NOT LISTED FOR SALE

16 Market St Unit A&B Indianapolis, IN 46227

Estimated Value: $222,559 - $257,000

3 Beds
-- Bath
-- Sq Ft
5,750 Sq Ft Lot

Last Sold October 26, 2018

Last sale price $132,400

Est. 68% increase in value since last sale

Current estimated payment $1,494/month

3 Days on Market

Highlights

  • Outdoor Storage
  • Partially Fenced Property
  • 2-minute walk to Southport Park

About This Home

As of October 2018

Very unique duplex. Front to back design, You think your living in a single family home Living quarters are on the upper level. Consisting of Large Living room Dining room combination, kitchen with appliances,builtin hall storage closet,1 bedroom,1 full bath. Main level consists of a Main Entrance large Family room,quest closet,utility closet, side entrance to covered patio, W & D located in heated 1 car attached garage. Privacy Fence around most of the property, storage barn, finished garage w/ GDO"s 2 car Aluminum carport on B (rear) A side faces Market St. B side faces alley in rear with access from Southport Rd. across from Derbyshire & Southport Rd. Gutters downspouts in 2017,windows in 2017,roof 2012,carport,and storage shed 2017.

Last Agent to Sell the Property

Daniel Shine

Shine Realty, LLC License #RB14032883 Listed on: 09/17/2018

Last Buyer's Agent

Stacy Sims

CENTURY 21 Scheetz License #RB14040236

CENTURY 21 Scheetz

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,866

Year Built

  • Built in 1964

Lot Details

  • 5,750 Sq Ft Lot
  • Partially Fenced Property
  • Privacy Fence

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Slab Foundation
  • Aluminum Siding

Additional Features

  • 2-Story Property
  • Outdoor Storage

Community Details

  • Webbs Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, insurance, sewer, water
  • The owner pays for inshazard
  • Assessor Parcel Number 491518108012000513

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,866

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Two Story
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1964
  • Lot Size Acres: 0.132
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: WEBBS
  • Inspection Warranties: Not Applicable
  • Property Description: Very unique duplex. Front to back design, You think your living in a single family home Living quarters are on the upper level. Consisting of Large Living room Dining room combination, kitchen with appliances,builtin hall storage closet,1 bedroom,1 full bath. Main level consists of a Main Entrance large Family room,quest closet,utility closet, side entrance to covered patio, W & D located in heated 1 car attached garage. Privacy Fence around most of the property, storage barn, finished garage w/ GDO"s 2 car Aluminum carport on B (rear) A side faces Market St. B side faces alley in rear with access from Southport Rd. across from Derbyshire & Southport Rd. Gutters downspouts in 2017,windows in 2017,roof 2012,carport,and storage shed 2017.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Lifestyles: Double/Duplex
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: Two
  • Owner Pays: InsHazard, Other
  • Possible Use: Residential
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 6534
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fence Partial, Fence Privacy, Storage
  • Foundation Details: Slab
  • List Price: 132400
  • Road Access: CityStreet,StreetCuts

Garage/Parking

  • Garage Spaces: 2
  • Carport Spaces: 1
  • Unit Parking: Covered,1 Car Garage,On Street,Paved Area
  • Auto Parking: 4
  • Auto Surface: concrete

Utilities

  • Solid Waste: 0
  • HVAC: Boiler hot water heat

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: Yes
  • Current Use: Residential
  • Parcel Number: 491518108012000513
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Curbs,Sidewalks,Suburban
  • Lot Number: 9
  • Lot Size: 6534

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance, Sewer, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1866
  • Semi Annual Property Tax Amt: 933
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption
  • Multiple Tax I D: 491518108006000513

MLS Schools

  • School District: Perry Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2018
Closed on
Oct 26, 2018
Sold by
Shine Karen A
Bought by
Jonathan Penedleton
Seller's Agent
Daniel Shine
Shine Realty, LLC
Buyer's Agent
Stacy Sims
CENTURY 21 Scheetz
List Price
$134,900
Sold Price
$132,400
Premium/Discount to List
-$2,500
-1.85%
Current Estimated Value
$221,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,556
Avg. Annual Appreciation
8.89%
Original Mortgage
$130,001
Interest Rate
4.6%
Mortgage Type
FHA
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
Jonathan Penedleton $132,000 --
Pendleton Jonathan -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pendleton Jonathan $120,000
Closed Pendleton Jonathan $130,001
Previous Owner Shine Karen A $20,700
Previous Owner Shine Karen A $106,500
Previous Owner Shine Daniel J $3,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Sold $132,400 0.0% --
09/20/2018 09/20/18 Pending -- -- --
09/18/2018 09/18/18 Price Changed $132,400 +1.9% --
09/17/2018 09/17/18 Price Changed $129,900 -3.7% --
09/16/2018 09/16/18 For Sale $134,900 -- --
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 $3,341 $190,300 $20,100 $170,200
2023 $3,341 $191,500 $20,100 $171,400
2022 $3,161 $176,200 $20,100 $156,100
2021 $2,741 $152,100 $20,100 $132,000
2020 $2,574 $145,300 $20,100 $125,200
2019 $2,743 $150,000 $10,000 $140,000
2018 $2,521 $143,000 $10,000 $133,000
2017 $1,954 $112,100 $10,000 $102,100
2016 $1,855 $108,900 $10,000 $98,900
2014 $2,730 $111,900 $10,000 $101,900
2013 $1,257 $111,900 $10,000 $101,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21595804

MIBOR Broker Listing Cooperative®

APN: 49-15-18-108-012.000-513