NOT LISTED FOR SALE

619 E 49th St Indianapolis, IN 46205

Meridian Kessler Neighborhood

Estimated Value: $377,000 - $503,000

4 Beds
1 Bath
2,115 Sq Ft
$216/Sq Ft Est. Value

Last Sold December 14, 2023

Last sale price $475,000 $225 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,807/month

38 Days on Market

Highlights

  • Traditional Architecture
  • Laundry closet
  • Forced Air Heating System
  • Balcony

About This Home

As of December 2023

ATTENTENTION INVESTORS! Rare to find a renovated duplex in the heart of Meridian Kessler! Lower unit is a 3 Bed 2 Bath w/ privacy fenced in yard and 1.5 car garage. Upper unit is 3 Bed 1 Bath w/ rooftop level balcony. Interiors of both units renovated in 2022 including new flooring, lighting, interior/exterior paint, updated bathrooms, in unit laundry, some mechanicals replaced & updated kitchens. Kitchens feature granite countertops, tile backsplash, white shaker cabinets, & SS appliances. LVP flooring in main areas & carpet in all bedrooms. All bathrooms renovated. Storage in basement. Walking distance to the Monon Trail, multiple restaurants, bars, & coffee shops. Utilize it's income potential or live in one unit & rent out the other

Last Agent to Sell the Property

Zac Canull

Canull Group LLC Brokerage Email: zac@canull-group.com License #RB14051071 Listed on: 09/07/2023

Co-Listed By

Josef Wagle

Dropped Members Brokerage Email: zac@canull-group.com License #RB18002203

Last Buyer's Agent

Hayley Puff

RE/MAX Advanced Realty

RE/MAX Advanced Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,994

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 4,661

Parking

  • 1 Car Garage
  • Alley Access

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Foundation

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector
  • Laundry closet

Unfinished Basement

  • Exterior Basement Entry
  • Basement Storage

Utilities

  • Forced Air Heating System
  • Separate Meters

Additional Features

  • Balcony
  • 4,661 Sq Ft Lot

Community Details

  • Silas H Johnson Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 801
  • Assessor Parcel Number 490612236037000801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,994

Year Built

Built in 1920 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1920
  • Co List Office Phone: 317-418-7076
  • Lot Size Acres: 0.11
  • Structure Type: Duplex
  • Subdivision Name: Silas H Johnson
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: zac@canull-group.com
  • Multi Rooms: 13
  • Attribution Contact: zac@canull-group.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Exterior Entry, Storage Space, Unfinished
  • Levels: Two
  • Gross Area Sq Ft: 2115
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Construction Materials: Wood
  • Direction Faces: North
  • Exterior Features: Balcony
  • Fencing: Fence Full Rear, Privacy
  • Foundation Details: Brick
  • List Price: 479900
  • Property Condition: Updated/Remodeled
  • Road Access: See Remarks

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Alley Access
  • Unit Parking: 1 Car Garage

Utilities

  • Cooling: Separate Meters
  • Heating: Forced Air
  • Laundry Features: Laundry Closet
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Access
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Current Use: Vacant
  • Lot Size Sq Ft: 4661
  • Parcel Number: 490612236037000801
  • Zoning: SFR
  • Acres: <1/4 Acre
  • Price Acre: 4318182

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 46800
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4994
  • Tax Lot: 801
  • Semi Annual Property Tax Amt: 2497
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Dec 14, 2023
Sold by
Best Management Llc
Bought by
Lathan Zachary
Seller's Agent
Zac Canull
Canull Group LLC
Buyer's Agent
Hayley Puff
RE/MAX Advanced Realty
List Price
$525,000
Sold Price
$475,000
Premium/Discount to List
-$50,000
-9.52%
Views
129
Current Estimated Value
$456,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,843
Avg. Annual Appreciation
-2.21%
Original Mortgage
$466,396
Outstanding Balance
$459,032
Interest Rate
7.76%
Mortgage Type
FHA
Estimated Equity
-$2,875

Purchase Details

Listed on
Sep 7, 2023
Closed on
Dec 12, 2023
Sold by
Best Management Llc
Bought by
Lathan Zachary
Seller's Agent
Zac Canull
Canull Group LLC
Buyer's Agent
Hayley Puff
RE/MAX Advanced Realty
List Price
$525,000
Sold Price
$475,000
Premium/Discount to List
-$50,000
-9.52%
Views
129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,396
Outstanding Balance
$459,032
Interest Rate
7.76%
Mortgage Type
FHA
Estimated Equity
-$2,875

Purchase Details

Listed on
Feb 15, 2022
Closed on
May 6, 2022
Sold by
Langdon W And Jo Ann J Kumler Living Tru
Bought by
Best Management Llc
Seller's Agent
Taylor Kumler
Kumler Realty
Buyer's Agent
Zac Canull
Indy Home Shop LLC
List Price
$295,000
Sold Price
$275,000
Premium/Discount to List
-$20,000
-6.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.92%
Source: Public Records

Range of Values:

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Average Value
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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
Lathan Zachary -- None Listed On Document
Lathan Zachary $475,000 None Listed On Document
Best Management Llc -- Hall Render Killian Heath & Ly
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lathan Zachary $466,396
Closed Lathan Zachary $466,396
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2023 12/14/23 Sold $475,000 -1.0% $225 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
10/10/2023 10/10/23 Price Changed $479,900 -3.1% $227 / Sq Ft
09/21/2023 09/21/23 Price Changed $495,000 -5.7% $234 / Sq Ft
09/07/2023 09/07/23 For Sale $525,000 +90.9% $248 / Sq Ft
04/04/2022 04/04/22 Sold $275,000 -6.8% $130 / Sq Ft View Prior Sale
02/22/2022 02/22/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $295,000 -- $139 / 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 $4,546 $454,400 $31,900 $422,500
2023 $4,546 $269,400 $31,900 $237,500
2022 $4,993 $157,900 $31,900 $126,000
2021 $4,675 $197,600 $28,100 $169,500
2020 $4,612 $194,200 $28,100 $166,100
2019 $5,158 $0 $0 $0
2018 $5,202 $213,700 $28,100 $185,600
2017 $4,022 $184,300 $28,100 $156,200
2016 $3,920 $183,500 $28,100 $155,400
2014 $4,966 $229,700 $28,100 $201,600
2013 $4,037 $194,200 $28,100 $166,100
Source: Public Records

Agents Affiliated with this Home

  • Zac Canull

    Seller's Agent in 2023

    Zac Canull

    Canull Group LLC

    (317) 496-3632

    21 in this area

    101 Total Sales

    Zac Canull
    Section Image

  • J

    Seller Co-Listing Agent in 2023

    Josef Wagle

    Dropped Members

    Section Image

  • H

    Buyer's Agent in 2023

    Hayley Puff

    RE/MAX

    Section Image

  • T

    Seller's Agent in 2022

    Taylor Kumler

    Kumler Realty

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21942290

MIBOR Broker Listing Cooperative®

APN: 49-06-12-236-037.000-801

Indiana Marion County Indianapolis 46205 Meridian Kessler

619 E 49th St, Indianapolis, IN

This home is located at 619 E 49th St, Indianapolis, IN 46205 since 07 September 2023 and is currently estimated at $456,157, approximately $215 per square foot. This property was built in 1920. 619 E 49th St is a home located in Marion County with nearby schools including James Whitcomb Riley School 43, 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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