NOT LISTED FOR SALE

1507 E Bradbury Ave Indianapolis, IN 46203

Near Southeast Neighborhood

Estimated Value: $89,000 - $160,000

2 Beds
-- Bath
624 Sq Ft
$200/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $30,025 $48 Per Sq Ft

Est. 315% increase in value since last sale

Current estimated payment $807/month

227 Days on Market

About This Home

As of May 2014

Incredible bungalow style multi-family cash cow in Fountain Square area. This investment property is fully leased and totally remodeled. Turnkey investment opportunity with numers updates. Presents a large monthly cash flow, upside appreciation, and great returns. Professionally managed and maintained. Great addition to your portfolio. This is a must see!

Last Agent to Sell the Property

Chris Price

Keller Williams Indy Metro W Listed on: 09/09/2013

Keller Williams Indy Metro W

Last Buyer's Agent

Veronica Martinez

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 40 Sq Ft Lot

Home Design

  • Duplex
  • Bungalow
  • Aluminum Siding

Interior Spaces

  • 624 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Community Details

  • Downey & Chambers Subdivision

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 491019137035000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1925
  • Building Area Total: 624
  • Lot Size Acres: 0.13
  • Structure Type: Duplex
  • Subdivision Name: Downey & Chambers
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Website: www.indypropertysource.com
  • Conversion: No
  • MBR_AttributionContact: chrisprice@indypropertysource.com
  • Special Features: 4108

Interior Features

  • Levels: One
  • Owner Pays: Other
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 624

Exterior Features

  • Construction Materials: Aluminum Siding

Garage/Parking

  • Unit Parking: 1 Car Garage,On Street

Utilities

  • Utilities: Cable Available, Gas, Sewer Connected, Water Connected
  • Laundry Features: Connections All
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Lot Info

  • Lot Features: Sidewalks
  • Additional Parcels: No
  • Lot Size Sq Ft: 40
  • Parcel Number: 491019137035000101
  • Acres: <1/4 Acre

Rental Info

  • Tenant Pays: Other

Tax Info

  • Tax Annual Amount: 1108
  • Tax Lot: 46
  • Semi Annual Property Tax Amt: 554
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2013
Closed on
May 30, 2014
Sold by
Butler Tina M
Bought by
Ira Bradford N Barkley
Seller's Agent
Chris Price
Keller Williams Indy Metro W
Buyer's Agent
Veronica Martinez
List Price
$45,000
Sold Price
$30,025
Premium/Discount to List
-$14,975
-33.28%
Current Estimated Value
$124,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,475
Avg. Annual Appreciation
13.26%

Purchase Details

Listed on
Sep 9, 2013
Closed on
May 27, 2014
Sold by
Bloomfield State Bank
Bought by
Pensco Trust Company and Bradford N Barkley Ira
Seller's Agent
Chris Price
Keller Williams Indy Metro W
Buyer's Agent
Veronica Martinez
List Price
$45,000
Sold Price
$30,025
Premium/Discount to List
-$14,975
-33.28%

Purchase Details

Closed on
Feb 21, 2014
Sold by
Twin Props Llc
Bought by
Bloomfield State Bank

Purchase Details

Closed on
Nov 7, 2007
Sold by
Mccarter Brad
Bought by
Twin Props Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,757
Interest Rate
6.45%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 22, 2007
Sold by
West Donald L and West Roxie R
Bought by
Mccarter Brad
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
Ira Bradford N Barkley $30,025 Chicago Title
Pensco Trust Company -- Chicago Title Company Llc
Bloomfield State Bank -- Robergelaw
Bloomfield State Bank -- None Available
Twin Props Llc -- None Available
Mccarter Brad -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Twin Props Llc $34,757
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2014 05/30/14 Sold $30,025 -33.3% $48 / Sq Ft
04/25/2014 04/25/14 Pending -- -- --
09/09/2013 09/09/13 For Sale $45,000 -- $72 / 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 $1,854 $78,200 $8,000 $70,200
2023 $1,854 $86,700 $8,000 $78,700
2022 $1,672 $65,800 $8,000 $57,800
2021 $1,371 $54,400 $8,000 $46,400
2020 $1,153 $49,800 $8,000 $41,800
2019 $999 $42,300 $3,800 $38,500
2018 $945 $35,000 $3,800 $31,200
2017 $801 $32,600 $3,800 $28,800
2016 $1,132 $32,500 $3,800 $28,700
2014 $1,064 $49,200 $3,800 $45,400
2013 $1,023 $49,200 $3,800 $45,400
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Chris Price

    Keller Williams Indy Metro W

    Section Image

  • V

    Buyer's Agent in 2014

    Veronica Martinez

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21254802

MIBOR Broker Listing Cooperative®

APN: 49-10-19-137-035.000-101

Indiana Marion County Indianapolis 46203 Near Southeast

1507 E Bradbury Ave, Indianapolis, IN

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