NOT LISTED FOR SALE

Estimated Value: $117,000 - $138,000

4 Beds
-- Bath
682 Sq Ft
$191/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $87,000 $128 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $880/month

2 Days on Market

About This Home

As of March 2021

Cash Flowing Property, ready for you to use as a rental, or live in one side while the other unit pays your rent. Home is located minutes from downtown Indianapolis in the near-west side neighborhood. Sip tea on the front porch or grill in the yard. This house has ample entertainment space for your summer cookouts. Photos are from before current tenant moved in.

Last Agent to Sell the Property

Christian Foy

Ethosity Property Management G License #RB21000426 Listed on: 02/23/2021

Co-Listed By

Sterling Davis

Ethosity Property Management G

Last Buyer's Agent

Kristin Schlesinger

Keller Williams Indy Metro W

Keller Williams Indy Metro W

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $878

Year Built

  • Built in 1915

Lot Details

  • 5,358

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Siding

Additional Features

  • 1-Story Property
  • 5,358 Sq Ft Lot
  • Basement

Community Details

  • Armstrong Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, insurance, lawncare
  • The owner pays for taxes, sewer, water
  • Assessor Parcel Number 490622102059000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$878

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Other
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1915
  • Co List Office Phone: 317-514-2403
  • Lot Size Acres: 0.123
  • Road Frontage Type: City Street
  • Structure Type: Duplex
  • Subdivision Name: ARMSTRONG
  • Inspection Warranties: Not Applicable
  • Property Description: Cash Flowing Property, ready for you to use as a rental, or live in one side while the other unit pays your rent. Home is located minutes from downtown Indianapolis in the near-west side neighborhood. Sip tea on the front porch or grill in the yard. This house has ample entertainment space for your summer cookouts. Photos are from before current tenant moved in.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: One, Basement
  • Owner Pays: Taxes, Sewer, Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 682
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 94900

Garage/Parking

  • Garage Spaces: 1
  • Unit Parking: 2 Car Garage

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490622102059000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Sidewalks
  • Lot Number: 11
  • Lot Size: 5358

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance, Lawncare

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 878
  • Semi Annual Property Tax Amt: 439
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2021
Closed on
Mar 16, 2021
Sold by
Berthon Jennifer L
Bought by
K2 Investments Inc
Seller's Agent
Christian Foy
Ethosity Property Management G
Buyer's Agent
Kristin Schlesinger
Keller Williams Indy Metro W
List Price
$94,900
Sold Price
$87,000
Premium/Discount to List
-$7,900
-8.32%
Current Estimated Value
$130,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,354
Avg. Annual Appreciation
9.27%

Purchase Details

Closed on
Sep 28, 2018
Sold by
Baa Investments Llc
Bought by
Berthon Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,800
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 24, 2017
Closed on
Oct 20, 2017
Seller's Agent
Douglas Thompson
Carpenter, REALTORS®
Buyer's Agent
Brooke Mergell
Keller Williams Indy Metro W
List Price
$29,500
Sold Price
$32,000
Premium/Discount to List
$2,500
8.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.30%
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 Buyer Sale Price Title Company
K2 Investments Inc -- Quality Title
Berthon Jennifer L -- Security Title Services
-- $32,000 --
Baa Investments Llc $32,000 Securty Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berthon Jennifer L $23,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $87,000 -8.3% $128 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $94,900 +196.6% $139 / Sq Ft
10/20/2017 10/20/17 Sold $32,000 -7.2% $47 / Sq Ft
09/29/2017 09/29/17 Pending -- -- --
09/28/2017 09/28/17 Price Changed $34,500 +16.9% $51 / Sq Ft
09/24/2017 09/24/17 For Sale $29,500 0.0% $43 / Sq Ft
03/07/2017 03/07/17 Rented $500 0.0% --
01/19/2017 01/19/17 For Rent $500 +2.0% --
07/13/2015 07/13/15 Rented $490 0.0% --
07/10/2015 07/10/15 Under Contract -- -- --
06/10/2015 06/10/15 For Rent $490 0.0% --
05/08/2015 05/08/15 Rented $490 0.0% --
04/29/2015 04/29/15 Under Contract -- -- --
03/12/2015 03/12/15 For Rent $490 -- --
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 $2,262 $77,400 $14,300 $63,100
2023 $2,262 $90,300 $14,300 $76,000
2022 $1,942 $89,900 $14,300 $75,600
2021 $977 $38,700 $3,000 $35,700
2020 $990 $39,200 $3,000 $36,200
2019 $879 $33,800 $3,000 $30,800
2018 $836 $31,800 $3,000 $28,800
2017 $618 $25,500 $3,000 $22,500
2016 $609 $25,700 $3,000 $22,700
2014 $495 $22,900 $3,000 $19,900
2013 $476 $22,900 $3,000 $19,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21767885

MIBOR Broker Listing Cooperative®

APN: 49-06-22-102-059.000-101