NOT LISTED FOR SALE

1435 E Legrande Ave Indianapolis, IN 46203

Near Southeast Neighborhood

Estimated Value: $163,000 - $239,717

7 Beds
1 Bath
2,558 Sq Ft
$79/Sq Ft Est. Value

Last Sold December 09, 2019

Last sale price $77,500 $30 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $1,415/month

124 Days on Market

Highlights

  • 0.42 Acre Lot
  • Traditional Architecture
  • Wood Siding

About This Home

As of December 2019

Located on the south side of FOUNTAIN SQUARE THIS 6 UNIT IS AN AMAZING OPPORTUNITY TO HAVE SOME INCREDIBLE CASHFLOW! 4 efficiency units and 2 one bedroom units make this a popular rental for program tenants who have historically paid $695 per unit. Owner pays all utilities but with rents at the correct level it is a cash cow! Property has just been freshly painted. It still needs new flooring and appliances!

Last Agent to Sell the Property

Charlene Gaard

No Limit Real Estate, LLC License #RB14033327 Listed on: 08/06/2019

Last Buyer's Agent

Jim Gilday

Keller Williams Indpls Metro N

Keller Williams Indpls Metro N

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 0.42

Home Design

  • Traditional Architecture
  • Wood Siding

Additional Features

  • 2-Story Property
  • 0.42 Acre Lot

Community Details

  • Adams Subdivision

Listing and Financial Details

  • Tenant pays for noutil
  • The owner pays for all utilities
  • Assessor Parcel Number 491018215019000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: 5+Units Commercial
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1925
  • Lot Size Acres: 0.42
  • Structure Type: Apartment Building
  • Subdivision Name: ADAMS
  • Inspection Warranties: Not Applicable
  • Property Description: Located on the south side of FOUNTAIN SQUARE THIS 6 UNIT IS AN AMAZING OPPORTUNITY TO HAVE SOME INCREDIBLE CASHFLOW! 4 efficiency units and 2 one bedroom units make this a popular rental for program tenants who have historically paid $695 per unit. Owner pays all utilities but with rents at the correct level it is a cash cow! Property has just been freshly painted. It still needs new flooring and appliances!
  • Transaction Type: Sale
  • Unit Count: 6
  • Conversion: 1
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: All Utilities
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: NoLaundry

Exterior Features

  • Construction Materials: Wood Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: Unpaved,Other

Utilities

  • Solid Waste: 1

Lot Info

  • Parcel Number: 491018215019000101
  • Acres: 1/4-1/2 Acre
  • Lot Information: Access Alley,Curbs,Sidewalks
  • Lot Number: 0
  • Lot Size: 100x185

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: NoUtil

Tax Info

  • Tax Annual Amount: 3582
  • Semi Annual Property Tax Amt: 1791
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2019
Closed on
Dec 9, 2019
Sold by
Simple Loan Solutions Llc
Bought by
Armstrong Property Group
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Jim Gilday
Keller Williams Indpls Metro N
List Price
$99,900
Sold Price
$77,500
Premium/Discount to List
-$22,400
-22.42%
Current Estimated Value
$200,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,333
Avg. Annual Appreciation
17.10%

Purchase Details

Closed on
Mar 15, 2019
Sold by
Rickey Tyler
Bought by
Simple Loan Solutions Llc

Purchase Details

Listed on
Sep 10, 2018
Closed on
Jan 7, 2019
Sold by
Frank Gilbert V
Bought by
Rickey Tyler
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Charlene Gaard
No Limit Real Estate, LLC
List Price
$150,000
Sold Price
$62,500
Premium/Discount to List
-$87,500
-58.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.30%

Purchase Details

Listed on
Jul 7, 2016
Closed on
Dec 1, 2016
Sold by
Pigg Steve A
Bought by
Gilbert V Frank
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Charlene Gaard
No Limit Real Estate, LLC
List Price
$105,000
Sold Price
$82,000
Premium/Discount to List
-$23,000
-21.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.24%

Purchase Details

Closed on
Feb 1, 2008
Sold by
Lewis Michael E and Lewis Evonne
Bought by
Pigg Steve A

Purchase Details

Closed on
Oct 1, 2004
Sold by
Ward Paul J
Bought by
Lewis Michael E and Lewis Evonne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Armstrong Property Group $77,500 Hocker Title
Simple Loan Solutions Llc $83,333 Eagle Land Title
Rickey Tyler -- None Available
Gilbert V Frank $82,000 --
Frank Gilbert V -- None Available
Pigg Steve A -- None Available
Lewis Michael E -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/09/2019 12/09/19 Sold $77,500 -16.2% $30 / Sq Ft
12/09/2019 12/09/19 Pending -- -- --
10/24/2019 10/24/19 Price Changed $92,500 -7.4% $36 / Sq Ft
10/04/2019 10/04/19 For Sale $99,900 0.0% $39 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
09/12/2019 09/12/19 Price Changed $99,900 -4.9% $39 / Sq Ft
09/06/2019 09/06/19 Price Changed $105,000 -4.5% $41 / Sq Ft
08/15/2019 08/15/19 For Sale $110,000 0.0% $43 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
08/06/2019 08/06/19 For Sale $110,000 +76.0% $43 / Sq Ft
01/09/2019 01/09/19 Sold $62,500 -45.7% $24 / Sq Ft View Prior Sale
12/15/2018 12/15/18 Pending -- -- --
10/27/2018 10/27/18 Price Changed $115,000 -8.0% $45 / Sq Ft
10/06/2018 10/06/18 Price Changed $125,000 -16.7% $49 / Sq Ft
09/09/2018 09/09/18 For Sale $150,000 +82.9% $59 / Sq Ft
12/12/2016 12/12/16 Sold $82,000 0.0% $32 / Sq Ft View Prior Sale
09/30/2016 09/30/16 Pending -- -- --
09/23/2016 09/23/16 Off Market $82,000 -- --
07/07/2016 07/07/16 For Sale $105,000 -- $41 / 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 $4,508 $196,100 $10,600 $185,500
2023 $4,508 $184,800 $10,600 $174,200
2022 $4,485 $184,800 $10,600 $174,200
2021 $3,769 $159,600 $10,600 $149,000
2020 $3,680 $153,900 $10,600 $143,300
2019 $3,675 $150,900 $5,700 $145,200
2018 $3,672 $149,500 $5,700 $143,800
2017 $3,092 $140,600 $5,700 $134,900
2016 $2,811 $130,300 $5,700 $124,600
2014 $2,409 $111,400 $5,700 $105,700
2013 $1,834 $88,200 $5,700 $82,500
Source: Public Records

Agents Affiliated with this Home

  • Charlene Gaard

    Seller's Agent in 2019

    Charlene Gaard

    No Limit Real Estate, LLC

    (317) 440-2149

    7 in this area

    245 Total Sales

    Charlene Gaard
    Section Image

  • J

    Buyer's Agent in 2019

    Jim Gilday

    Keller Williams Indpls Metro N

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21660159

MIBOR Broker Listing Cooperative®

APN: 49-10-18-215-019.000-101

Indiana Marion County Indianapolis 46203 Near Southeast

1435 E Legrande Ave, Indianapolis, IN

Not Listed for Sale

MultiFamily

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.

Nearby Homes