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657 East Merrill Street

657 East Merrill Street, Indianapolis, IN 46203
1 Units For Sale
Unit for sale at 657 E Merrill Street, Indianapolis, IN 46203

$650,000

  • 3 Beds
  • 3 Baths
  • 2,620 ft²
657 E Merrill Street, Indianapolis, IN 46203 Listing by Brian Black

657 East Merrill Street is a condo located in Fletcher Place, Indianapolis. The building was first built in 2004 and is 20 years old. In total, 657 East Merrill Street has a total floor area of 3,057 square feet. 657 East Merrill Street has a total of 3 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 1 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 54 days and tend to sell below the original asking price of $585,000 by 5.98%. Meaning, listings tend to sell at a median of $223 price per square foot. The transaction that took the longest to complete was listed on Aug 25, 2018 for $585,000. This particular unit ultimately sold 54 days later for $550,000. The most recent transaction which was first advertised on Aug 25, 2018, sold for $550,000 on Oct 19, 2018. Fun fact, the oldest transaction we have on record took place on Oct 19, 2018. See the full transaction history for 657 East Merrill Street below.

Fletcher Place, where 657 East Merrill Street is located, has a median asking price of $379,700 for condo buildings. Meanwhile, the building itself has a median asking price of $585,000. For interested buyers, that means the building's median asking price is around inf% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $650,000. It is a 2,620 sqft 3-bedroom and 3-bathroom unit.

Building Features

Exterior

Stone Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20180825
08/25/2018
3 Bed
3 Bath
2620 ft²
$585,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2620 ft²
$550,000 -5.98%
10/19/2018
Mark Linder

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Condo
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 437
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,483
  • Total Building Area: 3,057
  • Gross Building Area: 3,057
  • Building Area: 2,620
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,620
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: MERRILL STREET TOWNHOMES
  • Land Acres: 0.057
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: MERRILL STREET TOWNHOMES UNIT 657 & 20% INTCOMMON AREA

Ownership

  • Current Owner : EBERSOLE TED
  • Previous Owner : MOORE SETH
  • Owner Before Previous Owner: SHOCKLEY TRAVIS E
  • Owner Before Previous Owner 2: NUNEZ ESTRADA NYDIA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2337-D5
  • District: 0001
  • Section: 120
  • Parcel: 49-11-01-218-011.002-101
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7586
  • Longitude: -86.1474

    Address

  • Full Address: 657 E Merrill St
  • Address - House Number: 657
  • Street Direction: E
  • Address - Street Name: Merrill
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C024
  • 4-Digit Zip Code: 1727
  • Zip Code: 46203

Valuation

    Tax

  • Total Area: 2,620
  • Tax Year: 2022
  • Tax Amount: $6,689
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 444,346
  • High Value: 544,207
  • Low Value: 344,484

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $630,000
  • First Open Lien Mortgage Lender: UBS BANK USA
  • First Open Lien Mortgage Recording Date: Jun 09, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $630,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2053

    Market Valuation

  • Market Total Value: $532,100
  • Market Land Value: $58,700
  • Market Improvement Value: $473,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $532,100
  • Assessed Land Value: $58,700
  • Assessed Improvements Value: $473,400

    Sales

  • Current Sale Contract Date: Jun 02, 2023
  • Current Sale Recording Date: Jun 09, 2023
  • Current Sale Transaction ID: 11907956236
  • Current Sale Price: $837,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 46900
  • Previous Sale Recording Date: Oct 19, 2018
  • Previous Sale Contract Date: Oct 15, 2018
  • Previous Sale Amount: $550,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UBS BANK USA
  • First Mortgage Transaction Date: Jun 09, 2023
  • First Mortgage Loan Amount: $630,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: UNION SAVINGS BANK
  • Previous Mortgage Transaction Date: Oct 19, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $440,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2033

About Downtown Indianapolis



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Frequently Asked Questions

What neighborhood is 657 East Merrill Street located in?
The 657 East Merrill Street is a condo located in the neighborhood of Fletcher Place in Downtown Indianapolis, Indianapolis.
How many listings are currently for sale in 657 East Merrill Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 657 East Merrill Street?
The average sales price for units in 657 East Merrill Street is $585,000 , or $223/sqft. currently.

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