$135,000
SOLD JUN 24, 2020

12 Gilbert St Beech Grove, IN 46107

-- Bed
-- Bath
795 Sq Ft
5,837 Sq Ft Lot

Recently Sold

$170 Per Sq Ft

8% Above List Price

2 Days on Market

About This Home

As of June 2020

INVESTORS! Don't miss out on this duplex in sought after Beech Grove area. Ranch units with 2 Bdrms 1 BA separate laundry room, all hardwood flooring throughout each unit. Roof/siding 3 yrs old. Low maintenance units with tenant occupied already in place.

Last Agent to Sell the Property

Morris Lucas

eXp Realty, LLC License #RB14045525 Listed on: 05/19/2020

eXp Realty, LLC

Co-Listed By

Misty Lucas

eXp Realty, LLC License #RB14049360

Last Buyer's Agent

Sheri Maar-Adams

RE/MAX Advanced Realty

RE/MAX Advanced Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,988

Year Built

  • Built in 1958

Lot Details

  • 5,837 Sq Ft Lot
  • Mature Trees

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Basement

  • Crawl Space

Community Details

  • Sherman Terrace Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, insurance, lawncare, water
  • The owner pays for sewer, trash collection
  • Assessor Parcel Number 491029109065000502

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,988

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1958
  • Co List Office Phone: 317-888-9300
  • Lot Size Acres: 0.134
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: SHERMAN TERRACE
  • Inspection Warranties: Not Applicable
  • Property Description: INVESTORS! Don't miss out on this duplex in sought after Beech Grove area. Ranch units with 2 Bdrms 1 BA separate laundry room, all hardwood flooring throughout each unit. Roof/siding 3 yrs old. Low maintenance units with tenant occupied already in place.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: Sewer, Trash Collection
  • Possible Use: Residential
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Not Applicable
  • Foundation Details: Crawl Space
  • List Price: 125000
  • Road Access: CityStreet

Garage/Parking

  • Unit Parking: On Street,1 Car Space

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 0

Lot Info

  • Current Use: Residential
  • Parcel Number: 491029109065000502
  • Zoning: Residential
  • Acres: <1/4 Acre
  • Lot Information: Tree Mature
  • Lot Number: 70
  • Lot Size: 5,837

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance, Lawncare, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2988
  • Semi Annual Property Tax Amt: 1494
  • Tax Exemption: None

MLS Schools

  • School District: Beech Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2023
Sold by
Bade Naseer and Bade Heather
Bought by
Urth Homes Llc-S Series 5
Current Estimated Value
$193,462

Purchase Details

Listed on
May 19, 2020
Closed on
Jun 24, 2020
Sold by
Greg Lyon Properties Llc
Bought by
Bade Neseer and Bade Heather
Seller's Agent
Morris Lucas
eXp Realty, LLC
Buyer's Agent
Sheri Maar-Adams
RE/MAX Advanced Realty
List Price
$125,000
Sold Price
$135,000
Premium/Discount to List
$10,000
8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%
Original Mortgage
$101,250
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2014
Sold by
Culver Dan D and Culver Praxie J
Bought by
Greg Lyon Properties 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 Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $135,000 Security Title
Warranty Deed -- Chicago Title Company Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $101,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2022 01/11/22 Rented -- -- --
12/02/2021 12/02/21 For Rent $800 -3.0% --
08/24/2020 08/24/20 Rented $825 0.0% --
07/31/2020 07/31/20 For Rent $825 0.0% --
06/24/2020 06/24/20 Sold $135,000 +8.0% $170 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $125,000 -- $157 / 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 $5,297 $211,500 $13,200 $198,300
2023 $5,297 $189,900 $13,200 $176,700
2022 $4,844 $169,300 $13,200 $156,100
2021 $3,997 $144,300 $13,200 $131,100
2020 $3,757 $144,300 $13,200 $131,100
2019 $2,988 $119,100 $13,200 $105,900
2018 $2,758 $113,900 $13,200 $100,700
2017 $2,831 $113,100 $13,200 $99,900
2016 $2,738 $110,500 $13,200 $97,300
2014 $2,499 $106,300 $13,200 $93,100
2013 $2,499 $106,300 $13,200 $93,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21710990

MIBOR Broker Listing Cooperative®

APN: 49-10-29-109-065.000-502