NOT LISTED FOR SALE

655 E Merrill St Indianapolis, IN 46203

Fletcher Place Neighborhood

Estimated Value: $490,000 - $658,000

3 Beds
3 Baths
2,620 Sq Ft
$229/Sq Ft Est. Value

Last Sold January 07, 2019

Last sale price $495,000 $189 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,662/month

82 Days on Market

Highlights

  • Contemporary Architecture
  • Vaulted Ceiling
  • Built-in Bookshelves
  • Great Room with Fireplace
  • Skylights
  • 3-minute walk to Edna Balz Lacy Park

About This Home

As of January 2019

Downtown Modern Luxury Living At Its Finest! Feel At Home in this 3Bed, 3Full Bath Townhome Located in the Heart of Fletcher Place! Located on a Quiet Street, Walking Distance to Lucas Oil, Bankers Life, The Cultural Trail & The Best Restaurants in Indy! This Open Concept Home is Perfect for Entertaining! This End Unit Features Hardwood Floors, Two Fireplaces, Gorgeous Windows, An Updated Kitchen w/ Breakfast Bar, Two Balconies, Updated Baths & Much More! Owners Suite Features Walk-In Shower, HUGE CLOSET & An Incredible Private Balcony w/ The Best Views of Indy! Easy Living - Heart of Downtown Indy - Move In Ready! THIS HOME IS TRULY INCREDIBLE!

Last Agent to Sell the Property

Emily Stewart

F.C. Tucker Company License #RB15001131 Listed on: 08/30/2018

F.C. Tucker Company

Last Buyer's Agent

Jill Martin

F.C. Tucker Company

F.C. Tucker Company

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,640

Year Built

  • Built in 2004

Lot Details

  • 1 Common Wall

Parking

  • Garage

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Stone

Interior Spaces

  • 3-Story Property
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Great Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 491101218011001101

Community Details

Overview

  • Association fees include insurance, professional mgmt, snow removal, trash
  • Merrill Subdivision
  • Property managed by Kirkpatrick

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,640

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemp
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 2004
  • Garage Y N: Yes
  • Subdivision Name: MERRILL
  • Inspection Warranties: Not Applicable
  • Property Description: Downtown Modern Luxury Living At Its Finest! Feel At Home in this 3Bed, 3Full Bath Townhome Located in the Heart of Fletcher Place! Located on a Quiet Street, Walking Distance to Lucas Oil, Bankers Life, The Cultural Trail & The Best Restaurants in Indy! This Open Concept Home is Perfect for Entertaining! This End Unit Features Hardwood Floors, Two Fireplaces, Gorgeous Windows, An Updated Kitchen w/ Breakfast Bar, Two Balconies, Updated Baths & Much More! Owners Suite Features Walk-In Shower, HUGE CLOSET & An Incredible Private Balcony w/ The Best Views of Indy! Easy Living - Heart of Downtown Indy - Move In Ready! THIS HOME IS TRULY INCREDIBLE!
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Floor Number: 1
  • Lifestyles: Townhouse
  • Unit Entry Level: 1
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: Three Or More
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 2
  • Interior Amenities: Built In Book Shelves, Raised Ceiling(s), Walk-in Closet(s), Skylight(s)
  • Living Area: 2620
  • Other Equipment: Smoke Detector, Water-Softener Owned
  • Room Count: 8
  • Areas Interior: Laundry Room Upstairs
  • Eating Area: Breakfast Bar,Dining Combo/Great Room,Kitchen Updated,Pantry
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2620
  • Main Level Sq Ft: 759
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Balcony,Closet Walk in,Deck,Fireplace,Suite
  • Total Sq Ft: 2620
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 1861
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Stone
  • Disclosures: Not Applicable
  • Foundation Details: Other
  • Association Maintained Building Exterior: 1
  • Porch: Balcony,Deck UP

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Attached
  • Garage Parking Other: Common Lot,Finished Garage,Guest Parking Premises,Guest Street Parking,Keyless Entry
  • Num Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Quarterly
  • Management Company Name: Kirkpatrick
  • Management Company Phone: 317-570-4358
  • Condo Description Location: Building Private Entry,End Unit
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Insurance, Insurance, Professional Mgmt, Snow Removal, Trash
  • Mandatory Fee: 930

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491101218011001101
  • Acres: CndHPRCoop
  • Lot Information: Corner,Sidewalks,Street Lights
  • Lot Number: 5
  • Lot Size: 20x64

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 4640
  • Semi Annual Property Tax Amt: 2320
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2018
Closed on
Jan 4, 2019
Sold by
Pavilonis Stephnie Cook
Bought by
Youngs Matthias and Zang Zhuqiong
Seller's Agent
Emily Stewart
F.C. Tucker Company
Buyer's Agent
Jill Martin
F.C. Tucker Company
List Price
$539,000
Sold Price
$495,000
Premium/Discount to List
-$44,000
-8.16%
Current Estimated Value
$600,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,672
Avg. Annual Appreciation
2.82%
Original Mortgage
$425,000
Outstanding Balance
$375,163
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$225,509

Purchase Details

Listed on
Jan 20, 2016
Closed on
Feb 18, 2016
Sold by
Wright C Michael
Bought by
Cook Stephanie D
Seller's Agent
Eric Forney
Keller Williams Indy Metro S
Buyer's Agent
Eric Forney
Keller Williams Indy Metro W
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Youngs Matthias $495,000 Royal Title Services
Cook Stephanie D -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Youngs Matthias $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/07/2019 01/07/19 Sold $495,000 -0.8% $189 / Sq Ft
11/21/2018 11/21/18 Pending -- -- --
11/14/2018 11/14/18 Price Changed $499,000 -7.4% $190 / Sq Ft
08/30/2018 08/30/18 For Sale $539,000 +26.8% $206 / Sq Ft
02/18/2016 02/18/16 Sold $425,000 0.0% $162 / Sq Ft View Prior Sale
01/26/2016 01/26/16 Pending -- -- --
01/25/2016 01/25/16 Off Market $425,000 -- --
01/20/2016 01/20/16 For Sale $425,000 -- $162 / 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 $6,291 $513,400 $58,700 $454,700
2023 $6,291 $517,400 $58,700 $458,700
2022 $6,471 $517,400 $58,700 $458,700
2021 $5,859 $490,400 $58,700 $431,700
2020 $5,927 $494,000 $58,700 $435,300
2019 $6,075 $496,300 $58,700 $437,600
2018 $5,262 $426,300 $58,700 $367,600
2017 $4,639 $427,400 $58,700 $368,700
2016 $4,068 $383,800 $58,700 $325,100
2014 $3,507 $323,000 $58,700 $264,300
2013 $3,645 $419,900 $58,700 $361,200
Source: Public Records

Agents Affiliated with this Home

  • Emily Stewart

    Seller's Agent in 2019

    Emily Stewart

    F.C. Tucker Company

    (317) 849-5050

    138 Total Sales

    Emily Stewart
    Section Image

  • J

    Buyer's Agent in 2019

    Jill Martin

    F.C. Tucker Company

    Section Image
  • Eric Forney

    Seller's Agent in 2016

    Eric Forney

    Keller Williams Indy Metro S

    (317) 537-0029

    1 in this area

    1,061 Total Sales

    Eric Forney
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21591864

MIBOR Broker Listing Cooperative®

APN: 49-11-01-218-011.001-101

Indiana Marion County Indianapolis 46203 Fletcher Place

655 E Merrill St, Indianapolis, IN

Not Listed for Sale

Townhouses

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