NOT LISTED FOR SALE

Estimated Value: $338,000

2 Beds
2 Baths
1,172 Sq Ft
1,542 Sq Ft Lot

Last Sold April 19, 2019

Last sale price $227,000 $194 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,034/month

262 Days on Market

Highlights

  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Combination Dining and Living Room

About This Home

As of April 2019

Look! This two bedroom two full bath flat on the first floor of the Buschman Grain Lofts will put you in the mood to entertain and hit the city for fun. Located within walking distance to Mass Ave and the heart of Downtown. Everything is new in this spectacular flat! A large open concept from the foyer, kitchen, dining, and living room. The bedrooms boast great closet space and the master feels of a hotel suite in Europe. Tons of natural light fill this well appointed flat with its hardwood floors and high ceilings. The kitchen has a huge island to entertain your guest. This Flat requires a letter Suite E ..for EXCELLENT.

Last Agent to Sell the Property

Eric Lantz

F.C. Tucker Company License #RB14047220 Listed on: 06/14/2018

F.C. Tucker Company

Last Buyer's Agent

Shane Burns

Victory Realty Team

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,090

Year Built

  • Built in 1926

Lot Details

  • 1,542

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,172 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 1 Common Wall
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include builder controls common cooling common heat insurance insurance irrigation maintenance grounds management trash sewer
  • Mid-Rise Condominium
  • Buschmann Grain Lofts Subdivision
  • Property managed by JDH Management Services

Listing and Financial Details

  • Assessor Parcel Number 491101223154000101

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,090

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Historic
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1926
  • Garage Y N: No
  • Lot Size Acres: 0.0354
  • Subdivision Name: BUSCHMANN GRAIN LOFTS
  • Inspection Warranties: Not Applicable
  • Property Description: Look! This two bedroom two full bath flat on the first floor of the Buschman Grain Lofts will put you in the mood to entertain and hit the city for fun. Located within walking distance to Mass Ave and the heart of Downtown. Everything is new in this spectacular flat! A large open concept from the foyer, kitchen, dining, and living room. The bedrooms boast great closet space and the master feels of a hotel suite in Europe. Tons of natural light fill this well appointed flat with its hardwood floors and high ceilings. The kitchen has a huge island to entertain your guest. This Flat requires a letter Suite E ..for EXCELLENT.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Floor Number: E
  • Lifestyles: Mid Rise/High Rise
  • Unit Entry Level: 1
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Basement: No
  • Appliances: Electric Cooktop,Dishwasher,Dryer,Disposal,LndryCnUnt,Microwave,MicroHood,Electric Oven,Refrigerator,Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Interior Amenities: Ceiling Raised,Walk-in Closet(s),Hardwood Floors,Wood Work Painted
  • Living Area: 1172
  • Other Equipment: Intercom,Smoke Detector
  • Room Count: 6
  • Areas Interior: Foyer - 2 Story,Foyer Large,Living Room - 2 Story,Laundry Closet,Laundry in Unit,Utility Room
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1172
  • Main Level Sq Ft: 1172
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Suite,TubFull with Shower
  • Total Sq Ft: 1172
  • Kitchen Features: Center Island,Kitchen Updated
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt,Driveway Concrete,Irrigation System,Water Feature Fountain
  • Foundation Details: Brick
  • List Price: 229900
  • Association Maintained Building Exterior: 1

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: None
  • Garage Parking Other: Common Lot

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: JDH Management Services
  • Management Company Phone: 317-920-9616
  • Condo Description Location: Building Common Entry,Ground Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Association Builder Controls,Common Cooling,Common Heat,Insurance,Insurance,Irrigation,Maintenance Grounds,Management,Trash,Sewer
  • Mandatory Fee: 300

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491101223154000101
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Street Lights
  • Lot Number: 1
  • Lot Size: 1,542

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1090
  • Semi Annual Property Tax Amt: 545
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2018
Closed on
May 9, 2019
Sold by
Burgett Ronald W
Bought by
Bowman Kevin
Seller's Agent
Eric Lantz
F.C. Tucker Company
Buyer's Agent
Shane Burns
Victory Realty Team
List Price
$232,000
Sold Price
$227,000
Premium/Discount to List
-$5,000
-2.16%
Current Estimated Value
$338,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,000
Avg. Annual Appreciation
6.48%
Original Mortgage
$1,816,000
Outstanding Balance
$1,606,793
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
-$1,268,793

Purchase Details

Closed on
Apr 12, 2018
Sold by
Urban Partners Llc
Bought by
Burgett Ronald W
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
Bowman Kevin -- None Available
Burgett Ronald W $224,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowman Kevin $1,816,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2019 04/19/19 Sold $227,000 -1.3% $194 / Sq Ft
03/03/2019 03/03/19 Pending -- -- --
01/08/2019 01/08/19 Price Changed $229,900 -0.9% $196 / Sq Ft
12/14/2018 12/14/18 For Sale $232,000 +2.2% $198 / Sq Ft
12/13/2018 12/13/18 Off Market $227,000 -- --
11/23/2018 11/23/18 Price Changed $232,000 -4.1% $198 / Sq Ft
10/05/2018 10/05/18 Price Changed $242,000 -5.1% $206 / Sq Ft
09/24/2018 09/24/18 Price Changed $255,000 -3.8% $218 / Sq Ft
08/20/2018 08/20/18 Price Changed $265,000 -11.7% $226 / Sq Ft
07/09/2018 07/09/18 Price Changed $300,000 -1.6% $256 / Sq Ft
06/13/2018 06/13/18 For Sale $305,000 -- $260 / 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 $2,316 $194,000 $17,300 $176,700
2023 $2,316 $194,000 $17,300 $176,700
2022 $2,289 $180,400 $17,300 $163,100
2021 $2,213 $188,600 $17,300 $171,300
2020 $2,371 $201,100 $17,300 $183,800
2019 $3,752 $249,000 $17,300 $231,700
2018 $1,399 $50,200 $17,300 $32,900
2017 $1,137 $45,200 $14,900 $30,300
2016 $1,042 $43,000 $14,900 $28,100
2014 $1,059 $42,400 $14,900 $27,500
2013 $1,046 $42,400 $14,900 $27,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21573704

MIBOR Broker Listing Cooperative®

APN: 49-11-01-223-154.000-101