NOT LISTED FOR SALE

1318 N Parker Ave Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $134,000 - $142,000

4 Beds
-- Bath
1,400 Sq Ft
$99/Sq Ft Est. Value

Last Sold April 12, 2018

Last sale price $62,000 $44 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $970/month

264 Days on Market

About This Home

As of April 2018

Large spacious units make these appealing to tenants and a money-maker for an owner! Each unit has 2 large bedrooms! Many updates have been made in the past several years. Unit 1318 lease from 12/1/2016 to 11/30/2017 paying $650 a month. Unit 1320 lease from 11/14/2016 to 11/30/2017 paying $650 a month

Last Agent to Sell the Property

Charlene Gaard

No Limit Real Estate, LLC License #RB14033327 Listed on: 05/09/2017

Last Buyer's Agent

Larry Gates

Gates Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,280

Year Built

  • Built in 1916

Lot Details

  • 5,663

Home Design

  • Block Foundation
  • Vinyl Construction Material

Additional Features

  • 2-Story Property
  • 5,663 Sq Ft Lot
  • Basement

Community Details

  • Vajens South Brookside Subdivision

Listing and Financial Details

  • Tenant pays for notapplic
  • The owner pays for insurance, taxes, sewer, water
  • Assessor Parcel Number 490732193041000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,280

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Doub-Duplx
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1916
  • Lot Size Acres: 0.13
  • Subdivision Name: VAJENS SOUTH BROOKSIDE
  • Inspection Warranties: Not Applicable
  • Property Description: Large spacious units make these appealing to tenants and a money-maker for an owner! Each unit has 2 large bedrooms! Many updates have been made in the past several years. Unit 1318 lease from 12/1/2016 to 11/30/2017 paying $650 a month. Unit 1320 lease from 11/14/2016 to 11/30/2017 paying $650 a month
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: Insurance, Taxes, Sewer, Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 64900
  • Construction Stage: Resale

Garage/Parking

  • Unit Parking: On Street,Unpaved

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 490732193041000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street
  • Lot Number: 205
  • Lot Size: 6098

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: NotApplic

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1280
  • Semi Annual Property Tax Amt: 640
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2017
Closed on
Apr 5, 2018
Sold by
Loan Thi Vu
Bought by
Larry Gates Manager
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Larry Gates
Gates Real Estate Services
List Price
$64,900
Sold Price
$62,000
Premium/Discount to List
-$2,900
-4.47%
Current Estimated Value
$138,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,000
Avg. Annual Appreciation
15.68%

Purchase Details

Listed on
Apr 27, 2015
Closed on
Jun 1, 2015
Sold by
Sma Investments Llc
Bought by
Vu Loan Thi
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Charlene Gaard
No Limit Real Estate, LLC
List Price
$64,900
Sold Price
$59,000
Premium/Discount to List
-$5,900
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.74%
Original Mortgage
$35,000
Interest Rate
3.68%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 18, 2014
Sold by
Us Real Estate Holdings Llc
Bought by
Us Real Estate Holdings Iii Llc

Purchase Details

Closed on
Apr 13, 2011
Sold by
Hicks Larry and Apex Capital Ltd
Bought by
Sma Investments Llc

Purchase Details

Closed on
Aug 21, 2006
Sold by
Deutsche Bank National Trust Company
Bought by
Hicks Realty Llc

Purchase Details

Closed on
Jul 7, 2006
Sold by
Mitchell Michael J
Bought by
Deutsche Bank National Trust Company
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
Larry Gates Manager $62,000 --
Brookside Holdings Llc $62,000 Meridian Title Corporation
Vu Loan Thi -- Mtc
Us Real Estate Holdings Iii Llc -- None Available
Sma Investments Llc $5,000 None Available
Hicks Realty Llc -- None Available
Deutsche Bank National Trust Company $64,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sma Investments Llc $35,000
Previous Owner Sma Investments Llc $50,000
Previous Owner Hicks Larry D $18,959
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2018 04/12/18 Sold $62,000 -4.5% $44 / Sq Ft
01/29/2018 01/29/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $64,900 0.0% $46 / Sq Ft
12/18/2017 12/18/17 Pending -- -- --
11/10/2017 11/10/17 For Sale $64,900 +4.7% $46 / Sq Ft
11/08/2017 11/08/17 Off Market $62,000 -- --
11/01/2017 11/01/17 For Sale $64,900 0.0% $46 / Sq Ft
10/11/2017 10/11/17 Pending -- -- --
08/14/2017 08/14/17 For Sale $64,900 0.0% $46 / Sq Ft
07/16/2017 07/16/17 Pending -- -- --
05/09/2017 05/09/17 For Sale $64,900 +10.0% $46 / Sq Ft
05/28/2015 05/28/15 Sold $59,000 -9.1% $84 / Sq Ft
05/25/2015 05/25/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $64,900 -- $93 / 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 $2,610 $110,200 $20,200 $90,000
2023 $2,610 $105,000 $20,200 $84,800
2022 $2,649 $107,200 $20,200 $87,000
2021 $2,059 $84,200 $20,200 $64,000
2020 $1,708 $68,800 $2,800 $66,000
2019 $1,675 $66,200 $2,800 $63,400
2018 $1,640 $64,200 $2,800 $61,400
2017 $1,430 $62,200 $2,800 $59,400
2016 $2,133 $61,600 $2,800 $58,800
2014 $1,267 $58,600 $2,800 $55,800
2013 -- $56,500 $2,800 $53,700
Source: Public Records

Agents Affiliated with this Home

  • Charlene Gaard

    Seller's Agent in 2018

    Charlene Gaard

    No Limit Real Estate, LLC

    (317) 440-2149

    45 in this area

    279 Total Sales

    Charlene Gaard
    Section Image

  • L

    Buyer's Agent in 2018

    Larry Gates

    Gates Real Estate Services

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21484727

MIBOR Broker Listing Cooperative®

APN: 49-07-32-193-041.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

1318 N Parker Ave, Indianapolis, IN

This home is located at 1318 N Parker Ave, Indianapolis, IN 46201 since 09 May 2017 and is currently estimated at $138,000, approximately $98 per square foot. This property was built in 1916. 1318 N Parker Ave is a home located in Marion County with nearby schools including Brookside School 54, Arlington Community Middle School, and Arsenal Technical High School.

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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