NOT LISTED FOR SALE

Estimated Value: $300,870 - $322,000

2 Beds
-- Bath
672 Sq Ft
$468/Sq Ft Est. Value

Last Sold April 23, 2013

Last sale price $64,000 $95 Per Sq Ft

Est. 391% increase in value since last sale

Current estimated payment $1,919/month

172 Days on Market

About This Home

As of April 2013

Property sold as - is. Investment opportunity. Good positive cash flow

Last Agent to Sell the Property

Joseph Faulkner

United Real Estate Indpls Listed on: 08/31/2012

United Real Estate Indpls

Last Buyer's Agent

Lynette Wuethrich

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 7,579

Home Design

  • 672 Sq Ft Home
  • Duplex

Community Details

  • C A Shotwells Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 491003176026001701

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2012
  • Year Built: 1910
  • Building Area Total: 840
  • Structure Type: Duplex
  • Subdivision Name: C A Shotwells
  • Inspection Warranties: Other
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: faulkner@mibor.net
  • Special Features: None

Interior Features

  • Living Area: 672
  • Owner Pays: Other
  • Upper Level Sq Ft: 672
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 840

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • List Price: 67900

Garage/Parking

  • Unit Parking: Other

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Laundry Features: Other
  • Solid Waste: No

Fee Information

  • Expenses: 3786

Lot Info

  • Lot Features: See Remarks
  • Additional Parcels: No
  • Lot Size Sq Ft: 0.17
  • Parcel Number: 491003176026001701
  • Acres: <1/4 Acre

Rental Info

  • Tenant Pays: Other

Multi Family

  • Net Operating Income: 11199
  • Gross Income: 15000
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1980
  • Tax Lot: 17
  • Semi Annual Property Tax Amt: 990
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2012
Closed on
Apr 23, 2013
Sold by
Member
Bought by
Newbold Kasey R and Newbold Lisa J
Seller's Agent
Joseph Faulkner
United Real Estate Indpls
Buyer's Agent
Lynette Wuethrich
List Price
$67,900
Sold Price
$64,000
Premium/Discount to List
-$3,900
-5.74%
Current Estimated Value
$314,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,468
Avg. Annual Appreciation
13.64%
Original Mortgage
$62,840
Outstanding Balance
$44,617
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$269,851

Purchase Details

Listed on
Aug 31, 2012
Closed on
Apr 18, 2013
Sold by
Cpt Reo Llc
Bought by
Newbold Kasey R and Newbold Lisa J
Seller's Agent
Joseph Faulkner
United Real Estate Indpls
Buyer's Agent
Lynette Wuethrich
List Price
$67,900
Sold Price
$64,000
Premium/Discount to List
-$3,900
-5.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,840
Outstanding Balance
$44,617
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$269,851

Purchase Details

Closed on
Apr 19, 2012
Sold by
Clark Property Tax Investments Llc
Bought by
Cpt Reo Llc

Purchase Details

Closed on
Apr 10, 2012
Sold by
Malott Leslie
Bought by
Clark Property Tax Investments Llc

Purchase Details

Closed on
Feb 17, 2011
Sold by
Malott Leslie
Bought by
Residential Fund 50 Llc
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
Newbold Kasey R $64,000 --
Newbold Kasey R -- --
Cpt Reo Llc -- None Available
Clark Property Tax Investments Llc $9,427 None Available
Residential Fund 50 Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newbold Kasey R $62,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2013 04/23/13 Sold $64,000 -5.7% $95 / Sq Ft
02/20/2013 02/20/13 Pending -- -- --
08/31/2012 08/31/12 For Sale $67,900 -- $101 / 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 $3,021 $249,200 $19,300 $229,900
2023 $3,021 $244,400 $19,300 $225,100
2022 $3,052 $245,600 $19,300 $226,300
2021 $2,502 $205,700 $19,300 $186,400
2020 $2,254 $184,600 $17,600 $167,000
2019 $2,174 $175,100 $17,600 $157,500
2018 $1,137 $101,700 $17,600 $84,100
2017 $869 $93,500 $17,600 $75,900
2016 $757 $89,200 $17,600 $71,600
2014 $942 $97,500 $17,600 $79,900
2013 $2,185 $96,200 $17,600 $78,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21194502

MIBOR Broker Listing Cooperative®

APN: 49-10-03-176-026.001-701