NOT LISTED FOR SALE

440 E Arch St Indianapolis, IN 46202

Renaissance Place Neighborhood

Estimated Value: $355,000 - $390,000

2 Beds
2.5 Baths
1,125 Sq Ft
$333/Sq Ft Est. Value

Last Sold September 08, 2020

Last sale price $285,000 $253 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,475/month

2 Days on Market

Highlights

  • Mature Trees
  • Cathedral Ceiling
  • Covered Patio or Porch
  • Traditional Architecture
  • Second Story Great Room
  • Cul-De-Sac

About This Home

As of September 2020

One of 20 of 120 townhome style condos with a two car garage!!! This is a big deal-rarely comes on the market. Original Renaissance Place condos are in an insulated great location. 2 Story with vaulted ceilings, 2 large bedrooms plus a loft. with 2 full and one half baths, ventless brick veneer fireplace. Wonderful courtyard with a privacy fence. Make it your own-decorator's delight! Great opportunity in a convenient location close to all the downtown has to offer.Seller to review all offers by Noon on Monday, August 10th.

Last Agent to Sell the Property

Libby Somerville

Compass Indiana, LLC Listed on: 08/07/2020

Compass Indiana, LLC

Last Buyer's Agent

Libby Somerville

Compass Indiana, LLC Listed on: 08/07/2020

Compass Indiana, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,612

Year Built

  • Built in 1982

Lot Details

  • 2,853 Sq Ft Lot
  • Cul-De-Sac
  • Mature Trees

HOA Fees

  • $190 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Cathedral Ceiling
  • Paddle Fans
  • Gas Log Fireplace
  • Window Screens
  • Second Story Great Room
  • Combination Dining and Living Room
  • Attic Access Panel

Kitchen

  • Galley Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Parquet
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • Association fees include insurance, lawncare, maintenance structure, management, snow removal
  • Association Phone (317) 875-5600
  • Renaissance Place Subdivision
  • Property managed by CASI
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 113
  • Assessor Parcel Number 491101145015000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,612

Year Built

Built in 1982

Lot Details

0

HOA Fees

$190 per month

Parking

2

Listing Details

  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1982
  • Building Area Total: 1125
  • Garage Y N: Yes
  • Lot Size Acres: 0.0655
  • Subdivision Name: Renaissance Place
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Website: https://photos.dreamhomemedia.com/139167
  • Unit Entry Level: 1
  • MBR_AttributionContact: libby@somervilleteam.com
  • Active Open House Count: 0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Common Walls: 1 Common Wall
  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer, Gas Water Heater
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Cathedral Ceiling(s), Walk-in Closet(s), Screens Some, Wood Work Stained, Paddle Fan
  • Living Area: 1125
  • Areas Interior: Living Room - 2 Story
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 625
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Galley
  • Upper Level Sq Ft: 500
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 1125

Exterior Features

  • Construction Materials: Wood Brick
  • Disclosures: Common Wall Agreement
  • Foundation Details: Slab
  • Patio And Porch Features: Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Laundry Closet, Main Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 190
  • Association Fee Frequency: Monthly
  • Association Phone: 317-875-5600
  • Association YN: Yes
  • Management Company Name: CASI
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Building Private Entry
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Insurance, Lawncare, Maintenance Structure, Management, Snow Removal

Lot Info

  • Lot Features: Cul-De-Sac, Curbs, Mature Trees
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Lot Size Sq Ft: 2853
  • Parcel Number: 491101145015000101
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 6612
  • Tax Lot: 113
  • Semi Annual Property Tax Amt: 3306
  • Tax Exemption: None

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2020
Closed on
Sep 8, 2020
Sold by
Norquest Catharine Lisa
Bought by
Bivens Jimmy L and Spears Michael D
Seller's Agent
Libby Somerville
Compass Indiana, LLC
Buyer's Agent
Libby Somerville
Compass Indiana, LLC
List Price
$275,000
Sold Price
$285,000
Premium/Discount to List
$10,000
3.64%
Current Estimated Value
$374,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,821
Avg. Annual Appreciation
5.27%
Original Mortgage
$256,500
Outstanding Balance
$227,627
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$147,194

Purchase Details

Listed on
Aug 7, 2020
Closed on
Sep 3, 2020
Sold by
Norquest Catharine Lisa
Bought by
Bivens Jimmy L and Spears Michael D
Seller's Agent
Libby Somerville
Compass Indiana, LLC
Buyer's Agent
Libby Somerville
Compass Indiana, LLC
List Price
$275,000
Sold Price
$285,000
Premium/Discount to List
$10,000
3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Outstanding Balance
$227,627
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$147,194

Purchase Details

Closed on
Apr 15, 2015
Sold by
Land Lisa N
Bought by
Norquest Catharine Lisa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bivens Jimmy L $285,000 Enterprise Title
Bivens Jimmy L -- Enterprise Title
Norquest Catharine Lisa -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bivens Jimmy L $256,500
Closed Bivens Jimmy L $256,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2020 09/08/20 Sold $285,000 +3.6% $253 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
08/09/2020 08/09/20 For Sale $275,000 0.0% $244 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $275,000 -- $244 / 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 $3,918 $323,400 $55,200 $268,200
2023 $3,918 $323,400 $55,200 $268,200
2022 $3,942 $318,100 $55,200 $262,900
2021 $3,710 $312,000 $51,900 $260,100
2020 $3,561 $298,500 $51,900 $246,600
2019 $6,677 $280,100 $51,900 $228,200
2018 $6,495 $270,000 $51,900 $218,100
2017 $4,941 $229,800 $51,900 $177,900
2016 $4,657 $221,200 $51,900 $169,300
2014 $4,159 $192,600 $51,900 $140,700
2013 $1,912 $180,800 $51,900 $128,900
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Libby Somerville

    Compass Indiana, LLC

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21730534

MIBOR Broker Listing Cooperative®

APN: 49-11-01-145-015.000-101

Indiana Marion County Indianapolis 46202 Renaissance Place

440 E Arch St, Indianapolis, IN

Not Listed for Sale

Detached

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