NOT LISTED FOR SALE

Estimated Value: $182,000 - $225,014

5 Beds
-- Bath
765 Sq Ft
$264/Sq Ft Est. Value

Last Sold August 12, 2024

Last sale price $225,000 $294 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,442/month

51 Days on Market

Highlights

  • Mature Trees
  • 2 Car Detached Garage
  • Central Air
  • Ranch Style House
  • Home Security System

About This Home

As of August 2024

Welcome to an exceptional investment opportunity! Nestled in a prime location, this charming duplex presents a lucrative prospect for both seasoned investors and those venturing into the real estate market. Each unit features one bedroom and one bathroom, providing comfortable and convenient living spaces. Recently upgraded with new HVAC systems and a selection of windows, this property offers a blend of contemporary comforts and timeless appeal. The inclusion of a spacious two-car garage adds further value, providing ample parking or storage space for residents. Currently, both sides of the duplex are leased on a month-to-month basis, ensuring immediate income generation for the discerning buyer. Whether you're looking to expand your rental portfolio or secure a steady stream of passive income, this duplex presents an attractive opportunity.

Last Agent to Sell the Property

Brittany Stearman

Weichert REALTORS® Cooper Group Indy Brokerage Email: offers@markdietel.com License #RB20000432 Listed on: 04/23/2024

Weichert REALTORS® Cooper Group Indy

Last Buyer's Agent

Don Harrington

RE/MAX Advanced Realty

RE/MAX Advanced Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,556

Year Built

  • Built in 1942

Lot Details

  • 0.4 Acre Lot
  • Mature Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Ranch Style House
  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Home Security

  • Home Security System
  • Fire and Smoke Detector

Schools

  • Homecroft Elementary School
  • Perry Meridian Middle School
  • Southport 6Th Grade Academy Middle School

Additional Features

  • Washer and Dryer Hookup
  • Central Air
  • Basement

Community Details

  • Peter Stuck Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491506126020000500
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,556

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Ranch, TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1942
  • Lot Size Acres: 0.4
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: Peter Stuck
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: offers@markdietel.com
  • Attribution Contact: offers@markdietel.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Levels: One
  • Possible Use: Residential
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Block
  • Road Access: Frontage Road

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Unit Parking: 2 Car Space,Other

Utilities

  • Cooling: Central Electric
  • Laundry Features: Connections All
  • Security Features: Security System, Smoke Alarm
  • Solid Waste: No

Schools

  • Middle Or Junior School: Perry Meridian Middle School
  • MBR_IntermediateSchool: Southport 6th Grade Academy

Lot Info

  • Lot Features: Access, Mature Trees
  • Property Attached Yn: No
  • Current Use: Residential
  • Lot Size Sq Ft: 17511
  • Parcel Number: 491506126020000500
  • Acres: 1/4-1/2 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3556
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1778

MLS Schools

  • Elementary School: Homecroft Elementary School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2024
Closed on
Aug 9, 2024
Sold by
Breeden Richard
Bought by
Stone Jacob T
Seller's Agent
Brittany Stearman
Weichert REALTORS® Cooper Group Indy
Buyer's Agent
Don Harrington
RE/MAX Advanced Realty
List Price
$230,000
Sold Price
$225,000
Premium/Discount to List
-$5,000
-2.17%
Views
138
Current Estimated Value
$214,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,996
Avg. Annual Appreciation
-7.06%

Purchase Details

Closed on
May 15, 2023
Sold by
Rhine Jean E
Bought by
Gill Mary Ruth

Purchase Details

Closed on
Apr 7, 2023
Sold by
Gill Mary Ruth
Bought by
Rhine Jean E

Purchase Details

Closed on
Jan 6, 2023
Sold by
Rhine Jean E
Bought by
Gill Mary Ruth

Purchase Details

Closed on
Dec 20, 2022
Sold by
Rhine Jean E
Bought by
Breeden Richard

Purchase Details

Closed on
Mar 18, 2022
Sold by
Gill Mary R
Bought by
Rhine Jean E

Purchase Details

Closed on
Dec 16, 2021
Sold by
Gill Mary R
Bought by
Rhine Jean E

Purchase Details

Closed on
Jul 27, 2021
Sold by
Rihne Jean E
Bought by
Gill Mary R

Purchase Details

Closed on
Jul 12, 2021
Sold by
Gill Mary R
Bought by
Sumner Partners Llc

Purchase Details

Listed on
Jan 18, 2021
Closed on
Jan 25, 2021
Sold by
H & H Property Investments Inc
Bought by
Rhine Jean E
Seller's Agent
Bob Heck
Dropped Members
Buyer's Agent
Dale Field
Tomorrow Realty, Inc.
List Price
$139,900
Sold Price
$127,000
Premium/Discount to List
-$12,900
-9.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.76%

Purchase Details

Closed on
Dec 7, 2005
Sold by
Heck Robert S and Heck Pamela J
Bought by
H & H Property Investments Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stone Jacob T $225,000 Chicago Title
Breeden Richard $225,000 Chicago Title
Gill Mary Ruth -- --
Rhine Jean E -- None Listed On Document
Gill Mary Ruth -- --
Breeden Richard $199,000 --
Rhine Jean E -- None Listed On Document
Gill Mary R -- None Listed On Document
Rhine Jean E -- None Listed On Document
Gill Mary R -- None Listed On Document
Gill Mary R $160,000 None Available
Sumner Partners Llc -- None Available
Rhine Jean E $127,000 Chicago Title
H & H Property Investments Inc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2024 08/12/24 Sold $225,000 -2.2% $294 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $230,000 0.0% $301 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $230,000 +81.1% $301 / Sq Ft
01/27/2021 01/27/21 Sold $127,000 -9.2% $166 / Sq Ft View Prior Sale
01/19/2021 01/19/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $139,900 -- $183 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $3,932 $210,100 $15,500 $194,600
2023 $3,932 $220,300 $15,500 $204,800
2022 $3,763 $204,500 $15,500 $189,000
2021 $2,709 $152,100 $15,500 $136,600
2020 $4,274 $156,100 $15,500 $140,600
2019 $4,045 $146,600 $9,000 $137,600
2018 $3,654 $133,300 $9,000 $124,300
2017 $3,181 $115,100 $9,000 $106,100
2016 $3,105 $112,200 $9,000 $103,200
2014 $2,602 $107,300 $9,000 $98,300
2013 $3,106 $122,300 $9,000 $113,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21975225

MIBOR Broker Listing Cooperative®

APN: 49-15-06-126-020.000-500