NOT LISTED FOR SALE

Estimated Value: $443,000 - $601,000

4 Beds
3 Baths
3,272 Sq Ft
$155/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $400,630 $122 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,120/month

20 Days on Market

Highlights

  • Vaulted Ceiling
  • Victorian Architecture
  • Woodwork
  • Wood Flooring
  • Formal Dining Room
  • Security System Owned

About This Home

As of August 2020

MUST SEE! Newly renovated Victorian home on the best street in beautiful Fall Creek Place and adjacent to the Oaks Academy! A home designed for entertaining and enjoying time together with an open concept first floor and huge chef’s kitchen. This home boasts of spacious bedrooms and impressive closet space. Don’t miss the large unfinished attic, perfect if you’re looking to expand your living spaces even further. Swing on the porch while the sweetest neighbors in Indy greet you as they walk by. Host guests outside in the fenced front yard or outback by the fire pit.

Last Agent to Sell the Property

Michael Melton

Listed on: 06/26/2020

Last Buyer's Agent

Natalie Clayton

Maywright Property Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,970

Year Built

  • Built in 1910

Lot Details

  • 8,189 Sq Ft Lot
  • Back Yard Fenced

HOA Fees

  • $15 Monthly HOA Fees

Home Design

  • Victorian Architecture
  • Brick Foundation
  • Block Foundation

Interior Spaces

  • 3-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Formal Dining Room
  • Storage
  • Laundry on main level
  • Unfinished Basement
  • Basement Cellar
  • Permanent Attic Stairs
  • Security System Owned

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Association fees include parkplayground, snow removal
  • Bruces, James A & Margaret Subdivision
  • Property managed by Fall Creek Place HOA
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 490625185038000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,970

Year Built

Built in 1910

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Victorian
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1910
  • Building Area Total: 3272
  • Garage Y N: No
  • Lot Size Acres: 0.188
  • Subdivision Name: BRUCES, JAMES A & MARGARET
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Open House Count: 1
  • Open House Public Count: 1
  • Accessibility Features YN: 0
  • MBR_AttributionContact: inspiredindy@kw.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Cellar, Unfinished
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Levels: Three Or More
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Interior Amenities: Attic Stairway, Raised Ceiling(s), Hardwood Floors, Supplemental Storage, WoodWorkStain/Painted
  • Other Equipment: Security Alarm Paid
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2237
  • Main Level Sq Ft: 1202
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: TubFull with Shower
  • Kitchen Features: Kitchen Eat In,Kitchen Updated
  • Below Grade Sq Ft: 1035
  • Upper Level Sq Ft: 1035
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Exterior Features: Fence Full Rear, Fence Partial
  • Foundation Details: Block, Brick
  • Association Maintained Building Exterior: 0
  • Porch: Covered Patio,Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None
  • Garage Parking Other: Street Parking Only

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Heat Pump
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 175
  • Association Fee Frequency: Annually
  • Management Company Name: Fall Creek Place HOA
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: ParkPlayground, Snow Removal

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490625185038000101
  • Acres: <1/4 Acre
  • Lot Information: Corner,Sidewalks,Storm Sewer,Street Lights
  • Lot Number: 56
  • Lot Size: .188

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2970
  • Semi Annual Property Tax Amt: 1485
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Aug 20, 2020
Sold by
Melton Michael T and Melton Valerie R
Bought by
Hess Abram and Hess Sara
Seller's Agent
Michael Melton
Buyer's Agent
Natalie Clayton
Maywright Property Co.
List Price
$430,000
Sold Price
$400,630
Premium/Discount to List
-$29,370
-6.83%
Current Estimated Value
$507,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,293
Avg. Annual Appreciation
4.55%
Original Mortgage
$400,630
Outstanding Balance
$353,914
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$154,009

Purchase Details

Listed on
Oct 1, 2018
Closed on
Mar 16, 2019
Sold by
Wendahl Mackenzie and Wendahl Michael
Bought by
Melton Michael T and Melton Valerie R
Seller's Agent
Patrick Bragg
F.C. Tucker Company
Buyer's Agent
Michael Melton
List Price
$399,999
Sold Price
$328,000
Premium/Discount to List
-$71,999
-18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.24%
Original Mortgage
$328,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 12, 2016
Closed on
Dec 28, 2016
Sold by
Morris Melvin D
Bought by
Wendahl Mackenzie and Wendahl Michael
Seller's Agent
Marcia Souers
eXp Realty, LLC
Buyer's Agent
Patrick Bragg
F.C. Tucker Company
List Price
$324,900
Sold Price
$285,000
Premium/Discount to List
-$39,900
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%
Original Mortgage
$283,700
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2015
Sold by
Morris Melvin D
Bought by
Zmc Properties Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hess Abram $400,630 Chicago Title
Melton Michael T -- None Available
Wendahl Mackenzie -- None Available
Zmc Properties Inc -- Chicago Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hess Abram $400,630
Previous Owner Melton Michael T $328,000
Previous Owner Wendahl Mackenzie $283,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/20/2020 08/20/20 Sold $400,630 -4.0% $122 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
07/09/2020 07/09/20 Price Changed $417,500 -2.9% $128 / Sq Ft
06/26/2020 06/26/20 For Sale $430,000 +31.1% $131 / Sq Ft
03/26/2019 03/26/19 Sold $328,000 -3.5% $100 / Sq Ft View Prior Sale
02/22/2019 02/22/19 Pending -- -- --
12/14/2018 12/14/18 Price Changed $339,999 -1.4% $104 / Sq Ft
11/21/2018 11/21/18 Price Changed $344,999 -1.4% $105 / Sq Ft
10/29/2018 10/29/18 Price Changed $349,999 -6.6% $107 / Sq Ft
10/12/2018 10/12/18 Price Changed $374,900 -6.3% $115 / Sq Ft
10/01/2018 10/01/18 For Sale $399,999 +40.4% $122 / Sq Ft
12/28/2016 12/28/16 Sold $285,000 0.0% $87 / Sq Ft View Prior Sale
11/23/2016 11/23/16 Off Market $285,000 -- --
11/14/2016 11/14/16 For Sale $324,900 +14.0% $99 / Sq Ft
11/11/2016 11/11/16 Off Market $285,000 -- --
10/05/2016 10/05/16 For Sale $324,900 +14.0% $99 / Sq Ft
09/20/2016 09/20/16 Off Market $285,000 -- --
08/10/2016 08/10/16 Price Changed $324,900 -7.1% $99 / Sq Ft
05/12/2016 05/12/16 For Sale $349,900 -- $107 / 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 $5,226 $417,300 $82,400 $334,900
2023 $5,226 $428,800 $82,400 $346,400
2022 $4,638 $391,300 $82,400 $308,900
2021 $4,006 $335,200 $31,400 $303,800
2020 $3,899 $325,100 $31,400 $293,700
2019 $3,774 $308,600 $31,400 $277,200
2018 $3,560 $287,800 $31,400 $256,400
2017 $2,908 $265,400 $31,400 $234,000
2016 $1,592 $73,000 $29,800 $43,200
2014 $2,270 $105,000 $69,700 $35,300
2013 $1,721 $102,700 $69,700 $33,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21721227

MIBOR Broker Listing Cooperative®

APN: 49-06-25-185-038.000-101