NOT LISTED FOR SALE

Estimated Value: $224,000 - $275,823

3 Beds
-- Bath
1,020 Sq Ft
$241/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $185,000 $181 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,645/month

1 Day on Market

About This Home

As of December 2021

2 Bedroom 1.5 Bathroom unit just north of Fountain Square on Indy's Near East side. Perfectly convenient location to access Fountain Square, Mass Ave, or Downtown. New stainless steel appliances and cabinets. Washer and dryer in-unit.

Last Agent to Sell the Property

Jeremy Sandlin

F.C. Tucker Company License #RB14034603 Listed on: 11/09/2021

F.C. Tucker Company

Last Buyer's Agent

Peter Stewart

Peter Stewart Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,324

Year Built

  • 1910

Lot Details

  • 4,356

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,324

Year Built

1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Residential Units - 1 to 4
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 1
  • Conversion: 0
  • Architectural Style: TraditonalAmerican
  • Directions: Southeastern Ave, east of State Street to Randolph St. South on Randolph, right at immediate alley to parking area on right.
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Duplex
  • Subdivision Name: STATE SQUARE
  • Special Features: None
  • Year Built: 1910

Interior Features

  • Sq Ft Main Upper: 0
  • Gross Area Sq Ft: 2040
  • Laundry: Connections All
  • Basement YN: Yes
  • Owner Pays: NotApplic

Exterior Features

  • Foundation Details: Block, Brick
  • Construction Type: Vinyl Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: Paved Area

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Not Applicable
  • Lot Number: 52
  • Lot Size: 4,617

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: NotApplic

Tax Info

  • Semi Annual Property Tax Amt: 1162
  • Tax Exemption: None
  • Tax Annual Amount: 2324
  • Tax Year: 2021

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2022
Sold by
Virit Butani
Bought by
Barnes Hayes
Current Estimated Value
$246,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,834
Outstanding Balance
$215,478
Interest Rate
5.09%
Mortgage Type
FHA
Estimated Equity
$30,796

Purchase Details

Closed on
Feb 17, 2022
Sold by
Butani and Amrita
Bought by
Vavaventures South Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 9, 2021
Closed on
Feb 10, 2022
Sold by
Butani Virit and Butani Amrita
Bought by
Vavaventures South Llc
Seller's Agent
Jeremy Sandlin
F.C. Tucker Company
Buyer's Agent
Peter Stewart
Peter Stewart Realty LLC
List Price
$164,900
Sold Price
$185,000
Premium/Discount to List
$20,100
12.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%
Original Mortgage
$138,750
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 9, 2021
Closed on
Feb 8, 2022
Sold by
Butani and Amrita
Bought by
Vavaventures South Llc
Seller's Agent
Jeremy Sandlin
F.C. Tucker Company
Buyer's Agent
Peter Stewart
Peter Stewart Realty LLC
List Price
$164,900
Sold Price
$185,000
Premium/Discount to List
$20,100
12.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 9, 2021
Closed on
Jan 3, 2022
Sold by
House To Home Investment Group
Bought by
Butani Virit and Butani Amrita
Seller's Agent
Jeremy Sandlin
F.C. Tucker Company
Buyer's Agent
Peter Stewart
Peter Stewart Realty LLC
List Price
$164,900
Sold Price
$185,000
Premium/Discount to List
$20,100
12.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 9, 2021
Closed on
Dec 27, 2021
Sold by
House To Home Investment Group and Tgi Llc
Bought by
Butani Virit and Butani Amrita
Seller's Agent
Jeremy Sandlin
F.C. Tucker Company
Buyer's Agent
Peter Stewart
Peter Stewart Realty LLC
List Price
$164,900
Sold Price
$185,000
Premium/Discount to List
$20,100
12.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 9, 2021
Closed on
Dec 17, 2021
Sold by
T G I Llc
Bought by
Butani Virit and Butani Amrita
Seller's Agent
Jeremy Sandlin
F.C. Tucker Company
Buyer's Agent
Peter Stewart
Peter Stewart Realty LLC
List Price
$164,900
Sold Price
$185,000
Premium/Discount to List
$20,100
12.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2013
Sold by
Marion County Auditor
Bought by
Marion County

Purchase Details

Closed on
Sep 23, 2008
Sold by
Indiana Bank & Trust Company
Bought by
Literacy Indiana Inc

Purchase Details

Closed on
Jul 15, 2008
Sold by
Laconi Lance L and Laconi Fnb
Bought by
Homefederal Bank and Home Federal Savings Bank
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
Barnes Hayes -- --
Butani Virit -- --
Vavaventures South Llc -- Schmitz David A
Vavaventures South Llc -- Schmitz David A
Vavaventures South Llc -- Schmitz David A
Butani Virit $184,537 Schmitz David A
Butani Virit -- None Listed On Document
Butani Virit $185,000 Schmitz David A
Marion County $6,900 --
Literacy Indiana Inc -- None Available
Homefederal Bank $15,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnes Hayes $225,834
Previous Owner Butani Virit $138,750
Previous Owner Butani Virit $138,750
Previous Owner Butani Virit $138,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2024 11/30/24 Off Market $1,400 -- --
11/06/2024 11/06/24 For Rent $1,400 0.0% --
12/17/2021 12/17/21 Sold $185,000 +12.2% $181 / Sq Ft
11/11/2021 11/11/21 Pending -- -- --
11/09/2021 11/09/21 For Sale $164,900 -- $162 / 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 $4,012 $241,400 $6,200 $235,200
2023 $4,012 $233,800 $6,200 $227,600
2022 $2,140 $133,800 $6,200 $127,600
2021 $2,653 $109,200 $6,200 $103,000
2020 $2,456 $100,400 $6,200 $94,200
2019 $1,592 $62,000 $2,200 $59,800
2018 $1,499 $57,600 $2,200 $55,400
2017 $1,309 $55,800 $2,200 $53,600
2016 $1,269 $55,200 $2,200 $53,000
2014 $1,168 $54,000 $2,200 $51,800
2013 -- $54,000 $2,200 $51,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21822942

MIBOR Broker Listing Cooperative®

APN: 49-10-07-205-100.000-101