NOT LISTED FOR SALE

1121 S Sheffield Ave Indianapolis, IN 46221

West Indianapolis Neighborhood

Estimated Value: $135,000 - $149,610

3 Beds
1 Bath
1,091 Sq Ft
$130/Sq Ft Est. Value

Last Sold July 12, 2023

Last sale price $139,000 $127 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $954/month

6 Days on Market

About This Home

As of July 2023

Triplex Investor's Special! Each unit has 1 bedroom, 1 bath with separate entry, cozy pad, kitchen, bath, and decent sized bedroom. Walking distance to Rhodius Park, local shopping, and much more. Minutes from Lucas Oil Stadium, Indianapolis Zoo and Victory Field. 2 units offer unfinished basement for storage and extra play space. 3rd unit located in back of home (garage).

Last Agent to Sell the Property

Kimberlyn CANNON

Ala Carte Realty License #RB14045374 Listed on: 06/05/2023

Last Buyer's Agent

Gloria Gear

Keller Williams Indy Metro W

Keller Williams Indy Metro W

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,860

Year Built

  • Built in 1900

Lot Details

  • 5,358 Sq Ft Lot

Home Design

  • Triplex

Listing and Financial Details

  • Tax Lot 236
  • Assessor Parcel Number 491109111042000901

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,860

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1900
  • Lot Size Acres: 0.12
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: Yes
  • MBR_AttributionContact: kjakevinkla@aol.com
  • Special Features: None

Interior Features

  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 149000
  • Road Access: Street Cuts

Utilities

  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 5358
  • Parcel Number: 491109111042000901
  • Zoning: residential
  • Acres: <1/4 Acre
  • Price Acre: 1158333.33333333

Green Features

  • Green Certification Y N: No

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1860
  • Tax Lot: 236
  • Semi Annual Property Tax Amt: 930
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2023
Sold by
Indy Rental Homes 360 Llc
Bought by
Indy Rental Homes 360 Iii Llc
Current Estimated Value
$141,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,100
Outstanding Balance
$147,222
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
-$2,711

Purchase Details

Listed on
Jun 5, 2023
Closed on
Jul 10, 2023
Sold by
Nccre Holdings Llc
Bought by
Indy Rental Homes 360 Llc
Seller's Agent
Kimberlyn CANNON
Ala Carte Realty
Buyer's Agent
Gloria Gear
Keller Williams Indy Metro W
List Price
$149,000
Sold Price
$139,000
Premium/Discount to List
-$10,000
-6.71%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.88%

Purchase Details

Closed on
Oct 25, 2019
Sold by
Simple Quarters Llc
Bought by
Nccre Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,270
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 17, 2018

Purchase Details

Closed on
Aug 9, 2018
Sold by
Lambert Terri L

Purchase Details

Closed on
Jan 23, 2015
Sold by
Lambert Steven A
Bought by
Lambert Terri L and Lambert Steven A
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
Indy Rental Homes 360 Iii Llc -- Priority Title & Escrow
Indy Rental Homes 360 Llc $149,000 None Listed On Document
Nccre Holdings Llc $33,900 None Available
-- $33,900 --
-- $22,000 --
Simple Quarters Llc $22,000 Monument Title Insurance Compa
Lambert Terri L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Indy Rental Homes 360 Iii Llc $149,100
Previous Owner Nccre Holdings Llc $61,270
Previous Owner Simple Quarters Llc $20,000
Previous Owner Lambert Steven L $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2023 07/12/23 Sold $139,000 -6.7% $127 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $149,000 -- $137 / 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 $2,157 $118,600 $3,000 $115,600
2023 $2,157 $85,100 $3,000 $82,100
2022 $1,994 $78,700 $3,000 $75,700
2021 $1,751 $70,100 $3,000 $67,100
2020 $1,768 $70,700 $3,000 $67,700
2019 $1,798 $70,700 $3,000 $67,700
2018 $508 $60,300 $3,000 $57,300
2017 $452 $59,400 $3,000 $56,400
2016 $417 $57,100 $3,000 $54,100
2014 $315 $55,100 $3,000 $52,100
2013 $372 $57,300 $3,000 $54,300
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kimberlyn CANNON

    Ala Carte Realty

    (317) 919-6881

    1 in this area

    81 Total Sales

    Section Image

  • G

    Buyer's Agent in 2023

    Gloria Gear

    Keller Williams Indy Metro W

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21925042

MIBOR Broker Listing Cooperative®

APN: 49-11-09-111-042.000-901

Indiana Marion County Indianapolis 46221 West Indianapolis

1121 S Sheffield Ave, Indianapolis, IN

This home is located at 1121 S Sheffield Ave, Indianapolis, IN 46221 since 05 June 2023 and is currently estimated at $141,403, approximately $129 per square foot. This property was built in 1900. 1121 S Sheffield Ave is a home located in Marion County with nearby schools including William Penn School 49, George Washington Community High School (9-12), 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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