NOT LISTED FOR SALE

528 Kessler Boulevard East Dr Indianapolis, IN 46220

Broad Ripple Neighborhood

Estimated Value: $348,000 - $395,000

2 Beds
-- Bath
912 Sq Ft
$405/Sq Ft Est. Value

Last Sold May 25, 2016

Last sale price $150,000 $164 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $2,684/month

165 Days on Market

About This Home

As of May 2016

Character and Location! Easy to rent, this duplex is great for your investor clients and even better for an owner occupant that wants half his/her mortgage payment covered by a renter. One unit is currently rented, the other, vacant and ready to show!

Last Agent to Sell the Property

Nicole Scherrer

United Real Estate Indpls License #RB14046606 Listed on: 11/18/2015

United Real Estate Indpls

Co-Listed By

Paul Scherrer

United Real Estate Indpls License #RB14029212

Last Buyer's Agent

Tami Pelton

F.C. Tucker Company

F.C. Tucker Company

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 4,840

Home Design

  • Block Foundation
  • Aluminum Siding

Additional Features

  • 2-Story Property
  • 4,840 Sq Ft Lot
  • Basement

Community Details

  • Lights Broad Ripple Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, carpet cleaning, electricity, gas, insurance, all utilities, water
  • The owner pays for inshazard, insurance, taxes
  • Assessor Parcel Number 490601232055000801

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Two Story
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1920
  • Co List Office Phone: 317-216-8800
  • Lot Size Acres: 0.1111
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: LIGHTS BROAD RIPPLE
  • Inspection Warranties: Not Applicable
  • Property Description: Character and Location! Easy to rent, this duplex is great for your investor clients and even better for an owner occupant that wants half his/her mortgage payment covered by a renter. One unit is currently rented, the other, vacant and ready to show!
  • Transaction Type: Sale
  • Unit Count: 1
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: InsHazard, Insurance, Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: NoLaundry

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 159900

Garage/Parking

  • Unit Parking: Parking Lot,Unpaved

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Current Use: Apt<20
  • Parcel Number: 490601232055000801
  • Acres: <1/4 Acre
  • Lot Information: Busline,Curbs
  • Lot Number: 148
  • Lot Size: 4,840

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Carpet Cleaning, Electricity, Gas, Insurance, All Utilities, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4612
  • Semi Annual Property Tax Amt: 2306
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2020
Sold by
Green Couch Llc
Bought by
Cummings Ryan
Current Estimated Value
$369,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,250
Outstanding Balance
$182,713
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$184,025

Purchase Details

Listed on
Nov 18, 2015
Closed on
May 25, 2016
Sold by
Panfil Susan
Bought by
Green Couch Llc
Seller's Agent
Nicole Scherrer
United Real Estate Indpls
Buyer's Agent
Tami Pelton
F.C. Tucker Company
List Price
$179,900
Sold Price
$150,000
Premium/Discount to List
-$29,900
-16.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cummings Ryan $271,000 Title Services, Llc
Green Couch Llc -- Title Solutions Plus Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cummings Ryan $203,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2016 05/25/16 Sold $150,000 0.0% $164 / Sq Ft
05/02/2016 05/02/16 Pending -- -- --
04/16/2016 04/16/16 Off Market $150,000 -- --
04/12/2016 04/12/16 Price Changed $159,900 -2.8% $175 / Sq Ft
04/04/2016 04/04/16 Price Changed $164,500 -1.8% $180 / Sq Ft
03/02/2016 03/02/16 Price Changed $167,500 -6.9% $184 / Sq Ft
11/18/2015 11/18/15 For Sale $179,900 -- $197 / 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 $8,253 $346,300 $73,900 $272,400
2023 $8,253 $342,100 $73,900 $268,200
2022 $7,774 $342,100 $73,900 $268,200
2021 $7,043 $299,500 $31,500 $268,000
2020 $6,780 $287,100 $31,500 $255,600
2019 $7,048 $293,100 $31,500 $261,600
2018 $6,051 $248,700 $31,500 $217,200
2017 $4,899 $224,900 $31,500 $193,400
2016 $4,815 $225,900 $31,500 $194,400
2014 $4,612 $213,300 $31,500 $181,800
2013 $3,969 $190,900 $31,500 $159,400
Source: Public Records

Agents Affiliated with this Home

  • Nicole Scherrer

    Seller's Agent in 2016

    Nicole Scherrer

    United Real Estate Indpls

    (317) 506-2374

    2 in this area

    90 Total Sales

    Nicole Scherrer
    Section Image
  • Paul Scherrer

    Seller Co-Listing Agent in 2016

    Paul Scherrer

    United Real Estate Indpls

    (317) 255-7285

    6 in this area

    161 Total Sales

    Paul Scherrer
    Section Image

  • T

    Buyer's Agent in 2016

    Tami Pelton

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21388130

MIBOR Broker Listing Cooperative®

APN: 49-06-01-232-055.000-801

Indiana Marion County Indianapolis 46220 Broad Ripple

528 Kessler Boulevard East Dr, Indianapolis, IN

This home is located at 528 Kessler Boulevard East Dr, Indianapolis, IN 46220 since 18 November 2015 and is currently estimated at $369,254, approximately $404 per square foot. This property was built in 1920. 528 Kessler Boulevard East Dr 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 No. 721.

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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