NOT LISTED FOR SALE

Estimated Value: $551,435 - $688,000

2 Beds
-- Bath
-- Sq Ft
5,663 Sq Ft Lot

Last Sold November 19, 2021

Last sale price $499,000

Est. 24% increase in value since last sale

Current estimated payment $4,033/month

1 Day on Market

About This Home

As of November 2021

Wow, are you looking for an amazing 4 unit rental with all of the potential in the world and room to grow? If you are, look no further. This building has 4 existing units and the attic space is available to make one large, 2-story owners suite from one of the other units. There are 2 one bedroom units and 2 two bedroom units. 3 units have been completely updated with updated flooring in kitchen and baths, paint, lights, and appliances.

Last Agent to Sell the Property

Chuck Pennington

Victor & Valor Property Group License #RB14050856 Listed on: 09/20/2021

Victor & Valor Property Group

Last Buyer's Agent

Kristin Glassburn

@properties

@properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,774

Year Built

  • 1898

Lot Details

  • 5,663

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,774

Year Built

1898

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Residential Units - 1 to 4
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 4
  • Conversion: 0
  • Architectural Style: TraditonalAmerican
  • Directions: East on 16th from Meridian. North on Talbott to home on right (east) side of street.
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Quadruplex
  • Subdivision Name: ELIZ TALBOTTS
  • Special Features: None
  • Year Built: 1898

Interior Features

  • Sq Ft Main Upper: 0
  • Laundry: Common
  • Basement YN: Yes
  • Owner Pays: InsHazard, Insurance, Insurance, Lawncare, Taxes, Sewer, Trash Collection, All Utilities

Exterior Features

  • Exterior Features: Not Applicable
  • Foundation Details: Brick
  • Interstate: Ramp<1Mi
  • Construction Type: Wood
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Sidewalks,Street Lights
  • Lot Number: 227
  • Lot Size: 117x50

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Insurance, No Utilities

Tax Info

  • Semi Annual Property Tax Amt: 3387
  • Tax Exemption: None
  • Tax Annual Amount: 6774
  • Tax Year: 2020

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Jan 5, 2022
Sold by
Walsingham Llc
Bought by
Casale Warrants Tograziano
Seller's Agent
Chuck Pennington
Victor & Valor Property Group
Buyer's Agent
Kristin Glassburn
@properties
List Price
$499,000
Sold Price
$499,000
Current Estimated Value
$619,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,718
Avg. Annual Appreciation
5.31%
Original Mortgage
$374,250
Outstanding Balance
$344,963
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$274,755

Purchase Details

Listed on
Sep 20, 2021
Closed on
Nov 19, 2021
Sold by
Walsingham Llc
Bought by
Casale Warrants Tograziano
Seller's Agent
Chuck Pennington
Victor & Valor Property Group
Buyer's Agent
Kristin Glassburn
@properties
List Price
$499,000
Sold Price
$499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,250
Outstanding Balance
$344,963
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$274,755

Purchase Details

Listed on
Feb 28, 2019
Closed on
Jul 10, 2019
Sold by
Mpt Properties Llc
Bought by
Walsingham Llc
Seller's Agent
Jenni Bliss McMillion
@properties
Buyer's Agent
Chuck Pennington
@properties
List Price
$357,000
Sold Price
$354,000
Premium/Discount to List
-$3,000
-0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.66%
Original Mortgage
$258,750
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 2, 2015
Closed on
Jul 10, 2015
Sold by
Murray Oscar
Bought by
Mpt Properties Llc
Seller's Agent
Frederick Catron
F.C. Tucker Company
Buyer's Agent
IUO Non-BLC Member
Non-BLC Office
List Price
$285,000
Sold Price
$272,000
Premium/Discount to List
-$13,000
-4.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%

Purchase Details

Closed on
Jul 22, 2005
Sold by
Rouselle Shea
Bought by
Murray Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,800
Interest Rate
6.87%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Casale Warrants Tograziano $497,752 Hall Render Killian Heath & Ly
Casale Warrants Tograziano $499,000 Hall Render Killian Heath & Ly
Walsingham Llc $354,000 First American Title Insurance
Mpt Properties Llc -- Attorney
Murray Oscar -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casale Warrants Tograziano $374,250
Previous Owner Casale Warrants Tograziano $374,250
Previous Owner Walsingham Llc $258,750
Previous Owner Murray Oscar $202,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/19/2021 11/19/21 Sold $499,000 0.0% --
09/22/2021 09/22/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $499,000 +41.0% --
07/10/2019 07/10/19 Sold $354,000 -0.8% -- View Prior Sale
03/03/2019 03/03/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $357,000 +31.3% --
07/01/2015 07/01/15 Sold $272,000 -4.6% -- View Prior Sale
06/10/2015 06/10/15 Pending -- -- --
06/02/2015 06/02/15 For Sale $285,000 -- --
Source: MIBOR Broker Listing Cooperative®

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 $9,695 $731,800 $25,400 $706,400
2023 $9,695 $404,800 $25,400 $379,400
2022 $7,685 $321,700 $25,400 $296,300
2021 $6,835 $292,500 $23,100 $269,400
2020 $6,857 $292,500 $23,100 $269,400
2019 $6,708 $280,700 $23,100 $257,600
2018 $6,765 $280,700 $23,100 $257,600
2017 $5,816 $270,400 $23,100 $247,300
2016 $5,399 $256,400 $23,100 $233,300
2014 $4,708 $256,300 $23,100 $233,200
2013 $5,024 $256,400 $23,200 $233,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21814289

MIBOR Broker Listing Cooperative®

APN: 49-06-36-176-020.000-101