NOT LISTED FOR SALE

506 E 57th St Indianapolis, IN 46220

Meridian Kessler Neighborhood

Estimated Value: $1,549,000 - $1,728,000

5 Beds
4.5 Baths
5,029 Sq Ft
$326/Sq Ft Est. Value

Last Sold August 21, 2023

Last sale price $1,550,000 $308 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $10,035/month

1 Day on Market

Highlights

  • 0.35 Acre Lot
  • Deck
  • Georgian Architecture
  • Mature Trees
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of August 2023

Stunning Georgian style home rests at arguable one of the most iconic corners in Meridian Kessler. From the covered porch you'll likely hear the church bells ringing on Sunday morning and the excited cheers from afternoon recess at the church and schools nearby. Inside you'll find a beautifully appointed home with ample space to entertain and enjoy. The open kitchen is fitted with high-end Jenn Air appliances, large center island, and open sight-lines to the great room and breakfast room. Unique in this area the home boasts a traditional butlers pantry between the kitchen and formal dining room and a walk-in pantry for your kitchen's overflow. Lower level is ready for entertaining with rec room, wet bar, and theater room. A perfect home!

Last Agent to Sell the Property

Matt McLaughlin

F.C. Tucker Company Brokerage Email: mmcl@talktotucker.com License #RB14049997 Listed on: 06/16/2023

F.C. Tucker Company

Last Buyer's Agent

Kelly Todd

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,720

Year Built

  • Built in 2016

Lot Details

  • 0.35 Acre Lot
  • Corner Lot
  • Mature Trees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Georgian Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Built-in Bookshelves
  • Woodwork
  • Vaulted Ceiling
  • Entrance Foyer
  • Great Room with Fireplace
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Range Hood
  • Microwave
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Window Egress

Home Security

  • Smart Thermostat
  • Monitored
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Gas Grill

Utilities

  • Humidifier
  • Forced Air Heating System
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Light's Bellevue Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 490601228012000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,720

Year Built

Built in 2016

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Georgian
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 2016
  • Building Area Total: 5245
  • Garage Y N: Yes
  • Lot Size Acres: 0.35
  • Subdivision Name: Light'S Bellevue
  • Transaction Type: Sale
  • Website: callmatt.in
  • Accessibility Features YN: No
  • MBR_AttributionContact: mmcl@talktotucker.com
  • Attribution Contact: mmcl@talktotucker.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Egress Window(s), Finished, Full, Sump Pump
  • Appliances: Dishwasher, Dryer, Disposal, Humidifier, Microwave, Double Oven, Gas Oven, Range Hood, Refrigerator, Free-Standing Freezer, Ice Maker, Tankless Water Heater, Washer, Water Softener Owned, Wine Cooler
  • Levels: Two
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1507
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Interior Amenities: Breakfast Bar, Built In Book Shelves, Raised Ceiling(s), Center Island, Entrance Foyer, Hardwood Floors, Hi-Speed Internet Availbl, Pantry, Walk-in Closet(s), Wet Bar, Wood Work Painted
  • Living Area: 5029
  • Other Equipment: Security Alarm Monitored, Smoke Alarm
  • Areas Interior: Bath Jack-n-Jill
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 1849
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 1673
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Balcony, Gas Grill
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Covered Porch, Deck UP, Screened

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached, Concrete, Garage Door Opener
  • Garage Parking Other: Garage Door Opener,Keyless Entry

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Corner Lot, Sidewalks, Storm Sewer, Street Lights, Mature Trees
  • Property Attached Yn: No
  • Lot Size Sq Ft: 15240
  • Parcel Number: 490601228012000801
  • Acres: 1/4-1/2 Acre

Green Features

  • Green Certification Y N: No
  • Smart Home Features: Thermostat - Programmable

Tax Info

  • Tax Annual Amount: 18720
  • Tax Lot: 2
  • Semi Annual Property Tax Amt: 9360

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2024
Sold by
Manetta Michael J and Manetta Brandon L
Bought by
Manetta Family Revocable Trust
Current Estimated Value
$1,637,015

