative®

APN: 49-06-36-158-039.000-101

Indiana Marion County Indianapolis 46202 Near Northside

1616 N New Jersey St, Indianapolis, IN

This home is located at 1616 N New Jersey St, Indianapolis, IN 46202 since 14 August 2019 and is currently estimated at $253,000. 1616 N New Jersey St is a home located in Marion County with nearby schools including Washington Irving School 14, Arsenal Technical High School, and George Washington Community High School (9-12).

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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