$1,200
SOLD JUL 1, 2018
-- Bed
-- Bath
1,284 Sq Ft
7,667 Sq Ft Lot

Recently Sold

$1 Per Sq Ft

100% Below List Price

110 Days on Market

About This Home

As of March 2021

Own this BRAND NEW HOME and add to your investment opportunity portfolio in near Historic GOLDEN HILL AREA District. Instant Cash Flow Income: Both Units now leased at $1200/month each-Convenient 5 mins to I-65, IUPUI, BUTLER UNIV Six bedrooms, Lighted faucets in ALL 4 full baths, 2 half baths; DR, LR, recessed lighting; Laundry area bsmt; Both Master bedrooms have MBA ensuites, remote fans, cable ready TV wall mounts; 2nd Flr heat sensors; NEW: roof, water htrs, plumbing, electric, furnaces, carpet, Bamboo Lam hardwoods lower level, SS APPLS REF; gourmet 5 burner smooth top R/Oven; D/W; Countertops, Gorgeous Cabinetry; Security SYS/Sensors; Locked A/C; new GAR pad; Home Warranty

Last Agent to Sell the Property

Teale Rhodes

BUY FAITH REALTORS 2 LLC License #RB14030021 Listed on: 03/12/2018

Last Buyer's Agent

Teale Rhodes

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 7,667 Sq Ft Lot

Home Design

  • Contemporary Architecture

Additional Features

  • Basement

Community Details

  • Clifton On The River Subdivision

Listing and Financial Details

  • Tenant pays for notapplic
  • The owner pays for notapplic
  • Assessor Parcel Number 490622103007000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1950
  • Green Energy Efficient: HVAC,Water Heater
  • Lot Size Acres: 0.176
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: CLIFTON ON THE RIVER
  • Inspection Warranties: Warranty Homebuyers
  • Property Description: Own this BRAND NEW HOME and add to your investment opportunity portfolio in near Historic GOLDEN HILL AREA District. Instant Cash Flow Income: Both Units now leased at $1200/month each-Convenient 5 mins to I-65, IUPUI, BUTLER UNIV Six bedrooms, Lighted faucets in ALL 4 full baths, 2 half baths; DR, LR, recessed lighting; Laundry area bsmt; Both Master bedrooms have MBA ensuites, remote fans, cable ready TV wall mounts; 2nd Flr heat sensors; NEW: roof, water htrs, plumbing, electric, furnaces, carpet, Bamboo Lam hardwoods lower level, SS APPLS REF; gourmet 5 burner smooth top R/Oven; D/W; Countertops, Gorgeous Cabinetry; Security SYS/Sensors; Locked A/C; new GAR pad; Home Warranty
  • Transaction Type: Lease
  • Open House Count: 0
  • Open House Public Count: 0
  • Unit Count: 2
  • Conversion: 1
  • Lifestyles: Double/Duplex
  • Special Features: None

Interior Features

  • Basement: Yes
  • Owner Pays: NotApplic
  • Possible Use: Residential
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 1600
  • Laundry: Connections None

Exterior Features

  • Construction Materials: Vinyl Siding,Vinyl With Stone
  • Disclosures: Not Applicable
  • Foundation Details: Concrete Perimeter,Concrete Perimeter
  • List Price: 1200
  • Construction Stage: Completed
  • Road Access: CityStreet
  • Interstate: Ramp<1Mi

Garage/Parking

  • Unit Parking: On Street,2 Car Space,Unpaved
  • Auto Surface: 4

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: No
  • Current Use: Residential
  • Parcel Number: 490622103007000101
  • Acres: <1/4 Acre
  • Lot Information: Busline,Rural In Subdivision,See Remarks
  • Lot Number: 11
  • Lot Size: 7,667

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: NotApplic
  • Lease Price: 1200.00
  • Leased Type: Leased
  • Lease Termin Months: 24

