NOT LISTED FOR SALE

Estimated Value: $172,000 - $259,000

3 Beds
-- Bath
1,173 Sq Ft
$174/Sq Ft Est. Value

Last Sold November 25, 2019

Last sale price $93,150 $79 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,282/month

7 Days on Market

About This Home

As of November 2019

Property has 3 bedrooms 2 full baths per side. Off street parking in the rear of the building. Up and coming Old Southside Neighborhood with some updates that would be perfect to live in one side and rent the other. New builds and rehabs going up throughout the neighborhood.

Last Agent to Sell the Property

Dean Roberts

Red Oak Real Estate Group License #RB14010866 Listed on: 10/16/2019

Last Buyer's Agent

Ryan Rominger

Compass Indiana, LLC

Compass Indiana, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,450

Year Built

  • Built in 1910

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Additional Features

  • Basement

Community Details

  • Ayres S Meridian St Subdivision

Listing and Financial Details

  • Tenant pays for electricity gas
  • The owner pays for sewer water
  • Assessor Parcel Number 491113112044000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,450

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1910
  • Lot Size Acres: 0.08
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: AYRES S MERIDIAN ST
  • Inspection Warranties: Not Applicable
  • Property Description: Property has 3 bedrooms 2 full baths per side. Off street parking in the rear of the building. Up and coming Old Southside Neighborhood with some updates that would be perfect to live in one side and rent the other. New builds and rehabs going up throughout the neighborhood.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Owner Pays: Sewer,Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel
  • List Price: 89000

Garage/Parking

  • Unit Parking: On Street,Parking Lot,Unpaved
  • Auto Surface: gravel
  • Parking Spacesper Unit: 1.0000

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491113112044000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Sidewalks
  • Lot Number: 38
  • Lot Size: 33 X 106

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity,Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1450
  • Semi Annual Property Tax Amt: 725
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2020
Sold by
Satyabayu Muhammad
Bought by
Irj Properties Llc
Total Days on Market
7
Current Estimated Value
$203,862

Purchase Details

Listed on
Oct 16, 2019
Closed on
Nov 25, 2019
Sold by
Shannon Darnell
Bought by
Satyabaya Muhammad
Seller's Agent
Dean Roberts
Red Oak Real Estate Group
Buyer's Agent
Ryan Rominger
Compass Indiana, LLC
List Price
$89,000
Sold Price
$93,150
Premium/Discount to List
$4,150
4.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.36%
Original Mortgage
$69,862
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2005
Sold by
Thompson W Kenneth W and Thompson Jeanette
Bought by
Shannon Darnell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
6.4%
Mortgage Type
New Conventional
Source: Public Records

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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
Irj Properties Llc -- None Available
Satyabaya Muhammad $93,150 First American Title Insurance
Shannon Darnell -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irj Properties Llc $292,500
Previous Owner Satyabaya Muhammad $69,862
Previous Owner Shannon Darnell $67,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2019 11/25/19 Sold $93,150 +4.7% $79 / Sq Ft
10/24/2019 10/24/19 Pending -- -- --
10/16/2019 10/16/19 For Sale $89,000 -- $76 / 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 $2,402 $141,600 $7,800 $133,800
2023 $2,402 $134,000 $7,800 $126,200
2022 $2,673 $108,200 $7,800 $100,400
2021 $2,165 $88,800 $7,800 $81,000
2020 $1,972 $80,200 $7,800 $72,400
2019 $1,579 $62,100 $3,900 $58,200
2018 $1,562 $60,900 $3,900 $57,000
2017 $1,343 $58,100 $3,900 $54,200
2016 $1,240 $54,500 $3,900 $50,600
2014 $1,088 $50,300 $3,900 $46,400
2013 $971 $46,700 $3,900 $42,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21675487

MIBOR Broker Listing Cooperative®

APN: 49-11-13-112-044.000-101