NOT LISTED FOR SALE

537 E 11th St Indianapolis, IN 46202

Chatham Arch Neighborhood

Estimated Value: $640,454 - $700,000

1 Bed
-- Bath
3,690 Sq Ft
$180/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $625,000 $169 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,483/month

36 Days on Market

About This Home

As of March 2024

Perfectly located 4 unit in the heart of everything downtown and Mass Ave have to offer. Located steps from Bottleworks, this multifamily is sure to be the perfect investment to add to your portfolio. Continue renting as 4 long-term units or AirBnB this property for its maximum potential since it is so close to all of the bars and restaurants. There are currently vacancies so that you can fill to your needs and wants.

Last Agent to Sell the Property

Chuck Pennington

Victor & Valor Property Group Brokerage Email: chuck@victor-valor.com License #RB14050856 Listed on: 01/04/2024

Last Buyer's Agent

Tyler Renick

Tyler Knows Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,378

Year Built

  • Built in 1880

Lot Details

  • 5,171

Parking

  • 3 Car Detached Garage

Home Design

  • Quadruplex

Additional Features

  • 2-Story Property
  • 5,171 Sq Ft Lot
  • Basement

Community Details

  • Cosbys Sub Ovis Butlers 1St Add Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 490636143001000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,378

Year Built

Built in 1880

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Fourplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1880
  • Lot Size Acres: 0.12
  • Road Surface Type: Asphalt
  • Subdivision Name: Cosbys Sub Ovis Butlers 1st Add
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 156250
  • MBR_AttributionContact: chuck@victor-valor.com
  • Attribution Contact: chuck@victor-valor.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Direction Faces: North
  • List Price: 645000
  • Road Access: County Rd

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Detached

Utilities

  • Cooling: Central Electric
  • Solid Waste: No

Fee Information

  • Expenses: 3

Lot Info

  • Current Use: Apt<20
  • Lot Size Sq Ft: 5171
  • Parcel Number: 490636143001000101
  • Acres: <1/4 Acre
  • Price Acre: 5208333

Green Features

  • Green Certification Y N: No

Multi Family

  • Gross Income: 3
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 8378
  • Tax Lot: 3
  • Semi Annual Property Tax Amt: 4189

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
May 10, 2024
Sold by
Mclaughlin Polina and Renick Tyler Joel
Bought by
Ellie Manor Llc
Seller's Agent
Chuck Pennington
Victor & Valor Property Group
Buyer's Agent
Tyler Renick
Tyler Knows Real Estate LLC
List Price
$645,000
Sold Price
$625,000
Premium/Discount to List
-$20,000
-3.1%
Views
132
Current Estimated Value
$662,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,818
Avg. Annual Appreciation
6.66%
Original Mortgage
$468,750
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 4, 2024
Closed on
May 1, 2024
Sold by
Mclaughlin Polina and Renick Tyler Joel
Bought by
Mclaughlin Polina and Renick Tyler Joel
Seller's Agent
Chuck Pennington
Victor & Valor Property Group
Buyer's Agent
Tyler Renick
Tyler Knows Real Estate LLC
List Price
$645,000
Sold Price
$625,000
Premium/Discount to List
-$20,000
-3.1%
Views
132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 4, 2024
Closed on
Mar 26, 2024
Sold by
Cd Properties I Llc
Bought by
Mclaughlin Polina and Renick Tyler Joel
Seller's Agent
Chuck Pennington
Victor & Valor Property Group
Buyer's Agent
Tyler Renick
Tyler Knows Real Estate LLC
List Price
$645,000
Sold Price
$625,000
Premium/Discount to List
-$20,000
-3.1%
Views
132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 4, 2024
Closed on
Mar 14, 2024
Sold by
Cd Properties I Llc
Bought by
Mclaughlin Polina and Renick Tyler Joel
Seller's Agent
Chuck Pennington
Victor & Valor Property Group
Buyer's Agent
Tyler Renick
Tyler Knows Real Estate LLC
List Price
$645,000
Sold Price
$625,000
Premium/Discount to List
-$20,000
-3.1%
Views
132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2020
Sold by
Chung Shi Yang
Bought by
Cd Properties I Llc

Purchase Details

Listed on
Sep 3, 2019
Closed on
Oct 21, 2019
Sold by
Luther Bradley D and Ferguson Kerry L
Bought by
Chung Shi Yang
Seller's Agent
Mary Jo Showley
Carpenter, REALTORS®
Buyer's Agent
Chuck Pennington
@properties
List Price
$429,000
Sold Price
$416,500
Premium/Discount to List
-$12,500
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Original Mortgage
$309,750
Interest Rate
3.7%
Mortgage Type
New Conventional
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
Ellie Manor Llc -- None Listed On Document
Mclaughlin Polina -- First American Title
Mclaughlin Polina $625,000 First American Title
Mclaughlin Polina -- First American Title
Cd Properties I Llc -- None Listed On Document
Chung Shi Yang -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mclaughlin Polina $468,750
Previous Owner Mclaughlin Polina $468,750
Previous Owner Chung Shi Yang $309,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $625,000 -3.1% $169 / Sq Ft
02/10/2024 02/10/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $645,000 +54.9% $175 / Sq Ft
10/22/2019 10/22/19 Sold $416,500 -2.9% $113 / Sq Ft
09/12/2019 09/12/19 Pending -- -- --
09/03/2019 09/03/19 For Sale $429,000 -- $116 / 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 $11,424 $473,100 $107,500 $365,600
2023 $11,424 $473,100 $107,500 $365,600
2022 $9,568 $473,100 $107,500 $365,600
2021 $8,576 $363,200 $31,200 $332,000
2020 $8,029 $338,300 $31,200 $307,100
2019 $4,648 $250,700 $36,300 $214,400
2018 $3,012 $174,500 $36,300 $138,200
2017 $2,661 $172,900 $36,300 $136,600
2016 $2,585 $172,900 $36,300 $136,600
2014 $2,361 $163,800 $36,300 $127,500
2013 $2,479 $163,800 $36,300 $127,500
Source: Public Records

Agents Affiliated with this Home

  • Chuck Pennington

    Seller's Agent in 2024

    Chuck Pennington

    Victor & Valor Property Group

    (317) 417-9757

    17 in this area

    139 Total Sales

    Chuck Pennington
    Section Image

  • T

    Buyer's Agent in 2024

    Tyler Renick

    Tyler Knows Real Estate LLC

    Section Image

  • M

    Seller's Agent in 2019

    Mary Jo Showley

    Carpenter, REALTORS®

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21958629

MIBOR Broker Listing Cooperative®

APN: 49-06-36-143-001.000-101

Indiana Marion County Indianapolis 46202 Chatham Arch

537 E 11th St, Indianapolis, IN

This home is located at 537 E 11th St, Indianapolis, IN 46202 since 04 January 2024 and is currently estimated at $662,818, approximately $179 per square foot. This property was built in 1880. 537 E 11th 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 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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