NOT LISTED FOR SALE

642 S Meridian St Indianapolis, IN 46225

Estimated Value: $442,728

2 Beds
2 Baths
2,302 Sq Ft
$192/Sq Ft Est. Value

Last Sold February 14, 2017

Last sale price $315,000 $137 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,024/month

Highlights

  • Wood Flooring
  • Woodwork
  • Patio
  • Victorian Architecture
  • Walk-In Closet
  • 1-Story Property

About This Home

As of September 2020

This 2 bedroom 2 full bathroom 1st floor unit of this gorgeous 3 unit home is amazing and won't last long. Just steps away from Lucas Oil stadium this unit is in the heart of downtown and has everything you could ever need. As you enter the home you are greeted with gorgeous hardwood floors in the large living room. The kitchen has been recently updated and is stocked with appliances but still maintains the original character of this classic home. The hardwoods continue into the two large bedrooms as well. The two fulls baths with lots of charm. Upstairs is a loft and full bathroom. Central Air. washer and dryer included. A lovely patio that overlooks the community courtyard. Permit parking. Flat fee due monthly for utilities.

Last Agent to Rent the Property

Chad Stickley

A Step Ahead Management, LLC License #RB14040263 Listed on: 07/17/2020

Last Renter's Agent

Chad Stickley

A Step Ahead Management, LLC License #RB14040263 Listed on: 07/17/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • Victorian Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2,302 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Family or Dining Combination
  • Wood Flooring
  • Basement
  • Basement Cellar
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • Russells Subdivision

Listing and Financial Details

  • Security Deposit $1,575
  • Tenant pays for all utilities
  • The owner pays for no utilities
  • $45 Application Fee
  • Assessor Parcel Number 491112127001000101

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities
  • Lease Price: 1575.00
  • Min Lease Req: 12
  • Pet Deposit: 200
  • Security Deposit: 1575
  • Smoking: 0
  • Application Fee: 45.00
  • Pet Rental Amount: 25.00

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Victorian
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1900
  • Garage Y N: No
  • Lot Size Acres: 0.08
  • Subdivision Name: RUSSELLS
  • Property Description: This 2 bedroom 2 full bathroom 1st floor unit of this gorgeous 3 unit home is amazing and won't last long. Just steps away from Lucas Oil stadium this unit is in the heart of downtown and has everything you could ever need. As you enter the home you are greeted with gorgeous hardwood floors in the large living room. The kitchen has been recently updated and is stocked with appliances but still maintains the original character of this classic home. The hardwoods continue into the two large bedrooms as well. The two fulls baths with lots of charm. Upstairs is a loft and full bathroom. Central Air. washer and dryer included. A lovely patio that overlooks the community courtyard. Permit parking. Flat fee due monthly for utilities.
  • Transaction Type: Lease
  • Accessibility Features YN: 0
  • Floor Number: 1
  • Lifestyles: Fourplex
  • Unit Entry Level: 1
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Basement: Yes
  • Basement Type: Cellar
  • Appliances: Gas Cooktop, Dishwasher, Dryer, Kit Exhaust, Gas Oven, Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Interior Amenities: Walk-in Closet(s), Hardwood Floors, Wood Work Painted
  • Living Area: 2302
  • Other Equipment: Smoke Detector
  • Owner Pays: No Utilities
  • Room Count: 5
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1152
  • Main Level Sq Ft: 1152
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Shower Stall Full,Suite
  • Total Sq Ft: 2302
  • Kitchen Features: Kitchen Eat In,Kitchen Updated
  • Below Grade Sq Ft: 1150
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Brick, Wood
  • Disclosures: Not Applicable
  • Exterior Features: Fence Full Rear
  • Foundation Details: Brick
  • List Price: 1575
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio

Garage/Parking

  • Fuel: Electric,Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Condo/Co-op/Association

  • Pets Allowed: W/Approval
  • Condo Description Location: Building Private Entry
  • Condo Type: Vertical

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491112127001000101
  • Acres: <1/4 Acre
  • Lot Information: Corner,Sidewalks,Street Lights
  • Lot Number: 11
  • Lot Size: 37X94

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 3490
  • Semi Annual Property Tax Amt: 1745

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2022
Sold by
Nr Investment Limited Llc
Bought by
Alalena Llc
Current Estimated Value
$442,728

Purchase Details

Listed on
Nov 4, 2016
Closed on
Feb 17, 2017
Sold by
Fayad Nabil F and Webster Richard J
Bought by
Nr Investment Limited Llc
Seller's Agent
Tim Clinch
F.C. Tucker Company
Buyer's Agent
Brian Rule
F.C. Tucker Company
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.99%

Purchase Details

Listed on
Nov 4, 2016
Closed on
Feb 14, 2017
Sold by
Kuhns Peter J
Bought by
Fayad Nabil F and Webster Richard J
Seller's Agent
Tim Clinch
F.C. Tucker Company
Buyer's Agent
Brian Rule
F.C. Tucker Company
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
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
Alalena Llc -- Hocker Janet Davis
Nr Investment Limited Llc -- None Available
Fayad Nabil F $315,000 --
Webster Richard J $315,000 First American Title Insurance
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/05/2020 09/05/20 Rented $1,575 0.0% --
08/20/2020 08/20/20 Price Changed $1,575 -1.6% $1 / Sq Ft
07/22/2020 07/22/20 Price Changed $1,600 0.0% $1 / Sq Ft
07/22/2020 07/22/20 For Rent $1,600 -8.6% --
07/21/2020 07/21/20 Off Market $1,750 -- --
07/17/2020 07/17/20 For Rent $1,750 +9.4% --
04/29/2017 04/29/17 Rented $1,600 -3.0% --
04/26/2017 04/26/17 Price Changed $1,650 -5.7% $1 / Sq Ft
04/10/2017 04/10/17 Price Changed $1,750 -12.5% $1 / Sq Ft
03/25/2017 03/25/17 For Rent $1,999 0.0% --
02/14/2017 02/14/17 Sold $315,000 0.0% $74 / Sq Ft View Prior Sale
12/14/2016 12/14/16 Off Market $315,000 -- --
11/04/2016 11/04/16 For Sale $325,000 -- $76 / 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 $8,427 $337,300 $112,300 $225,000
2023 $8,427 $350,200 $112,300 $237,900
2022 $7,385 $307,500 $112,300 $195,200
2021 $6,642 $282,900 $102,100 $180,800
2020 $6,553 $283,000 $102,100 $180,900
2019 $6,674 $282,700 $102,100 $180,600
2018 $6,526 $269,300 $102,100 $167,200
2017 $5,718 $164,600 $66,400 $98,200
2016 $3,491 $158,300 $66,400 $91,900
2014 $1,256 $104,300 $15,000 $89,300
2013 $1,225 $104,300 $15,000 $89,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21725568

MIBOR Broker Listing Cooperative®

APN: 49-11-12-127-001.000-101