$62,500
SOLD MAY 23, 2021
-- Bed
-- Bath
877 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$71 Per Sq Ft

11% Below List Price

80 Days on Market

About This Home

As of May 2021

Check out this perfect duplex located on the Northwest side of Indianapolis! This property is a perfect opportunity for an investor to build their portfolio or for a home buyer to move in on one side once it is vacant but continue renting the other side out. This property is currently occupied on both sides with one lease running through June of 2022 and the other is at will. All pictures are prior to tenant move in and room sizes are estimates. Please allow a minimum of 24 hours for showings as these will have to be coordinated with the tenants.

Last Agent to Sell the Property

Maxwell Richter

Wilmoth Group License #RB15000880 Listed on: 11/23/2020

Co-Listed By

Evan Wilbrandt

Wilmoth Group License #RB20001555

Last Buyer's Agent

Justin Wade

Keller Williams Indy Metro NE

Keller Williams Indy Metro NE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,478

Year Built

  • Built in 1920

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Vinyl Siding

Community Details

  • Bradens Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for no utilities
  • Assessor Parcel Number 490627108360000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,478

Year Built

Built in 1920

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: 1920
  • Co List Office Phone: 317-842-3400
  • Lot Size Acres: 0.08
  • Structure Type: Duplex
  • Subdivision Name: BRADENS
  • Inspection Warranties: Not Applicable
  • Property Description: Check out this perfect duplex located on the Northwest side of Indianapolis! This property is a perfect opportunity for an investor to build their portfolio or for a home buyer to move in on one side once it is vacant but continue renting the other side out. This property is currently occupied on both sides with one lease running through June of 2022 and the other is at will. All pictures are prior to tenant move in and room sizes are estimates. Please allow a minimum of 24 hours for showings as these will have to be coordinated with the tenants.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Owner Pays: No Utilities
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • List Price: 70000

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 490627108360000101
  • Acres: <1/4 Acre
  • Lot Information: Access Street
  • Lot Number: 27
  • Lot Size: 0.00 AC

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1478
  • Semi Annual Property Tax Amt: 739
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
May 14, 2021
Sold by
1150 Eugene St Llc
Bought by
Romanov Alesia L
Seller's Agent
Maxwell Richter
Wilmoth Group
Buyer's Agent
Justin Wade
Keller Williams Indy Metro NE
List Price
$70,000
Sold Price
$62,500
Premium/Discount to List
-$7,500
-10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.96%
Original Mortgage
$46,875
Outstanding Balance
$42,687
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$61,339

Purchase Details

Closed on
Dec 11, 2018
Sold by
Parker Craig
Bought by
1150 Eugene St Llc

Purchase Details

Closed on
Feb 13, 2017
Sold by
1150 Eugene St Llc
Bought by
Parker Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2016
Sold by
Oceanpointe Investments Limited
Bought by
1150 Eugene St Llc

Purchase Details

Closed on
Apr 14, 2016
Sold by
Vwp Indianapolis Llc
Bought by
Oceanpointe Investments Limited

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,850
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 2014
Sold by
Deutsche Group Llc
Bought by
Vwp Indianapolis Llc

Purchase Details

Closed on
Mar 21, 2014
Sold by
Marion County Auditor
Bought by
Marion County

Purchase Details

Closed on
Mar 20, 2014
Sold by
Osuji Lawson and Osuji Maria
Bought by
County Of Marion
Source: Public Records

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Range of Values:

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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 $62,500 Ata National Title
Quit Claim Deed -- None Available
Quit Claim Deed -- --
Warranty Deed -- Mtc
Warranty Deed -- Mtc
Warranty Deed -- Mtc
Warranty Deed -- Mtc
Legal Action Court Order $6,000 --
Quit Claim Deed $6,000 None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $2,141 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $46,875 New Conventional
Previous Owner $28,000 New Conventional
Previous Owner $35,850 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 For Sale $144,000 +130.4% --
05/23/2021 05/23/21 Sold $62,500 -10.7% $71 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $70,000 0.0% $80 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
12/01/2020 12/01/20 For Sale $70,000 0.0% $80 / Sq Ft
11/26/2020 11/26/20 Pending -- -- --
11/23/2020 11/23/20 For Sale $70,000 0.0% $80 / Sq Ft
10/10/2019 10/10/19 Rented $495 0.0% --
09/30/2019 09/30/19 Under Contract -- -- --
09/03/2019 09/03/19 Price Changed $495 -9.2% $0 / Sq Ft
08/16/2019 08/16/19 Price Changed $545 -9.0% $1 / Sq Ft
07/30/2019 07/30/19 Price Changed $599 -4.2% $1 / Sq Ft
07/09/2019 07/09/19 For Rent $625 0.0% --
05/01/2019 05/01/19 Off Market $625 -- --
04/16/2019 04/16/19 For Rent $625 -- --
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 $1,851 $93,100 $10,700 $82,400
2023 $1,851 $75,100 $10,700 $64,400
2022 $2,227 $75,100 $10,700 $64,400
2021 $1,951 $64,200 $2,600 $61,600
2020 $1,566 $64,800 $2,600 $62,200
2019 $1,542 $62,600 $2,600 $60,000
2018 $1,435 $64,800 $2,600 $62,200
2017 $2,049 $67,200 $2,600 $64,600
2016 $248 $9,000 $2,600 $6,400
2014 $209 $8,600 $2,600 $6,000
2013 $209 $8,600 $2,600 $6,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21754743

MIBOR Broker Listing Cooperative®

APN: 49-06-27-108-360.000-101