NOT LISTED FOR SALE

1117 N Dearborn St Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $223,000 - $282,000

3 Beds
-- Bath
1,299 Sq Ft
$187/Sq Ft Est. Value

Last Sold October 25, 2023

Last sale price $202,500 $156 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,490/month

About This Home

As of October 2023

Incredible investment opportunity! This fully remodeled duplex can be a lucrative rental property (one side already tenant-occupied) or serve as your residence while renting out the other to cover your mortgage. Each unit is a spacious 3-bed, 1.5-bath layout with nearly 1,200 SF of living space. (1537 SF per side if you include the basements), bringing the total living space to nearly 2400 SF between the two units. Recent upgrades include fresh paint, new flooring, new light fixtures, and new fencing, ensuring a modern and inviting atmosphere. With a convenient location in Brookside Park, you're just a short drive from Bottleworks, Mass Ave, and all the attractions of Downtown Indy. Don't miss out!

Last Agent to Sell the Property

Ryan Rominger

Trueblood Real Estate Brokerage Email: ryan.rominger@compass.com License #RB18002043 Listed on: 10/11/2023

Trueblood Real Estate

Last Buyer's Agent

Ryan Rominger

Trueblood Real Estate Brokerage Email: ryan.rominger@compass.com License #RB18002043 Listed on: 10/11/2023

Trueblood Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,680

Year Built

  • Built in 1915

Lot Details

  • 6,055 Sq Ft Lot
  • Landscaped with Trees

Home Design

  • Duplex
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector
  • Basement

Community Details

  • Fletcher South Brookside Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 490732103313000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,680

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1915
  • Lot Size Acres: 0.14
  • On Market Date: 2023-10-11
  • Structure Type: Duplex
  • Subdivision Name: Fletcher South Brookside
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: ryan.rominger@compass.com
  • Attribution Contact: ryan.rominger@compass.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 210000
  • Road Access: Access Rd

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Heating: Electric
  • Laundry Features: Other
  • Security Features: Smoke Alarm
  • Solid Waste: No

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Trees-Small (Under 20 Ft)
  • Additional Parcels: No
  • Current Use: Apt<20
  • Lot Size Sq Ft: 6055
  • Parcel Number: 490732103313000101
  • Zoning: Residential
  • Acres: <1/4 Acre
  • Price Acre: 1446429

Green Features

  • Green Certification Y N: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1680
  • Tax Lot: 5
  • Semi Annual Property Tax Amt: 840
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2024
Sold by
Shinkre Bhushan A and Gandbhir-Shinkre Shalaka S
Bought by
Ascella Ventures Indy Llc
Current Estimated Value
$243,031

Purchase Details

Listed on
Oct 11, 2023
Closed on
Oct 23, 2023
Sold by
Irj Properties Llc
Bought by
Shinkre Bhushan A and Gandbhir-Shinkre Shalaka S
Seller's Agent
Ryan Rominger
Trueblood Real Estate
Buyer's Agent
Ryan Rominger
Compass Indiana, LLC
List Price
$210,000
Sold Price
$202,500
Premium/Discount to List
-$7,500
-3.57%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.86%

Purchase Details

Closed on
May 14, 2020
Sold by
Satyabayu Muhammad
Bought by
Irj Properties Llc

Purchase Details

Listed on
Oct 22, 2018
Closed on
Mar 1, 2019
Sold by
Prince & Tryst Llc
Bought by
Satyabayu Muhammad
Seller's Agent
Janis Smith
Platinum Real Estate Group LLC
Buyer's Agent
Ryan Rominger
Compass Indiana, LLC
List Price
$79,899
Sold Price
$70,000
Premium/Discount to List
-$9,899
-12.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.93%

Purchase Details

Closed on
Apr 12, 2017
Sold by
Kim Byung-Yeon

Purchase Details

Closed on
Apr 2, 2017
Sold by
Kim Byung Yeon
Bought by
Oceanpointe Investments Ltd

Purchase Details

Closed on
Mar 22, 2010
Sold by
Stein Sally
Bought by
Kim Byung Yeon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2008
Sold by
Tcif Reo Gcm Llc
Bought by
Stein Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,500
Interest Rate
6.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 25, 2008
Sold by
Odom Anne M and Odom Earl Kent
Bought by
Tcif Reo Gcm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,500
Interest Rate
6.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2005
Sold by
A & F Properties Llc
Bought by
Odom Anne M and Odom Kent Earl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,300
Interest Rate
8.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Ascella Ventures Indy Llc -- First American Title
Shinkre Bhushan A $202,500 First American Title
Irj Properties Llc -- None Available
Satyabayu Muhammad -- None Available
-- $35,000 --
-- $62,300 --
Prince & Tryst Llc $35,000 Paramount Title Agency
Oceanpointe Investments Ltd -- --
Kim Byung Yeon -- None Available
Stein Sally -- Prism Title & Closing Servic
Tcif Reo Gcm Llc $49,300 None Available
Odom Anne M -- Progressive Land Title Of In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Byung Yeon $56,250
Previous Owner Stein Sally $51,500
Previous Owner Odom Anne M $87,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2023 10/25/23 Sold $202,500 -3.6% $156 / Sq Ft
10/11/2023 10/11/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $210,000 +200.0% $162 / Sq Ft
03/18/2019 03/18/19 Sold $70,000 -12.4% $54 / Sq Ft
02/03/2019 02/03/19 Pending -- -- --
01/18/2019 01/18/19 For Sale $79,899 +14.1% $62 / Sq Ft
01/16/2019 01/16/19 Off Market $70,000 -- --
01/11/2019 01/11/19 Price Changed $79,899 0.0% $62 / Sq Ft
12/06/2018 12/06/18 Price Changed $79,900 -5.9% $62 / Sq Ft
11/13/2018 11/13/18 Price Changed $84,900 -10.6% $65 / Sq Ft
10/22/2018 10/22/18 For Sale $94,988 -- $73 / 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 $2,354 $205,800 $6,400 $199,400
2023 $2,354 $94,200 $6,400 $87,800
2022 $2,802 $96,600 $6,400 $90,200
2021 $1,796 $72,800 $6,400 $66,400
2020 $1,763 $71,200 $2,800 $68,400
2019 $1,765 $96,600 $2,800 $93,800
2018 $2,336 $93,400 $2,800 $90,600
2017 $2,033 $90,600 $2,800 $87,800
2016 $3,575 $89,600 $2,800 $86,800
2014 $1,829 $84,600 $2,800 $81,800
2013 $1,887 $81,600 $2,800 $78,800
Source: Public Records

Agents Affiliated with this Home

  • Ryan Rominger

    Seller's Agent in 2023

    Ryan Rominger

    Trueblood Real Estate

    (317) 935-0075

    32 in this area

    154 Total Sales

    Ryan Rominger
    Section Image
  • Janis Smith

    Seller's Agent in 2019

    Janis Smith

    Platinum Real Estate Group LLC

    (317) 538-8560

    1 in this area

    44 Total Sales

    Janis Smith
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21935101

MIBOR Broker Listing Cooperative®

APN: 49-07-32-103-313.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

1117 N Dearborn St, Indianapolis, IN

This home is located at 1117 N Dearborn St, Indianapolis, IN 46201 since 11 October 2023 and is currently estimated at $243,031, approximately $187 per square foot. This property was built in 1915. 1117 N Dearborn St is a home located in Marion County with nearby schools including Brookside School 54, 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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