516 E Michigan St Indianapolis, IN 46202
Lockerbie Square NeighborhoodEstimated Value: $413,000 - $493,000
3
Beds
4
Baths
2,172
Sq Ft
$202/Sq Ft
Est. Value
About This Home
This home is located at 516 E Michigan St, Indianapolis, IN 46202 and is currently estimated at $438,025, approximately $201 per square foot. 516 E Michigan St is a home located in Marion County with nearby schools including Washington Irving School 14, Thomas D. Gregg School No. 15, and Brookside School 54.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 31, 2011
Sold by
Pentzien David C and Pentzien Caroline C
Bought by
Jones Daniel K
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,042
Outstanding Balance
$156,108
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$281,917
Purchase Details
Closed on
Oct 14, 2010
Sold by
Pentzien David C and Cardinal Restaurant Management
Bought by
Pentzien David C and Pentzien Caroline C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 30, 2009
Sold by
C R M I Llc
Bought by
Cardinal Restaurant Management Indiana L
Purchase Details
Closed on
Sep 23, 2009
Sold by
U S Bank Na
Bought by
Crmi Llc
Purchase Details
Closed on
Jul 30, 2009
Sold by
Dusenbery Timothy L and Bank One Indiana Na
Bought by
U S Bank Na
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jones Daniel K | -- | First American Title Ins Co | |
| Pentzien David C | -- | None Available | |
| Cardinal Restaurant Management Indiana L | -- | Meridian Title Corporation | |
| Crmi Llc | $99,900 | Meridian Title Corporation | |
| U S Bank Na | $167,104 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jones Daniel K | $229,042 | |
| Previous Owner | Pentzien David C | $112,500 |
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 |
|---|---|---|---|---|
| 2025 | $5,892 | $408,400 | $85,300 | $323,100 |
| 2024 | $6,899 | $402,700 | $85,300 | $317,400 |
| 2023 | $6,899 | $432,000 | $85,300 | $346,700 |
| 2022 | $6,681 | $443,100 | $85,300 | $357,800 |
| 2021 | $5,486 | $330,300 | $49,600 | $280,700 |
| 2020 | $5,378 | $323,800 | $49,600 | $274,200 |
| 2019 | $5,559 | $330,100 | $49,600 | $280,500 |
| 2018 | $5,497 | $319,600 | $49,600 | $270,000 |
| 2017 | $4,709 | $308,000 | $49,600 | $258,400 |
| 2016 | $4,464 | $302,500 | $49,600 | $252,900 |
| 2014 | $4,398 | $281,800 | $49,600 | $232,200 |
| 2013 | $4,366 | $266,200 | $49,600 | $216,600 |
Source: Public Records
Map
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