When was property at 701 Prospect Street built and last sold?

The property at 701 Prospect Street was built in 2020 and last sold on Jun 11, 2021 for $550,000.

How much is this home worth?

The estimated value of the home located at 701 Prospect Street is $561,172.

What are some comparable homes to 701 Prospect Street?

There are currently no comparable homes to 701 Prospect Street.

Indianapolis

46203

Near Southside

701 Prospect Street

1 / 44

Map

$618,999*

● House - Off Market

701 Prospect Street

Indianapolis, IN 46203

4 Beds

1 Bath, 1 Half Bath

3380 Sqft

$495,000 - $605,000

Reference Base Price*

12.55%

Since Nov 1, 2021

National-US

Primary Model

Sold Jun 22, 2021

$550,000

Gahimer Andrew Ross Brown Taylor Whitney

Buyer

Lp2 Llc

Seller

$440,000 by Firstbank Na

Mortgage Due Jul 01, 2051

About This Property

Be part of TKW Redevelopment project on Prospect. Located on the edge of 3 of Downtowns hottest neighborhoods Bates Hendricks, Fountain Square & Fletcher Place. This new build boasts 3 stories (2464 sqft) w/ unfinished basement(1016 sqft) Walk into this modern farmhouse w/ light hardwood & natural light run thro out the home. Main level boasts an open floor plan w/ gourmet kitchen, tile backsplash, highend appliances & Calcutta counters w/ the coffee bar tucked perfectly between the kitchen & living rooms. Head upstairs to the owners suite on the 2nd level w/ a bath with tub/shower room and two more bedrooms on the second floor. Head up the 3rd floor wet bar w/ skyline views from your balcony & 4th bed/office. 2 car garage full fenced yard

The manager has listed the unit size as 3380 square feet.

Unit Size

3,380Ft²

Days on Market

Land Size

0.09 acres

Price per sqft

$163

Property Type

House

Property Taxes

$60

HOA Dues

Year Built

2020

Price History

Date / Event	Date	Event
Oct 6, 2021	No longer available	-
No longer available
Jun 22, 2021	Sold to Andrew Ross Gahimer, Taylor...	$550,000
Sold to Andrew Ross Gahimer, Taylor...
May 11, 2021	In contract	-
In contract
May 6, 2021	Price Decreased	$550,000 ↓ $15K (2.7%)
Price Decreased
Apr 29, 2021	Relisted	$565,000
Relisted
Apr 28, 2021	No longer available	-
No longer available
Apr 17, 2021	Listed	$565,000
Listed

Property Highlights

Garage

Building Info

Overview

General

Year Built: 2020

Effective Year Built: 2020
Building Count: 1
Bedroom Count: 4
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Bathroom Plumbing Fixtures: 13
Building Condition: Average
Building Quality: A
Construction Type: Frame
Roof Cover Type: Asphalt
Basement Type: Partial basement
Basement Area: 1,060
Garage Type: Detached
Garage Square Area: 440
Parking Space Count: 2

Dimensions

Lot Size Square Feet: 4,046

Total Building Area: 3,730
Gross Building Area: 3,730
Building Area: 2,935
Building Area Measurement: Living Area

Heating and Cooling

Air Conditioning: Central air conditioning

Heating: Central heating
Heated Square Feet: 2,935
Heating Fuel Type: unknown

Utilities

Sewer System: Yes

Water Service: Yes

Building

Property Class: Residential

Subdivision: T K WILLIAMS ADDITION
Land Acres: 0.093
Standard Land Use Code: Single family residential
County Land Use Code: Vehicles general
Legal Description 1: T K WILLIAMS ADDITION L2

Ownership

Current Owner : GAHIMER ANDREW ROSS

Current Owner 2: BROWN TAYLOR WHITNEY
Previous Owner : LP2 LLC
Is Owner Occupied: Owner-occupied property
Ownership Rights Codes: Joint Tenants

Neighborhood

School District Name: Indianapolis Public Schools

Census Tract: 357000

Zoning

Zoning: ZO01

Geography

District: 0001

Section: 120
Parcel: 49-11-12-101-086.001-101
Lot: 2
Municipality: CENTER TOWNSHIP
Latitude: 39.752
Longitude: -86.1466

Address

Full Address: 701 Prospect St

Address - House Number: 701
Address - Street Name: Prospect
Address - Suffix Type: St
State: IN
City Name: Indianapolis
Carrier Code: C023
4-Digit Zip Code: 1850
Zip Code: 46203

Valuation

Tax

Total Area: 3,730

Tax Year: 2022
Tax Amount: $7,515
Tax Rate Code Area: 101

Appraisal Valuation

Standard Deviation: 0.2266

Valuation Date: Jan 27, 2024
Confidence Score: 68
Final Value: 597,805
High Value: 733,323
Low Value: 462,286

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $440,000
First Open Lien Mortgage Lender: FIRSTBANK NA
First Open Lien Mortgage Recording Date: Jun 22, 2021
First Open Lien Mortgage Financing Type: Fixed Rate
First Open Lien Mortgage Loan Amount: $440,000
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, 2051

Market Valuation

Market Total Value: $634,200

Market Land Value: $32,400
Market Improvement Value: $601,800

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $634,200
Assessed Land Value: $32,400
Assessed Improvements Value: $601,800

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Jun 11, 2021

Current Sale Recording Date: Jun 22, 2021
Current Sale Transaction ID: 11841659954
Current Sale Price: $550,000
Current Sale Document Type: Warranty Deed
Current Sale Input Document Number: A202100081197

Last Sale Mortgage

First Mortgage Lender: FIRSTBANK NA

First Mortgage Transaction Date: Jun 22, 2021
First Mortgage Loan Amount: $440,000
First Mortgage Terms: 360
First Mortgage Loan Type: New Conventional
First Mortgage Loan Due Date: Jul 01, 2051

Financing

First Mortgage Financing Type: Fixed Rate

Redact Ownership Info

Comparables

1621 North Park Avenue #1

Sold

Condo

2 Beds

2 Baths

$481,000 Jan 7, 2004

$481,000 May 28, 2004

$553/mo

709 Sanders Street

In Contract

House

3 Beds

3.5 Baths

2,920 ft²

$197/ft²

$575,000 Jan 13, 2023

1356 Barth Avenue

Active

House

3 Beds

2.5 Baths

2,649 ft²

$217/ft²

$574,990 Jan 13, 2023

417 East Morris Street

Active

House

3 Beds

3.5 Baths

1,972 ft²

$251/ft²

$495,000 Mar 15, 2023

563 Lord Street

Active

House

2 Beds

2.5 Baths

1,832 ft²

$273/ft²

$499,900 Feb 16, 2023

435 Virginia Avenue #108

Active

Condo

2 Beds

2 Baths

1,872 ft²

$280/ft²

$525,000 Jan 6, 2023

$2,236/mo

About Near Southside

Stats & Trends

Median Asking:

$289,000

Sale Price/ft²

$163

Below Asking

0.04%

Average Days on Market

Average Home Size

1941 ft²

Average Home Age

89.8 years

Currently For Sale

21 Listings

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Open House: Sat Mar 18, 8AM - 10AM

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701 Prospect Street

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About Near Southside

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions