NOT LISTED FOR SALE

846 Dr Martin Luther King jr St Indianapolis, IN 46202

Indiana Avenue Neighborhood

Estimated Value: $348,000 - $474,000

3 Beds
2 Baths
2,385 Sq Ft
$168/Sq Ft Est. Value

Last Sold October 15, 2018

Last sale price $312,000 $131 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,771/month

19 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • Vaulted Ceiling
  • Woodwork
  • Combination Kitchen and Dining Room

About This Home

As of October 2018

Great Victorian Cottage that has undergone a recent renovation located in convenient and booming Ransom Place. The huge kitchen/dining area/living room and loft offer excellent space. Purchase as a turn-key rental investment or move right in yourself. The baths, kitchen, & mechanicals, plumbing, electrical, heating/cooling, windows & exterior are upgraded. The kitchen has cherry cabinetry & lovely counter tops, SS appliances newer. Loft carpet is new. Excellent location close to downtown entertainment, universities, and hospitals. Right down the street from Madam Walker Theater which is undergoing an extensive revitalization. All new plumbing flooring and more. Buy in Ransom Place while you still can!

Last Agent to Sell the Property

John Wright

F.C. Tucker Company License #RB15001151 Listed on: 08/16/2018

F.C. Tucker Company

Last Buyer's Agent

Mark Branch

Highgarden Real Estate

Highgarden Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,862

Year Built

  • Built in 1910

Lot Details

  • 4,443

Home Design

  • Traditional Architecture
  • Victorian Architecture
  • Brick Foundation
  • Cement Siding

Interior Spaces

  • Woodwork
  • Vaulted Ceiling
  • Combination Kitchen and Dining Room
  • Basement
  • Basement Cellar

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Wm Y Wileys Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491102160181000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,862

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican, Victorian
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1910
  • Garage Y N: No
  • Subdivision Name: WM Y WILEYS
  • Inspection Warranties: General
  • Property Description: Great Victorian Cottage that has undergone a recent renovation located in convenient and booming Ransom Place. The huge kitchen/dining area/living room and loft offer excellent space. Purchase as a turn-key rental investment or move right in yourself. The baths, kitchen, & mechanicals, plumbing, electrical, heating/cooling, windows & exterior are upgraded. The kitchen has cherry cabinetry & lovely counter tops, SS appliances newer. Loft carpet is new. Excellent location close to downtown entertainment, universities, and hospitals. Right down the street from Madam Walker Theater which is undergoing an extensive revitalization. All new plumbing flooring and more. Buy in Ransom Place while you still can!
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Floor Number: 2
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Cellar
  • Appliances: Dishwasher, Disposal, MicroHood, Electric Oven, Refrigerator
  • Levels: 1 Leveland + Loft
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Vaulted Ceiling(s), WoodWorkStain/Painted
  • Living Area: 2385
  • Other Equipment: Not Applicable
  • Room Count: 7
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 2385
  • Main Level Sq Ft: 1685
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2385
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 700
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Cellar

Exterior Features

  • Construction Materials: Cement Siding
  • Disclosures: Not Applicable
  • Foundation Details: Brick
  • List Price: 315000
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: Other

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491102160181000101
  • Acres: <1/4 Acre
  • Lot Information: Street Lights
  • Lot Number: 12,165
  • Lot Size: 0.00 AC

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 4862
  • Semi Annual Property Tax Amt: 2431
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2018
Closed on
Oct 12, 2018
Sold by
Jacobs Conrad H
Bought by
Michael Golub
Seller's Agent
John Wright
F.C. Tucker Company
Buyer's Agent
Mark Branch
Highgarden Real Estate
List Price
$345,000
Sold Price
$312,000
Premium/Discount to List
-$33,000
-9.57%
Current Estimated Value
$401,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,852
Avg. Annual Appreciation
3.07%
Original Mortgage
$249,600
Outstanding Balance
$220,321
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$164,386

Purchase Details

Closed on
May 11, 2018
Sold by
Smith Brian C
Bought by
Jacobs Conrad H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2016
Sold by
Smith Gregory W
Bought by
Smith Brian C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,022
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
May 26, 2010
Sold by
Altmeyer Robin L
Bought by
Smith Brian and Smith Gregory W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,355
Interest Rate
4.97%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 2007
Sold by
Wiggins Carolyn F
Bought by
Altmeyer Robin L
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
Michael Golub $312,000 --
Golub Michael -- None Available
Jacobs Conrad H -- None Available
Smith Brian C -- None Available
Smith Brian -- First American Title Ins Co
Altmeyer Robin L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Golub Michael $249,600
Previous Owner Jacobs Conrad H $220,000
Previous Owner Smith Brian C $176,901
Previous Owner Smith Brian C $178,022
Previous Owner Smith Brian $196,355
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2018 10/15/18 Sold $312,000 -1.0% $131 / Sq Ft
09/05/2018 09/05/18 Pending -- -- --
08/27/2018 08/27/18 Price Changed $315,000 -3.1% $132 / Sq Ft
08/20/2018 08/20/18 Price Changed $325,000 -5.8% $136 / Sq Ft
08/16/2018 08/16/18 For Sale $345,000 -- $145 / 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 $7,775 $324,100 $49,100 $275,000
2023 $7,775 $324,100 $49,100 $275,000
2022 $8,642 $373,300 $49,100 $324,200
2021 $7,722 $331,100 $29,700 $301,400
2020 $7,516 $321,000 $29,700 $291,300
2019 $7,208 $301,900 $29,700 $272,200
2018 $5,973 $247,400 $29,700 $217,700
2017 $5,064 $234,900 $29,700 $205,200
2016 $4,937 $234,000 $29,700 $204,300
2014 $4,508 $208,500 $27,100 $181,400
2013 $4,316 $207,600 $27,100 $180,500
Source: Public Records

Agents Affiliated with this Home

  • John Wright

    Seller's Agent in 2018

    John Wright

    F.C. Tucker Company

    (317) 946-3426

    75 Total Sales

    John Wright
    Section Image

  • M

    Buyer's Agent in 2018

    Mark Branch

    Highgarden Real Estate

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21588263

MIBOR Broker Listing Cooperative®

APN: 49-11-02-160-181.000-101

Indiana Marion County Indianapolis 46202 Indiana Avenue

846 Dr Martin Luther King jr St, Indianapolis, IN

This home is located at 846 Dr Martin Luther King jr St, Indianapolis, IN 46202 since 16 August 2018 and is currently estimated at $401,852, approximately $168 per square foot. This property was built in 1910. 846 Dr Martin Luther King jr St is a home located in Marion County with nearby schools including Riverside School 44, Northwest Middle School, and Arsenal Technical High School.

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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