NOT LISTED FOR SALE

Estimated Value: $111,000 - $183,000

3 Beds
2 Baths
758 Sq Ft
$213/Sq Ft Est. Value

Last Sold April 17, 2014

Last sale price $62,000 $82 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $1,066/month

181 Days on Market

About This Home

As of April 2014

Investment Opportunity! 2-1BR units-ready now. Historic building can be used for a business also. This building has been updated with electrical, new baths, new kitchens, refinished hardwoods upstairs, new roof 2009, and replacement windows. Very clean and well maintained. What a great investment with low maintenance on this brick building. Waling distance to Veterans Park & grocery.

Last Listed By

Tina Floyd-Snodgrass

Keller Williams Indpls Metro N Listed on: 09/17/2013

Keller Williams Indpls Metro N

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,110

Year Built

  • Built in 1910

Lot Details

  • 784

Parking

  • Alley Access

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 758 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Community Details

  • Higbee Subdivision
  • No Laundry Facilities

Listing and Financial Details

  • Tenant pays for electricity, gas, insurance
  • The owner pays for insurance, taxes, sewer, water
  • Legal Lot and Block 2 / 2
  • Assessor Parcel Number 290132306002000002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,110

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1910
  • Building Area Total: 1516
  • Structure Type: Duplex
  • Subdivision Name: Higbee
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: Yes
  • MBR_AttributionContact: goteamsnodgrass@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Levels: Two
  • Living Area: 758
  • Owner Pays: Insurance, Taxes, Sewer, Water
  • Upper Level Sq Ft: 758
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 1516

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • List Price: 69900

Garage/Parking

  • Parking Features: Alley Access
  • Unit Parking: On Street,1 Car Space

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Laundry Features: No Laundry Facil.
  • Security Features: Smoke Alarm
  • Solid Waste: No

Fee Information

  • Expenses: 4500

Lot Info

  • Lot Features: Access
  • Additional Parcels: No
  • Lot Size Sq Ft: 20
  • Parcel Number: 290132306002000002
  • Acres: <1/4 Acre

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance

Multi Family

  • Net Operating Income: 8700
  • Gross Income: 13200
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1110
  • Tax Block: 2
  • Tax Lot: 2
  • Semi Annual Property Tax Amt: 555
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2021
Sold by
Alexander Stephen C
Bought by
Daedalus Land Trust
Total Days on Market
181
Current Estimated Value
$161,393

Purchase Details

Listed on
Sep 17, 2013
Closed on
Apr 17, 2014
Sold by
Stewart Matthew S and Wise Stephenie R
Bought by
Alexander Stephen C
Seller's Agent
Tina Floyd-Snodgrass
Keller Williams Indpls Metro N
Buyer's Agent
Rita Taylor
F.C. Tucker Company
List Price
$89,900
Sold Price
$62,000
Premium/Discount to List
-$27,900
-31.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%
Original Mortgage
$46,500
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2008
Sold by
Stewart Matthew S
Bought by
Stewart Matthew S and Wise Stephanie R

Purchase Details

Closed on
Feb 4, 2008
Sold by
Giordano James E
Bought by
Slagle Roland W

Purchase Details

Closed on
Aug 8, 2007
Sold by
Giordano Realty Group Llc
Bought by
Giordano James E

Purchase Details

Closed on
Mar 2, 2007
Sold by
Slagle Roland W
Bought by
Giordano Realty Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,500
Interest Rate
6.31%
Mortgage Type
Seller Take Back

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
Daedalus Land Trust -- None Available
Alexander Stephen C -- None Available
Stewart Matthew S -- Mid America Title Co Inc
Stewart Matthew S -- Mid America Title Co Inc
Slagle Roland W -- None Available
Giordano James E -- None Available
Giordano Realty Group Llc -- Pinnacle Land Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alexander Stephen C $46,500
Previous Owner Giordano Realty Group Llc $53,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2014 04/17/14 Sold $62,000 -31.0% $82 / Sq Ft
03/18/2014 03/18/14 Pending -- -- --
09/17/2013 09/17/13 For Sale $89,900 -- $119 / 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 $2,061 $94,900 $5,900 $89,000
2023 $2,086 $91,600 $5,900 $85,700
2022 $1,898 $81,700 $5,900 $75,800
2021 $1,766 $75,800 $5,900 $69,900
2020 $1,714 $73,500 $5,900 $67,600
2019 $1,973 $85,000 $2,500 $82,500
2018 $1,826 $78,500 $2,500 $76,000
2017 $1,649 $70,600 $2,500 $68,100
2016 $1,606 $70,600 $2,500 $68,100
2014 $1,235 $56,400 $4,200 $52,200
2013 $1,235 $41,200 $4,200 $37,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21256144

MIBOR Broker Listing Cooperative®

APN: 29-01-32-306-002.000-002