NOT LISTED FOR SALE

Estimated Value: $124,000 - $166,953

1 Bed
-- Bath
639 Sq Ft
$222/Sq Ft Est. Value

Last Sold January 18, 2019

Last sale price $70,000 $110 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,038/month

1 Day on Market

About This Home

As of January 2019

Beautifully maintained all brick ranch/duplex. Great investment opportunity with many updates in past 10 years, roof, HVAC, windows, water heater, some updated floors, newly remodeled bath in the 1015 unit. Enclosed patio area. This 1 bedroom duplex is clean and move in ready with a 2 individual garage bays. Close to shopping and bus line.

Last Agent to Sell the Property

Jackie Lovell

New Quantum Realty Group License #RB14026114 Listed on: 12/31/2018

Co-Listed By

Ruth Teskey

New Quantum Realty Group License #RB14026196

Last Buyer's Agent

Michael Lough

Lough Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $816

Year Built

  • Built in 1925

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation

Additional Features

  • Basement

Community Details

  • Emerleigh Subdivision

Listing and Financial Details

  • Tenant pays for electricity gas
  • The owner pays for sewer water
  • Assessor Parcel Number 490733179052000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$816

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1925
  • Co List Office Phone: 317-602-3550
  • Lot Size Acres: 0.11
  • Road Surface Type: Concrete
  • Subdivision Name: EMERLEIGH
  • Inspection Warranties: Other
  • Property Description: Beautifully maintained all brick ranch/duplex. Great investment opportunity with many updates in past 10 years, roof, HVAC, windows, water heater, some updated floors, newly remodeled bath in the 1015 unit. Enclosed patio area. This 1 bedroom duplex is clean and move in ready with a 2 individual garage bays. Close to shopping and bus line.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: One,Basement
  • Owner Pays: Sewer,Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 639
  • Laundry: ConnSome

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 69900

Garage/Parking

  • Garage Spaces: 2
  • Unit Parking: 1 Car Garage

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: Yes
  • Current Use: Residential
  • Parcel Number: 490733179052000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Busline,Curbs,Sidewalks
  • Lot Number: 29
  • Lot Size: 40X122

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity,Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 816
  • Semi Annual Property Tax Amt: 408
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2019
Sold by
Lough Michael A
Bought by
Lough Michael A and Michael A Lough Revocable Trust
Current Estimated Value
$141,984

Purchase Details

Listed on
Dec 31, 2018
Closed on
Jan 18, 2019
Sold by
Auch Matthew and Auch Tina
Bought by
Lough Michael A
Seller's Agent
Jackie Lovell
New Quantum Realty Group
Buyer's Agent
Michael Lough
Lough Realty
List Price
$69,900
Sold Price
$70,000
Premium/Discount to List
$100
0.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.10%

Purchase Details

Closed on
May 3, 2013
Sold by
Auch Elizabeth M
Bought by
Auch Holding Co Llc
Source: Public Records

Range of Values:

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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
Lough Michael A -- None Available
Lough Michael A $70,000 Stewart Title
Auch Matthew $70,000 Stewart Title
Auch Holding Co Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michael A Lough Revocable Living Trust $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2019 01/18/19 Sold $70,000 +0.1% $110 / Sq Ft
01/02/2019 01/02/19 Pending -- -- --
12/31/2018 12/31/18 For Sale $69,900 -- $109 / 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 $3,115 $141,500 $21,600 $119,900
2023 $3,115 $125,500 $21,600 $103,900
2022 $3,000 $121,300 $21,600 $99,700
2021 $2,913 $120,500 $21,600 $98,900
2020 $1,787 $71,500 $12,100 $59,400
2019 $1,583 $61,600 $12,100 $49,500
2018 $1,270 $48,000 $12,100 $35,900
2017 $939 $38,400 $12,100 $26,300
2016 $855 $35,300 $12,100 $23,200
2014 $781 $36,100 $12,100 $24,000
2013 $1,764 $75,600 $12,100 $63,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21612662

MIBOR Broker Listing Cooperative®

APN: 49-07-33-179-052.000-101