NOT LISTED FOR SALE

945 E Morris St Indianapolis, IN 46203

Fountain Square Neighborhood

Estimated Value: $842,000 - $1,043,099

0.1 Acre
$9,492,750 Price per Acre
4,356 Sq Ft Lot

Last Sold January 10, 2020

Last sale price $90,000

Est. 955% increase in value since last sale

Current estimated payment $5,937/month

236 Days on Market

About This Lot

As of January 2020

ONE block from Fountain Square, this LARGE lot offers space for custom 2000SF+ CUSTOM home or Multi-family home w/ room for attached or detached garage AND space for outdoor living. Corner lot, with ample parking. Easy alley-way access and street front curb appeal. Walking distance to shops, restaurants & more in DESIRABLE Fountain Sq. Minutes to downtown Indy for work or play! Quick to jump on interstate, minutes to the airport. BUILD your own dream home on rare .10AC lot. No demo needed. Ready to build!

Last Agent to Sell the Property

Derek Gutting

Keller Williams Indpls Metro N License #RB14024424 Listed on: 05/17/2019

Keller Williams Indpls Metro N

Last Buyer's Agent

Derek Gutting

Keller Williams Indpls Metro N License #RB14024424 Listed on: 05/17/2019

Keller Williams Indpls Metro N

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,750

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$1,750

Lot Details

0

Listing Details

  • Property Type: Land
  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Transaction Type: Sale
  • Co List Office Mls Id: MBRKWIN01
  • Co List Office Phone: 317-846-6300
  • Directions: Head East on East Morris Street towards Prospect Street. Home will be on the right.
  • New Construction: No
  • Road Frontage Type: City Street
  • Road Surface Type: Concrete
  • Subdivision Name: FOUNTAIN SQUARE
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0

Exterior Features

  • Road Access: CityStreet
  • Water: Municipal Water on Site
  • Disclosures: Not Applicable
  • Topography: Level

Utilities

  • Solid Waste: 0
  • Sewer: Municipal Sewer On Site

Lot Info

  • Acres: <1/4 Acre
  • Lot Number: 15
  • Lot Size: 4,704
  • Improvements: Sidewalks,Street Lights,Paved Streets
  • Land Characteristics: City,Rectangle
  • Potential Zoning: Multi-Fam,Single Family
  • Present Zoning: Multi-Fam,Single Family
  • Development Status: Finished Lot(s)
  • Zoning: residential

Tax Info

  • Semi Annual Property Tax Amt: 875
  • Tax Exemption: None
  • Tax Annual Amount: 1750
  • Tax Year: 2018

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2021
Sold by
Curry Kelly Rae and Curry Matthew
Bought by
Light Zachary and Light Shana
Current Estimated Value
$949,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Outstanding Balance
$585,548
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$363,727

Purchase Details

Closed on
Apr 12, 2021
Sold by
Latitude Community Investments Llc
Bought by
Curry Kelly Rae and Curry Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,800
Interest Rate
3.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2021
Sold by
Latitude Community Investments Llc
Bought by
Curry Kelly Rae and Curry Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,800
Interest Rate
3.04%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 17, 2019
Closed on
Jan 9, 2020
Sold by
Loghmani Ziaollah and Akhavan Kamran
Bought by
Latitude Community Investments Llc
Seller's Agent
Derek Gutting
Keller Williams Indpls Metro N
Buyer's Agent
Derek Gutting
Keller Williams Indpls Metro N
List Price
$120,000
Sold Price
$90,000
Premium/Discount to List
-$30,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.19%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Light Zachary -- None Available
Curry Kelly Rae -- Best Title Services
Curry Kelly Rae $750,000 Best Title
Latitude Community Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Light Zachary $640,000
Previous Owner Curry Kelly Rae $121,800
Previous Owner Curry Kelly Rae $548,250
Previous Owner Curry Kelly Rae $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2020 01/10/20 Sold $90,000 0.0% --
01/06/2020 01/06/20 Off Market $90,000 -- --
08/16/2019 08/16/19 Price Changed $99,900 -13.1% --
06/28/2019 06/28/19 Price Changed $114,900 -4.3% --
05/17/2019 05/17/19 For Sale $120,000 -- --
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 $11,737 $818,100 $52,100 $766,000
2023 $11,737 $861,700 $52,100 $809,600
2022 $11,145 $812,400 $52,100 $760,300
2021 $5,547 $404,100 $52,100 $352,000
2020 $1,593 $52,100 $52,100 $0
2019 $377 $81,400 $10,900 $70,500
2018 $1,830 $73,500 $10,900 $62,600
2017 $1,521 $68,000 $10,900 $57,100
2016 $1,370 $62,300 $10,900 $51,400
2014 $1,124 $63,300 $10,900 $52,400
2013 $1,349 $63,300 $10,900 $52,400
Source: Public Records

Agents Affiliated with this Home

  • Derek Gutting

    Seller's Agent in 2020

    Derek Gutting

    Keller Williams Indpls Metro N

    (317) 679-6767

    1 in this area

    270 Total Sales

    Derek Gutting
    Section Image
  • Nikki Keever

    Seller Co-Listing Agent in 2020

    Nikki Keever

    Keller Williams Indpls Metro N

    (317) 217-0876

    1 in this area

    153 Total Sales

    Nikki Keever
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21641243

MIBOR Broker Listing Cooperative®

APN: 49-11-13-139-014.000-101

Indiana Marion County Indianapolis 46203 Fountain Square

945 E Morris St, Indianapolis, IN

Not Listed for Sale

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