See Home Value
$439,690*
House - Off Market

539 East 11th Street

Indianapolis, IN 46202
bedrooms
Studio
bathrooms
0 Bath
square feet
4800 Sqft
$270,000 - $330,000
Reference Base Price*
46.56%
Since Oct 1, 2019
National-US
Primary Model
Sold Mar 18, 2021
$676,300
$541,000 by First Fsb
Mortgage
Sold Oct 04, 2019
$210,000

About This Property

Here is an opportunity! Huge 4,800 square foot building essentially one room- wow! 16' ceilings- solid concrete block walls...literally covering the lot border-to-border. Openings only on front facing 11th, and back on Pomeroy St. which is more like an alley. Large commercial over-head doors open at back, and front- old window openings on the front could be open again. What possibilities! Local architect has suggestions for making this a dramatic- humongous! - contemporary, industrial looking home. All it takes is time and money! But what possibilities for the buyer willing to dream big. Great homes as neighbors on both sides- and wonderful location walkable to Mass Ave. Bring your imagination- no limits here!

The manager has listed the unit size as 4800 square feet.
Unit Size
4,800Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$63
Property Type
House
Property Taxes
$2,236
HOA Dues
-
Year Built
1926

Price History

Date / Event Date Event Price
Mar 18, 2021 Sold to Jennifer Anne Mikusky, Patr... $676,300
Sold to Jennifer Anne Mikusky, Patr...
Sep 27, 2019 No longer available -
No longer available
Jul 15, 2019 Listed $300,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Brick
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,800
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 400
  • Total Building Area: 3,052
  • Gross Building Area: 3,052
  • Building Area: 2,568
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,568
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Residential
  • Subdivision: COSBYS SUB OVID BUTLERS 1ST ADD
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: COSBYS SUB BUTLERS 1ST ADD L4

Ownership

  • Current Owner : MIKUSKY PATRICK
  • Current Owner 2: MIKUSKY JENNIFER ANNE
  • Previous Owner : MIKUSKY PATRICK
  • Owner Before Previous Owner: JTI PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 354202

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2337-D1
  • District: 0001
  • Section: 360
  • Parcel: 49-06-36-143-004.000-101
  • Lot: 4
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7815
  • Longitude: -86.148

    Address

  • Full Address: 539 E 11th St
  • Address - House Number: 539
  • Street Direction: E
  • Address - Street Name: 11th
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C004
  • 4-Digit Zip Code: 2627
  • Zip Code: 46202

Valuation

    Tax

  • Total Area: 4,400
  • Tax Year: 2022
  • Tax Amount: $16,004
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2264
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 516,687
  • High Value: 633,707
  • Low Value: 399,668

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $641,000
  • First Open Lien Mortgage Lender: FIRST FSB
  • First Open Lien Mortgage Recording Date: Mar 18, 2021
  • First Open Lien Mortgage Loan Amount: $541,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • Second Open Lien Mortgage Lender: FIRST FEDERAL SAVINGS BANK
  • Second Open Lien Mortgage Recording Date: Aug 26, 2022
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 30, 2042

    Market Valuation

  • Market Total Value: $692,800
  • Market Land Value: $100,000
  • Market Improvement Value: $592,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $692,800
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $592,800

    Sales

  • Current Sale Contract Date: Mar 12, 2021
  • Current Sale Recording Date: Mar 18, 2021
  • Current Sale Transaction ID: 11832615149
  • Current Sale Price: $676,300
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: A202100036350
  • Previous Sale Recording Date: Oct 04, 2019
  • Previous Sale Contract Date: Sep 25, 2019
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FSB
  • First Mortgage Transaction Date: Mar 18, 2021
  • First Mortgage Loan Amount: $541,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
2,438 ft²
$144/ft²
$350,000 Mar 24, 2023
-
-
In Contract
House
3 Beds
2.5 Baths
1,552 ft²
$177/ft²
$275,000 Apr 6, 2023
-
$173/mo
Condo
1 Bed
2 Baths
1,215 ft²
$263/ft²
$320,000 Apr 10, 2023
-
$260/mo
Land
Loft
-
-
$320,000 Apr 10, 2023
-
-
Condo
2 Beds
2.5 Baths
1,672 ft²
$194/ft²
$325,000 Jan 27, 2023
-
$300/mo
Townhouse
2 Beds
2.5 Baths
1,760 ft²
$204/ft²
$359,900 Mar 31, 2023
-
$207/mo
Condo
2 Beds
2 Baths
1,318 ft²
$254/ft²
$335,000 Mar 7, 2023
-
$289/mo
Condo
2 Beds
1.5 Baths
1,120 ft²
$281/ft²
$315,000 Feb 10, 2023
-
$196/mo
Condo
2 Beds
2 Baths
1,250 ft²
$208/ft²
$259,900 Mar 17, 2023
-
$494/mo
Condo
2 Beds
1 Bath
1,015 ft²
$315/ft²
$320,000 Feb 2, 2023
-
$404/mo

About Downtown Indianapolis


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Nearby Rentals

Unit for rent at

$1,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,788 ft²
Listing by Evona Watson
Unit for rent at

$1,590 /mo

  • 1 Bed
  • 1 Bath
  • 828 ft²
Listing by Manager
Unit for rent at

$1,750 /mo

  • 2 Beds
  • 2 Baths
  • 916 ft²
Listing by Manager


Frequently Asked Questions

When was property at 539 East 11th Street built and last sold?
The property at 539 East 11th Street was built in 1926 and last sold on Mar 12, 2021 for $676,300.
How much is this home worth?
The estimated value of the home located at 539 East 11th Street is $303,000.
What are some comparable homes to 539 East 11th Street?
There are currently no comparable homes to 539 East 11th Street.

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