NOT LISTED FOR SALE

525 E 53rd St Indianapolis, IN 46220

Meridian Kessler Neighborhood

Estimated Value: $475,000 - $635,000

3 Beds
2.5 Baths
2,298 Sq Ft
$253/Sq Ft Est. Value

Last Sold December 06, 2023

Last sale price $590,000 $257 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,509/month

12 Days on Market

Highlights

  • Mature Trees
  • No HOA
  • Built-in Bookshelves
  • Wood Flooring
  • 1 Car Detached Garage
  • Woodwork

About This Home

As of December 2023

Fresh off the Meridian-Kessler Home Tour, this architectural gem was the talk of the weekend, sits in the heart of the neighborhood on quiet 53rd Street, & is walkable to everything. Fully renovated, stylish 3 beds/2.5 baths, beautiful original hardwoods throughout main lvl, soaring pitched ceiling, open kitchen w/soapstone counters, high-end smart appliances, eat-in kit bar. The 2 largest beds are both primary suite options w/one being on the main floor (hard to find). Main floor primary bedroom has an ideal nursery/bedroom/office adjacent to it. Fully finished lower level has the other primary bedroom suite option with a masterfully designed zen-like spa bathroom. 1 car garage with huge storage area above. An absolutely charming home.

Last Agent to Sell the Property

Matt King

F.C. Tucker Company Brokerage Email: matt.king@talktotucker.com License #RB16001708 Listed on: 10/07/2023

F.C. Tucker Company

Last Buyer's Agent

Lesli Gibson

Maywright Property Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,236

Year Built

  • Built in 1929

Lot Details

  • 3,905 Sq Ft Lot
  • Mature Trees

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Woodwork
  • Living Room with Fireplace
  • Wood Flooring
  • Finished Basement
  • Basement Window Egress
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Humidifier
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Mengs Park Ave Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 490612108001000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,236

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1929
  • Building Area Total: 2298
  • Garage Y N: Yes
  • Lot Size Acres: 0.0896
  • On Market Date: 2023-10-09
  • Subdivision Name: Mengs Park Ave
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: matt.king@talktotucker.com
  • Attribution Contact: matt.king@talktotucker.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Egress Window(s), Finished, Finished Ceiling, Finished Walls
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Humidifier, Gas Oven, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1100
  • Fireplace Features: Living Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Hardwood Floors, Wood Work Painted
  • Living Area: 2298
  • Main Level Bedrooms: 2
  • Other Equipment: Smoke Alarm
  • Eating Area: Breakfast Room,Dining Combo/Kitchen
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1198
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 4

Exterior Features

  • Construction Materials: Shingle/Shake
  • Direction Faces: North
  • Fencing: Fence Full Rear, Privacy
  • Foundation Details: Block
  • List Price: 599950

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Sidewalks, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 3905
  • Parcel Number: 490612108001000801
  • Acres: <1/4 Acre
  • Price Acre: 6584821

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3236
  • Tax Lot: 2
  • Semi Annual Property Tax Amt: 1618
  • Tax Exemption: Homestead Tax Exemption,Other Tax Exemption/See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2023
Closed on
Nov 24, 2023
Sold by
Leblanc Kelly Lee
Bought by
Dandelet Cheryl and Dandelet George
Seller's Agent
Matt King
F.C. Tucker Company
Buyer's Agent
Lesli Gibson
Maywright Property Co.
List Price
$599,900
Sold Price
$590,000
Premium/Discount to List
-$9,900
-1.65%
Views
34
Current Estimated Value
$581,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,039
Avg. Annual Appreciation
-2.84%
Original Mortgage
$472,000
Outstanding Balance
$466,271
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$95,989

Purchase Details

Closed on
May 31, 2016
Sold by
Coles Katie Lyn
Bought by
Bennett Kelly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2010
Sold by
Bova Joseph A and Bova Kathryn D
Bought by
Coles Katie Lyn and Oak River Llc
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
Dandelet Cheryl $590,000 None Listed On Document
Bennett Kelly L -- Mtc
Bennett Kelly L -- Mtc
Coles Katie Lyn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dandelet Cheryl $176,976
Open Dandelet Cheryl $472,000
Previous Owner Leblanc Kelly L $174,000
Previous Owner Bennett Kelly L $156,000
Previous Owner Bennett Kelly L $180,500
Previous Owner Hayes Albert $9,587
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2023 12/06/23 Sold $590,000 -1.7% $257 / Sq Ft
10/20/2023 10/20/23 Pending -- -- --
10/09/2023 10/09/23 Price Changed $599,950 0.0% $261 / Sq Ft
10/07/2023 10/07/23 For Sale $599,900 -- $261 / 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 $3,541 $579,900 $52,100 $527,800
2023 $3,541 $292,600 $52,100 $240,500
2022 $3,305 $292,600 $52,100 $240,500
2021 $2,963 $248,900 $18,700 $230,200
2020 $2,791 $233,800 $18,700 $215,100
2019 $2,755 $226,500 $18,700 $207,800
2018 $2,676 $218,200 $18,700 $199,500
2017 $2,082 $190,400 $18,700 $171,700
2016 $1,904 $177,600 $18,700 $158,900
2014 $1,851 $172,200 $18,700 $153,500
2013 $2,279 $184,800 $18,700 $166,100
Source: Public Records

Agents Affiliated with this Home

  • Matt King

    Seller's Agent in 2023

    Matt King

    F.C. Tucker Company

    (317) 313-5533

    62 in this area

    211 Total Sales

    Section Image

  • L

    Buyer's Agent in 2023

    Lesli Gibson

    Maywright Property Co.

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21947067

MIBOR Broker Listing Cooperative®

APN: 49-06-12-108-001.000-801

Indiana Marion County Indianapolis 46220 Meridian Kessler

525 E 53rd St, Indianapolis, IN

This home is located at 525 E 53rd St, Indianapolis, IN 46220 since 07 October 2023 and is currently estimated at $581,961, approximately $253 per square foot. This property was built in 1929. 525 E 53rd St 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.

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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