NOT LISTED FOR SALE

Estimated Value: $225,000 - $262,601

5 Beds
1 Bath
2,251 Sq Ft
$109/Sq Ft Est. Value

Last Sold October 10, 2024

Last sale price $215,000 $96 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,796/month

131 Days on Market

About This Home

As of October 2024

Discover an exceptional investment in the thriving neighborhood near Edgewood with this fully occupied triplex. Featuring two cozy upstairs units, each offering 1 bedroom and 1 bathroom, alongside a spacious 2-bedroom, 1-bathroom unit on the first floor, this property presents a diverse range of living options. Enjoy the convenience of steady rental income from all three units, coupled with the allure of a sought-after location close to local amenities and attractions. Seize this prime opportunity to own a profitable piece of real estate in a bustling community.

Last Agent to Sell the Property

Matthew Ford

Indiana Ford Realty LLC Brokerage Email: matthew@pmiindy.com License #RB22002002 Listed on: 04/22/2024

Last Buyer's Agent

Denis O'Brien

Keller Williams Indy Metro S

Keller Williams Indy Metro S

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916

Lot Details

  • 0.71

Parking

  • 2 Car Detached Garage

Home Design

  • Triplex

Additional Features

  • 2-Story Property
  • 0.71 Acre Lot
  • Basement

Listing and Financial Details

  • The owner pays for all utilities
  • Tax Lot 5002061
  • Assessor Parcel Number 491031113033000500
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

0.71 Acres

Parking

2

Listing Details

  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1916
  • Lot Size Acres: 0.71
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: Yes
  • MBR_AttributionContact: matthew@pmiindy.com
  • Attribution Contact: matthew@pmiindy.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: All Utilities
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Road Access: Not Applic

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Unit Parking: 2 Car Garage

Utilities

  • Solid Waste: Yes

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 31058
  • Parcel Number: 491031113033000500
  • Acres: 1/2-1 Acre

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Other

Tax Info

  • Tax Annual Amount: 5472
  • Tax Lot: 5002061
  • Semi Annual Property Tax Amt: 2736

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
Oct 10, 2024
Sold by
Pkx Properties Llc
Bought by
Pigg Properties Llc
Seller's Agent
Matthew Ford
Indiana Ford Realty LLC
Buyer's Agent
Denis O'Brien
Keller Williams Indy Metro S
List Price
$240,000
Sold Price
$215,000
Premium/Discount to List
-$25,000
-10.42%
Views
141
Current Estimated Value
$245,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,900
Avg. Annual Appreciation
9.85%
Original Mortgage
$166,625
Outstanding Balance
$163,874
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$82,026

Purchase Details

Listed on
Apr 2, 2021
Closed on
May 10, 2021
Sold by
Gutting Trust
Bought by
Pkx Properties Llc
Seller's Agent
Derek Gutting
Keller Williams Indpls Metro N
Buyer's Agent
Pamela Brown
PMI Indianapolis
List Price
$225,000
Sold Price
$214,000
Premium/Discount to List
-$11,000
-4.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.14%
Original Mortgage
$171,200
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 25, 2018
Closed on
Jun 25, 2018
Sold by
Heath Gregory T
Seller's Agent
Derek Gutting
Keller Williams Indpls Metro N
Buyer's Agent
Derek Gutting
Keller Williams Indpls Metro N
List Price
$150,000
Sold Price
$100,000
Premium/Discount to List
-$50,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.23%
Source: Public Records
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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
Pigg Properties Llc -- Eagle Land Title
Pkx Properties Llc -- Chicago Title
-- $100,000 --
Gutting Ernest D $100,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pigg Properties Llc $166,625
Previous Owner Pkx Properties Llc $171,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/10/2024 10/10/24 Sold $215,000 -8.5% $96 / Sq Ft
09/01/2024 09/01/24 Pending -- -- --
08/16/2024 08/16/24 Price Changed $235,000 -2.1% $104 / Sq Ft
06/21/2024 06/21/24 For Sale $240,000 0.0% $107 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
05/29/2024 05/29/24 Price Changed $240,000 -4.0% $107 / Sq Ft
04/22/2024 04/22/24 For Sale $250,000 +16.8% $111 / Sq Ft
05/10/2021 05/10/21 Sold $214,000 -4.9% $95 / Sq Ft View Prior Sale
04/07/2021 04/07/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $225,000 +125.0% $100 / Sq Ft
06/25/2018 06/25/18 Sold $100,000 -33.3% $44 / Sq Ft View Prior Sale
06/25/2018 06/25/18 Pending -- -- --
06/25/2018 06/25/18 For Sale $150,000 -- $67 / 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
2025 $6,198 $302,900 $19,700 $283,200
2024 $6,156 $243,500 $19,700 $223,800
2023 $6,156 $233,100 $19,700 $213,400
2022 $5,684 $213,600 $19,700 $193,900
2021 $4,807 $176,700 $19,700 $157,000
2020 $4,398 $160,200 $19,700 $140,500
2019 $3,930 $141,700 $9,000 $132,700
2018 $3,802 $138,400 $9,000 $129,400
2017 $3,936 $143,700 $9,000 $134,700
2016 $4,078 $149,100 $9,000 $140,100
2014 $3,611 $148,200 $9,000 $139,200
2013 $3,629 $148,200 $9,000 $139,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21975234

MIBOR Broker Listing Cooperative®

APN: 49-10-31-113-033.000-500

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