$89,500
SOLD JAN 13, 2021

1133 S Richland St Indianapolis, IN 46221

West Indianapolis Neighborhood
-- Bed
-- Bath
1,044 Sq Ft
6,011 Sq Ft Lot

Recently Sold

$86 Per Sq Ft

4 Days on Market

About This Home

As of November 2021

Fantastic cash flowing 100% occupied duplex close to downtown and all of its amenities! Each unit has 2 bedrooms, 1 bathroom, off street parking, lots of back yard space, washer/dryer hook ups and separate meters for ease of utilities. 1133 has been recently remodeled with a fully updated kitchen and bathroom, new floors throughout and fresh paint. Just a short commute to the new Elanco site coming soon. Walking distance to Rhodius Park. Don't miss this great investment opportunity!

Last Agent to Sell the Property

Jordan Moody

Keller Williams Indpls Metro N License #RB15001355 Listed on: 12/17/2020

Keller Williams Indpls Metro N

Last Buyer's Agent

Tasheana Hanza

Hanza Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $782

Year Built

  • Built in 1900

Lot Details

  • 6,011 Sq Ft Lot

Home Design

  • Traditional Architecture

Community Details

  • Kuhn & Johnsons Subdivision

Listing and Financial Details

  • Tenant pays for electricity, trash collection
  • The owner pays for taxes, sewer, water
  • Assessor Parcel Number 491110111027000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$782

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1900
  • Lot Size Acres: 0.138
  • Subdivision Name: KUHN & JOHNSONS
  • Inspection Warranties: Not Applicable
  • Property Description: Fantastic cash flowing 100% occupied duplex close to downtown and all of its amenities! Each unit has 2 bedrooms, 1 bathroom, off street parking, lots of back yard space, washer/dryer hook ups and separate meters for ease of utilities. 1133 has been recently remodeled with a fully updated kitchen and bathroom, new floors throughout and fresh paint. Just a short commute to the new Elanco site coming soon. Walking distance to Rhodius Park. Don't miss this great investment opportunity!
  • Transaction Type: Sale
  • Website: moodycompany.com
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Owner Pays: Taxes, Sewer, Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections Some

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • List Price: 89900

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 3996

Lot Info

  • Parcel Number: 491110111027000101
  • Acres: <1/4 Acre
  • Lot Information: Access Street,Curbs,Sidewalks
  • Lot Number: 328
  • Lot Size: 6,011

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Trash Collection

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 782
  • Semi Annual Property Tax Amt: 391
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Nov 23, 2021
Sold by
Doughboy Investments Llc
Bought by
Phelan Trust
Seller's Agent
Tasheana Hanza
Hanza Realty, LLC
Buyer's Agent
Diego Hernandez
Triple E Realty, LLC
List Price
$100,000
Sold Price
$115,000
Premium/Discount to List
$15,000
15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%
Original Mortgage
$86,400
Outstanding Balance
$79,497
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$72,367

Purchase Details

Listed on
Dec 17, 2020
Closed on
Jan 19, 2021
Sold by
Stewardship Indiana Llc
Bought by
Doughboy Investments Llc
Seller's Agent
Jordan Moody
Keller Williams Indpls Metro N
Buyer's Agent
Tasheana Hanza
Hanza Realty, LLC
List Price
$89,900
Sold Price
$89,500
Premium/Discount to List
-$400
-0.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.84%

Purchase Details

Listed on
Dec 17, 2020
Closed on
Jan 13, 2021
Sold by
Stewardship Indiana Llc
Bought by
Doughboy Investments Llc
Seller's Agent
Jordan Moody
Keller Williams Indpls Metro N
Buyer's Agent
Tasheana Hanza
Hanza Realty, LLC
List Price
$89,900
Sold Price
$89,500
Premium/Discount to List
-$400
-0.44%

Purchase Details

Closed on
May 30, 2018
Sold by
Madsen Craig T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
4.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 5, 2011
Sold by
Madsen Nancy A
Bought by
Madsen Craig T
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 Type Sale Price Title Company
Warranty Deed $115,200 None Available
Warranty Deed -- None Listed On Document
Warranty Deed $89,500 None Available
Deed $35,000 --
Warranty Deed $35,000 Monument Title Insurance Compa
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $86,400 New Conventional
Closed $86,400 New Conventional
Previous Owner $73,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 Price Changed $194,900 -4.9% --
07/17/2025 07/17/25 For Sale $204,900 0.0% --
05/31/2024 05/31/24 Rented $875 0.0% --
05/24/2024 05/24/24 Under Contract -- -- --
05/14/2024 05/14/24 Off Market $875 -- --
04/16/2024 04/16/24 For Rent $875 +12.9% --
05/04/2022 05/04/22 Rented $775 0.0% --
04/15/2022 04/15/22 Under Contract -- -- --
04/04/2022 04/04/22 Price Changed $775 -3.1% $1 / Sq Ft
12/22/2021 12/22/21 For Rent $800 0.0% --
11/22/2021 11/22/21 Sold $115,000 +15.0% $110 / Sq Ft
10/09/2021 10/09/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $100,000 +11.7% $96 / Sq Ft
01/13/2021 01/13/21 Sold $89,500 -0.4% $86 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
12/17/2020 12/17/20 For Sale $89,900 -- $86 / 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 $3,088 $142,100 $6,500 $135,600
2023 $3,088 $125,900 $6,500 $119,400
2022 $3,195 $129,500 $6,500 $123,000
2021 $1,102 $43,500 $6,500 $37,000
2020 $897 $34,500 $6,500 $28,000
2019 $878 $33,100 $6,500 $26,600
2018 $865 $32,300 $6,500 $25,800
2017 $708 $28,900 $6,500 $22,400
2016 $672 $27,900 $6,500 $21,400
2014 $577 $26,700 $6,500 $20,200
2013 $686 $31,700 $6,500 $25,200
Source: Public Records

Agents Affiliated with this Home

  • Mariah Hernandez

    Seller's Agent in 2025

    Mariah Hernandez

    Triple E Realty, LLC

    (317) 993-1011

    3 Total Sales

    Mariah Hernandez
    Section Image
  • Evona Watson

    Seller's Agent in 2024

    Evona Watson

    Triple E Realty, LLC

    (317) 281-9280

    132 Total Sales

    Evona Watson
    Section Image

  • D

    Seller Co-Listing Agent in 2024

    Diego Hernandez

    Dropped Members

    Section Image
  • Tasheana Hanza

    Seller's Agent in 2021

    Tasheana Hanza

    Hanza Realty, LLC

    (317) 800-4438

    4 in this area

    129 Total Sales

    Tasheana Hanza
    Section Image
  • Jordan Moody

    Seller's Agent in 2021

    Jordan Moody

    Keller Williams Indpls Metro N

    (765) 336-1622

    3 in this area

    355 Total Sales

    Jordan Moody
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21757559

MIBOR Broker Listing Cooperative®

APN: 49-11-10-111-027.000-101

Indiana Marion County Indianapolis 46221 West Indianapolis

1133 S Richland St, Indianapolis, IN

This home is located at 1133 S Richland St, Indianapolis, IN 46221 and is currently priced at $89,500, approximately $85 per square foot. This property was built in 1900. 1133 S Richland St is a home located in Marion County with nearby schools including William Penn School 49, George Washington Community High School No. 721, 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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