NOT LISTED FOR SALE

Estimated Value: $348,937 - $433,000

3 Beds
2 Baths
1,033 Sq Ft
$383/Sq Ft Est. Value

Last Sold February 16, 2020

Last sale price $260,000 $252 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,615/month

6 Days on Market

About This Home

As of February 2020

What an investment! Right in the heart of Fountain Square, this property offers many available options for the next homeowner. The home and carriage house are currently being rented. However, looking further down the road, this property could be used as either an owner-occupant or managed as an AirBnB rental. Check this one out today!

Last Agent to Sell the Property

Chris Price

Keller Williams Indy Metro S License #RB14030267 Listed on: 12/13/2019

Keller Williams Indy Metro S

Co-Listed By

David Whitlow

@properties

Last Buyer's Agent

Justin Perrey

Realty One Group New Horizons

Realty One Group New Horizons

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,082

Year Built

  • Built in 1999

Lot Details

  • 4,356 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space

Community Details

  • Spann & Cos 2Nd Woodlawn Add Subdivision

Listing and Financial Details

  • Tenant pays for insurance, all utilities
  • The owner pays for inshazard, taxes
  • Assessor Parcel Number 491007112033000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,082

Year Built

Built in 1999

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Arts&Crafts/Craftsman, TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1999
  • Co List Office Phone: 317-271-5959
  • Lot Size Acres: 0.1
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: FreeStand
  • Subdivision Name: SPANN & COS 2ND WOODLAWN ADD
  • Inspection Warranties: Not Applicable
  • Property Description: What an investment! Right in the heart of Fountain Square, this property offers many available options for the next homeowner. The home and carriage house are currently being rented. However, looking further down the road, this property could be used as either an owner-occupant or managed as an AirBnB rental. Check this one out today!
  • Transaction Type: Sale
  • Website: www.TheIndyPropertySource.com
  • Unit Count: 2
  • Conversion: 1
  • Website: https://www.magisto.com/video/PVwNZEZVFy4wQQ1pYw?l=vsm&o=w&c=c
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: Two
  • Owner Pays: InsHazard, Taxes, Other
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Fence Full Rear
  • Foundation Details: Crawl Space
  • List Price: 260000
  • Road Access: CityStreet
  • Interstate: Ramp1-3mi

Garage/Parking

  • Garage Spaces: 1
  • Unit Parking: 2 Car Garage,On Street
  • Parking Spacesper Unit: 2.0000

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 146
  • Insurance Expenses: 66

Lot Info

  • Property Attached Yn: No
  • Current Use: Residential
  • Parcel Number: 491007112033000101
  • Acres: <1/4 Acre
  • Lot Information: Corner,Sidewalks,Tree Mature,Wooded
  • Lot Number: 331
  • Lot Size: 4,356

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Insurance, All Utilities

Multi Family

  • Net Operating Income: 22656
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3082
  • Semi Annual Property Tax Amt: 1541
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2019
Closed on
Feb 13, 2020
Sold by
Sickles Michael C and Sickles Katherine M
Bought by
Smith Justin
Seller's Agent
Chris Price
Keller Williams Indy Metro S
Buyer's Agent
Justin Perrey
Realty One Group New Horizons
List Price
$260,000
Sold Price
$260,000
Current Estimated Value
$395,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,984
Avg. Annual Appreciation
7.93%
Original Mortgage
$260,000
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2017
Closed on
Jun 16, 2017
Sold by
Stephanie K
Bought by
Michael C
Seller's Agent
Caroline Reigle
Buyer's Agent
Chris Price
Keller Williams Indy Metro W
List Price
$274,000
Sold Price
$235,000
Premium/Discount to List
-$39,000
-14.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.86%
Original Mortgage
$211,500
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 7, 2014
Closed on
Aug 20, 2014
Sold by
Mcpherson John
Bought by
Wichmann Stephanie K and Wichmann Susan A
Seller's Agent
Kate Flock
Flock Realty, Inc.
Buyer's Agent
Kurt Flock
Flock Realty, Inc.
List Price
$194,900
Sold Price
$170,000
Premium/Discount to List
-$24,900
-12.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.17%
Original Mortgage
$100,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2011
Sold by
Napier Kelly A
Bought by
Mcpherson John
Source: Public Records

Range of Values:

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Average Value
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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
Smith Justin -- Chicago Title
Michael C $235,000 --
Sickles Michael C $235,000 Security Title Services
Wichmann Stephanie K -- Chicago Title Company Llc
Mcpherson John -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Justin $256,000
Closed Smith Justin $260,000
Previous Owner Sickles Michael C $211,500
Previous Owner Wichmann Stephanie K $70,000
Previous Owner Wichmann Stephanie K $100,000
Previous Owner Mcpherson John $58,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2020 02/16/20 Sold $260,000 0.0% $252 / Sq Ft
12/20/2019 12/20/19 Pending -- -- --
12/13/2019 12/13/19 For Sale $260,000 +10.6% $252 / Sq Ft
06/16/2017 06/16/17 Sold $235,000 -14.2% $128 / Sq Ft
06/06/2017 06/06/17 For Sale $274,000 0.0% $149 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $274,000 +16.6% $149 / Sq Ft
04/27/2017 04/27/17 Off Market $235,000 -- --
04/13/2017 04/13/17 For Sale $274,000 +61.2% $149 / Sq Ft
08/20/2014 08/20/14 Sold $170,000 -5.5% $165 / Sq Ft
07/09/2014 07/09/14 Price Changed $179,900 -5.3% $174 / Sq Ft
06/26/2014 06/26/14 Price Changed $189,900 -2.6% $184 / Sq Ft
04/07/2014 04/07/14 For Sale $194,900 -- $189 / 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 $5,481 $361,400 $44,600 $316,800
2023 $5,481 $352,000 $44,600 $307,400
2022 $5,317 $337,600 $44,600 $293,000
2021 $4,765 $312,500 $44,600 $267,900
2020 $4,129 $278,900 $44,600 $234,300
2019 $3,356 $281,300 $2,900 $278,400
2018 $3,194 $256,800 $2,900 $253,900
2017 $2,700 $243,600 $2,900 $240,700
2016 $1,676 $164,300 $2,900 $161,400
2014 $535 $78,900 $2,900 $76,000
2013 $533 $71,900 $2,900 $69,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21684197

MIBOR Broker Listing Cooperative®

APN: 49-10-07-112-033.000-101