NOT LISTED FOR SALE

Estimated Value: $334,728 - $424,000

4 Beds
2 Baths
1,852 Sq Ft
$194/Sq Ft Est. Value

Last Sold April 13, 2016

Last sale price $197,500 $107 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,361/month

54 Days on Market

Highlights

  • 1-Story Property
  • Outdoor Storage
  • Partially Fenced Property
  • Forest Dale Elementary School Rated A

About This Home

As of April 2016

Well built, well maintained, ON THE Monon Trail! Brick Exterior, duplex. Each side has 2 bedrooms, 1 car attached garage, includes all appliances. Monthly income $1900+ per month. Fantastic investment with an easy to lease property.

Last Agent to Sell the Property

Danielle Robinson

F.C. Tucker Company License #RB14044643 Listed on: 02/02/2016

F.C. Tucker Company

Last Buyer's Agent

Randy Gerber

Premier Properties of IN, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,608

Year Built

  • Built in 1992

Lot Details

  • 0.37 Acre Lot
  • Partially Fenced Property

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Crawl Space

Outdoor Features

  • Outdoor Storage

Community Details

  • Little Farms Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance, lawncare, trash collection, all utilities
  • The owner pays for inshazard, insurance, taxes
  • Assessor Parcel Number 291312108005000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,608

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Doub-Duplx, TradAmer
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1992
  • Lot Size Acres: 0.37
  • Road Surface Type: Asphalt
  • Subdivision Name: LITTLE FARMS
  • Inspection Warranties: Not Applicable
  • Property Description: Well built, well maintained, ON THE Monon Trail! Brick Exterior, duplex. Each side has 2 bedrooms, 1 car attached garage, includes all appliances. Monthly income $1900+ per month. Fantastic investment with an easy to lease property.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: InsHazard, Insurance, Insurance, Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 1852
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fence Partial, Storage
  • Foundation Details: Crawl Space
  • List Price: 199900
  • Road Access: CityStreet

Garage/Parking

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

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 5336
  • Insurance Expenses: 908
  • Insurance Expenses S F: 0.4900

Lot Info

  • Parcel Number: 291312108005000003
  • Acres: 1/4-1/2 Acre
  • Lot Information: On Trail,Tree Mature,Trees Small,Wooded
  • Lot Number: 0
  • Lot Size: 16,117

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Lawncare, Trash Collection, All Utilities

Multi Family

  • Net Operating Income: 18184
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2608
  • Semi Annual Property Tax Amt: 1304
  • Tax Exemption: None

MLS Schools

  • School District: Carmel Clay Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2018
Sold by
Pattee Alex and Pattee Jill
Bought by
Pattee Real Estate Llc
Current Estimated Value
$359,932

Purchase Details

Listed on
Feb 2, 2016
Closed on
Apr 13, 2016
Sold by
Robinson Patrick Alexander and Robinson Mary Ellen
Bought by
Pattee Alex and Pattee Jill
Seller's Agent
Danielle Robinson
F.C. Tucker Company
Buyer's Agent
Randy Gerber
Premier Properties of IN, Inc.
List Price
$199,900
Sold Price
$197,500
Premium/Discount to List
-$2,400
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$148,125
Outstanding Balance
$67,217
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$296,515

Purchase Details

Closed on
Apr 14, 2005
Sold by
Robinson P A and Robinson Mary E
Bought by
Robinson Patrick Alexander and Robinson Mary Ellen
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
Pattee Real Estate Llc -- None Available
Pattee Alex -- None Available
Robinson Patrick Alexander -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pattee Alex $148,125
Previous Owner Robinson Patrick Alexander $660,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2016 04/13/16 Sold $197,500 0.0% $107 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
02/09/2016 02/09/16 Off Market $197,500 -- --
02/02/2016 02/02/16 For Sale $199,900 -- $108 / 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 $4,685 $237,100 $72,200 $164,900
2023 $4,720 $246,100 $72,200 $173,900
2022 $4,310 $276,500 $34,600 $241,900
2021 $4,310 $206,300 $34,600 $171,700
2020 $4,013 $191,900 $34,600 $157,300
2019 $3,976 $191,800 $30,500 $161,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21396816

MIBOR Broker Listing Cooperative®

APN: 29-13-12-108-005.000-018