NOT LISTED FOR SALE

511 E 62nd Place Indianapolis, IN 46220

Broad Ripple Neighborhood

Estimated Value: $336,000 - $416,405

3 Beds
2 Baths
1,521 Sq Ft
$258/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $395,000 $260 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,412/month

19 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Bungalow
  • Solid Surface Countertops
  • Built-in Bookshelves
  • Landscaped

About This Home

As of August 2022

BROAD RIPPLE BUNGALOW IS WITHIN WALKING DISTANCE TO EVERYTHING! WARFLEIGH NEIGHBORHOOD AND STEPS TO THE CANAL. 3 bedrooms, 2 full baths with many updates including kitchen opened up to the dining and living room, all looking out the rear windows to the landscaped yard, decking, firepit, and gardens. This home is so comfortable and easy to entertain with multiple levels of living space. The main level offers beautiful hardwood flooring in the living room and bedrooms . Enjoy the older charm of French doors, curved archways, 6 panel doors and original glass door knob hardware. The privacy of the back yard is shaded yet enough sun for the garden beds. The kitchen includes all Stainless Steal appliances, lots of counter space and quartz counter top peninsula. One full bath on main and 2nd full bath upstairs. The upper level includes: large open bedroom with full bath. This space offers an office nook and built in open attractive shelving to display your beautiful collectables. Basement level includes attached garage which can double for "game room", "work out" room, so much storage in basement area! Unbeatable midtown location and proximity to the Monon Trail, Indianapolis Art Center and many parks and schools. Nestled between the waters of the White River and Central Canal.

Last Agent to Sell the Property

Suzie Metz

Dickos Peterson & Metz Realty Listed on: 06/29/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,562

Year Built

  • Built in 1936

Lot Details

  • 5,489 Sq Ft Lot
  • Lot Dimensions are 55 x 100
  • Landscaped
  • Level Lot

Parking

  • 1 Car Garage
  • Basement Garage

Home Design

  • Bungalow
  • Metal Roof

Interior Spaces

  • 1.5-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • Wood Flooring
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

  • Arlington Woods Elementary School
  • Arlington Community Schools Middle School
  • Shortridge High School

Additional Features

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 49-06-01-115-001.000-801

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,562

Year Built

Built in 1936

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1936
  • Age: 86
  • Style: One and Half Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Conly's Central Ave Sub L3
  • Parcel Number ID: 49-06-01-115-001.000-801
  • Platted: Yes
  • Amenities: Built-In Bookcase, Ceiling Fan(s), Countertops-Solid Surf, Landscaped, Porch Covered, Six Panel Doors
  • Sp Lp Percent: 99
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2405
  • Total Finished Sq Ft: 1521
  • Above Grade Finished Sq Ft: 1521
  • Below Grade Sq Ft: 884
  • Price Per Sq Ft: 259.7
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement
  • Basement Material: Block
  • Flooring: Hardwood Floors
  • Bedroom 1: Dimensions: 11x11, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Bedroom 3: Dimensions: 38x12, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 884

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Metal
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Basement
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 25x14
  • Garage Sq Ft: 350
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Hvac: Ceiling Fan

Schools

  • School District: Indianapolis Public Schools
  • Elementary School: Arlington Woods
  • Middle School: Arlington Community Schools
  • High School: Shortridge
  • Elementary School: Arlington Woods

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 55 x 100
  • Estimated Lot Sq Ft: 5489
  • Estimated Lot Size Acres: 0.126

Tax Info

  • Annual Taxes: 1561.84
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Shortridge
  • Middle School: Arlington Community Schools
  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2022
Closed on
Aug 4, 2022
Sold by
Livingston Walker Iv Charles
Bought by
Perry Travis and Perry Jessica A
Seller's Agent
Suzie Metz
Dickos Peterson & Metz Realty
List Price
$399,000
Sold Price
$395,000
Premium/Discount to List
-$4,000
-1%
Current Estimated Value
$392,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,899
Avg. Annual Appreciation
0.07%
Original Mortgage
$375,250
Outstanding Balance
$360,628
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$35,205

Purchase Details

Listed on
Sep 9, 2020
Closed on
Oct 23, 2020
Sold by
Indiana Hills Llc
Bought by
Walker Charles Livingston
Seller's Agent
J.J Canull
Indy Home Shop LLC
Buyer's Agent
Terry Evans
Empire Real Estate LLC
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.63%
Original Mortgage
$289,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2020
Sold by
Williams Jonathan W
Bought by
Indiana Hills Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,400
Interest Rate
3.1%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Perry Travis $395,000 Warner Timothy R
Walker Charles Livingston $305,000 Ata National Title
Indiana Hills Llc $155,000 Ata National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry Travis $375,250
Previous Owner Walker Charles Livingston $289,750
Previous Owner Indiana Hills Llc $192,400
Previous Owner American Investment Group Llc $245,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $395,000 -1.0% $260 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
06/29/2022 06/29/22 For Sale $399,000 +30.8% $262 / Sq Ft
10/23/2020 10/23/20 Sold $305,000 -8.8% $115 / Sq Ft
09/30/2020 09/30/20 Price Changed $334,500 -0.1% $126 / Sq Ft
09/30/2020 09/30/20 Price Changed $335,000 +3.1% $126 / Sq Ft
09/29/2020 09/29/20 For Sale $325,000 +6.6% $123 / Sq Ft
09/12/2020 09/12/20 Off Market $305,000 -- --
09/11/2020 09/11/20 Pending -- -- --
09/10/2020 09/10/20 Price Changed $325,000 0.0% $123 / Sq Ft
09/10/2020 09/10/20 For Sale $325,000 +6.6% $123 / Sq Ft
09/10/2020 09/10/20 Off Market $305,000 -- --
09/09/2020 09/09/20 Price Changed $315,500 -2.9% $119 / Sq Ft
09/09/2020 09/09/20 For Sale $325,000 +6.6% $123 / Sq Ft
09/09/2020 09/09/20 Off Market $305,000 -- --
Source: Indiana Regional MLS

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 $3,315 $271,200 $34,800 $236,400
2023 $3,315 $274,100 $34,800 $239,300
2022 $3,354 $274,100 $34,800 $239,300
2021 $3,124 $263,100 $33,400 $229,700
2020 $1,758 $148,100 $33,400 $114,700
2019 $1,787 $148,100 $33,400 $114,700
2018 $1,800 $148,100 $33,400 $114,700
2017 $1,585 $144,300 $33,400 $110,900
2016 $1,527 $141,700 $33,400 $108,300
2014 $1,533 $143,300 $33,400 $109,900
2013 $1,428 $131,200 $33,400 $97,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Suzie Metz

    Dickos Peterson & Metz Realty

    (260) 571-8801

    1 in this area

    87 Total Sales

    Suzie Metz
    Section Image
  • J.J Canull

    Seller's Agent in 2020

    J.J Canull

    Indy Home Shop LLC

    (317) 833-4302

    19 in this area

    102 Total Sales

    J.J Canull
    Section Image

  • T

    Buyer's Agent in 2020

    Terry Evans

    Empire Real Estate LLC

    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202226523

Indiana Regional MLS

APN: 49-06-01-115-001.000-801

Indiana Marion County Indianapolis 46220 Broad Ripple

511 E 62nd Place, Indianapolis, IN

This home is located at 511 E 62nd Place, Indianapolis, IN 46220 since 29 June 2022 and is currently estimated at $392,101, approximately $257 per square foot. This property was built in 1936. 511 E 62nd Place is a home located in Marion County with nearby schools including James Whitcomb Riley School 43, Arsenal Technical High School, and George Washington Community High School (9-12).

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.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes