NOT LISTED FOR SALE

Estimated Value: $503,000 - $557,921

4 Beds
2.5 Baths
2,977 Sq Ft
$176/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $420,000 $141 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,217/month

4 Days on Market

Highlights

  • Mature Trees
  • Traditional Architecture
  • Outdoor Water Feature
  • Family Room with Fireplace
  • Wood Flooring
  • Wood Frame Window

About This Home

As of September 2021

Purchased to 'flip' but the sellers fell in love w/character of this home & walkability of Meridian Kessler Terrace.
EVERYTHING updated/renewed/rehabilitated to the finest finishes of artisan craftsmanship. Abundance of
gorgeous leaded glass windows allow natural light to stream in. Refinished original hardwoods, new travertine
entry, ceramic tile floors. New ceilings, baseboards, window trim, doors, insulation, window wells, sidewalks,
driveway, complete kitchen remodel (2x), Masterpiece new bathrooms w/extensive custom tile work &
top level luxury fixtures. 2 fireplaces refreshed, lower level completely redone–½ bath & kitchenette added,
new ceilings, floors, windows. Screened porch. Slate tile outdoor living area w/fountain

Last Agent to Sell the Property

Rae-Jean Langley

Keller Williams Indpls Metro N Listed on: 08/12/2021

Keller Williams Indpls Metro N

Last Buyer's Agent

Emily Humphrey

Carpenter, REALTORS®

Carpenter, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,914

Year Built

  • Built in 1947

Lot Details

  • 9,801 Sq Ft Lot
  • Privacy Fence
  • Back Yard Fenced
  • Mature Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Bar Fridge
  • Woodwork
  • Gas Log Fireplace
  • Thermal Windows
  • Wood Frame Window
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Attic Access Panel

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Finished Basement

  • Sump Pump
  • Basement Window Egress

Home Security

  • Radon Detector
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Water Feature
  • Shed

Utilities

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

Community Details

  • Meridian Kessler Terrace Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 490601114198000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,914

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1947
  • Building Area Total: 2977
  • Garage Y N: Yes
  • Lot Size Acres: 0.225
  • Subdivision Name: MERIDIAN KESSLER TERRACE
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Website: www.VeryLovelyHome.com
  • MBR_AttributionContact: IndyHomeResource@yahoo.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Egress Window(s)
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Disposal, Microwave, Electric Oven, Refrigerator, Bar Fridge
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log, Living Room, Woodburning Fireplce
  • Fireplaces: 2
  • Interior Amenities: Attic Access, Walk-in Closet(s), Hardwood Floors, Windows Thermal, Windows Wood, Wood Work Painted
  • Other Equipment: Radon System, Smoke Detector, Sump Pump, Programmable Thermostat
  • Areas Interior: Bedroom Other on Main,Foyer Large,Living Room Formal
  • Eating Area: Breakfast Room,Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1962
  • Main Level Sq Ft: 1035
  • Basement Half Bathrooms: 1
  • Main Half Bathrooms: 0
  • Kitchen Features: Breakfast Bar,Kitchen Updated
  • Below Grade Sq Ft: 1015
  • Upper Level Sq Ft: 927
  • Pct Optional Level Finished: 100%

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Barn Storage, Fence Full Rear, Fence Privacy, Water Feature Fountain
  • Foundation Details: Block, Full
  • List Price: 397000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch,Screened in Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage,Side Load Garage,Storage Area

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Connected,Gas Connected
  • Water Heater: Gas

Condo/Co-op/Association

  • H O A Disclosures: Covenants & Restrictions

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490601114198000801
  • Acres: <1/4 Acre
  • Lot Information: Tree Mature
  • Lot Number: 16
  • Lot Size: 70X140

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2914
  • Semi Annual Property Tax Amt: 1457
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 20, 2021
Sold by
Obrien Edward A and Obrien Judith M
Bought by
Lux Edward F and Lux Lindsay G
Seller's Agent
Rae-Jean Langley
Keller Williams Indpls Metro N
Buyer's Agent
Emily Humphrey
Carpenter, REALTORS®
List Price
$397,000
Sold Price
$420,000
Premium/Discount to List
$23,000
5.79%
Current Estimated Value
$524,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,980
Avg. Annual Appreciation
5.63%
Original Mortgage
$399,000
Interest Rate
2.99%
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
Lux Edward F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lux Edward F $399,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2021 09/20/21 Sold $420,000 +5.8% $141 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $397,000 -- $133 / 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 $5,192 $419,500 $54,200 $365,300
2023 $5,192 $424,500 $54,200 $370,300
2022 $5,460 $424,500 $54,200 $370,300
2021 $3,457 $288,000 $34,300 $253,700
2020 $3,014 $250,300 $34,300 $216,000
2019 $3,110 $253,500 $34,300 $219,200
2018 $2,959 $239,300 $34,300 $205,000
2017 $2,473 $224,100 $34,300 $189,800
2016 $2,407 $223,000 $34,300 $188,700
2014 $2,396 $222,100 $34,300 $187,800
2013 $2,338 $225,200 $34,300 $190,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21803068

MIBOR Broker Listing Cooperative®

APN: 49-06-01-114-198.000-801