1115 Farley Dr Indianapolis, IN 46214
Chapel Hill-Ben Davis Neighborhood
--
Bed
--
Bath
729
Sq Ft
0.35
Acres
About This Home
As of October 2024Discover Your Investment Opportunity in Farley! This cozy duplex, located off 10th and High School Road, offers a prime location just minutes from Ben Davis Park, the Indianapolis Motor Speedway, Downtown Indy, and more! This 2-bedroom, 1.5-bathroom unit on a large lot in popular Farley features a solid brick exterior with minimal outside maintenance. Tenants pay all utilities except for water, making this a hassle-free investment. Minutes to 465 for easy access to the city, this duplex boasts cute lower levels with breakfast areas leading out to a patio. Recent updates include a new roof installed in 2022, newer flooring and furnace in 2023, and a new well tank in 2023. Unit 1117 also has a new AC coil and condenser installed in August 2024. Both units are currently occupied, with Lease 1115 expiring in August 2025 and Lease 1117 expiring in June 2025. Don't miss this opportunity to add this profitable duplex to your investment portfolio!
Last Agent to Sell the Property
T&H Realty Services, Inc. Brokerage Email: rosie@threaltyinc.com License #RB21000043 Listed on: 07/15/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,044
Year Built
- Built in 1953
Lot Details
- 0.35 Acre Lot
Home Design
- Duplex
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 1-Story Property
- Fire and Smoke Detector
- Washer and Dryer Hookup
Schools
- Chapelwood Elementary School
Community Details
- Farleys Speedway Homeplace Subdivision
Listing and Financial Details
- Tax Lot 36
- Assessor Parcel Number 490535120015000982
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 15, 2024
Closed on
Oct 24, 2024
Sold by
Denmark Josiah and Denmark Jennifer
Bought by
Ogunmola Olorunloba
Seller's Agent
Rosie Berzenye
T&H Realty Services, Inc.
Buyer's Agent
Michelle West
eXp Realty, LLC
List Price
$224,950
Sold Price
$215,000
Premium/Discount to List
-$9,950
-4.42%
Views
91
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,175
Avg. Annual Appreciation
-4.91%
Original Mortgage
$161,250
Outstanding Balance
$159,809
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$46,709
Purchase Details
Listed on
Jul 28, 2022
Closed on
Jun 14, 2022
Sold by
Comeran Moayedi
Bought by
Denmark Josiah and Denmark Jennifer
Seller's Agent
Jeremy Tallman
T&H Realty Services, Inc.
Buyer's Agent
Bernard Onyia
Leona Realty, LLC
Sold Price
$950
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,500
Interest Rate
5.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 5, 2017
Closed on
Jun 29, 2017
Sold by
Thomas N
Bought by
Moayedi Comeran
Seller's Agent
Craig Bartels
The Indy Realty Shop
Buyer's Agent
Nicholas Walts
Victory Realty Group LLC
List Price
$89,900
Sold Price
$79,675
Premium/Discount to List
-$10,225
-11.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.46%
Purchase Details
Closed on
Jul 30, 2007
Sold by
Kandravy Carrie E
Bought by
Kandravy Thomas N
Similar Homes in Indianapolis, IN
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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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $215,000 | First American Title Insurance | |
| Warranty Deed | $179,750 | Ata National Title Group | |
| Deed | $79,700 | -- | |
