NOT LISTED FOR SALE

Estimated Value: $175,254

1 Bed
1 Bath
942 Sq Ft
1965 Built

Sale Details

Date Sold: May 29, 2020

Last sale price $140,000 $149 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,140 / mo

34 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Balcony
  • Woodwork
  • Community Pool
  • 1 Car Attached Garage
  • 2-minute walk to Tarkington Park

About This Home

As of May 2020

Easy Condo living at it's best! Just steps from the Red Line, this extremely quiet & secure building with elevators, underground parking, salt water pool & gym won't be on the market long. It's the perfect sanctuary for the owner who enjoys carefree living. Lots of nice updates! Heat/hot water/AC/water/sewage & trash included in association fee! Low taxes, strong sense of community among residents & solid assoc board make this the right place to call home. The Mid-Century Modern style of the two buildings is unique to the Meridian Kessler/Mid-Town area. Lobbies are appointed in appropriate fresh decor. The Modern consists of 2 blds. This one sits at the corner of Penn & 40th beginning historic Meridian Kessler. Location! Location! Location!

Last Agent to Sell the Property

James Kirby Stearley

Dropped Members License #RB14051966 Listed on: 03/05/2020

Dropped Members

Last Buyer's Agent

Joel McWaters

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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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $782

Year Built

  • Built in 1965

Parking

  • 1 Car Attached Garage

Home Design

  • Midcentury Modern Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 942 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Vinyl Clad Windows
  • Window Screens
  • Family or Dining Combination
  • Storage

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Easy To Use Faucet Levers

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Utilities

  • Central Air
  • Hot Water Heating System
  • No Water Heater

Additional Features

  • Accessible Elevator Installed
  • Two or More Common Walls

Listing and Financial Details

  • Assessor Parcel Number 490613150130024801

Community Details

Overview

  • Association fees include common cooling, common heat, laundry connection in unit, lawncare, maintenance structure, pool, management, snow removal, trash, sewer
  • Mid-Rise Community
  • The Modern Subdivision
  • Property managed by Kirkpatrick

Recreation

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$782

Year Built

Built in 1965

Lot Details

0 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Mid-Century Modern, Multi-Level
  • Property Type: Residential
  • New Construction: No
  • Accessibility Features: Elevator, Faucets with lever control
  • Tax Year: 2020
  • Year Built: 1965
  • Garage Y N: Yes
  • Subdivision Name: The Modern
  • Inspection Warranties: Not Applicable
  • Property Description: Easy Condo living at it's best! Just steps from the Red Line, this extremely quiet & secure building with elevators, underground parking, salt water pool & gym won't be on the market long. It's the perfect sanctuary for the owner who enjoys carefree living. Lots of nice updates! Heat/hot water/AC/water/sewage & trash included in association fee! Low taxes, strong sense of community among residents & solid assoc board make this the right place to call home. The Mid-Century Modern style of the two buildings is unique to the Meridian Kessler/Mid-Town area. Lobbies are appointed in appropriate fresh decor. The Modern consists of 2 blds. This one sits at the corner of Penn & 40th beginning historic Meridian Kessler. Location! Location! Location!
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Accessibility Features YN: 1
  • Floor Number: 4
  • Lifestyles: Mid Rise/High Rise
  • Unit Entry Level: 1
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, MicroHood, Microwave, Electric Oven, Refrigerator, Washer, Wine Cooler
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Screens Complete, Supplemental Storage, Windows Vinyl, Wood Work Painted
  • Living Area: 942
  • Other Equipment: Elevator Common, Network Ready, Smoke Detector
  • Room Count: 5
  • Areas Interior: Laundry in Unit
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 942
  • Main Level Sq Ft: 942
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 942
  • Kitchen Features: Breakfast Bar,Kitchen Galley,Kitchen Updated,Pantry
  • Below Grade Sq Ft: 0

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Pool Community
  • Foundation Details: Concrete Perimeter
  • Association Maintained Building Exterior: 1
  • Porch: Balcony

