$176,000
SOLD APR 7, 2025
4 Beds
2 Baths
950 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$185 Per Sq Ft

12% Below List Price

82 Days on Market

About This Home

As of April 2025

Excellent investment opportunity just minutes from the Eli Lilly Technology Center and only 3 miles from Downtown Indianapolis! This fully leased duplex features professionally screened tenants and offers great rental income potential. Each unit includes a charming front porch, two spacious bedrooms upstairs, and one full bathroom. There is ample parking available in the rear. Unit 1360 is leased at $949/month, and Unit 1362 is leased at $999/month. The property is being sold "as is."

Last Agent to Sell the Property

Michael Moore

Trueblood Real Estate Brokerage Email: mmoore@truebloodre.com License #RB17000474 Listed on: 12/20/2024

Trueblood Real Estate

Last Buyer's Agent

Peter Stewart

Keller Williams Indpls Metro N License #RB15000083

Keller Williams Indpls Metro N

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,040

Year Built

  • Built in 1915

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • 2-Story Property
  • 4,792 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 491116105006000901
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,040

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1915
  • Lot Size Acres: 0.11
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 88000
  • MBR_AttributionContact: mmoore@truebloodre.com
  • Attribution Contact: mmoore@truebloodre.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 179999
  • View Y N: No
  • Waterfront: No
  • Road Access: County Rd

Utilities

  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Current Use: See Remarks
  • Lot Size Sq Ft: 4792
  • Parcel Number: 491116105006000901
  • Acres: <1/4 Acre
  • Price Acre: 1600000

Green Features

  • Green Certification Y N: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4040
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2024
Closed on
Apr 6, 2025
Sold by
Ad Ventures 4 Llc
Bought by
Wu Yuanxing Esther
Seller's Agent
Michael Moore
Trueblood Real Estate
Buyer's Agent
Peter Stewart
Keller Williams Indpls Metro N
List Price
$199,999
Sold Price
$176,000
Premium/Discount to List
-$23,999
-12%
Views
120
Current Estimated Value
$179,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,199
Avg. Annual Appreciation
4.38%
Original Mortgage
$132,000
Outstanding Balance
$131,426
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$47,773

Purchase Details

Listed on
Nov 5, 2021
Closed on
Jan 25, 2022
Sold by
Amilvikram Divadkar
Bought by
Ad Ventures 4 Llc
Seller's Agent
Ashley Wright
F.C. Tucker Company
Buyer's Agent
Christian Foy
Ethosity Property Management G
Sold Price
$171,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.89%
Original Mortgage
$153,900
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 5, 2021
Closed on
Jan 22, 2022
Sold by
Amilvikram Divadkar
Bought by
Ad Ventures 4 Llc
Seller's Agent
Ashley Wright
F.C. Tucker Company
Buyer's Agent
Christian Foy
Ethosity Property Management G
Sold Price
$171,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,900
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 5, 2021
Closed on
Jan 10, 2022
Sold by
Neal and Carly
Bought by
Divadkar Amilvikram
Seller's Agent
Ashley Wright
F.C. Tucker Company
Buyer's Agent
Christian Foy
Ethosity Property Management G
Sold Price
$171,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,900
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 5, 2021
Closed on
Dec 27, 2021
Sold by
Neal and Carly
Bought by
Divadkar Amilvikram
Seller's Agent
Ashley Wright
F.C. Tucker Company
Buyer's Agent
Christian Foy
Ethosity Property Management G
Sold Price
$171,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,900
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2020
Sold by
Das Properties Inc
Bought by
Neal Phillip and Neal Carly

Purchase Details

Closed on
Nov 10, 2020
Sold by
Al-Muhtaseb Samer
Bought by
Das Properties Inc

Purchase Details

Closed on
Nov 6, 2020
Sold by
Das Properties Llc
Bought by
Neal Phillip and Neal Carly

Purchase Details

Closed on
Nov 4, 2020
Sold by
Ai Muhtaseb Samer
Bought by
Das Properties Llc

Purchase Details

Closed on
Jul 27, 2018
Sold by
Dennis E Valianos Ii Revocable Trust Dated 10
Bought by
Samer Al-Muhtaseb

Purchase Details

Closed on
Nov 28, 2017
Bought by
Dennis E Valianos Ii Trustee Of The De

Purchase Details

Closed on
Nov 20, 2017

Purchase Details

Closed on
May 10, 2010
Sold by
Bollier Pamela and Cml Special Needs Trust
Bought by
Collingswood Home Management Llc

Purchase Details

Closed on
Sep 24, 2009
Sold by
Flint Emory L and Flint Phyllis
Bought by
Cml Special Needs Trust
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
Warranty Deed -- None Listed On Document
Quit Claim Deed -- Giles Law Group Llc
Quit Claim Deed -- Giles Law Group Llc
Warranty Deed -- None Listed On Document
Warranty Deed $171,000 None Listed On Document
Warranty Deed $21,500 Monument Title
Quit Claim Deed -- None Available
Deed $15,000 --
Deed $15,000 Hocker And Associates
Deed $62,500 --
Warranty Deed $62,500 Paramount Title Agency
Deed $31,000 --
Warranty Deed $31,000 Paramount Title Agency
Deed -- Integrity Title Services
Sheriffs Deed $7,801 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $132,000 New Conventional
Previous Owner $153,900 New Conventional
Previous Owner $153,900 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 Sold $176,000 -2.2% $185 / Sq Ft
03/12/2025 03/12/25 Pending -- -- --
02/19/2025 02/19/25 Price Changed $179,999 -5.3% $189 / Sq Ft
01/31/2025 01/31/25 Price Changed $189,999 -5.0% $200 / Sq Ft
12/20/2024 12/20/24 For Sale $199,999 0.0% $211 / Sq Ft
05/17/2024 05/17/24 Rented $999 0.0% --
05/09/2024 05/09/24 For Rent $999 +5.3% --
04/26/2024 04/26/24 Rented $949 0.0% --
04/18/2024 04/18/24 For Rent $949 0.0% --
12/31/2021 12/31/21 Sold $171,000 +3.7% $180 / Sq Ft
11/20/2021 11/20/21 Pending -- -- --
11/19/2021 11/19/21 For Sale -- -- --
11/11/2021 11/11/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $164,900 -- $174 / 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 $4,159 $184,700 $6,500 $178,200
2023 $4,159 $170,300 $6,500 $163,800
2022 $4,054 $170,300 $6,500 $163,800
2021 $3,055 $88,100 $6,500 $81,600
2020 $2,320 $75,600 $6,500 $69,100
2019 $4,294 $72,300 $6,500 $65,800
2018 $2,084 $62,300 $6,500 $55,800
2017 $1,395 $63,600 $6,500 $57,100
2016 $1,228 $57,000 $6,500 $50,500
2014 $1,109 $51,500 $6,500 $45,000
2013 $1,222 $53,200 $6,500 $46,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22015714

MIBOR Broker Listing Cooperative®

APN: 49-11-16-105-006.000-901