NOT LISTED FOR SALE

1612 E Stop 12 Rd Indianapolis, IN 46227

South Perry Neighborhood

Estimated Value: $275,000 - $285,000

2 Beds
-- Bath
988 Sq Ft
$283/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $215,000 $218 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,086/month

4 Days on Market

Highlights

  • Ranch Style House
  • Perry Meridian Middle School Rated A-
  • Outdoor Storage

About This Home

As of May 2021

All brick duplex in Perry Township has endless possibilities. Both units are 988 Sq. Ft., 2bd, 1bath with 1 car garage. Large eat in kitchen with laundry room. This well-maintained ranch is ideally located near Greenwood Park Mall, stores and restaurants. Includes private driveways on a large corner lot, back patios for privacy, storage shed for lawn equipment and tools. This investment property will move fast.

Last Agent to Sell the Property

Brian Gabel

Ferris Property Group License #RB20001780 Listed on: 05/07/2021

Last Buyer's Agent

Jodi Gandy

Honor Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,940

Year Built

  • Built in 1977

Lot Details

  • 0.31

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Additional Features

  • Crawl Space
  • Outdoor Storage
  • 0.31 Acre Lot

Community Details

  • Winchester Village Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance, all utilities, water
  • The owner pays for taxes
  • Assessor Parcel Number 491519109008000500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,940

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1977
  • Lot Size Acres: 0.313
  • Road Frontage Type: NotApplic
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: WINCHESTER VILLAGE
  • Inspection Warranties: Other
  • Property Description: All brick duplex in Perry Township has endless possibilities. Both units are 988 Sq. Ft., 2bd, 1bath with 1 car garage. Large eat in kitchen with laundry room. This well-maintained ranch is ideally located near Greenwood Park Mall, stores and restaurants. Includes private driveways on a large corner lot, back patios for privacy, storage shed for lawn equipment and tools. This investment property will move fast.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: Taxes
  • Possible Use: Apt>20
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Storage
  • Foundation Details: Crawl Space
  • List Price: 195000
  • Road Access: CityStreet

Garage/Parking

  • Garage Spaces: 2
  • Unit Parking: 1 Car Garage

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: Yes
  • Current Use: Apt>20
  • Parcel Number: 491519109008000500
  • Acres: 1/4-1/2 Acre
  • Lot Information: Corner,Street Lights
  • Lot Number: 15
  • Lot Size: 13,634

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, All Utilities, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4940
  • Semi Annual Property Tax Amt: 2470
  • Tax Exemption: None

MLS Schools

  • School District: Perry Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
May 28, 2021
Sold by
Popovich Nebojsa
Bought by
Lall Narinder
Seller's Agent
Brian Gabel
Ferris Property Group
Buyer's Agent
Jodi Gandy
Honor Realty LLC
List Price
$195,000
Sold Price
$215,000
Premium/Discount to List
$20,000
10.26%
Current Estimated Value
$279,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,484
Avg. Annual Appreciation
6.14%
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
Lall Narinder $215,000 Chicago Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $215,000 +10.3% $218 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $195,000 -- $197 / 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 $7,290 $295,800 $24,700 $271,100
2023 $7,290 $279,800 $24,700 $255,100
2022 $7,174 $256,000 $24,700 $231,300
2021 $5,878 $220,000 $24,700 $195,300
2020 $5,288 $196,200 $24,700 $171,500
2019 $5,100 $188,000 $21,700 $166,300
2018 $4,702 $174,800 $21,700 $153,100
2017 $4,649 $172,600 $21,700 $150,900
2016 $4,376 $162,000 $21,700 $140,300
2014 $3,960 $163,300 $21,700 $141,600
2013 $3,713 $152,700 $21,700 $131,000
Source: Public Records

Agents Affiliated with this Home

  • Brian Gabel

    Seller's Agent in 2021

    Brian Gabel

    Ferris Property Group

    (317) 200-6950

    2 in this area

    14 Total Sales

    Brian Gabel
    Section Image

  • J

    Buyer's Agent in 2021

    Jodi Gandy

    Honor Realty LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21783393

MIBOR Broker Listing Cooperative®

APN: 49-15-19-109-008.000-500

Indiana Marion County Indianapolis 46227 South Perry

1612 E Stop 12 Rd, Indianapolis, IN

This home is located at 1612 E Stop 12 Rd, Indianapolis, IN 46227 since 07 May 2021 and is currently estimated at $279,484, approximately $282 per square foot. This property was built in 1977. 1612 E Stop 12 Rd is a home located in Marion County with nearby schools including Winchester Village Elementary School, Perry Meridian 6th Grade Academy, and Perry Meridian Middle 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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