NOT LISTED FOR SALE

1007 Morgan Dr Indianapolis, IN 46227

Edgewood Neighborhood

Estimated Value: $141,000 - $189,000

3 Beds
-- Bath
702 Sq Ft
$236/Sq Ft Est. Value

Last Sold July 30, 2014

Last sale price $20,000 $28 Per Sq Ft

Est. 727% increase in value since last sale

Current estimated payment $989/month

79 Days on Market

About This Home

As of July 2014

THIS IS A 2 UNIT MONEY MAKER!!!... Two separate units affording a good cash flow. Unit one is a 1 bedroom with aluminum siding. Unit two is a 2 story 2 bedroom. Two mini-barns and attached large shed. Lot is deep in a stable area. INVESTORS TAKE NOTICE!!!...

Last Agent to Sell the Property

Gib Barker

Exceptional Homes, Inc. Listed on: 05/09/2014

Last Buyer's Agent

Gib Barker

Exceptional Homes, Inc. Listed on: 05/09/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 0.46 Acre Lot
  • Partially Fenced Property

Home Design

  • Duplex
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Washer and Dryer Hookup

Location

  • Suburban Location

Community Details

  • Longacre Subdivision

Listing and Financial Details

  • Tenant pays for gas, insurance
  • The owner pays for ins hazard, insurance, taxes, sewer, water
  • Legal Lot and Block 182 / 4
  • Assessor Parcel Number 491136114019000500

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0.46 Acres

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1930
  • Lot Size Acres: 0.46
  • Structure Type: Apartment Complex
  • Subdivision Name: Longacre
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • F H A Certified: No
  • MBR_AttributionContact: gbarker@homes-indiana.com
  • Special Features: None

Interior Features

  • Levels: Two
  • Furnished: Unfurnished
  • Owner Pays: Ins Hazard, Insurance, Taxes, Sewer, Water
  • SqFt Total: 0

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: Parking Lot

Utilities

  • Utilities: Gas, Water Connected
  • Laundry Features: Connections All
  • Solid Waste: Yes

Lot Info

  • Lot Features: Partial Fencing, Suburb
  • Additional Parcels: No
  • Lot Size Sq Ft: 301
  • Parcel Number: 491136114019000500
  • Acres: 1/4-1/2 Acre

Rental Info

  • Tenant Pays: Gas, Insurance

Tax Info

  • Tax Annual Amount: 836
  • Tax Block: 4
  • Tax Lot: 182
  • Semi Annual Property Tax Amt: 418
  • Tax Exemption: Homestead Tax Exemption,Other Tax Exemption/See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2014
Closed on
Jul 30, 2014
Sold by
Fuentes Aurora Del Carmen
Bought by
Fuentes Aurora Delcarmen and Fuentes Abner Antonio
Seller's Agent
Gib Barker
Exceptional Homes, Inc.
Buyer's Agent
Gib Barker
Exceptional Homes, Inc.
List Price
$34,900
Sold Price
$20,000
Premium/Discount to List
-$14,900
-42.69%
Current Estimated Value
$165,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,390
Avg. Annual Appreciation
19.90%

Purchase Details

Listed on
May 9, 2014
Closed on
Jul 29, 2014
Sold by
Not Provided
Bought by
Fuentes Aurora Del Carmen
Seller's Agent
Gib Barker
Exceptional Homes, Inc.
Buyer's Agent
Gib Barker
Exceptional Homes, Inc.
List Price
$34,900
Sold Price
$20,000
Premium/Discount to List
-$14,900
-42.69%

Purchase Details

Closed on
Mar 21, 2014
Sold by
Day Verinda S and Day Charles L
Bought by
Beneficial Financial I Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fuentes Aurora Delcarmen -- Escrow & Title Services Llc
Fuentes Aurora Del Carmen -- None Available
Fuentes Aurora Del Carmen $20,000 Escrow & Title Services Llc
Fuentes Aurora Del Carmen -- None Available
Beneficial Financial I Inc $79,604 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2014 07/30/14 Sold $20,000 -42.7% $28 / Sq Ft
07/28/2014 07/28/14 Pending -- -- --
05/09/2014 05/09/14 For Sale $34,900 -- $50 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $1,536 $169,900 $17,400 $152,500
2024 $1,532 $137,300 $17,400 $119,900
2023 $1,532 $131,200 $17,400 $113,800
2022 $1,518 $120,800 $17,400 $103,400
2021 $1,260 $101,700 $17,400 $84,300
2020 $1,135 $95,300 $17,400 $77,900
2019 $908 $83,900 $10,300 $73,600
2018 $875 $82,000 $10,300 $71,700
2017 $945 $85,900 $10,300 $75,600
2016 $1,013 $88,900 $10,300 $78,600
2014 $786 $87,700 $10,300 $77,400
2013 $843 $87,700 $10,300 $77,400
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2014

    Gib Barker

    Exceptional Homes, Inc.

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21290610

MIBOR Broker Listing Cooperative®

APN: 49-11-36-114-019.000-500

Indiana Marion County Indianapolis 46227 Edgewood

1007 Morgan Dr, Indianapolis, IN

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the 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. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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