NOT LISTED FOR SALE

338 E Arch St Indianapolis, IN 46202

Renaissance Place Neighborhood

Estimated Value: $326,000 - $375,000

1 Bed
1.5 Baths
1,120 Sq Ft
2,496 Sq Ft Lot

Last Sold December 18, 2017

Last sale price $216,353 $193 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,362/month

106 Days on Market

Highlights

  • Vaulted Ceiling
  • Forced Air Heating and Cooling System
  • Garage
  • Traditional Architecture
  • Combination Kitchen and Dining Room

About This Home

As of December 2017

Location, location, location - opportunity in Renaissance Place with a 1BR 1.5BA with loft that is in need of TLC to turn it into your own chic modern condo. Priced below market to allow you to make your changes. Walk to everything on Mass Ave and the Cultural Trail. Short Uber ride to all of downtown, Fountain Sq and Broad Ripple. Reasonable HOA fees, outdoor space and low maintenance. Remodel the space to be you and enjoy the finished product. Loft has closet and can be 2nd bedroom. Potential!

Last Agent to Sell the Property

Andy Barton

Listed on: 07/19/2017

Last Buyer's Agent

Donald Killingback

Killingback Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,002

Year Built

  • Built in 1982

Lot Details

  • 2,496

Parking

  • Garage

Home Design

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

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Electric Oven
  • Built-In Microwave

Bedrooms and Bathrooms

  • 1 Bedroom

Utilities

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

Community Details

  • Association fees include insurance, maintenance, professional mgmt, snow removal
  • Renaissance Place Subdivision
  • Property managed by Renaissance Place HOA

Listing and Financial Details

  • Assessor Parcel Number 491101134008000101

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,002

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1982
  • Garage Y N: Yes
  • Lot Size Acres: 0.0573
  • Subdivision Name: RENAISSANCE PLACE
  • Inspection Warranties: Not Applicable
  • Property Description: Location, location, location - opportunity in Renaissance Place with a 1BR 1.5BA with loft that is in need of TLC to turn it into your own chic modern condo. Priced below market to allow you to make your changes. Walk to everything on Mass Ave and the Cultural Trail. Short Uber ride to all of downtown, Fountain Sq and Broad Ripple. Reasonable HOA fees, outdoor space and low maintenance. Remodel the space to be you and enjoy the finished product. Loft has closet and can be 2nd bedroom. Potential!
  • Transaction Type: Sale
  • Floor Number: 1
  • Unit Entry Level: 1
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: MicroHood, Electric Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 1120
  • Other Equipment: Not Applicable
  • Room Count: 6
  • Areas Interior: Foyer Small,Living Room - 2 Story,Laundry Room Main Level
  • Eating Area: Dining Combo/Kitchen
  • 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: Bedroom 2nd Master,Fireplace,Patio
  • Total Sq Ft: 1120
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 570
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Concrete Perimeter
  • Association Maintained Building Exterior: 1
  • Porch: Balcony,Open Patio

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Attached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: Renaissance Place HOA
  • Condo Description Location: Building Private Entry,Ground Level

Fee Information

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

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491101134008000101
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Street Lights,Tree Mature
  • Lot Number: 100
  • Lot Size: 2,496

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2002
  • Semi Annual Property Tax Amt: 1001
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2017
Closed on
Dec 11, 2017
Sold by
Cole Terry M
Bought by
Killingback Donald and Killingback Kim
Seller's Agent
Andy Barton
Buyer's Agent
Donald Killingback
Killingback Realty
List Price
$235,000
Sold Price
$216,353
Premium/Discount to List
-$18,647
-7.93%
Current Estimated Value
$343,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,185
Avg. Annual Appreciation
5.93%
Original Mortgage
$162,000
Outstanding Balance
$136,425
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$207,113
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
Killingback Donald -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Killingback Donald $162,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2017 12/18/17 Sold $216,353 -7.9% $193 / Sq Ft
07/19/2017 07/19/17 For Sale $235,000 -- $210 / 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 $6,739 $281,200 $48,300 $232,900
2023 $6,739 $281,200 $48,300 $232,900
2022 $6,686 $276,600 $48,300 $228,300
2021 $6,332 $271,600 $45,500 $226,100
2020 $6,084 $259,900 $45,500 $214,400
2019 $5,820 $243,800 $45,500 $198,300
2018 $2,887 $235,100 $45,500 $189,600
2017 $2,187 $200,100 $45,500 $154,600
2016 $2,062 $192,700 $45,500 $147,200
2014 $1,800 $167,600 $45,500 $122,100
2013 $1,665 $157,400 $45,500 $111,900
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Andy Barton

    Section Image

  • D

    Buyer's Agent in 2017

    Donald Killingback

    Killingback Realty

    (317) 760-3878

    2 in this area

    2 Total Sales

    Donald Killingback
    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21500621

MIBOR Broker Listing Cooperative®

APN: 49-11-01-134-008.000-101

Indiana Marion County Indianapolis 46202 Renaissance Place

338 E Arch St, Indianapolis, IN

Not Listed for Sale

Condos

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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.

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