NOT LISTED FOR SALE

Estimated Value: $116,000 - $141,362

2 Beds
-- Bath
728 Sq Ft
$175/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $91,000 $125 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $851/month

18 Days on Market

About This Home

As of April 2021

Wonderful income producing duplex ready for its next owner! This property features two identical units that have both been remodeled in the last year. All pictures are from before tenants have moved in. The property is currently tenant occupied so please allow 48 hours for showings.

Last Agent to Sell the Property

Evan Wilbrandt

Wilmoth Group License #RB20001555 Listed on: 01/29/2021

Last Buyer's Agent

Anthony Povinelli

CityPlace Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,218

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • Slab Foundation

Community Details

  • Armstrong Park Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for taxes no utilities
  • Assessor Parcel Number 490622114592000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,218

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1920
  • Lot Size Acres: 0.13
  • Subdivision Name: ARMSTRONG PARK
  • Inspection Warranties: Not Applicable
  • Property Description: Wonderful income producing duplex ready for its next owner! This property features two identical units that have both been remodeled in the last year. All pictures are from before tenants have moved in. The property is currently tenant occupied so please allow 48 hours for showings.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Owner Pays: Taxes,No Utilities
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections Some

Exterior Features

  • Construction Materials: Block,Wood
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • List Price: 90000

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490622114592000101
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks
  • Lot Number: 339
  • Lot Size: 35 x 170

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1218
  • Semi Annual Property Tax Amt: 609
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
May 20, 2021
Sold by
Nguyen John Ace and Secreto Rosalie Ace
Bought by
Triple J & R Homes Indiana Llc
Seller's Agent
Evan Wilbrandt
Wilmoth Group
Buyer's Agent
Anthony Povinelli
CityPlace Realty
List Price
$90,000
Sold Price
$91,000
Premium/Discount to List
$1,000
1.11%
Current Estimated Value
$127,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,454
Avg. Annual Appreciation
7.76%
Original Mortgage
$68,250
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 29, 2021
Closed on
May 14, 2021
Sold by
Nguyen John and Secreto Rosalie
Bought by
Triple J & R Homes Indiana Llc
Seller's Agent
Evan Wilbrandt
Wilmoth Group
Buyer's Agent
Anthony Povinelli
CityPlace Realty
List Price
$90,000
Sold Price
$91,000
Premium/Discount to List
$1,000
1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,250
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 29, 2021
Closed on
Mar 30, 2021
Sold by
1150 Eugene St Llc
Bought by
Nguyen John and Secreto Rosalle
Seller's Agent
Evan Wilbrandt
Wilmoth Group
Buyer's Agent
Anthony Povinelli
CityPlace Realty
List Price
$90,000
Sold Price
$91,000
Premium/Discount to List
$1,000
1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,250
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 29, 2021
Closed on
Mar 29, 2021
Sold by
1150 Eugene St Llc
Bought by
Nguyen John and Secreto Rosalie
Seller's Agent
Evan Wilbrandt
Wilmoth Group
Buyer's Agent
Anthony Povinelli
CityPlace Realty
List Price
$90,000
Sold Price
$91,000
Premium/Discount to List
$1,000
1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,250
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2018
Sold by
Parker Craig
Bought by
1150 Eugene St Llc

Purchase Details

Closed on
Feb 6, 2018
Sold by
1150 Eugene St Llc
Bought by
Parker Craig

Purchase Details

Closed on
May 10, 2017

Purchase Details

Closed on
Apr 28, 2017

Purchase Details

Closed on
Apr 14, 2017
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
Triple J & R Homes Indiana Llc -- None Available
Triple J & R Homes Indiana Llc -- None Listed On Document
Nguyen John $91,000 None Available
Nguyen John -- None Listed On Document
1150 Eugene St Llc -- None Available
Parker Craig -- --
-- $55,500 --
1150 Eugene St Llc $55,500 Paramount Title Agency
-- $24,000 --
Oceanpointe Holdings Llc $24,000 Paramount Title Agency
-- $15,500 --
Simple Quarters Llc $15,500 Paramount Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nguyen John $68,250
Previous Owner Nguyen John $68,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $91,000 +1.1% $125 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
02/15/2021 02/15/21 For Sale $90,000 0.0% $124 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $90,000 0.0% $124 / Sq Ft
01/29/2021 01/29/21 Rented $645 0.0% --
01/12/2021 01/12/21 Price Changed $645 -4.4% $1 / Sq Ft
12/11/2020 12/11/20 For Rent $675 -- --
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 $2,103 $83,600 $15,200 $68,400
2023 $2,103 $83,600 $15,200 $68,400
2022 $2,021 $83,600 $15,200 $68,400
2021 $1,394 $55,400 $3,300 $52,100
2020 $1,360 $53,800 $3,300 $50,500
2019 $1,331 $51,600 $3,300 $48,300
2018 $1,340 $51,600 $3,300 $48,300
2017 $1,139 $48,500 $3,300 $45,200
2016 $1,231 $54,100 $3,300 $50,800
2014 $1,092 $50,500 $3,300 $47,200
2013 $1,145 $50,500 $3,300 $47,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21763768

MIBOR Broker Listing Cooperative®

APN: 49-06-22-114-592.000-101