NOT LISTED FOR SALE

Estimated Value: $137,130 - $141,000

2 Beds
-- Bath
784 Sq Ft
$177/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $91,500 $117 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $965/month

3 Days on Market

About This Home

As of December 2020

Sold with Duplex next door BLC#21749424. All units under lease. DO NOT DISTURB TENANTS.
See agent notes for additional details.

Last Agent to Sell the Property

Justin Frytz

eXp Realty, LLC Listed on: 10/28/2020

eXp Realty, LLC

Last Buyer's Agent

Tasheana Hanza

Hanza Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,406

Year Built

  • Built in 1966

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Community Details

  • Rainbow Ridge Subdivision

Listing and Financial Details

  • Tenant pays for security cable tv insurance all utilities
  • The owner pays for inshazard lawncare sewer trash collection
  • Assessor Parcel Number 490632115283000901

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,406

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1966
  • Lot Size Acres: 0.12
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: RAINBOW RIDGE
  • Inspection Warranties: Not Applicable
  • Property Description: Sold with Duplex next door BLC#21749424. All units under lease. DO NOT DISTURB TENANTS. See agent notes for additional details.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: InsHazard,Lawncare,Sewer,Trash Collection
  • Possible Use: Apt<20
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete,Fence Partial
  • Foundation Details: Slab
  • List Price: 94000
  • Road Access: CityStreet
  • Interstate: Ramp1-3mi

Garage/Parking

  • Unit Parking: On Street,2 Car Space
  • Auto Surface: 2
  • Parking Spacesper Unit: 2.0000

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 0

Lot Info

  • Current Use: Apt<20
  • Parcel Number: 490632115283000901
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Tree Mature,Trees Small
  • Lot Number: 506
  • Lot Size: 40x132

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Security,Cable TV,Insurance,All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1406
  • Semi Annual Property Tax Amt: 703
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2020
Closed on
Dec 28, 2020
Sold by
Shaffer Brent
Bought by
Equity Trust Co
Seller's Agent
Justin Frytz
eXp Realty, LLC
Buyer's Agent
Tasheana Hanza
Hanza Realty, LLC
List Price
$94,000
Sold Price
$91,500
Premium/Discount to List
-$2,500
-2.66%
Current Estimated Value
$139,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,543
Avg. Annual Appreciation
10.86%

Purchase Details

Closed on
Feb 27, 2019
Sold by
Main Street Living Llc
Bought by
Shaffer Brent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2018
Sold by
Lovejoy Sharon P
Bought by
Main Street Living Llc

Purchase Details

Listed on
Apr 3, 2017
Closed on
May 26, 2017
Sold by
Slack Daniel K
Bought by
Lovejoy Sharon P
Seller's Agent
Michelle Butts
RE/MAX At The Crossing
Buyer's Agent
Sharon Lovejoy
BluPrint Real Estate Group
List Price
$58,900
Sold Price
$58,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.81%
Original Mortgage
$44,100
Interest Rate
3.97%
Mortgage Type
New Conventional
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
Equity Trust Co -- Security Title
Shaffer Brent $71,000 Security Title Services
Main Street Living Llc -- None Available
Lovejoy Sharon P $58,900 --
Lovejoy Sharon P $58,900 Chicago Title Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shaffer Brent $53,250
Previous Owner Lovejoy Sharon P $44,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2020 12/28/20 Sold $91,500 -2.7% $117 / Sq Ft
11/01/2020 11/01/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $94,000 +59.6% $120 / Sq Ft
05/26/2017 05/26/17 Sold $58,900 0.0% $75 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $58,900 -- $75 / 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 $2,487 $107,200 $3,800 $103,400
2023 $2,487 $99,000 $3,800 $95,200
2022 $2,421 $99,000 $3,800 $95,200
2021 $1,665 $66,800 $3,800 $63,000
2020 $1,446 $57,200 $3,800 $53,400
2019 $1,407 $54,600 $3,800 $50,800
2018 $1,246 $47,000 $3,800 $43,200
2017 $1,135 $47,600 $3,800 $43,800
2016 $1,077 $46,000 $3,800 $42,200
2014 $895 $41,400 $3,800 $37,600
2013 $886 $42,600 $3,800 $38,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21749401

MIBOR Broker Listing Cooperative®

APN: 49-06-32-115-283.000-901