NOT LISTED FOR SALE

1721 S State Ave Indianapolis, IN 46203

Near Southeast Neighborhood

Estimated Value: $79,000 - $111,662

2 Beds
-- Bath
843 Sq Ft
$113/Sq Ft Est. Value

Last Sold April 25, 2022

Last sale price $70,000 $83 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $801/month

1 Day on Market

About This Home

As of April 2022

Check out the next addition to your portfolio. This one bed one bath duplex is just south of Fountain Square and has potential to really shine. 1721's lease is ending 4/31/2022 and the lease for 1723 ends 7/31/2022. Both sides are currently rented for $500/month per unit with room to grow to market rent with renovation. Both sides will be open for viewing 04/09/2022 from 2 to 4 pm.

Last Agent to Sell the Property

Krystal Maldonado

eXp Realty, LLC Listed on: 04/06/2022

Co-Listed By

Dawn Whalen

F.C. Tucker Company

Last Buyer's Agent

Kenneth Yoder

Mark Dietel Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,142

Year Built

  • Built in 1896

Lot Details

  • 5,358 Sq Ft Lot

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Siding

Additional Features

  • Basement

Community Details

  • Braguniers Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for insurance
  • Assessor Parcel Number 491018152025000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,142

Year Built

Built in 1896

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: 2018
  • Year Built: 1896
  • Co List Office Phone: 317-888-3311
  • Lot Size Acres: 0.123
  • Subdivision Name: BRAGUNIERS
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Unit Count: 1
  • Conversion: 0
  • MBR_AttributionContact: krystal@whalenrealtygroup.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Owner Pays: Insurance
  • Sq Ft Main Upper: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 70000

Garage/Parking

  • Unit Parking: 2 Car Space

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491018152025000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street
  • Lot Number: 5
  • Lot Size: 5,358

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1142
  • Semi Annual Property Tax Amt: 571
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2022
Closed on
Apr 25, 2022
Sold by
Gsc Blue Horizons Llc
Bought by
1721 Llc
Seller's Agent
Krystal Maldonado
eXp Realty, LLC
Buyer's Agent
Kenneth Yoder
Mark Dietel Realty, LLC
List Price
$70,000
Sold Price
$70,000
Current Estimated Value
$112,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,831
Avg. Annual Appreciation
25.11%

Purchase Details

Closed on
Nov 28, 2021
Sold by
Karo Steven L
Bought by
Gsc Blue Horizons Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,711
Interest Rate
3.14%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 24, 2020
Closed on
May 8, 2020
Sold by
Hubbs Rentals Inc
Bought by
Karo Steven L
Seller's Agent
Jennifer Snider
Esquire Real Estate Group LLC
Buyer's Agent
Kelly Dorsey
eXp Realty, LLC
List Price
$68,000
Sold Price
$48,000
Premium/Discount to List
-$20,000
-29.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.65%
Original Mortgage
$36,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2014
Sold by
Hubbell Randall
Bought by
Hubbs Rentals
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
1721 Llc $70,000 Quality Title
Gsc Blue Horizons Llc $55,000 Investors Title
Karo Steven L $48,000 Fidelity National Title
Hubbs Rentals -- --
Hubbs Rentals -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gsc Blue Horizons Llc $13,711
Previous Owner Gsc Blue Horizons Llc $13,711
Previous Owner Karo Steven L $36,000
Previous Owner Hubbell Randy $18,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2022 04/25/22 Sold $70,000 0.0% $83 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
04/06/2022 04/06/22 Price Changed $70,000 0.0% $83 / Sq Ft
04/06/2022 04/06/22 For Sale $70,000 0.0% $83 / Sq Ft
03/29/2022 03/29/22 Off Market $70,000 -- --
05/08/2020 05/08/20 Sold $48,000 -17.2% $46 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
02/14/2020 02/14/20 Price Changed $58,000 -14.7% $55 / Sq Ft
02/05/2020 02/05/20 For Sale $68,000 0.0% $65 / Sq Ft
01/31/2020 01/31/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $68,000 -- $65 / 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 $2,240 $88,600 $5,000 $83,600
2023 $2,240 $88,600 $5,000 $83,600
2022 $1,609 $62,400 $5,000 $57,400
2021 $1,356 $53,000 $5,000 $48,000
2020 $1,220 $47,000 $5,000 $42,000
2019 $1,330 $50,900 $2,900 $48,000
2018 $1,268 $47,900 $2,900 $45,000
2017 $1,077 $44,900 $2,900 $42,000
2016 $1,017 $43,100 $2,900 $40,200
2014 $876 $40,500 $2,900 $37,600
2013 $1,000 $48,100 $2,900 $45,200
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Krystal Maldonado

    eXp Realty, LLC

  • D

    Seller Co-Listing Agent in 2022

    Dawn Whalen

    F.C. Tucker Company

    Section Image

  • K

    Buyer's Agent in 2022

    Kenneth Yoder

    Mark Dietel Realty, LLC

    Section Image
  • Jennifer Snider

    Seller's Agent in 2020

    Jennifer Snider

    Esquire Real Estate Group LLC

    (317) 797-1281

    3 in this area

    27 Total Sales

    Section Image

  • K

    Buyer's Agent in 2020

    Kelly Dorsey

    eXp Realty, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21845785

MIBOR Broker Listing Cooperative®

APN: 49-10-18-152-025.000-101

Indiana Marion County Indianapolis 46203 Near Southeast

1721 S State Ave, Indianapolis, IN

This home is located at 1721 S State Ave, Indianapolis, IN 46203 since 06 April 2022 and is currently estimated at $95,331, approximately $113 per square foot. This property was built in 1896. 1721 S State Ave is a home located in Marion County with nearby schools including William McKinley School 39, Arlington Community Middle School, 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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