NOT LISTED FOR SALE

8815 E 16th St Indianapolis, IN 46219

East Warren Neighborhood

Estimated Value: $186,000 - $195,696

3 Beds
1.5 Baths
1,242 Sq Ft
$152/Sq Ft Est. Value

Last Sold October 06, 2020

Last sale price $127,000 $102 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,105/month

19 Days on Market

Highlights

  • Mature Trees
  • Breakfast Room
  • Eat-In Kitchen
  • Ranch Style House
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of October 2020

WELL MAINTAINED CONCRETE BLOCK 3 BEDROOM RANCH HOME WITH SUN ROOM, 2 CAR DETACHED GARAGE WITH HEAT AND ELECTRIC. HARDWOOD FLOORS UNDER CARPETS THROUGHOUT HOME. NICE YARD, BASKETBALL GOAL, AND BLACK TOP DRIVE. HOME HAS NEWER FURNACE, KITCHEN FLOORS, BATHROOM FLOORS.

Last Agent to Sell the Property

Phil Olson

RE/MAX Realty Group License #RB14046375 Listed on: 08/12/2020

RE/MAX Realty Group

Last Buyer's Agent

Paula Bell

Principle Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,046

Year Built

  • Built in 1952

Lot Details

  • 0.4 Acre Lot
  • Mature Trees

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Block Foundation

Interior Spaces

  • 1,242 Sq Ft Home
  • Breakfast Room

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 490831101009000700

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,046

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1952
  • Garage Y N: Yes
  • Lot Size Acres: 0.4
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: WELL MAINTAINED CONCRETE BLOCK 3 BEDROOM RANCH HOME WITH SUN ROOM, 2 CAR DETACHED GARAGE WITH HEAT AND ELECTRIC. HARDWOOD FLOORS UNDER CARPETS THROUGHOUT HOME. NICE YARD, BASKETBALL GOAL, AND BLACK TOP DRIVE. HOME HAS NEWER FURNACE, KITCHEN FLOORS, BATHROOM FLOORS.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access,Screens Some,Wood Work Stained
  • Living Area: 1242
  • Other Equipment: Sump Pump,Water-Softener Owned
  • Room Count: 6
  • Areas Interior: Living Room Formal,Utility Room
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1242
  • Main Level Sq Ft: 1242
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Total Sq Ft: 1242
  • Kitchen Features: Kitchen Eat In

Exterior Features

  • Construction Materials: Block
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Glass Enclosed Patio,Porch Open

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Detached
  • Garage Parking Other: Floor Drain,Heated,Service Door

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Well
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490831101009000700
  • Acres: 1/4-1/2 Acre
  • Lot Information: Tree Mature
  • Lot Number: 0
  • Lot Size: 17600

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2046
  • Semi Annual Property Tax Amt: 1023
  • Tax Exemption: None

MLS Schools

  • School District: Warren Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Oct 6, 2020
Sold by
Groseth Merlin
Bought by
Chasteen Adam D
Seller's Agent
Phil Olson
RE/MAX Realty Group
Buyer's Agent
Paula Bell
Principle Real Estate Group
List Price
$129,900
Sold Price
$127,000
Premium/Discount to List
-$2,900
-2.23%
Current Estimated Value
$188,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,924
Avg. Annual Appreciation
7.78%
Original Mortgage
$124,699
Outstanding Balance
$110,711
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$78,213

Purchase Details

Closed on
Oct 11, 2011
Sold by
Groseth Marvin and Groseth Merlin
Bought by
Groseth Merlin

Purchase Details

Closed on
Dec 8, 1988
Sold by
Gretha J Groseth
Bought by
Marlin E Groseth
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
Chasteen Adam D $127,000 First American Title Insurance
Groseth Merlin -- None Available
Marlin E Groseth -- Holwager, Byers And Caughey
Groseth Elmer J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chasteen Adam D $124,699
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2020 10/06/20 Sold $127,000 -0.7% $102 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/28/2020 08/28/20 Price Changed $127,900 -1.5% $103 / Sq Ft
08/25/2020 08/25/20 For Sale $129,900 0.0% $105 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $129,900 -- $105 / 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 $1,528 $135,900 $11,400 $124,500
2023 $1,528 $130,000 $11,400 $118,600
2022 $1,545 $130,000 $11,400 $118,600
2021 $1,345 $112,500 $11,400 $101,100
2020 $856 $91,100 $11,400 $79,700
2019 $2,045 $86,700 $11,400 $75,300
2018 $1,889 $79,800 $11,400 $68,400
2017 $1,624 $75,100 $11,400 $63,700
2016 $1,548 $71,500 $11,400 $60,100
2014 $497 $65,500 $11,400 $54,100
2013 $651 $76,400 $11,400 $65,000
Source: Public Records

Agents Affiliated with this Home

  • Phil Olson

    Seller's Agent in 2020

    Phil Olson

    RE/MAX Realty Group

    (317) 709-4769

    39 Total Sales

    Phil Olson
    Section Image

  • P

    Buyer's Agent in 2020

    Paula Bell

    Principle Real Estate Group

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21731452

MIBOR Broker Listing Cooperative®

APN: 49-08-31-101-009.000-700

Indiana Marion County Indianapolis 46219 East Warren

8815 E 16th St, Indianapolis, IN

Not Listed for Sale

Detached

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