NOT LISTED FOR SALE

1847 N Delaware St Indianapolis, IN 46202

Near Northside Neighborhood

Estimated Value: $837,000 - $1,085,744

3 Beds
3 Baths
2,584 Sq Ft
$378/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $1,100,000 $426 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $6,038/month

28 Days on Market

Highlights

  • Guest House
  • 0.38 Acre Lot
  • Cathedral Ceiling
  • Newly Remodeled
  • Craftsman Architecture
  • 2-minute walk to Herron-Morton Place Historic Park

About This Home

As of June 2024

Extraordinary opportunity to own a custom Craftsman-style home in Indy, complete w/ an income-generating carriage house. 1847 N Delaware, a remarkable custom Craftsman-style home situated on TWO oversized lots w/ nearly 40 trees in vibrant Herron Morton. Built in 2003 w/ a design that exudes timeless charm. Step inside & you'll be greeted by an open layout adorned w/ large windows that flood the space w/ natural light, allowing you to enjoy picturesque views of the vibrant yard. The main floor & outdoor living space provide the ideal setting for entertaining guests. But what truly sets this property apart is the income-producing 3-car carriage house. Topped w/ a luxurious 2-bedroom apartment, it consistently generates strong rental income.

Last Agent to Sell the Property

Jess Martin

Maywright Property Co. Brokerage Email: jess@maywright.com License #RB14044376 Listed on: 03/07/2024

Last Buyer's Agent

Catherine Fese

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,364

Year Built

  • Built in 2003 | Newly Remodeled

Lot Details

  • 0.38 Acre Lot
  • Sprinkler System

Parking

  • 3 Car Detached Garage
  • Electric Vehicle Home Charger
  • Alley Access
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Wired For Sound
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Family or Dining Combination
  • Wood Flooring
  • Attic Access Panel
  • Smart Locks
  • Dryer

Kitchen

  • Oven
  • Gas Cooktop
  • Down Draft Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom

Additional Homes

  • Guest House

Utilities

  • Forced Air Heating System
  • Programmable Thermostat
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Morton Subdivision

Listing and Financial Details

  • Tax Lot 490636158124000101
  • Assessor Parcel Number 490636158124000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,364

Year Built

Built in 2003 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 2003
  • Building Area Total: 2584
  • Garage Y N: Yes
  • Lot Size Acres: 0.38
  • Subdivision Name: Morton
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: jess@maywright.com
  • Attribution Contact: jess@maywright.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Gas Cooktop, Dishwasher, Down Draft, Dryer, Oven, Refrigerator, Tankless Water Heater
  • Levels: Three Or More
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Bath Sinks Double Main, Cathedral Ceiling(s), Entrance Foyer, Hardwood Floors, Hi-Speed Internet Availbl, In-Law Arrangement, Programmable Thermostat, Surround Sound Wiring, Walk-in Closet(s), Windows Thermal
  • Living Area: 2584
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1328
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 1256
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Cement Siding
  • Exterior Features: Carriage/Guest House, Smart Lock(s), Sprinkler System
  • Fencing: Fence Complete, Fence Full Rear, Front Yard, Gate
  • Foundation Details: Concrete Perimeter
  • Property Condition: New Construction, Updated/Remodeled

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Alley Access, Detached, Electric Vehicle Service Equipment (EVSE), Garage Door Opener
  • Garage Parking Other: Finished Garage,Keyless Entry

Utilities

  • Utilities: Cable Available
  • Cooling: Central Electric
  • Heating: Forced Air
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 16379
  • Parcel Number: 490636158124000101
  • Acres: 1/4-1/2 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 9364
  • Tax Lot: 490636158124000101
  • Semi Annual Property Tax Amt: 4682
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
Jun 28, 2024
Sold by
Lushin Elliott B and Lushin Erin N
Bought by
Torrey Keith and Moffitt Cynthia
Seller's Agent
Jess Martin
Maywright Property Co.
Buyer's Agent
Catherine Fese
F.C. Tucker Company
List Price
$1,100,000
Sold Price
$1,100,000
Views
56
Current Estimated Value
$977,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$122,314
Avg. Annual Appreciation
-8.48%
Original Mortgage
$990,000
Outstanding Balance
$962,425
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$15,261

Purchase Details

Listed on
Mar 7, 2024
Closed on
Jun 25, 2024
Sold by
Lushin Elliott B and Lushin Erin N
Bought by
Torrey Keith and Moffitt Cynthia
Seller's Agent
Jess Martin
Maywright Property Co.
Buyer's Agent
Catherine Fese
F.C. Tucker Company
List Price
$1,100,000
Sold Price
$1,100,000
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Outstanding Balance
$962,425
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$15,261

Purchase Details

Listed on
Feb 29, 2016
Closed on
Aug 12, 2016
Sold by
Forman Thomas R and May John K
Bought by
Lushin Elliott B and Lushin Erin N
Seller's Agent
Joe Everhart
Everhart Studio, Ltd.
Buyer's Agent
Fred Krawczyk
F.C. Tucker Company
List Price
$650,000
Sold Price
$590,000
Premium/Discount to List
-$60,000
-9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.23%
Original Mortgage
$554,951
Interest Rate
3.42%
Mortgage Type
VA
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
Torrey Keith -- None Listed On Document
Torrey Keith $1,100,000 None Listed On Document
Lushin Elliott B -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torrey Keith $990,000
Closed Torrey Keith $990,000
Previous Owner Lushin Elliott B $554,951
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2024 06/28/24 Sold $1,100,000 0.0% $426 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $1,100,000 +86.4% $426 / Sq Ft
08/12/2016 08/12/16 Sold $590,000 0.0% $226 / Sq Ft View Prior Sale
06/26/2016 06/26/16 Off Market $590,000 -- --
04/12/2016 04/12/16 Price Changed $600,000 -7.7% $230 / Sq Ft
02/29/2016 02/29/16 For Sale $650,000 -- $249 / 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 $10,744 $832,400 $246,800 $585,600
2023 $10,744 $867,200 $246,800 $620,400
2022 $9,365 $839,400 $246,800 $592,600
2021 $8,217 $679,400 $94,200 $585,200
2020 $7,597 $619,600 $48,800 $570,800
2019 $7,406 $590,300 $48,800 $541,500
2018 $7,343 $579,500 $48,800 $530,700
2017 $6,016 $469,900 $48,800 $421,100
2016 $4,018 $375,000 $41,500 $333,500
2014 $3,886 $357,400 $41,500 $315,900
2013 $3,669 $352,000 $41,500 $310,500
Source: Public Records

Agents Affiliated with this Home

  • Jess Martin

    Seller's Agent in 2024

    Jess Martin

    Maywright Property Co.

    (317) 650-8590

    4 in this area

    165 Total Sales

    Jess Martin
    Section Image

  • C

    Buyer's Agent in 2024

    Catherine Fese

    F.C. Tucker Company

    Section Image
  • Joe Everhart

    Seller's Agent in 2016

    Joe Everhart

    Everhart Studio, Ltd.

    (317) 701-0479

    20 in this area

    223 Total Sales

    Joe Everhart
    Section Image
  • Rob Measel

    Seller Co-Listing Agent in 2016

    Rob Measel

    F.C. Tucker Company

    (812) 208-0498

    17 in this area

    236 Total Sales

    Rob Measel
    Section Image

  • F

    Buyer's Agent in 2016

    Fred Krawczyk

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21967204

MIBOR Broker Listing Cooperative®

APN: 49-06-36-158-124.000-101

Indiana Marion County Indianapolis 46202 Near Northside

1847 N Delaware St, Indianapolis, IN

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