NOT LISTED FOR SALE

1602 Wade St Indianapolis, IN 46203

Near Southeast Neighborhood

Estimated Value: $184,000 - $197,000

2 Beds
-- Bath
897 Sq Ft
$211/Sq Ft Est. Value

Last Sold December 07, 2020

Last sale price $125,000 $139 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,359/month

About This Home

As of December 2020

2315 Draper St/1602 Wade St is an all brick duplex that has had solid long term tenants of 15 years (2315 Draper St) and 5 years (1602 Wade St) and now 2315 Draper St is ready for you to raise the rent! Buy the duplex and have the neighboring unit offset your payment. Walk to Garfield Brewery, Garfield Park and just south of Fountain Square. Both units have 2 bedrooms/1 bath and basements.

Last Agent to Sell the Property

Brian Harbert

REALTY WORLD-Harbert Company License #RB14027256 Listed on: 11/06/2020

REALTY WORLD-Harbert Company

Co-Listed By

Anna Morken-Mullin

REALTY WORLD-Harbert Company

Last Buyer's Agent

Josh Neuman

@properties

@properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,396

Year Built

  • Built in 1958

Lot Details

  • 5,009

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Additional Features

  • 5,009 Sq Ft Lot
  • Property is near a bus stop
  • Basement

Community Details

  • Subdivision Not Available See Legal

Listing and Financial Details

  • Tenant pays for electricity, gas, insurance, lawncare, sewer, all utilities, water
  • The owner pays for inshazard, insurance, taxes, trash collection, no utilities
  • Assessor Parcel Number 491019101192000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,396

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch, TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1958
  • Co List Office Phone: 317-885-8858
  • Lot Size Acres: 0.115
  • Structure Type: Duplex
  • Subdivision Name: SUBDIVISION NOT AVAILABLE See Legal
  • Inspection Warranties: Not Applicable
  • Property Description: 2315 Draper St/1602 Wade St is an all brick duplex that has had solid long term tenants of 15 years (2315 Draper St) and 5 years (1602 Wade St) and now 2315 Draper St is ready for you to raise the rent! Buy the duplex and have the neighboring unit offset your payment. Walk to Garfield Brewery, Garfield Park and just south of Fountain Square. Both units have 2 bedrooms/1 bath and basements.
  • Transaction Type: Sale,Sale/Lease Back
  • Website: www.HarbertCompany.com
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Owner Pays: InsHazard, Insurance, Insurance, Taxes, Trash Collection, No Utilities
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 125000

Garage/Parking

  • Unit Parking: Guest Parking,On Street,1 Car Space,2 Car Space

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491019101192000101
  • Acres: <1/4 Acre
  • Lot Information: Busline
  • Lot Number: 227
  • Lot Size: 5,009

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance, Insurance, Lawncare, Sewer, All Utilities, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2396
  • Semi Annual Property Tax Amt: 1198
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2020
Closed on
Dec 7, 2020
Sold by
Lovejoy Trust
Bought by
Calderon Javier
Seller's Agent
Brian Harbert
REALTY WORLD-Harbert Company
Buyer's Agent
Josh Neuman
@properties
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$189,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,249
Avg. Annual Appreciation
9.16%
Original Mortgage
$93,750
Outstanding Balance
$83,993
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$105,256
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
Calderon Javier $125,000 Ata National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calderon Javier $93,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2020 12/07/20 Sold $125,000 0.0% $139 / Sq Ft
11/07/2020 11/07/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $125,000 0.0% $139 / Sq Ft
12/18/2015 12/18/15 Rented -- -- --
12/17/2015 12/17/15 Under Contract -- -- --
12/08/2015 12/08/15 For Rent $525 0.0% --
07/05/2012 07/05/12 Rented $525 0.0% --
06/28/2012 06/28/12 Under Contract -- -- --
06/12/2012 06/12/12 For Rent $525 -- --
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 $3,937 $144,700 $8,200 $136,500
2023 $3,937 $160,900 $8,200 $152,700
2022 $3,511 $143,700 $8,200 $135,500
2021 $2,846 $118,300 $8,200 $110,100
2020 $2,600 $107,300 $8,200 $99,100
2019 $2,509 $101,500 $10,400 $91,100
2018 $2,191 $87,300 $10,400 $76,900
2017 $1,823 $80,700 $10,400 $70,300
2016 $1,784 $80,700 $10,400 $70,300
2014 $1,640 $75,800 $10,400 $65,400
2013 $1,674 $75,800 $10,400 $65,400
Source: Public Records

Agents Affiliated with this Home

  • Brian Harbert

    Seller's Agent in 2020

    Brian Harbert

    REALTY WORLD-Harbert Company

    (317) 903-3218

    1 in this area

    152 Total Sales

    Brian Harbert
    Section Image

  • A

    Seller Co-Listing Agent in 2020

    Anna Morken-Mullin

    REALTY WORLD-Harbert Company

    Section Image

  • J

    Buyer's Agent in 2020

    Josh Neuman

    @properties

    Section Image

  • J

    Seller's Agent in 2012

    James Johnson

    REALTY WORLD-Harbert Company

    (317) 885-8858

    8 Total Sales

    James Johnson
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21751043

MIBOR Broker Listing Cooperative®

APN: 49-10-19-101-192.000-101

Indiana Marion County Indianapolis 46203 Near Southeast

1602 Wade St, Indianapolis, IN

This home is located at 1602 Wade St, Indianapolis, IN 46203 since 06 November 2020 and is currently estimated at $189,249, approximately $210 per square foot. This property was built in 1958. 1602 Wade St is a home located in Marion County with nearby schools including Eleanor Skillen School No. 34, 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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