NOT LISTED FOR SALE

550 Eastern Ave Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $192,000 - $323,000

2 Beds
3 Baths
1,676 Sq Ft
$140/Sq Ft Est. Value

Last Sold August 27, 2019

Last sale price $160,000 $95 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,367/month

16 Days on Market

Highlights

  • Arts and Crafts Architecture
  • Thermal Windows
  • Breakfast Bar
  • Formal Dining Room
  • Walk-In Closet
  • Forced Air Heating and Cooling System

About This Home

As of August 2019

This one is a charmer! Located centrally to all the happenings of downtown Indianapolis, this home is sure to please. Enter in on the huge front porch to watch the traffic go by. Home has been completely remodeled in the last 2 years... all new appliances and mechanicals for your peace of mind! Living room is open to the dining room, which opens up to the kitchen. Plenty of seating here at the kitchen bar. Step out to the back patio, with more space to entertain, and enjoy the HGTV (no kidding, the fence was on an episode of Good Bones!) fully fenced back yard. Upstairs you will find 2 bedrooms, 2 bathrooms, and laundry closet. Basement is a great place for storage. This home in maintenance free, come enjoy today!

Last Agent to Sell the Property

Laura Vermillion

Carpenter, REALTORS® License #RB14046332 Listed on: 07/20/2019

Carpenter, REALTORS®

Last Buyer's Agent

Laura Vermillion

Carpenter, REALTORS® License #RB14046332 Listed on: 07/20/2019

Carpenter, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,502

Year Built

  • Built in 1912

Lot Details

  • 2,657 Sq Ft Lot
  • Privacy Fence
  • Back Yard Fenced

Home Design

  • Arts and Crafts Architecture
  • Block Foundation
  • Vinyl Siding
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Thermal Windows
  • Vinyl Clad Windows
  • Formal Dining Room
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Built-In Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Holtman & Topps Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491005153041000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,502

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts&Crafts/Craftsman
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1912
  • Garage Y N: No
  • Lot Size Acres: 0.061
  • Subdivision Name: HOLTMAN & TOPPS
  • Inspection Warranties: Not Applicable
  • Property Description: This one is a charmer! Located centrally to all the happenings of downtown Indianapolis, this home is sure to please. Enter in on the huge front porch to watch the traffic go by. Home has been completely remodeled in the last 2 years... all new appliances and mechanicals for your peace of mind! Living room is open to the dining room, which opens up to the kitchen. Plenty of seating here at the kitchen bar. Step out to the back patio, with more space to entertain, and enjoy the HGTV (no kidding, the fence was on an episode of Good Bones!) fully fenced back yard. Upstairs you will find 2 bedrooms, 2 bathrooms, and laundry closet. Basement is a great place for storage. This home in maintenance free, come enjoy today!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Disposal, MicroHood, Electric Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Interior Amenities: Walk-in Closet(s), Windows Thermal, Windows Vinyl
  • Living Area: 1676
  • Other Equipment: Smoke Detector
  • Room Count: 6
  • Areas Interior: Bath Jack-n-Jill,Laundry Closet,Laundry Room Upstairs
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1131
  • Main Level Sq Ft: 545
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Bedroom 2nd Master,Closet Walk in,TubFull with Shower
  • Total Sq Ft: 1676
  • Kitchen Features: Breakfast Bar
  • Below Grade Sq Ft: 545
  • Upper Level Sq Ft: 586
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Vinyl Siding, Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Fence Full Rear, Fence Privacy
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch,Porch Open

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None
  • Garage Parking Other: Guest Street Parking

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491005153041000101
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Storm Sewer,Street Lights,Tree Mature
  • Lot Number: 43
  • Lot Size: 2,657

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1502
  • Semi Annual Property Tax Amt: 751
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2019
Closed on
Aug 27, 2019
Sold by
Nuttall Daniel
Bought by
Zimmerman Brandon S
Seller's Agent
Laura Vermillion
Carpenter, REALTORS®
Buyer's Agent
Laura Vermillion
Carpenter, REALTORS®
List Price
$170,000
Sold Price
$160,000
Premium/Discount to List
-$10,000
-5.88%
Current Estimated Value
$225,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,833
Avg. Annual Appreciation
6.12%
Original Mortgage
$157,102
Outstanding Balance
$137,890
Interest Rate
3.7%
Mortgage Type
FHA
Estimated Equity
$97,277

Purchase Details

Listed on
Dec 26, 2017
Closed on
Mar 2, 2018
Sold by
Awi Properties Llc
Bought by
Nuttall Ii Daniel
Seller's Agent
Andrew Heimer
Heimer Real Estate LLC
Buyer's Agent
Laura Vermillion
Carpenter, REALTORS®
List Price
$139,900
Sold Price
$137,500
Premium/Discount to List
-$2,400
-1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.71%
Original Mortgage
$141,602
Interest Rate
4.04%
Mortgage Type
VA

Purchase Details

Closed on
Jun 26, 2015
Sold by
Ashland Investments Llc
Bought by
Awi Properties Llc

Purchase Details

Closed on
Mar 23, 2015
Sold by
Wyeth David C
Bought by
Ashland Investments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zimmerman Brandon S $160,000 Abstract & Title
Nuttall Ii Daniel $137,500 Abstract & Title
Awi Properties Llc -- None Available
Ashland Investments Llc $501 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zimmerman Brandon S $157,102
Previous Owner Nuttall Ii Daniel $141,602
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2019 08/27/19 Sold $160,000 0.0% $95 / Sq Ft
08/06/2019 08/06/19 Pending -- -- --
07/30/2019 07/30/19 Price Changed $160,000 -5.9% $95 / Sq Ft
07/20/2019 07/20/19 For Sale $170,000 +23.6% $101 / Sq Ft
03/02/2018 03/02/18 Sold $137,500 -1.7% $82 / Sq Ft View Prior Sale
12/26/2017 12/26/17 For Sale $139,900 -- $83 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $2,324 $187,300 $16,200 $171,100
2023 $2,324 $194,600 $16,200 $178,400
2022 $2,497 $205,600 $16,200 $189,400
2021 $2,134 $182,000 $16,200 $165,800
2020 $3,844 $164,300 $1,600 $162,700
2019 $1,774 $149,200 $1,600 $147,600
2018 $1,550 $129,300 $1,600 $127,700
2017 $1,132 $51,100 $1,600 $49,500
2016 $956 $43,800 $1,600 $42,200
2014 $173 $35,200 $1,600 $33,600
2013 $217 $41,000 $1,600 $39,400
Source: Public Records

Agents Affiliated with this Home

  • Laura Vermillion

    Seller's Agent in 2019

    Laura Vermillion

    Carpenter, REALTORS®

    (317) 696-3068

    99 Total Sales

    Laura Vermillion
    Section Image

  • A

    Seller's Agent in 2018

    Andrew Heimer

    Heimer Real Estate LLC

    (317) 590-5829

    11 in this area

    42 Total Sales

    Andrew Heimer
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21654576

MIBOR Broker Listing Cooperative®

APN: 49-10-05-153-041.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

550 Eastern Ave, Indianapolis, IN

Not Listed for Sale

Detached

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