$195,000
SOLD JUN 20, 2024

129 N 2nd Ave Beech Grove, IN 46107

-- Bed
-- Bath
1,122 Sq Ft
10,367 Sq Ft Lot

Recently Sold

$174 Per Sq Ft

2% Above List Price

18 Days on Market

Highlights

  • 2 Car Detached Garage
  • Laundry closet
  • 1-Story Property

About This Home

As of June 2024

Discover the perfect investment opportunity in Beech Grove with this duplex featuring two separate units, one is a two bed the other a three bed. Enjoy the benefits of dual rental income while residing in the vibrant Beech Grove community. Don't miss out on this versatile property with endless potential for investors or owner-occupants.

Last Agent to Sell the Property

Matthew Ford

eXp Realty, LLC Brokerage Email: matthew@pmiindy.com License #RB22002002

eXp Realty, LLC

Last Buyer's Agent

Sheng Min Chen

Real Broker, LLC License #RB24000409

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1934

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector
  • Laundry closet

Schools

  • Beech Grove Middle School
  • South Grove Intermediate School
  • Beech Grove Sr High School

Additional Features

  • 10,367 Sq Ft Lot
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for all utilities, garage/car port
  • Tax Lot 1087197
  • Assessor Parcel Number 491021109011000102

Property Details

Home Type

Multi-Family

Year Built

Built in 1934

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1934
  • Lot Size Acres: 0.24
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 97500
  • MBR_AttributionContact: matthew@pmiindy.com
  • Attribution Contact: matthew@pmiindy.com
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 191000
  • View Y N: No
  • Waterfront: No
  • Road Access: Not Applic

Garage/Parking

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

Utilities

  • Cooling: Central Electric
  • Heating: Gas
  • Laundry Features: Laundry Closet
  • Security Features: Smoke Alarm
  • Solid Waste: No

Fee Information

  • Expenses: 0

Schools

  • Middle Or Junior School: Beech Grove Middle School
  • MBR_IntermediateSchool: South Grove Intermediate School

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 10367
  • Parcel Number: 491021109011000102
  • Acres: <1/4 Acre
  • Price Acre: 812500

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: All Utilities, Garage/Car Port

Multi Family

  • Gross Income: 1936
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5440
  • Tax Lot: 1087197
  • Semi Annual Property Tax Amt: 2720

MLS Schools

  • High School: Beech Grove Sr High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
Jun 21, 2024
Sold by
Pkx Properties Llc
Bought by
Hsueh Yu-Che and Huang Tze-Yu
Seller's Agent
Matthew Ford
eXp Realty, LLC
Buyer's Agent
Sheng Min Chen
Real Broker, LLC
List Price
$191,000
Sold Price
$195,000
Premium/Discount to List
$4,000
2.09%
Total Days on Market
18
Views
43
Current Estimated Value
$197,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,670
Avg. Annual Appreciation
1.56%
Original Mortgage
$146,250
Outstanding Balance
$145,150
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$52,520

Purchase Details

Closed on
Oct 25, 2019
Sold by
Koro Development Llc
Bought by
Pkx 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
$122,400
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 7, 2019
Closed on
Mar 15, 2019
Sold by
K & G Investments
Bought by
Koro Developmnt Llc
Seller's Agent
Dennis Barrow
Keller Williams Indpls Metro N
Buyer's Agent
Fred Kincer
KORO Development, LLC
List Price
$109,900
Sold Price
$102,500
Premium/Discount to List
-$7,400
-6.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.27%

Map

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 $195,000 Chicago Title
Warranty Deed -- None Available
Warranty Deed $102,500 Abstract & Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $146,250 New Conventional
Previous Owner $122,400 Commercial
Previous Owner $104,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Sold $195,000 +2.1% $174 / Sq Ft
05/11/2024 05/11/24 Pending -- -- --
05/05/2024 05/05/24 For Sale $191,000 0.0% $170 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/22/2024 04/22/24 For Sale $191,000 +86.3% $170 / Sq Ft
03/15/2019 03/15/19 Sold $102,500 -6.7% $91 / Sq Ft
02/12/2019 02/12/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $109,900 -- $98 / 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
2024 $4,781 $192,700 $37,600 $155,100
2023 $4,781 $186,800 $37,600 $149,200
2022 $5,440 $189,900 $37,600 $152,300
2021 $4,075 $146,900 $37,600 $109,300
2020 $3,831 $146,900 $37,600 $109,300
2019 $3,049 $121,400 $19,100 $102,300
2018 $2,736 $112,800 $19,100 $93,700
2017 $2,631 $105,000 $19,100 $85,900
2016 $2,516 $101,400 $19,100 $82,300
2014 $2,284 $97,000 $19,100 $77,900
2013 $2,263 $97,000 $19,100 $77,900
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21975148

MIBOR Broker Listing Cooperative®

APN: 49-10-21-109-011.000-102