See Home Value
$407,473*
House - Off Market

501 South East Street

Indianapolis, IN 46225
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1736 Sqft
$243,000 - $295,000
Reference Base Price*
50.97%
Since Mar 1, 2019
National-US
Primary Model

About This Property

Located in a prime downtown location, this single family home is currently used as a rental.  Sit on your front porch and enjoy the views of the skyline, Lucas Oil Stadium and Eli Lilly campus.  9 foot ceilings throughout.  Laminate floors in the entry, living and dining rooms, kitchen and master bedroom.  Eat in kitchen has oak raised panel cabinets with appliances.  The bedroom has wall-to-wall closets.  Low maintenance with vinyl siding and windows.  This home falls under IHPC jurisdiction and can not be torn down.  This includes the vacant lot and garage to the south.

The manager has listed the unit size as 1736 square feet.
Unit Size
1,736Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$155
Property Type
House
Property Taxes
$1,990
HOA Dues
-
Year Built
2022

Price History

Date / Event Date Event Price
Feb 17, 2019 No longer available -
No longer available
Dec 19, 2018 No longer available -
No longer available
Aug 14, 2018 Listed $269,900
Listed

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Total Rooms: 19
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 918
  • Garage Type: Attached
  • Garage Square Area: 552
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,265
  • Lot Size Depth Feet: 760
  • Lot Size Frontage Feet: 300
  • Total Building Area: 4,952
  • Gross Building Area: 4,952
  • Building Area: 4,293
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,293
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: DOWNEYS 2ND SUB OL102
  • Land Acres: 0.052
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: DOWNIES 2ND SUB L4 OL102

Ownership

  • Current Owner : DANIEL G CORSARO FAMILY INVESTMENTS LLC
  • Previous Owner : EAST STREET VENTURES LLC
  • Owner Before Previous Owner: SANSONE ANTHONY V
  • Owner Before Previous Owner 2: SANSONE REVOCABLE TRUST
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 356200

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2337-D4
  • District: 0001
  • Section: 120
  • Parcel: 49-11-12-114-011.000-101
  • Lot: 4
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7599
  • Longitude: -86.1491

    Address

  • Full Address: 501 S East St
  • Address - House Number: 501
  • Street Direction: S
  • Address - Street Name: East
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C006
  • 4-Digit Zip Code: 1313
  • Zip Code: 46225

Valuation

    Tax

  • Total Area: 1,736
  • Tax Year: 2022
  • Tax Amount: $3,104
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.1856
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 585,171
  • High Value: 693,785
  • Low Value: 476,556

    Market Valuation

  • Market Total Value: $604,700
  • Market Land Value: $34,700
  • Market Improvement Value: $570,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $604,700
  • Assessed Land Value: $34,700
  • Assessed Improvements Value: $570,000

    Sales

  • Current Sale Contract Date: Oct 17, 2019
  • Current Sale Recording Date: Oct 25, 2019
  • Current Sale Transaction ID: 11672704329
  • Current Sale Price: $535,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201900105841
  • Previous Sale Recording Date: Jan 12, 2007
  • Previous Sale Contract Date: Jan 03, 2007
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
2 Baths
-
$233,500 Oct 16, 1996
$233,500 Dec 12, 1996
$208/mo
House
2 Beds
2 Baths
1,283 ft²
$218/ft²
$280,000 Mar 3, 2023
-
-
House
2 Beds
2 Baths
1,340 ft²
$216/ft²
$289,900 Jun 18, 2022
-
$113/mo
House
3 Beds
2 Baths
1,794 ft²
$167/ft²
$299,900 Feb 9, 2023
-
-
House
3 Beds
2.5 Baths
1,774 ft²
$124/ft²
$220,000 Mar 27, 2023
-
-
House
3 Beds
2 Baths
1,737 ft²
$125/ft²
$217,100 Jul 18, 2022
-
$291/mo
House
4 Beds
4.5 Baths
1,392 ft²
$205/ft²
$285,000 Feb 28, 2023
-
-
House
3 Beds
2 Baths
1,336 ft²
$213/ft²
$284,900 Jun 30, 2022
-
$268/mo
House
3 Beds
2 Baths
992 ft²
$252/ft²
$250,000 Nov 23, 2022
-
$129/mo
House
3 Beds
2 Baths
858 ft²
$267/ft²
$228,900 Mar 3, 2023
-
-
Land
Loft
-
-
$275,000 Feb 25, 2023
-
-

About Downtown Indianapolis


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Frequently Asked Questions

When was property at 501 South East Street built and last sold?
The property at 501 South East Street was built in 2022 and last sold on Oct 17, 2019 for $535,000.
How much is this home worth?
The estimated value of the home located at 501 South East Street is $287,540.
What are some comparable homes to 501 South East Street?
There are currently no comparable homes to 501 South East Street.

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