$900,000
SOLD DEC 19, 2024
-- Bed
-- Bath
4,044 Sq Ft
0.32 Acres

Recently Sold

$223 Per Sq Ft

14 Days on Market

Highlights

  • Electric Gate
  • Traditional Architecture
  • 5-minute walk to Shawn Grove Park
  • 0.32 Acre Lot
  • Home Security System

About This Home

As of December 2024

The Drew Moxley house is a turn of the century mansion built in the late 1800's. Originally built as a single family residence by the Drews then later owned by the Moxleys, this home was converted into 3, 2 bedroom/2 bathroom flats each consisting of roughly 2,000 sqft in the late 80's. Take a step back in time and observe the original hardwood floors, trim, original doors, and architectural detail throughout. Property could be taken back to the original design if buyer wanted to make it a single family residence. Each unit has all the features of a stand alone home with a washer and dryer in each unit, security alarms, and a dry sprinkler system. The basement of the main house has 3 locked storage units for the 3 tenants in the building adding additional space for them. The fully fenced property has an electric gate that provides 2 parking spaces for each unit. The original carriage house has been renovated into 2, 1 bed/1 bath units which also have there own washer and dryer and full kitchens. RECENT UPDATES: All HVAC units are within 8 years of age, most are newer. Exterior was painted with RhinoShield in 2021 with a 25 yr. transferable warranty. Downspouts were recently redone with buried schedule C to take the water towards the street. Chimneys re-flashed in 2024, Landscaping 2023. 4 of the 5 units are currently leased and the 1 unit in the carriage house will be available by 9/1/24. current length of tenants, Unit 1 - 4 yrs, Unit 2 - 4 yrs, Unit 3 - 2 months, Unit 4 - vacant, Unit 5 - 3 years

Last Agent to Sell the Property

Michael Espich

F.C. Tucker Company Brokerage Email: mike.espich@talktotucker.com License #RB14028767

F.C. Tucker Company

Last Buyer's Agent

Pamela Brown

PMI Indianapolis License #RB14027637

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,928

Year Built

  • Built in 1890 | Remodeled

Lot Details

  • 0.32 Acre Lot
  • Sprinkler System

Parking

  • Electric Gate

Home Design

  • Triplex
  • Traditional Architecture
  • Block Foundation

Interior Spaces

  • 3-Story Property
  • Basement
  • Basement Storage
  • Home Security System
  • Laundry on main level

Utilities

  • Heat Pump System

Community Details

  • Martindales Subdivision

Listing and Financial Details

  • Tenant pays for security, cable TV, electricity
  • The owner pays for insurance, lawncare, taxes, sewer, trash collection, water
  • Tax Lot 15
  • Assessor Parcel Number 490636107002000101
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,928

Year Built

Built in 1890 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1890
  • Lot Size Acres: 0.32
  • Road Frontage Type: City Street
  • Road Surface Type: Concrete
  • Structure Type: FreeStand
  • Subdivision Name: Martindales
  • Transaction Type: Sale
  • Conversion: Yes
  • Price Unit: 180000
  • MBR_AttributionContact: mike.espich@talktotucker.com
  • Attribution Contact: mike.espich@talktotucker.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Storage Space
  • Levels: Three Or More
  • Owner Pays: Insurance, Lawncare, Taxes, Sewer, Trash Collection, Water
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Materials: Wood
  • Direction Faces: North
  • Exterior Features: Sprinkler System
  • Foundation Details: Block
  • List Price: 900000
  • Property Condition: Updated/Remodeled
  • View Y N: No
  • Waterfront: No
  • Road Access: Street Cuts

Garage/Parking

  • Parking Features: Electric Gate, Gated
  • Unit Parking: 2 Car Space

Utilities

  • Cooling: Central Electric
  • Heating: Electric, Heat Pump
  • Laundry Features: Laundry Closet, Main Level
  • Security Features: Security System, Sprinkler System
  • Solid Waste: No

Fee Information

  • Expenses: 23000

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 13721
  • Parcel Number: 490636107002000101
  • Zoning: Residential
  • Acres: 1/4-1/2 Acre
  • Price Acre: 2812500

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Security, Cable TV, Electricity

Multi Family

  • Gross Income: 87000
  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 9928
  • Tax Lot: 15
  • Semi Annual Property Tax Amt: 4964
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2024
Closed on
Dec 19, 2024
Sold by
Ls & Ama Llc
Bought by
101 E 14Th St Llc
Seller's Agent
Michael Espich
F.C. Tucker Company
Buyer's Agent
Pamela Brown
PMI Indianapolis
List Price
$900,000
Sold Price
$900,000
Total Days on Market
14
Views
9
Current Estimated Value
$933,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,548
Avg. Annual Appreciation
7.61%

Purchase Details

Closed on
Sep 17, 2024
Sold by
Rockafellow Larry L and Rockafellow Susan A
Bought by
Ls & Ama Llc

Map

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $900,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $60,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2024 12/19/24 Sold $900,000 0.0% $223 / Sq Ft
08/27/2024 08/27/24 Pending -- -- --
08/13/2024 08/13/24 For Sale $900,000 -- $223 / 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
2024 $12,546 $512,400 $136,200 $376,200
2023 $12,546 $512,400 $136,200 $376,200
2022 $10,122 $496,900 $136,200 $360,700
2021 $9,332 $384,000 $51,600 $332,400
2020 $9,269 $380,400 $51,600 $328,800
2019 $8,961 $360,800 $51,600 $309,200
2018 $8,621 $342,900 $51,600 $291,300
2017 $7,390 $329,300 $51,600 $277,700
2016 $6,973 $318,700 $51,600 $267,100
2014 $6,947 $309,000 $51,600 $257,400
2013 $6,732 $309,000 $51,600 $257,400
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21995509

MIBOR Broker Listing Cooperative®

APN: 49-06-36-107-002.000-101