$53,000
SOLD SEP 25, 2012

1406 Phillips Dr Indianapolis, IN 46241

Stout Field Neighborhood
-- Bed
-- Bath
-- Sq Ft
0.3 Acres

Recently Sold

About This Home

As of November 2020

Great investement property. Brick double with excellent cash flow!

Last Agent to Sell the Property

Larry Norris

Norris Realty Listed on: 11/29/2011

Last Buyer's Agent

Deborah Morris

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,308

Year Built

  • Built in 1967

Home Design

  • Duplex
  • Brick Exterior Construction

Laundry

  • Washer and Dryer Hookup

Community Details

  • Ragland Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for no utilities, taxes
  • Tax Lot 31
  • Assessor Parcel Number 491118101017000900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,308

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2011
  • Year Built: 1967
  • Structure Type: Duplex
  • Subdivision Name: Ragland
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: LDN56RE@gmail.com
  • Special Features: 12

Interior Features

  • Owner Pays: No Utilities, Taxes
  • Upper Level Sq Ft: 0
  • SqFt Total: 0

Exterior Features

  • Construction Materials: Brick
  • List Price: 53000

Garage/Parking

  • Unit Parking: Unpaved

Utilities

  • Utilities: Cable Connected, Sewer Connected, Water Connected
  • Laundry Features: Connections All
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Access
  • Additional Parcels: No
  • Parcel Number: 491118101017000900
  • Acres: 1/4-1/2 Acre

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 12360
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1308
  • Tax Lot: 31
  • Semi Annual Property Tax Amt: 654
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2020
Closed on
Nov 12, 2020
Sold by
Weerts Kenneth W and Weerts Joan M
Bought by
Westside Enterprises Llc
Seller's Agent
Joan Weerts
Berkshire Hathaway Home
Buyer's Agent
Justin Wawrzyniak
S & R Realty, LLC
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$234,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$65,754
Avg. Annual Appreciation
-6.00%

Purchase Details

Listed on
Nov 29, 2011
Closed on
Sep 25, 2012
Sold by
Arbuckle Lisa D
Bought by
Weerts Kenneth W and Weerts Joan M
Seller's Agent
Larry Norris
Norris Realty
Buyer's Agent
Deborah Morris
List Price
$53,000
Sold Price
$53,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.73%
Original Mortgage
$39,750
Interest Rate
3.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $150,000 Investors Title Service, Inc.
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $39,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2020 11/12/20 Sold $300,000 0.0% $357 / Sq Ft
11/11/2020 11/11/20 For Sale $300,000 +466.0% $357 / Sq Ft
09/25/2012 09/25/12 Sold $53,000 0.0% --
11/29/2011 11/29/11 Pending -- -- --
11/29/2011 11/29/11 For Sale $53,000 -- --
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 $3,238 $142,900 $6,300 $136,600
2023 $3,238 $131,900 $6,300 $125,600
2022 $3,170 $131,900 $6,300 $125,600
2021 $2,550 $89,500 $6,300 $83,200
2020 $2,202 $76,700 $6,300 $70,400
2019 $2,108 $73,300 $6,300 $67,000
2018 $1,609 $63,100 $6,300 $56,800
2017 $1,743 $68,900 $6,300 $62,600
2016 $1,572 $61,700 $6,300 $55,400
2014 $1,110 $55,500 $6,300 $49,200
2013 $1,146 $57,300 $6,300 $51,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Joan Weerts

    Berkshire Hathaway Home

    Section Image

  • J

    Buyer's Agent in 2020

    Justin Wawrzyniak

    S & R Realty, LLC

    Section Image

  • L

    Seller's Agent in 2012

    Larry Norris

    Norris Realty

    Section Image

  • D

    Buyer's Agent in 2012

    Deborah Morris

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21151527

MIBOR Broker Listing Cooperative®

APN: 49-11-18-101-017.000-900

Indiana Marion County Indianapolis 46241 Stout Field

1406 Phillips Dr, Indianapolis, IN

This home is located at 1406 Phillips Dr, Indianapolis, IN 46241 and is currently priced at $53,000. This property was built in 1967. 1406 Phillips Dr is a home located in Marion County with nearby schools including Maplewood Elementary School, Lynhurst 7th & 8th Grade Center, and Ben Davis University High School.

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.

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