NOT LISTED FOR SALE

Estimated Value: $281,000 - $298,614

5 Beds
-- Bath
2,016 Sq Ft
$144/Sq Ft Est. Value

Last Sold April 11, 2023

Last sale price $265,000 $131 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,916/month

22 Days on Market

About This Home

As of April 2023

Great Turnkey quad. Many updates completed in 2018. Three of the 4 units are occupied and being managed by a professional management company. Unit 1 has been left vacant for showings. (It needs one window repaired to be rent-ready). Conveniently located with just a 2 mile commute to Downtown Indy. Walk to the famous La Parada Restaurant! Small Park across the street. Lot of rehab happening in the area.

Last Agent to Sell the Property

Pamela Brown

PMI Indianapolis License #RB14027637 Listed on: 02/15/2023

Co-Listed By

Matthew Ford

Indiana Ford Realty LLC License #RB22002002

Last Buyer's Agent

Tyler Lingle

@properties License #RB21001983

@properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,542

Year Built

  • Built in 1921

Lot Details

  • 2,134

Home Design

  • Quadruplex
  • Traditional Architecture

Additional Features

  • 2.5-Story Property
  • 2,134 Sq Ft Lot

Community Details

  • Johnson & Hogshire Subdivision

Listing and Financial Details

  • The owner pays for electricity, taxes, sewer, water
  • Tax Lot 210
  • Assessor Parcel Number 491006106129000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,542

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Sub Type: Fourplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1921
  • Co List Office Phone: 317-572-7036
  • Lot Size Acres: 0.05
  • Structure Type: Quadruplex
  • Subdivision Name: Johnson & Hogshire
  • Transaction Type: Sale
  • Conversion: Yes
  • MBR_AttributionContact: pam@PMIindy.com
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: Two and a Half
  • Owner Pays: Electricity, Taxes, Sewer, Water
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 259900
  • Road Access: Not Applic

Garage/Parking

  • Parking Features: None
  • Unit Parking: On Street

Utilities

  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Additional Parcels: No
  • Current Use: Residential, See Remarks
  • Lot Size Sq Ft: 2134
  • Parcel Number: 491006106129000101
  • Zoning: Triplex
  • Price Acre: 5300000

Green Features

  • Green Certification Y N: No

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2542
  • Tax Lot: 210
  • Semi Annual Property Tax Amt: 1271

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
Apr 12, 2023
Sold by
20183Wy-98 Llc
Bought by
Hoosier Easy Rentals Llc
Seller's Agent
Pamela Brown
PMI Indianapolis
Buyer's Agent
Tyler Lingle
@properties
List Price
$259,900
Sold Price
$265,000
Premium/Discount to List
$5,100
1.96%
Views
39
Current Estimated Value
$290,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,538
Avg. Annual Appreciation
4.43%
Original Mortgage
$212,000
Outstanding Balance
$207,306
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$85,756

Purchase Details

Closed on
Jul 20, 2018

Purchase Details

Closed on
Jan 21, 2015
Sold by
Aduro Llc
Bought by
Teresa Zavala Rentals Llc

Purchase Details

Closed on
Feb 27, 2013
Sold by
Faldmo Christopher M and Faldmo Christopher M
Bought by
Expansion Unlimited

Purchase Details

Closed on
Apr 12, 2006
Sold by
Sarbaugh Kurt W
Bought by
Aduro Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,500
Interest Rate
6.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2006
Sold by
Fannie Mae
Bought by
Sarbaugh Kurt W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,500
Interest Rate
6.38%
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
Hoosier Easy Rentals Llc $265,000 None Listed On Document
-- $35,000 --
20183Wy 98 Llc $104,500 Monument Title Insurance Compa
West End Ventures Llc $104,500 Monument Title Insurance Compa
Teresa Zavala Rentals Llc -- Landquest Title Services Llc
Expansion Unlimited -- --
Aduro Llc -- None Available
Sarbaugh Kurt W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoosier Easy Rentals Llc $212,000
Previous Owner Sarbaugh Kurt W $21,500
Previous Owner Sarbaugh Kurt W $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2023 04/11/23 Sold $265,000 0.0% $131 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
03/08/2023 03/08/23 Off Market $265,000 -- --
02/28/2023 02/28/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $259,900 0.0% $129 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $259,900 -- $129 / 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 $3,900 $262,000 $3,000 $259,000
2023 $3,900 $158,800 $6,400 $152,400
2022 $3,645 $148,800 $6,400 $142,400
2021 $2,673 $110,200 $6,400 $103,800
2020 $2,427 $99,200 $1,500 $97,700
2019 $1,982 $78,500 $1,500 $77,000
2018 $1,954 $76,700 $1,500 $75,200
2017 $1,678 $73,100 $1,500 $71,600
2016 $1,500 $66,200 $1,500 $64,700
2014 $1,347 $62,300 $1,500 $60,800
2013 $1,295 $62,300 $1,500 $60,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21905599

MIBOR Broker Listing Cooperative®

APN: 49-10-06-106-129.000-101