NOT LISTED FOR SALE

501 Fletcher Ave Unit C Indianapolis, IN 46203

Fletcher Place Neighborhood

Estimated Value: $552,000 - $1,706,185

3 Beds
3.5 Baths
4,205 Sq Ft
0.35 Acres

Last Sold February 23, 2018

Last sale price $900,000 $214 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,869/month

297 Days on Market

Highlights

  • 0.35 Acre Lot
  • Separate Formal Living Room
  • Forced Air Heating and Cooling System
  • 1 Fireplace
  • Porch
  • Garage

About This Home

As of February 2018

This home is certainly worthy of The Great Gatsby! If he were looking to make a statement we cannot think of a better residence! Awe-inspiring interior space that skillfully blends the uniquely wonderful original features w/ top-of-the-line luxury finishes & fittings. The generous master suite features enough room for even the most sartorially obsessed & the bath is the ultimate seduction. Entertaining will be a snap! Two dedicated parking spaces & seller to provide buyer with a $200 per month HOA credit until March 2023.

Last Agent to Sell the Property

Joe Everhart

Everhart Studio, Ltd. License #RB14039264 Listed on: 04/24/2017

Co-Listed By

Rob Measel

F.C. Tucker Company License #RB14022044

Last Buyer's Agent

Andy Barton

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,800

Year Built

  • Built in 1873

Lot Details

  • 0.35

Parking

  • Garage

Home Design

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

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Separate Formal Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Utilities

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

Community Details

  • Association fees include common cooling entrance common common heat insurance irrigation lawncare trash sewer
  • Fletchers Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491112151026002101

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,800

Year Built

Built in 1873

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Historic
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1873
  • Co List Office Phone: 317-916-1052
  • Garage Y N: Yes
  • Lot Size Acres: 0.35
  • Subdivision Name: FLETCHERS
  • Inspection Warranties: Not Applicable
  • Property Description: This home is certainly worthy of The Great Gatsby! If he were looking to make a statement we cannot think of a better residence! Awe-inspiring interior space that skillfully blends the uniquely wonderful original features w/ top-of-the-line luxury finishes & fittings. The generous master suite features enough room for even the most sartorially obsessed & the bath is the ultimate seduction. Entertaining will be a snap! Two dedicated parking spaces & seller to provide buyer with a $200 per month HOA credit until March 2023.
  • Transaction Type: Sale
  • Floor Number: 1
  • Unit Entry Level: 1
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher,Disposal,Microwave,Gas Oven,Range Hood,Bar Fridge,Refrigerator,Wine Cooler
  • Levels: Two
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log,Gas Starter,Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access,Ceiling Vaulted,Skylight(s),Storage,Wood Work Stained
  • Living Area: 4205
  • Other Equipment: Elevator Common,Intercom,Security Alarm Monitored,Smoke Detector,Surround Sound,WetBar,Water Purifier,Water-Softener Owned
  • Room Count: 9
  • Areas Interior: Living Room Formal
  • Eating Area: Breakfast Bar,Formal Dining Room,Dining-L,Kitchen Updated
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 4205
  • Main Level Sq Ft: 1895
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Suite,Tub Full with Separate Shower,See Remarks
  • Total Sq Ft: 4205
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 2310
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete,Water Feature Fountain
  • Foundation Details: Concrete Perimeter
  • Association Maintained Building Exterior: 1
  • Porch: Porch Open

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Built In
  • Garage Parking Other: Assigned Parking,Assigned Parking Outside,Garage Door Opener

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
  • Management Company Name: NA
  • Condo Description Location: Building Common Entry,Ground Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Common Cooling,Entrance Common,Common Heat,Insurance,Irrigation,Lawncare,Trash,Sewer
  • Mandatory Fee: 950

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491112151026002101
  • Acres: 1/4-1/2 Acre
  • Lot Information: Corner,Sidewalks,Street Lights
  • Lot Number: C
  • Lot Size: .35

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 7800
  • Semi Annual Property Tax Amt: 3900
  • Tax Exemption: HistoricTaxCredit,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2025
Sold by
Natoli Roman M
Bought by
Natoli Karen R
Current Estimated Value
$983,796

Purchase Details

Listed on
Apr 24, 2017
Closed on
Feb 23, 2018
Sold by
Harter Thomas M and Perley Harter Allison J
Bought by
Natoli Roman M and Natoli Karen R
Seller's Agent
Joe Everhart
Everhart Studio, Ltd.
Buyer's Agent
Andy Barton
List Price
$975,000
Sold Price
$900,000
Premium/Discount to List
-$75,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.15%
Original Mortgage
$810,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 15, 2015
Closed on
Mar 21, 2016
Sold by
Fletcher Point Partners Llc
Bought by
Harter Thomas M and Perley Harter Allison J
Seller's Agent
Joe Everhart
Everhart Studio, Ltd.
Buyer's Agent
Lynne Coffeen
Berkshire Hathaway Home
List Price
$750,000
Sold Price
$725,000
Premium/Discount to List
-$25,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.92%
Original Mortgage
$285,000
Interest Rate
2.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Natoli Karen R -- Covius Settlement Services
Natoli Roman M $900,000 First American Title
Harter Thomas M -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Natoli Roman M $810,000
Previous Owner Harter Thomas M $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2018 02/23/18 Sold $900,000 -7.7% $214 / Sq Ft
04/24/2017 04/24/17 For Sale $975,000 +34.5% $232 / Sq Ft
03/23/2016 03/23/16 Sold $725,000 0.0% $172 / Sq Ft View Prior Sale
02/19/2016 02/19/16 Off Market $725,000 -- --
06/15/2015 06/15/15 For Sale $750,000 -- $178 / 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 $8,262 $678,200 $115,500 $562,700
2023 $9,135 $745,400 $115,500 $629,900
2022 $9,177 $745,400 $115,500 $629,900
2021 $9,242 $771,200 $115,500 $655,700
2020 $9,957 $825,700 $115,500 $710,200
2019 $10,040 $813,800 $115,500 $698,300
2018 $9,445 $762,800 $115,500 $647,300
2017 $8,174 $759,200 $115,500 $643,700
2016 $7,799 $744,100 $115,500 $628,600
Source: Public Records

Agents Affiliated with this Home

  • Joe Everhart

    Seller's Agent in 2018

    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 2018

    Rob Measel

    F.C. Tucker Company

    (812) 208-0498

    5 in this area

    235 Total Sales

    Rob Measel
    Section Image

  • A

    Buyer's Agent in 2018

    Andy Barton

    Section Image

  • A

    Buyer's Agent in 2018

    Andrew Barton

    CENTURY 21 Scheetz

  • L

    Buyer's Agent in 2016

    Lynne Coffeen

    Berkshire Hathaway Home

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21480413

MIBOR Broker Listing Cooperative®

APN: 49-11-12-151-026.002-101

Indiana Marion County Indianapolis 46202 Fletcher Place

501 Fletcher Ave Unit C, Indianapolis, IN

Not Listed for Sale

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