NOT LISTED FOR SALE

2163 S Delaware St Indianapolis, IN 46225

Old Southside Neighborhood

Estimated Value: $115,000 - $167,000

4 Beds
-- Bath
1,012 Sq Ft
$133/Sq Ft Est. Value

Last Sold January 09, 2019

Last sale price $62,500 $62 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $906/month

149 Days on Market

About This Home

As of January 2019

TRIPLEX THAT JUST KEEPS MAKING THE OWNER MONEY! Fully occupied with monthly gross rents of 1550 per month. Rents can withstand a substantial increase based on prior history! Owner pays all utilities. Unit 1 pays 500 per month lease from 1/12/2018-1/31/2019, Unit 2 pays 500 per month and lease runs from 2/26/2018 - 3/31/2019, Unit 3 pays 550 per month and lease runs from 1/12/2018-1/31/2019.

Last Agent to Sell the Property

Charlene Gaard

No Limit Real Estate, LLC License #RB14033327 Listed on: 07/19/2018

Last Buyer's Agent

Charlene Gaard

No Limit Real Estate, LLC License #RB14033327 Listed on: 07/19/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $938

Year Built

  • Built in 1910

Lot Details

  • 4,356

Home Design

  • Traditional Architecture
  • Aluminum Siding

Additional Features

  • 2-Story Property
  • 4,356 Sq Ft Lot

Community Details

  • Webbs Sub Yandes Subdivision

Listing and Financial Details

  • Tenant pays for noutil
  • The owner pays for all utilities
  • Assessor Parcel Number 491113111022000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$938

Year Built

Built in 1910

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TradAmer
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1910
  • Lot Size Acres: 0.1
  • Structure Type: Triplex
  • Subdivision Name: WEBBS SUB YANDES
  • Inspection Warranties: Other
  • Property Description: TRIPLEX THAT JUST KEEPS MAKING THE OWNER MONEY! Fully occupied with monthly gross rents of 1550 per month. Rents can withstand a substantial increase based on prior history! Owner pays all utilities. Unit 1 pays 500 per month lease from 1/12/2018-1/31/2019, Unit 2 pays 500 per month and lease runs from 2/26/2018 - 3/31/2019, Unit 3 pays 550 per month and lease runs from 1/12/2018-1/31/2019.
  • Transaction Type: Sale
  • Unit Count: 3
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: All Utilities
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: NoLaundry

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Lot Info

  • Parcel Number: 491113111022000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Curbs,Sidewalks
  • Lot Number: 0
  • Lot Size: 33x137

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: NoUtil

Tax Info

  • Tax Annual Amount: 938
  • Semi Annual Property Tax Amt: 469
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2025
Sold by
Rickey Jon and King Joe
Bought by
Re Integrity Llc
Current Estimated Value
$134,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,300
Outstanding Balance
$559,300
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
-$424,967

Purchase Details

Closed on
Jul 15, 2019
Sold by
Rickey Tyler
Bought by
Rickey Jon and King Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 19, 2018
Closed on
Jan 7, 2019
Sold by
Frank Gilbert V
Bought by
Rickey Tyler
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Charlene Gaard
No Limit Real Estate, LLC
List Price
$85,000
Sold Price
$62,500
Premium/Discount to List
-$22,500
-26.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.23%

Purchase Details

Listed on
Jul 7, 2016
Closed on
Dec 1, 2016
Sold by
Pigg Steve A
Bought by
Gilbert V Frank
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Charlene Gaard
No Limit Real Estate, LLC
List Price
$55,000
Sold Price
$55,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%

Purchase Details

Closed on
Feb 1, 2008
Sold by
Lewis Michael E and Lewis Evonne
Bought by
Pigg Steve A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Re Integrity Llc -- Investors Title
Rickey Jon -- Investors Title Service Inc.
Rickey Tyler -- None Available
Gilbert V Frank $55,000 --
Frank Gilbert V -- None Available
Pigg Steve A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Re Integrity Llc $559,300
Previous Owner Rickey Jon $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/09/2019 01/09/19 Sold $62,500 -20.9% $62 / Sq Ft
12/15/2018 12/15/18 Pending -- -- --
10/27/2018 10/27/18 Price Changed $79,000 -7.1% $78 / Sq Ft
10/23/2018 10/23/18 For Sale $85,000 0.0% $84 / Sq Ft
10/13/2018 10/13/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $85,000 +54.5% $84 / Sq Ft
12/16/2016 12/16/16 Sold $55,000 0.0% $54 / Sq Ft View Prior Sale
09/30/2016 09/30/16 Pending -- -- --
09/23/2016 09/23/16 Off Market $55,000 -- --
07/07/2016 07/07/16 For Sale $55,000 -- $54 / 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
2025 $2,482 $115,200 $5,100 $110,100
2024 $2,628 $104,600 $5,100 $99,500
2023 $2,628 $107,100 $5,100 $102,000
2022 $2,525 $103,300 $5,100 $98,200
2021 $2,027 $84,200 $5,100 $79,100
2020 $1,835 $75,700 $5,100 $70,600
2019 $1,518 $60,900 $3,900 $57,000
2018 $1,189 $46,600 $3,900 $42,700
2017 $1,015 $44,200 $3,900 $40,300
2016 $715 $30,800 $3,900 $26,900
2014 $719 $33,500 $3,900 $29,600
2013 $727 $35,100 $3,900 $31,200
Source: Public Records

Agents Affiliated with this Home

  • Charlene Gaard

    Seller's Agent in 2019

    Charlene Gaard

    No Limit Real Estate, LLC

    (317) 440-2149

    1 in this area

    238 Total Sales

    Charlene Gaard
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21582050

MIBOR Broker Listing Cooperative®

APN: 49-11-13-111-022.000-101

Indiana Marion County Indianapolis 46225 Old Southside

2163 S Delaware St, Indianapolis, IN

Not Listed for Sale

MultiFamily

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MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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