$267,500
SOLD MAR 14, 2025
3 Beds
2 Baths
-- Sq Ft
3,824 Sq Ft Lot

Recently Sold

16% Below List Price

94 Days on Market

About This Home

As of March 2025

Investor's dream! A fantastic triplex located across from a park in an up-and-coming area. The roof has recently been replaced, eliminating that expense. The triplex consists of a 3-bedroom, 1.5-bath unit rented for $1400 per month, a studio unit at 1922 renting for $1175 per month, and an upstairs 1-bedroom, 1-bath unit at 10 Parkview renting for $1000 per month. The 1922 unit is currently rented on a month-to-month lease and has been occupied for the past 5 years. 1920 and 10 Parkview are currently vacant. Units were revamped in last few years and should only need cosmetic upgrades. The units still retain much of their original charm and offer the potential for custom upgrades by the new owner. The seller is willing to entertain all offers. Don't miss out on this opportunity!

Last Agent to Sell the Property

Jeremy Johnson

Key Realty Indiana Brokerage Email: info@possibilityrealty.com License #RB23001399 Listed on: 10/04/2024

Last Buyer's Agent

Craig Greenwood

Trueblood Real Estate License #RB19001335

Trueblood Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,082

Year Built

  • Built in 1915

Home Design

  • Triplex

Interior Spaces

  • 2-Story Property
  • Washer and Dryer Hookup
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • 3,824 Sq Ft Lot
  • Heating System Uses Gas

Community Details

  • 106 North Subdivision

Listing and Financial Details

  • The owner pays for lawncare
  • Tax Lot 1066144
  • Assessor Parcel Number 491006159107000101
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,082

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1915
  • Lot Size Acres: 0.09
  • Structure Type: Triplex
  • Subdivision Name: 106 North
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 89167
  • MBR_AttributionContact: info@possibilityrealty.com
  • Attribution Contact: info@possibilityrealty.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Levels: Two
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Owner Pays: Lawncare
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 305000
  • Road Access: Not Applic

Utilities

  • Cooling: Central Electric
  • Heating: Gas
  • Laundry Features: Connections All
  • Solid Waste: No

Fee Information

  • Expenses: 300

Lot Info

  • Additional Parcels: No
  • Current Use: Residential, Vacant
  • Lot Size Sq Ft: 3824
  • Parcel Number: 491006159107000101
  • Acres: <1/4 Acre
  • Price Acre: 2972222

Green Features

  • Green Certification Y N: No

Multi Family

  • Gross Income: 3575
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3082
  • Tax Lot: 1066144
  • Semi Annual Property Tax Amt: 1541

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Mar 14, 2025
Sold by
Kumar Rupesh and Gambhir Vineetha
Bought by
Lane Gregory E
Seller's Agent
Jeremy Johnson
Key Realty Indiana
Buyer's Agent
Craig Greenwood
Trueblood Real Estate
List Price
$319,000
Sold Price
$267,500
Premium/Discount to List
-$51,500
-16.14%
Views
56
Current Estimated Value
$283,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,147
Avg. Annual Appreciation
18.81%
Original Mortgage
$200,625
Outstanding Balance
$200,288
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$83,359

Purchase Details

Closed on
Jun 29, 2023
Sold by
Cumberland Brian Craig and Mitchell Carla D
Bought by
Kumar Rupesh and Gambhir Vineetha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 19, 2019
Closed on
Jun 12, 2020
Sold by
Cynthia Brown
Bought by
Cumberland Brian C
Seller's Agent
Carla Higgins
Keller Williams Indy Metro S
Buyer's Agent
Curtis Holland
United Real Estate Indpls
List Price
$255,000
Sold Price
$219,000
Premium/Discount to List
-$36,000
-14.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
Interest Rate
3.21%
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 Type Sale Price Title Company
Warranty Deed $267,500 Enterprise Title
Warranty Deed $299,500 Investors Title
Deed $219,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,625 New Conventional
Previous Owner $5,000,000 New Conventional
Previous Owner $224,250 New Conventional
Previous Owner -- No Value Available
Previous Owner $164,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $267,500 -12.3% --
01/06/2025 01/06/25 Pending -- -- --
12/10/2024 12/10/24 Price Changed $305,000 -4.4% --
12/08/2024 12/08/24 For Sale $319,000 0.0% --
11/05/2024 11/05/24 Pending -- -- --
10/16/2024 10/16/24 Price Changed $319,000 -3.0% --
10/04/2024 10/04/24 For Sale $329,000 +50.2% --
06/12/2020 06/12/20 Sold $219,000 0.0% $84 / Sq Ft
06/12/2020 06/12/20 Sold $219,000 -8.4% --
04/30/2020 04/30/20 Pending -- -- --
04/30/2020 04/30/20 Price Changed $239,000 0.0% $92 / Sq Ft
04/30/2020 04/30/20 Pending -- -- --
04/30/2020 04/30/20 Price Changed $239,000 -2.4% --
03/26/2020 03/26/20 Price Changed $245,000 0.0% $95 / Sq Ft
03/26/2020 03/26/20 Price Changed $245,000 -3.9% --
10/19/2019 10/19/19 For Sale $255,000 0.0% --
10/19/2019 10/19/19 For Sale $255,000 +16.4% $98 / Sq Ft
08/14/2019 08/14/19 Off Market $219,000 -- --
08/14/2019 08/14/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $255,000 -- --
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 $4,104 $276,300 $5,300 $271,000
2023 $4,104 $166,600 $2,700 $163,900
2022 $3,231 $130,500 $2,700 $127,800
2021 $2,822 $115,900 $2,400 $113,500
2020 $1,397 $54,000 $2,400 $51,600
2019 $1,365 $51,700 $2,400 $49,300
2018 $1,374 $51,700 $2,400 $49,300
2017 $1,196 $49,700 $2,400 $47,300
2016 $1,116 $47,000 $2,400 $44,600
2014 $1,010 $46,700 $2,400 $44,300
2013 $971 $46,700 $2,400 $44,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22004929

MIBOR Broker Listing Cooperative®

APN: 49-10-06-159-107.000-101