$167,000
SOLD MAR 21, 2025
4 Beds
2 Baths
688 Sq Ft
3,006 Sq Ft Lot

Recently Sold

$243 Per Sq Ft

7% Below List Price

39 Days on Market

Highlights

  • Bungalow
  • Property is near a bus stop
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of March 2025

For more information please contact the listing agent directly if you are not currently represented by an agent. Looking for an Income Property close to downtown? Look no more. One unit is currently rented to a long term 6 year tenant on an annual lease that renews/ends in July and the other is vacant and rent ready with New vinyl floors. Great opportunity to purchase this home and live in one side and rent out the other or just get a good cash flowing property. Conveniently located near shopping, restaurants and entertainment venues. Within walking distance to Bates Hendricks and Old South Side. Occupied side is currently paying 550

Last Agent to Sell the Property

Barbara Whiteside

Keller Williams Indy Metro NE Brokerage Email: barb@succeedrealestate.com License #RB15001520 Listed on: 01/25/2025

Keller Williams Indy Metro NE

Last Buyer's Agent

Pamela Brown

PMI Indianapolis

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,480

Year Built

  • Built in 1915

Home Design

  • Duplex
  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector
  • Washer and Dryer Hookup
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • 3,006 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • Ayres S Meridian St Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 491113112037000101
  • Assessor Parcel Number 491113112037000101
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,480

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1915
  • Lot Size Acres: 0.07
  • On Market Date: 2025-01-25
  • Structure Type: Duplex
  • Subdivision Name: Ayres S Meridian St
  • Transaction Type: Sale
  • Website: https://www.succeedrealestate.com/
  • Conversion: No
  • MBR_AttributionContact: barb@succeedrealestate.com
  • Attribution Contact: barb@succeedrealestate.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: One
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Vinyl Siding
  • Road Access: Not Applic

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Connections All
  • Security Features: Fire Alarm, Smoke Alarm
  • Solid Waste: No

Lot Info

  • Lot Features: Busline, Curbs, Sidewalks
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 3006
  • Parcel Number: 491113112037000101
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 3480
  • Tax Lot: 491113112037000101
  • Semi Annual Property Tax Amt: 1740

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2025
Closed on
Mar 21, 2025
Sold by
Swanson Joseph and Swanson Alicia Valerio
Bought by
Sls Rentals Llc
Seller's Agent
Barbara Whiteside
Keller Williams Indy Metro NE
Buyer's Agent
Pamela Brown
PMI Indianapolis
List Price
$180,000
Sold Price
$167,000
Premium/Discount to List
-$13,000
-7.22%
Views
83
Current Estimated Value
$162,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,000
Avg. Annual Appreciation
-4.19%

Purchase Details

Closed on
Jan 18, 2018
Sold by
Maksoudabella Maged
Bought by
Valerio-Swanson Alicia and Swanson Joseph

Purchase Details

Closed on
Jan 18, 2017
Sold by
Mak Investments Llc
Bought by
Swanson Joseph and Swanson Alicia Valerio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,250
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2016
Sold by
American Real Estate Investments Llc
Bought by
Mak Investments Llc

Purchase Details

Closed on
Dec 8, 2015
Sold by
Bridge Capital Thrift & Loan Llc
Bought by
American Real Estate Investments Llc

Purchase Details

Closed on
Nov 8, 2015
Sold by
Bridge Capital Thrift And Loan Llc A Tennesse
Bought by
American Real Estate Investments Llc

Purchase Details

Closed on
Sep 23, 2015
Sold by
Bedwell Cory
Bought by
Bridge Capital Thrift & Loan Llc

Purchase Details

Closed on
Dec 10, 2013
Sold by
Solaris Property Group Llc
Bought by
Bedwell Cory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,910
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 25, 2013
Closed on
Jun 14, 2013
Bought by
Dale A St Louis
Seller's Agent
Dennis Nottingham
RE/MAX Advanced Realty
Buyer's Agent
IUO Non-BLC Member
Non-BLC Office
List Price
$12,000
Sold Price
$11,500
Premium/Discount to List
-$500
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.59%

Purchase Details

Closed on
Jan 16, 2013
Sold by
Sheriff John R Layton
Bought by
Attn: Reo Department

Purchase Details

Closed on
Feb 27, 2006
Sold by
Dorris Ricky L and Dorris Patricia I
Bought by
Barrett Kevin and Burton Andra
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Warranty Deed -- Ata National Title Group
Deed $71,000 --
Warranty Deed -- --
Warranty Deed $63,800 None Available
Warranty Deed $44,770 None Available
Deed $44,800 --
Deed In Lieu Of Foreclosure -- None Available
Warranty Deed -- None Available
Deed $11,500 --
Sheriffs Deed $16,000 --
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $53,250 New Conventional
Previous Owner $92,910 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/21/2025 03/21/25 Sold $167,000 -7.2% $243 / Sq Ft
03/05/2025 03/05/25 Pending -- -- --
02/27/2025 02/27/25 For Sale $180,000 0.0% $262 / Sq Ft
02/03/2025 02/03/25 Pending -- -- --
01/25/2025 01/25/25 For Sale $180,000 0.0% $262 / Sq Ft
10/27/2014 10/27/14 Rented $525 -19.2% --
10/26/2014 10/26/14 Under Contract -- -- --
08/20/2014 08/20/14 For Rent $650 0.0% --
06/14/2013 06/14/13 Sold $11,500 -4.2% $67 / Sq Ft View Prior Sale
05/20/2013 05/20/13 Pending -- -- --
02/25/2013 02/25/13 For Sale $12,000 -- $70 / 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 $3,581 $155,300 $6,900 $148,400
2023 $3,581 $146,700 $6,900 $139,800
2022 $4,017 $165,900 $6,900 $159,000
2021 $3,220 $135,300 $6,900 $128,400
2020 $2,990 $124,900 $6,900 $118,000
2019 $2,422 $98,500 $3,500 $95,000
2018 $2,394 $96,500 $3,500 $93,000
2017 $2,041 $91,700 $3,500 $88,200
2016 $1,873 $85,700 $3,500 $82,200
2014 $1,749 $80,900 $3,500 $77,400
2013 $837 $37,300 $3,500 $33,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22017963

MIBOR Broker Listing Cooperative®

APN: 49-11-13-112-037.000-101