See Home Value
$463,000 - $565,000
House - Off Market

427 N State Avenue

Indianapolis, IN 46201
bedrooms
5 Beds
bathrooms
4 Baths
square feet
3900 Sqft
Sold Dec 07, 2020
$145,000
Sold Aug 24, 2020
$120,000

About This Property

Welcome to this exquisitely renovated 5-bedroom, 4-bathroom home, a perfect blend of modern elegance and convenience, nestled close to the heart of downtown Indianapolis. Begin your journey on the inviting, large covered front porch, leading into an expansive living room that beautifully frames the view of a state-of-the-art kitchen. Here, custom cabinetry, granite countertops, and stainless steel appliances harmonize with a center island breakfast bar, perfect for casual meals or morning coffee. Adjacent to the living room is a versatile main level bedroom, ideal as a home office or guest room. The adjoining bathroom is a testament to luxury, boasting a fully tiled walk-in shower and modern fixtures. The open kitchen leads to a breakfast room that opens onto a new deck in the privacy fenced in backyard - your private urban oasis. The upper levels are a haven of tranquility. The primary suite, with its massive walk-in closet and exquisite bathroom featuring a soaking tub within a fully tiled walk-in shower and dual sinks, offers a serene escape. The second floor also hosts another beautifully remodeled bathroom, ensuring comfort and style for family and guests alike. The 3rd floor reveals a private 5th bedroom with its own full bathroom, creating a secluded retreat. Additionally, the home includes an unfinished basement, offering endless possibilities for creative expansion. This home isn't just a residence; it's a canvas for your new life, meticulously designed for those who seek the vibrancy of city life without compromising on peace and privacy. Don't let this rare opportunity slip away. Schedule your showing now to experience this blend of luxury and practicality, and take the first step toward claiming your dream home.

The manager has listed the unit size as 3900 square feet.
Unit Size
3,900Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$132
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960

Price History

Date / Event Date Event Price
Mar 26, 2024 No longer available -
No longer available
Mar 8, 2024 Price Decreased $514,990
↓ $15K (2.8%)
Price Decreased
Jan 9, 2024 Price Decreased $529,900
↓ $20K (3.7%)
Price Decreased
Dec 15, 2023 Listed $550,000
Listed
Dec 7, 2023 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 16
  • Bedroom Count: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 390
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,574
  • Lot Size Depth Feet: 1,140
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,950
  • Gross Building Area: 1,950
  • Building Area: 1,560
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,560
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: J M RIDENOURS HIGHLANDS HOME
  • Land Acres: 0.105
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: J M RIDENOURS HIGHLANDS HOME L39

Ownership

  • Current Owner : AGRELLI CAPITAL LLC
  • Previous Owner : MATTOX PROPERTY GROUP LLC
  • Owner Before Previous Owner: FINANCIAL FREEDOM INVESTMENTS LLC
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Oct 06, 2022

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 354500

Geography

  • District: 0001
  • Section: 6015004
  • Parcel: 49-10-06-154-025.000-101
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7726
  • Longitude: -86.1303

    Address

  • Full Address: 427 N State Ave
  • Address - House Number: 427
  • Street Direction: N
  • Address - Street Name: State
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C030
  • 4-Digit Zip Code: 3030
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 1,950
  • Tax Year: 2021
  • Tax Amount: $3,781
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 101:INDPLS

    Appraisal Valuation

  • Standard Deviation: 0.1635
  • Valuation Date: Oct 05, 2022
  • Confidence Score: 79
  • Final Value: 155,925
  • High Value: 181,423
  • Low Value: 130,427

    Market Valuation

  • Market Total Value: $159,600
  • Market Land Value: $14,600
  • Market Improvement Value: $145,000

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $159,600
  • Assessed Land Value: $14,600
  • Assessed Improvements Value: $145,000

    Sales

  • Current Sale Contract Date: Nov 25, 2020
  • Current Sale Recording Date: Dec 07, 2020
  • Current Sale Transaction ID: 11814824826
  • Current Sale Price: $145,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000143520
  • Previous Sale Recording Date: Aug 24, 2020
  • Previous Sale Contract Date: Aug 12, 2020
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Limited Warranty Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
2 Baths
-
$481,000 Jan 7, 2004
$481,000 May 28, 2004
$553/mo
House
4 Beds
3 Baths
2,828 ft²
$173/ft²
$489,900 Feb 22, 2023
-
-
House
4 Beds
3.5 Baths
2,417 ft²
$197/ft²
$475,000 Oct 25, 2023
-
-
House
3 Beds
2 Baths
2,400 ft²
$188/ft²
$450,000 Mar 22, 2023
-
-
Commercial
Loft
-
2,446 ft²
$235/ft²
$575,000 Oct 25, 2023
-
-
Condo
2 Beds
2.5 Baths
1,799 ft²
$278/ft²
$499,500 Aug 29, 2023
-
$397/mo
Townhouse
2 Beds
2.5 Baths
1,738 ft²
$259/ft²
$450,000 Sep 25, 2023
-
$140/mo
Multifamily
Stu
-
-
$450,000 Oct 12, 2023
-
-

About Near Eastside


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Frequently Asked Questions

When was property at 427 North State Avenue built and last sold?
The property at 427 North State Avenue was built in 1960 and last sold on Nov 25, 2020 for $145,000.
How much is this home worth?
The estimated value of the home located at 427 North State Avenue is $520,140.
What are some comparable homes to 427 North State Avenue?
Homes that are comparable to 427 North State Avenue include a house property at 1047 North Beville Avenue, 1417 East Michigan Street, 63 North Keystone Avenue.

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