NOT LISTED FOR SALE

562 N Highland Ave Indianapolis, IN 46202

Cottage Home Neighborhood

Estimated Value: $178,000 - $312,000

2 Beds
1 Bath
1,064 Sq Ft
$249/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $100,000 $94 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $1,851/month

5 Days on Market

About This Home

As of January 2022

Unique opportunity to rehab a rare shotgun duplex in historic Cottage Home. This sweet little home sits ready for your creativity. Originally built as a duplex with one bedroom on each side; but most recently lived in as a single family home. Convert it back to two perfectly tiny units or leave it as a still quaint single family. Alley access allows for off street parking and room for a garage. This fixer-upper is located in the desirable downtown Cottage Home neighborhood, close to King Dough, Bottleworks, Mass Ave and CCIC.
Property sold as-is. Property in IHPC district, all exterior work will need approval. ***Offers due by 9am Tuesday 12/21

Last Agent to Sell the Property

Jess Martin

Maywright Property Co. License #RB14044376 Listed on: 12/16/2021

Last Buyer's Agent

Dylan Hostetter

Everhart Studio, Ltd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,828

Year Built

  • 1900

Lot Details

  • 5,227

Interior Spaces

  • Formal Dining Room

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,828

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Architectural Style: Bungalow, TraditonalAmerican
  • Directions: From 10th and College, Turn East on 10th St. Turn right on Dorman, Left on Saint Claire St, Right on Highland. House will be on your right after the stop sign.
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: DAVIDSONS 2ND
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: None
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1064
  • Main Level Sq Ft: 1064
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Windows Vinyl
  • Other Equipment: Not Applicable

Exterior Features

  • Foundation Details: Brick, Brick
  • Association Maintained Building Exterior: 0
  • Construction Type: Other
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Cooling: None
  • Heating: Forced Air
  • Solid Waste: 0
  • Water Heater: Gas
  • Sewer: Sewer Connected
  • Water Source: Public

Lot Info

  • Acres: <1/4 Acre
  • Lot Number: 90
  • Lot Size: 5009

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 914
  • Tax Exemption: None
  • Tax Annual Amount: 1828
  • Tax Year: 2022

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2021
Closed on
Jan 14, 2022
Sold by
Herrington Irrevocable Trust
Bought by
Highland Property Development Llc
Seller's Agent
Jess Martin
Maywright Property Co.
Buyer's Agent
Dylan Hostetter
Everhart Studio, Ltd.
List Price
$100,000
Sold Price
$100,000
Current Estimated Value
$265,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,415
Avg. Annual Appreciation
30.00%

Purchase Details

Listed on
Dec 16, 2021
Closed on
Jan 7, 2022
Sold by
Herrington Irrevocable Trust
Bought by
Highland Property Development Llc
Seller's Agent
Jess Martin
Maywright Property Co.
Buyer's Agent
Dylan Hostetter
Everhart Studio, Ltd.
List Price
$100,000
Sold Price
$100,000

Purchase Details

Closed on
May 14, 2020
Sold by
Herrington Rosy Pearl
Bought by
Farris Betty and Herrington Irrevocable Trust
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
Highland Property Development Llc -- Lopez Dean
Highland Property Development Llc -- Lopez Dean
Farris Betty -- None Available
Herrington Murl G -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $100,000 0.0% $94 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
12/16/2021 12/16/21 For Sale $100,000 -- $94 / 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 $5,324 $150,900 $47,200 $103,700
2023 $5,324 $219,200 $47,200 $172,000
2022 $2,723 $219,200 $47,200 $172,000
2021 $2,927 $241,600 $98,400 $143,200
2020 $1,860 $159,200 $49,000 $110,200
2019 $1,757 $150,100 $49,000 $101,100
2018 $1,601 $139,900 $49,000 $90,900
2017 $1,255 $130,600 $49,000 $81,600
2016 $1,063 $122,800 $49,000 $73,800
2014 $952 $116,300 $49,000 $67,300
2013 $750 $101,800 $49,000 $52,800
Source: Public Records

Agents Affiliated with this Home

  • Jess Martin

    Seller's Agent in 2022

    Jess Martin

    Maywright Property Co.

    (317) 650-8590

    16 in this area

    163 Total Sales

    Jess Martin
    Section Image

  • D

    Buyer's Agent in 2022

    Dylan Hostetter

    Everhart Studio, Ltd.

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21828893

MIBOR Broker Listing Cooperative®

APN: 49-10-06-133-048.000-101

Indiana Marion County Indianapolis 46202 Cottage Home

562 N Highland Ave, Indianapolis, IN

This home is located at 562 N Highland Ave, Indianapolis, IN 46202 since 16 December 2021 and is currently estimated at $265,415, approximately $249 per square foot. This property was built in 1900. 562 N Highland Ave 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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