$130,000
SOLD JAN 4, 2023
-- Bed
-- Bath
994 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$131 Per Sq Ft

7% Below List Price

12 Days on Market

About This Home

As of January 2023

DON'T MISS this amazing opportunity in Brookside! Latest rents were bringing in $1475/month in rent, this is a rare investment opportunity that meets the 1% investor rule. Or move into one of the sides and let the other side cover a good portion of your mortgage. Located close to Brookside Park and less than 10 minutes from the Bottleworks district, this property is in an ideal location for however you plan to use it. Opportunities like this don't present themselves everyday!

Last Agent to Sell the Property

Andrew Kirk

@properties Listed on: 10/13/2022

@properties

Co-Listed By

Phil Kirk

@properties

Last Buyer's Agent

Peter Stewart

Peter Stewart Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,332

Year Built

  • Built in 1916

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space

Community Details

  • Fletcher South Brookside Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for no utilities
  • Assessor Parcel Number 490732103230000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,332

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1916
  • Co List Office Phone: 317-489-3441
  • Lot Size Acres: 0.14
  • Structure Type: Duplex
  • Subdivision Name: FLETCHER SOUTH BROOKSIDE
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • MBR_AttributionContact: dkirk@atpropertiesind.com
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: No Utilities
  • Sq Ft Main Upper: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Crawl Space
  • List Price: 140000

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 490732103230000101
  • Acres: <1/4 Acre
  • Lot Information: Access Street,Sidewalks
  • Lot Number: 3
  • Lot Size: 40x152

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1332
  • Semi Annual Property Tax Amt: 666
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2023
Sold by
Mendoza Anna M
Bought by
Mendoza Family Rentals Llc
Current Estimated Value
$145,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Outstanding Balance
$162,807
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
-$3,472

Purchase Details

Listed on
Oct 13, 2022
Closed on
Jan 4, 2023
Sold by
Redemption Homes Trust
Bought by
Mendoza Anna M
Seller's Agent
Andrew Kirk
@properties
Buyer's Agent
Peter Stewart
Peter Stewart Realty LLC
List Price
$140,000
Sold Price
$130,000
Premium/Discount to List
-$10,000
-7.14%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%
Original Mortgage
$134,500
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2019
Closed on
Aug 9, 2019
Sold by
Talanton Properties Llc
Bought by
Redemption Home Trust
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Phil Kirk
@properties
List Price
$68,500
Sold Price
$63,000
Premium/Discount to List
-$5,500
-8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.75%

Purchase Details

Closed on
Jan 10, 2018

Purchase Details

Closed on
Jun 16, 2015
Sold by
Castillo Luis A
Bought by
Acquisitions 2013 Llc

Purchase Details

Closed on
Sep 1, 2006
Sold by
Karen Krach Llc
Bought by
Scastillo Luis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,550
Interest Rate
7.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 20, 2006
Sold by
Helms Karen Krach
Bought by
Karen Krach Llc

Purchase Details

Closed on
Jan 6, 2006
Sold by
Helms Karen Krach
Bought by
Karen Krach Llc

Purchase Details

Closed on
Jun 22, 2005
Sold by
New Century Mortgage Corp
Bought by
Helms Karen Krach

Purchase Details

Closed on
Mar 24, 2005
Sold by
Rose Timothy L and Kpedi Andy
Bought by
New Century Mortgage Corp
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 Type Sale Price Title Company
Quit Claim Deed -- Chicago Title
Deed -- Chicago Title
Warranty Deed -- None Available
Deed $18,000 --
Warranty Deed $18,000 Monument Title
Warranty Deed $18,000 Monument Title
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $5,689 None Available
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Special Warranty Deed -- Security Title Services
Sheriffs Deed $35,200 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $165,000 New Conventional
Previous Owner $134,500 New Conventional
Previous Owner $0 No Value Available
Previous Owner $53,550 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2023 03/27/23 Rented $875 +2.9% --
03/27/2023 03/27/23 Under Contract -- -- --
03/21/2023 03/21/23 For Rent $850 0.0% --
01/04/2023 01/04/23 Sold $130,000 -7.1% $131 / Sq Ft
11/18/2022 11/18/22 For Sale $140,000 0.0% $141 / Sq Ft
10/25/2022 10/25/22 Pending -- -- --
10/20/2022 10/20/22 For Sale $140,000 0.0% $141 / Sq Ft
10/15/2022 10/15/22 Pending -- -- --
10/13/2022 10/13/22 For Sale $140,000 +122.2% $141 / Sq Ft
08/13/2019 08/13/19 Sold $63,000 -5.8% $63 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
07/25/2019 07/25/19 Price Changed $66,900 -2.3% $67 / Sq Ft
06/05/2019 06/05/19 For Sale $68,500 -- $69 / 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 $3,282 $142,100 $6,500 $135,600
2023 $3,282 $134,100 $6,500 $127,600
2022 $1,892 $75,900 $6,500 $69,400
2021 $1,430 $57,700 $6,500 $51,200
2020 $1,385 $55,600 $2,800 $52,800
2019 $1,357 $53,400 $2,800 $50,600
2018 $1,329 $51,800 $2,800 $49,000
2017 $1,164 $50,400 $2,800 $47,600
2016 $2,184 $49,800 $2,800 $47,000
2014 $1,021 $47,200 $2,800 $44,400
2013 $946 $45,500 $2,800 $42,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21887737

MIBOR Broker Listing Cooperative®

APN: 49-07-32-103-230.000-101