NOT LISTED FOR SALE

Estimated Value: $262,673 - $317,000

2 Beds
-- Bath
2,400 Sq Ft
$124/Sq Ft Est. Value

Last Sold June 23, 2022

Last sale price $275,000 $115 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,035/month

10 Days on Market

About This Home

As of June 2022

A truly rare opportunity awaits with this stunning duplex in Community Heights! Beautiful untouched original features throughout - stained glass windows, hardwood floors (under the carpet, too!) fireplaces, bathroom tile, light fixtures, & more. This home was built as a two unit home and was one of the first homes built on the block. The upstairs and downstairs have identical layouts; each unit has 2 bedrooms, 1 full bathroom, a spacious living and dining room, a kitchen, and stairs in the front and back. The unique brick pattern and architectural details of the exterior make it a stand-out. This home needs significant updating, but has the potential to be one of the most impressive homes around, & could even be converted to single family.

Last Agent to Sell the Property

Lesli Gibson

Maywright Property Co. Listed on: 05/25/2022

Last Buyer's Agent

Rob Measel

F.C. Tucker Company

F.C. Tucker Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,740

Year Built

  • Built in 1925

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Additional Features

  • Basement

Community Details

  • Emerson Highlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490734154015000701

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,740

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1925
  • Lot Size Acres: 0.16
  • Structure Type: Duplex
  • Subdivision Name: EMERSON HIGHLANDS
  • Inspection Warranties: SeeRemarks
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Owner Pays: Other
  • Sq Ft Main Upper: 0
  • Laundry: Common

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt
  • Foundation Details: Block
  • List Price: 300000

Garage/Parking

  • Garage Spaces: 1
  • Carport Spaces: 1
  • Unit Parking: Covered,2 Car Garage,Paved Area

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490734154015000701
  • Acres: <1/4 Acre
  • Lot Information: Access Street,Tree Mature
  • Lot Number: 7001102
  • Lot Size: 6,970

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Other

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1740
  • Semi Annual Property Tax Amt: 870
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Jul 8, 2022
Sold by
Kay Ryan Susan
Bought by
Gaines Michael G
Seller's Agent
Lesli Gibson
Maywright Property Co.
Buyer's Agent
Rob Measel
F.C. Tucker Company
List Price
$300,000
Sold Price
$275,000
Premium/Discount to List
-$25,000
-8.33%
Current Estimated Value
$297,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,168
Avg. Annual Appreciation
2.38%
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 Buyer Sale Price Title Company
Gaines Michael G $275,000 Cohen Garelick & Glazier Profe
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2022 06/23/22 Sold $275,000 -8.3% $115 / Sq Ft
06/05/2022 06/05/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $300,000 -- $125 / 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 $5,432 $223,600 $7,600 $216,000
2023 $5,432 $222,100 $7,600 $214,500
2022 $1,938 $151,300 $7,600 $143,700
2021 $1,891 $150,500 $7,600 $142,900
2020 $1,847 $147,100 $7,600 $139,500
2019 $1,856 $145,600 $7,600 $138,000
2018 $1,639 $127,400 $7,600 $119,800
2017 $1,347 $115,500 $7,600 $107,900
2016 $1,178 $109,400 $7,600 $101,800
2014 $988 $99,500 $7,600 $91,900
2013 $1,091 $98,000 $7,600 $90,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21859109

MIBOR Broker Listing Cooperative®

APN: 49-07-34-154-015.000-701