NOT LISTED FOR SALE

Estimated Value: $173,722 - $216,000

2 Beds
-- Bath
877 Sq Ft
$215/Sq Ft Est. Value

Last Sold December 26, 2023

Last sale price $155,000 $177 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,410/month

3 Days on Market

About This Home

As of December 2023

Amazing investment opportunity in Community Heights on the Near East Side! Located just a short drive from Irvington, Ellenberger Park, and minutes from IUPUI, this recently updated (on both sides) duplex is in the prime location to fit all of your needs. The layout of this duplex is especially rare, featuring 2-bed, 1-bath layouts (on the main level) w/ full basements on both sides. One side (1706) is currently unoccupied (ready to lease!) while the other side (1708) is occupied by a tenant that's been in place since Feb 2023. The possibilities for how to use the space are endless! Find comfort and convenience in calling one side your home, while using the other as an income producing rental unit, OR operate both units as rentals. Professional management is already in place with Intrigue Property Management. Truly a great addition to any investment portfolio.

Last Agent to Sell the Property

Ryan Rominger

Trueblood Real Estate Brokerage Email: ryan.rominger@compass.com License #RB18002043 Listed on: 12/07/2023

Trueblood Real Estate

Last Buyer's Agent

Joseph Faulkner

United Real Estate Indpls

United Real Estate Indpls

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,086

Year Built

  • Built in 1964

Lot Details

  • 9,496

Home Design

  • Duplex
  • Ranch Style House
  • Traditional Architecture

Additional Features

  • Washer and Dryer Hookup
  • 9,496 Sq Ft Lot
  • Forced Air Heating System
  • Basement

Community Details

  • Arlington Heights Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, lawncare, sewer, all utilities, water
  • The owner pays for insurance, taxes
  • Tax Lot 56
  • Assessor Parcel Number 490734101032000701

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,086

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Ranch, TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1964
  • Lot Size Acres: 0.22
  • On Market Date: 2023-12-07
  • Structure Type: Duplex
  • Subdivision Name: Arlington Heights
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: ryan.rominger@compass.com
  • Multi Rooms: 10
  • Attribution Contact: ryan.rominger@compass.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: One
  • Owner Pays: Insurance, Taxes
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 149900
  • Road Access: Access Rd

Garage/Parking

  • Unit Parking: Other

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air
  • Laundry Features: Connections All
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 2500

Lot Info

  • Property Attached Yn: No
  • Current Use: Apt<20
  • Lot Size Sq Ft: 9496
  • Parcel Number: 490734101032000701
  • Zoning: Residential
  • Acres: <1/4 Acre
  • Price Acre: 704545

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Cable TV, Electricity, Lawncare, Sewer, All Utilities, Water

Multi Family

  • Gross Income: 20400
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3086
  • Tax Lot: 56
  • Semi Annual Property Tax Amt: 1543
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2024
Sold by
Apollo Realty Inc
Bought by
Ballard Lucas A and Ballard Karen M
Current Estimated Value
$188,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Outstanding Balance
$115,065
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$73,509

Purchase Details

Listed on
Dec 7, 2023
Closed on
Dec 28, 2023
Sold by
Sbox Llc
Bought by
Apollo Realty Inc
Seller's Agent
Ryan Rominger
Trueblood Real Estate
Buyer's Agent
Joseph Faulkner
United Real Estate Indpls
List Price
$149,900
Sold Price
$155,000
Premium/Discount to List
$5,100
3.4%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.87%

Purchase Details

Listed on
Mar 9, 2021
Closed on
May 21, 2021
Sold by
Steinfeld Jeanne E
Bought by
Sbox Llc
Seller's Agent
Melissa Trahan
Dropped Members
Buyer's Agent
Ray Podesta
Highgarden Real Estate
List Price
$200,000
Sold Price
$190,000
Premium/Discount to List
-$10,000
-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
-7.53%
Original Mortgage
$152,000
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Ballard Lucas A $157,000 Best Title Services
Apollo Realty Inc $155,000 Best Title Services
Sbox Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballard Lucas A $116,000
Closed Ballard Lucas A $109,900
Previous Owner Sbox Llc $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2023 12/26/23 Sold $155,000 +3.4% $177 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
12/07/2023 12/07/23 For Sale $149,900 -21.1% $171 / Sq Ft
05/21/2021 05/21/21 Sold $190,000 -5.0% $217 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $200,000 0.0% $228 / Sq Ft
10/19/2018 10/19/18 Rented $775 -8.8% --
09/24/2018 09/24/18 For Rent $850 -- --
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 $4,529 $186,500 $9,300 $177,200
2023 $4,529 $185,100 $9,300 $175,800
2022 $3,222 $130,700 $9,300 $121,400
2021 $2,547 $104,600 $8,800 $95,800
2020 $1,891 $76,000 $8,800 $67,200
2019 $1,899 $75,000 $8,800 $66,200
2018 $1,622 $62,800 $8,800 $54,000
2017 $1,279 $54,400 $8,800 $45,600
2016 $1,169 $50,400 $8,800 $41,600
2014 $1,051 $48,600 $8,800 $39,800
2013 $1,632 $74,000 $8,800 $65,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21956096

MIBOR Broker Listing Cooperative®

APN: 49-07-34-101-032.000-701