When was property at 517 North Temple Avenue built and last sold?

The property at 517 North Temple Avenue was built in 1920 and last sold on Jul 28, 2023 for $17,047,940.

How much is this home worth?

The estimated value of the home located at 517 North Temple Avenue is $77,861.

What are some comparable homes to 517 North Temple Avenue?

There are currently no comparable homes to 517 North Temple Avenue.

Indianapolis

46201

Near Eastside

517 North TEMPLE Avenue

Thumbnail Photo of 517 North TEMPLE Avenue

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Map

$99,705*

● House - Off Market

517 North TEMPLE Avenue

Indianapolis, IN 46201

3 Beds

2 Baths, 1 Half Bath

1696 Sqft

$60,000 - $70,000

Reference Base Price*

46.63%

Since Sep 1, 2019

National-US

Primary Model

Sold Aug 04, 2023

$17,047,940

Whitestone Iii Propco Cv 1 Llc

Buyer

Whitestone Real Estate Fund Iii Lp

Seller

$12,818,000 by Corevest American Fin Lndr Llc

Mortgage Due Jul 09, 2028

Sold Jan 09, 2023

Transfer

Whitestone Real Estate Fund Iii Lp

Buyer

Mbm Capital Homes 1 Llc

Seller

About This Property

Don't miss out on this great investment opportunity in the heart of Downtown Indianapolis! Walking distance from amenities. Home includes great updates while maintaining it's original charm and includes a great floor plan with an updated kitchen, spacious master bedroom and low maintainance tile throughout main level. Good sized backyard offers extra parking and storage shed. MUST SEE TODAY!

The manager has listed the unit size as 1696 square feet.

Unit Size

1,696Ft²

Days on Market

Land Size

0.12 acres

Price per sqft

$40

Property Type

House

Property Taxes

$246

HOA Dues

Year Built

1920

Price History

Date / Event	Date	Event
Aug 4, 2023	Sold	$17,047,900
Sold
Aug 1, 2019	No longer available	-
No longer available
Jun 6, 2019	Price Decreased	$68,000 ↓ $7K (9.3%)
Price Decreased
May 24, 2019	Listed	$75,000
Listed

Property Highlights

Building Info

Overview

General

Year Built: 1920

Effective Year Built: 1920
Building Count: 1
Total Rooms: 8
Bedroom Count: 3
Building Condition: Average
Building Quality: C
Construction Type: Frame
Building Style: Duplex
Roof Cover Type: Asphalt
Floor Count: 1
Living Units: 2
Basement Type: Building with no basement
Basement Area: 0
Garage Type: Detached
Garage Square Area: 216
Parking Space Count: 1

Dimensions

Lot Size Square Feet: 5,358

Lot Size Depth Feet: 1,530
Lot Size Frontage Feet: 350
Total Building Area: 1,696
Gross Building Area: 1,696
Building Area: 1,696
Building Area Measurement: Living Area

Heating and Cooling

Air Conditioning: No air conditioning

Heating: Central heating
Heated Square Feet: 1,696
Heating Fuel Type: unknown

Utilities

Sewer System: Yes

Water Service: Yes

Building

Property Class: Residential

Subdivision: HOLTMAN & TOPPS SUB HANNA HEIRS
Land Acres: 0.123
Standard Land Use Code: Duplex (2 units, any combination)
County Land Use Code: Business personal property general
Legal Description 1: HOLTMAN & TOPPS HANNA HEIRS ADD L11

Ownership

Current Owner : WHITESTONE III PROPCO CV 1 LLC

Previous Owner : WHITESTONE REAL ESTATE FUND III LP
Owner Before Previous Owner: MBM CAPITAL HOMES 1 LLC
Ownership Rights Codes: unknown
Current Owner Is a Corporation Indicator: Yes

Neighborhood

School District Name: Indianapolis Public Schools

Census Tract: 354800

Geography

Assessors Map Reference: 2338-B2

District: 0001
Section: 5015004
Parcel: 49-10-05-153-013.000-101
Lot: 11
Municipality: CENTER TOWNSHIP
Latitude: 39.775
Longitude: -86.1189

Address

Full Address: 517 N Temple Ave

Address - House Number: 517
Street Direction: N
Address - Street Name: Temple
Address - Suffix Type: Ave
State: IN
City Name: Indianapolis
Carrier Code: C019
4-Digit Zip Code: 2131
Zip Code: 46201

Valuation

Tax

Total Area: 1,696

Tax Year: 2022
Tax Amount: $2,167
Tax Rate Code Area: 101

Appraisal Valuation

Standard Deviation: 0.2639

Valuation Date: Jan 27, 2024
Confidence Score: 62
Final Value: 186,747
High Value: 236,038
Low Value: 137,456

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $12,818,000
First Open Lien Mortgage Lender: COREVEST AMERICAN FIN LNDR LLC
First Open Lien Mortgage Recording Date: Aug 04, 2023
First Open Lien Mortgage Loan Amount: $12,818,000
First Open Lien Mortgage Term: 60
First Open Lien Mortgage Position: 1
First Open Lien Mortgage Loan Type: New Conventional
First Open Lien Mortgage Loan Due Date: Jul 09, 2028

Market Valuation

Market Total Value: $91,500

Market Land Value: $23,500
Market Improvement Value: $68,000

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $91,500
Assessed Land Value: $23,500
Assessed Improvements Value: $68,000

Sales

Current Sale Contract Date: Jul 28, 2023

Current Sale Recording Date: Aug 04, 2023
Current Sale Transaction ID: 11910809249
Current Sale Price: $17,047,940
Current Sale Document Type: Warranty Deed
Current Sale Input Document Number: 64632
Previous Sale Recording Date: Jan 09, 2023
Previous Sale Contract Date: Jan 02, 2023
Previous Sale Document Type: Warranty Deed

Last Sale Mortgage

First Mortgage Lender: COREVEST AMERICAN FIN LNDR LLC

First Mortgage Transaction Date: Aug 04, 2023
First Mortgage Loan Amount: $12,818,000
First Mortgage Terms: 60
First Mortgage Loan Type: New Conventional
First Mortgage Loan Due Date: Jul 09, 2028

Redact Ownership Info

Comparables

About Near Eastside

Stats & Trends

Median Asking:

$170,000

Sale Price/ft²

$133

Below Asking

0.04%

Average Days on Market

Average Home Size

1314 ft²

Average Home Age

91.6 years

Currently For Sale

74 Listings

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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864 ft²

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$950 /mo

2 Beds
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$1,050 /mo

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1,463 ft²

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517 North TEMPLE Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Geography

Valuation

Comparables

About Near Eastside

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions