NOT LISTED FOR SALE

1423 S Reisner St Indianapolis, IN 46221

West Indianapolis Neighborhood

Estimated Value: $81,000 - $133,000

2 Beds
-- Bath
1,168 Sq Ft
$84/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $62,500 $54 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $656/month

2 Days on Market

About This Home

As of August 2021

Potentials are numerous; rent or live in one side while renovating the other side. This home features new wiring on one side, newer roof at 2 years old, 1 layer on the roof, some new windows. Next to future Habitat for Humanity home, across the street from elementary school. 1423 is fixer upper; 1421 needs total renovation. Convenient to airport, downtown Indy and Eli Lilly! Claw foot tubs! Drop in Kitchen in 1421.

Last Agent to Sell the Property

Sandor Moreland

Carpenter, REALTORS® License #RB14023138 Listed on: 07/16/2021

Last Buyer's Agent

Emanuel Ruiz

Snyder Strategy Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $868

Year Built

  • Built in 1920

Lot Details

  • 5,227

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Block Foundation
  • Wood Siding

Additional Features

  • 2-Story Property
  • 5,227 Sq Ft Lot

Community Details

  • Mccartys Subdivision

Listing and Financial Details

  • Tenant pays for notapplic
  • The owner pays for notapplic
  • Assessor Parcel Number 491115100039000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$868

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1920
  • Lot Size Acres: 0.12
  • Structure Type: Duplex
  • Subdivision Name: MCCARTYS
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: NotApplic
  • Sq Ft Main Upper: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Wood Siding
  • Disclosures: Not Applicable
  • Exterior Features: Not Applicable
  • Foundation Details: Block, Brick
  • List Price: 50000

Garage/Parking

  • Unit Parking: Other

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491115100039000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street
  • Lot Number: 6
  • Lot Size: 5,227

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: NotApplic

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 868
  • Semi Annual Property Tax Amt: 434
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Jul 28, 2021
Sold by
Brown John M
Bought by
Garcia Juan Navarrete
Seller's Agent
Sandor Moreland
Carpenter, REALTORS®
Buyer's Agent
Emanuel Ruiz
Snyder Strategy Realty, Inc
List Price
$50,000
Sold Price
$62,500
Premium/Discount to List
$12,500
25%
Current Estimated Value
$98,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,880
Avg. Annual Appreciation
11.29%
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 Buyer Sale Price Title Company
Garcia Juan Navarrete -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2021 08/02/21 Sold $62,500 +25.0% $54 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $50,000 -- $43 / 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 $1,683 $77,300 $2,900 $74,400
2023 $1,683 $65,900 $2,900 $63,000
2022 $1,721 $67,900 $2,900 $65,000
2021 $1,235 $48,500 $2,900 $45,600
2020 $983 $37,500 $2,900 $34,600
2019 $960 $35,900 $2,900 $33,000
2018 $937 $34,700 $2,900 $31,800
2017 $591 $22,700 $2,900 $19,800
2016 $554 $21,500 $2,900 $18,600
2014 $435 $20,100 $2,900 $17,200
2013 $522 $25,100 $2,900 $22,200
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Sandor Moreland

    Carpenter, REALTORS®

    Section Image

  • E

    Buyer's Agent in 2021

    Emanuel Ruiz

    Snyder Strategy Realty, Inc

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21799701

MIBOR Broker Listing Cooperative®

APN: 49-11-15-100-039.000-101

Indiana Marion County Indianapolis 46221 West Indianapolis

1423 S Reisner St, Indianapolis, IN

This home is located at 1423 S Reisner St, Indianapolis, IN 46221 since 16 July 2021 and is currently estimated at $98,380, approximately $84 per square foot. This property was built in 1920. 1423 S Reisner St is a home located in Marion County with nearby schools including Eleanor Skillen School No. 34, Ralph Waldo Emerson School 58, and Daniel Webster School 46.

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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