NOT LISTED FOR SALE

1142 N Tibbs Ave Indianapolis, IN 46222

Estimated Value: $73,000 - $145,413

3 Beds
1 Bath
720 Sq Ft
$139/Sq Ft Est. Value

Last Sold May 29, 2023

Last sale price $65,000 $90 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $641/month

11 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Forced Air Heating System
  • 1 Car Detached Garage
  • Bungalow
  • Carpet

About This Home

As of May 2023

Investor special! Turn key w/ month to month renters right now with great cash flow. Property being sold as a package deal w/ two other properties due to large garage location behind the property. $225,000 for all (3) properties 21917884 - 1132 N Tibbs Ave, 21917885 - 1140 N Tibbs Ave & 21917886 - 1142 N Tibbs Ave. Monthly cash flow is $2,050 for all 3. Will not sell individually, must buy as a package for $225k. Tenant occupied, do not disturb tenant.

Last Agent to Sell the Property

Craig DeBoor

Real Broker, LLC License #RB14051913 Listed on: 05/01/2023

Last Buyer's Agent

Grant Brown

Luxcity Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1932

Lot Details

  • 5,881

Parking

  • 1 Car Detached Garage
  • Carport

Home Design

  • Bungalow
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 720 Sq Ft Home
  • 2-Story Property
  • Window Screens
  • Eat-In Kitchen
  • Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Andorra Park Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 490632121094000901

Home Details

Home Type

Single Family

Year Built

Built in 1932

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1932
  • Building Area Total: 1440
  • Garage Y N: Yes
  • Subdivision Name: Andorra Park
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: craig@deboorgroup.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Appliances: None, Gas Water Heater
  • Levels: Two
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Screens Some, Eat-in Kitchen
  • Living Area: 720
  • Main Level Bedrooms: 2
  • Other Equipment: Not Applicable
  • Eating Area: Dining Combo/Kitchen,Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 720
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Aluminum Siding
  • Foundation Details: Block
  • List Price: 75000

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Carport, Detached, Gravel

Utilities

  • Cooling: None
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Parcel Number: 490632121094000901
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1642
  • Tax Lot: 2
  • Semi Annual Property Tax Amt: 821
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
Jun 5, 2023
Sold by
Tibbs Avenue Holdings Llc
Bought by
Gomez Oscar M and Medina Moises
Seller's Agent
Craig DeBoor
Real Broker, LLC
Buyer's Agent
Grant Brown
Luxcity Realty
List Price
$75,000
Sold Price
$65,000
Premium/Discount to List
-$10,000
-13.33%
Views
134
Current Estimated Value
$100,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,353
Avg. Annual Appreciation
20.49%

Purchase Details

Closed on
Nov 19, 2009
Sold by
Bolin David B
Bought by
Tibbs Avenue Holdings Llc

Purchase Details

Closed on
Jun 22, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Bolin David B

Purchase Details

Closed on
May 27, 2009
Sold by
Comella Michael
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Oct 13, 2008
Sold by
Comella Michael and Health & Hospital Corp Of Mari
Bought by
Gmac Mortgage Llc
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
Gomez Oscar M $195,000 First American
Tibbs Avenue Holdings Llc -- None Available
Bolin David B -- Statewide Title Company Inc
Federal Home Loan Mortgage Corp $10,000 None Available
Gmac Mortgage Llc $20,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2023 05/29/23 Sold $65,000 -13.3% $90 / Sq Ft
05/13/2023 05/13/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $75,000 0.0% $104 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $75,000 -- $104 / 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 $1,307 $52,200 $3,700 $48,500
2023 $1,307 $52,200 $3,700 $48,500
2022 $1,201 $48,000 $3,700 $44,300
2021 $888 $35,600 $3,700 $31,900
2020 $809 $32,100 $3,700 $28,400
2019 $808 $31,500 $3,700 $27,800
2018 $797 $30,800 $3,700 $27,100
2017 $788 $34,200 $3,700 $30,500
2016 $734 $32,400 $3,700 $28,700
2014 $662 $30,600 $3,700 $26,900
2013 $609 $29,300 $3,700 $25,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21917886

MIBOR Broker Listing Cooperative®

APN: 49-06-32-121-094.000-901