516 S Spencer Ave Indianapolis, IN 46219
Single Family Residence2 Beds, -- Baths, 725 sqft
$49,000
(Estimated Value)
Estimated value provides a reasonable estimate of the property’s market value based on comparable properties and other factors.
It is not an actual appraisal, but it is a good starting point to determine the property’s actual value.
- Est. Refinance:
- $223/mo
516 S Spencer Ave is a single family residence located in Indianapolis, IN 46219. Built in 1946, this property features 2 bedrooms, 7,667 sq ft lot, and 725 sq ft of living space. The estimated market value for 516 S Spencer Ave is $49,000.
For the surrounding community of Indianapolis, IN 46219, the average sale price for similar homes to 516 S Spencer Ave is $32,586. The nearby schools are below average and include Christian Park School 82, Arsenal Technical High School and Henry W Longfellow Middle School. The overall crime risk for this area is moderately high with 51 criminal and sex offenders residing within 1 mile. The natural disaster risk for this area includes very low earthquake risk, and high tornado risk.
Equity & Loan-to-value
$49,000
estimated value
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Outstanding Loan Amount
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Equity
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Loan-To-Value
Ownership Information
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The primary owner (or borrower) is the person in charge of the mortgage and ultimately responsible for making payments on the loan.
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Free with Trial |
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Indicates the ownership vesting type. Generally this describes the legal relationship between multiple owners or married persons.
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Free with Trial |
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The address where the owner receives his/her tax bill. You may use this address to get in touch with the property owner.
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Free with Trial |
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The date when the current owner purchased the property.
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03/26/2008 |
Property Details: 516 S Spencer Ave
- Single Family Residence
- Home Size: 725 sqft
- Lot Size: 7,667 sqft
- Built in: 1946
- Parcel Number: 491010116022000701
- County: Marion
- Subdivision: IVANHOE HEIGHTS REV
- Census: 3
- Tract: 361200
- Lot: 150
- Legal: Free With Trial
Home Expenses
Tax History
| Year | Taxes | Land | Improvements | Assessment |
| 2017 | $809 (+2.39%) | $13,800 | $20,000 | $33,800 |
| 2016 | $809 (+2.28%) | $13,800 | $21,600 | $35,400 |
| 2015 | $769 (+2.19%) | $13,800 | $21,300 | $35,100 |
| 2014 | $588 (+1.84%) | $13,800 | $18,000 | $31,800 |
| 2013 | $215 (+0.76%) | $13,800 | $14,400 | $28,200 |
| 2011 | $341 | $13,800 | $40,200 | $54,000 |
Transaction History
Market Comparison
This home $49,000
Estimated Value
vs
Comparable Sales$32,586
AVG SALES Price
Comparable Listings $49,314
AVG LIST Price
Comparable Sales
The average sales price of homes similar to 516 S Spencer Ave is $32,586 ($41/sq.ft.)| Address | Sold Price | Sold Date | Price/sq ft | Sq.Ft. | Beds, Baths | Distance |
| 115 Good Ave | $55,000 | 04/06/2018 | $64 | 864 sq.ft. | 2 Bed, -- Bath | 0.9 mi away |
| 5844 Shimer Ave | $20,000 | 03/29/2018 | $28 | 725 sq.ft. | 2 Bed, -- Bath | 0.7 mi away |
| 115 Good Ave | $41,000 | 01/11/2018 | $47 | 864 sq.ft. | 2 Bed, -- Bath | 0.9 mi away |
| 622 Melvenia St | $14,000 | 11/09/2017 | $19 | 725 sq.ft. | 2 Bed, -- Bath | 0.2 mi away |
| 702 S Spencer Ave | $37,501 | 09/06/2017 | $45 | 840 sq.ft. | 2 Bed, -- Bath | 0.1 mi away |
Comparable Listings
- 38 S Catherwood Ave
- $59,900
- 3 Bd 2 Ba
- 720 SqFt
- 6125 Windsor Dr
- $40,000
- 2 Bd 1 Ba
- 816 SqFt
- 6126 Windsor Dr
- $35,000
- 2 Bd 1 Ba
- 816 SqFt
- 21 N Devon Ave
- $59,900
- 2 Bd 1 Ba
- 783 SqFt
