$173,000
SOLD MAR 11, 2025

1440 S New Jersey St Indianapolis, IN 46225

Bates-Hendricks Neighborhood
3 Beds
2 Baths
1,800 Sq Ft
7,400 Sq Ft Lot

Recently Sold

$96 Per Sq Ft

6% Below List Price

3 Days on Market

About This Home

As of March 2025

Property zoned Duplex, COULD BE EITHER DUPLEX OR SINGLE FAMILY RESIDENCE - 4+ bedrooms, multiple baths. Bates Hendricks residence. Room sizes are estimates. Fixer/upper home.

Last Agent to Sell the Property

Joseph Faulkner

United Real Estate Indpls Brokerage Email: joefaulkner1963@gmail.com License #RB14004797 Listed on: 02/04/2025

United Real Estate Indpls

Last Buyer's Agent

Gretchen Szostak

DNA Properties, LLC License #RB14046580

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,476

Year Built

  • Built in 1880

Home Design

  • Duplex
  • Brick Foundation
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • 7,400 Sq Ft Lot
  • City Lot

Community Details

  • Woodruff Sub Morris Add Subdivision

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 491113162055000101
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,476

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Other
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1880
  • Lot Size Acres: 0.17
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: Woodruff Sub Morris Add
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 86500
  • MBR_AttributionContact: joefaulkner1963@gmail.com
  • Attribution Contact: joefaulkner1963@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Levels: Two
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Possible Use: Residential
  • Gross Area Sq Ft: 7400
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asbestos Shingle
  • Construction Materials: Aluminum Siding
  • Direction Faces: East
  • Exterior Features: Not Applicable
  • Fencing: Chain Link
  • Foundation Details: Brick
  • List Price: 183750
  • View Y N: No
  • Waterfront: No
  • Road Access: Not Applic

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Solid Waste: No

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Access, City Lot, Curbs, Sidewalks, Storm Sewer
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 7400
  • Parcel Number: 491113162055000101
  • Zoning: multifamily
  • Acres: <1/4 Acre
  • Price Acre: 1017647

Green Features

  • Green Certification Y N: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2476
  • Tax Lot: 50
  • Semi Annual Property Tax Amt: 1238
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2025
Closed on
Mar 11, 2025
Sold by
Apollo Realty Inc
Bought by
Aguilar Electric Llc
Seller's Agent
Joseph Faulkner
United Real Estate Indpls
Buyer's Agent
Gretchen Szostak
DNA Properties, LLC
List Price
$183,750
Sold Price
$173,000
Premium/Discount to List
-$10,750
-5.85%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
299.86%
Original Mortgage
$265,000
Outstanding Balance
$222,099
Interest Rate
6.95%
Mortgage Type
Construction
Estimated Equity
$70,837

Purchase Details

Closed on
Sep 19, 2024
Sold by
Paine Anthony Wayne
Bought by
Apollo Realty Inc
Source: Public Records

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Range of Values:

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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 $173,000 Best Title Services
Warranty Deed $126,100 Best Title Services
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $265,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2025 07/12/25 For Sale $489,000 +182.7% $272 / Sq Ft
03/11/2025 03/11/25 Sold $173,000 -5.9% $96 / Sq Ft
02/07/2025 02/07/25 Pending -- -- --
02/04/2025 02/04/25 For Sale $183,750 -- $102 / 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 $2,576 $113,500 $24,600 $88,900
2023 $2,576 $104,300 $24,600 $79,700
2022 $2,467 $100,700 $24,600 $76,100
2021 $1,883 $77,700 $24,600 $53,100
2020 $1,726 $70,700 $24,600 $46,100
2019 $1,519 $60,700 $4,500 $56,200
2018 $1,358 $53,500 $4,500 $49,000
2017 $1,048 $45,100 $4,500 $40,600
2016 $944 $41,100 $4,500 $36,600
2014 $776 $36,100 $4,500 $31,600
2013 $748 $36,100 $4,500 $31,600
Source: Public Records

Agents Affiliated with this Home

  • Gretchen Szostak

    Seller's Agent in 2025

    Gretchen Szostak

    DNA Properties, LLC

    (317) 721-5310

    3 in this area

    54 Total Sales

    Gretchen Szostak
    Section Image
  • Joseph Faulkner

    Seller's Agent in 2025

    Joseph Faulkner

    United Real Estate Indpls

    (317) 590-6425

    2 in this area

    52 Total Sales

    Joseph Faulkner
    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22020196

MIBOR Broker Listing Cooperative®

APN: 49-11-13-162-055.000-101

Indiana Marion County Indianapolis 46225 Bates-Hendricks

1440 S New Jersey St, Indianapolis, IN

This home is located at 1440 S New Jersey St, Indianapolis, IN 46225 and is currently priced at $173,000, approximately $96 per square foot. This property was built in 1880. 1440 S New Jersey St is a home located in Marion County with nearby schools including James A. Garfield School 31, Arsenal Technical High School, and George Washington Community High School (9-12).

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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