NOT LISTED FOR SALE

1230 Union St Indianapolis, IN 46225

Old Southside Neighborhood

Estimated Value: $263,000 - $511,000

2 Beds
2 Baths
2,534 Sq Ft
$137/Sq Ft Est. Value

Last Sold April 12, 2022

Last sale price $232,000 $92 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,333/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Partially Fenced Property
  • 3-minute walk to Kelly Park

About This Home

As of April 2022

INVESTORS DELIGHT-Updated duplex in a gentrification area-3 blocks from Bates-Hendricks-TURN KEY-Long term tenants pay $900/month per side+ all utilities (market rent $1000+/month) & willing to renew lease-windows replaced in 09, A/C & furnace replaced in 14, sewer line replaced N 15, roof N 2016, Electric N 17 No KNOB & TUBE-no big ticket items to be replaced anytime soon-Carpet in bedrooms & floating vinyl plank flooring in all other areas (installed in 2017)reduces maintenance cost-low property taxes-easy to rent due to low rental supply in the area & close proximity to I-70, downtown, Lucas Oil Stadium, Fountain Square etc.-Many new homes under construction-home on same street sold for $407k-CASH COW w/ tremendous appreciation potential

Last Agent to Sell the Property

Barbara Whiteside

Keller Williams Indy Metro NE Listed on: 03/24/2022

Keller Williams Indy Metro NE

Last Buyer's Agent

Barbara Whiteside

Keller Williams Indy Metro NE Listed on: 03/24/2022

Keller Williams Indy Metro NE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,476

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Traditional Architecture
  • Vinyl Siding
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Basement

Community Details

  • Mccartys South Add Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, water
  • The owner pays for notapplic
  • Assessor Parcel Number 491113146058000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,476

Year Built

Built in 1920

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1920
  • Lot Size Acres: 0.14
  • Structure Type: Duplex
  • Subdivision Name: MCCARTYS SOUTH ADD
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: www.succeedrealestate.com
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: NotApplic
  • Sq Ft Main Upper: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Vinyl Siding, Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Fence Partial

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491113146058000101
  • Acres: <1/4 Acre
  • Lot Information: Curbs,Sidewalks,Street Lights,Not In Subdivision,Tree Mature
  • Lot Number: 53
  • Lot Size: 6,098

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Water

Tax Info

  • Tax Annual Amount: 2476
  • Semi Annual Property Tax Amt: 1238
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools
  • Schools: James A Garfield School 31 Elementary,James A Garfield School 31 Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
Apr 25, 2022
Sold by
Routiers Properties Llc
Bought by
Far Construction 1 Llc
Seller's Agent
Barbara Whiteside
Keller Williams Indy Metro NE
Buyer's Agent
Barbara Whiteside
Keller Williams Indy Metro NE
List Price
$199,900
Sold Price
$232,000
Premium/Discount to List
$32,100
16.06%
Current Estimated Value
$347,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,359
Avg. Annual Appreciation
11.05%

Purchase Details

Listed on
Mar 24, 2022
Closed on
Apr 18, 2022
Sold by
Routiers Properties Llc
Bought by
Far Construction 1 Llc
Seller's Agent
Barbara Whiteside
Keller Williams Indy Metro NE
Buyer's Agent
Barbara Whiteside
Keller Williams Indy Metro NE
List Price
$199,900
Sold Price
$232,000
Premium/Discount to List
$32,100
16.06%

Purchase Details

Listed on
Mar 24, 2022
Closed on
Apr 8, 2022
Sold by
Routiers Properties Llc
Bought by
Far Construction 1 Llc
Seller's Agent
Barbara Whiteside
Keller Williams Indy Metro NE
Buyer's Agent
Barbara Whiteside
Keller Williams Indy Metro NE
List Price
$199,900
Sold Price
$232,000
Premium/Discount to List
$32,100
16.06%

Purchase Details

Closed on
Jan 12, 2017
Sold by
Li Jing
Bought by
Routiers Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.32%

Purchase Details

Closed on
Dec 29, 2016
Sold by
Amer Ahmad Saadeh
Bought by
Li Jing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.32%

Purchase Details

Closed on
Nov 10, 2016
Sold by
Saadeh Amer Ahmad
Bought by
Li Jing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.32%

Purchase Details

Closed on
Dec 16, 2008
Sold by
U S Bank National Association
Bought by
Saadeh Amer Ahmad

Purchase Details

Closed on
Aug 25, 2008
Sold by
Field Paul and Bank Of New York Trust Company
Bought by
U S Bank National Association

Purchase Details

Closed on
Oct 1, 2007
Sold by
1230 Land Trust Marquis Properties I Llc
Bought by
Field Paul

Purchase Details

Closed on
May 23, 2007
Sold by
The 1230 Land Trust
Bought by
The 3261 Land Trust and Marquis Properties I

Purchase Details

Closed on
Sep 18, 2006
Sold by
Field Paul
Bought by
The 1230 Land Trust

Purchase Details

Closed on
Mar 31, 2005
Sold by
Shake Glen R
Bought by
Field Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2005
Sold by
Shake Glen R
Bought by
Field Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
5.64%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Far Construction 1 Llc -- Ata National Title Group
Far Construction 1 Llc -- Ata National Title Group
Far Construction 1 Llc $232,000 Ata National Title Group
Routiers Properties Llc -- --
Li Jing -- --
Li Jing -- None Available
Saadeh Amer Ahmad -- None Available
U S Bank National Association $22,067 None Available
Field Paul -- None Available
The 3261 Land Trust -- None Available
The 1230 Land Trust -- None Available
Field Paul -- None Available
Field Paul -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Li Jing $40,000
Previous Owner Li Jing --
Previous Owner Field Paul $61,200
Previous Owner Field Paul $61,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2022 04/12/22 Sold $232,000 +16.1% $92 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $199,900 -13.8% $79 / Sq Ft
03/24/2022 03/24/22 Off Market $232,000 -- --
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 $6,344 $355,800 $8,200 $347,600
2023 $6,344 $262,400 $8,200 $254,200
2022 $3,405 $297,200 $8,200 $289,000
2021 $2,728 $113,200 $8,200 $105,000
2020 $2,476 $102,000 $8,200 $93,800
2019 $1,390 $54,100 $3,900 $50,200
2018 $1,371 $52,900 $3,900 $49,000
2017 $1,177 $50,300 $3,900 $46,400
2016 $1,090 $47,300 $3,900 $43,400
2014 $949 $43,900 $3,900 $40,000
2013 $909 $40,700 $3,900 $36,800
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Barbara Whiteside

    Keller Williams Indy Metro NE

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21844764

MIBOR Broker Listing Cooperative®

APN: 49-11-13-146-058.000-101

Indiana Marion County Indianapolis 46225 Old Southside

1230 Union St, Indianapolis, IN

Not Listed for Sale

MultiFamily

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