NOT LISTED FOR SALE

1051 E Ohio St Indianapolis, IN 46202

Holy Cross Neighborhood

Estimated Value: $434,000 - $442,000

1 Bed
-- Bath
948 Sq Ft
$462/Sq Ft Est. Value

Last Sold July 27, 2020

Last sale price $339,900 $359 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,789/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Privacy Fence
  • 3-minute walk to Highland Park

About This Home

As of July 2020

Opportunities to purchase a fully renovated duplex in the Holy Cross area are rare. Live in one half and let the tenant pay for the mortgage or buy as another investment property to add to your portfolio. This duplex has a new roof, all new windows, new kitchens and baths, newer HVAC systems. Post-renovation, the units have not been occupied. Projected rental amounts of $1,400 per month. Each unit has a living room, dining room, completely new, fully applianced kitchens with granite counter tops, main floor laundry rooms and half bath. Upstairs features two generous-sized bedrooms and completely new bathrooms. Private patios for each unit. There is also a two car garage! Walk-able to all that downtown has to offer!

Last Agent to Sell the Property

Rob Measel

F.C. Tucker Company License #RB14022044 Listed on: 06/17/2020

F.C. Tucker Company

Last Buyer's Agent

Robert Lather

CENTURY 21 Scheetz

CENTURY 21 Scheetz

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,266

Year Built

  • Built in 1890

Lot Details

  • 2,875 Sq Ft Lot
  • Privacy Fence

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Brick Foundation

Interior Spaces

  • 2-Story Property
  • Basement

Community Details

  • Dickson Place Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 491006180003000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,266

Year Built

Built in 1890

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1890
  • Lot Size Acres: 0.066
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: DICKSON PLACE
  • Inspection Warranties: Not Applicable
  • Property Description: Opportunities to purchase a fully renovated duplex in the Holy Cross area are rare. Live in one half and let the tenant pay for the mortgage or buy as another investment property to add to your portfolio. This duplex has a new roof, all new windows, new kitchens and baths, newer HVAC systems. Post-renovation, the units have not been occupied. Projected rental amounts of $1,400 per month. Each unit has a living room, dining room, completely new, fully applianced kitchens with granite counter tops, main floor laundry rooms and half bath. Upstairs features two generous-sized bedrooms and completely new bathrooms. Private patios for each unit. There is also a two car garage! Walk-able to all that downtown has to offer!
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: Sewer, Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 1620
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Exterior Features: Fence Privacy
  • Foundation Details: Brick, Partial
  • Road Access: CityStreet
  • Interstate: Ramp<1Mi

Garage/Parking

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

Utilities

  • Solid Waste: 0
  • HVAC: Separate units.

Lot Info

  • Parcel Number: 491006180003000101
  • Acres: <1/4 Acre
  • Lot Information: Access Street,Corner,Sidewalks,Street Lights
  • Lot Number: 17
  • Lot Size: 2,875

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Annual Amount: 2266
  • Semi Annual Property Tax Amt: 1133
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2020
Closed on
Jul 27, 2020
Sold by
Henry Amalgamated Llc
Bought by
Fernandez Fernando
Seller's Agent
Rob Measel
F.C. Tucker Company
Buyer's Agent
Robert Lather
CENTURY 21 Scheetz
List Price
$339,900
Sold Price
$339,900
Current Estimated Value
$438,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,100
Avg. Annual Appreciation
4.74%
Original Mortgage
$333,638
Outstanding Balance
$295,408
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$142,592

Purchase Details

Closed on
Jun 28, 2011
Sold by
Fadlevic Michael Thomas
Bought by
Henry Amalgamated Llc

Purchase Details

Closed on
Sep 1, 2010
Sold by
Williams Tracy L and Fadlevic Michael Thomas
Bought by
Fadlevic Michael Thomas
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Fernandez Fernando $339,900 First American Title Insurance
Henry Amalgamated Llc -- Chicago Title Smith Valley
Fadlevic Michael Thomas -- Multiple
Fadlevic Michael Thomas -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Fernando $333,638
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2020 07/27/20 Sold $339,900 0.0% $359 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $339,900 -- $359 / 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 $6,269 $360,300 $37,800 $322,500
2023 $6,269 $363,700 $37,800 $325,900
2022 $5,766 $332,500 $37,800 $294,700
2021 $4,814 $288,100 $37,800 $250,300
2020 $1,129 $103,500 $18,700 $84,800
2019 $2,379 $96,000 $18,700 $77,300
2018 $2,294 $91,000 $18,700 $72,300
2017 $1,965 $86,700 $18,700 $68,000
2016 $1,846 $83,000 $18,700 $64,300
2014 $1,710 $79,100 $18,700 $60,400
2013 $1,768 $79,100 $18,700 $60,400
Source: Public Records

Agents Affiliated with this Home

  • Rob Measel

    Seller's Agent in 2020

    Rob Measel

    F.C. Tucker Company

    (812) 208-0498

    7 in this area

    230 Total Sales

    Rob Measel
    Section Image

  • R

    Buyer's Agent in 2020

    Robert Lather

    CENTURY 21 Scheetz

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21719297

MIBOR Broker Listing Cooperative®

APN: 49-10-06-180-003.000-101

Indiana Marion County Indianapolis 46202 Holy Cross

1051 E Ohio St, Indianapolis, IN

Not Listed for Sale

MultiFamily

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