NOT LISTED FOR SALE

1702 Union St Indianapolis, IN 46225

Old Southside Neighborhood

Estimated Value: $54,795 - $314,000

2 Beds
-- Bath
1,554 Sq Ft
$119/Sq Ft Est. Value

Last Sold June 21, 2012

Last sale price $18,716 $12 Per Sq Ft

Est. 885% increase in value since last sale

Current estimated payment $1,102/month

245 Days on Market

About This Home

As of June 2012

Great potential with this investment property. Currently 3 units but large attic can be converted to a studio with its own entrance. Only one unit currently occupied. Rents listed are market rents. Needs repairs and updates.

Last Agent to Sell the Property

Christie Snapp

@properties Listed on: 07/13/2011

@properties

Last Buyer's Agent

Christie Snapp

@properties Listed on: 07/13/2011

@properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 30 Sq Ft Lot

Home Design

  • 1,554 Sq Ft Home
  • Triplex

Community Details

  • J J Coopers 2Nd S Meridian St Add Subdivision
  • No Laundry Facilities

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for taxes
  • Tax Lot 29
  • Assessor Parcel Number 491113181028000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2011
  • Year Built: 1905
  • Building Area Total: 3108
  • Subdivision Name: J J Coopers 2nd S Meridian St Add
  • Inspection Warranties: General,Lead Base Paint
  • Transaction Type: Sale
  • Conversion: Yes
  • MBR_AttributionContact: christie@atpropertiesind.com
  • Special Features: 4108

Interior Features

  • Living Area: 1554
  • Owner Pays: Taxes
  • Upper Level Sq Ft: 1554
  • SqFt Total: 3108

Exterior Features

  • Construction Materials: Wood
  • List Price: 10000

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Utilities: Gas Nearby, Water Connected
  • Laundry Features: No Laundry Facil.
  • Security Features: Smoke Alarm
  • Solid Waste: No

Fee Information

  • Expenses: 0

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 30
  • Parcel Number: 491113181028000101

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 1440
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1892
  • Tax Lot: 29
  • Semi Annual Property Tax Amt: 946
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2011
Closed on
Jun 21, 2012
Sold by
Stoller John G and Stoller Selina
Bought by
Meyer Don
Seller's Agent
Christie Snapp
@properties
Buyer's Agent
Christie Snapp
@properties
List Price
$63,900
Sold Price
$18,716
Premium/Discount to List
-$45,184
-70.71%
Current Estimated Value
$184,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,682
Avg. Annual Appreciation
20.17%

Purchase Details

Closed on
Jan 20, 2006
Sold by
1702 Union Street Trust
Bought by
Stoller John G and Stoller Selina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 6, 2005
Sold by
Fannie Mae
Bought by
1702 Union Street Trust
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
Meyer Don -- None Available
Stoller John G -- None Available
1702 Union Street Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stoller John G $64,000
Previous Owner Stoller John G $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2012 06/21/12 Sold $18,716 -70.7% $12 / Sq Ft
03/15/2012 03/15/12 Pending -- -- --
07/13/2011 07/13/11 For Sale $63,900 -- $41 / 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 $961 $67,400 $7,600 $59,800
2023 $961 $34,100 $3,800 $30,300
2022 $773 $26,400 $3,800 $22,600
2021 $690 $23,500 $3,400 $20,100
2020 $691 $23,500 $3,400 $20,100
2019 $673 $22,400 $3,400 $19,000
2018 $676 $22,400 $3,400 $19,000
2017 $597 $21,500 $3,400 $18,100
2016 $559 $20,200 $3,400 $16,800
2014 $432 $20,000 $3,400 $16,600
2013 $1,414 $68,000 $3,400 $64,600
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Christie Snapp

    @properties

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21132019

MIBOR Broker Listing Cooperative®

APN: 49-11-13-181-028.000-101

Indiana Marion County Indianapolis 46225 Old Southside

1702 Union St, Indianapolis, IN

This home is located at 1702 Union St, Indianapolis, IN 46225 since 13 July 2011 and is currently estimated at $184,398, approximately $118 per square foot. This property was built in 1905. 1702 Union St is a home located in Marion County with nearby schools including James A. Garfield School 31, 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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