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 918
  • Semi Annual Property Tax Amt: 459
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2021
Closed on
Mar 31, 2021
Sold by
Lyles Matthew D and Lyles Michael D
Bought by
Varner Paul Jacob
Seller's Agent
Stephen Jeffers
Triple E Realty, LLC
Buyer's Agent
Adam Arsich
Prime Advisors LLC
List Price
$350,000
Sold Price
$330,000
Premium/Discount to List
-$20,000
-5.71%
Current Estimated Value
$368,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,616
Avg. Annual Appreciation
-1.39%
Original Mortgage
$324,022
Outstanding Balance
$295,702
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$14,103

Purchase Details

Closed on
Dec 11, 2018
Sold by
Lyles Matthew and Turner Jarrin
Bought by
Lyles Matthew D and Lyles Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 24, 2017
Closed on
Nov 8, 2017
Sold by
Lyles Matrthew
Bought by
Lyles Matthew and Turner Jarrin
Seller's Agent
Keith Wolf
Buyer's Agent
Teale Rhodes
List Price
$34,900
Sold Price
$22,900
Premium/Discount to List
-$12,000
-34.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.37%

Purchase Details

Listed on
Jul 24, 2017
Closed on
Sep 26, 2017
Bought by
Lyles Matthew
Seller's Agent
Keith Wolf
Buyer's Agent
Teale Rhodes
List Price
$34,900
Sold Price
$22,900
Premium/Discount to List
-$12,000
-34.38%

Purchase Details

Closed on
Jul 19, 2017
Sold by
See Attached Exhibit A
Bought by
Castlerock 2017 Llc

Purchase Details

Closed on
Jul 1, 2005
Sold by
Aurora Loan Services
Bought by
Coleman Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,600
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 30, 2005
Sold by
First Union National Bank
Bought by
Aurora Loan Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,600
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 25, 2005
Sold by
Gendig Lester A and Gendig Yvonne
Bought by
First Union National Bank
Source: Public Records

Range of Values:

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Average Value
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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 -- None Available
Interfamily Deed Transfer -- Chicago Title
Interfamily Deed Transfer -- --
Deed $22,900 --
Deed $22,900 First American Title
Deed $14,600 --
Quit Claim Deed $14,600 --
Special Warranty Deed -- None Available
Warranty Deed -- None Available
Sheriffs Deed $34,300 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $324,022 FHA
Previous Owner $177,500 New Conventional
Previous Owner $11,600 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $330,000 -5.7% $257 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
02/13/2021 02/13/21 For Sale $350,000 +29066.7% $273 / Sq Ft
11/07/2018 11/07/18 Off Market $1,200 -- --
07/30/2018 07/30/18 For Sale $345,000 +28650.0% $269 / Sq Ft
07/27/2018 07/27/18 Off Market $1,200 -- --
07/01/2018 07/01/18 Sold $1,200 -99.7% $1 / Sq Ft
03/28/2018 03/28/18 Price Changed $345,000 -1.4% $269 / Sq Ft
03/12/2018 03/12/18 For Sale $350,000 +1428.4% $273 / Sq Ft
09/27/2017 09/27/17 Sold $22,900 0.0% $18 / Sq Ft
09/14/2017 09/14/17 Pending -- -- --
09/06/2017 09/06/17 Price Changed $22,900 -17.9% $18 / Sq Ft
08/22/2017 08/22/17 Price Changed $27,900 -20.1% $22 / Sq Ft
07/24/2017 07/24/17 For Sale $34,900 -- $27 / 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 $3,120 $192,500 $18,900 $173,600
2023 $3,120 $192,500 $18,900 $173,600
2022 $2,867 $192,500 $18,900 $173,600
2021 $802 $51,600 $2,200 $49,400
2020 $1,370 $54,200 $2,200 $52,000
2019 $1,340 $52,000 $2,200 $49,800
2018 $1,173 $44,600 $2,200 $42,400
2017 $1,047 $44,200 $2,200 $42,000
2016 $1,391 $44,200 $2,200 $42,000
2014 $882 $40,800 $2,200 $38,600
2013 $848 $40,800 $2,200 $38,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21550736

MIBOR Broker Listing Cooperative®

APN: 49-06-22-103-007.000-101