$250,000
SOLD NOV 7, 2024
-- Bed
-- Bath
1,300 Sq Ft
2,570 Sq Ft Lot

Recently Sold

$192 Per Sq Ft

5% Below List Price

146 Days on Market

About This Home

As of November 2024

GREAT LOCATION!! This large duplex has seen a top-down renovation in the last few years including: roof, windows, plumbing, electrical, HVAC and more. With these repairs being done in just the last few years, you won't have anything to worry about in this steady rental property. Both units are large, 3 bedroom with 1 bathroom, open main floor, and spacious bedrooms. With both sides rented, enjoy immediate cashflow with the opportunity to increase the rents as both units are under market value. Duplex is located in a rapidly appreciating neighborhood adjacent to Arsenal Heights. Walking distance to Willard Park (pool, basketball courts, baseball field and more!). Very quick access to Downtown Indy and Interstate 70.

Last Agent to Sell the Property

Maxwell Richter

Wilmoth Group Brokerage Email: maxr@wilmothgroup.com License #RB15000880 Listed on: 04/22/2024

Last Buyer's Agent

Katie Blossom

Berkshire Hathaway Home

Berkshire Hathaway Home

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,342

Year Built

  • Built in 1907

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector
  • Washer and Dryer Hookup
  • Basement

Additional Features

  • 2,570 Sq Ft Lot
  • Separate Meters

Community Details

  • Willard Place Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for ins hazard, insurance, taxes
  • Tax Lot 73
  • Assessor Parcel Number 491006185064000101
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,342

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1907
  • Lot Size Acres: 0.06
  • Subdivision Name: Willard Place
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 125000
  • MBR_AttributionContact: maxr@wilmothgroup.com
  • Multi Rooms: 16
  • Attribution Contact: maxr@wilmothgroup.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: Ins Hazard, Insurance, Taxes
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Wood Brick
  • List Price: 264000
  • Road Access: Not Applic

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Cooling: Separate Meters
  • Laundry Features: Connections All
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Sidewalks
  • Property Attached Yn: Yes
  • Current Use: Residential
  • Lot Size Sq Ft: 2570
  • Parcel Number: 491006185064000101
  • Acres: <1/4 Acre
  • Price Acre: 4166667

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 23604
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4342
  • Tax Lot: 73
  • Semi Annual Property Tax Amt: 2171

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
Nov 6, 2024
Sold by
Emax Holding I Llc
Bought by
Banahan Group Llc
Seller's Agent
Maxwell Richter
Wilmoth Group
Buyer's Agent
Katie Blossom
Berkshire Hathaway Home
List Price
$264,000
Sold Price
$250,000
Premium/Discount to List
-$14,000
-5.3%
Views
93

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.60%
Original Mortgage
$200,000
Outstanding Balance
$199,017
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$51,959

Purchase Details

Listed on
May 20, 2021
Closed on
Aug 2, 2021
Sold by
Nyp Rentals Llc
Bought by
Emax Holdings Llc
Seller's Agent
Maxwell Richter
Wilmoth Group
Buyer's Agent
Jill Thompson
@properties
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $250,000 None Listed On Document
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Closed $200,000 New Conventional
Previous Owner $150,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 For Rent $1,500 0.0% --
11/07/2024 11/07/24 Sold $250,000 -5.3% $192 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
08/29/2024 08/29/24 For Sale $264,000 0.0% $203 / Sq Ft
08/15/2024 08/15/24 Pending -- -- --
08/12/2024 08/12/24 Price Changed $264,000 -2.2% $203 / Sq Ft
07/31/2024 07/31/24 For Sale $269,900 +8.0% $208 / Sq Ft
07/26/2024 07/26/24 Off Market $250,000 -- --
07/24/2024 07/24/24 Price Changed $269,900 -1.9% $208 / Sq Ft
07/03/2024 07/03/24 Price Changed $275,000 -3.5% $212 / Sq Ft
06/20/2024 06/20/24 Price Changed $285,000 -3.4% $219 / Sq Ft
06/05/2024 06/05/24 Price Changed $295,000 -3.3% $227 / Sq Ft
05/12/2024 05/12/24 Price Changed $305,000 -3.2% $235 / Sq Ft
04/22/2024 04/22/24 For Sale $315,000 +50.0% $242 / Sq Ft
08/03/2021 08/03/21 Sold $210,000 -29.8% $162 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/06/2021 07/06/21 For Sale -- -- --
06/25/2021 06/25/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $299,000 0.0% $230 / Sq Ft
04/02/2021 04/02/21 Rented $895 0.0% --
03/26/2021 03/26/21 Under Contract -- -- --
03/18/2021 03/18/21 Price Changed $895 -10.1% $1 / Sq Ft
02/09/2021 02/09/21 For Rent $995 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,753 $216,700 $10,300 $206,400
2023 $4,753 $196,100 $10,300 $185,800
2022 $4,442 $183,900 $10,300 $173,600
2021 $2,994 $125,500 $10,300 $115,200
2020 $1,617 $65,600 $1,600 $64,000
2019 $1,324 $52,000 $1,600 $50,400
2018 $1,305 $50,800 $1,600 $49,200
2017 $1,132 $48,900 $1,600 $47,300
2016 $1,015 $44,400 $1,600 $42,800
2014 $902 $41,700 $1,600 $40,100
2013 $867 $41,700 $1,600 $40,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21975075

MIBOR Broker Listing Cooperative®

APN: 49-10-06-185-064.000-101