NOT LISTED FOR SALE

Estimated Value: $95,000 - $183,000

2 Beds
1 Bath
2,070 Sq Ft
$66/Sq Ft Est. Value

Last Sold August 10, 2017

Last sale price $33,500 $16 Per Sq Ft

Est. 308% increase in value since last sale

Current estimated payment $976/month

44 Days on Market

About This Home

As of August 2017

One of the few multi-family homes in the neighborhood with great income opportunity. First floor is a 1 BDRM/1 BTH w/ a den. Main area floors are laminate wood, nice sized kitchen area. 2nd floor - a 2BDRM/1BTH, all bedrooms are large with big closets. All appliances stay in both apartments. HOME being sold in "As IS" condition. Needs some TLC. Conveniently located just mins from downtown, close to Garfield Park. Great to live in either unit and rent remaining floor. Avg rent $700 a month.

Last Agent to Sell the Property

Larry Gregerson

CENTURY 21 Scheetz License #RB14033944 Listed on: 06/12/2017

CENTURY 21 Scheetz

Last Buyer's Agent

Darrin Galyean

My Agent License #RB14028265

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $690

Year Built

  • Built in 1904

Lot Details

  • 6,011

Home Design

  • Colonial Architecture
  • Block Foundation
  • Vinyl Construction Material

Additional Features

  • 2-Story Property
  • 6,011 Sq Ft Lot
  • Basement

Community Details

  • Julian Etal Spring Garden Subdivision

Listing and Financial Details

  • Tenant pays for notapplic
  • The owner pays for notapplic
  • Assessor Parcel Number 491019112155000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$690

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Colonial, Doub-Duplx
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1904
  • Lot Size Acres: 0.138
  • Road Surface Type: Asphalt
  • Subdivision Name: JULIAN ETAL SPRING GARDEN
  • Inspection Warranties: Not Applicable
  • Property Description: One of the few multi-family homes in the neighborhood with great income opportunity. First floor is a 1 BDRM/1 BTH w/ a den. Main area floors are laminate wood, nice sized kitchen area. 2nd floor - a 2BDRM/1BTH, all bedrooms are large with big closets. All appliances stay in both apartments. HOME being sold in "As IS" condition. Needs some TLC. Conveniently located just mins from downtown, close to Garfield Park. Great to live in either unit and rent remaining floor. Avg rent $700 a month.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: NotApplic
  • Possible Use: Apt<20, Residential
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 37500
  • Road Access: AccessRd,CityStreet
  • Interstate: Ramp<1Mi

Garage/Parking

  • Unit Parking: 2 Car Space,Unpaved
  • Auto Surface: 2+

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 0

Lot Info

  • Current Use: Vacant
  • Parcel Number: 491019112155000101
  • Acres: <1/4 Acre
  • Lot Information: Access Street,Sidewalks,Storm Sewer,Street Lights,Tree Mature
  • Lot Number: 0
  • Lot Size: 6,011

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: NotApplic

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 690
  • Semi Annual Property Tax Amt: 345
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2021
Sold by
Johnstone Properties Llc
Bought by
Birchwood Branches Llc
Total Days on Market
44
Current Estimated Value
$136,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,750
Outstanding Balance
$72,831
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$88,462

Purchase Details

Closed on
Dec 8, 2018
Sold by
Schober Matthew James and Bansal Sagar
Bought by
Johnstone Properties Llc

Purchase Details

Closed on
Jun 8, 2018
Bought by
James Schober Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,625
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 12, 2017
Closed on
Aug 10, 2017
Sold by
Jason C
Seller's Agent
Larry Gregerson
CENTURY 21 Scheetz
Buyer's Agent
Darrin Galyean
My Agent
List Price
$42,000
Sold Price
$33,500
Premium/Discount to List
-$8,500
-20.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.29%

Purchase Details

Closed on
Nov 15, 2006
Sold by
Thompson W Kenneth and Thompson Jeannette
Bought by
Wisdom Jason C and Wisdom Carolyn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.33%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Birchwood Branches Llc -- None Available
Johnstone Properties Llc -- None Available
James Schober Matthew $67,500 --
Schober Matthew James $67,500 First American Title Insurance
-- $33,500 --
Lutherstock Properties Llc $33,500 First American Title
Wisdom Jason C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Birchwood Branches Llc $84,750
Previous Owner Schober Matthew James $50,625
Previous Owner Wisdom Jason C $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2017 08/10/17 Sold $33,500 -10.7% $16 / Sq Ft
07/27/2017 07/27/17 Pending -- -- --
07/24/2017 07/24/17 Price Changed $37,500 -10.7% $18 / Sq Ft
06/12/2017 06/12/17 For Sale $42,000 -- $20 / 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 $2,506 $91,600 $8,000 $83,600
2023 $2,506 $101,400 $8,000 $93,400
2022 $2,244 $90,800 $8,000 $82,800
2021 $1,829 $75,000 $8,000 $67,000
2020 $1,682 $68,400 $8,000 $60,400
2019 $1,499 $59,400 $4,000 $55,400
2018 $943 $35,600 $4,000 $31,600
2017 $799 $33,200 $4,000 $29,200
2016 $783 $33,200 $4,000 $29,200
2014 $657 $30,400 $4,000 $26,400
2013 $632 $30,400 $4,000 $26,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21491205

MIBOR Broker Listing Cooperative®

APN: 49-10-19-112-155.000-101