NOT LISTED FOR SALE

Estimated Value: $231,000

2 Beds
-- Bath
588 Sq Ft
$393/Sq Ft Est. Value

Last Sold January 19, 2012

Last sale price $38,750 $66 Per Sq Ft

Est. 496% increase in value since last sale

Current estimated payment $1,614/month

34 Days on Market

About This Home

As of January 2012

Attention! Great investment property! Both units come with appliances. Recent updates! Wonderful well maintained double. Good location, close to downtown. Live in one side, rent the other. A must see.

Last Agent to Sell the Property

Carol Deokaran

RE/MAX Centerstone Listed on: 10/18/2011

RE/MAX Centerstone

Last Buyer's Agent

Monica Mueller

Indy Metro Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 40 Sq Ft Lot
  • Partially Fenced Property

Parking

  • Alley Access

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 588 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Community Details

  • Sturm & Kollers Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, electricity, gas, water
  • The owner pays for taxes, trash collection
  • Tax Lot 56
  • Assessor Parcel Number 491006132004000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2010
  • Year Built: 1890
  • Building Area Total: 1176
  • Lot Size Acres: 0.12
  • Structure Type: Duplex
  • Subdivision Name: Sturm & Kollers
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: caroldeokaran@remax.net
  • Special Features: None

Interior Features

  • Levels: Basement, Two
  • Furnished: Unfurnished
  • Living Area: 588
  • Owner Pays: Taxes, Trash Collection
  • Upper Level Sq Ft: 588
  • SqFt Total: 1176

Exterior Features

  • Construction Materials: Brick, Other, Vinyl Siding
  • Disclosures: Not Applicable
  • List Price: 44900

Garage/Parking

  • Parking Features: Alley Access
  • Unit Parking: On Street,1 Car Space

Utilities

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

Fee Information

  • Expenses: 2700

Lot Info

  • Lot Features: Access, Partial Fencing
  • Additional Parcels: No
  • Lot Size Sq Ft: 40
  • Parcel Number: 491006132004000101
  • Acres: <1/4 Acre

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas, Water

Multi Family

  • Net Operating Income: 11700
  • Gross Income: 14400
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2430
  • Tax Lot: 56
  • Semi Annual Property Tax Amt: 1215
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2011
Closed on
Jan 19, 2012
Sold by
Tragesser Alice J
Bought by
Lusk Michael C
Seller's Agent
Carol Deokaran
RE/MAX Centerstone
Buyer's Agent
Monica Mueller
Indy Metro Real Estate
List Price
$79,900
Sold Price
$38,750
Premium/Discount to List
-$41,150
-51.5%
Current Estimated Value
$231,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,250
Avg. Annual Appreciation
13.90%
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
Lusk Michael C -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2012 01/19/12 Sold $38,750 -51.5% $66 / Sq Ft
11/22/2011 11/22/11 Pending -- -- --
10/18/2011 10/18/11 For Sale $79,900 -- $136 / 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 $4,672 $191,900 $20,200 $171,700
2023 $4,672 $191,900 $20,200 $171,700
2022 $4,259 $175,400 $20,200 $155,200
2021 $3,540 $148,400 $20,200 $128,200
2020 $1,907 $77,400 $20,200 $57,200
2019 $1,647 $65,000 $20,200 $44,800
2018 $1,464 $56,800 $20,200 $36,600
2017 $1,164 $49,700 $20,200 $29,500
2016 $1,013 $43,600 $20,200 $23,400
2014 $809 $119,800 $20,200 $99,600
2013 $2,491 $119,800 $20,200 $99,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21146535

MIBOR Broker Listing Cooperative®

APN: 49-10-06-132-004.000-101