NOT LISTED FOR SALE

Estimated Value: $129,437 - $192,000

3 Beds
-- Bath
1,536 Sq Ft
$113/Sq Ft Est. Value

Last Sold September 12, 2022

Last sale price $162,500 $106 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,066/month

19 Days on Market

About This Home

As of September 2022

Great Investment Opportunity! Home is ready for next portfolio! This duplex is located in the Kenwood Park subdivision and is being sold "AS-IS." The property could easily be converted into one large home or renovated using the existing space. Main level unit is 1BR/1BA. Second level unit is 2BR/1BA. Washer/dryer hook up on each level. Each unit features a generous living and kitchen space.

Last Agent to Sell the Property

Troy Durbin

Coldwell Banker - Kaiser Listed on: 08/04/2022

Coldwell Banker - Kaiser

Last Buyer's Agent

Joel Mathews

@properties

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,094

Year Built

  • Built in 1920

Lot Details

  • 1,786

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Basement

Community Details

  • Kenwood Park Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance, trash collection
  • The owner pays for sewer, water
  • Assessor Parcel Number 490623109029000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,094

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1920
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: KENWOOD PARK
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • MBR_AttributionContact: troy.durbin@coldwellbanker.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two, Basement
  • Owner Pays: Sewer, Water
  • Sq Ft Main Upper: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Not Applicable
  • List Price: 180000

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490623109029000101
  • Acres: <1/4 Acre
  • Lot Information: Access Street,Sidewalks
  • Lot Number: 66
  • Lot Size: 45 X 40

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Trash Collection

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1094
  • Semi Annual Property Tax Amt: 547
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Sep 12, 2022
Sold by
Remarkable Llc
Bought by
Metrospaces Llc
Seller's Agent
Troy Durbin
Coldwell Banker - Kaiser
Buyer's Agent
Joel Mathews
@properties
List Price
$200,000
Sold Price
$162,500
Premium/Discount to List
-$37,500
-18.75%
Views
10
Current Estimated Value
$173,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,609
Avg. Annual Appreciation
1.51%
Original Mortgage
$200,582
Interest Rate
5.22%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 25, 2015
Sold by
Reyes Raymond
Bought by
The Remarkable Llc
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
Metrospaces Llc $162,500 New Title Company Name
The Remarkable Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Metrospaces Llc $167,200
Closed Metrospaces Llc $200,582
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2022 09/12/22 Sold $162,500 -9.7% $106 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/17/2022 08/17/22 Price Changed $180,000 -10.0% $117 / Sq Ft
08/04/2022 08/04/22 For Sale $200,000 -- $130 / 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 $1,462 $66,400 $9,200 $57,200
2023 $1,462 $58,700 $9,200 $49,500
2022 $1,463 $58,700 $9,200 $49,500
2021 $1,093 $44,500 $1,900 $42,600
2020 $1,034 $41,800 $1,900 $39,900
2019 $843 $33,000 $1,900 $31,100
2018 $747 $28,700 $1,900 $26,800
2017 $601 $25,400 $1,900 $23,500
2016 $555 $23,800 $1,900 $21,900
2014 $564 $26,100 $1,900 $24,200
2013 -- $25,600 $1,900 $23,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21874121

MIBOR Broker Listing Cooperative®

APN: 49-06-23-109-029.000-101