Seller's Agent in 2025
Nathaniel Cromlich
CENTURY 21 Scheetz
(317) 537-1597
1 in this area
27 Total Sales
1363 Blaine Ave Indianapolis, IN 46221
West Indianapolis Neighborhood
7
Beds
4
Baths
--
Sq Ft
5,130
Sq Ft Lot
About This Home
As of May 2025Discover a fantastic investment opportunity with this remodeled, cash-flowing 4-unit apartment building located in the heart of Indianapolis. Whether you're an experienced investor or a first-time buyer, this property is a must-see. Each unit has been thoughtfully updated with modern finishes, including new flooring, fresh paint, updated kitchens with stainless steel appliances, and renovated bathrooms. Three units are currently rented with stable tenants, generating consistent rental income. Unit 4 is vacant and ready for a new tenant! This property is ideal for investors looking to secure immediate returns. Conveniently situated in a vibrant and growing neighborhood, with easy access to public transportation, shopping, dining, and entertainment. Enjoy the benefits of Indianapolis' thriving rental market. Includes off-street parking for tenants and a shared outdoor area for relaxation or entertainment. The recent renovations ensure that the property is in excellent condition, reducing the need for immediate repairs or upgrades. With the increasing demand for rental properties in Indianapolis, this building is poised to provide long-term, reliable cash flow and value appreciation. Don't miss out on this incredible opportunity to own a turnkey, cash-flowing 4-unit property in a prime Indianapolis location. Schedule a showing today to see the potential firsthand!
Last Agent to Sell the Property
CENTURY 21 Scheetz Brokerage Email: nate@c21scheetz.com License #Rb22002502 Listed on: 04/02/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,174
Year Built
- Built in 1950 | Remodeled
Home Design
- Quadruplex
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Additional Features
- 1-Story Property
- 5,130 Sq Ft Lot
- Basement
Listing and Financial Details
- Tax Lot 101
- Assessor Parcel Number 491115100111000101
- Seller Concessions Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 2, 2025
Closed on
May 15, 2025
Sold by
Nawaz Zahio M and Z And S Brothers Llc
Bought by
Bolofnetworks Llc
Seller's Agent
Nathaniel Cromlich
CENTURY 21 Scheetz
Buyer's Agent
Jocelyn Deal
eXp Realty LLC
List Price
$449,900
Sold Price
$420,000
Premium/Discount to List
-$29,900
-6.65%
Views
36
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.43%
Original Mortgage
$336,000
Outstanding Balance
$335,703
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$84,064
Purchase Details
Closed on
Apr 13, 2017
Sold by
Moore Kurtland D
Bought by
Nawaz Zahid M
Purchase Details
Closed on
Jul 12, 2013
Sold by
Scott Deborah
Bought by
Moore Kurtland D
Purchase Details
Closed on
Jun 11, 2011
Sold by
Clements Tina M
Bought by
Sheean Joseph D
Purchase Details
Closed on
Sep 18, 2009
Sold by
Scott Sharon G
Bought by
Scott James and Scott Ledona
Purchase Details
Closed on
Apr 21, 2008
Sold by
Dillehay William C
Bought by
Scott Sharon G
Purchase Details
Closed on
Dec 13, 2007
Sold by
York Greg M
Bought by
Dillehay William C
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Deed | $65,000 | -- | |
| Quit Claim Deed | $65,000 | -- | |
| Deed | $65,000 | -- | |
| Deed | $50,000 | -- | |
| Personal Reps Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $336,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | Price Changed | $975 | -2.5% | $1 / Sq Ft |
| 07/08/2025 07/08/25 | For Rent | $1,000 | 0.0% | -- |
| 07/07/2025 07/07/25 | Off Market | $1,000 | -- | -- |
| 07/01/2025 07/01/25 | For Rent | $1,000 | 0.0% | -- |
| 05/15/2025 05/15/25 | Sold | $420,000 | -6.6% | -- |
| 04/07/2025 04/07/25 | Pending | -- | -- | -- |
| 04/02/2025 04/02/25 | For Sale | $449,900 | -- | -- |
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 | $1,680 | $112,400 | $10,700 | $101,700 |
| 2023 | $1,680 | $66,900 | $5,400 | $61,500 |
| 2022 | $1,311 | $53,000 | $5,400 | $47,600 |
| 2021 | $1,176 | $47,200 | $4,900 | $42,300 |
| 2020 | $1,262 | $53,200 | $4,900 | $48,300 |
| 2019 | $1,579 | $51,100 | $4,900 | $46,200 |
| 2018 | $3,805 | $51,100 | $4,900 | $46,200 |
| 2017 | $1,126 | $49,500 | $4,900 | $44,600 |
| 2016 | $1,035 | $47,000 | $4,900 | $42,100 |
| 2014 | $1,005 | $46,500 | $4,900 | $41,600 |
| 2013 | $967 | $46,500 | $4,900 | $41,600 |
Source: Public Records
Agents Affiliated with this Home
-
Nathaniel Cromlich
-
Jocelyn Deal
Buyer's Agent in 2025
Jocelyn Deal
eXp Realty LLC
(317) 777-1367
3 in this area
301 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22027594
APN: 49-11-15-100-111.000-101
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.
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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