NOT LISTED FOR SALE

Estimated Value: $70,000 - $101,000

2 Beds
1 Bath
895 Sq Ft
$102/Sq Ft Est. Value

Sale Details

Date Sold: February 4, 2022

Last sale price $60,000 $67 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $599 / mo

70 Days on Market

Highlights

  • Porch
  • Ceiling Fan
  • Carpet
  • Forced Air Heating System
  • Level Lot
  • 1-Story Property

About This Home

As of February 2022

Great investment property. Currently rented for $585 per month! Over a 9% CAP RATE! This listing can be combined together with 4013 Hoagland Avenue and 1026 Mckinnie Avenue to make a nice investment package for your growing company!

Last Agent to Sell the Property

Jared Kent

Anthony REALTORS Listed on: 11/17/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $534

Year Built

  • Built in 1948

Lot Details

  • 5,319 Sq Ft Lot
  • Lot Dimensions are 40x133
  • Level Lot

Parking

  • 1 Parking Space

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 895 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Carpet
  • Washer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $600

Listing and Financial Details

  • Tenant pays for electric, fuel, heating, sewer, trash collection, water
  • Assessor Parcel Number 02-12-24-205-016.000-074

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$534

Year Built

Built in 1948

Lot Details

5,319 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Year Built: 1948
  • Style: One Story
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Lot 141 Mount Vernon Park Addition
  • Parcel Number ID: 02-12-24-205-016.000-074
  • Platted: Yes
  • Amenities: Ceiling Fan, Near Walking Trail, Porch Open, Washer Hook-Up
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 895
  • Total Finished Sq Ft: 895
  • Above Grade Finished Sq Ft: 895
  • Basement Foundation: Slab
  • Flooring: Carpet
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 1

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 600
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40x133
  • Estimated Lot Sq Ft: 5319
  • Estimated Lot Size Acres: 0.1221
  • Lot Number: 141

Rental Info

  • Lease Term: 1 Year
  • Tenant Pays: Electric, Fuel, Heating, Sewer, Trash Collection, Water

Tax Info

  • Annual Property Tax: 534

Multi Family

  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Num Of2 Bedrooms: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2021
Closed on
Feb 4, 2022
Sold by
Massarweh Faysal
Bought by
Angel Florentino
Seller's Agent
Jared Kent
Anthony REALTORS
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%
Current Estimated Value
$90,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,989
Avg. Annual Appreciation
10.42%

Purchase Details

Closed on
Mar 12, 2019
Sold by
Property X Llc
Bought by
Massarweh Faysal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 4, 2015
Sold by
Kelly Tracy R
Bought by
Property X Llc

Purchase Details

Closed on
Jul 28, 2006
Sold by
Zieg John P
Bought by
Kelly Tracy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,784
Interest Rate
6.82%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Angel Florentino -- Metropolitan Title
Massarweh Faysal $27,166 Trademark Title
Property X Llc $13,021 None Available
Kelly Tracy R -- Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Massarweh Faysal $165,000
Previous Owner Kelly Tracy R $32,784
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2022 02/04/22 Sold $60,000 -7.7% $67 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
01/17/2022 01/17/22 For Sale $65,000 0.0% $73 / Sq Ft
01/05/2022 01/05/22 Pending -- -- --
11/17/2021 11/17/21 For Sale $65,000 -- $73 / Sq Ft
Source: Indiana Regional MLS

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
2025 $1,392 $55,100 $14,500 $40,600
2024 $1,376 $60,900 $14,500 $46,400
2022 $1,180 $52,500 $6,000 $46,500
2021 $672 $30,000 $1,000 $29,000
2020 $534 $24,400 $1,000 $23,400
2019 $520 $23,900 $1,200 $22,700
2018 $467 $21,300 $900 $20,400
2017 $451 $20,400 $1,100 $19,300
2016 $401 $18,400 $1,200 $17,200
2014 $326 $15,700 $1,200 $14,500
2013 $32 $15,600 $1,200 $14,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202148120

Indiana Regional MLS

APN: 02-12-24-205-016.000-074

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