NOT LISTED FOR SALE

Estimated Value: $96,682 - $107,000

1 Bed
-- Bath
608 Sq Ft
$167/Sq Ft Est. Value

Last Sold December 09, 2016

Last sale price $47,000 $77 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $733/month

2 Days on Market

About This Home

As of December 2016

Amazing investment opportunity for this duplex that already has a tenant! Each side of the duplex has a spacious great room, a dining area adjacent to a galley kitchen (fridge and stove included in each unit), an updated bathroom, and a large bedroom that includes a closet with laundry hookups. Detached garage has a separated space for each unit. Separate utilities/mechanicals for each unit. Live in one side and keep the other rented or rent out both sides for extra cash flow. Don't miss it!

Last Agent to Sell the Property

Jessica Carl Roof

Highgarden Real Estate License #RB14045867 Listed on: 11/02/2016

Last Buyer's Agent

Cindy Kanyuh

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $922

Year Built

  • Built in 1955

Lot Details

  • 5,271 Sq Ft Lot
  • Mature Trees

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Construction Material

Community Details

  • Rainbow Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490632115216000901

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$922

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1955
  • Lot Size Acres: 0.121
  • Subdivision Name: RAINBOW RIDGE
  • Inspection Warranties: Not Applicable
  • Property Description: Amazing investment opportunity for this duplex that already has a tenant! Each side of the duplex has a spacious great room, a dining area adjacent to a galley kitchen (fridge and stove included in each unit), an updated bathroom, and a large bedroom that includes a closet with laundry hookups. Detached garage has a separated space for each unit. Separate utilities/mechanicals for each unit. Live in one side and keep the other rented or rent out both sides for extra cash flow. Don't miss it!
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: Other
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Vinyl With Stone
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • List Price: 47000

Garage/Parking

  • Garage Spaces: 1
  • Unit Parking: 2 Car Garage

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 490632115216000901
  • Acres: <1/4 Acre
  • Lot Information: Tree Mature
  • Lot Number: 715
  • Lot Size: 5,271

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Other

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 922
  • Semi Annual Property Tax Amt: 461
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2016
Closed on
Dec 22, 2016
Sold by
Travis R Griffith
Bought by
Haggard Mary
Seller's Agent
Jessica Carl Roof
Highgarden Real Estate
Buyer's Agent
Cindy Kanyuh
List Price
$47,000
Sold Price
$47,000
Current Estimated Value
$101,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,561
Avg. Annual Appreciation
9.13%
Original Mortgage
$35,000
Outstanding Balance
$28,921
Interest Rate
4.3%
Estimated Equity
$72,640

Purchase Details

Closed on
Aug 12, 2013
Sold by
Mcintyre Wesley
Bought by
Griffith Travis R

Purchase Details

Listed on
Jan 17, 2013
Closed on
Feb 19, 2013
Sold by
Barnes Barry T
Bought by
Mcintyre Wesley
Seller's Agent
Scott Wynkoop
Wynkoop Brokerage Firm, LLC
Buyer's Agent
Fabricio Perez
eXp Realty, LLC
List Price
$74,900
Sold Price
$16,000
Premium/Discount to List
-$58,900
-78.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.77%
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
Haggard Mary -- --
Griffith Travis R $35,000 --
Mcintyre Wesley $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haggard Mary $35,000
Closed Haggard Mary --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2016 12/09/16 Sold $47,000 0.0% $77 / Sq Ft
11/07/2016 11/07/16 Off Market $47,000 -- --
11/05/2016 11/05/16 Pending -- -- --
11/02/2016 11/02/16 For Sale $47,000 +193.8% $77 / Sq Ft
02/20/2013 02/20/13 Sold $16,000 -78.6% $26 / Sq Ft
01/31/2013 01/31/13 Pending -- -- --
01/17/2013 01/17/13 For Sale $74,900 -- $123 / 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 $2,324 $100,700 $3,800 $96,900
2023 $2,324 $92,800 $3,800 $89,000
2022 $2,267 $92,800 $3,800 $89,000
2021 $1,559 $62,400 $3,800 $58,600
2020 $1,356 $53,500 $3,800 $49,700
2019 $1,317 $50,900 $3,800 $47,100
2018 $1,162 $44,000 $3,800 $40,200
2017 $1,061 $44,700 $3,800 $40,900
2016 $525 $39,900 $3,800 $36,100
2014 $404 $37,100 $3,800 $33,300
2013 $876 $38,200 $3,800 $34,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21451449

MIBOR Broker Listing Cooperative®

APN: 49-06-32-115-216.000-901