NOT LISTED FOR SALE

Estimated Value: $500,604 - $628,000

6 Beds
2 Baths
2,196 Sq Ft
$257/Sq Ft Est. Value

Sale Details

Date Sold: September 25, 2020

Last sale price $440,000 $200 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,807 / mo

6 Days on Market

About This Home

As of September 2020

A very rare opportunity to buy a complete double in Herron-Morton/Downtown! Major renovations to both sides since 2015 opened up the living/dining areas while creating superb kitchens and fresh bathrooms. Granite, Quartz, & stainless appliances. New windows, front loading washer/dryers, sound proofing, insulation, back yard fencing, updated wiring, updated plumbing, & more! On-site parking. Owner occupy or tenants will seek the walkability of the neighborhood. Two blocks to Shoefly Public House & Baby's retro restaurant and all the shops, restaurants, and clubs four blocks away. Not enough? The Circle and Mass Ave are just beyond. It is also possible to buy 2011 side by itself.

Last Agent to Sell the Property

George Landrigan

GB Landrigan & Company License #RB14028808 Listed on: 07/11/2020

Co-Listed By

Deborah Waters

GB Landrigan & Company

Last Buyer's Agent

Alexander Elston

United Real Estate Indpls

United Real Estate Indpls

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,022

Year Built

  • Built in 1905

Lot Details

  • 4,269 Sq Ft Lot
  • Back Yard Fenced

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Brick Foundation

Interior Spaces

  • 2-Story Property
  • Basement
  • Crawl Space

Community Details

  • Herron Morton Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, insurance, sewer, water
  • The owner pays for inshazard, insurance, lawncare, taxes, trash collection
  • Assessor Parcel Number 490636176205000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,022

Year Built

Built in 1905

Lot Details

4,269 Sq Ft Lot

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1905
  • Co List Office Phone: 317-687-8888
  • Lot Size Acres: 0.098
  • Road Frontage Type: City Street
  • Structure Type: Duplex
  • Subdivision Name: HERRON MORTON
  • Inspection Warranties: General,SeeRemarks
  • Property Description: A very rare opportunity to buy a complete double in Herron-Morton/Downtown! Major renovations to both sides since 2015 opened up the living/dining areas while creating superb kitchens and fresh bathrooms. Granite, Quartz, & stainless appliances. New windows, front loading washer/dryers, sound proofing, insulation, back yard fencing, updated wiring, updated plumbing, & more! On-site parking. Owner occupy or tenants will seek the walkability of the neighborhood. Two blocks to Shoefly Public House & Baby's retro restaurant and all the shops, restaurants, and clubs four blocks away. Not enough? The Circle and Mass Ave are just beyond. It is also possible to buy 2011 side by itself.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: InsHazard, Insurance, Insurance, Lawncare, Taxes, Trash Collection
  • Possible Use: Residential
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel, Fence Full Rear
  • Foundation Details: Brick, Crawl Space
  • Road Access: CityStreet
  • Interstate: Ramp<1Mi

Garage/Parking

  • Unit Parking: 2 Car Space
  • Auto Parking: 3
  • Auto Surface: 3

Utilities

  • Solid Waste: 1

Lot Info

  • Property Attached Yn: Yes
  • Current Use: Residential
  • Parcel Number: 490636176205000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Curbs,Sidewalks,Street Lights
  • Lot Number: 188
  • Lot Size: 4,269

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Insurance, Sewer, Water

Tax Info

  • Tax Annual Amount: 4022
  • Semi Annual Property Tax Amt: 2011
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2020
Closed on
Sep 24, 2020
Sold by
Swihart Daniel R
Bought by
Loescher Timothy R and Loescher Margaret
Seller's Agent
George Landrigan
GB Landrigan & Company
Buyer's Agent
Alexander Elston
United Real Estate Indpls
List Price
$449,900
Sold Price
$440,000
Premium/Discount to List
-$9,900
-2.2%
Current Estimated Value
$564,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,302
Avg. Annual Appreciation
4.58%
Original Mortgage
$422,211
Outstanding Balance
$370,404
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$193,898

Purchase Details

Closed on
Apr 20, 2015
Sold by
Rus & Rex Properties Llc
Bought by
Swihart Daniel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,096
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 2014
Sold by
Wang Zhong Rui
Bought by
Rus & Rex Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2011
Sold by
Copasetic Construction Llc
Bought by
Wang Zhong Rui

Purchase Details

Closed on
Jan 19, 2010
Sold by
Grover Talbott Trust
Bought by
Copasetic Construction Llc

Purchase Details

Closed on
Jul 28, 2006
Sold by
Adejare Felix A
Bought by
Grover Talbott Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Loescher Timothy R $440,000 First American Title Insurance
Loescher Timothy R $440,000 First American Title Insurance
Swihart Daniel R -- None Available
Swihart Daniel R -- None Available
Rus & Rex Properties Llc -- None Available
Rus & Rex Properties Llc -- None Available
Wang Zhong Rui -- None Available
Wang Zhong Rui -- None Available
Copasetic Construction Llc $3,200 None Available
Copasetic Construction Llc $3,200 None Available
Grover Talbott Trust -- None Available
Grover Tablort Trust -- None Available
Grover Talbott Trust -- None Available
Grover Tablort Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loescher Timothy R $422,211
Previous Owner Swihart Daniel R $298,096
Previous Owner Rus & Rex Properties Llc $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Sold $440,000 -2.2% $200 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $449,900 0.0% $205 / Sq Ft
12/20/2016 12/20/16 Price Changed $1,549 -3.1% $1 / Sq Ft
12/03/2016 12/03/16 Price Changed $1,599 -5.9% $1 / Sq Ft
11/16/2016 11/16/16 For Rent $1,699 +6.3% --
01/31/2016 01/31/16 Rented $1,599 -- --
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
2025 $10,023 $649,800 $76,200 $573,600
2024 $9,275 $586,200 $76,200 $510,000
2023 $9,275 $539,600 $76,200 $463,400
2022 $9,289 $526,000 $76,200 $449,800
2021 $7,756 $448,800 $25,000 $423,800
2020 $4,314 $252,200 $25,000 $227,200
2019 $4,134 $238,000 $25,000 $213,000
2018 $531 $44,800 $25,000 $19,800
2017 $455 $43,000 $25,000 $18,000
2016 $425 $41,800 $25,000 $16,800
2014 $878 $40,600 $25,000 $15,600
2013 $844 $40,600 $25,000 $15,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21724023

MIBOR Broker Listing Cooperative®

APN: 49-06-36-176-205.000-101

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