When was property at 511 North Parker Avenue built and last sold?

The property at 511 North Parker Avenue was built in 1920 and last sold on Apr 7, 2022 for $410,000.

How much is this home worth?

The estimated value of the home located at 511 North Parker Avenue is $100,899.

What are some comparable homes to 511 North Parker Avenue?

There are currently no comparable homes to 511 North Parker Avenue.

Indianapolis

46201

Near Eastside

511 North Parker Avenue

Thumbnail Photo of 511 North Parker Avenue

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Map

$112,433*

● House - Off Market

511 North Parker Avenue

Indianapolis, IN 46201

4 Beds

4 Baths

2210 Sqft

$90,000 - $100,000

Reference Base Price*

12.55%

Since Nov 1, 2021

National-US

Primary Model

Sold Apr 18, 2022

$410,000

1747 Investments Inc

Buyer

Rei Development Group Llc

Seller

$307,500 by Eventus Capital Llc

Mortgage

Sold Mar 10, 2022

$100,000

Rei Development Group Llc

Buyer

Building Foundations Llc

Seller

$315,000 by Midwest Mortgage Funding Llc

Mortgage Due Apr 01, 2023

About This Property

Great Investment! This Amazing 6 bedroom, 2 full bath has great potential. Homes in this area have been rehabilitated into single family homes or Mufti-Family. The Choice is Yours. Come See today!

The manager has listed the unit size as 2210 square feet.

Unit Size

2,210Ft²

Days on Market

Land Size

0.06 acres

Price per sqft

$45

Property Type

House

Property Taxes

$21

HOA Dues

Year Built

1920

Price History

Date / Event	Date	Event
Oct 17, 2021	No longer available	-
No longer available
Sep 15, 2021	Price Decreased	$99,900 ↓ $7K (6.6%)
Price Decreased
Sep 12, 2021	Relisted	$106,900
Relisted
Sep 9, 2021	No longer available	-
No longer available
Aug 11, 2021	Price Decreased	$104,900 ↓ $2K (1.9%)
Price Decreased
Aug 11, 2021	Relisted	$106,900
Relisted
Aug 2, 2021	No longer available	-
No longer available
Jul 21, 2021	Price Decreased	$106,900 ↓ $2K (1.8%)
Price Decreased
Jul 8, 2021	Price Decreased	$108,900 ↓ $1K (0.9%)
Price Decreased
Jun 25, 2021	No longer available	-
No longer available
Jun 21, 2021	Listed	$109,900
Listed

	Great Investment! This Amazing 6 bedroom, 2 full bath has great potential. Homes in this area have been rehabilitated into single family homes or Mufti-Family. The Choice is Yours. Come See today! Keller Williams Indy Metro NE
Jun 7, 2021	Listed	$109,900
Listed

	Great Investment! This Amazing 6 bedroom, 2 full bath has great potential. Homes in this area have been rehabilitated into single family homes or Mufti-Family. The Choice is Yours. Come See today!
Jun 2, 2021	No longer available	-
No longer available
May 18, 2021	Listed	$104,000
Listed

	This 2/2 per side, 1,908 sq ft duplex fixer-upper is located just north of Englewood and sits on a promising block booming with rehab work. This project does need some TLC. That being said, the bones are in good shape and this deal will make a desirable profit once renovated. The projected rent for this duplex is around $950/month per side. Check out the impressive comps on this duplex, and get in on this rare duplex deal before it's too late!
Jun 17, 2019	Listed	$109,900
Listed
Aug 14, 2018	No longer available	-
No longer available
Jun 12, 2018	Listed	$28,405
Listed

	Incredible investment opportunity. Excellent chance to jump into the Indy investment realm. This home is in need of cosmetic repair and would make a great handyman's special! The manager has listed the unit size as 954 square feet.

Property Highlights

Building Info

Overview

General

Year Built: 1920

Effective Year Built: 1990
Building Count: 1
Total Rooms: 10
Bedroom Count: 4
Bathroom Count: 3
Partial Bathrooms: 3
Bathroom Plumbing Fixtures: 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: 312
Parking Space Count: 0

Dimensions

Lot Size Square Feet: 2,744

Lot Size Depth Feet: 720
Lot Size Frontage Feet: 380
Total Building Area: 1,440
Gross Building Area: 1,440
Building Area: 1,128
Building Area Measurement: Living Area

