$148,000
SOLD NOV 2, 2022
-- Bed
-- Bath
606 Sq Ft
0.35 Acres

Recently Sold

$244 Per Sq Ft

41% Below List Price

169 Days on Market

Highlights

  • 0.35 Acre Lot
  • 1-Story Property
  • Property is Fully Fenced
  • Bungalow

About This Home

As of November 2022

CASH FLOW!!!! REQUIRES 72 HOURS NOTICE BY APPOINTMENT ONLY. This income producing property houses four tenants in separate studios. Easch unit has private entrance, bath, kitchen and living space. It is 100 percent occupied with guaranteed rent paid directly to owner. Rent varies according to area of each unit but averages @ $800 per month. Exact leases and rent rolls to be provided to serious buyer. Can be package with three other listings with similar income and tenant residents. 2928 E. 17th, 730 Euclid, and 229 N Temple.

Last Agent to Sell the Property

Bryan McCormick

Real Property Management, LLC Listed on: 03/07/2022

Last Buyer's Agent

Lynn S. Fischer

Fischer & Associates, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $900

Year Built

  • Built in 1900

Lot Details

  • 0.35 Acre Lot
  • Property is Fully Fenced

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1-Story Property

Community Details

  • Airsle Add Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for inshazard, insurance, lawncare, taxes, trash collection, all utilities
  • Assessor Parcel Number 490719127103000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$900

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1900
  • Lot Size Acres: 0.35
  • Structure Type: Duplex
  • Subdivision Name: AIRSLE ADD
  • Inspection Warranties: SeeRemarks
  • Transaction Type: Sale
  • Unit Count: 1
  • Conversion: 0
  • MBR_AttributionContact: bdmac01@gmail.com
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: InsHazard, Insurance, Lawncare, Taxes, Trash Collection, All Utilities
  • Sq Ft Main Upper: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Fence Complete
  • List Price: 249900

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 13400

Lot Info

  • Parcel Number: 490719127103000101
  • Acres: 1/4-1/2 Acre
  • Lot Information: Access Alley,Corner
  • Lot Number: 64
  • Lot Size: .149

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 900
  • Semi Annual Property Tax Amt: 450
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2022
Closed on
Nov 28, 2022
Sold by
Leveridge Jeffrey and Leveridge Patricia
Bought by
Lucky Creek Homes Llc
Seller's Agent
Bryan McCormick
Real Property Management, LLC
Buyer's Agent
Lynn S. Fischer
Fischer & Associates, Inc.
List Price
$249,900
Sold Price
$148,000
Premium/Discount to List
-$101,900
-40.78%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$111,000
Outstanding Balance
$107,552
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$67,439

Purchase Details

Listed on
Mar 7, 2022
Closed on
Nov 23, 2022
Sold by
Leveridge Jeffrey and Leveridge Patricia
Bought by
Lucky Creek Homes Llc
Seller's Agent
Bryan McCormick
Real Property Management, LLC
Buyer's Agent
Lynn S. Fischer
Fischer & Associates, Inc.
List Price
$249,900
Sold Price
$148,000
Premium/Discount to List
-$101,900
-40.78%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Outstanding Balance
$107,552
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$67,439

Purchase Details

Listed on
Mar 7, 2022
Closed on
Nov 7, 2022
Sold by
Affordable Housing Llc
Bought by
Leveridge Jeffrey and Callendo Patricia
Seller's Agent
Bryan McCormick
Real Property Management, LLC
Buyer's Agent
Lynn S. Fischer
Fischer & Associates, Inc.
List Price
$249,900
Sold Price
$148,000
Premium/Discount to List
-$101,900
-40.78%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Outstanding Balance
$107,552
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$67,439

Purchase Details

Listed on
Mar 7, 2022
Closed on
Nov 2, 2022
Sold by
Affordable Housing Llc
Bought by
Leveridge Jeffrey and Callendo Patricia
Seller's Agent
Bryan McCormick
Real Property Management, LLC
Buyer's Agent
Lynn S. Fischer
Fischer & Associates, Inc.
List Price
$249,900
Sold Price
$148,000
Premium/Discount to List
-$101,900
-40.78%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Outstanding Balance
$107,552
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$67,439

Purchase Details

Closed on
May 16, 2019
Sold by
S & C Weekley Llc
Bought by
Affordable Housing Llc

Purchase Details

Closed on
May 3, 2017
Sold by
Catherine L

Purchase Details

Closed on
Oct 27, 2009
Sold by
Berry Christine
Bought by
Martin University
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 Type Sale Price Title Company
Quit Claim Deed -- Near North Title Group
Quit Claim Deed -- Near North Title Group
Warranty Deed $148,000 Near North Title Group
Warranty Deed -- Near North Title Group
Quit Claim Deed -- None Available
Deed $12,000 --
Deed $12,000 Enterprise Title
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $111,000 New Conventional
Closed $111,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 For Sale $179,000 +20.9% --
11/02/2022 11/02/22 Sold $148,000 -40.8% $244 / Sq Ft
08/23/2022 08/23/22 Pending -- -- --
07/23/2022 07/23/22 For Sale $249,900 +68.9% $412 / Sq Ft
06/30/2022 06/30/22 Off Market $148,000 -- --
05/24/2022 05/24/22 Price Changed $249,900 -9.1% $412 / Sq Ft
03/07/2022 03/07/22 For Sale $275,000 -- $454 / 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 $2,253 $91,300 $4,700 $86,600
2023 $2,253 $91,300 $4,700 $86,600
2022 $1,174 $46,100 $4,700 $41,400
2021 $945 $37,300 $4,700 $32,600
2020 $900 $35,300 $2,700 $32,600
2019 $881 $33,900 $2,700 $31,200
2018 $922 $35,400 $2,700 $32,700
2017 $434 $33,700 $2,700 $31,000
2016 $482 $38,300 $2,700 $35,600
2014 $431 $38,400 $2,700 $35,700
2013 $465 $38,400 $2,700 $35,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21841322

MIBOR Broker Listing Cooperative®

APN: 49-07-19-127-103.000-101