$292,000
SOLD APR 1, 2020
-- Bed
-- Bath
-- Sq Ft
5,227 Sq Ft Lot

Recently Sold

1% Above List Price

1 Day on Market

About This Home

As of November 2020

Right on the Monon Trail and close to everything, this home is still tucked away in a quiet neighborhood. This property comprises 2 parcels that are condos, to be bought for one price! This property is currently tenant occupied and possession is subject to the leases.

Last Agent to Sell the Property

Stephan Kline

Kline Properties, Inc. License #RB14026603 Listed on: 02/18/2020

Last Buyer's Agent

Jim Trueblood

Trueblood Real Estate

Trueblood Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,680

Year Built

  • Built in 2006

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Construction Material

Community Details

  • Little Farms Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for inshazard insurance taxes
  • Assessor Parcel Number 1713120117002000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,680

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 2006
  • Lot Size Acres: 0.12
  • Road Surface Type: Asphalt
  • Subdivision Name: LITTLE FARMS
  • Inspection Warranties: General
  • Property Description: Right on the Monon Trail and close to everything, this home is still tucked away in a quiet neighborhood. This property comprises 2 parcels that are condos, to be bought for one price! This property is currently tenant occupied and possession is subject to the leases.
  • Transaction Type: Sale
  • Unit Count: 1
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Owner Pays: InsHazard,Insurance,Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Corporate Owned
  • Foundation Details: Block
  • List Price: 289900
  • Road Access: CityStreet

Garage/Parking

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

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 8262
  • Insurance Expenses: 750

Lot Info

  • Property Attached Yn: No
  • Current Use: Residential
  • Parcel Number: 1713120117002000
  • Zoning: condo
  • Acres: <1/4 Acre
  • Lot Information: Access Street,See Remarks
  • Lot Number: 46A, 46B
  • Lot Size: 5227

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Net Operating Income: 16522
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3680
  • Semi Annual Property Tax Amt: 1840
  • Tax Exemption: None
  • Multiple Tax I D: 1713120117003000

MLS Schools

  • School District: Carmel Clay Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2020
Closed on
Oct 30, 2020
Sold by
Robinson Matthew and Usmani Omar
Bought by
Kane Matthew
Seller's Agent
Shelly Walters
F.C. Tucker Company
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$335,000
Sold Price
$335,000
Current Estimated Value
$417,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,259
Avg. Annual Appreciation
4.63%
Original Mortgage
$323,819
Outstanding Balance
$291,421
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$123,849

Purchase Details

Listed on
Feb 18, 2020
Closed on
Apr 3, 2020
Sold by
Lp1 Indy Llc
Bought by
Robinson Matthew and Usmani Omar
Seller's Agent
Stephan Kline
Kline Properties, Inc.
Buyer's Agent
Jim Trueblood
Trueblood Real Estate
List Price
$289,900
Sold Price
$292,000
Premium/Discount to List
$2,100
0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.22%
Original Mortgage
$219,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2008
Sold by
Ver Lea M
Bought by
Lp1 Indy Llc

Purchase Details

Closed on
Aug 17, 2007
Sold by
First Contact Llc
Bought by
Ver Lea M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
7%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 30, 2005
Sold by
R G Thomas Consulting Inc
Bought by
First Contact Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,530
Interest Rate
5.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 16, 2005
Sold by
Lazzara Thomas J
Bought by
R G Thomas Consulting Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,368
Interest Rate
6.01%
Mortgage Type
Unknown
Source: Public Records

Similar Homes in Indianapolis, IN

  • 6037 Dickson Rd, Indianapolis, IN 46226

    $369,900

    • 8 Beds
    • 4 Baths
    • 6037 Dickson Rd
    • Indianapolis, IN

    Calling all Investors!!! This well-maintained multi-family property features four spacious units, each offering 2 bedrooms and 1 bathroom. All units are currently rented, generating a steady monthly. Each tenant enjoys the convenience of private parking Whether you're looking to expand your investment portfolio or secure a reliable income stream, this property is a fantastic opportunity. Don't

    Jessica Green CityPlace Realty

    Section Image
  • 321 E 31st St, Indianapolis, IN 46205

    $330,000

    • 6 Beds
    • 321 E 31st St
    • Indianapolis, IN

    Located in the Mapleton Neighborhood! Welcome to your dream duplex! This beautifully maintained turnkey Duplex property is the perfect property for an investment. From the moment you walk in, you'll be impressed by the thoughtful design, fresh finishes, and immaculate condition-there's nothing to do but move in and start living!

