NOT LISTED FOR SALE

101 N 5th Ave Beech Grove, IN 46107

Estimated Value: $191,000 - $196,707

2 Beds
-- Bath
978 Sq Ft
$199/Sq Ft Est. Value

Last Sold September 14, 2017

Last sale price $93,500 $96 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,441/month

7 Days on Market

About This Home

As of September 2017

Well maintained, brick double on corner lot with newer two car garage in Beech Grove - one side allotted for each tenant has 2 bedrooms, 1 bath, 1 car garage, oven/range, frig and laundry connections in each unit. Both units leased, 101 side expires in Feb. 2018 & 103 side expires in Jan. Seller pays water and sewer, tenants pay all other utilities. Great opportunity for an investor or owner/occupant. Roof is 5 years old, unit 103 has new water heater & furnace in 2015, both have new A/C in 2011.

Last Agent to Sell the Property

Robert VanHook

Premier Agent Network License #RB14028905 Listed on: 08/21/2017

Premier Agent Network

Co-Listed By

Jamie Troche

Last Buyer's Agent

Paul Warner

CityPlace Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 6,534

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Additional Features

  • Crawl Space
  • 6,534 Sq Ft Lot

Community Details

  • Beech Grove Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance
  • The owner pays for lawncare, sewer, water
  • Assessor Parcel Number 491021117273000102

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Doub-Duplx, Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1968
  • Co List Office Phone: 317-881-2100
  • Lot Size Acres: 0.15
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: BEECH GROVE
  • Inspection Warranties: Not Applicable
  • Property Description: Well maintained, brick double on corner lot with newer two car garage in Beech Grove - one side allotted for each tenant has 2 bedrooms, 1 bath, 1 car garage, oven/range, frig and laundry connections in each unit. Both units leased, 101 side expires in Feb. 2018 & 103 side expires in Jan. Seller pays water and sewer, tenants pay all other utilities. Great opportunity for an investor or owner/occupant. Roof is 5 years old, unit 103 has new water heater & furnace in 2015, both have new A/C in 2011.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • F H A Certified: 1
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: Lawncare, Sewer, Water
  • Possible Use: Residential
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 6273
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Crawl Space
  • List Price: 99900
  • Road Access: CityStreet
  • Interstate: Ramp1-3mi

Garage/Parking

  • Garage Spaces: 1
  • Unit Parking: 1 Car Garage,On Street,1 Car Space
  • Auto Parking: 2

Utilities

  • Solid Waste: 0
  • HVAC: Both A/C units new 2011

Fee Information

  • Expenses: 75

Lot Info

  • Current Use: Residential
  • Parcel Number: 491021117273000102
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Corner,Not In Subdivision
  • Lot Number: 16
  • Lot Size: 47x133

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance

Multi Family

  • Net Operating Income: 1100
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2686
  • Semi Annual Property Tax Amt: 1343
  • Tax Exemption: None

MLS Schools

  • School District: Beech Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2017
Closed on
Sep 14, 2017
Sold by
Mcdowell Emily
Bought by
Shah Samvid S and Shah Darahini S
Seller's Agent
Robert VanHook
Premier Agent Network
Buyer's Agent
Paul Warner
CityPlace Realty
List Price
$99,900
Sold Price
$93,500
Premium/Discount to List
-$6,400
-6.41%
Current Estimated Value
$194,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,069
Avg. Annual Appreciation
9.62%

Purchase Details

Closed on
Apr 15, 2010
Sold by
Daugherty Carol L and Davenport Carol L
Bought by
Gentry Emily and Mcdowell Lucas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
5.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Shah Samvid S $93,500 --
Shan Samvid S $93,500 Lenders Escrow & Title Servi
Shah Samvid S $93,500 Lender Escrow & Title Svcs
Gentry Emily -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Samvid S $70,000
Previous Owner Gentry Emily $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2017 09/14/17 Sold $93,500 -6.4% $96 / Sq Ft
08/21/2017 08/21/17 For Sale $99,900 -- $102 / Sq Ft
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 $4,601 $170,600 $20,100 $150,500
2023 $4,601 $165,000 $20,100 $144,900
2022 $5,303 $185,400 $20,100 $165,300
2021 $3,849 $139,000 $20,100 $118,900
2020 $3,618 $139,000 $20,100 $118,900
2019 $3,077 $122,700 $12,100 $110,600
2018 $2,263 $122,000 $12,100 $109,900
2017 $2,820 $112,700 $12,100 $100,600
2016 $2,685 $108,400 $12,100 $96,300
2014 $2,594 $110,400 $12,100 $98,300
2013 $2,120 $110,400 $12,100 $98,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21507503

MIBOR Broker Listing Cooperative®

APN: 49-10-21-117-273.000-102