See Home Value
$411,843*
House - Off Market

409 East Minnesota Street

Indianapolis, IN 46225
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2588 Sqft
$260,000 - $316,000
Reference Base Price*
43.00%
Since Apr 1, 2020
National-US
Primary Model
Sold Feb 12, 2020
$279,000
$270,700 by Network Capital Funding Corp
Mortgage Due Dec 01, 2050
Sold Jun 19, 2018
$60,000

About This Property

As you enter this newly remodeled modern farmhouse you step onto plantation hdwd flrs that lead you to a custom kit. In your new kit there is a waterfall quartz counter island that seats 5. The living rm, kitchen & dining are open & the shiplap walls make the rms bright w/natural light coming in from the picture window. Down the hall you notice first full bath w/custom flr to ceiling tile shower. Master suite, this large rm has a W/I closet & spa retreat bath w/a massive tile shower & 6 shower heads. Master bd & mud/laundry rm both give you access to the back deck & fully fenced yard where you can have summer bbq parties or let your furry friend run. This home is like something off of HGTV. Near Eli Lilly, Downtown, Fountain Square, & I65.

The manager has listed the unit size as 2588 square feet.
Unit Size
2,588Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$111
Property Type
House
Property Taxes
$1,240
HOA Dues
-
Year Built
1905

Price History

Date / Event Date Event Price
Mar 9, 2020 No longer available -
No longer available
Jan 5, 2020 Price Decreased $288,000
↓ $7K (2.3%)
Price Decreased
Nov 15, 2019 Price Decreased $294,900
↓ $5K (1.7%)
Price Decreased
Oct 4, 2019 Price Decreased $299,900
↓ $5K (1.7%)
Price Decreased
Sep 1, 2019 Price Decreased $305,000
↓ $5K (1.6%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 750
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,400
  • Lot Size Depth Feet: 1,380
  • Lot Size Frontage Feet: 320
  • Total Building Area: 2,250
  • Gross Building Area: 2,250
  • Building Area: 1,500
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,500
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: KAPPES & FRANKS SOUTH ADD
  • Land Acres: 0.101
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: KAPPES & FRANK S SUB L31

Ownership

  • Current Owner : CALLAHAN STACI LEE
  • Previous Owner : MINNESOTA REDEVELOPMENT GROUP LLC
  • Owner Before Previous Owner: GAINEY MONTE K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 356900

Geography

  • Assessors Map Reference: 2337-D6
  • District: 0001
  • Section: 130
  • Parcel: 49-11-13-171-087.000-101
  • Lot: 31
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7443
  • Longitude: -86.1501

    Address

  • Full Address: 409 E Minnesota St
  • Address - House Number: 409
  • Street Direction: E
  • Address - Street Name: Minnesota
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C006
  • 4-Digit Zip Code: 1827
  • Zip Code: 46225

Valuation

    Tax

  • Total Area: 1,611
  • Tax Year: 2022
  • Tax Amount: $3,970
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.1933
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 74
  • Final Value: 403,608
  • High Value: 481,641
  • Low Value: 325,575

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,700
  • First Open Lien Mortgage Lender: NETWORK CAPITAL FUNDING CORP
  • First Open Lien Mortgage Recording Date: Nov 23, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $270,700
  • 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, 2050

    Market Valuation

  • Market Total Value: $341,200
  • Market Land Value: $12,700
  • Market Improvement Value: $328,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $341,200
  • Assessed Land Value: $12,700
  • Assessed Improvements Value: $328,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 07, 2020
  • Current Sale Recording Date: Feb 12, 2020
  • Current Sale Transaction ID: 11735301594
  • Current Sale Price: $279,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000016150
  • Previous Sale Recording Date: Jun 19, 2018
  • Previous Sale Contract Date: Jun 18, 2018
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Mortgage Transaction Date: Feb 12, 2020
  • First Mortgage Loan Amount: $265,050
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2.5 Baths
2,636 ft²
$99/ft²
$260,000 Nov 11, 2022
-
$81/mo
House
4 Beds
2 Baths
2,163 ft²
$152/ft²
$329,000 Dec 10, 2022
-
$107/mo
House
3 Beds
2 Baths
992 ft²
$277/ft²
$275,000 Nov 23, 2022
-
$129/mo
House
2 Beds
2 Baths
1,865 ft²
$155/ft²
$289,900 Jun 18, 2022
-
$113/mo
House
2 Beds
2 Baths
1,640 ft²
$149/ft²
$244,900 Sep 29, 2022
-
$173/mo
Land
Loft
3 Baths
1,944 ft²
$175/ft²
$339,300 Aug 29, 2022
-
$483/mo

About Near Southside


Similar Homes for Sale

Unit for sale at 722 Terrace Avenue,  46203

$339,300

  • Land
  • 3 Baths
  • 1,944 ft²
722 Terrace Avenue, 46203 Listing by Joe Wootan
Unit for sale at 310 Orange Street,  46225

$244,900

  • 2 Beds
  • 2 Baths
  • 1,640 ft²
310 Orange Street, 46225 Listing by Jeffery Mathey
Unit for sale at 622 Parkway Avenue,  46203

$289,900

  • 2 Beds
  • 2 Baths
  • 1,865 ft²
622 Parkway Avenue, 46203 Listing by Stacy Patlan

Nearby Rentals

Unit for rent at 714 Buchanan Street, Indianapolis, IN, 46203

$1,775 /mo

  • 2 Beds
  • 2 Baths
  • 1,100 ft²
714 Buchanan Street #18, Indianapolis, IN, 46203 Listing by Elisabeth Lugar
Unit for rent at 1117 E Naomi Street, Indianapolis, IN, 46203

$1,500 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,024 ft²
1117 E Naomi Street, Indianapolis, IN, 46203 Listing by Todd Cook
Unit for rent at 2816 Dietz Street, Indianapolis, IN, 46203

$1,545 /mo

  • 3 Beds
  • 2 Baths
  • 1,200 ft²
2816 Dietz Street, Indianapolis, IN, 46203 Listing by Teresa Lents


Frequently Asked Questions

When was property at 409 East Minnesota Street built and last sold?
The property at 409 East Minnesota Street was built in 1905 and last sold on Feb 7, 2020 for $279,000.
How much is this home worth?
The estimated value of the home located at 409 East Minnesota Street is $300,432.
What are some comparable homes to 409 East Minnesota Street?
There are currently no comparable homes to 409 East Minnesota Street.

Quantcast