NOT LISTED FOR SALE

1338 E Market St Indianapolis, IN 46202

Holy Cross Neighborhood
3 Beds
-- Bath
2,636 Sq Ft
35 Sq Ft Lot

Last Sold June 20, 2023

Last sale price $240,000 $91 Per Sq Ft

24 Days on Market

Highlights

  • Traditional Architecture
  • Laundry Facilities
  • 5-minute walk to Highland Park Playground
  • Corner Lot

About This Home

As of June 2023

Unique opportunity to own a 4-plex with walkability to downtown Indianapolis and excellent cash flow. Will make a wonderful short-term or mid-term rental. Units have dedicated kitchens and baths with separate entrances to each unit making this property a perfect investment. This property is comprised of one two-bedroom apartment, two one-bedroom apartments, and one studio. Zoning may allow for commercial use as well. Best investment opportunity in Indianapolis right now. 2 units currently rented month to month, the vacant units need updated.

Last Agent to Sell the Property

Dustin Kelly

Trueblood Real Estate License #RB14049181 Listed on: 04/20/2023

Trueblood Real Estate

Last Buyer's Agent

CHRISTOPHER BOTTORFF

Brick Street Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,094

Year Built

  • Built in 1900

Lot Details

  • 35 Sq Ft Lot
  • Corner Lot

Home Design

  • Quadruplex
  • Traditional Architecture
  • Block Foundation
  • Concrete Perimeter Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Basement

Community Details

  • Lathams Subdivision
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 491006160012000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,094

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Fourplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1900
  • Lot Size Acres: 0.11
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Quadruplex
  • Subdivision Name: Lathams
  • Transaction Type: Sale
  • Conversion: Yes
  • MBR_AttributionContact: Dustin.kelly@live.com
  • Multi Rooms: 9
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Basement, Two
  • Gross Area Sq Ft: 3602
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Vinyl With Brick, Other
  • Foundation Details: Block, Concrete Perimeter
  • List Price: 245000
  • Road Access: Frontage Road

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Laundry Features: Common Laundry
  • Solid Waste: Yes

Fee Information

  • Expenses: 1000

Lot Info

  • Lot Features: Access, Corner Lot, Sidewalks, Street Lights
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 35
  • Parcel Number: 491006160012000101
  • Zoning: d8
  • Acres: <1/4 Acre
  • Price Acre: 2181818.18181818

Green Features

  • Green Certification Y N: No

Multi Family

  • Gross Income: 15000
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4094
  • Tax Block: 0
  • Tax Lot: 6
  • Semi Annual Property Tax Amt: 2047
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
May 17, 2023
Sold by
Ga Investments Llc
Bought by
Stonecroft Real Estate Llc
Seller's Agent
Dustin Kelly
Trueblood Real Estate
Buyer's Agent
CHRISTOPHER BOTTORFF
Brick Street Real Estate LLC
List Price
$245,000
Sold Price
$240,000
Premium/Discount to List
-$5,000
-2.04%
Views
98

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,345
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2023
Sold by
Tcj Investments Llc
Bought by
Ga Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,345
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2023
Sold by
Chen Chi Chung and Chen Chien Hui
Bought by
Tcj Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,345
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Chen Chi-Chung and Chen Chien-Hul

Purchase Details

Closed on
Jan 22, 2007
Sold by
Burres Cynthia and Aspen Group Llc
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jun 2, 2005
Sold by
Ccmt Financial Llc
Bought by
Burres Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,200
Interest Rate
5.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2004
Sold by
Sanchez Ruben
Bought by
Ccmt Financial Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,800
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Stonecroft Real Estate Llc $240,000 None Listed On Document
Ga Investments Llc -- --
Tcj Investments Llc -- None Listed On Document
Chen Chi-Chung -- None Available
Deutsche Bank National Trust Company $117,987 None Available
Burres Cynthia -- None Available
Ccmt Financial Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stonecroft Real Estate Llc $420,000
Closed Stonecroft Real Estate Llc $340,345
Closed Ga Investments Llc $180,000
Previous Owner Chen Chichung $250,000
Previous Owner Burres Cynthia $106,200
Previous Owner Ccmt Financial Llc $20,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2023 06/20/23 Sold $240,000 -2.0% $91 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $245,000 0.0% $93 / Sq Ft
04/22/2023 04/22/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $245,000 -- $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 $3,194 $206,700 $4,800 $201,900
2023 $3,194 $126,900 $4,800 $122,100
2022 $4,275 $100,100 $4,800 $95,300
2021 $4,275 $177,500 $40,000 $137,500
2020 $811 $35,000 $17,600 $17,400
2019 $810 $34,300 $17,600 $16,700
2018 $966 $33,200 $17,600 $15,600
2017 $857 $32,200 $17,600 $14,600
2016 $681 $31,400 $17,600 $13,800
2014 $690 $31,900 $17,600 $14,300
2013 $550 $31,500 $17,600 $13,900
Source: Public Records

Agents Affiliated with this Home

  • Dustin Kelly

    Seller's Agent in 2023

    Dustin Kelly

    Trueblood Real Estate

    (317) 370-6700

    2 in this area

    67 Total Sales

    Dustin Kelly
    Section Image

  • C

    Buyer's Agent in 2023

    CHRISTOPHER BOTTORFF

    Brick Street Real Estate LLC

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21916732

MIBOR Broker Listing Cooperative®

APN: 49-10-06-160-012.000-101

Indiana Marion County Indianapolis 46201 Holy Cross

1338 E Market St, Indianapolis, IN

This home is located at 1338 E Market St, Indianapolis, IN 46202 since 20 April 2023. This property was built in 1900. 1338 E Market St is a home located in Marion County with nearby schools including Washington Irving School 14, Arsenal Technical High School, and George Washington Community High School No. 721.

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.

Nearby Homes