NOT LISTED FOR SALE

1537 S Reisner St Indianapolis, IN 46221

West Indianapolis Neighborhood

Estimated Value: $68,000 - $179,000

3 Beds
-- Bath
664 Sq Ft
$159/Sq Ft Est. Value

Last Sold December 23, 2019

Last sale price $45,000 $68 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $590/month

About This Home

As of December 2019

Great duplex in a very popular area! This multi-family unit is a great investment for the house hacker or an investor looking for a great ROI. With a little bit of work, this property is sure to shine! Schedule your tour today.

Last Agent to Sell the Property

Maxwell Richter

Wilmoth Group License #RB15000880 Listed on: 11/07/2019

Last Buyer's Agent

Tyler Renick

Tyler Knows Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $528

Year Built

  • Built in 1934

Lot Details

  • 5,619 Sq Ft Lot

Home Design

  • Traditional Architecture

Community Details

  • Bonds Pleasant Addition Subdivision

Listing and Financial Details

  • Tenant pays for insurance, all utilities
  • The owner pays for taxes, no utilities
  • Assessor Parcel Number 491115144012000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$528

Year Built

Built in 1934

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: 1934
  • Lot Size Acres: 0.129
  • Structure Type: Duplex
  • Subdivision Name: BONDS PLEASANT ADDITION
  • Inspection Warranties: Not Applicable
  • Property Description: Great duplex in a very popular area! This multi-family unit is a great investment for the house hacker or an investor looking for a great ROI. With a little bit of work, this property is sure to shine! Schedule your tour today.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Owner Pays: Taxes, No Utilities
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • List Price: 54900

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 491115144012000101
  • Acres: <1/4 Acre
  • Lot Information: Curbs
  • Lot Number: 10
  • Lot Size: 5,619

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Insurance, All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 528
  • Semi Annual Property Tax Amt: 264
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2020
Sold by
Cormier Thomas
Bought by
At Home In Indy Llc
Current Estimated Value
$105,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2020
Sold by
At Home In Indy Llc
Bought by
Cormier Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,700
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 7, 2019
Closed on
Dec 8, 2019
Sold by
Avila Jason D
Bought by
At Home In Indy Llc
Seller's Agent
Maxwell Richter
Wilmoth Group
Buyer's Agent
Tyler Renick
Tyler Knows Real Estate LLC
List Price
$54,900
Sold Price
$45,000
Premium/Discount to List
-$9,900
-18.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.76%

Purchase Details

Listed on
Jul 3, 2018
Closed on
Sep 28, 2018
Bought by
Avila
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Peter Stewart
Peter Stewart Realty LLC
List Price
$59,900
Sold Price
$58,900
Premium/Discount to List
-$1,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-19.80%
Original Mortgage
$44,925
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,866
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2005
Sold by
Haley Terrence A
Bought by
R A M Investments Inc
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
At Home In Indy Llc -- None Available
Cormier Thomas -- None Available
At Home In Indy Llc -- Chicago Title
Avila $59,900 --
Avila Jason D $59,900 Monument Title
-- $21,500 --
Mlr Paramount Llc $21,500 Monument Title Insurance Compa
R A M Investments Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open At Home In Indy Llc $100,000
Closed At Home In Indy Llc $0
Previous Owner Cormier Thomas $49,700
Previous Owner Avila Jason D $44,925
Previous Owner Mlr Paramount Llc $22,866
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2019 12/23/19 Sold $45,000 -18.0% $68 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
11/07/2019 11/07/19 For Sale $54,900 -6.8% $83 / Sq Ft
10/03/2018 10/03/18 Sold $58,900 +7.1% $89 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
07/17/2018 07/17/18 Price Changed $55,000 -8.2% $83 / Sq Ft
07/03/2018 07/03/18 For Sale $59,900 -- $90 / 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 $78 $2,800 $2,800 --
2023 $78 $2,800 $2,800 $0
2022 $1,969 $2,800 $2,800 $0
2021 $1,417 $56,400 $2,800 $53,600
2020 $1,196 $46,700 $2,800 $43,900
2019 $1,163 $44,500 $2,800 $41,700
2018 $797 $28,800 $2,800 $26,000
2017 $638 $24,900 $2,800 $22,100
2016 $604 $23,900 $2,800 $21,100
2014 $497 $23,000 $2,800 $20,200
2013 $624 $28,000 $2,800 $25,200
Source: Public Records

Agents Affiliated with this Home

  • Maxwell Richter

    Seller's Agent in 2019

    Maxwell Richter

    Wilmoth Group

    (317) 842-3400

    4 in this area

    260 Total Sales

    Section Image

  • T

    Buyer's Agent in 2019

    Tyler Renick

    Tyler Knows Real Estate LLC

    Section Image
  • Charlene Gaard

    Seller's Agent in 2018

    Charlene Gaard

    No Limit Real Estate, LLC

    (317) 440-2149

    7 in this area

    283 Total Sales

    Section Image

  • P

    Buyer's Agent in 2018

    Peter Stewart

    Peter Stewart Realty LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21680347

MIBOR Broker Listing Cooperative®

APN: 49-11-15-144-012.000-101

Indiana Marion County Indianapolis 46221 West Indianapolis

1537 S Reisner St, Indianapolis, IN

This home is located at 1537 S Reisner St, Indianapolis, IN 46221 since 07 November 2019 and is currently estimated at $105,525, approximately $158 per square foot. This property was built in 1934. 1537 S Reisner St is a home located in Marion County with nearby schools including Daniel Webster School 46, George Washington Community High School (9-12), 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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