NOT LISTED FOR SALE

949 E 53rd St Indianapolis, IN 46220

Meridian Kessler Neighborhood

Estimated Value: $249,000 - $305,000

2 Beds
1 Bath
965 Sq Ft
$285/Sq Ft Est. Value

Last Sold April 25, 2023

Last sale price $225,000 $233 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,620/month

91 Days on Market

Highlights

  • Updated Kitchen
  • Ranch Style House
  • No HOA
  • Mature Trees
  • Wood Flooring
  • Formal Dining Room

About This Home

As of April 2023

Amazing opportunity for a 2 Bedroom, 1 Bathroom home just steps from the Monon!! Beautiful spaces inside & out with great architectural details. Large formal living room w/ fireplace & 2 large bookcases, formal dining room, updated kitchen with breakfast room, spacious bedrooms & updated bath. Full basement offers space for workshop, laundry, and storage. Front of home boasts a wonderful screened porch and back yard features large open patio with pavers, ideal for entertaining. Large fenced backyard with great landscaping and a 2-car, detached garage! Close proximity to all your desired amenities, whether downtown or Broad Ripple! Do not miss this opportunity!!

Last Agent to Sell the Property

Todd Ferris

Ferris Property Group License #RB14041204 Listed on: 12/15/2022

Last Buyer's Agent

Scott Smith

Keller Williams Indy Metro S

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,832

Year Built

  • Built in 1925

Lot Details

  • 107 Sq Ft Lot
  • Mature Trees

Parking

  • 2 Car Detached Garage
  • Carport

Home Design

  • Ranch Style House
  • Block Foundation
  • Stucco

Interior Spaces

  • Woodwork
  • Living Room with Fireplace
  • Formal Dining Room
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Basement Lookout

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Gus B Taylor's Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 490612127001000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,832

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1925
  • Building Area Total: 1716
  • Garage Y N: Yes
  • Lot Size Acres: 0.11
  • Subdivision Name: Gus B Taylor'S
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: Todd@FerrisPropertyGroup.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Full, Unfinished, Daylight/Lookout Windows
  • Appliances: Dishwasher, Disposal, Gas Oven, Refrigerator, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 107
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Hardwood Floors, WoodWorkStain/Painted, Eat-in Kitchen, Hi-Speed Internet Availbl, Network Ready
  • Living Area: 965
  • Other Equipment: Smoke Alarm
  • Areas Interior: Bedroom Other on Main,Living Room Formal
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 858
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Some Updates
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Stucco
  • Disclosures: Not Applicable
  • Fencing: Fence Full Rear, Privacy
  • Foundation Details: Block
  • Patio And Porch Features: Screened Patio, Porch Open

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Concrete, Detached

Utilities

  • Utilities: Cable Connected, Gas
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: In Basement
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Sidewalks, Storm Sewer, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 107
  • Parcel Number: 490612127001000801
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1832
  • Tax Lot: 2
  • Semi Annual Property Tax Amt: 916
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2022
Closed on
Apr 25, 2023
Sold by
Funke Andrew J
Bought by
Heavin Clayton
Seller's Agent
Todd Ferris
Ferris Property Group
Buyer's Agent
Scott Smith
Keller Williams Indy Metro S
List Price
$264,900
Sold Price
$225,000
Premium/Discount to List
-$39,900
-15.06%
Views
102
Current Estimated Value
$274,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,725
Avg. Annual Appreciation
7.92%
Original Mortgage
$13,500
Interest Rate
6.6%

Purchase Details

Listed on
Dec 15, 2022
Closed on
Apr 21, 2023
Sold by
Funke Andrew J
Bought by
Heavin Clayton
Seller's Agent
Todd Ferris
Ferris Property Group
Buyer's Agent
Scott Smith
Keller Williams Indy Metro S
List Price
$264,900
Sold Price
$225,000
Premium/Discount to List
-$39,900
-15.06%
Views
102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,500
Interest Rate
6.6%

Purchase Details

Closed on
Oct 28, 2011
Sold by
Taylor Shannon Kate
Bought by
Funke Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,704
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 29, 2005
Sold by
Boehm Brian
Bought by
Taylor Shannon Kate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
6.13%
Mortgage Type
New Conventional
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
Heavin Clayton -- Title Alliance
Heavin Clayton $225,000 Title Alliance
Funke Andrew J -- None Available
Taylor Shannon Kate -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Heavin Clayton $13,500
Open Heavin Clayton $217,400
Closed Heavin Clayton $217,400
Previous Owner Funke Andrew J $126,704
Previous Owner Taylor Shannon Kate $103,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2023 04/25/23 Sold $225,000 -6.2% $233 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
03/01/2023 03/01/23 Price Changed $239,900 -2.0% $249 / Sq Ft
01/30/2023 01/30/23 Price Changed $244,900 -2.0% $254 / Sq Ft
01/11/2023 01/11/23 Price Changed $249,900 -5.7% $259 / Sq Ft
12/15/2022 12/15/22 For Sale $264,900 -- $275 / 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 $2,142 $236,600 $31,800 $204,800
2023 $2,142 $176,700 $31,800 $144,900
2022 $2,176 $187,500 $31,800 $155,700
2021 $1,918 $161,100 $23,000 $138,100
2020 $1,885 $158,000 $23,000 $135,000
2019 $1,846 $152,400 $23,000 $129,400
2018 $1,632 $140,600 $23,000 $117,600
2017 $1,429 $129,200 $23,000 $106,200
2016 $1,245 $122,500 $23,000 $99,500
2014 $1,240 $118,700 $23,000 $95,700
2013 $617 $83,800 $23,000 $60,800
Source: Public Records

Agents Affiliated with this Home

  • Todd Ferris

    Seller's Agent in 2023

    Todd Ferris

    Ferris Property Group

    (317) 446-0457

    2 in this area

    219 Total Sales

    Todd Ferris
    Section Image

  • S

    Buyer's Agent in 2023

    Scott Smith

    Keller Williams Indy Metro S

    Section Image

  • B

    Buyer Co-Listing Agent in 2023

    Brian Quinlan

    Keller Williams Indy Metro S

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21896876

MIBOR Broker Listing Cooperative®

APN: 49-06-12-127-001.000-801

Indiana Marion County Indianapolis 46220 Meridian Kessler

949 E 53rd St, Indianapolis, IN

Not Listed for Sale

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