NOT LISTED FOR SALE

493 E Arch St Indianapolis, IN 46202

Renaissance Place Neighborhood

Estimated Value: $321,000 - $348,000

2 Beds
1.5 Baths
1,120 Sq Ft
2,505 Sq Ft Lot

Last Sold July 18, 2017

Last sale price $257,000 $229 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,110/month

16 Days on Market

Highlights

  • Vaulted Ceiling
  • Corner Lot
  • Walk-In Closet
  • Traditional Architecture
  • Breakfast Room
  • Forced Air Heating and Cooling System

About This Home

As of July 2017

Renovated 2 bedroom condo in desirable Renaissance Place. Walk to the shops, restaurants, and nightlife on Mass Ave! Highlights include wood and tile floors, updated kitchen and bathroom fixtures, and a gas fireplace. The owner's suite features a balcony, full bathroom, laundry, and a walk-in closet. A fenced, decked patio provides private outdoor entertainment space and a deep attached garage provides extra storage.

Last Agent to Sell the Property

Amanda Wade

CENTURY 21 Scheetz License #RB16001806 Listed on: 05/19/2017

CENTURY 21 Scheetz

Last Buyer's Agent

Mitchell Prentkowski

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 1982

Lot Details

  • 2,505

Home Design

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

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Breakfast Room
  • Attic Access Panel

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number 491101145025000101

Community Details

Overview

  • Association fees include insurance, lawncare, ground maintenance, snow removal
  • Renaissance Place Subdivision
  • Property managed by Renaissance

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,000

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TradAmer, Two Story
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1982
  • Garage Y N: Yes
  • Lot Size Acres: 0.0575
  • Subdivision Name: RENAISSANCE PLACE
  • Inspection Warranties: General
  • Property Description: Renovated 2 bedroom condo in desirable Renaissance Place. Walk to the shops, restaurants, and nightlife on Mass Ave! Highlights include wood and tile floors, updated kitchen and bathroom fixtures, and a gas fireplace. The owner's suite features a balcony, full bathroom, laundry, and a walk-in closet. A fenced, decked patio provides private outdoor entertainment space and a deep attached garage provides extra storage.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Floor Number: 1
  • Lifestyles: Paired Patio,Townhouse
  • Unit Entry Level: 1
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Disposal, Microwave, MicroHood, Electric Oven, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Vaulted Ceiling(s), Walk-in Closet(s)
  • Living Area: 1120
  • Other Equipment: CO Detectors, Network Ready
  • Room Count: 4
  • Areas Interior: Laundry in Unit
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1120
  • Main Level Sq Ft: 560
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Balcony,Closet Walk in,TubFull with Shower
  • Total Sq Ft: 1120
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 560
  • Optional Level Below Grade: No Basement

Exterior Features

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

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Attached
  • Garage Parking Other: Finished Garage,Guest Parking Premises,Guest Street Parking,Heated

Utilities

  • Sewer: Community Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Community Water
  • Solid Waste: 1
  • Utility Options: Cable Available,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: Renaissance
  • Condo Description Location: Building Private Entry,End Unit

Fee Information

  • Association Fee Includes: Insurance, Lawncare, Maintenance Grounds, Snow Removal
  • Mandatory Fee: 160

Lot Info

  • Parcel Number: 491101145025000101
  • Acres: <1/4 Acre
  • Lot Information: Corner
  • Lot Number: 74
  • Lot Size: 2,505

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2000
  • Semi Annual Property Tax Amt: 1000
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2020
Sold by
Aleksa Dena and Kitcoff Denn Danielle
Bought by
Kitcoff Denn Danielle
Current Estimated Value
$338,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Outstanding Balance
$211,323
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$126,687

Purchase Details

Listed on
May 19, 2017
Closed on
Jul 17, 2017
Sold by
Wilson Carole
Bought by
Dena D
Seller's Agent
Amanda Wade
CENTURY 21 Scheetz
Buyer's Agent
Mitchell Prentkowski
List Price
$262,000
Sold Price
$257,000
Premium/Discount to List
-$5,000
-1.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.28%
Original Mortgage
$244,150
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2013
Sold by
Flowers Alcinda E
Bought by
Wilson Carole

Purchase Details

Closed on
May 6, 2009
Sold by
Fannie Mae
Bought by
Flowers Alcinda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,600
Interest Rate
4.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2008
Sold by
Valldejuli Dagmar M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 30, 2007
Sold by
Abel Fred C and Abel Margaret L
Bought by
Valldejuli Dagmar M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
6.19%
Mortgage Type
New Conventional
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
Kitcoff Denn Danielle -- None Available
Dena D $257,000 --
Aleksa Dena $257,000 First American Title
Wilson Carole $168,500 --
Flowers Alcinda E -- Chicago Title Greenwood
Federal National Mortgage Association $167,993 None Available
Valldejuli Dagmar M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kitcoff Denn Danielle $239,000
Previous Owner Aleksa Dena $244,150
Previous Owner Flowers Alcinda E $87,600
Previous Owner Valldejuli Dagmar M $184,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2017 07/18/17 Sold $257,000 -1.1% $229 / Sq Ft
05/23/2017 05/23/17 Price Changed $259,900 -0.8% $232 / Sq Ft
05/19/2017 05/19/17 For Sale $262,000 -- $234 / 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 $4,136 $337,900 $48,500 $289,400
2023 $4,136 $341,200 $48,500 $292,700
2022 $4,098 $335,500 $48,500 $287,000
2021 $3,903 $328,100 $45,600 $282,500
2020 $3,779 $316,600 $45,600 $271,000
2019 $3,639 $299,000 $45,600 $253,400
2018 $3,567 $290,500 $45,600 $244,900
2017 $2,185 $200,200 $45,600 $154,600
2016 $2,061 $192,800 $45,600 $147,200
2014 $1,797 $167,700 $45,600 $122,100
2013 $1,628 $157,500 $45,600 $111,900
Source: Public Records

Agents Affiliated with this Home

  • Amanda Wade

    Seller's Agent in 2017

    Amanda Wade

    CENTURY 21 Scheetz

    (317) 625-4026

    55 Total Sales

    Amanda Wade
    Section Image

  • M

    Buyer's Agent in 2017

    Mitchell Prentkowski

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21486933

MIBOR Broker Listing Cooperative®

APN: 49-11-01-145-025.000-101

Indiana Marion County Indianapolis 46202 Renaissance Place

493 E Arch St, Indianapolis, IN

Not Listed for Sale

Condos

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