NOT LISTED FOR SALE

Estimated Value: $199,000 - $249,000

2 Beds
2 Baths
1,323 Sq Ft
218 Sq Ft Lot

Last Sold October 31, 2018

Last sale price $166,500 $126 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,464/month

20 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Community Pool
  • Balcony
  • L-Shaped Dining Room
  • Elevator
  • 2-minute walk to Tarkington Park

About This Home

As of October 2018

Mid Century Modern located on the northside of the city, with easy access to downtown or Broad Ripple Village. Updated 2-bedroom, 2 bath, with an open floor plan living space. This condo has been freshly painted, has new carpet, new appliances and a new wine cooler. It's located on the 4th floor and faces north with lots of natural light. both bedrooms have wall to wall closets and there is an all in one W/D in the hall closet. The HVAC units were replaced in 2016 and are extremely quiet. HOA Fees include heating, AC, Water and sewer. Owners have access to Salt Water Pool and Exercise Room in the adjacent building. There is underground parking with excess parking on the front and back parking decks. No investors can buy this unit.

Last Listed By

Dana Wright

RE/MAX Advanced Realty License #RB15001257 Listed on: 09/15/2018

RE/MAX Advanced Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,202

Year Built

  • Built in 1965

Lot Details

  • 218

Parking

  • 1 Car Attached Garage

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation
  • Stone

Interior Spaces

  • 1,323 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Vinyl Clad Windows
  • Window Screens
  • L-Shaped Dining Room
  • Storage

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 490613150130073801

Community Details

Overview

  • Association fees include common cooling, exercise room, insurance, laundry connection in unit, lawncare, pool, sewer
  • Mid-Rise Condominium
  • 40 North On Meridian Subdivision
  • Property managed by Kirkpatrick Management Company
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Elevator

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,202

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Mid-Century Modern
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1965
  • Garage Y N: Yes
  • Subdivision Name: 40 NORTH ON MERIDIAN
  • Inspection Warranties: Not Applicable
  • Property Description: Mid Century Modern located on the northside of the city, with easy access to downtown or Broad Ripple Village. Updated 2-bedroom, 2 bath, with an open floor plan living space. This condo has been freshly painted, has new carpet, new appliances and a new wine cooler. It's located on the 4th floor and faces north with lots of natural light. both bedrooms have wall to wall closets and there is an all in one W/D in the hall closet. The HVAC units were replaced in 2016 and are extremely quiet. HOA Fees include heating, AC, Water and sewer. Owners have access to Salt Water Pool and Exercise Room in the adjacent building. There is underground parking with excess parking on the front and back parking decks. No investors can buy this unit.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Floor Number: 4
  • Lifestyles: Mid Rise/High Rise
  • Unit Entry Level: 4
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, LndryCnUnt, MicroHood, Electric Oven, Refrigerator, Washer, Wine Cooler
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Screens Complete, Storage, Windows Vinyl, Wood Work Painted
  • Living Area: 1323
  • Other Equipment: Elevator Common
  • Room Count: 5
  • Areas Interior: Laundry in Unit
  • Eating Area: Dining-L
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1323
  • Main Level Sq Ft: 1323
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1323
  • Kitchen Features: Breakfast Bar
  • Below Grade Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Stone
  • Disclosures: Not Applicable
  • Exterior Features: Pool Community
  • Foundation Details: Slab
  • List Price: 170000
  • Association Maintained Building Exterior: 1
  • Porch: Balcony

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Electric
  • Garage Parking Description: Attached
  • Garage Parking Other: Assigned Parking,Common Lot,Keyless Entry

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Hot Water
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: No Water Heater

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Common Cooling, Entrance Common, Exercise Room, Insurance, Insurance, Laundry Connection In Unit, Lawncare, Pool, Sewer
  • Mandatory Fee: 499

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490613150130073801
  • Acres: CndHPRCoop
  • Lot Information: Sidewalks,Storm Sewer,Street Lights
  • Lot Number: 7
  • Lot Size: 220

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1202
  • Semi Annual Property Tax Amt: 601
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Washington Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2018
Closed on
Oct 31, 2018
Sold by
Liu Ying
Bought by
Moody Sara B
Seller's Agent
Dana Wright
RE/MAX Advanced Realty
Buyer's Agent
Nicholas Hensley
@properties
List Price
$170,000
Sold Price
$166,500
Premium/Discount to List
-$3,500
-2.06%
Total Days on Market
20
Current Estimated Value
$223,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,498
Avg. Annual Appreciation
4.61%
Original Mortgage
$133,200
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Liu Ying

Purchase Details

Closed on
Jun 10, 2014
Sold by
Talley Dorothea
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 6, 2014
Sold by
Layton Sheriff John R
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 20, 2006
Sold by
Meridian Group Llc
Bought by
Talley Dorothea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,429
Interest Rate
6.21%
Mortgage Type
New Conventional

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
Moody Sara B -- Fidelity National Title
Liu Ying -- None Available
Federal Home Loan Mortgage Corporation $127,406 None Available
Federal Home Loan Mortgage Corporation -- Feiwell & Hannoy
Talley Dorothea -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moody Sara B $134,000
Closed Moody Sara B $134,000
Closed Moody Sara B $133,200
Previous Owner Talley Dorothea $151,429
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2018 10/31/18 Sold $166,500 -2.1% $126 / Sq Ft
10/06/2018 10/06/18 Pending -- -- --
09/15/2018 09/15/18 For Sale $170,000 -- $128 / 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 $2,533 $214,400 $20,100 $194,300
2023 $2,533 $211,700 $20,100 $191,600
2022 $2,172 $181,300 $20,100 $161,200
2021 $2,064 $176,200 $20,100 $156,100
2020 $2,633 $222,900 $20,100 $202,800
2019 $2,018 $169,000 $20,100 $148,900
2018 $1,489 $125,300 $20,100 $105,200
2017 $1,250 $115,800 $20,100 $95,700
2016 $519 $73,600 $20,100 $53,500
2014 $1,708 $79,200 $20,100 $59,100
2013 $1,532 $73,800 $20,100 $53,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21595752

MIBOR Broker Listing Cooperative®

APN: 49-06-13-150-130.073-801