NOT LISTED FOR SALE

497 E Arch St Indianapolis, IN 46202

Renaissance Place Neighborhood

Estimated Value: $332,000 - $356,000

2 Beds
1.5 Baths
1,120 Sq Ft
6,752 Sq Ft Lot

Last Sold June 23, 2015

Last sale price $215,000 $192 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,081/month

23 Days on Market

Highlights

  • 0.16 Acre Lot
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Traditional Architecture
  • Laundry closet
  • Garage

About This Home

As of June 2015

Knock, Knock--it's opportunity calling & she brought LOCATION, LOCATION! This Renaissance Place home commands its prime location just steps to the best local restaurants, theatres & shopping. You will not believe the amount of front and side yard that you will be able to take advantage of w/out having to maintain. Just oodles of cubic space that will make you feel like you are in a unit twice its square footage. Entertain your friends in the cozy dining room or in your private courtyard.

Last Agent to Sell the Property

Joe Everhart

Everhart Studio, Ltd. License #RB14039264 Listed on: 05/22/2015

Co-Listed By

Rob Measel

F.C. Tucker Company License #RB14022044

Last Buyer's Agent

Julie Preston

F.C. Tucker Company

F.C. Tucker Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,896

Year Built

  • Built in 1982

Lot Details

  • 6,752

Parking

  • Garage

Home Design

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

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Laundry closet

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 491101145041000101

Community Details

Overview

  • Association fees include insurance insurance lawncare maintenance professional mgmt snow removal
  • Renaissance Place Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,896

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: 2014
  • Year Built: 1982
  • Garage Y N: Yes
  • Lot Size Acres: 0.155
  • Subdivision Name: RENAISSANCE PLACE
  • Inspection Warranties: Not Applicable
  • Property Description: Knock, Knock--it's opportunity calling & she brought LOCATION, LOCATION! This Renaissance Place home commands its prime location just steps to the best local restaurants, theatres & shopping. You will not believe the amount of front and side yard that you will be able to take advantage of w/out having to maintain. Just oodles of cubic space that will make you feel like you are in a unit twice its square footage. Entertain your friends in the cozy dining room or in your private courtyard.
  • Transaction Type: Sale
  • Floor Number: 1
  • Unit Entry Level: 1
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher,Dryer,Disposal,Microwave,Electric Oven,Refrigerator,Washer
  • Levels: Two
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log,Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access,Ceiling Vaulted,Walk-in Closet(s),WoodWorkStain/Painted
  • Living Area: 1120
  • Other Equipment: Smoke Detector
  • Room Count: 6
  • Areas Interior: Laundry Closet
  • Eating Area: Dining Combo/Living Room,Dining-L
  • 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: Sinks Double,TubFull with Shower,Closet Walk in
  • Total Sq Ft: 1120
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 570
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: No Basement

Exterior Features

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

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Attached
  • Garage Parking Other: Garage Door Opener

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Condo Description Location: Ground Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Insurance,Insurance,Lawncare,Maintenance,Professional Mgmt,Snow Removal
  • Mandatory Fee: 155

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491101145041000101
  • Acres: <1/4 Acre
  • Lot Number: 73
  • Lot Size: 6756

Tax Info

  • Tax Annual Amount: 1896
  • Semi Annual Property Tax Amt: 948
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2015
Closed on
Jun 19, 2015
Sold by
Mcnamara Betty
Bought by
Hara Nancy L O
Seller's Agent
Joe Everhart
Everhart Studio, Ltd.
Buyer's Agent
Julie Preston
F.C. Tucker Company
List Price
$215,000
Sold Price
$215,000
Current Estimated Value
$341,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,767
Avg. Annual Appreciation
4.50%
Original Mortgage
$150,000
Outstanding Balance
$57,154
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$284,613

Purchase Details

Closed on
Nov 21, 2008
Sold by
Long Dennis L
Bought by
Mcnamara Betty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,916
Interest Rate
6.48%
Mortgage Type
FHA
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
Hara Nancy L O -- First American Title Ins Co
Mcnamara Betty -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hara Nancy L O $150,000
Previous Owner Mcnamara Betty $157,916
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2015 06/23/15 Sold $215,000 0.0% $192 / Sq Ft
05/22/2015 05/22/15 For Sale $215,000 -- $192 / 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 $3,482 $287,800 $54,900 $232,900
2023 $3,482 $287,800 $54,900 $232,900
2022 $3,500 $283,200 $54,900 $228,300
2021 $3,309 $277,800 $51,700 $226,100
2020 $3,180 $266,100 $51,700 $214,400
2019 $3,045 $250,000 $51,700 $198,300
2018 $2,964 $241,300 $51,700 $189,600
2017 $2,254 $206,300 $51,700 $154,600
2016 $2,128 $198,900 $51,700 $147,200
2014 $1,864 $173,800 $51,700 $122,100
2013 -- $200,500 $88,600 $111,900
Source: Public Records

Agents Affiliated with this Home

  • Joe Everhart

    Seller's Agent in 2015

    Joe Everhart

    Everhart Studio, Ltd.

    (317) 701-0479

    2 in this area

    224 Total Sales

    Joe Everhart
    Section Image
  • Rob Measel

    Seller Co-Listing Agent in 2015

    Rob Measel

    F.C. Tucker Company

    (812) 208-0498

    3 in this area

    232 Total Sales

    Rob Measel
    Section Image

  • J

    Buyer's Agent in 2015

    Julie Preston

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21355228

MIBOR Broker Listing Cooperative®

APN: 49-11-01-145-041.000-101

Indiana Marion County Indianapolis 46202 Renaissance Place

497 E Arch St, Indianapolis, IN

Not Listed for Sale

Condos

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