$384,000
SOLD JUL 2, 2021
-- Bed
-- Bath
850 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$452 Per Sq Ft

0 Day on Market

About This Home

As of May 2023

Listed and sold.

Last Agent to Sell the Property

Kathleen Tearman

F.C. Tucker Company License #RB14013269 Listed on: 05/18/2021

F.C. Tucker Company

Last Buyer's Agent

Brad Reed

F.C. Tucker Company

F.C. Tucker Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,962

Year Built

  • Built in 1927

Parking

  • 3 Car Garage

Home Design

  • Brick Exterior Construction

Additional Features

  • 1-Story Property
  • 7,841 Sq Ft Lot
  • Basement

Community Details

  • Rainbow Ridge Subdivision

Listing and Financial Details

  • Tenant pays for notapplic
  • The owner pays for notapplic
  • Assessor Parcel Number 490632121023000901

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,962

Year Built

Built in 1927

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1927
  • Lot Size Acres: 0.18
  • Structure Type: Duplex
  • Subdivision Name: RAINBOW RIDGE
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 1
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: One
  • Owner Pays: NotApplic
  • Sq Ft Main Upper: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • List Price: 384000

Garage/Parking

  • Garage Spaces: 3
  • Unit Parking: 2 Car Garage

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490632121023000901
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks
  • Lot Number: 1002
  • Lot Size: 30X110

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: NotApplic

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1962
  • Semi Annual Property Tax Amt: 981
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2025
Sold by
Rr Property Investments Llc
Bought by
Bhalla Arjun
Current Estimated Value
$159,500

Purchase Details

Closed on
Aug 16, 2024
Sold by
Jakhu Sunil and Heera Neelam Rani
Bought by
Rr Property Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.17%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 24, 2022
Closed on
May 4, 2023
Sold by
Burge Bryan E
Bought by
Jakhu Sunil and Heera Neelam Rani
Seller's Agent
Brad Reed
BluPrint Real Estate Group
Buyer's Agent
Gina Fosso-Schibley
eXp Realty, LLC
List Price
$600,000
Sold Price
$140,000
Premium/Discount to List
-$460,000
-76.67%
Views
134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%
Original Mortgage
$105,000
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2021
Sold by
Murray John R
Bought by
Burge Bryan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Listed on
May 18, 2021
Closed on
Jul 2, 2021
Sold by
Murray John R
Bought by
Burge Bryan E
Seller's Agent
Kathleen Tearman
F.C. Tucker Company
Buyer's Agent
Brad Reed
F.C. Tucker Company
List Price
$384,000
Sold Price
$384,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-18.64%
Original Mortgage
$437,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2007
Sold by
Walters Rendal Soctt
Bought by
Murray John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.24%
Mortgage Type
New Conventional
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
Quit Claim Deed -- None Listed On Document
Warranty Deed -- Lenders Escrow & Title
Warranty Deed -- Quality Title
Warranty Deed -- Quality Title
Warranty Deed -- Quality Title
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $135,000 Construction
Previous Owner $105,000 New Conventional
Previous Owner $384,000 Construction
Previous Owner $437,000 New Conventional
Previous Owner $85,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2023 05/04/23 Sold $140,000 -5.1% $74 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
03/08/2023 03/08/23 Price Changed $147,500 -1.7% $78 / Sq Ft
02/10/2023 02/10/23 Price Changed $150,000 -6.3% $79 / Sq Ft
01/11/2023 01/11/23 Price Changed $160,000 -72.2% $85 / Sq Ft
11/04/2022 11/04/22 Price Changed $575,000 -4.2% $305 / Sq Ft
09/23/2022 09/23/22 For Sale $600,000 0.0% $318 / Sq Ft
09/23/2022 09/23/22 Price Changed $600,000 +328.6% $318 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $140,000 -63.5% $74 / Sq Ft
07/02/2021 07/02/21 Sold $384,000 0.0% $452 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $384,000 -- $452 / 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 $4,015 $166,500 $3,500 $163,000
2023 $4,015 $153,300 $3,500 $149,800
2022 $3,650 $153,300 $3,500 $149,800
2021 $2,459 $102,200 $3,500 $98,700
2020 $2,822 $87,100 $3,500 $83,600
2019 $2,059 $83,100 $3,500 $79,600
2018 $1,788 $71,100 $3,500 $67,600
2017 $1,619 $71,900 $3,500 $68,400
2016 $1,417 $63,900 $3,500 $60,400
2014 $1,276 $59,000 $3,500 $55,500
2013 $1,400 $61,000 $3,500 $57,500
Source: Public Records

Agents Affiliated with this Home

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 21785357

MIBOR Broker Listing Cooperative®

APN: 49-06-32-120-007.000-901