$35,000
SOLD AUG 12, 2016

108 N Grant Ave Indianapolis, IN 46201

Near Eastside Neighborhood
-- Bed
-- Bath
1,144 Sq Ft
5,401 Sq Ft Lot

Recently Sold

$31 Per Sq Ft

22% Below List Price

101 Days on Market

About This Home

As of September 2017

Excellent Investment Opportunity! Great duplex with 3 bedrooms on each side is in great condition. Tenants will love the location convenient to everything, with a large covered front porch. Unit 108 is currently rented $461/mo, with lease end date 5/31/16, unit 110 is currently vacant.

Last Agent to Sell the Property

Charlene Gaard

No Limit Real Estate, LLC License #RB14033327 Listed on: 05/02/2016

Last Buyer's Agent

Ed Neu

Neu Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Home Design

  • Vinyl Siding

Additional Features

  • 2-Story Property
  • 5,401 Sq Ft Lot

Community Details

  • Tuxedo Park Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for insurance, taxes
  • Assessor Parcel Number 491004119111000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Doub-Duplx
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1910
  • Lot Size Acres: 0.124
  • Subdivision Name: TUXEDO PARK
  • Inspection Warranties: Not Applicable
  • Property Description: Excellent Investment Opportunity! Great duplex with 3 bedrooms on each side is in great condition. Tenants will love the location convenient to everything, with a large covered front porch. Unit 108 is currently rented $461/mo, with lease end date 5/31/16, unit 110 is currently vacant.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: Insurance, Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • List Price: 45000

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 491004119111000101
  • Acres: <1/4 Acre
  • Lot Information: Access Street,Sidewalks
  • Lot Number: 16
  • Lot Size: 5,401

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1416
  • Semi Annual Property Tax Amt: 708
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2019
Sold by
Berg Raymond J and Berg Laura E
Bought by
Indy Invest Llc
Current Estimated Value
$172,497

Purchase Details

Listed on
May 16, 2017
Closed on
Sep 19, 2017
Bought by
Berg Raymond J and Berg Laura E
Seller's Agent
CJ Jennings
eXp Realty LLC
Buyer's Agent
Phillip Tinsley
The Tinsley Team, LLC
List Price
$53,900
Sold Price
$43,000
Premium/Discount to List
-$10,900
-20.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.02%
Original Mortgage
$32,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2017
Closed on
Aug 18, 2017
Sold by
Shunra Holdings Llc
Bought by
Berg Raymond J and Berg Laura E
Seller's Agent
CJ Jennings
eXp Realty LLC
Buyer's Agent
Phillip Tinsley
The Tinsley Team, LLC
List Price
$53,900
Sold Price
$43,000
Premium/Discount to List
-$10,900
-20.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 2, 2016
Closed on
Aug 9, 2016
Sold by
Mseale Enterprise Llc
Bought by
Shunra Holdings Llc
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Ed Neu
Neu Real Estate Group
List Price
$45,000
Sold Price
$35,000
Premium/Discount to List
-$10,000
-22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.38%

Purchase Details

Closed on
Feb 14, 2013
Sold by
Arei Indy Llc
Bought by
Mseale Enterprise Llc

Purchase Details

Closed on
Jan 15, 2013
Sold by
Rental People Llc
Bought by
Arei Indy Llc

Purchase Details

Closed on
Nov 6, 2012
Sold by
Walls Ben
Bought by
Seale Deidre

Purchase Details

Listed on
Jun 4, 2012
Closed on
Jul 5, 2012
Sold by
Mcdonald Andrew K
Bought by
The Rental People Llc
Seller's Agent
Chris Price
Keller Williams Indy Metro W
Buyer's Agent
Mark Forcum
Envoy Real Estate, LLC
List Price
$16,000
Sold Price
$17,000
Premium/Discount to List
$1,000
6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.21%
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 Type Sale Price Title Company
Warranty Deed $50,000 Monument Title Insurance Compa
Deed $43,000 --
Warranty Deed -- --
Warranty Deed -- Mtc
Warranty Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $69,000 --
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $70,000 Commercial
Previous Owner $32,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2020 05/19/20 Rented $655 0.0% --
05/14/2020 05/14/20 Under Contract -- -- --
04/27/2020 04/27/20 Price Changed $655 -5.8% $1 / Sq Ft
04/10/2020 04/10/20 Price Changed $695 -6.7% $1 / Sq Ft
03/06/2020 03/06/20 For Rent $745 0.0% --
09/20/2017 09/20/17 Sold $43,000 -4.4% $38 / Sq Ft
07/28/2017 07/28/17 Pending -- -- --
07/21/2017 07/21/17 Price Changed $45,000 -16.5% $39 / Sq Ft
06/01/2017 06/01/17 For Sale $53,900 0.0% $47 / Sq Ft
05/19/2017 05/19/17 Pending -- -- --
05/16/2017 05/16/17 For Sale $53,900 +54.0% $47 / Sq Ft
08/12/2016 08/12/16 Sold $35,000 0.0% $31 / Sq Ft
06/12/2016 06/12/16 Off Market $35,000 -- --
05/02/2016 05/02/16 For Sale $45,000 +164.7% $39 / Sq Ft
07/06/2012 07/06/12 Sold $17,000 +6.3% $30 / Sq Ft
06/20/2012 06/20/12 Pending -- -- --
06/04/2012 06/04/12 For Sale $16,000 -- $28 / 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 $3,194 $136,800 $7,300 $129,500
2023 $3,194 $129,600 $7,300 $122,300
2022 $3,079 $125,400 $7,300 $118,100
2021 $2,124 $87,000 $7,300 $79,700
2020 $2,146 $87,700 $2,200 $85,500
2019 $2,136 $85,700 $2,200 $83,500
2018 $2,063 $81,900 $2,200 $79,700
2017 $1,717 $75,700 $2,200 $73,500
2016 $1,541 $69,000 $2,200 $66,800
2014 $1,416 $65,500 $2,200 $63,300
2013 $1,813 $68,300 $2,200 $66,100
Source: Public Records

Agents Affiliated with this Home

  • Maxwell Richter

    Seller's Agent in 2020

    Maxwell Richter

    Wilmoth Group

    (317) 842-3400

    46 in this area

    260 Total Sales

    Maxwell Richter
    Section Image

  • J

    Buyer's Agent in 2020

    Joel Wilmoth

    Wilmoth Group

    (317) 622-5023

    5 Total Sales

    Joel Wilmoth
    Section Image

  • C

    Seller's Agent in 2017

    CJ Jennings

    eXp Realty LLC

    Section Image

  • P

    Buyer's Agent in 2017

    Phillip Tinsley

    The Tinsley Team, LLC

    Section Image
  • Charlene Gaard

    Seller's Agent in 2016

    Charlene Gaard

    No Limit Real Estate, LLC

    (317) 440-2149

    47 in this area

    289 Total Sales

    Charlene Gaard
    Section Image

  • E

    Buyer's Agent in 2016

    Ed Neu

    Neu Real Estate Group

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21414375

MIBOR Broker Listing Cooperative®

APN: 49-10-04-119-111.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

108 N Grant Ave, Indianapolis, IN

This home is located at 108 N Grant Ave, Indianapolis, IN 46201 and is currently priced at $35,000, approximately $30 per square foot. This property was built in 1910. 108 N Grant Ave is a home located in Marion County with nearby schools including Ralph Waldo Emerson School 58, Arlington Community Middle School, and Arsenal Technical High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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