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Electric
  • Garage Parking Description: Attached
  • Garage Parking Other: Assigned Parking

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Hot Water
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: No Water Heater

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: Kirkpatrick
  • Management Company Phone: 317-570-4358
  • H O A Disclosures: Covenants & Restrictions,Rental Restrictions,Rules & Regulations,Transfer Fee
  • Condo Description Location: Building Common Entry
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Common Cooling, Common Heat, Laundry Connection In Unit, Lawncare, Maintenance Structure, Pool, Management, Snow Removal, Trash, Sewer
  • Mandatory Fee: 411

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490613150130024801
  • Acres: CndHPRCoop
  • Lot Information: Curbs,Sidewalks,Street Lights
  • Lot Number: 4E
  • Lot Size: 226

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 782
  • Semi Annual Property Tax Amt: 391
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
May 29, 2020
Sold by
Handlon Russell L
Bought by
Seller's Agent
James Kirby Stearley
Dropped Members
Buyer's Agent
Joel McWaters
List Price
$145,000
Sold Price
$140,000
Premium/Discount to List
-$5,000
-3.45%
Current Estimated Value
$175,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,254
Avg. Annual Appreciation
3.62%
Original Mortgage
$140,000
Outstanding Balance
$121,306
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$53,948

Purchase Details

Listed on
Mar 30, 2017
Closed on
May 5, 2017
Sold by
Marie C
Bought by
Russell Russell L and Russell Jr
Seller's Agent
Kristie Smith
Indy Homes
Buyer's Agent
Lannie Thompson
F.C. Tucker Company
List Price
$105,000
Sold Price
$102,000
Premium/Discount to List
-$3,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.87%
Original Mortgage
$91,800
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 30, 2017
Closed on
Apr 25, 2017
Sold by
Weiss Marie C and Weiss Anthony J
Bought by
Handlon Russell L
Seller's Agent
Kristie Smith
Indy Homes
Buyer's Agent
Lannie Thompson
F.C. Tucker Company
List Price
$105,000
Sold Price
$102,000
Premium/Discount to List
-$3,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,800
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2008
Sold by
Meridian Group Llc
Bought by
Weiss Marie C and Weiss Joan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,037
Interest Rate
6.39%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Meridian Kessler, IN

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$140,000 Eagle Land Title
Russell Russell L $102,000 --
Handlon Russell L -- Title Links Llc
Weiss Marie C -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $140,000
Previous Owner Handlon Russell L $91,800
Previous Owner Weiss Marie C $125,037
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/29/2020 05/29/20 Sold $140,000 -3.4% $149 / Sq Ft
04/09/2020 04/09/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $145,000 0.0% $154 / Sq Ft
03/10/2020 03/10/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $145,000 +42.2% $154 / Sq Ft
05/05/2017 05/05/17 Sold $102,000 0.0% $108 / Sq Ft View Prior Sale
05/04/2017 05/04/17 Price Changed $102,000 -2.9% $108 / Sq Ft
04/04/2017 04/04/17 For Sale $105,000 +2.9% $111 / Sq Ft
04/04/2017 04/04/17 Off Market $102,000 -- --
03/30/2017 03/30/17 For Sale $105,000 -- $111 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,711 $151,600 $14,400 $137,200
2024 $1,652 $149,400 $14,400 $135,000
2023 $1,652 $147,500 $14,400 $133,100
2022 $1,395 $126,400 $14,400 $112,000
2021 $1,417 $123,000 $14,400 $108,600
2020 $1,394 $122,200 $14,400 $107,800
2019 $877 $93,600 $14,400 $79,200
2018 $829 $89,900 $14,400 $75,500
2017 $616 $83,100 $14,400 $68,700
2016 $1,141 $52,800 $14,400 $38,400
2014 $1,223 $56,800 $14,400 $42,400
2013 $1,099 $53,000 $14,400 $38,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21696846

MIBOR Broker Listing Cooperative®

APN: 49-06-13-150-130.024-801

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