| Warranty Deed | $79,675 | Chicago Title Company, Llc | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $161,250 | New Conventional | |
| Previous Owner | $88,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/25/2024 10/25/24 | Sold | $215,000 | 0.0% | $295 / Sq Ft |
| 09/25/2024 09/25/24 | Pending | -- | -- | -- |
| 09/24/2024 09/24/24 | Price Changed | $215,000 | -4.4% | $295 / Sq Ft |
| 08/31/2024 08/31/24 | Price Changed | $224,950 | 0.0% | $309 / Sq Ft |
| 08/31/2024 08/31/24 | For Sale | $224,950 | -2.2% | $309 / Sq Ft |
| 08/19/2024 08/19/24 | Pending | -- | -- | -- |
| 08/14/2024 08/14/24 | Price Changed | $229,900 | -2.2% | $315 / Sq Ft |
| 07/15/2024 07/15/24 | For Sale | $235,000 | 0.0% | $322 / Sq Ft |
| 08/04/2022 08/04/22 | Rented | $950 | 0.0% | -- |
| 08/02/2022 08/02/22 | Under Contract | -- | -- | -- |
| 07/28/2022 07/28/22 | For Rent | $950 | +13.8% | -- |
| 04/16/2021 04/16/21 | Rented | $835 | +4.4% | -- |
| 04/14/2021 04/14/21 | Under Contract | -- | -- | -- |
| 04/07/2021 04/07/21 | For Rent | $800 | 0.0% | -- |
| 03/29/2021 03/29/21 | Under Contract | -- | -- | -- |
| 03/23/2021 03/23/21 | For Rent | $800 | 0.0% | -- |
| 03/12/2021 03/12/21 | Under Contract | -- | -- | -- |
| 03/09/2021 03/09/21 | For Rent | $800 | 0.0% | -- |
| 11/27/2020 11/27/20 | Rented | $800 | 0.0% | -- |
| 11/25/2020 11/25/20 | Under Contract | -- | -- | -- |
| 11/17/2020 11/17/20 | For Rent | $800 | +3.2% | -- |
| 01/08/2020 01/08/20 | Rented | $775 | +3.3% | -- |
| 01/02/2020 01/02/20 | Under Contract | -- | -- | -- |
| 11/19/2019 11/19/19 | Price Changed | $750 | -6.3% | $3 / Sq Ft |
| 11/06/2019 11/06/19 | For Rent | $800 | 0.0% | -- |
| 07/05/2017 07/05/17 | Sold | $79,675 | -11.4% | $109 / Sq Ft |
| 05/20/2017 05/20/17 | Pending | -- | -- | -- |
| 05/19/2017 05/19/17 | For Sale | $89,900 | 0.0% | $123 / Sq Ft |
| 05/08/2017 05/08/17 | Pending | -- | -- | -- |
| 05/05/2017 05/05/17 | For Sale | $89,900 | -- | $123 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $2,498 | $135,800 | $16,600 | $119,200 |
| 2023 | $2,498 | $132,200 | $16,600 | $115,600 |
| 2022 | $2,179 | $132,200 | $16,600 | $115,600 |
| 2021 | $2,661 | $93,600 | $16,600 | $77,000 |
| 2020 | $2,340 | $81,800 | $16,600 | $65,200 |
| 2019 | $2,251 | $78,600 | $16,600 | $62,000 |
| 2018 | $1,753 | $69,200 | $16,600 | $52,600 |
| 2017 | $1,774 | $70,200 | $16,600 | $53,600 |
| 2016 | $1,626 | $64,000 | $16,600 | $47,400 |
| 2014 | $1,204 | $60,200 | $16,600 | $43,600 |
| 2013 | $1,236 | $61,800 | $16,600 | $45,200 |
Source: Public Records
Agents Affiliated with this Home
-
Rosie Berzenye
Seller's Agent in 2024
Rosie Berzenye
T&H Realty Services, Inc.
(317) 777-0750
13 in this area
247 Total Sales
-
Michelle West
Buyer's Agent in 2024
Michelle West
eXp Realty, LLC
(317) 714-8156
9 in this area
181 Total Sales
-
J
Seller's Agent in 2022
Jeremy Tallman
T&H Realty Services, Inc.
-
C
Seller Co-Listing Agent in 2022
Claire Holdsworth
JUST LIV, LLC
-
B
Buyer's Agent in 2022
Bernard Onyia
Leona Realty, LLC
-
Craig Bartels
Seller's Agent in 2017
Craig Bartels
The Indy Realty Shop
(317) 490-5074
2 in this area
89 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21990712
APN: 49-05-35-120-015.000-982
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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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