NOT LISTED FOR SALE

Estimated Value: $259,000

2 Beds
1 Bath
-- Sq Ft
0.26 Acres

Last Sold April 04, 2022

Last sale price $295,000

Est. 12% decrease in value since last sale

Current estimated payment $1,671/month

1 Day on Market

About This Home

As of April 2022

Great investment opportunity in Carmel Indiana! This duplex is easy to rent and maintain. Live in one side and rent the other or rent both sides. Brand new roof in 2021. The North side unit is leased with a happy long-term tenant and has a fresh one year lease. The other side should lease for around $1100/month. Both sides have laundry rooms and ample driveway space for personal vehicles and visitors. Large patio space off each kitchen and shared outside storage barn between the units. 10640 has new vinyl plank flooring, fresh paint, newly updated bathroom, oven/range, washer and dryer. 10642(currently leased) has new bathtub and shower surround. Washer/Dryer in 10642 is owned by tenant. Great location for investment growth.

Last Agent to Sell the Property

James Lamson

F.C. Tucker Company Listed on: 03/10/2022

F.C. Tucker Company

Last Buyer's Agent

Angela Brackin

Home Finders Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,478

Year Built

  • Built in 1970

Lot Details

  • 0.26 Acre Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Community Details

  • Dixie Hi Way Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for inshazard, insurance, lawncare, taxes
  • Assessor Parcel Number 291302409011000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,478

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1970
  • Lot Size Acres: 0.26
  • Structure Type: Duplex
  • Subdivision Name: DIXIE HI-WAY
  • Inspection Warranties: Other
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: InsHazard, Insurance, Insurance, Lawncare, Taxes
  • Sq Ft Main Upper: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 250000
  • Roof: 2021 - 3 dimensional shingle

Garage/Parking

  • Unit Parking: Unpaved,Other

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 4000
  • Insurance Expenses: 1723

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 291302409011000003
  • Acres: 1/4-1/2 Acre
  • Lot Information: Access Street
  • Lot Number: 0
  • Lot Size: 0

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Net Operating Income: 20000
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2478
  • Semi Annual Property Tax Amt: 1239
  • Tax Exemption: None

MLS Schools

  • School District: Carmel Clay Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2004
Sold by
England Kaye F
Bought by
Fennewald Al
Current Estimated Value
$259,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
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
Fennewald Al -- Diamond Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fennewald Al $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2022 04/04/22 Sold $295,000 +18.0% --
03/11/2022 03/11/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $250,000 -- --
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
2021 $2,479 $122,600 $34,200 $88,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21838074

MIBOR Broker Listing Cooperative®

APN: 29-13-02-409-011.000-018