NOT LISTED FOR SALE

Estimated Value: $147,000 - $191,000

3 Beds
-- Bath
2,501 Sq Ft
$64/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $128,220 $51 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,123/month

2 Days on Market

About This Home

As of July 2023

This value-add opportunity awaits. Needs some TLC to make it a great cash-flow asset on Indy's Near East Side near a bus line. Each spacious unit offers 3 bedrooms, 1 bathroom, a large kitchen, and high ceilings. House has vinyl siding and vinyl replacement windows. Privacy fenced backyard and large covered porch. Will need a roof soon, and other repairs to polish it up. Estimated rent value for each unit is between $900-$1,000/mo. Metered separately for gas and electric. Water and sewer service is shared. Property is being sold in as is condition. Please, no sight unseen offers. Bring your contractor to look it over and make your offer.

Last Listed By

Jeremy Sandlin

F.C. Tucker Company License #RB14034603 Listed on: 05/09/2023

F.C. Tucker Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,778

Year Built

  • Built in 1880

Lot Details

  • 6,926

Home Design

  • Duplex
  • Fixer Upper
  • Brick Foundation

Basement

  • Basement Cellar
  • Laundry in Basement

Utilities

  • Forced Air Heating System
  • Dual Heating Fuel

Additional Features

  • 2-Story Property
  • 6,926 Sq Ft Lot

Community Details

  • Tuxedo Park Subdivision

Listing and Financial Details

  • The owner pays for insurance, taxes
  • Tax Lot 41
  • Assessor Parcel Number 491004119059000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,778

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1880
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: Tuxedo Park
  • Transaction Type: Sale
  • Website: www.XtremeIndyHomes.com
  • Conversion: Yes
  • MBR_AttributionContact: jeremy@talktotucker.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Cellar
  • Levels: Two
  • Owner Pays: Insurance, Taxes
  • Gross Area Sq Ft: 2501
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Brick
  • List Price: 124900
  • Property Condition: Fixer
  • Road Access: Frontage Road

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Heating: Dual, Forced Air
  • Laundry Features: In Basement
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 6926
  • Parcel Number: 491004119059000101
  • Zoning: Residential
  • Acres: <1/4 Acre
  • Price Acre: 801375

Green Features

  • Green Certification Y N: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1778
  • Tax Lot: 41
  • Semi Annual Property Tax Amt: 889
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2023
Closed on
Jul 6, 2023
Sold by
Montes Rentals Llc
Bought by
Hale Elisha
Seller's Agent
Jeremy Sandlin
F.C. Tucker Company
Buyer's Agent
Joe Bottorff
Doc Real Estate, Inc
List Price
$124,900
Sold Price
$128,220
Premium/Discount to List
$3,320
2.66%
Total Days on Market
2
Views
78
Current Estimated Value
$158,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,766
Avg. Annual Appreciation
12.19%
Original Mortgage
$108,987
Outstanding Balance
$106,917
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$52,069

Purchase Details

Closed on
Jun 20, 2019
Sold by
Montes Refugio and Castro Carmelina
Bought by
Montes Rentals Llc

Range of Values:

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Average Value
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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
Hale Elisha $128,220 None Listed On Document
Montes Rentals Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hale Elisha $108,987
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $128,220 +2.7% $51 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $124,900 -- $50 / 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 $2,847 $120,500 $8,400 $112,100
2023 $2,847 $114,200 $8,400 $105,800
2022 $2,747 $110,600 $8,400 $102,200
2021 $1,912 $77,100 $8,400 $68,700
2020 $1,896 $76,200 $2,600 $73,600
2019 $1,888 $74,500 $2,600 $71,900
2018 $1,825 $71,300 $2,600 $68,700
2017 $1,519 $65,700 $2,600 $63,100
2016 $1,370 $60,100 $2,600 $57,500
2014 $1,237 $57,200 $2,600 $54,600
2013 $1,571 $59,600 $2,600 $57,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21913575

MIBOR Broker Listing Cooperative®

APN: 49-10-04-119-059.000-101