NOT LISTED FOR SALE

Estimated Value: $214,000 - $322,580

1 Bed
-- Bath
900 Sq Ft
$293/Sq Ft Est. Value

Last Sold October 24, 2023

Last sale price $210,000 $233 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,793/month

Highlights

  • Mature Trees
  • Traditional Architecture
  • Laundry closet
  • Ben Davis University High School Rated A
  • Corner Lot
  • Shed

About This Home

As of October 2023

This rare duplex in a residential neighborhood sits on a large corner lot and has completely separate utilities! This would make a great opportunity to live in one side and rent out the other or rent out both sides as an investment property. This duplex is townhouse-style where both sides mirror each other and both have a main floor and upstairs. Each unit has two bedrooms, 1.5 baths, a carport, a storage shed and its own driveway. This property is located in Wayne Township off 10th St just outside of the 465 loop.

Last Listed By

Jocelyn Deal

eXp Realty LLC Brokerage Email: jocelyn@eliteiconteam.com License #RB18000459 Listed on: 09/15/2023

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,036

Year Built

  • Built in 1955

Lot Details

  • 0.33 Acre Lot
  • Corner Lot
  • Mature Trees

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Fire and Smoke Detector

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Parking

  • Carport
  • Guest Parking

Outdoor Features

  • Shed
  • Storage Shed

Schools

  • Ben Davis High School

Utilities

  • Heating System Uses Gas

Community Details

  • Farleys Speedway Homeplace Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, insurance
  • The owner pays for insurance, taxes
  • Legal Lot and Block 77 / 3
  • Assessor Parcel Number 490535124038000982

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,036

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1955
  • Lot Size Acres: 0.329
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: Farleys Speedway Homeplace
  • Transaction Type: Sale
  • Website: http://eliteiconteam.com
  • Conversion: No
  • MBR_AttributionContact: jocelyn@eliteiconteam.com
  • Multi Rooms: 8
  • Attribution Contact: jocelyn@eliteiconteam.com
  • Special Features: None

Interior Features

  • Basement Type: Crawl Space
  • Levels: Two
  • Owner Pays: Insurance, Taxes
  • Possible Use: Apt<20, Residential
  • Gross Area Sq Ft: 1800
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Construction Materials: Brick
  • Direction Faces: Northeast
  • Exterior Features: Storage Shed
  • Foundation Details: Brick
  • List Price: 210000
  • View Y N: No
  • Waterfront: No
  • Road Access: Not Applic

Garage/Parking

  • Carport Spaces: 2
  • Parking Features: Carport, Concrete, Guest Parking
  • Unit Parking: Covered

Utilities

  • Cooling: Central Electric
  • Heating: Gas
  • Laundry Features: Connections All, Laundry Closet
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 4000

Lot Info

  • Lot Features: Corner Lot, Mature Trees
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Current Use: Apt<20, Residential
  • Lot Size Sq Ft: 14331
  • Parcel Number: 490535124038000982
  • Zoning: Residential Row House
  • Acres: 1/4-1/2 Acre
  • Price Acre: 638298

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: All Utilities, Insurance

Multi Family

  • Gross Income: 24000
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3036
  • Tax Block: 3
  • Tax Lot: 77
  • Semi Annual Property Tax Amt: 1518
  • Tax Exemption: None

MLS Schools

  • High School: Ben Davis High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Oct 20, 2023
Sold by
Chen Pu
Bought by
Dey Asim B and Dey Kuhely
Seller's Agent
Jocelyn Deal
eXp Realty LLC
Buyer's Agent
Chandan Saha
United Real Estate Indpls
List Price
$210,000
Sold Price
$210,000
Total Days on Market
0
Views
7
Current Estimated Value
$263,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,645
Avg. Annual Appreciation
15.49%
Original Mortgage
$328,000
Outstanding Balance
$323,099
Interest Rate
6.88%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$59,454

Purchase Details

Listed on
Jan 31, 2020
Closed on
Mar 11, 2020
Sold by
Ellington John E and Ellington Kelly B
Bought by
Chen Pu
Seller's Agent
Karen Schmidt
RE/MAX Centerstone
Buyer's Agent
Eli Skinner
Fathom Realty
List Price
$139,000
Sold Price
$134,000
Premium/Discount to List
-$5,000
-3.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.14%
Original Mortgage
$100,500
Interest Rate
3.5%
Mortgage Type
New Conventional

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
Dey Asim B $329,600 Security Title
Chen Pu -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dey Asim B $328,000
Previous Owner Chen Pu $100,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2023 10/24/23 Sold $210,000 0.0% $233 / Sq Ft
09/15/2023 09/15/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $210,000 +56.7% $233 / Sq Ft
03/06/2020 03/06/20 Sold $134,000 -3.6% $149 / Sq Ft
02/03/2020 02/03/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $139,000 -- $154 / 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 $3,900 $226,200 $16,600 $209,600
2023 $3,900 $160,000 $16,600 $143,400
2022 $3,823 $160,000 $16,600 $143,400
2021 $3,170 $112,900 $16,600 $96,300
2020 $2,635 $98,100 $16,600 $81,500
2019 $2,553 $94,300 $16,600 $77,700
2018 $2,074 $82,600 $16,600 $66,000
2017 $2,099 $83,800 $16,600 $67,200
2016 $1,812 $75,900 $16,600 $59,300
2014 $1,428 $71,200 $16,600 $54,600
2013 $1,487 $73,300 $16,600 $56,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21942850

MIBOR Broker Listing Cooperative®

APN: 49-05-35-124-038.000-982