NOT LISTED FOR SALE

Estimated Value: $178,000 - $179,485

2 Beds
-- Bath
836 Sq Ft
$214/Sq Ft Est. Value

Last Sold November 18, 2019

Last sale price $110,000 $132 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,265/month

2 Days on Market

About This Home

As of November 2019

This is a fantastic location, close to Community Hospital East, restaurants and retail. Easy care stone and brick exterior! The 1802 side has been totally rehabbed, the E 18th side has been rented to the same tenants for years but definitely has some nice tile/updates. Rents are $645 (Section 8) and $645, but upon move-out, could potentially be raised. The tenants pay ALL utilities. Each side has a private front porch, unusual in most duplexes. The units are identical. Seller has never lived in the property.

Last Agent to Sell the Property

Barb Getty

Barnes Property Management LLC License #RB14038464 Listed on: 09/23/2019

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,480

Year Built

  • Built in 1968

Lot Details

  • 10,454 Sq Ft Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Stone

Community Details

  • Arlington Heights Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance, lawncare, all utilities
  • The owner pays for insurance, no utilities
  • Assessor Parcel Number 490734101081000701

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,480

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1968
  • Lot Size Acres: 0.24
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: ARLINGTON HEIGHTS
  • Inspection Warranties: General,Other
  • Property Description: This is a fantastic location, close to Community Hospital East, restaurants and retail. Easy care stone and brick exterior! The 1802 side has been totally rehabbed, the E 18th side has been rented to the same tenants for years but definitely has some nice tile/updates. Rents are $645 (Section 8) and $645, but upon move-out, could potentially be raised. The tenants pay ALL utilities. Each side has a private front porch, unusual in most duplexes. The units are identical. Seller has never lived in the property.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: Insurance, No Utilities
  • Possible Use: Residential
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick, Stone
  • Disclosures: Not Applicable
  • List Price: 110000
  • Road Access: CityStreet

Garage/Parking

  • Unit Parking: 2 Car Space,Unpaved

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 0
  • Insurance Expenses: 700

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490734101081000701
  • Acres: <1/4 Acre
  • Lot Information: Access Street,Corner
  • Lot Number: 43
  • Lot Size: A 80X134

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Lawncare, All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2480
  • Semi Annual Property Tax Amt: 1240
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2019
Closed on
Oct 11, 2019
Sold by
Bridgey Llc
Bought by
Charter Properties Llc
Seller's Agent
Barb Getty
Barnes Property Management LLC
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$110,000
Sold Price
$110,000
Current Estimated Value
$178,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,828
Avg. Annual Appreciation
8.59%
Original Mortgage
$108,000
Outstanding Balance
$94,613
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$84,215

Purchase Details

Listed on
Jan 25, 2018
Closed on
Feb 21, 2018
Sold by
Kenneth G Carrier Sr Partner
Bought by
Signor Barbara B
Seller's Agent
Stephen Barnard
Dropped Members
Buyer's Agent
Barb Getty
Barnes Property Management LLC
List Price
$87,000
Sold Price
$87,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.43%
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
Charter Properties Llc $110,000 Near North Title Group
Charter Properties Llc $110,000 Near North Title Group
Signor Barbara B $87,000 --
Bridgey7 Llc $87,000 Meridian Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Charter Properties Llc $108,000
Closed Charter Properties Llc $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2019 11/18/19 Sold $110,000 0.0% $132 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
09/22/2019 09/22/19 For Sale $110,000 +26.4% $132 / Sq Ft
02/21/2018 02/21/18 Sold $87,000 0.0% $104 / Sq Ft View Prior Sale
01/29/2018 01/29/18 Pending -- -- --
01/25/2018 01/25/18 For Sale $87,000 -- $104 / 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 $3,822 $156,500 $9,400 $147,100
2023 $3,822 $155,300 $9,400 $145,900
2022 $2,741 $110,300 $9,400 $100,900
2021 $2,679 $110,300 $9,400 $100,900
2020 $2,640 $108,300 $9,400 $98,900
2019 $2,186 $87,100 $9,400 $77,700
2018 $2,081 $82,500 $9,400 $73,100
2017 $1,715 $75,100 $9,400 $65,700
2016 $1,603 $71,400 $9,400 $62,000
2014 $1,496 $69,400 $9,400 $60,000
2013 $1,420 $68,400 $9,400 $59,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21670436

MIBOR Broker Listing Cooperative®

APN: 49-07-34-101-081.000-701