NOT LISTED FOR SALE

Estimated Value: $250,000 - $260,000

2 Beds
1 Bath
900 Sq Ft
$283/Sq Ft Est. Value

Last Sold September 24, 2019

Last sale price $165,000 $183 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,764/month

8 Days on Market

About This Home

As of September 2019

Excellent rental asset now available in prime location on Indy's west side! This is a full-brick, ranch style duplex that has been an excellent income property for several years. 1 unit has 2 bed/1.5 baths while the other has an additional bedroom that will certainly increase the rental potential. Some repairs and updates are needed, but nothing more than your typical turn. 1 side occupied, `1 side vacant, presents many possibilities for all your Buyers! Hurry, this won't last long.

Last Agent to Sell the Property

Nicholas Krudy

Indy Real Estate Consulting License #RB14050622 Listed on: 07/30/2019

Last Buyer's Agent

Virginia Aguirre

Values Driven Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,700

Year Built

  • Built in 1974

Lot Details

  • 0.39 Acre Lot

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Community Details

  • Country Junction Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for notapplic
  • Assessor Parcel Number 490534103017000900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,700

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1974
  • Lot Size Acres: 0.392
  • Subdivision Name: COUNTRY JUNCTION
  • Inspection Warranties: Not Applicable
  • Property Description: Excellent rental asset now available in prime location on Indy's west side! This is a full-brick, ranch style duplex that has been an excellent income property for several years. 1 unit has 2 bed/1.5 baths while the other has an additional bedroom that will certainly increase the rental potential. Some repairs and updates are needed, but nothing more than your typical turn. 1 side occupied, `1 side vacant, presents many possibilities for all your Buyers! Hurry, this won't last long.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Owner Pays: NotApplic
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • List Price: 169900

Garage/Parking

  • Garage Spaces: 2
  • Carport Spaces: 1
  • Unit Parking: Covered,2 Car Garage

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490534103017000900
  • Acres: 1/4-1/2 Acre
  • Lot Information: Tree Mature,Other
  • Lot Number: 4
  • Lot Size: 17,076

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2700
  • Semi Annual Property Tax Amt: 1350
  • Tax Exemption: None

MLS Schools

  • School District: Wayne Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2021
Sold by
Mejias Wilgene Ismael
Bought by
Magic Grey Properties Llc
Current Estimated Value
$248,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$803,600
Outstanding Balance
$742,283
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
-$486,616

Purchase Details

Listed on
Jul 30, 2019
Closed on
Sep 24, 2019
Sold by
White Chad and Phyllis Bone Estates
Bought by
Mejias Wilgene Ismael
Seller's Agent
Nicholas Krudy
Indy Real Estate Consulting
Buyer's Agent
Virginia Aguirre
Values Driven Realty, Inc.
List Price
$164,900
Sold Price
$165,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Original Mortgage
$123,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2019
Closed on
Aug 24, 2019
Sold by
Bone Brian T and Magee Angela M
Bought by
Mejias Wilgene Ismael
Seller's Agent
Nicholas Krudy
Indy Real Estate Consulting
Buyer's Agent
Virginia Aguirre
Values Driven Realty, Inc.
List Price
$164,900
Sold Price
$165,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2018
Sold by
Freeland Larry
Bought by
White Chad

Purchase Details

Closed on
Jul 14, 2009
Sold by
Bone Phyllis
Bought by
Bone Phyllis and Freeland Larry
Source: Public Records

Range of Values:

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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
Magic Grey Properties Llc -- None Available
Mejias Wilgene Ismael $165,000 Monument Title
Mejias Wilgene Ismael -- None Available
White Chad -- None Available
Bone Phyllis -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magic Grey Properties Llc $803,600
Previous Owner Mejias Wilgene Ismael $123,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2019 09/24/19 Sold $165,000 -2.9% $183 / Sq Ft
08/08/2019 08/08/19 Pending -- -- --
08/07/2019 08/07/19 Price Changed $169,900 +3.0% $189 / Sq Ft
07/30/2019 07/30/19 For Sale $164,900 -- $183 / 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 $4,835 $195,900 $25,300 $170,600
2023 $4,835 $195,900 $25,300 $170,600
2022 $4,712 $190,900 $25,300 $165,600
2021 $3,690 $128,500 $25,300 $103,200
2020 $4,162 $139,300 $25,300 $114,000
2019 $3,620 $126,300 $25,300 $101,000
2018 $2,905 $114,900 $25,300 $89,600
2017 $2,876 $113,900 $25,300 $88,600
2016 $2,809 $111,300 $25,300 $86,000
2014 $2,190 $109,500 $25,300 $84,200
2013 $1,625 $109,500 $25,300 $84,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21658772

MIBOR Broker Listing Cooperative®

APN: 49-05-34-103-017.000-900