NOT LISTED FOR SALE

1623 Gerrard Ave Indianapolis, IN 46224

Estimated Value: $259,000 - $272,000

2 Beds
1 Bath
1,342 Sq Ft
$199/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $245,000 $183 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,894/month

14 Days on Market

Highlights

  • Mature Trees
  • Traditional Architecture
  • No HOA
  • Speedway Junior High School Rated A
  • Wood Flooring
  • Formal Dining Room

About This Home

As of October 2022

Live just steps from restaurants,bars,boutiques & racing yet nestled on a quiet & quaint street lined w/ trees and well cared for homes. This home is totally updated w/ granite counter tops, hardwood floors, fireplace, and sun room overlooking a large private yard! The full basement is dry and ready for a party! Add your touches with a pool table, theatre room, or another bedroom! The kitchen is open to the dining room which opens to the great room and lined with charming arches. The 2 car garage has its own drive and room for several cars to park. This house is ideal for a family or to generate additional income during those racing months! So cute & charming move in ready. Brand new Furniture can be bought or removed! Tons of storage!

Last Agent to Sell the Property

Michelle Chandler

Keller Williams Indy Metro S Brokerage Email: homes@michellechandler.com License #RB14035890 Listed on: 09/30/2022

Keller Williams Indy Metro S

Co-Listed By

Bryan Williams

Keller Williams Indy Metro S Brokerage Email: homes@michellechandler.com License #RB14049747

Last Buyer's Agent

Miranda Payne

Carpenter, REALTORS® License #RB14045788

Carpenter, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,536

Year Built

  • Built in 1938

Lot Details

  • 50 Sq Ft Lot
  • Mature Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Electric Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Unfinished Basement
  • Laundry in Basement
  • Fire and Smoke Detector

Kitchen

  • Galley Kitchen
  • Gas Oven

Flooring

  • Wood
  • Vinyl Plank

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Schloss Home Place Subdivision

Listing and Financial Details

  • Legal Lot and Block 80 / 2
  • Assessor Parcel Number 490631109032000914

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,536

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1938
  • Building Area Total: 2376
  • Co List Office Phone: 765-342-5500
  • Garage Y N: Yes
  • Lot Size Acres: 0.14
  • Subdivision Name: Schloss Home Place
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: homes@michellechandler.com
  • Attribution Contact: homes@michellechandler.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Dryer, Gas Oven, Refrigerator, Washer, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 154
  • Fireplace Features: Electric, Great Room
  • Fireplaces: 1
  • Interior Amenities: Wood Work Painted, Hi-Speed Internet Availbl
  • Living Area: 1342
  • Main Level Bedrooms: 2
  • Other Equipment: Smoke Alarm
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1188
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Galley
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Aluminum Siding
  • Foundation Details: Block
  • List Price: 250000
  • Patio And Porch Features: Porch Open

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Detached

Utilities

  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Basement
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Sidewalks, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 50
  • Parcel Number: 490631109032000914
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3536
  • Tax Block: 2
  • Tax Lot: 80
  • Semi Annual Property Tax Amt: 1768
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2022
Closed on
Oct 27, 2022
Sold by
Chandler Deborah and Chandler Cary
Bought by
Trio Properties Inc
Seller's Agent
Michelle Chandler
Keller Williams Indy Metro S
Buyer's Agent
Miranda Payne
Carpenter, REALTORS®
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Views
14
Current Estimated Value
$269,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,624
Avg. Annual Appreciation
1.29%

Purchase Details

Listed on
Apr 28, 2022
Closed on
May 16, 2022
Sold by
Roger Brouillette Revocable Trust
Bought by
Chandler Deborah and Chandler Cary
Seller's Agent
Tammy Venable
Compass Indiana, LLC
Buyer's Agent
Michelle Chandler
Keller Williams Indy Metro S
List Price
$195,000
Sold Price
$228,000
Premium/Discount to List
$33,000
16.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.53%

Purchase Details

Listed on
Apr 28, 2022
Closed on
May 7, 2022
Sold by
Roger Brouillette Revocable Trust
Bought by
Chandler Deborah and Chandler Cary
Seller's Agent
Tammy Venable
Compass Indiana, LLC
Buyer's Agent
Michelle Chandler
Keller Williams Indy Metro S
List Price
$195,000
Sold Price
$228,000
Premium/Discount to List
$33,000
16.92%

Purchase Details

Closed on
Dec 12, 2019
Sold by
Broullette Roger and Broullette Linda
Bought by
Broullette Roger and Linda Broullette Revocable Tru

Purchase Details

Closed on
Oct 12, 2007
Sold by
Martin Randy
Bought by
Brouillette Roger and Brouillette Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,600
Interest Rate
6.33%
Mortgage Type
New Conventional
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
Trio Properties Inc -- Title Alliance
Chandler Deborah -- Drake Andrew R
Chandler Deborah $228,000 Drake Andrew R
Broullette Roger -- None Available
Brouillette Roger -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brouillette Roger $57,000
Previous Owner Brouillette Roger $65,600
Previous Owner Brouillette Roger $65,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Sold $245,000 -2.0% $183 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
10/10/2022 10/10/22 For Sale $250,000 +2.0% $186 / Sq Ft
09/30/2022 09/30/22 Off Market $245,000 -- --
09/30/2022 09/30/22 For Sale $250,000 +9.6% $186 / Sq Ft
05/09/2022 05/09/22 Sold $228,000 +16.9% $170 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $195,000 -- $145 / 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 $5,021 $203,600 $18,200 $185,400
2023 $5,021 $199,200 $18,200 $181,000
2022 $4,853 $191,900 $18,200 $173,700
2021 $3,813 $150,700 $18,200 $132,500
2020 $3,536 $141,300 $18,200 $123,100
2019 $3,223 $128,600 $18,200 $110,400
2018 $3,209 $127,200 $18,200 $109,000
2017 $3,112 $124,100 $18,200 $105,900
2016 $2,924 $117,500 $18,200 $99,300
2014 $2,749 $111,400 $18,200 $93,200
2013 $2,660 $106,900 $18,200 $88,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21886101

MIBOR Broker Listing Cooperative®

APN: 49-06-31-109-032.000-914