NOT LISTED FOR SALE

518 E 58th St Indianapolis, IN 46220

Meridian Kessler Neighborhood

Estimated Value: $517,000 - $597,000

3 Beds
1.5 Baths
3,054 Sq Ft
$178/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $440,000 $144 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,343/month

5 Days on Market

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • 3 Car Detached Garage
  • Wood Flooring
  • Wood Frame Window
  • Central Air

About This Home

As of June 2022

A rare opportunity to invest in one of the most sought-after locations in Indianapolis. This charming Meridian Kessler home has been loved by the same owner for the past 50 years and is now available and waiting for you to give it a new life. Bright and cheery, historic details adorn every space inside and out, eat-in kitchen, original hardwoods in good condition, classic covered front porch area, large family room, large master bedroom, tall ceilings in the basement, nice sized fully fenced back yard, 3 car garage, just packed with potential! Walkable to 2 elementary/ middle schools, surrounded by top eateries, close access to the monon trail and easy access to downtown Indy!

Last Agent to Sell the Property

Kyle Peckinpaugh

F.C. Tucker Company Listed on: 05/17/2022

F.C. Tucker Company

Last Buyer's Agent

Drew Schroeder

eXp Realty, LLC

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,674

Year Built

  • Built in 1930

Lot Details

  • 8,398 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Wood Frame Window
  • Living Room with Fireplace

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Lookout

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Meridian Kessler Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490601108004000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,674

Year Built

Built in 1930

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1930
  • Building Area Total: 3054
  • Garage Y N: Yes
  • Lot Size Acres: 0.1928
  • Subdivision Name: MERIDIAN KESSLER
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full, Unfinished, Daylight/Lookout Windows
  • Appliances: Other
  • Levels: Two
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Windows Wood
  • Other Equipment: Not Applicable
  • Areas Interior: Foyer Small,Laundry in Basement
  • Eating Area: Breakfast Room,Separate Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1983
  • Main Level Sq Ft: 1071
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Breakfast Bar,Kitchen Eat In
  • Below Grade Sq Ft: 1071
  • Upper Level Sq Ft: 912
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fence Full Rear
  • Foundation Details: Block
  • List Price: 450000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Garage Spaces: 3
  • Fuel: Gas
  • Garage Parking Description: Detached
  • Garage Sq Ft: 600

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Ceiling Fan(s), Other
  • Heating: Radiator(s)
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available,Gas Connected
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490601108004000801
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Street Lights,Tree Mature
  • Lot Number: 21
  • Lot Size: 8,398

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 4674
  • Semi Annual Property Tax Amt: 2337
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools
  • Schools: Center for Inquiry School 84 Elementary,Center for Inquiry School 84 Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Jun 30, 2022
Sold by
Rumpel Jean F
Bought by
Rowe Maigen
Seller's Agent
Kyle Peckinpaugh
F.C. Tucker Company
Buyer's Agent
Drew Schroeder
eXp Realty, LLC
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Current Estimated Value
$542,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,967
Avg. Annual Appreciation
6.52%
Original Mortgage
$396,000
Outstanding Balance
$376,782
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$166,186
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
Rowe Maigen $440,000 Enterprise Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rowe Maigen $396,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2022 06/24/22 Sold $440,000 -2.2% $144 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $450,000 -- $147 / 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 $5,670 $448,100 $77,700 $370,400
2023 $5,670 $463,600 $77,700 $385,900
2022 $5,669 $463,600 $77,700 $385,900
2021 $4,775 $397,900 $37,900 $360,000
2020 $4,505 $374,000 $37,900 $336,100
2019 $4,598 $374,000 $37,900 $336,100
2018 $4,557 $367,300 $37,900 $329,400
2017 $3,882 $354,600 $37,900 $316,700
2016 $3,913 $366,300 $37,900 $328,400
2014 $3,802 $349,800 $37,900 $311,900
2013 $3,551 $340,800 $37,900 $302,900
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kyle Peckinpaugh

    F.C. Tucker Company

    Section Image

  • D

    Buyer's Agent in 2022

    Drew Schroeder

    eXp Realty, LLC

    Section Image

  • C

    Buyer Co-Listing Agent in 2022

    Christie Haines

    eXp Realty, LLC

    Section Image

  • C

    Buyer Co-Listing Agent in 2022

    Christie Kuehl

    eXp Realty, LLC

    (317) 517-6406

    1 in this area

    55 Total Sales

    Christie Kuehl
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21855983

MIBOR Broker Listing Cooperative®

APN: 49-06-01-108-004.000-801

Indiana Marion County Indianapolis 46220 Meridian Kessler

518 E 58th St, Indianapolis, IN

This home is located at 518 E 58th St, Indianapolis, IN 46220 since 17 May 2022 and is currently estimated at $542,967, approximately $177 per square foot. This property was built in 1930. 518 E 58th 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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