NOT LISTED FOR SALE

324 E 7th St Indianapolis, IN 46202

Renaissance Place Neighborhood

Estimated Value: $339,866 - $374,000

2 Beds
1.5 Baths
1,120 Sq Ft
3,049 Sq Ft Lot

Last Sold April 07, 2017

Last sale price $254,000 $227 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,290/month

2 Days on Market

Highlights

  • Vaulted Ceiling
  • Walk-In Closet
  • Central Air
  • Woodwork
  • Programmable Thermostat
  • Garage

About This Home

As of April 2017

Don't miss out on this one! This condo is on a quite street with views of the downtown! Home features an updated kitchen with granite & hardwood laminated floors throughout main level. Master bedroom has a walk-in closet & balcony facing downtown. Master bath features double sinks & large tiled shower. Entertain your guest in the great room around the fireplace or on the fully fenced patio! This fantastic condo puts you within walking distance to Mass Ave & major attractions in the downtown.

Last Agent to Sell the Property

Jerry Gemmecke

F.C. Tucker Company License #RB15000799 Listed on: 02/27/2017

F.C. Tucker Company

Last Buyer's Agent

Jennifer Wolfe

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,142

Year Built

  • Built in 1982

Lot Details

  • Privacy Fence

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Aluminum Window Frames
  • Window Screens
  • Great Room with Fireplace
  • Attic Access Panel
  • Radon Detector

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Driveway

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater

Community Details

  • Association fees include insurance, lawncare, professional mgmt, snow removal
  • Renaissance Place Subdivision
  • Property managed by Cas-Indiana

Listing and Financial Details

  • Assessor Parcel Number 491101206019000101

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,142

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemp, Two Story
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1982
  • Garage Y N: Yes
  • Lot Size Acres: 0.07
  • Subdivision Name: RENAISSANCE PLACE
  • Inspection Warranties: Not Applicable
  • Property Description: Don't miss out on this one! This condo is on a quite street with views of the downtown! Home features an updated kitchen with granite & hardwood laminated floors throughout main level. Master bedroom has a walk-in closet & balcony facing downtown. Master bath features double sinks & large tiled shower. Entertain your guest in the great room around the fireplace or on the fully fenced patio! This fantastic condo puts you within walking distance to Mass Ave & major attractions in the downtown.
  • Transaction Type: Sale
  • Floor Number: 1
  • Unit Entry Level: 1
  • F H A Certified: 1
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, MicroHood, Electric Oven, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Vaulted Ceiling(s), Walk-in Closet(s), Screens Complete, Window Metal, Wood Work Painted
  • Living Area: 1120
  • Other Equipment: Network Ready, Radon System, Programmable Thermostat
  • Room Count: 5
  • Areas Interior: Bath Sinks Dbl Main,Foyer Small,Great Room - 2 Story,Laundry Closet,Laundry Room Main Level
  • Eating Area: Dining Combo/Great Room,Kitchen Galley
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1120
  • Main Level Sq Ft: 550
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Balcony,Closet Walk in,Shower Stall Full,Sinks Double
  • Total Sq Ft: 1120
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 570
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fence Privacy
  • Foundation Details: Slab
  • List Price: 255000
  • Association Maintained Building Exterior: 1
  • Porch: Balcony,Open Patio

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Attached
  • Garage Parking Other: Garage Door Opener,Keyless Entry

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Connected,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: Cas-Indiana
  • Management Company Phone: 317-875-5600
  • Condo Description Location: Building Private Entry,End Unit

Fee Information

  • Association Fee Includes: Insurance, Insurance, Lawncare, Professional Mgmt, Snow Removal
  • Mandatory Fee: 161

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491101206019000101
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Storm Sewer,Street Lights,Tree Mature
  • Lot Number: 29
  • Lot Size: .07 Ac

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2142
  • Semi Annual Property Tax Amt: 1071
  • Tax Exemption: HmsdTaxExpFiledNotReflected,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2021
Sold by
Morris Melvin D and Morris Kayla K
Bought by
Rowley Thomas
Total Days on Market
2
Current Estimated Value
$357,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,460
Outstanding Balance
$237,868
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$108,581

Purchase Details

Listed on
Feb 27, 2017
Closed on
Apr 7, 2017
Sold by
Newsom Eric T
Bought by
Morris Melvin D and Morris Kayla K
Seller's Agent
Jerry Gemmecke
F.C. Tucker Company
Buyer's Agent
Jennifer Wolfe
eXp Realty, LLC
List Price
$255,000
Sold Price
$254,000
Premium/Discount to List
-$1,000
-0.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.87%
Original Mortgage
$249,399
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 2010
Sold by
Hildebrandt Ashley R and Hildebrandt Timothy A
Bought by
Newsom Eric T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,600
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2009
Sold by
Hildebrandt Ashley R and Hildebrandt Timothy A
Bought by
Hildebrandt Ashley R and Hildebrandt Timothy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2007
Sold by
Kevin Kitty
Bought by
Geideman Ashley R and Hildebrandt Timothy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
6.63%
Mortgage Type
New Conventional
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
Rowley Thomas $289,400 Indiana Home Title
Morris Melvin D $254,000 --
Morris Melvin D $254,000 Best Title Services
Newsom Eric T -- None Available
Hildebrandt Ashley R -- None Available
Geideman Ashley R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rowley Thomas $260,460
Previous Owner Morris Melvin D $242,100
Previous Owner Morris Melvin D $249,399
Previous Owner Newsom Eric T $131,600
Previous Owner Hildebrandt Ashley R $133,600
Previous Owner Geideman Ashley R $166,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2017 04/07/17 Sold $254,000 -0.4% $227 / Sq Ft
03/02/2017 03/02/17 Pending -- -- --
02/27/2017 02/27/17 For Sale $255,000 -- $228 / 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 $3,507 $289,800 $56,900 $232,900
2023 $3,507 $289,800 $56,900 $232,900
2022 $5,338 $285,200 $56,900 $228,300
2021 $3,322 $279,600 $53,500 $226,100
2020 $3,193 $267,900 $53,500 $214,400
2019 $3,057 $251,800 $53,500 $198,300
2018 $2,975 $243,100 $53,500 $189,600
2017 $2,270 $208,100 $53,500 $154,600
2016 $2,144 $200,700 $53,500 $147,200
2014 $1,884 $175,600 $53,500 $122,100
2013 $1,750 $165,400 $53,500 $111,900
Source: Public Records

Agents Affiliated with this Home

  • Jerry Gemmecke

    Seller's Agent in 2017

    Jerry Gemmecke

    F.C. Tucker Company

    (317) 445-2434

    275 Total Sales

    Jerry Gemmecke
    Section Image
  • Jennifer Wolfe

    Buyer's Agent in 2017

    Jennifer Wolfe

    eXp Realty, LLC

    (317) 911-9111

    1 in this area

    70 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21454020

MIBOR Broker Listing Cooperative®

APN: 49-11-01-206-019.000-101

Indiana Marion County Indianapolis 46202 Renaissance Place

324 E 7th St, Indianapolis, IN

This home is located at 324 E 7th St, Indianapolis, IN 46202 since 27 February 2017 and is currently estimated at $357,217, approximately $318 per square foot. This property was built in 1982. 324 E 7th St is a home located in Marion County with nearby schools including Washington Irving School 14, Arsenal Technical High School, and George Washington Community High School (9-12).

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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