NOT LISTED FOR SALE

520 E Merrill St Indianapolis, IN 46203

Fletcher Place Neighborhood

Estimated Value: $322,000 - $387,000

4 Beds
-- Bath
-- Sq Ft
3,528 Sq Ft Lot

Last Sold September 22, 2015

Last sale price $137,000

Est. 188% increase in value since last sale

Current estimated payment $2,365/month

31 Days on Market

About This Home

As of September 2015

FAST GROWING AREA OF RECENTLY BUILT AND RENOVATED CONDOS PRICED AT $300K+. ACROSS FROM ELI LILLY COMPANY. WALK TO DOWNTOWN, FOUNTAIN SQUARE, PENSKE FIELDHOUSE, MOVIES AND DOWNTOWN'S FINEST RESTAURANTS. ONE MINUTE ACCESS TO I-65. LIVE IN ONE UNIT AND RENT THE OTHER TWO. ENJOY DOWNTOWN LIVING.

Last Agent to Sell the Property

Vicki Tipton

Destiny REALTORS, LLC Listed on: 06/08/2015

Last Buyer's Agent

Alexandria Hyche

Carpenter, REALTORS®

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,938

Year Built

  • Built in 1920

Lot Details

  • 3,528

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for inshazard, insurance, lawncare, taxes
  • Assessor Parcel Number 491112114001000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,938

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Apart Complex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1920
  • Structure Type: Triplex
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: FAST GROWING AREA OF RECENTLY BUILT AND RENOVATED CONDOS PRICED AT $300K+. ACROSS FROM ELI LILLY COMPANY. WALK TO DOWNTOWN, FOUNTAIN SQUARE, PENSKE FIELDHOUSE, MOVIES AND DOWNTOWN'S FINEST RESTAURANTS. ONE MINUTE ACCESS TO I-65. LIVE IN ONE UNIT AND RENT THE OTHER TWO. ENJOY DOWNTOWN LIVING.
  • Transaction Type: Sale
  • Unit Count: 3
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: InsHazard, Insurance, Insurance, Lawncare, Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: ConnNone

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 150000
  • Construction Stage: SeeRemarks
  • Construction Status: Resale/Previously Occupied

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 491112114001000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Curbs,Sidewalks
  • Lot Number: 17
  • Lot Size: 30X117

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1938
  • Semi Annual Property Tax Amt: 969
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2015
Closed on
Sep 18, 2015
Sold by
Mcwilliams Terrence and Mcwilliams Monique
Bought by
Binhack Jessica M and Binhack Kyle M
Seller's Agent
Vicki Tipton
Destiny REALTORS, LLC
Buyer's Agent
Alexandria Hyche
Carpenter, REALTORS®
List Price
$150,000
Sold Price
$137,000
Premium/Discount to List
-$13,000
-8.67%
Current Estimated Value
$394,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,667
Avg. Annual Appreciation
11.09%

Purchase Details

Closed on
May 30, 2008
Sold by
Mcwilliams Terrence and Mcwilliams Monique H
Bought by
Mack 4 Properties Llc

Purchase Details

Closed on
Mar 28, 2008
Sold by
Mack 4 Properties Llc
Bought by
Mcwilliams Terrence and Mcwilliams Monique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,450
Interest Rate
6.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 10, 2005
Sold by
Mcwilliams Terrance and Mcwilliams Monlque H
Bought by
Mack 4 Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2005
Sold by
Mack 4 Properties Llc
Bought by
Mcwilliams Terrance and Mcwilliams Monique H
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
Binhack Jessica M -- None Available
Mack 4 Properties Llc -- None Available
Mcwilliams Terrence -- Lsi
Mack 4 Properties Llc -- None Available
Mcwilliams Terrance -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcwilliams Terrence $112,450
Previous Owner Mack 4 Properties Llc $71,200
Previous Owner Mcwilliams Terrance L $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2015 09/22/15 Sold $137,000 -8.7% --
07/10/2015 07/10/15 Pending -- -- --
06/08/2015 06/08/15 For Sale $150,000 -- --
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 $2,442 $197,500 $42,800 $154,700
2023 $2,442 $197,500 $42,800 $154,700
2022 $2,198 $197,500 $42,800 $154,700
2021 $1,926 $157,900 $22,100 $135,800
2020 $1,890 $154,500 $22,100 $132,400
2019 $1,879 $151,200 $22,100 $129,100
2018 $1,743 $139,300 $22,100 $117,200
2017 $1,524 $133,100 $22,100 $111,000
2016 $1,395 $127,200 $22,100 $105,100
2014 $1,939 $89,700 $22,100 $67,600
2013 $2,016 $89,700 $22,100 $67,600
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2015

    Vicki Tipton

    Destiny REALTORS, LLC

  • A

    Buyer's Agent in 2015

    Alexandria Hyche

    Carpenter, REALTORS®

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21357964

MIBOR Broker Listing Cooperative®

APN: 49-11-12-114-001.000-101

Indiana Marion County Indianapolis 46203 Fletcher Place

520 E Merrill St, Indianapolis, IN

This home is located at 520 E Merrill St, Indianapolis, IN 46203 since 08 June 2015 and is currently estimated at $354,500. This property was built in 1920. 520 E Merrill St is a home located in Marion County with nearby schools including Washington Irving School 14, 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.

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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