NOT LISTED FOR SALE

1643 Cornell Ave Indianapolis, IN 46202

Near Northside Neighborhood

Estimated Value: $430,000

4 Beds
3 Baths
3,322 Sq Ft
$129/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $125,000 $38 Per Sq Ft

Est. 244% increase in value since last sale

Current estimated payment $2,992/month

19 Days on Market

Highlights

  • Vaulted Ceiling
  • Covered Patio or Porch
  • 1-minute walk to Frank and Judy O'Bannon Old Northside Soccer Park

About This Home

As of December 2018

Incredible redevelopment opportunity in the exploding Monon 16 neighborhood. Amazing ceiling height and great layout possibilities. Down the street from Cannonball Brewing and West Fork Whiskey. Around the corner from Festiva, Provider, The Oaks Academy, and the Monon Trail. Could be renovated as a Single Family home or a Duplex. House is in need of total restoration, being sold as-is. Large attic could be developed for another 1,000 sq ft of living space.

Last Agent to Sell the Property

Laura Booram

@properties License #RB17001550 Listed on: 10/23/2018

@properties

Last Buyer's Agent

Kristen Yazel

CENTURY 21 Scheetz

CENTURY 21 Scheetz

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,020

Year Built

  • Built in 1900

Lot Details

  • 5,358

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Non-Functioning Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Covered Patio or Porch
  • 5,358 Sq Ft Lot
  • No Water Heater

Listing and Financial Details

  • Assessor Parcel Number 490731225003000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,020

Year Built

Built in 1900

Lot Details

5,358 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Two Story
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1900
  • Garage Y N: No
  • Lot Size Acres: 0.123
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Incredible redevelopment opportunity in the exploding Monon 16 neighborhood. Amazing ceiling height and great layout possibilities. Down the street from Cannonball Brewing and West Fork Whiskey. Around the corner from Festiva, Provider, The Oaks Academy, and the Monon Trail. Could be renovated as a Single Family home or a Duplex. House is in need of total restoration, being sold as-is. Large attic could be developed for another 1,000 sq ft of living space.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: None
  • Levels: Two
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Non Functional
  • Interior Amenities: Raised Ceiling(s)
  • Living Area: 3322
  • Other Equipment: Not Applicable
  • Room Count: 2
  • Eating Area: None
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 3000
  • Main Level Sq Ft: 1800
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 3322
  • Below Grade Sq Ft: 322
  • Upper Level Sq Ft: 1200
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Not Applicable
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Fuel: No Fuel Source
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: None
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: No Water Heater

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: None

Fee Information

  • Association Fee Includes: Other
  • Mandatory Fee: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490731225003000101
  • Acres: <1/4 Acre
  • Lot Information: Curbs,Sidewalks,Not In Subdivision
  • Lot Number: 6
  • Lot Size: 5,358

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2020
  • Semi Annual Property Tax Amt: 1010
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2021
Sold by
Indy Opportunity Fund Llc
Bought by
Department Of Public Works City Of India
Current Estimated Value
$430,000

Purchase Details

Listed on
Oct 23, 2018
Closed on
Dec 14, 2018
Sold by
Reeves Clint W and Head Lindsey A
Bought by
Indy Opportunity Fund Llc
Seller's Agent
Laura Booram
@properties
Buyer's Agent
Kristen Yazel
CENTURY 21 Scheetz
List Price
$150,000
Sold Price
$125,000
Premium/Discount to List
-$25,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.55%

Purchase Details

Closed on
Jun 1, 2018
Sold by
Roell Brandon
Bought by
Head Lindsey A and Reeves Clint W

Purchase Details

Closed on
Jan 31, 2018
Sold by
Voorhies Julie L
Bought by
Brandon Roell

Purchase Details

Closed on
Sep 13, 2014
Sold by
Najiy Saboor

Purchase Details

Closed on
Sep 8, 2009
Sold by
Robinson James E
Bought by
Najiy Saboor

Purchase Details

Closed on
Jun 28, 2006
Sold by
Collins Marian Elizabeth
Bought by
Robinson James E
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
Department Of Public Works City Of India $4,895 None Available
Indy Opportunity Fund Llc $125,000 Meridian Title Corporation
Head Lindsey A $80,000 --
Reeves Clint W $80,000 Meridian Title Corporation
Brandon Roell $12,200 --
Roell Brandon $12,221 --
-- $500 --
Flrc Land Trust #1643 -- None Available
Najiy Saboor -- None Available
Robinson James E -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2018 12/14/18 Sold $125,000 -7.4% $38 / Sq Ft
11/12/2018 11/12/18 Pending -- -- --
11/05/2018 11/05/18 Price Changed $135,000 -10.0% $41 / Sq Ft
10/23/2018 10/23/18 For Sale $150,000 -- $45 / 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 $9,051 $300,000 $67,400 $232,600
2024 $9,167 $381,400 $67,400 $314,000
2023 $9,167 $381,400 $67,400 $314,000
2022 $8,590 $381,400 $67,400 $314,000
2021 $7,773 $332,300 $22,500 $309,800
Source: Public Records

Agents Affiliated with this Home

  • Laura Booram

    Seller's Agent in 2018

    Laura Booram

    @properties

    (317) 697-1557

    6 in this area

    97 Total Sales

    Laura Booram
    Section Image

  • K

    Buyer's Agent in 2018

    Kristen Yazel

    CENTURY 21 Scheetz

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21603718

MIBOR Broker Listing Cooperative®

APN: 49-07-31-225-003.000-101

Indiana Marion County Indianapolis 46202 Near Northside

1643 Cornell 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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