    Timothy O'Connor Berkshire Hathaway Home

    Section Image
  • 2702 Highland Place, Indianapolis, IN 46208

    $250,000

    • 6 Beds
    • 2 Baths
    • 2702 Highland Place
    • Indianapolis, IN

    Excellent opportunity to add a cash-flowing duplex to your investment portfolio. This updated property features two spacious units, each with recent improvements and appliances included. Unit 1 offers 3 bedrooms and 2 full bathrooms with modern updates throughout. It boasts a functional layout, fresh finishes, and a fully equipped kitchen. Unit 2 includes 3 bedrooms and 1.5 bathrooms, also

    Lindsay Adams Pillario Property Management LLC

    Section Image
  • 2527 E 10th St, Indianapolis, IN 46201

    $317,000

    • 4 Beds
    • 4 Baths
    • 2527 E 10th St
    • Indianapolis, IN

    It's time to take advantage of this excellent invest and hold property! The location is perfect for enjoying nearby restaurants, shopping, and cultural activities. It's just 1.5 miles to Bottleworks, 1 mile to the Factory Arts District, and under a mile to Kan Kan. This area is experiencing growth, and the pricing is still in the early stages, all while tenants cover your mortgage. The duplex is

    Debra Wilson Keller Williams Indpls Metro N

    Section Image
  • 552 Jefferson Ave, Indianapolis, IN 46201

    $287,500

    • 4 Beds
    • 3 Baths
    • 552 Jefferson Ave
    • Indianapolis, IN

    Turnkey Duplex Near Downtown Indianapolis - Newly Remodeled & Fully Occupied Excellent investment opportunity just minutes from downtown Indianapolis! This fully remodeled duplex offers modern updates and strong rental income. Renovated in 2019, the property features a brand-new roof, updated mechanicals, and stylish interior finishes throughout both units. Unit 1: Spacious 3 bedrooms, 2

    Jessica Green CityPlace Realty

    Section Image
  • 10 N Keystone Ave, Indianapolis, IN 46201

    $339,000

    • 8 Beds
    • 4 Baths
    • 10 N Keystone Ave
    • Indianapolis, IN

    Calling all investors or house hackers. Welcome to this spacious and modern duplex features two units, each offering 4 bedrooms and 2 bathrooms within an open floor plan. Recent renovations showcase contemporary bathrooms and kitchens adorned with granite countertops. Each unit is equipped with laundry connections for added convenience. Tenants are responsible for all utilities, as the property

    Jessica Green CityPlace Realty

    Section Image
  • 4843 Caroline Ave, Indianapolis, IN 46205

    $235,000

    • 2 Beds
    • 2 Baths
    • 4843 Caroline Ave
    • Indianapolis, IN

    This Broad Ripple duplex could be a great opportunity for investors or owner-occupants looking to live in one unit and rent out the other! Total annual rent income is $26,268, and both tenants stay current on their rent. Each side features a 1-bedroom, 1-bathroom layout with cozy and fresh living spaces, plus each unit has a private backyard and their own bay in a 2-car garage. Updates on each

    Elizabeth Ewbank Highgarden Real Estate

    Section Image
  • 4409 N College Ave, Indianapolis, IN 46205

    $349,000

    • 6 Beds
    • 2 Baths
    • 4409 N College Ave
    • Indianapolis, IN

    Wonderful duplex in the center of South Broad Ripple! Each side features 3 bedrooms and 1.5 bathrooms, with quality finishes and fixtures throughout. Ideally located with convenient access to Broad Ripple, downtown Indianapolis, and Butler University. Enjoy the outdoor backyard space on each side of the duplex with a privacy fence. Live in one unit and let the other help cover your expenses or

    Daniel Fisher @properties

    Section Image
  • 4305 Crittenden Ave, Indianapolis, IN 46205

    $230,000

    • 4 Beds
    • 2 Baths
    • 4305 Crittenden Ave
    • Indianapolis, IN

    Here's your opportunity to expand your portfolio with this remarkable duplex located in the highly sought-after SoBro neighborhood! The area is bustling with investment, making this a prime time to secure a property in this thriving community. The duplex is currently generating income with one tenant on a month-to-month lease, and one tenant on a two year lease paying $1,900/month, with potential

    Andy Tresize Compass Indiana, LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Corporate Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $323,819 New Conventional
Closed $219,000 New Conventional
Previous Owner $114,000 Negative Amortization
Previous Owner $14,235 Unknown
Previous Owner $126,530 Unknown
Previous Owner $499,368 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2020 11/03/20 Sold $335,000 0.0% --
11/03/2020 11/03/20 Pending -- -- --
11/02/2020 11/02/20 For Sale $335,000 +14.7% --
04/01/2020 04/01/20 Sold $292,000 +0.7% --
02/20/2020 02/20/20 Pending -- -- --
02/18/2020 02/18/20 For Sale $289,900 -- --
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 $11,171 $274,000 $97,400 $176,600
2023 $11,206 $276,100 $97,400 $178,700
2022 $1,351 $189,700 $40,000 $149,700
2021 $1,351 $147,300 $40,000 $107,300
2020 $929 $116,000 $40,000 $76,000
2019 $2,620 $112,700 $40,000 $72,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21695654

MIBOR Broker Listing Cooperative®

APN: 29-13-12-117-002.000-018