NOT LISTED FOR SALE

Estimated Value: $302,000 - $371,000

3 Beds
-- Bath
2,606 Sq Ft
$132/Sq Ft Est. Value

Last Sold August 01, 2018

Last sale price $54,000 $21 Per Sq Ft

Est. 536% increase in value since last sale

Current estimated payment $2,411/month

45 Days on Market

About This Home

As of August 2018

Location, Location, Location....property located within 5 minutes of downtown indy. Previously rented out for 750 each side. Wouldn’t take much to bring this one back to life. One unit has 4 bedrooms and 2 full baths. The other unit has 3 bedrooms and 2 full bath. Both units are all electric.

Last Agent to Sell the Property

Michael Dalton

Listed on: 05/08/2018

Last Buyer's Agent

Courtney Baker

My Agent

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 4,487 Sq Ft Lot

Parking

  • Alley Access

Home Design

  • Duplex
  • Vinyl Siding

Community Details

  • State Plaza Subdivision

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 491006159072000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

4,487 Sq Ft Lot

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Doub-Duplx
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1915
  • Lot Size Acres: 0.103
  • Subdivision Name: STATE PLAZA
  • Inspection Warranties: Not Applicable
  • Property Description: Location, Location, Location....property located within 5 minutes of downtown indy. Previously rented out for 750 each side. Wouldn’t take much to bring this one back to life. One unit has 4 bedrooms and 2 full baths. The other unit has 3 bedrooms and 2 full bath. Both units are all electric.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Owner Pays: Sewer, Trash Collection, Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: On Street,Unpaved

Utilities

  • Solid Waste: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491006159072000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley
  • Lot Number: 0
  • Lot Size: 4,487

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Tax Annual Amount: 1430
  • Semi Annual Property Tax Amt: 715
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
All-In Family Investments Llc
Bought by
Baker Adam and Baker Courtney
Current Estimated Value
$343,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$916,350
Outstanding Balance
$837,347
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
-$494,014

Purchase Details

Closed on
Dec 7, 2021
Sold by
All In Family Investments Llc
Bought by
Baker Adam and Baker Courtney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$916,350
Outstanding Balance
$837,347
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
-$494,014

Purchase Details

Listed on
May 8, 2018
Closed on
Jul 18, 2018
Sold by
Timothy Truong
Seller's Agent
Michael Dalton
Buyer's Agent
Courtney Baker
My Agent
List Price
$75,000
Sold Price
$54,000
Premium/Discount to List
-$21,000
-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
27.56%

Purchase Details

Listed on
May 8, 2018
Closed on
Jul 17, 2018
Sold by
Truong Timothy
Bought by
All In Family Investment Llc
Seller's Agent
Michael Dalton
Buyer's Agent
Courtney Baker
My Agent
List Price
$75,000
Sold Price
$54,000
Premium/Discount to List
-$21,000
-28%

Purchase Details

Listed on
Oct 20, 2015
Closed on
Dec 9, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Troung Timothy
Seller's Agent
Jason Warner
CENTURY 21 Scheetz
Buyer's Agent
Michael Dalton
List Price
$199,000
Sold Price
$12,000
Premium/Discount to List
-$187,000
-93.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.78%

Purchase Details

Closed on
Sep 17, 2015
Sold by
Mateo Michael and Pele Enterprises Lp
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 5, 2008
Sold by
Mateo Michael and Mateo Violet
Bought by
Pele Enterprises Lp

Purchase Details

Closed on
Apr 30, 2008
Sold by
Sideout Llc
Bought by
Mateo Michael and Mateo Violet

Purchase Details

Closed on
Dec 7, 2007
Sold by
Sideout Llc
Bought by
Mateo Michael and Mateo Violet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
6.27%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 16, 2007
Sold by
Indy Five Properties Llc
Bought by
Sideout Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
6.27%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 4, 2007
Sold by
Burton James G and Franics David Corp
Bought by
Indy Five Propetties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2005
Sold by
City Group Inc
Bought by
Burton James G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
7.9%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Baker Adam $1,218,745 Security Title
Baker Adam $330,000 Security Title
-- $60,000 --
All In Family Investment Llc -- Security Title
Troung Timothy $12,000 None Available
Federal Home Loan Mortgage Corporation $14,063 None Available
Pele Enterprises Lp -- Homequest Title Llc
Mateo Michael -- None Available
Mateo Michael $79,000 None Available
Sideout Llc -- None Available
Indy Five Propetties Llc $24,600 None Available
Burton James G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Adam $916,350
Closed Baker Adam $0
Previous Owner Mateo Michael $69,000
Previous Owner Sideout Llc $38,000
Previous Owner Burton James G $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2018 08/01/18 Sold $54,000 -28.0% $21 / Sq Ft
06/23/2018 06/23/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $75,000 +525.0% $29 / Sq Ft
12/11/2015 12/11/15 Sold $12,000 0.0% $5 / Sq Ft View Prior Sale
11/19/2015 11/19/15 Off Market $12,000 -- --
11/06/2015 11/06/15 Price Changed $19,900 -90.0% $8 / Sq Ft
10/20/2015 10/20/15 For Sale $199,000 -- $76 / 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 $7,772 $327,500 $16,900 $310,600
2023 $7,256 $299,500 $16,900 $282,600
2022 $6,855 $281,100 $16,900 $264,200
2021 $3,406 $141,200 $16,000 $125,200
2020 $2,705 $110,500 $2,400 $108,100
2019 $2,210 $87,500 $2,400 $85,100
2018 $2,032 $79,300 $2,400 $76,900
2017 $2,023 $75,800 $2,400 $73,400
2016 $1,569 $68,800 $2,400 $66,400
2014 $1,399 $64,700 $2,400 $62,300
2013 $1,345 $64,700 $2,400 $62,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21565022

MIBOR Broker Listing Cooperative®

APN: 49-10-06-159-072.000-101

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