$50,000
SOLD JAN 10, 2019
-- Bed
-- Bath
909 Sq Ft
3,136 Sq Ft Lot

Recently Sold

$55 Per Sq Ft

9% Below List Price

19 Days on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • 5-minute walk to Kelly Park

About This Home

As of March 2022

Investment flip opportunity just South of downtown Indy! Near the Sacred Heart and Lucas Oil Stadium this location has so much potential. With various flips underway in neighborhood pocket could this be the next prime real estate downtown? Attracting flippers like 2 Chic’s and a Hammer and local investors alike, get a good price while you can. Home needs a complete renovation but with the right visionary skills the possibilities are endless! Would make a great turnkey property once rehabbed - Duplex's are hard to come by!

Last Agent to Sell the Property

Kimberly Gubler

Imperial Realty, LLC License #RB14043076 Listed on: 11/17/2018

Last Buyer's Agent

Jennifer Kikendall-wilkinson

@properties

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $210

Year Built

  • Built in 1900

Lot Details

  • 3,136 Sq Ft Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1-Story Property
  • Crawl Space

Community Details

  • Nathan B Palmers Subdivision

Listing and Financial Details

  • Tenant pays for notapplic
  • The owner pays for notapplic
  • Assessor Parcel Number 491113199018000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$210

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1900
  • Lot Size Acres: 0.072
  • Structure Type: Duplex
  • Subdivision Name: NATHAN B PALMERS
  • Inspection Warranties: Not Applicable
  • Property Description: Investment flip opportunity just South of downtown Indy! Near the Sacred Heart and Lucas Oil Stadium this location has so much potential. With various flips underway in neighborhood pocket could this be the next prime real estate downtown? Attracting flippers like 2 Chic’s and a Hammer and local investors alike, get a good price while you can. Home needs a complete renovation but with the right visionary skills the possibilities are endless! Would make a great turnkey property once rehabbed - Duplex's are hard to come by!
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: NotApplic
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Foundation Details: Crawl Space
  • List Price: 55000

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491113199018000101
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks
  • Lot Number: 20
  • Lot Size: 3,136

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: NotApplic

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 210
  • Semi Annual Property Tax Amt: 105
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
Mar 4, 2022
Sold by
Rections Llc
Bought by
Howenstine Ivana and Howenstine Taylor
Seller's Agent
Tim Sewell
F.C. Tucker Company
Buyer's Agent
Ivan Guillen
Elite Indy Realty Group
List Price
$235,000
Sold Price
$227,500
Premium/Discount to List
-$7,500
-3.19%
Total Days on Market
19
Current Estimated Value
$274,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,678
Avg. Annual Appreciation
3.76%
Original Mortgage
$208,333
Outstanding Balance
$196,065
Interest Rate
3.76%
Mortgage Type
FHA
Estimated Equity
$60,304

Purchase Details

Closed on
Nov 24, 2020
Sold by
Singer Andrea J
Bought by
Rections Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2020
Sold by
Nls Llc
Bought by
Singer Andrea J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2020
Sold by
Natural Born Builders Llc
Bought by
Nls Llc

Purchase Details

Listed on
Nov 17, 2018
Closed on
Jan 10, 2019
Sold by
Betterhomes Llc
Bought by
Natural Born Builders Llc
Seller's Agent
Kimberly Gubler
Imperial Realty, LLC
Buyer's Agent
Jennifer Kikendall-wilkinson
@properties
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.15%

Purchase Details

Closed on
Jan 24, 2014
Sold by
Marion County Auditor
Bought by
Marion County

Purchase Details

Closed on
Jan 23, 2014
Sold by
City Quest Llc
Bought by
County Of Marion

Purchase Details

Closed on
Jul 20, 2006
Sold by
City Quest Llc
Bought by
Smith Timothy R
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 $227,500 Hall Render Killian Heath & Ly
Quit Claim Deed -- None Available
Warranty Deed -- First American Title Insurance
Warranty Deed $37,500 First American Title Insurance
Warranty Deed $50,000 Best Title Services
Legal Action Court Order $10,000 --
Quit Claim Deed $10,000 None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $3,361 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $208,333 FHA
Previous Owner $120,000 New Conventional
Previous Owner $79,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $227,500 -3.2% $250 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $235,000 0.0% $259 / Sq Ft
03/02/2021 03/02/21 Rented $1,000 0.0% --
02/12/2021 02/12/21 Under Contract -- -- --
01/05/2021 01/05/21 Price Changed $1,000 -9.1% $1 / Sq Ft
11/04/2020 11/04/20 For Rent $1,100 0.0% --
01/10/2019 01/10/19 Sold $50,000 -9.1% $55 / Sq Ft
12/07/2018 12/07/18 Pending -- -- --
11/17/2018 11/17/18 For Sale $55,000 -- $61 / 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 $3,571 $222,700 $6,300 $216,400
2023 $3,571 $212,700 $6,300 $206,400
2022 $4,255 $240,900 $6,300 $234,600
2021 $4,728 $200,300 $6,300 $194,000
2020 $1,193 $51,500 $6,300 $45,200
2019 $1,178 $10,500 $3,100 $7,400
2018 $2,939 $10,300 $3,100 $7,200
2017 $319 $9,900 $3,100 $6,800
2016 $989 $9,300 $3,100 $6,200
2014 $936 $43,300 $3,100 $40,200
2013 $902 $40,100 $3,100 $37,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21607941

MIBOR Broker Listing Cooperative®

APN: 49-11-13-199-018.000-101