NOT LISTED FOR SALE

1060 E Mills Ave Indianapolis, IN 46227

North Perry Neighborhood

Estimated Value: $285,000 - $310,000

2 Beds
1 Bath
1,836 Sq Ft
$162/Sq Ft Est. Value

Last Sold April 09, 2013

Last sale price $110,000 $60 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $1,821/month

65 Days on Market

About This Home

As of April 2013

Here is a great opportunity for an investors or a home owner that wants to live with virtually little or no housing expenses. Rent one side live in the other. One side has two bedrooms one bath and the other is a great one bedroom one bath. Both have a large private basement with laundry room. All appliances stay. Two car garage with an attached greenhouse and a private entrance to both sides from garage to house. Large corner lot,walking distance to University of Indianapolis campus.

Last Agent to Sell the Property

Susan Shultz

Highgarden Real Estate Listed on: 12/11/2012

Last Buyer's Agent

Susan Shultz

Dropped Members License #RB14052109

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 0.5

Home Design

  • Duplex
  • Brick Exterior Construction

Additional Features

  • Washer and Dryer Hookup
  • 0.5 Acre Lot

Community Details

  • Elders Marion Heights Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for taxes
  • Tax Lot 50
  • Assessor Parcel Number 491136101001069501

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2006
  • Year Built: 1948
  • Lot Size Acres: 0.5
  • Structure Type: Duplex
  • Subdivision Name: Elders Marion Heights
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: mazie7218@comcast.net
  • Special Features: None

Interior Features

  • Owner Pays: Taxes
  • SqFt Total: 0

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: 2 Car Garage

Utilities

  • Utilities: Gas, Sewer Connected
  • Laundry Features: Connections All
  • Solid Waste: No

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 100
  • Parcel Number: 491136101001069501
  • Acres: 1/2-1 Acre

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Lot: 50
  • Semi Annual Property Tax Amt: 0
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2012
Closed on
Apr 9, 2013
Sold by
Barnhart Scott L
Bought by
Schaler Lisa L and Schaler Christopher L
Seller's Agent
Susan Shultz
Highgarden Real Estate
Buyer's Agent
Susan Shultz
Highgarden Real Estate
List Price
$123,000
Sold Price
$110,000
Premium/Discount to List
-$13,000
-10.57%
Current Estimated Value
$297,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,500
Avg. Annual Appreciation
8.08%
Original Mortgage
$82,500
Outstanding Balance
$57,401
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$240,099

Purchase Details

Listed on
Dec 11, 2012
Closed on
Apr 5, 2013
Sold by
Barnhart Scott L
Bought by
Schaler Christopher L and Schaler Lisa L
Seller's Agent
Susan Shultz
Highgarden Real Estate
Buyer's Agent
Susan Shultz
Highgarden Real Estate
List Price
$123,000
Sold Price
$110,000
Premium/Discount to List
-$13,000
-10.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Outstanding Balance
$57,401
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$240,099

Purchase Details

Closed on
Feb 23, 2007
Sold by
Berry Mary Anne
Bought by
Barnhart Scott L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
6.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schaler Lisa L $110,000 --
Schaler Christopher L -- --
Barnhart Scott L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaler Christopher L $82,500
Previous Owner Barnhart Scott L $86,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2013 04/09/13 Sold $110,000 -10.6% $60 / Sq Ft
02/15/2013 02/15/13 Pending -- -- --
12/11/2012 12/11/12 For Sale $123,000 -- $67 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $3,302 $207,500 $27,300 $180,200
2023 $3,225 $198,400 $27,300 $171,100
2022 $3,137 $187,700 $27,300 $160,400
2021 $2,566 $159,200 $27,300 $131,900
2020 $2,263 $144,800 $27,300 $117,500
2019 $1,988 $124,500 $12,200 $112,300
2018 $1,960 $121,200 $12,200 $109,000
2017 $1,932 $134,000 $12,200 $121,800
2016 $2,001 $142,300 $12,200 $130,100
2014 $1,913 $137,500 $12,200 $125,300
2013 $2,344 $169,500 $12,200 $157,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Susan Shultz

    Highgarden Real Estate

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21207878

MIBOR Broker Listing Cooperative®

APN: 49-11-36-101-001.069-501

Indiana Marion County Indianapolis 46227 North Perry

1060 E Mills Ave, Indianapolis, IN

Not Listed for Sale

MultiFamily

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