NOT LISTED FOR SALE

Estimated Value: $205,000 - $265,000

2 Beds
-- Bath
1,362 Sq Ft
$176/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $230,000 $169 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,767/month

38 Days on Market

About This Home

As of March 2024

**HIGHEST AND BEST DUE BY 1/16 @ Noon*** Good investment opportunity within 5 minutes of the middle of downtown and I-70/65. This duplex features 3 beds / 1.5 baths on either side and is ready for move in after fridge/oven install. Rents for 3 bed units go for $950-$1,000 a month. Both sides are vacant! Well maintained, no cleanout required, easy access, ready to close. Can be packaged with 1056/1058 W 31st St which is a 3/1 duplex (BLC # 21958942).

Last Agent to Sell the Property

Josh Latham

RE/MAX Advanced Realty Brokerage Email: josh.latham@indyhomepros.com License #RB15001222 Listed on: 01/14/2024

RE/MAX Advanced Realty

Last Buyer's Agent

Julius Clark

Dropped Members License #RB23000810

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,432

Year Built

  • Built in 1920

Lot Details

  • 4,008

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex

Additional Features

  • 2-Story Property
  • 4,008 Sq Ft Lot
  • Basement

Community Details

  • State Plaza Subdivision

Listing and Financial Details

  • Tax Lot 69
  • Assessor Parcel Number 491006159057000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,432

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1920
  • Lot Size Acres: 0.09
  • On Market Date: 2024-01-14
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: State Plaza
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 115000
  • MBR_AttributionContact: josh.latham@indyhomepros.com
  • Attribution Contact: josh.latham@indyhomepros.com
  • Special Features: None

Interior Features

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

Exterior Features

  • List Price: 210000
  • Waterfront: No
  • Road Access: See Remarks

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Solid Waste: Yes

Fee Information

  • Expenses: 7365

Lot Info

  • Property Attached Yn: No
  • Current Use: Vacant
  • Lot Size Sq Ft: 4008
  • Parcel Number: 491006159057000101
  • Acres: <1/4 Acre
  • Price Acre: 2555556

Green Features

  • Green Certification Y N: No

Multi Family

  • Gross Income: 15990
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3432
  • Tax Lot: 69
  • Semi Annual Property Tax Amt: 1716

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2025
Sold by
Raut Kaustubha Suresh
Bought by
Avocado Holdings Llc
Current Estimated Value
$239,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 14, 2024
Closed on
Mar 8, 2024
Sold by
Hammer Jon
Bought by
Raut Kaustubha Suresh
Seller's Agent
Josh Latham
RE/MAX Advanced Realty
Buyer's Agent
Julius Clark
Dropped Members
List Price
$210,000
Sold Price
$230,000
Premium/Discount to List
$20,000
9.52%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.44%
Original Mortgage
$195,500
Interest Rate
6.63%
Mortgage Type
Construction

Purchase Details

Closed on
May 30, 2018
Bought by
Hammer Jon

Purchase Details

Closed on
Nov 30, 2017

Purchase Details

Closed on
Aug 22, 2006
Sold by
Hatcher James Robert
Bought by
Hatcher James Robert and The James Robert Hatcher Revoc
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
Avocado Holdings Llc -- None Listed On Document
Raut Kaustubha Suresh $230,000 Foundation Title
Hammer Jon $88,000 --
Hammer Jon $88,000 Eagle Land Title, Llc
-- $45,000 --
Hatcher James Robert -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Avocado Holdings Llc $210,000
Previous Owner Raut Kaustubha Suresh $195,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $230,000 +9.5% $169 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
02/20/2024 02/20/24 For Sale $210,000 0.0% $154 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
01/14/2024 01/14/24 For Sale $210,000 -- $154 / 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 $5,354 $233,300 $15,000 $218,300
2023 $5,354 $211,400 $15,000 $196,400
2022 $4,825 $198,600 $15,000 $183,600
2021 $3,566 $148,800 $15,000 $133,800
2020 $1,662 $66,100 $2,200 $63,900
2019 $1,373 $52,700 $2,200 $50,500
2018 $1,351 $51,400 $2,200 $49,200
2017 $1,175 $49,500 $2,200 $47,300
2016 $1,059 $45,100 $2,200 $42,900
2014 $912 $42,200 $2,200 $40,000
2013 $765 $42,200 $2,200 $40,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21958955

MIBOR Broker Listing Cooperative®

APN: 49-10-06-159-057.000-101