See Home Value
$219,000*
House - Off Market

1509 N Butler Avenue

Indianapolis, IN 46219
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2493 Sqft
$198,000 - $240,000
Reference Base Price*
0.00%
Since Dec 1, 2023
National-US
Primary Model
Sold Dec 01, 2023
$273,315
$205,500 by Merchants Bank Of Indiana
Mortgage Due Dec 01, 2053
Sold Jan 10, 2012
$131,000
Buyer
Seller
$104,793 by Metlife Home Loans
Mortgage Due Feb 01, 2042

About This Property

welcome to stunning community heights neighborhood. home to lots of mid-century gems and tudor brick style residences.  unbeatable price on this 4 bedroom (2 main + 2 upstairs) mid century with full baths on all levels. eat in kitchen features beautiful mid-century style built in , formal dining, hardwood floors, full basement with rare rear door exit.  2 car brick garage with private driveway. located just moments from downtown and irvington shops and restaurants. take a tour today ... { new 16k roof just installed! }

The manager has listed the unit size as 2493 square feet.
Unit Size
2,493Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$88
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951

Price History

Date / Event Date Event Price
Nov 30, 2023 No longer available -
No longer available
Nov 3, 2023 In contract -
In contract
Nov 2, 2023 Relisted $219,000
Relisted
Sep 21, 2023 In contract -
In contract
Sep 19, 2023 Price Decreased $219,000
↓ $16K (6.8%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,158
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,231
  • Lot Size Depth Feet: 1,610
  • Lot Size Frontage Feet: 450
  • Total Building Area: 3,507
  • Gross Building Area: 3,507
  • Building Area: 2,349
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,349
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: JUSTUS 16TH ST ADD 3RD SEC
  • Land Acres: 0.166
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: JUSTUS 16TH ST ADD 3RD SEC L100

Ownership

  • Current Owner : MELLENCAMP KAGAN A
  • Previous Owner : RILEY JAN
  • Owner Before Previous Owner: GUEDEL EDNA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 360900

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2339-A1
  • District: 0007
  • Section: 340
  • Parcel: 49-07-34-116-053.000-701
  • Lot: 100
  • Municipality: WARREN TOWNSHIP
  • Latitude: 39.7872
  • Longitude: -86.0801

    Address

  • Full Address: 1509 N Butler Ave
  • Address - House Number: 1509
  • Street Direction: N
  • Address - Street Name: Butler
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C025
  • 4-Digit Zip Code: 2925
  • Zip Code: 46219

Valuation

    Tax

  • Total Area: 3,507
  • Tax Year: 2022
  • Tax Amount: $2,240
  • Tax Rate Code Area: 701

    Appraisal Valuation

  • Standard Deviation: 0.1635
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 79
  • Final Value: 226,062
  • High Value: 263,041
  • Low Value: 189,083

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $218,640
  • First Open Lien Mortgage Lender: MERCHANTS BANK OF INDIANA
  • First Open Lien Mortgage Recording Date: Dec 01, 2023
  • First Open Lien Mortgage Loan Amount: $205,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2053
  • Second Open Lien Mortgage Recording Date: Dec 01, 2023
  • Second Open Lien Mortgage Loan Amount: $13,140
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2053

    Market Valuation

  • Market Total Value: $203,400
  • Market Land Value: $25,200
  • Market Improvement Value: $178,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $203,400
  • Assessed Land Value: $25,200
  • Assessed Improvements Value: $178,200

    Sales

  • Current Sale Contract Date: Nov 24, 2023
  • Current Sale Recording Date: Dec 01, 2023
  • Current Sale Transaction ID: 11917524841
  • Current Sale Price: $273,315
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 99305
  • Previous Sale Recording Date: Jan 10, 2012
  • Previous Sale Contract Date: Jan 04, 2012
  • Previous Sale Amount: $131,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MERCHANTS BANK OF INDIANA
  • First Mortgage Transaction Date: Dec 01, 2023
  • First Mortgage Loan Amount: $205,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2053
  • Second Mortgage Transaction Date: Dec 01, 2023
  • Second Mortgage Loan Amount: $13,140
  • Second Mortgage Terms: 9
  • Second Mortgage Loan Due Date: Nov 28, 2032

    Previous Mortgages

  • Previous Mortgage Lender: METLIFE HOME LOANS
  • Previous Mortgage Transaction Date: Jan 10, 2012
  • Previous Mortgage Loan Amount: $104,793
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2042



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
1,626 ft²
$141/ft²
$230,000 Jul 22, 2023
-
-
House
3 Beds
1 Bath
1,080 ft²
$164/ft²
$176,900 Nov 4, 2023
-
-
House
2 Beds
2 Baths
1,029 ft²
$214/ft²
$220,000 Oct 8, 2023
-
-
House
2 Beds
1 Bath
909 ft²
$252/ft²
$229,000 Sep 2, 2023
-
-

About Eastside


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Frequently Asked Questions

When was property at 1509 North Butler Avenue built and last sold?
The property at 1509 North Butler Avenue was built in 1951 and last sold on Nov 24, 2023 for $273,315.
How much is this home worth?
The estimated value of the home located at 1509 North Butler Avenue is $255,033.
What are some comparable homes to 1509 North Butler Avenue?
Homes that are comparable to 1509 North Butler Avenue include a house property at 5459 East 13th Street, 1908 North Hawthorne Lane, 1502 North Downey Avenue.

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