NOT LISTED FOR SALE

Estimated Value: $169,000 - $201,000

2 Beds
1 Bath
672 Sq Ft
$286/Sq Ft Est. Value

Last Sold October 26, 2017

Last sale price $75,000 $112 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $1,223/month

4 Days on Market

Highlights

  • Bungalow
  • Forced Air Heating System
  • 4-minute walk to Stacy Park
  • 1-Story Property

About This Home

As of October 2017

ATTENTION FLIPPERS AND LANDLORDS!! This bungalow in the heart of Fountain Square has unlimited potential. Take this one down to buy and hold, or go for the high end renovation by building up or out. Room for garage in back with driveway access on north side of home. Prime location for equity in hot Fountain Square market. Could make a nice Air BNB rental.

Last Agent to Sell the Property

Brian Pachciarz

Estansion Group by BLP License #RB14042294 Listed on: 10/20/2017

Last Buyer's Agent

Fred Kincer

KORO Development, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $602

Year Built

  • Built in 1900

Lot Details

  • 1,176 Sq Ft Lot

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 672 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Gas Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • T E Brackens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491007150002000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$602

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1900
  • Garage Y N: No
  • Lot Size Acres: 0.027
  • Subdivision Name: T E BRACKENS SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: ATTENTION FLIPPERS AND LANDLORDS!! This bungalow in the heart of Fountain Square has unlimited potential. Take this one down to buy and hold, or go for the high end renovation by building up or out. Room for garage in back with driveway access on north side of home. Prime location for equity in hot Fountain Square market. Could make a nice Air BNB rental.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Gas Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 672
  • Other Equipment: Not Applicable
  • Room Count: 2
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 672
  • Main Level Sq Ft: 672
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 672
  • Below Grade Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Crawl Space
  • List Price: 79900
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: Other
  • Garage Parking Other: Other

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491007150002000101
  • Acres: <1/4 Acre
  • Lot Number: 3
  • Lot Size: 1,176

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 602
  • Semi Annual Property Tax Amt: 301
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2021
Sold by
1319 Laurel Street Llc
Bought by
Zerr Olivia C
Current Estimated Value
$201,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,350
Outstanding Balance
$130,970
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$56,842

Purchase Details

Listed on
Oct 20, 2017
Closed on
Dec 21, 2017
Sold by
Koro Development Llc
Bought by
1319 Laurel Street Llc
Seller's Agent
Brian Pachciarz
Estansion Group by BLP
Buyer's Agent
Fred Kincer
KORO Development, LLC
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.51%
Original Mortgage
$84,800
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 20, 2017
Closed on
Oct 26, 2017
Seller's Agent
Brian Pachciarz
Estansion Group by BLP
Buyer's Agent
Fred Kincer
KORO Development, LLC
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 20, 2017
Closed on
Oct 19, 2017
Sold by
Meranda Joyce
Seller's Agent
Brian Pachciarz
Estansion Group by BLP
Buyer's Agent
Fred Kincer
KORO Development, LLC
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%

Purchase Details

Closed on
Jun 8, 2006
Sold by
Kidd Debra S
Bought by
Meranda Don and Meranda Joyce

Purchase Details

Closed on
May 7, 2006
Sold by
Schrader Jeffery L
Bought by
Don And Joyce Meranda And The Meranda Tr

Purchase Details

Closed on
May 4, 2006
Sold by
Cowen Neil L and Cowen Mary Lou
Bought by
Schrader Jefferey L and Kidd Debra S

Purchase Details

Closed on
Apr 13, 2005
Sold by
Bandy Catherine T Life Estate & Revocabl and Bandy Catherine T
Bought by
Cowen Neil L and Cowen Mary Lou
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
Zerr Olivia C $153,000 Security Title
1319 Laurel Street Llc -- Security Title
-- $75,000 --
Koro Development Llc $75,000 Paramount Title Agency
-- $55,000 --
Redevelop Indy Llc $55,000 Paramount Title Agency
Meranda Joyce $55,000 Paramount Title Agency
Meranda Don -- None Available
Don And Joyce Meranda And The Meranda Tr -- None Available
Schrader Jefferey L -- None Available
Cowen Neil L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zerr Olivia C $145,350
Previous Owner 1319 Laurel Street Llc $84,800
Previous Owner 1319 Laurel Street Llc $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2017 10/26/17 Sold $75,000 -6.1% $112 / Sq Ft
10/25/2017 10/25/17 Pending -- -- --
10/20/2017 10/20/17 For Sale $79,900 -- $119 / 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 $1,361 $125,800 $10,800 $115,000
2023 $1,361 $127,200 $10,800 $116,400
2022 $341 $122,500 $10,800 $111,700
2021 $341 $47,800 $10,800 $37,000
2020 $989 $42,700 $10,800 $31,900
2019 $838 $35,500 $3,900 $31,600
2018 $840 $32,600 $3,900 $28,700
2017 $722 $31,100 $3,900 $27,200
2016 $595 $29,000 $3,900 $25,100
2014 $528 $24,400 $3,900 $20,500
2013 $523 $22,600 $3,900 $18,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21520021

MIBOR Broker Listing Cooperative®

APN: 49-10-07-150-002.000-101