NOT LISTED FOR SALE

1637 Spruce St Indianapolis, IN 46203

Near Southeast Neighborhood

Estimated Value: $160,000 - $212,000

4 Beds
2 Baths
1,337 Sq Ft
$139/Sq Ft Est. Value

Last Sold April 14, 2021

Last sale price $120,000 $90 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,372/month

62 Days on Market

About This Home

As of April 2021

ATTENTION! Here’s and investment opportunity for a duplex, just outside of Fountain Square. This neighborhood has seen a lot of attention from investors recently with a huge upside. This home offers 3 bed per side, new roof, windows, doors, gutters and modern siding, all on a corner lot. The interior is gutted down to the studs and ready for your new floorplan, electrical, plumbing and just a clean slate for your own vision!
Possible seller financing with as little as 10% down for owner occupants or 20% down for investors.

Last Agent to Sell the Property

Scott Wynkoop

Wynkoop Brokerage Firm, LLC License #RB14037140 Listed on: 01/15/2021

Last Buyer's Agent

Daniel McNeal

@properties

@properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $768

Year Built

  • Built in 1914

Lot Details

  • 5,445 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Vinyl Siding

Community Details

  • Wright & Bowers Subdivision

Listing and Financial Details

  • Tenant pays for notapplic
  • The owner pays for notapplic
  • Assessor Parcel Number 491018106010000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$768

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1914
  • Lot Size Acres: 0.125
  • Structure Type: Duplex
  • Subdivision Name: WRIGHT & BOWERS
  • Inspection Warranties: SeeRemarks
  • Property Description: ATTENTION! Here’s and investment opportunity for a duplex, just outside of Fountain Square. This neighborhood has seen a lot of attention from investors recently with a huge upside. This home offers 3 bed per side, new roof, windows, doors, gutters and modern siding, all on a corner lot. The interior is gutted down to the studs and ready for your new floorplan, electrical, plumbing and just a clean slate for your own vision! Possible seller financing with as little as 10% down for owner occupants or 20% down for investors.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Owner Pays: NotApplic
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: NoLaundry

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • List Price: 129000

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 491018106010000101
  • Acres: <1/4 Acre
  • Lot Information: Corner,Sidewalks
  • Lot Number: 60
  • Lot Size: 5,445

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: NotApplic

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 768
  • Semi Annual Property Tax Amt: 384
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Apr 14, 2021
Sold by
S & C Financial Group Llc
Bought by
Rca Properties
Seller's Agent
Scott Wynkoop
Wynkoop Brokerage Firm, LLC
Buyer's Agent
Daniel McNeal
@properties
List Price
$130,000
Sold Price
$120,000
Premium/Discount to List
-$10,000
-7.69%
Current Estimated Value
$186,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,000
Avg. Annual Appreciation
10.25%

Purchase Details

Listed on
Jan 15, 2021
Closed on
Apr 12, 2021
Sold by
S & C Fin'L Group Llc
Bought by
Rca Properties
Seller's Agent
Scott Wynkoop
Wynkoop Brokerage Firm, LLC
Buyer's Agent
Daniel McNeal
@properties
List Price
$130,000
Sold Price
$120,000
Premium/Discount to List
-$10,000
-7.69%

Purchase Details

Closed on
Jan 31, 2018
Sold by
Marion County Auditor
Bought by
S & C Financial Group Llc

Purchase Details

Closed on
Aug 20, 2008
Sold by
Fannie Mae
Bought by
Circle City Property Partners Llc

Purchase Details

Closed on
Jul 14, 2008
Sold by
Washington Mutual Bank
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 7, 2008
Sold by
Waltz Danny R and Waltz Danny
Bought by
Washington Mutual Bank
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
Rca Properties $120,000 None Available
Rca Properties -- None Listed On Document
S & C Financial Group Llc $13,500 --
Circle City Property Partners Llc -- Ctic Smith Valley
Federal National Mortgage Association -- Ctic Smith Valley
Washington Mutual Bank $49,785 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2021 04/14/21 Sold $120,000 -7.0% $90 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
02/25/2021 02/25/21 Price Changed $129,000 -0.8% $96 / Sq Ft
02/09/2021 02/09/21 For Sale $130,000 0.0% $97 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $130,000 -- $97 / 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 $4,585 $265,600 $6,000 $259,600
2023 $4,585 $189,600 $6,000 $183,600
2022 $2,922 $73,600 $6,000 $67,600
2021 $1,858 $33,100 $5,500 $27,600
2020 $1,886 $32,100 $5,500 $26,600
2019 $848 $32,500 $2,900 $29,600
2018 $1,380 $100,700 $2,900 $97,800
2017 $4,858 $94,900 $2,900 $92,000
2016 $1,902 $87,900 $2,900 $85,000
2014 $1,585 $73,300 $2,900 $70,400
2013 $1,524 $73,300 $2,900 $70,400
Source: Public Records

Agents Affiliated with this Home

  • Scott Wynkoop

    Seller's Agent in 2021

    Scott Wynkoop

    Wynkoop Brokerage Firm, LLC

    (317) 590-5032

    8 in this area

    267 Total Sales

    Scott Wynkoop
    Section Image

  • D

    Buyer's Agent in 2021

    Daniel McNeal

    @properties

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21760349

MIBOR Broker Listing Cooperative®

APN: 49-10-18-106-010.000-101

Indiana Marion County Indianapolis 46203 Near Southeast

1637 Spruce St, Indianapolis, IN

This home is located at 1637 Spruce St, Indianapolis, IN 46203 since 15 January 2021 and is currently estimated at $186,000, approximately $139 per square foot. This property was built in 1914. 1637 Spruce St 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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