NOT LISTED FOR SALE

1314 Medford Ave Indianapolis, IN 46222

Haughville Neighborhood

Estimated Value: $135,000

2 Beds
1 Bath
588 Sq Ft
$230/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $300,000 $510 Per Sq Ft

Current estimated payment $941/month

1 Day on Market

About This Home

As of December 2020

Amazing opportunity to invest in Indianapolis with these five duplexes all on the same street. Low maintenance all-brick exterior, solid surface flooring and tenant paying all utilities are just a few of the highlights. Many updates over the last few years. Reach out to add this package to your portfolio today!

Last Agent to Sell the Property

Cory Robinson

CityPlace Realty License #RB17001811 Listed on: 11/30/2020

Last Buyer's Agent

Keith Farabee

CityPlace Realty License #RB14036865

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,412

Year Built

  • Built in 1950

Lot Details

  • 5,053

Home Design

  • Brick Exterior Construction
  • Block Foundation

Additional Features

  • 1-Story Property
  • 5,053 Sq Ft Lot
  • Basement

Community Details

  • Walkerhurst Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for taxes, no utilities
  • Assessor Parcel Number 490633133038000901

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,412

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1950
  • Lot Size Acres: 0.116
  • Structure Type: Duplex
  • Subdivision Name: WALKERHURST
  • Inspection Warranties: Not Applicable
  • Property Description: Amazing opportunity to invest in Indianapolis with these five duplexes all on the same street. Low maintenance all-brick exterior, solid surface flooring and tenant paying all utilities are just a few of the highlights. Many updates over the last few years. Reach out to add this package to your portfolio today!
  • Transaction Type: Sale
  • Unit Count: 1
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: One
  • Owner Pays: Taxes, No Utilities
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Block, Full
  • List Price: 300000

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 490633133038000901
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks
  • Lot Number: 31
  • Lot Size: 5,053

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: 1412
  • Semi Annual Property Tax Amt: 706
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2021
Sold by
Rickey Jon
Bought by
Indy Boo Boo Llc
Current Estimated Value
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,699,000
Outstanding Balance
$2,471,800
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
-$2,346,321

Purchase Details

Listed on
Nov 30, 2020
Closed on
Dec 18, 2020
Sold by
Cairnglas Group Indiana Llc
Bought by
Rickey Jon
Seller's Agent
Cory Robinson
CityPlace Realty
Buyer's Agent
Keith Farabee
CityPlace Realty
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-16.96%

Purchase Details

Closed on
Jan 31, 2017
Sold by
John R Gibson Manager Of
Bought by
David Brown Member Of

Purchase Details

Listed on
Sep 14, 2016
Closed on
Nov 9, 2016
Sold by
Wiley Edmund R
Seller's Agent
Derrick Team Derrick
Carpenter, REALTORS®
Buyer's Agent
Gary Boehle
Titan Real Estate, LLC
List Price
$37,000
Sold Price
$32,000
Premium/Discount to List
-$5,000
-13.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.80%
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
Indy Boo Boo Llc -- None Available
Rickey Jon -- None Available
David Brown Member Of $117,500 --
-- $32,000 --
Wiley Edmund R -- None Available
Great Lakes Reserves Llc -- None Available
Oceanpointe Investments Limited -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Indy Boo Boo Llc $2,699,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $300,000 0.0% $510 / Sq Ft
12/02/2020 12/02/20 Pending -- -- --
11/30/2020 11/30/20 For Sale $300,000 +837.5% $510 / Sq Ft
11/09/2016 11/09/16 Sold $32,000 -13.5% $54 / Sq Ft
10/26/2016 10/26/16 Pending -- -- --
09/14/2016 09/14/16 For Sale $37,000 -- $63 / 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 $2,471 $108,300 $3,500 $104,800
2023 $2,471 $99,900 $3,500 $96,400
2022 $2,407 $99,900 $3,500 $96,400
2021 $1,619 $65,900 $3,500 $62,400
2020 $1,406 $56,500 $3,500 $53,000
2019 $1,369 $53,900 $3,500 $50,400
2018 $1,198 $46,300 $3,500 $42,800
2017 $1,090 $46,900 $3,500 $43,400
2016 $963 $41,900 $3,500 $38,400
2014 $815 $37,700 $3,500 $34,200
2013 $900 $38,900 $3,500 $35,400
Source: Public Records

Agents Affiliated with this Home

  • Cory Robinson

    Seller's Agent in 2020

    Cory Robinson

    CityPlace Realty

    (317) 440-8510

    1 in this area

    62 Total Sales

    Cory Robinson
    Section Image
  • Keith Farabee

    Buyer's Agent in 2020

    Keith Farabee

    CityPlace Realty

    (317) 503-0788

    1 in this area

    7 Total Sales

    Keith Farabee
    Section Image

  • D

    Seller's Agent in 2016

    Derrick Team Derrick

    Carpenter, REALTORS®

    Section Image

  • C

    Seller Co-Listing Agent in 2016

    Connie Derrick

    Carpenter, REALTORS®

    Section Image

  • G

    Buyer's Agent in 2016

    Gary Boehle

    Titan Real Estate, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21755135

MIBOR Broker Listing Cooperative®

APN: 49-06-33-133-039.000-901

Indiana Marion County Indianapolis 46222 Haughville

1314 Medford Ave, Indianapolis, IN

This home is located at 1314 Medford Ave, Indianapolis, IN 46222 since 30 November 2020 and is currently estimated at $135,000, approximately $229 per square foot. This property was built in 1950. 1314 Medford Ave is a home located in Marion County with nearby schools including Riverside School 44, Northwest Middle School, and George Washington Community High School (9-12).

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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