NOT LISTED FOR SALE

616 E Perry St Indianapolis, IN 46227

North Perry Neighborhood

Estimated Value: $58,000 - $113,630

2 Beds
1 Bath
778 Sq Ft
$117/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $70,000 $90 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $528/month

Highlights

  • No HOA
  • Woodwork
  • Forced Air Heating System
  • Wood Frame Window
  • 1-Story Property
  • Family or Dining Combination

About This Home

As of April 2024

This home is located at 616 E Perry St, Indianapolis, IN 46227 since 05 April 2024 and is currently estimated at $90,658, approximately $116 per square foot. This property was built in 1940. 616 E Perry St is a home located in Marion County with nearby schools including Eleanor Skillen School No. 34, George W. Julian School No. 57, and James A. Garfield School 31.

Last Agent to Sell the Property

Terry Young

Red Bridge Real Estate Brokerage Email: terry@redbridgerealestate.com Listed on: 04/05/2024

Last Buyer's Agent

Cung Bik

Landtree, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $376

Year Built

  • Built in 1940

Lot Details

  • 5,140 Sq Ft Lot

Home Design

  • Block Foundation

Interior Spaces

  • 778 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Wood Frame Window
  • Family or Dining Combination

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Grasmere Subdivision

Listing and Financial Details

  • Tax Lot 164
  • Assessor Parcel Number 491125117001050501

Home Details

Home Type

Single Family

Est. Annual Taxes

$376

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1940
  • Building Area Total: 778
  • Garage Y N: No
  • Lot Size Acres: 0.12
  • Subdivision Name: Grasmere
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: terry@redbridgerealestate.com
  • Attribution Contact: terry@redbridgerealestate.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Windows Wood, WoodWorkStain/Painted
  • Living Area: 778
  • Main Level Bedrooms: 2
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 778
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 69500

Garage/Parking

  • Garage Sq Ft: 0

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 5140
  • Parcel Number: 491125117001050501
  • Acres: <1/4 Acre
  • Price Acre: 583333

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 376
  • Tax Lot: 164
  • Semi Annual Property Tax Amt: 188

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
Apr 10, 2024
Sold by
Simple Quarters Llc
Bought by
Compoundproperty Llc
Seller's Agent
Terry Young
Red Bridge Real Estate
Buyer's Agent
Cung Bik
Landtree, REALTORS®
List Price
$69,500
Sold Price
$70,000
Premium/Discount to List
$500
0.72%
Views
28
Current Estimated Value
$90,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,658
Avg. Annual Appreciation
16.84%
Original Mortgage
$40,000
Interest Rate
1%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 5, 2024
Closed on
Mar 20, 2024
Sold by
Cortes Josue Flores and Botello-Espinoza Adriana
Bought by
Simple Quarters Llc
Seller's Agent
Terry Young
Red Bridge Real Estate
Buyer's Agent
Cung Bik
Landtree, REALTORS®
List Price
$69,500
Sold Price
$70,000
Premium/Discount to List
$500
0.72%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
1%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 5, 2024
Closed on
Mar 18, 2024
Sold by
Cortes Josue Flores and Botello-Espinoza Adriana
Bought by
Simple Quarters Llc
Seller's Agent
Terry Young
Red Bridge Real Estate
Buyer's Agent
Cung Bik
Landtree, REALTORS®
List Price
$69,500
Sold Price
$70,000
Premium/Discount to List
$500
0.72%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
1%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 17, 2017
Sold by
Emerson Trust Ii
Bought by
Heffley Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.92%

Purchase Details

Closed on
May 1, 2006
Sold by
Stout Rose Lee
Bought by
Emerson Ii 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
Compoundproperty Llc $70,000 None Listed On Document
Simple Quarters Llc -- None Listed On Document
Simple Quarters Llc $43,000 None Listed On Document
Simple Quarters Llc $43,000 None Listed On Document
Heffley Jeffrey $30,500 --
Cortes Josue Flores $30,500 --
Cortes Josue Flores $30,500 Hocker And Associates
Emprosn Trust Ii $30,500 Hocker And Associates
Emerson Ii Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Compoundproperty Llc $75,750
Closed Simple Quarters Llc $40,000
Previous Owner Emerson Trust Ii $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $70,000 +0.7% $90 / Sq Ft
04/06/2024 04/06/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $69,500 -- $89 / 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 $422 $60,200 $6,900 $53,300
2023 $422 $54,900 $6,900 $48,000
2022 $444 $53,700 $6,900 $46,800
2021 $389 $43,300 $6,900 $36,400
2020 $375 $41,700 $6,900 $34,800
2019 $341 $36,700 $3,500 $33,200
2018 $323 $33,500 $3,500 $30,000
2017 $106 $6,500 $3,500 $3,000
2016 $194 $6,400 $3,500 $2,900
2014 $136 $6,300 $3,500 $2,800
2013 $141 $6,300 $3,500 $2,800
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Terry Young

    Red Bridge Real Estate

    (765) 335-1905

    4 in this area

    296 Total Sales

    Terry Young
    Section Image

  • C

    Buyer's Agent in 2024

    Cung Bik

    Landtree, REALTORS®

    (317) 772-0669

    2 in this area

    25 Total Sales

    Cung Bik
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21972482

MIBOR Broker Listing Cooperative®

APN: 49-11-25-117-001.050-501

Indiana Marion County Indianapolis 46227 North Perry

616 E Perry St, Indianapolis, IN

This home is located at 616 E Perry St, Indianapolis, IN 46227 since 05 April 2024 and is currently estimated at $90,658, approximately $116 per square foot. This property was built in 1940. 616 E Perry St is a home located in Marion County with nearby schools including Eleanor Skillen School No. 34, George W. Julian School No. 57, and James A. Garfield School 31.

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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