NOT LISTED FOR SALE

749 N Park Ave Unit B Indianapolis, IN 46202

Chatham Arch Neighborhood

Estimated Value: $733,000 - $1,358,000

3 Beds
3 Baths
2,150 Sq Ft
$528/Sq Ft Est. Value

Last Sold January 10, 2023

Last sale price $1,262,500 $587 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $7,896/month

155 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • 2 Car Detached Garage
  • Vaulted Ceiling
  • Double Oven
  • Woodwork

About This Home

As of January 2023

The perfect mix of historic charm and modern amenities! Located in Chatham Arch, the historic Phoenix Theatre was renovated into 3 unique condos. Enter to find a bright foyer overlooking the DR adjacent to the family rm with HW floors, industrial metal beams and exposed brick. Gourmet kit has high end cabinets with granite counters, rustic wood island, SS appliances and WI pantry. Just off this area is an office/4th BR and full bath. Head upstairs to find a living rm with FP and steps to a large patio overlooking the neighborhood. The master suite includes a double sink vanity, huge tile shower w/ skylight & massive WIC w/ laundry. Basement: 2 nicely sized BRs, a full bath as well as a sunken bonus room setup for theatre or golf simulator.

Last Agent to Sell the Property

Joshua Carpenter

Trueblood Real Estate Listed on: 06/08/2022

Trueblood Real Estate

Last Buyer's Agent

Chris Burgess

My Agent

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $13,748

Year Built

  • Built in 1907

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Family or Dining Combination

Kitchen

  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Kitchen Island

Flooring

  • Wood
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Window Egress

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Association fees include home owners, lawncare, ground maintenance, maintenance structure, maintenance, snow removal
  • Woods Sub Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 491101168089001101

Property Details

Home Type

Co-Op

Est. Annual Taxes

$13,748

Year Built

Built in 1907

Lot Details

0

HOA Fees

$550 per month

Parking

2

Listing Details

  • Architectural Style: Contemporary
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1907
  • Building Area Total: 3390
  • Garage Y N: Yes
  • Subdivision Name: Woods Sub
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Website: http://www.wesellindyteam.com
  • Accessibility Features YN: No
  • Floor Number: 1
  • Unit Entry Level: 1
  • F H A Certified: No
  • MBR_AttributionContact: josh@wesellindyteam.com
  • Special Features: VirtualTour
  • Property Sub Type: Coop

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Full, Egress Window(s), Sump Pump
  • Appliances: Gas Cooktop, Dryer, Microwave, Range Hood, Washer, Double Oven, Gas Water Heater
  • Levels: Two
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1240
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Interior Amenities: Vaulted Ceiling(s), Walk-in Closet(s), Hardwood Floors, WoodWorkStain/Painted, Entrance Foyer, Center Island, Pantry
  • Living Area: 2150
  • Other Equipment: Security Alarm Paid, Smoke Alarm
  • Areas Interior: Family Room 2nd Story,Living Room Formal
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1225
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 925
  • ResoLivingAreaSource: Plans
  • Rooms Basement: 4
  • SqFt Total: 3390

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Fencing: Partial
  • Foundation Details: Block
  • List Price: 1350000

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Concrete, Detached, Garage Door Opener, Heated, Storage
  • Garage Parking Other: Other
  • Garage Sq Ft: 315

Utilities

  • Utilities: Cable Available, Gas
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Upper Level
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 550
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Management Company Name: -
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Building Common Entry
  • Condo Type: Co-op

Fee Information

  • Association Fee Includes: Association Home Owners, Lawncare, Maintenance Grounds, Maintenance Structure, Maintenance, Snow Removal

Lot Info

  • Lot Features: Sidewalks, Street Lights
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Parcel Number: 491101168089001101
  • Acres: CndHPRCoop

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 13748
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 6874
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Jan 17, 2023
Sold by
Carr Robert R and Carr Kristie
Bought by
Harbert Shawn David
Seller's Agent
Joshua Carpenter
Trueblood Real Estate
Buyer's Agent
Chris Burgess
My Agent
List Price
$1,500,000
Sold Price
$1,262,500
Premium/Discount to List
-$237,500
-15.83%
Views
35
Current Estimated Value
$1,136,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$126,499
Avg. Annual Appreciation
-3.42%
Original Mortgage
$1,000,000
Outstanding Balance
$971,830
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$179,478

Purchase Details

Closed on
Mar 11, 2020
Sold by
Phoenix Redevelopment Partners Llc
Bought by
Carr Robert R and Carr Kristie
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
Harbert Shawn David $1,262,500 First American Title
Carr Robert R -- None Available
Carr Robert R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harbert Shawn David $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2023 01/10/23 Sold $1,262,500 -6.5% $587 / Sq Ft
11/11/2022 11/11/22 Pending -- -- --
06/24/2022 06/24/22 Price Changed $1,350,000 -10.0% $628 / Sq Ft
06/08/2022 06/08/22 For Sale $1,500,000 -- $698 / 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 $14,020 $1,151,600 $473,900 $677,700
2023 $14,020 $1,134,500 $472,700 $661,800
2022 $14,176 $1,134,500 $472,700 $661,800
2021 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Joshua Carpenter

    Trueblood Real Estate

    Section Image

  • C

    Buyer's Agent in 2023

    Chris Burgess

    My Agent

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21860721

MIBOR Broker Listing Cooperative®

APN: 49-11-01-168-089.001-101

Indiana Marion County Indianapolis 46202 Chatham Arch

749 N Park Ave Unit B, Indianapolis, IN

This home is located at 749 N Park Ave Unit B, Indianapolis, IN 46202 since 08 June 2022 and is currently estimated at $1,136,001, approximately $528 per square foot. This property was built in 1907. 749 N Park Ave Unit B 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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