NOT LISTED FOR SALE

50 E 87th St Indianapolis, IN 46240

Nora-Far Northside Neighborhood

Estimated Value: $309,007 - $364,000

3 Beds
2 Baths
1,667 Sq Ft
$208/Sq Ft Est. Value

Last Sold March 10, 2020

Last sale price $240,000 $144 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,998/month

107 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Wood Flooring
  • Eat-In Kitchen
  • North Central High School Rated A-
  • 2 Car Attached Garage
  • Patio

About This Home

As of March 2020

MID-CENTURY MODERN home w/sleek design is sure to delight. 3bed, 2bath ranch is MOVE-IN READY w/an impressive list of updates: WINDOWS, SIDING & SOFFITS, EXTERIOR PAINT & SO MUCH MORE! The inviting floorplan is light-filled w/rich HDWD floors. Mid Mod kitchen is a dream w/original General Electric metal cabinets, built-in oven, cooktop & boomerang countertops; coupled w/a stainless steel refrigerator & dishwasher. Retreat to the master suite & updated bath w/large tile surround shower. Entertain w/ease on the back patio and fully fenced backyard. Award-winning schools. Incredible location near countless restaurants, shopping, Monon Trail, library & post office. Easy access to the highway. Welcome home to 50 E 87th St!

Last Agent to Sell the Property

Catherine Fese

F.C. Tucker Company License #RB17001233 Listed on: 10/10/2019

F.C. Tucker Company

Last Buyer's Agent

Nicole Scherrer

United Real Estate Indpls

United Real Estate Indpls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,554

Year Built

  • Built in 1955

Lot Details

  • 0.26 Acre Lot
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Midcentury Modern Architecture
  • Ranch Style House
  • Vinyl Construction Material

Interior Spaces

  • 1,667 Sq Ft Home
  • Vinyl Clad Windows
  • Great Room with Fireplace
  • Wood Flooring
  • Crawl Space
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outdoor Storage
  • Playground

Utilities

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

Community Details

  • North Meridian Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490314121037000800

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,554

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Mid-Century Modern, Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1955
  • Garage Y N: Yes
  • Lot Size Acres: 0.26
  • Subdivision Name: NORTH MERIDIAN MANOR
  • Inspection Warranties: Not Applicable
  • Property Description: MID-CENTURY MODERN home w/sleek design is sure to delight. 3bed, 2bath ranch is MOVE-IN READY w/an impressive list of updates: WINDOWS, SIDING & SOFFITS, EXTERIOR PAINT & SO MUCH MORE! The inviting floorplan is light-filled w/rich HDWD floors. Mid Mod kitchen is a dream w/original General Electric metal cabinets, built-in oven, cooktop & boomerang countertops; coupled w/a stainless steel refrigerator & dishwasher. Retreat to the master suite & updated bath w/large tile surround shower. Entertain w/ease on the back patio and fully fenced backyard. Award-winning schools. Incredible location near countless restaurants, shopping, Monon Trail, library & post office. Easy access to the highway. Welcome home to 50 E 87th St!
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Website: www.talktotucker.com/katie.fese
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Kit Exhaust, Microwave, Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Great Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Pull Down Stairs, Hardwood Floors, Windows Vinyl
  • Living Area: 1667
  • Other Equipment: Smoke Detector
  • Room Count: 7
  • Areas Interior: Foyer Large,Laundry Room Main Level
  • Eating Area: Breakfast Room,Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1667
  • Main Level Sq Ft: 1667
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: TubFull
  • Total Sq Ft: 1667
  • Kitchen Features: Kitchen Eat In
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Fence Full Rear, Playground, Storage
  • Foundation Details: Crawl Space
  • Association Maintained Building Exterior: 0
  • Construction Stage: Resale
  • Porch: Open Patio

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Keyless Entry,Storage Area

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Connected,Gas Connected
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490314121037000800
  • Acres: 1/4-1/2 Acre
  • Lot Information: Cul-De-Sac,Tree Mature
  • Lot Number: 12
  • Lot Size: 75X59

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1554
  • Semi Annual Property Tax Amt: 777
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Washington Township
  • Schools: Eastwood Middle,Nora Elementary,North Central High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2019
Closed on
Mar 10, 2020
Sold by
Alkire Brian M and Alkire Kathryn E
Bought by
Stephenson Erica
Seller's Agent
Catherine Fese
F.C. Tucker Company
Buyer's Agent
Nicole Scherrer
United Real Estate Indpls
List Price
$259,900
Sold Price
$240,000
Premium/Discount to List
-$19,900
-7.66%
Current Estimated Value
$347,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,252
Avg. Annual Appreciation
6.77%
Original Mortgage
$192,000
Outstanding Balance
$170,043
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$177,209

Purchase Details

Closed on
Apr 27, 2009
Sold by
Alkire Brian M
Bought by
Alkire Brian M and Alkire Kathryn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,200
Interest Rate
4.83%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Stephenson Erica -- Enterprise Title
Alkire Brian M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephenson Erica $192,000
Previous Owner Alkire Brian M $144,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2020 03/10/20 Sold $240,000 -2.6% $144 / Sq Ft
01/26/2020 01/26/20 Pending -- -- --
01/16/2020 01/16/20 Price Changed $246,500 -1.0% $148 / Sq Ft
11/05/2019 11/05/19 Price Changed $249,000 -2.4% $149 / Sq Ft
10/25/2019 10/25/19 Price Changed $255,000 -1.9% $153 / Sq Ft
10/10/2019 10/10/19 For Sale $259,900 -- $156 / 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 $2,162 $184,100 $31,800 $152,300
2023 $2,162 $184,100 $31,800 $152,300
2022 $2,099 $175,200 $31,800 $143,400
2021 $1,984 $157,700 $26,500 $131,200
2020 $1,828 $153,200 $26,500 $126,700
2019 $1,715 $153,200 $26,500 $126,700
2018 $1,554 $145,000 $26,500 $118,500
2017 $1,409 $136,800 $26,500 $110,300
2016 $1,310 $135,000 $26,500 $108,500
2014 $1,152 $139,000 $26,500 $112,500
2013 $1,084 $139,000 $26,500 $112,500
Source: Public Records

Agents Affiliated with this Home

  • Catherine Fese

    Seller's Agent in 2020

    Catherine Fese

    F.C. Tucker Company

    (317) 809-6312

    1 in this area

    124 Total Sales

    Catherine Fese
    Section Image

  • N

    Buyer's Agent in 2020

    Nicole Scherrer

    United Real Estate Indpls

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21658095

MIBOR Broker Listing Cooperative®

APN: 49-03-14-121-037.000-800

Indiana Marion County Indianapolis 46240 Nora-Far Northside

50 E 87th St, Indianapolis, IN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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