$9,500
SOLD AUG 9, 2012

1516 N Tuxedo St Indianapolis, IN 46201

Near Eastside Neighborhood
-- Bed
-- Bath
1,410 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$7 Per Sq Ft

49% Below List Price

145 Days on Market

Highlights

  • Property is near a bus stop
  • Wood Siding
  • 2-minute walk to Brookside Park
  • Partially Fenced Property

About This Home

As of June 2017

3 Bedroom 1 Bath on each side. Should rent for $1100 per month. Both sides are rough and need full rehab.

Last Agent to Sell the Property

Thomas Wright

Blue River Realty and Brokerag Listed on: 03/15/2012

Last Buyer's Agent

Kim Paino

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916

Home Design

  • 1,410 Sq Ft Home
  • Duplex
  • Wood Siding

Additional Features

  • Partially Fenced Property
  • Property is near a bus stop

Community Details

  • Fletcher South Brookside Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for ins hazard, no utilities, taxes
  • Tax Lot 1
  • Assessor Parcel Number 490732103020000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2011
  • Year Built: 1916
  • Building Area Total: 2820
  • Structure Type: Duplex
  • Subdivision Name: Fletcher South Brookside
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: thomaslwright317@gmail.com
  • Special Features: None

Interior Features

  • Living Area: 1410
  • Owner Pays: Ins Hazard, No Utilities, Taxes
  • Upper Level Sq Ft: 1410
  • SqFt Total: 2820

Exterior Features

  • Construction Materials: Wood Siding
  • Disclosures: Not Applicable
  • List Price: 14900

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Utilities: Cable Available, Gas Nearby, Sewer Connected, Water Connected
  • Laundry Features: Connections Some
  • Solid Waste: Yes

Fee Information

  • Expenses: 2100

Lot Info

  • Lot Features: Busline, Partial Fencing, Sidewalks
  • Additional Parcels: No
  • Parcel Number: 490732103020000101

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Net Operating Income: 11100
  • Gross Income: 13200
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 770
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 385
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2017
Closed on
May 31, 2017
Bought by
Swender Dennis and Swender Heidi
Seller's Agent
Sherri Bryant
Highgarden Real Estate
Buyer's Agent
Mark Nottingham
@properties
List Price
$60,000
Sold Price
$44,000
Premium/Discount to List
-$16,000
-26.67%
Current Estimated Value
$225,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,946
Avg. Annual Appreciation
22.03%

Purchase Details

Closed on
Mar 11, 2013
Sold by
Arei Indy Llc
Bought by
Tran Fu Us Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2013
Sold by
Paino Kimberlee L
Bought by
Walls Ben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2012
Closed on
Aug 9, 2012
Sold by
Crum Pension Plan
Bought by
Square Peg Investments Llc
Seller's Agent
Thomas Wright
Blue River Realty and Brokerag
Buyer's Agent
Kim Paino
List Price
$18,500
Sold Price
$9,500
Premium/Discount to List
-$9,000
-48.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.52%

Purchase Details

Closed on
May 6, 2009
Sold by
Bmcc Investments Llc
Bought by
Crum Pension Plan

Purchase Details

Closed on
Apr 9, 2009
Sold by
Johnson Thomas Bradford and Johnson Rae Jean
Bought by
Bmcc Investments Llc
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
Deed $44,000 --
Deed $44,000 First American Title
Warranty Deed -- --
Warranty Deed -- --
Deed $80,000 --
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- Homequest Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,000 New Conventional
Closed $63,000 New Conventional
Closed $40,000 New Conventional
Previous Owner $47,700 Unknown
Previous Owner $44,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2017 06/02/17 Sold $44,000 -26.7% $15 / Sq Ft
02/28/2017 02/28/17 For Sale $60,000 +36.4% $21 / Sq Ft
02/28/2017 02/28/17 Off Market $44,000 -- --
02/09/2017 02/09/17 For Sale $60,000 +531.6% $21 / Sq Ft
08/09/2012 08/09/12 Sold $9,500 -48.6% $7 / Sq Ft
08/08/2012 08/08/12 Pending -- -- --
03/15/2012 03/15/12 For Sale $18,500 -- $13 / 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 $2,364 $161,200 $6,500 $154,700
2023 $2,364 $158,200 $6,500 $151,700
2022 $1,821 $145,900 $6,500 $139,400
2021 $1,985 $129,000 $6,500 $122,500
2020 $1,334 $108,900 $2,800 $106,100
2019 $848 $82,600 $2,800 $79,800
2018 $798 $79,100 $2,800 $76,300
2017 $667 $76,400 $2,800 $73,600
2016 $1,692 $75,600 $2,800 $72,800
2014 $1,552 $71,800 $2,800 $69,000
2013 $686 $33,000 $2,800 $30,200
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Sherri Bryant

    Highgarden Real Estate

    (812) 841-0677

    94 Total Sales

    Sherri Bryant
    Section Image

  • M

    Buyer's Agent in 2017

    Mark Nottingham

    @properties

    Section Image

  • T

    Seller's Agent in 2012

    Thomas Wright

    Blue River Realty and Brokerag

    Section Image

  • K

    Buyer's Agent in 2012

    Kim Paino

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21165928

MIBOR Broker Listing Cooperative®

APN: 49-07-32-103-020.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

1516 N Tuxedo St, Indianapolis, IN

This home is located at 1516 N Tuxedo St, Indianapolis, IN 46201 and is currently priced at $9,500, approximately $6 per square foot. This property was built in 1916. 1516 N Tuxedo St is a home located in Marion County with nearby schools including Brookside School 54, Arlington Community Middle School, and Arsenal Technical High School.

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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