NOT LISTED FOR SALE

106 E Pendleton Ave Lapel, IN 46051

Estimated Value: $167,000 - $203,000

4 Beds
2 Baths
1,329 Sq Ft
$140/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $180,000 $135 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,092/month

55 Days on Market

About This Home

As of September 2024

Build your portfolio with this high demand rental area duplex. Or live upstairs and let the other unit's rent help cover your mortgage! Lower (larger) unit currently rents for $1,100 a month, upper unit was rented for $600 a month and could be increased now. Tenant moved from upper unit to lower unit once it was renovated. Spacious lower unit is 3 bedrooms and 2 full bathrooms. New flooring, paint, cabinets, bath finishings, and more- fully refurbished June 2024! Upper unit (2 beds 1 bath) can still be updated to increase rent. Lower unit is currently leased through July 2025. Showings available on upper unit until offer is accepted. Listing photos are all of lower unit. Owner currently pays utility bills and agreement in place is that the lower unit reimburses for 2/3 of the cost, and 1/3 for upper unit for City of Lapel bill (ranges from $120 in summer to $300 in winter.) Duke bill can be separated by unit if desired, (metered separately) & runs less than $100 per month.

Last Agent to Sell the Property

Emily Huskey

Keller Williams Indy Metro S Brokerage Email: emilyhuskey@kw.com License #RB17000722 Listed on: 06/27/2024

Keller Williams Indy Metro S

Last Buyer's Agent

Robert Gomez

Carpenter, REALTORS®

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,744

Year Built

  • Built in 1950

Lot Details

  • 7,810 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Fire and Smoke Detector

Community Details

  • Woodwards Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 481028401091000032
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,744

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1950
  • Lot Size Acres: 0.18
  • Structure Type: Duplex
  • Subdivision Name: Woodwards
  • Transaction Type: Sale
  • Website: www.indy.kw.com
  • Conversion: No
  • MBR_AttributionContact: emilyhuskey@kw.com
  • Multi Rooms: 10
  • Attribution Contact: emilyhuskey@kw.com
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: Two
  • Possible Use: Residential
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Block, Wood
  • Foundation Details: Slab, Crawl Space
  • Road Access: Frontage Road

Garage/Parking

  • Unit Parking: Unpaved

Utilities

  • Laundry Features: Connections Some
  • Security Features: Smoke Alarm
  • Solid Waste: No

Lot Info

  • Lot Features: Corner Lot
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 7810
  • Parcel Number: 481028401091000032
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1744
  • Tax Lot: 3
  • Semi Annual Property Tax Amt: 872

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2024
Closed on
Sep 27, 2024
Sold by
Burns Brennan C
Bought by
Riester Joseph
Seller's Agent
Emily Huskey
Keller Williams Indy Metro S
Buyer's Agent
Robert Gomez
Carpenter, REALTORS®
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%
Views
86
Current Estimated Value
$177,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,149
Avg. Annual Appreciation
2.86%
Original Mortgage
$170,905
Outstanding Balance
$168,647
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$17,446

Purchase Details

Listed on
Dec 8, 2021
Closed on
Jan 14, 2022
Sold by
Dale Lane Danny
Bought by
Bums Brennan C
Seller's Agent
Jeff Weightman
Weightman Realty Group, LLC
Buyer's Agent
Emily Huskey
Keller Williams Indy Metro W
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.14%
Original Mortgage
$90,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2016
Sold by
Johnson
Bought by
Lane Juanita and Lane Juanita
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Buyer Sale Price Title Company
Riester Joseph $179,900 Tandem Title Agency Llc
Bums Brennan C $120,000 Chicago Title
Lane Juanita $2,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riester Joseph $170,905
Previous Owner Bums Brennan C $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2024 09/30/24 Sold $180,000 -10.0% $135 / Sq Ft
08/23/2024 08/23/24 Pending -- -- --
08/05/2024 08/05/24 For Sale $200,000 0.0% $150 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
07/17/2024 07/17/24 Price Changed $200,000 -9.1% $150 / Sq Ft
06/28/2024 06/28/24 For Sale $220,000 +83.3% $166 / Sq Ft
01/14/2022 01/14/22 Sold $120,000 -3.9% $90 / Sq Ft View Prior Sale
12/16/2021 12/16/21 Pending -- -- --
12/12/2021 12/12/21 For Sale -- -- --
12/10/2021 12/10/21 Pending -- -- --
12/08/2021 12/08/21 For Sale $124,900 -- $94 / 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
2025 $1,906 $95,300 $12,500 $82,800
2024 $1,906 $95,300 $12,500 $82,800
2023 $1,744 $87,200 $11,900 $75,300
2022 $528 $26,400 $11,300 $15,100
2021 $502 $25,100 $11,300 $13,800
2020 $532 $26,600 $10,800 $15,800
2019 $522 $26,100 $10,800 $15,300
2018 $765 $24,700 $10,800 $13,900
2017 $492 $24,600 $10,800 $13,800
2016 $492 $24,600 $10,800 $13,800
2014 $512 $25,600 $10,800 $14,800
2013 $512 $25,600 $10,800 $14,800
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21987435

MIBOR Broker Listing Cooperative®

APN: 48-10-28-401-091.000-032