NOT LISTED FOR SALE

539 E 11th St Indianapolis, IN 46202

Chatham Arch Neighborhood

Estimated Value: $717,000 - $1,012,000

4 Beds
4 Baths
4,800 Sq Ft
$176/Sq Ft Est. Value

Last Sold September 25, 2019

Last sale price $210,000 $44 Per Sq Ft

Est. 301% increase in value since last sale

Current estimated payment $5,786/month

33 Days on Market

Highlights

  • Contemporary Architecture
  • 3 Car Attached Garage
  • 1-Story Property
  • Vaulted Ceiling
  • Security System Owned
  • Ceiling Fan

About This Home

As of September 2019

Here is an opportunity! Huge 4,800 square foot building essentially one room- wow! 16' ceilings- solid concrete block walls...literally covering the lot border-to-border. Openings only on front facing 11th, and back on Pomeroy St. which is more like an alley. Large commercial over-head doors open at back, and front- old window openings on the front could be open again. What possibilities! Local architect has suggestions for making this a dramatic- humongous! - contemporary, industrial looking home. All it takes is time and money! But what possibilities for the buyer willing to dream big. Great homes as neighbors on both sides- and wonderful location walkable to Mass Ave. Bring your imagination- no limits here!

Last Agent to Sell the Property

Gary Angstadt

CENTURY 21 Scheetz License #RB14035796 Listed on: 07/16/2019

CENTURY 21 Scheetz

Last Buyer's Agent

Gary Angstadt

CENTURY 21 Scheetz License #RB14035796 Listed on: 07/16/2019

CENTURY 21 Scheetz

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,236

Year Built

  • Built in 1926

Lot Details

  • 4,800 Sq Ft Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation

Interior Spaces

  • 4,800 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Utilities

  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Community Details

  • Subdivision Not Available See Legal

Listing and Financial Details

  • Assessor Parcel Number 490636143004000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,236

Year Built

Built in 1926

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1926
  • Garage Y N: Yes
  • Lot Size Acres: 0.1102
  • Subdivision Name: SUBDIVISION NOT AVAILABLE See Legal
  • Inspection Warranties: General
  • Property Description: Here is an opportunity! Huge 4,800 square foot building essentially one room- wow! 16' ceilings- solid concrete block walls...literally covering the lot border-to-border. Openings only on front facing 11th, and back on Pomeroy St. which is more like an alley. Large commercial over-head doors open at back, and front- old window openings on the front could be open again. What possibilities! Local architect has suggestions for making this a dramatic- humongous! - contemporary, industrial looking home. All it takes is time and money! But what possibilities for the buyer willing to dream big. Great homes as neighbors on both sides- and wonderful location walkable to Mass Ave. Bring your imagination- no limits here!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Interior Amenities: Raised Ceiling(s)
  • Living Area: 4800
  • Other Equipment: Security Alarm Paid, Smoke Detector
  • Room Count: 2
  • Eating Area: None
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 4800
  • Main Level Sq Ft: 4800
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 4800
  • Below Grade Sq Ft: 0

Exterior Features

  • Construction Materials: Block
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Garage Spaces: 3
  • Fuel: Gas
  • Garage Parking Description: Built-In

Utilities

  • Sewer: Sewer Connected
  • Cooling: Ceiling Fan(s)
  • Heating: SpaceWallUnit
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490636143004000101
  • Acres: <1/4 Acre
  • Lot Number: 4
  • Lot Size: 4800

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2236
  • Semi Annual Property Tax Amt: 1118
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2021
Sold by
Mikusky Patrick
Bought by
Mikusky Patrick and Mikusky Jennifer Anne
Current Estimated Value
$842,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,000
Outstanding Balance
$484,968
Interest Rate
2.7%
Mortgage Type
Construction
Estimated Equity
$357,639

Purchase Details

Closed on
Mar 11, 2021
Sold by
Mikusky Patrick
Bought by
Mikusky Patrick and Mikusky Jennifer Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,000
Outstanding Balance
$484,968
Interest Rate
2.7%
Mortgage Type
Construction
Estimated Equity
$357,639

Purchase Details

Listed on
Jul 16, 2019
Closed on
Sep 25, 2019
Sold by
Jti Properties Llc
Bought by
Mikusky Patrick
Seller's Agent
Gary Angstadt
CENTURY 21 Scheetz
Buyer's Agent
Gary Angstadt
CENTURY 21 Scheetz
List Price
$300,000
Sold Price
$210,000
Premium/Discount to List
-$90,000
-30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.63%

Purchase Details

Closed on
Dec 5, 2016
Sold by
Irish John T
Bought by
Jti Properties Llc

Purchase Details

Closed on
Nov 20, 2008
Sold by
Frank E Irish Inc
Bought by
Irish John T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mikusky Patrick -- Quality Title
Mikusky Patrick -- Quality Title
Mikusky Patrick $210,000 Enterprise Title
Jti Properties Llc -- None Available
Irish John T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mikusky Patrick $541,000
Closed Mikusky Patrick $541,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2019 09/25/19 Sold $210,000 -30.0% $44 / Sq Ft
08/19/2019 08/19/19 Pending -- -- --
07/16/2019 07/16/19 For Sale $300,000 -- $63 / 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 $16,558 $735,000 $100,000 $635,000
2023 $16,558 $692,800 $100,000 $592,800
2022 $16,004 $737,100 $100,000 $637,100
2021 $4,341 $184,400 $29,000 $155,400
2020 $3,995 $168,900 $29,000 $139,900
2019 $2,248 $71,900 $24,000 $47,900
2018 $2,313 $71,900 $24,000 $47,900
2017 $2,014 $70,400 $24,000 $46,400
2016 $1,843 $67,800 $24,000 $43,800
2014 $1,972 $67,500 $24,000 $43,500
2013 $2,173 $67,500 $24,000 $43,500
Source: Public Records

Agents Affiliated with this Home

  • Gary Angstadt

    Seller's Agent in 2019

    Gary Angstadt

    CENTURY 21 Scheetz

    (317) 627-6652

    117 Total Sales

    Gary Angstadt
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21654588

MIBOR Broker Listing Cooperative®

APN: 49-06-36-143-004.000-101

Indiana Marion County Indianapolis 46202 Chatham Arch

539 E 11th St, Indianapolis, IN

Not Listed for Sale

Detached

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