NOT LISTED FOR SALE

1620 Comer Ave Indianapolis, IN 46203

Near Southeast Neighborhood

Estimated Value: $111,000 - $158,000

2 Beds
1 Bath
1,720 Sq Ft
$75/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $51,000 $30 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $827/month

10 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Forced Air Heating System
  • Formal Dining Room
  • 1-Story Property

About This Home

As of April 2020

Check out this GORGEOUS 2 bedroom 1 bath w/ a detached garage. Enjoy the warmth of classic kitchen cabinetry, large living room w/ hardwood floor, and a basement w/ laundry hook up. Don't miss out on this Great Investment Opportunity!

Last Agent to Sell the Property

Randy Placencia

Red Bridge Real Estate License #RB14045562 Listed on: 04/06/2020

Last Buyer's Agent

Butch Stanifer

Stanifer & Associates Real Est

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $930

Year Built

  • Built in 1930

Lot Details

  • 5,184 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Foundation

Interior Spaces

  • 1,720 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • Downeys Southeast Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491019110187000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$930

Year Built

Built in 1930

Lot Details

5,184 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1930
  • Garage Y N: Yes
  • Lot Size Acres: 0.119
  • Subdivision Name: DOWNEYS SOUTHEAST
  • Inspection Warranties: Other
  • Property Description: Check out this GORGEOUS 2 bedroom 1 bath w/ a detached garage. Enjoy the warmth of classic kitchen cabinetry, large living room w/ hardwood floor, and a basement w/ laundry hook up. Don't miss out on this Great Investment Opportunity!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors
  • Living Area: 1720
  • Other Equipment: Not Applicable
  • Room Count: 2
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 860
  • Main Level Sq Ft: 860
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1720
  • Below Grade Sq Ft: 860
  • Pct Optional Level Finished: 25-50%

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Foundation Details: Brick
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Gas
  • Garage Parking Description: Detached

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491019110187000101
  • Acres: <1/4 Acre
  • Lot Number: 180
  • Lot Size: 5,184

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 930
  • Semi Annual Property Tax Amt: 465
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2020
Sold by
Indianapolis Real Estate Investments Llc
Bought by
Lee Jung Suk
Current Estimated Value
$129,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Outstanding Balance
$84,249
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$45,070

Purchase Details

Listed on
Apr 6, 2020
Closed on
Apr 30, 2020
Sold by
Mission Homes Of Indiana
Bought by
Indianapolis Real Estate Investments Llc
Seller's Agent
Randy Placencia
Red Bridge Real Estate
Buyer's Agent
Butch Stanifer
Stanifer & Associates Real Est
List Price
$58,900
Sold Price
$51,000
Premium/Discount to List
-$7,900
-13.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.14%
Original Mortgage
$80,727
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 20, 2019
Sold by
Knight Andrew
Bought by
Mission Homes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2014
Sold by
Results Llc
Bought by
Knight Andrew

Purchase Details

Closed on
May 15, 2012
Sold by
Knight Andrew
Bought by
Results Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lee Jung Suk $123,000 Eagle Land Title
Indianapolis Real Estate Investments Llc $51,000 Eagle Land Title
Mission Homes -- None Available
Knight Andrew -- None Available
Results Llc $49,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Jung Suk $96,000
Previous Owner Indianapolis Real Estate Investments Llc $80,727
Previous Owner Mission Homes $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2020 04/30/20 Sold $51,000 -13.4% $30 / Sq Ft
04/17/2020 04/17/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $58,900 -- $34 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $1,853 $89,400 $7,900 $81,500
2024 $1,870 $78,100 $7,900 $70,200
2023 $1,870 $75,900 $7,900 $68,000
2022 $1,796 $73,200 $7,900 $65,300
2021 $1,451 $60,000 $7,900 $52,100
2020 $1,344 $55,200 $7,900 $47,300
2019 $1,172 $46,900 $3,800 $43,100
2018 $992 $39,000 $3,800 $35,200
2017 $828 $36,100 $3,800 $32,300
2016 $767 $34,000 $3,800 $30,200
2014 $750 $34,700 $3,800 $30,900
2013 $580 $27,900 $3,800 $24,100
Source: Public Records

Agents Affiliated with this Home

  • Randy Placencia

    Seller's Agent in 2020

    Randy Placencia

    Red Bridge Real Estate

    (317) 800-4342

    4 in this area

    265 Total Sales

    Randy Placencia
    Section Image

  • B

    Buyer's Agent in 2020

    Butch Stanifer

    Stanifer & Associates Real Est

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21703868

MIBOR Broker Listing Cooperative®

APN: 49-10-19-110-187.000-101

Indiana Marion County Indianapolis 46203 Near Southeast

1620 Comer Ave, Indianapolis, IN

Not Listed for Sale

Detached

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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.
Based on information submitted to the MLS GRID

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