NOT LISTED FOR SALE

1214 S Senate Ave Indianapolis, IN 46225

Old Southside Neighborhood

Estimated Value: $190,000 - $207,000

3 Beds
-- Bath
1,260 Sq Ft
$158/Sq Ft Est. Value

Last Sold February 02, 2017

Last sale price $91,000 $72 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,376/month

78 Days on Market

About This Home

As of February 2017

Awesome duplex within walking distance to downtown Indy. Large spacious units that will appeal to tenants. Market rent $900 per side. This can be a great opportunity for an owner occupant or an investor.

Last Agent to Sell the Property

Charlene Gaard

No Limit Real Estate, LLC License #RB14033327 Listed on: 09/12/2016

Last Buyer's Agent

Jennifer Melind

Keller Williams Indpls Metro N

Keller Williams Indpls Metro N

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,074

Year Built

  • Built in 1900

Lot Details

  • 2,614

Additional Features

  • 2-Story Property
  • 2,614 Sq Ft Lot

Community Details

  • Wrights Morris St Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, insurance, sewer, water
  • The owner pays for insurance, taxes
  • Assessor Parcel Number 491114125057000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,074

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Doub-Duplx
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1900
  • Lot Size Acres: 0.06
  • Subdivision Name: WRIGHTS MORRIS ST
  • Inspection Warranties: Other
  • Property Description: Awesome duplex within walking distance to downtown Indy. Large spacious units that will appeal to tenants. Market rent $900 per side. This can be a great opportunity for an owner occupant or an investor.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: Insurance, Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • List Price: 99900

Garage/Parking

  • Unit Parking: On Street,2 Car Space

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 491114125057000101
  • Acres: <1/4 Acre
  • Lot Information: Access Street
  • Lot Number: 1,2
  • Lot Size: 36 X 70

Green Features

  • Green Certification Y N: 0

Rental Info

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

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1074
  • Semi Annual Property Tax Amt: 537
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2016
Closed on
Jan 27, 2017
Sold by
K & K Rei Llc
Bought by
Saxena Mayank M and Saxena Samhita
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Jennifer Melind
Keller Williams Indpls Metro N
List Price
$99,900
Sold Price
$91,000
Premium/Discount to List
-$8,900
-8.91%
Current Estimated Value
$198,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,500
Avg. Annual Appreciation
12.37%
Original Mortgage
$68,250
Outstanding Balance
$57,299
Interest Rate
4.19%
Estimated Equity
$188,518

Purchase Details

Closed on
Jul 2, 2015
Sold by
Acquisitions 2013 Llc
Bought by
Coastal Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,219
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2015
Sold by
Coastal Rental Llc
Bought by
K & K Rei Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,219
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2015
Sold by
Mcl Development Llc
Bought by
Acquisitions 2013 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,219
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Saxena Mayank M $91,000 Meridian Title Corp
Coastal Rentals Llc -- Mtc
K & K Rei Llc -- Mtc
Acquisitions 2013 Llc $4,600 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saxena Mayank $68,250
Previous Owner K & K Rei Llc $267,219
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2017 02/02/17 Sold $91,000 -8.9% $72 / Sq Ft
11/30/2016 11/30/16 Pending -- -- --
10/19/2016 10/19/16 For Sale $99,900 +9.8% $79 / Sq Ft
10/04/2016 10/04/16 Off Market $91,000 -- --
09/12/2016 09/12/16 For Sale $99,900 -- $79 / 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 $3,479 $150,400 $10,400 $140,000
2023 $3,479 $142,400 $10,400 $132,000
2022 $3,887 $160,400 $10,400 $150,000
2021 $3,144 $132,000 $10,400 $121,600
2020 $2,853 $123,200 $10,400 $112,800
2019 $2,021 $85,600 $3,000 $82,600
2018 $2,092 $83,800 $3,000 $80,800
2017 $1,253 $54,600 $3,000 $51,600
2016 $1,075 $51,200 $3,000 $48,200
2014 $1,021 $47,200 $3,000 $44,200
2013 $911 $43,800 $3,000 $40,800
Source: Public Records

Agents Affiliated with this Home

  • Charlene Gaard

    Seller's Agent in 2017

    Charlene Gaard

    No Limit Real Estate, LLC

    (317) 440-2149

    1 in this area

    283 Total Sales

    Section Image

  • J

    Buyer's Agent in 2017

    Jennifer Melind

    Keller Williams Indpls Metro N

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21440755

MIBOR Broker Listing Cooperative®

APN: 49-11-14-125-057.000-101

Indiana Marion County Indianapolis 46225 Old Southside

1214 S Senate Ave, Indianapolis, IN

This home is located at 1214 S Senate Ave, Indianapolis, IN 46225 since 12 September 2016 and is currently estimated at $198,500, approximately $157 per square foot. This property was built in 1900. 1214 S Senate Ave is a home located in Marion County with nearby schools including Daniel Webster School 46, George Washington Community High School (9-12), 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.

Nearby Homes