NOT LISTED FOR SALE

1617 Cottage Ave Indianapolis, IN 46203

Near Southeast Neighborhood

Estimated Value: $102,000 - $141,000

2 Beds
1 Bath
1,312 Sq Ft
$97/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $65,000 $50 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $809/month

Highlights

  • Traditional Architecture
  • Formal Dining Room
  • Forced Air Heating System
  • Covered Patio or Porch
  • 1-Story Property

About This Home

As of January 2020

Wonderful opportunity to buy this move in ready investment. South Fountain Square area, this up and coming area is still affordable to buy. Fenced rear yard, 2 nice sized bedrooms, basement for storage and a covered front porch.

Last Agent to Sell the Property

Ted Durlacher

Epique Inc License #RB14037281 Listed on: 01/15/2020

Epique Inc

Last Buyer's Agent

Kelly Dorsey

eXp Realty, LLC

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $852

Year Built

  • Built in 1931

Lot Details

  • 2,178 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,312 Sq Ft Home
  • 1-Story Property
  • Non-Functioning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Unfinished Basement
  • Partial Basement
  • Attic Access Panel
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Dynes & Cassidays Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491018224012000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$852

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow/Shotgun, TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1931
  • Garage Y N: No
  • Lot Size Acres: 0.05
  • Subdivision Name: DYNES & CASSIDAYS
  • Inspection Warranties: Not Applicable
  • Property Description: Wonderful opportunity to buy this move in ready investment. South Fountain Square area, this up and coming area is still affordable to buy. Fenced rear yard, 2 nice sized bedrooms, basement for storage and a covered front porch.
  • Transaction Type: Sale
  • Website: www.BuyWithTed.com
  • Accessibility Features YN: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Non Functional
  • Fireplaces: 1
  • Interior Amenities: Attic Access
  • Living Area: 1312
  • Other Equipment: Smoke Detector
  • Room Count: 5
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 912
  • Main Level Sq Ft: 912
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1312
  • Kitchen Features: Kitchen Eat In,Kitchen Updated
  • Below Grade Sq Ft: 400
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Fence Full Rear
  • Foundation Details: Block, Block
  • List Price: 65000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Connected,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491018224012000101
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Storm Sewer,Street Lights
  • Lot Number: 9
  • Lot Size: 31x83

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 852
  • Semi Annual Property Tax Amt: 426
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2020
Closed on
Jan 31, 2020
Sold by
Dorris Ricky L and Dorris Patricia I
Bought by
Sunvision International Inc
Seller's Agent
Ted Durlacher
Epique Inc
Buyer's Agent
Kelly Dorsey
eXp Realty, LLC
List Price
$65,000
Sold Price
$65,000
Current Estimated Value
$127,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,837
Avg. Annual Appreciation
12.65%

Purchase Details

Closed on
Oct 9, 2012
Sold by
Marion County Board Of Commissioners
Bought by
Indy I Redevelopment Llc

Purchase Details

Closed on
Jul 30, 2008
Sold by
Hud
Bought by
Dorris Ricky L and Dorris Patricia I

Purchase Details

Closed on
Nov 28, 2007
Sold by
Hargrave David L
Bought by
Taylor Bean & Whitaker Mortgage Corp

Purchase Details

Closed on
Sep 13, 2007
Sold by
Taylor Bean & Whitaker Mortgage Corp
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Dec 29, 2005
Sold by
Dorris Ricky L and Dorris Patricia I
Bought by
Hargrave David Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,042
Interest Rate
6.4%
Mortgage Type
FHA
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
Sunvision International Inc $65,000 Security Title Services
Indy I Redevelopment Llc -- --
Marion County -- --
Dorris Ricky L -- Village Title Inc
Taylor Bean & Whitaker Mortgage Corp $66,517 None Available
Secretary Of Housing & Urban Development -- None Available
Hargrave David Lee -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hargrave David Lee $61,042
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $65,000 0.0% $50 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
01/15/2020 01/15/20 For Sale $65,000 -- $50 / 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 $4,798 $83,700 $4,100 $79,600
2023 $4,798 $85,700 $4,100 $81,600
2022 $2,091 $85,700 $4,100 $81,600
2021 $1,769 $73,800 $4,100 $69,700
2020 $1,712 $71,100 $4,100 $67,000
2019 $1,726 $70,400 $2,500 $67,900
2018 $1,590 $64,100 $2,500 $61,600
2017 $1,338 $60,100 $2,500 $57,600
2016 $1,318 $60,500 $2,500 $58,000
2014 $1,358 $62,800 $2,500 $60,300
2013 $1,029 $49,500 $2,500 $47,000
Source: Public Records

Agents Affiliated with this Home

  • Ted Durlacher

    Seller's Agent in 2020

    Ted Durlacher

    Epique Inc

    (317) 694-8946

    4 in this area

    69 Total Sales

    Ted Durlacher
    Section Image

  • K

    Buyer's Agent in 2020

    Kelly Dorsey

    eXp Realty, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21689474

MIBOR Broker Listing Cooperative®

APN: 49-10-18-224-012.000-101

Indiana Marion County Indianapolis 46203 Near Southeast

1617 Cottage Ave, Indianapolis, IN

This home is located at 1617 Cottage Ave, Indianapolis, IN 46203 since 15 January 2020 and is currently estimated at $127,837, approximately $97 per square foot. This property was built in 1931. 1617 Cottage 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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