7 months on rocket

1507 Broadway St, Indianapolis, IN, 46202

$940,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
6,434 SqFt
$146/SqFt
House

Location

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1507 Broadway St, Indianapolis$940,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1880
HeatingRadiant, Natural Gas
CoolingCentral Air
BasementYes
FireplaceBedroom, Den/Library Fireplace, Family Room, Non Functional, Primary Bedroom
MLS #21971546
Lot Size0.34 Acres
StatusActive

About 1507 Broadway St

Allow us the honor of presenting to you a residence of unparalleled grandeur, nestled in the heart of the esteemed Old Northside Historic Neighborhood, a mere stone's throw from the bustling streets of downtown Indianapolis. Step back in time as you enter this venerable abode, a testament to the craftsmanship of yore, yet thoughtfully updated to cater to the modern sensibilities of the discerning homeowner. Admire the intricate millwork of the entry staircase, a symphony of woodcraft that speaks volumes of the artisan's skill. Behold, the rich patina of two-tone quarter-sawn oak hardwood floors and ornate fireplaces, a testament to the passage of time and the enduring quality of fine materials. The stained glass windows truly steal the show, adorned with colorful glass panels that dance with the sunlight, weaving tales of bygone days and whispered secrets. Venture beyond the threshold and discover a verdant oasis, where historic suburban charm meets the vibrant pulse of city life. The oversized L-shaped lot beckons with promises of leisure and relaxation, boasting a rare treasure-an inground swimming pool. Stroll along brick walkways, enveloped by the beauty of perennial plantings, and marvel at the ornate iron fence that stands as a silent sentinel, guarding the home's rich heritage. Yet, dear Buyers, the tale does not end here. For within these hallowed halls, history comes alive. Imagine the esteemed presence of former residents Nannette Dowd, a pioneer in her own right, and her esteemed husband, Dr. Frank T. Dowd, their legacy woven into the very fabric of this splendid residence. Mrs. Dowd was Indianapolis's first City County Councilwoman, elected in 1936. As the sun sets on another day in this illustrious neighborhood, one cannot help but feel a sense of reverence for the past and excitement for the future. Dare you seize the opportunity to become the next steward of this storied home?

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman, Victorian
  • Year Built: 1880
  • Living Area: 6,434 SqFt

Listing Office:

  • Office Name: F.C. Tucker Company
  • Office Email: kelly@kellyhuff.com
  • Listing Agent: Kelly Huff

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Oven, Double Oven, Gas Oven, Refrigerator, Washer
  • Basement: Yes
  • Interior: Built In Book Shelves, Center Island, Entrance Foyer, Hardwood Floors, Pantry, Walk-in Closet(s), Windows Wood
  • Fireplace: Bedroom, Den/Library Fireplace, Family Room, Non Functional, Primary Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Gas Grill

Virtual/3D Tour

  • Virtual Tour: 1507 Broadway St
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.34 Acres

Utilities

Utilities Information:

  • Heating: Radiant, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Located in the Old Northside Butlers Ext. Near 15th & Broadway. Lot is an L shape. GPS friendly.

Price Information

Listing Price Info

Price Summary:

  • List Price: $940,000
  • Price Per SqFt: $146/SqFt

HOA Fees:

  • Amount: $50
  • Frequency: Annually

Tax Information:

  • Annual Amount: $10,418
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Indianapolis, IN.

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Indianapolis, IN

City

Med. Sold Price

$245.5K

Med. Price/SqFt

$139

Avg. Days On Market

31

# of Sold Homes

946

1507 Broadway St vs Indianapolis

216 DAYS ON ROCKET

+185 Days

$940,000

+$694.4K More

$146/SqFt

+$7 More

KEY TAKEAWAY

This property is $694.4K more than the Median Sold Price and $7/SqFt more than other homes in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21971546

Listing Office:

  • Office Name: F.C. Tucker Company
  • Office Email: kelly@kellyhuff.com
  • Listing Agent: Kelly Huff

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 10:46:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 12, 2018Home Sold
$835,000

Tax History

YEARPROP. TAXASSESSMENT
2020$10,418$937,900
2019$5,735$832,300
2018$4,575$445,300
2017$4,394$403,100

History based on county public records data.

Payment Calculator

$4,763

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,885

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-405862
8
/10

  • Paramount Cottage Home

  • 1203 E Saint Clair St

  • 0.80 miles

  • Public Charter Grades KG-4

school-card-donut-405863
4
/10

  • Theodore Potter Magnet Elementary School 74

  • 1601 E 10th St

  • 0.86 miles

  • Public District Grades KG-6

school-card-donut-405864
4
/10

  • Thomas D. Gregg Elementary School 15

  • 2302 E Michigan St

  • 1.48 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $105,435. Most Indianapolis, IN residents have annual incomes between $100k-200k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1507 Broadway St

What is the listing price of this property?

The listing price of 1507 Broadway St property is $940,000.

What type of property is this?

The property 1507 Broadway St is a house located in Indianapolis, Indiana, 46202.

Is this property for sale now?

Active Listing: 1507 Broadway St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $10,418 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 12, 2018 for $835,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1507 Broadway St has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1507 Broadway St is 6,434 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1507 Broadway St is 1880.

Rocket Homes›Indiana›Marion County›Indianapolis›46202›1507 Broadway St

This home is located at 1507 Broadway St in Indianapolis, IN and zip code 46202 in the College Corner neighborhood. This 6,434 square foot home, which was built in 1880, sits on a 0.34 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $940,000.

In October 2024, from all listings sold in Indianapolis, IN there were more than 170 sold above asking price, over 519 sold below and more than 256 were sold right at the asked price. The inventory of homes for sale in Indianapolis, IN between September 2024 and October 2024 increased by 3.7%. The median list price of listings available in October 2024 was $245,515, while the average time on the real estate market was 31 days.

From Rocket Homes Real Estate and based on county public records data.

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