NOT LISTED FOR SALE

501 Fletcher Ave Unit B Indianapolis, IN 46203

Fletcher Place Neighborhood

Estimated Value: $533,020 - $563,000

3 Beds
3 Baths
2,218 Sq Ft
0.35 Acres

Last Sold February 25, 2016

Last sale price $450,000 $203 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,321/month

47 Days on Market

Highlights

  • 0.35 Acre Lot
  • Bar Fridge
  • Wet Bar
  • Elevator
  • Intercom
  • Woodwork

About This Home

As of February 2016

This units cloistered exterior hides its true contemporary style & "rock n roll" interiors! The style and cubic square footage are going to set the benchmark for all units that you see in this price range--you simply cannot beat the value! The serenely cool great room is very loft-like and is home to the razor-sharp kitchen/living area. The spa-like master will most definitely satisfy. A lower-level guest suite/casual living area adds versatility. Common outdoor living space w/million $ view!

Last Agent to Sell the Property

Joe Everhart

Everhart Studio, Ltd. License #RB14039264 Listed on: 01/05/2016

Co-Listed By

Rob Measel

F.C. Tucker Company License #RB14022044

Last Buyer's Agent

Christie Snapp

@properties

@properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,289

Year Built

  • Built in 1897

Lot Details

  • 0.35

Parking

  • Garage

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,218 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Sound System
  • Bar Fridge
  • Woodwork
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Storage
  • Finished Basement
  • Basement Lookout
  • Attic Access Panel

Kitchen

  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Home Security

  • Intercom
  • Monitored

Outdoor Features

  • Patio
  • Outdoor Gas Grill

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 491112151008000101B

Community Details

Overview

  • Association fees include common cooling, common heat, insurance, irrigation, lawncare, trash, sewer
  • Fletcher Subdivision

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,289

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Historic
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1897
  • Co List Office Phone: 317-916-1052
  • Garage Y N: Yes
  • Lot Size Acres: 0.345
  • Subdivision Name: FLETCHER
  • Inspection Warranties: Not Applicable
  • Property Description: This units cloistered exterior hides its true contemporary style & "rock n roll" interiors! The style and cubic square footage are going to set the benchmark for all units that you see in this price range--you simply cannot beat the value! The serenely cool great room is very loft-like and is home to the razor-sharp kitchen/living area. The spa-like master will most definitely satisfy. A lower-level guest suite/casual living area adds versatility. Common outdoor living space w/million $ view!
  • Transaction Type: Sale
  • Floor Number: 1
  • Unit Entry Level: 1
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Daylight/Lookout Windows
  • Appliances: Dishwasher, Disposal, Microwave, Gas Oven, Range Hood, Refrigerator, Bar Fridge, Wine Cooler
  • Levels: Two
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter, Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Walk-in Closet(s), Storage, Wet Bar, Wood Work Stained
  • Living Area: 2218
  • Other Equipment: Elevator Common, Gas Grill, Intercom, Security Alarm Monitored, Smoke Detector, Surround Sound, WetBar
  • Room Count: 6
  • Areas Interior: Living Room - 2 Story,Living Room Formal
  • Eating Area: Breakfast Bar,Dining Combo/Living Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1715
  • Main Level Sq Ft: 1715
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Sinks Double,TubFull with Shower,Closet Walk in
  • Total Sq Ft: 2218
  • Below Grade Sq Ft: 503
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 75+%
  • Optional Level Below Grade: Daylight Window Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Concrete Perimeter
  • Association Maintained Building Exterior: 1
  • Porch: Open Patio

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Built In
  • Garage Parking Other: Assigned Parking,Floor Drain,Garage Door Opener,Finished Garage,Heated

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Condo Description Location: Building Common Entry,Ground Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Common Cooling, Common Heat, Insurance, Irrigation, Lawncare, Trash, Sewer
  • Mandatory Fee: 511

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491112151008000101B
  • Acres: 1/4-1/2 Acre
  • Lot Information: Corner,Sidewalks,Street Lights
  • Lot Number: B
  • Lot Size: 15033

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 0
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2016
Closed on
Feb 23, 2016
Sold by
Fletcher Point Partners Llc
Bought by
Richardson Derek and Bolinger Leslie
Seller's Agent
Joe Everhart
Everhart Studio, Ltd.
Buyer's Agent
Christie Snapp
@properties
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$547,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,005
Avg. Annual Appreciation
2.02%
Original Mortgage
$416,000
Outstanding Balance
$329,895
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$217,110

Purchase Details

Listed on
Jan 5, 2016
Closed on
Feb 2, 2016
Sold by
Richardson Derek and Bolinger Leslie
Bought by
Mccarty Ryan
Seller's Agent
Joe Everhart
Everhart Studio, Ltd.
Buyer's Agent
Christie Snapp
@properties
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Outstanding Balance
$329,895
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$217,110

Purchase Details

Listed on
Jun 15, 2015
Closed on
Sep 4, 2015
Sold by
Fletcher Point Partners Llc
Bought by
Richardson Derek and Richardson Leslie
Seller's Agent
Joe Everhart
Everhart Studio, Ltd.
Buyer's Agent
Donna Park
List Price
$450,000
Sold Price
$442,500
Premium/Discount to List
-$7,500
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.72%
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
Richardson Derek -- First American Title Ins Co
Mccarty Ryan -- First American Title Ins Co
Richardson Derek -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson Derek $416,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2016 02/25/16 Sold $450,000 0.0% $203 / Sq Ft
01/13/2016 01/13/16 Off Market $450,000 -- --
01/05/2016 01/05/16 For Sale $450,000 +1.7% $203 / Sq Ft
09/09/2015 09/09/15 Sold $442,500 -1.7% $200 / Sq Ft View Prior Sale
06/15/2015 06/15/15 For Sale $450,000 -- $203 / 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 $5,289 $399,400 $59,500 $339,900
2023 $5,289 $434,000 $59,500 $374,500
2022 $5,296 $434,000 $59,500 $374,500
2021 $5,319 $447,300 $59,500 $387,800
2020 $5,677 $475,300 $59,500 $415,800
2019 $5,725 $469,200 $59,500 $409,700
2018 $5,406 $442,900 $59,500 $383,400
2017 $4,725 $441,100 $59,500 $381,600
2016 $4,002 $383,300 $59,500 $323,800
Source: Public Records

Agents Affiliated with this Home

  • Joe Everhart

    Seller's Agent in 2016

    Joe Everhart

    Everhart Studio, Ltd.

    (317) 701-0479

    1 in this area

    223 Total Sales

    Joe Everhart
    Section Image
  • Rob Measel

    Seller Co-Listing Agent in 2016

    Rob Measel

    F.C. Tucker Company

    (812) 208-0498

    5 in this area

    235 Total Sales

    Rob Measel
    Section Image

  • C

    Buyer's Agent in 2016

    Christie Snapp

    @properties

    Section Image

  • D

    Buyer's Agent in 2015

    Donna Park

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21393113

MIBOR Broker Listing Cooperative®

APN: 49-11-12-151-026.001-101

Indiana Marion County Indianapolis 46202 Fletcher Place

501 Fletcher Ave Unit B, Indianapolis, IN

Not Listed for Sale

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