Heating and Cooling

Air Conditioning: Central air conditioning

Heating: Central heating
Heated Square Feet: 1,128
Heating Fuel Type: unknown

Utilities

Sewer System: Yes

Water Service: Yes

Building

Property Class: Residential

Subdivision: ARDELLE ADD
Land Acres: 0.063
Standard Land Use Code: Duplex (2 units, any combination)
County Land Use Code: Business personal property general
Legal Description 1: ARDELLE PT L17 & L18 134 N SW COR L17 P.O.B. N37.6 E72 S37.6 W72 TO BEG

Ownership

Current Owner : 1747 INVESTMENTS INC

Previous Owner : REI DEVELOPMENT GROUP LLC
Owner Before Previous Owner: BUILDING FOUNDATIONS LLC
Ownership Rights Codes: Company/Corporation
Current Owner Is a Corporation Indicator: Yes
Vacant Flag: Address Standardization Based
Vacant Flag Date: Jan 30, 2024

Neighborhood

School District Name: Indianapolis Public Schools

Census Tract: 354800

Zoning

Zoning: ZO01

Geography

Assessors Map Reference: 2338-C2

District: 0001
Section: 5015004
Parcel: 49-10-05-194-068.000-101
Lot: 17,18
Municipality: CENTER TOWNSHIP
Latitude: 39.7749
Longitude: -86.114

Address

Full Address: 511 N Parker Ave

Address - House Number: 511
Street Direction: N
Address - Street Name: Parker
Address - Suffix Type: Ave
State: IN
City Name: Indianapolis
Carrier Code: C018
4-Digit Zip Code: 2444
Zip Code: 46201

Valuation

Tax

Total Area: 1,256

Tax Year: 2022
Tax Amount: $1,982
Intital Tax Deliquent Year: 2022
Tax Rate Code Area: 101

Appraisal Valuation

Standard Deviation: 0.1635

Valuation Date: Jan 27, 2024
Confidence Score: 79
Final Value: 100,061
High Value: 116,428
Low Value: 83,693

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $307,500
First Open Lien Mortgage Lender: EVENTUS CAPITAL LLC
First Open Lien Mortgage Recording Date: Apr 18, 2022
First Open Lien Mortgage Loan Amount: $307,500
First Open Lien Mortgage Term: 360
First Open Lien Mortgage Position: 1
First Open Lien Mortgage Loan Type: New Conventional

Market Valuation

Market Total Value: $168,400

Market Land Value: $4,600
Market Improvement Value: $163,800

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $168,400
Assessed Land Value: $4,600
Assessed Improvements Value: $163,800

Sales

Current Sale Contract Date: Apr 07, 2022

Current Sale Recording Date: Apr 18, 2022
Current Sale Transaction ID: 11885860322
Current Sale Price: $410,000
Current Sale Document Type: Warranty Deed
Current Sale Input Document Number: 45544
Previous Sale Recording Date: Mar 10, 2022
Previous Sale Contract Date: Mar 02, 2022
Previous Sale Amount: $100,000
Previous Sale Document Type: Warranty Deed

Last Sale Mortgage

First Mortgage Lender: EVENTUS CAPITAL LLC

First Mortgage Transaction Date: Apr 18, 2022
First Mortgage Loan Amount: $307,500
First Mortgage Terms: 360
First Mortgage Loan Type: New Conventional

Previous Mortgages

Previous Mortgage Lender: MIDWEST MORTGAGE FUNDING LLC

Previous Mortgage Transaction Date: Mar 10, 2022
Previous Mortgage Loan Amount: $315,000
Previous Mortgage Loan Due Date: Apr 01, 2023

Redact Ownership Info

Comparables

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Active

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3 Beds

2 Baths

1,967 ft²

$51/ft²

$100,000 Jul 24, 2022

$100/mo

337 North Eastern Avenue

Active

House

3 Beds

1 Bath

1,412 ft²

$81/ft²

$115,000 Jul 12, 2022

$123/mo

3525 East New York Street

Active

House

2 Beds

1 Bath

1,499 ft²

$67/ft²

$100,000 Nov 1, 2022

$117/mo

45 North Ewing Street

In Contract

Multifamily

Stu

$100,000 Nov 30, 2022

$171/mo

2702 East New York Street

Active

Multifamily

Stu

$115,000 Dec 8, 2022

$114/mo

1121 North Tacoma Avenue

Active

Land

Loft

$89,000 Mar 18, 2022

$15/mo

About Near Eastside

Stats & Trends

Median Asking:

$170,000

Sale Price/ft²

$133

Below Asking

0.04%

Average Days on Market

Average Home Size

1393 ft²

Average Home Age

86.3 years

Currently For Sale

71 Listings

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Studio

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Unit for sale at 3525 East New York Street, 46201

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1 Bath
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$1,800 /mo

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511 North Parker Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About Near Eastside

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions