NOT LISTED FOR SALE
8 Beds
-- Bath
3,339 Sq Ft
392 Sq Ft Lot

Last Sold September 17, 2021

Last sale price $202,700 $61 Per Sq Ft

7 Days on Market

About This Home

As of September 2021

What a great investment opportunity in Old Southside. Five, 1 bed, 1 bath, apartments. The Building is just a few block east of Bates Hendricks and a few blocks south of Downtown. If you've been watching HGTV you know this area well and can imagine what the After Renovation Value could be. Great single family income potential or potentially re-zone to mixed use. Property comes with enough space for a small private parking lot. This property is just waiting for the right buyer with vision. The two upper apartments are currently rented on a month to month at $590 and $615 respectively. The Three downstairs units are currently vacant.

Last Agent to Sell the Property

Rod Forrest

eXp Realty, LLC License #RB14047454 Listed on: 08/03/2021

eXp Realty, LLC

Last Buyer's Agent

Charlene Gaard

No Limit Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,760

Year Built

  • Built in 1900

Lot Details

  • 392

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Aluminum Siding

Additional Features

  • 2-Story Property
  • 392 Sq Ft Lot

Community Details

  • Fennemans Subdivision

Listing and Financial Details

  • Tenant pays for noutil
  • The owner pays for gas, insurance, taxes, sewer, trash collection, all utilities
  • Assessor Parcel Number 491113144056000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,760

Year Built

Built in 1900

Lot Details

392 Sq Ft Lot

Listing Details

  • Property Sub Type: 5+Units Commercial
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1900
  • Lot Size Acres: 0.009
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Apartment Building
  • Subdivision Name: FENNEMANS
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 5
  • Conversion: 1
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: Gas, Insurance, Taxes, Sewer, Trash Collection, All Utilities
  • Possible Use: Apt<20, Office, Residential
  • Sq Ft Main Upper: 0
  • Laundry: NoLaundry

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Disclosures: Not Applicable
  • Foundation Details: Block, Brick
  • Road Access: CityStreet
  • Interstate: Ramp<1Mi

Garage/Parking

  • Unit Parking: On Street,Parking Lot,Unpaved

Utilities

  • Solid Waste: 1

Lot Info

  • Parcel Number: 491113144056000101
  • Acres: <1/4 Acre
  • Lot Information: Access Street,Sidewalks
  • Lot Number: 5
  • Lot Size: 32 X 128

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: NoUtil

Tax Info

  • Tax Annual Amount: 2760
  • Semi Annual Property Tax Amt: 1380
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2021 09/17/21 Sold $202,700 -10.7% $61 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $227,000 -- $68 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $3,541 $143,200 $9,400 $133,800
2023 $3,541 $204,900 $9,400 $195,500
2022 $3,962 $163,400 $7,900 $155,500
2021 $3,156 $132,400 $7,900 $124,500
2020 $3,132 $119,200 $7,900 $111,300
2019 $1,244 $48,600 $3,800 $44,800
2018 $1,231 $47,700 $3,800 $43,900
2017 $1,054 $45,300 $3,800 $41,500
2016 $973 $42,500 $3,800 $38,700
2014 $1,163 $53,800 $3,800 $50,000
2013 $1,127 $49,900 $3,800 $46,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21803543

MIBOR Broker Listing Cooperative®

APN: 49-11-13-144-056.000-101

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