$35,000
SOLD FEB 17, 2016

1427 N Gladstone Ave Indianapolis, IN 46201

Near Eastside Neighborhood
-- Bed
-- Bath
670 Sq Ft
5,271 Sq Ft Lot

Recently Sold

$52 Per Sq Ft

30% Below List Price

150 Days on Market

About This Home

As of August 2017

Attention investors! Here is a great duplex in Little Flower to add to or start your buy & hold portfolio. This double had 1 bedroom per side, hardwoods, basement and is on a corner lot. Large storage in back could be used as a garage. Covered porch. Currently rented, leases available upon request. Can be sold individually or part of a package with up to 5 other duplexes.

Last Agent to Sell the Property

Rob Newkirk

Newkirk Realty Listed on: 08/03/2015

Last Buyer's Agent

Rita Spidel

United Real Estate Indpls License #RB14042022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 5,271 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 670 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Community Details

  • Johnsons East 10Th St Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for ins hazard, taxes, trash collection
  • Tax Lot 28
  • Assessor Parcel Number 490733178144000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1929
  • Building Area Total: 670
  • Lot Size Acres: 0.121
  • Structure Type: Duplex
  • Subdivision Name: Johnsons East 10Th St
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: rob@newkirkrealty.net
  • Special Features: None

Interior Features

  • Levels: One
  • Living Area: 670
  • Owner Pays: Ins Hazard, Taxes, Trash Collection
  • Main Level Sq Ft: 670
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 670

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Disclosures: Not Applicable
  • List Price: 42500

Garage/Parking

  • Unit Parking: On Street,Other

Utilities

  • Utilities: Cable Connected, Gas
  • Laundry Features: Connections All
  • Solid Waste: No

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Lot Size Sq Ft: 5271
  • Parcel Number: 490733178144000101
  • Acres: <1/4 Acre

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1144
  • Tax Lot: 28
  • Semi Annual Property Tax Amt: 572
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2021
Sold by
Koro Development Llc
Bought by
Higuera Gabriel
Current Estimated Value
$119,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Outstanding Balance
$53,686
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$79,056

Purchase Details

Closed on
Jul 24, 2019
Sold by
Kuznetsov Alexey and Kuznetsov Irina
Bought by
Koro Development Llc

Purchase Details

Listed on
Aug 16, 2017
Closed on
Aug 30, 2017
Sold by
Daniel D
Bought by
Kuznetsov Alexey and Kuznetsov Irina
Seller's Agent
Rita Spidel
United Real Estate Indpls
Buyer's Agent
Gina Rininger
Crossroads Real Estate Group LLC
List Price
$55,990
Sold Price
$56,000
Premium/Discount to List
$10
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.50%

Purchase Details

Listed on
Aug 3, 2015
Closed on
Feb 17, 2016
Sold by
Wjs Properties Llc
Bought by
Gordon Daniel D and Gordon Elisa M
Seller's Agent
Rob Newkirk
Newkirk Realty
Buyer's Agent
Rita Spidel
United Real Estate Indpls
List Price
$50,000
Sold Price
$35,000
Premium/Discount to List
-$15,000
-30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.96%
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 $90,000 Victory Title
Warranty Deed -- None Available
Deed $56,000 --
Warranty Deed $56,000 Fidelity National Title
Warranty Deed -- Mtc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $67,500 New Conventional
Closed $67,500 New Conventional
Previous Owner $52,800 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2022 06/29/22 Rented $625 0.0% --
06/03/2022 06/03/22 For Rent $625 0.0% --
08/30/2017 08/30/17 Sold $56,000 0.0% $84 / Sq Ft
08/19/2017 08/19/17 Pending -- -- --
08/16/2017 08/16/17 For Sale $55,990 +60.0% $84 / Sq Ft
02/17/2016 02/17/16 Sold $35,000 -30.0% $52 / Sq Ft
01/01/2016 01/01/16 Pending -- -- --
08/03/2015 08/03/15 For Sale $50,000 -- $75 / 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 $2,328 $105,500 $12,800 $92,700
2023 $2,328 $93,100 $12,800 $80,300
2022 $2,243 $90,000 $12,800 $77,200
2021 $2,162 $88,700 $12,800 $75,900
2020 $1,951 $79,300 $4,900 $74,400
2019 $1,805 $71,700 $4,900 $66,800
2018 $1,571 $61,300 $4,900 $56,400
2017 $1,251 $53,800 $4,900 $48,900
2016 $1,191 $51,600 $4,900 $46,700
2014 $1,145 $52,200 $4,900 $47,300
2013 $1,136 $53,700 $4,900 $48,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mark Jones

    PMI Midwest

    Section Image

  • R

    Seller's Agent in 2017

    Rita Spidel

    United Real Estate Indpls

    Section Image

  • G

    Buyer's Agent in 2017

    Gina Rininger

    Crossroads Real Estate Group LLC

    Section Image

  • M

    Buyer Co-Listing Agent in 2017

    Mary Hoover

    Crossroads Real Estate Group LLC

    Section Image

  • R

    Seller's Agent in 2016

    Rob Newkirk

    Newkirk Realty

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21368711

MIBOR Broker Listing Cooperative®

APN: 49-07-33-178-144.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

1427 N Gladstone Ave, Indianapolis, IN

This home is located at 1427 N Gladstone Ave, Indianapolis, IN 46201 and is currently priced at $35,000, approximately $52 per square foot. This property was built in 1929. 1427 N Gladstone Ave is a home located in Marion County with nearby schools including Brookside School 54, Arlington Community Middle School, and Arsenal Technical 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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