Purchase Details

Listed on
Jun 16, 2023
Closed on
Aug 18, 2023
Sold by
Blackwell Kimberly
Bought by
Manetta Michael J and Manetta Brandon L
Seller's Agent
Matt McLaughlin
F.C. Tucker Company
Buyer's Agent
Kelly Todd
List Price
$1,499,900
Sold Price
$1,550,000
Premium/Discount to List
$50,100
3.34%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.60%
Original Mortgage
$1,100,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 21, 2018
Closed on
May 1, 2018
Sold by
Philbin Joseph A and Philbin Diane M
Bought by
Blackwell Kimberly
Seller's Agent
Nina Klemm
F.C. Tucker Company
Buyer's Agent
Cindy McCoun
Berkshire Hathaway Home
List Price
$1,189,000
Sold Price
$1,240,000
Premium/Discount to List
$51,000
4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.36%
Original Mortgage
$992,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 15, 2016
Closed on
Dec 23, 2016
Sold by
Show Case Homes Llc and Estridge Homes
Bought by
Philbin Joseph A and Philbin Diane M
Seller's Agent
Mark Branch
Highgarden Real Estate
Buyer's Agent
Nina Klemm
F.C. Tucker Company
List Price
$998,000
Sold Price
$1,085,495
Premium/Discount to List
$87,495
8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%
Original Mortgage
$417,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 15, 2016
Closed on
Nov 23, 2016
Sold by
Show Case Homes Llc
Bought by
Navarro Antonio and Fernamberg Kristie L
Seller's Agent
Mark Branch
Highgarden Real Estate
Buyer's Agent
Nina Klemm
F.C. Tucker Company
List Price
$998,000
Sold Price
$1,085,495
Premium/Discount to List
$87,495
8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2016
Sold by
Show Case Homes Llc
Bought by
Show Case Homes Llc and Estridge Homes
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
Manetta Family Revocable Trust -- None Listed On Document
Manetta Family Revocable Trust -- None Listed On Document
Manetta Michael J $1,550,000 None Listed On Document
Blackwell Kimberly -- None Available
Philbin Joseph A -- --
Navarro Antonio -- Chicago Title
Show Case Homes Llc -- None Available
Show Case Homes Llc -- None Available
Show Case Homes Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Manetta Michael J $1,100,000
Previous Owner Blackwell Kimberly $992,000
Previous Owner Philbin Joseph A $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2023 08/21/23 Sold $1,550,000 +3.3% $308 / Sq Ft
06/18/2023 06/18/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $1,499,900 +21.0% $298 / Sq Ft
05/29/2018 05/29/18 Sold $1,240,000 +4.3% $258 / Sq Ft View Prior Sale
03/23/2018 03/23/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $1,189,000 +9.5% $247 / Sq Ft
12/22/2016 12/22/16 Sold $1,085,495 0.0% $226 / Sq Ft View Prior Sale
05/10/2016 05/10/16 Off Market $1,085,495 -- --
05/09/2016 05/09/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $998,000 -- $208 / 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 $16,571 $1,333,700 $150,400 $1,183,300
2023 $16,571 $1,331,000 $150,400 $1,180,600
2022 $18,721 $1,331,000 $150,400 $1,180,600
2021 $16,865 $1,384,000 $98,400 $1,285,600
2020 $13,941 $1,141,200 $98,400 $1,042,800
2019 $14,730 $1,176,600 $98,400 $1,078,200
2018 $13,552 $1,072,200 $98,400 $973,800
2017 $20,836 $974,900 $98,400 $876,500
2016 $10,114 $480,400 $72,100 $408,300
2014 $4,369 $401,300 $127,200 $274,100
2013 $3,908 $372,500 $127,200 $245,300
Source: Public Records

Agents Affiliated with this Home

  • Matt McLaughlin

    Seller's Agent in 2023

    Matt McLaughlin

    F.C. Tucker Company

    (317) 590-0529

    106 in this area

    689 Total Sales

    Matt McLaughlin
    Section Image

  • K

    Buyer's Agent in 2023

    Kelly Todd

    Section Image
  • Nina Klemm

    Seller's Agent in 2018

    Nina Klemm

    F.C. Tucker Company

    (317) 846-7751

    1 in this area

    122 Total Sales

    Nina Klemm
    Section Image
  • Cindy McCoun

    Buyer's Agent in 2018

    Cindy McCoun

    Berkshire Hathaway Home

    (317) 590-3556

    18 Total Sales

    Cindy McCoun
    Section Image
  • Mark Branch

    Seller's Agent in 2016

    Mark Branch

    Highgarden Real Estate

    (317) 403-4397

    9 in this area

    367 Total Sales

    Mark Branch
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21926807

MIBOR Broker Listing Cooperative®

APN: 49-06-01-228-012.000-801

Indiana Marion County Indianapolis 46220 Meridian Kessler

506 E 57th St, Indianapolis, IN

This home is located at 506 E 57th St, Indianapolis, IN 46220 since 16 June 2023 and is currently estimated at $1,637,015, approximately $325 per square foot. This property was built in 2016. 506 E 57th St is a home located in Marion County with nearby schools including James Whitcomb Riley School 43, Robert Lee Frost School 106, and Charles Warren Fairbanks School 105.

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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