1338 S Talbott St Indianapolis, IN 46225
Old Southside NeighborhoodEstimated Value: $224,812 - $309,000
2
Beds
1
Bath
630
Sq Ft
$453/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- 1-Story Property
- 5-minute walk to Kelly Park
About This Home
As of December 2022Old Southside Duplex! Fully furnished and ready for your Airbnb/STR business expansion, rent out each side at market rate rents, or live in one side and have the other pay for your mortgage! Originally built as a duplex so there is zero sound carryover between each side with block walls dividing them. Each side has a fully finished basement with a second sizable bedroom, living room, and laundry room, individual HVAC, smart thermostats and electric meters. Hardwood flooring on both sides and a fully fenced and divided rear yard. Each side has a one-car garage.
Last Agent to Sell the Property
Cory Gardner
Gardner Property Group Listed on: 10/25/2022
Last Buyer's Agent
Stefan Bean
@properties
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,688
Year Built
- Built in 1940
Lot Details
- 4,966 Sq Ft Lot
- Back Yard Fenced
Home Design
- Traditional Architecture
- Shingle Siding
Interior Spaces
- 1-Story Property
- Basement
Community Details
- Mc Cartys Subdivision
Listing and Financial Details
- Tenant pays for rent only
- The owner pays for insurance, taxes, trash collection, all utilities
- Assessor Parcel Number 491113146115000101
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 21, 2023
Sold by
Hussain Adnan and Hussain Maureen
Bought by
Rbh Indiana Llc-S-1338 St Protected Series
Total Days on Market
7
Current Estimated Value
Purchase Details
Listed on
Oct 25, 2022
Closed on
Dec 12, 2022
Sold by
Waz Investments Llc
Bought by
Hussain Adnan and Brocks-Hussain Maureen
Seller's Agent
Cory Gardner
Gardner Property Group
Buyer's Agent
Stefan Bean
@properties
List Price
$289,000
Sold Price
$275,000
Premium/Discount to List
-$14,000
-4.84%
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.54%
Original Mortgage
$206,250
Interest Rate
6.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 22, 2018
Purchase Details
Closed on
Sep 9, 2011
Sold by
Smith Joseph R and Smith Mary Jo
Bought by
Jo Mary and Smith Joseph R
Purchase Details
Closed on
Oct 4, 2010
Sold by
Helena Land Company Llc
Bought by
Smith Joseph R and Smith Mary Jo
Purchase Details
Closed on
Dec 2, 2009
Sold by
Stonecrest Investments Llc
Bought by
Helena Land Company Llc
Purchase Details
Closed on
Feb 26, 2009
Sold by
American Home Mortgage Servicing Inc
Bought by
Stonecrest Investments Llc
Purchase Details
Closed on
Dec 22, 2008
Sold by
Farrell Joseph R
Bought by
American Home Mortgage Servicing Inc and Ah Mortgage Acquisition Co Inc
Purchase Details
Closed on
May 23, 2006
Sold by
Seehaver Charles and Seehaver Cheryl
Bought by
Farrell Ii Joseph R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.72%
Mortgage Type
Land Contract Argmt. Of Sale
Similar Homes in Indianapolis, IN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rbh Indiana Llc-S-1338 St Protected Series | -- | None Listed On Document | |
| Hussain Adnan | $275,000 | Foundation Title | |
| -- | $73,000 | -- | |
| Waz Investments Llc | $73,000 | First American Title | |
| Jo Mary | -- | None Available | |
| Smith Joseph R | -- | Landquest Title Group | |
| Helena Land Company Llc | $4,415 | None Available | |
| Stonecrest Investments Llc | $3,076 | None Available | |
| American Home Mortgage Servicing Inc | $10,676 | None Available | |
| Farrell Ii Joseph R | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hussain Adnan | $206,250 | |
| Previous Owner | Waz Investments Llc | $54,600 | |
| Previous Owner | Farrell Ii Joseph R | $48,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/02/2022 12/02/22 | Sold | $275,000 | -4.8% | $437 / Sq Ft |
| 11/02/2022 11/02/22 | Pending | -- | -- | -- |
| 10/25/2022 10/25/22 | For Sale | $289,000 | -- | $459 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $5,384 | $234,100 | $8,500 | $225,600 |
| 2023 | $5,384 | $223,300 | $8,100 | $215,200 |
| 2022 | $2,074 | $84,200 | $8,100 | $76,100 |
| 2021 | $1,688 | $69,500 | $8,100 | $61,400 |
| 2020 | $1,541 | $63,000 | $8,100 | $54,900 |
| 2019 | $1,216 | $48,100 | $3,900 | $44,200 |
| 2018 | $1,206 | $47,300 | $3,900 | $43,400 |
| 2017 | $1,030 | $44,900 | $3,900 | $41,000 |
| 2016 | $950 | $42,100 | $3,900 | $38,200 |
| 2014 | $837 | $38,700 | $3,900 | $34,800 |
| 2013 | $751 | $36,100 | $3,900 | $32,200 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Cory Gardner
Gardner Property Group
(260) 705-7325
3 in this area
54 Total Sales
-
Buyer's Agent in 2022
Stefan Bean
@properties
(317) 507-9552
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21890121
APN: 49-11-13-146-115.000-101
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