NOT LISTED FOR SALE

2205 E New York St Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $259,000 - $289,000

2 Beds
-- Bath
1,089 Sq Ft
$252/Sq Ft Est. Value

Last Sold August 10, 2017

Last sale price $38,000 $35 Per Sq Ft

Est. 621% increase in value since last sale

Current estimated payment $1,879/month

5 Days on Market

About This Home

As of August 2017

Very Trendy area, Up and Coming! This is your opportunity to live in one side, and have a tenant on the other side. Tenant is occupying the 2207 Side for $575/month. 2205 side is vacant. Seller is selling this home As-is, and will make no repairs. So if you are using financing, please understand owner will not make repairs for appraisal conditions.

Last Agent to Sell the Property

Keith Farabee

CityPlace Realty License #RB14036865 Listed on: 02/01/2017

Last Buyer's Agent

Jeremiah Mattingly

House to Home Realty Solutions

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 1,786

Home Design

  • Vinyl Siding

Additional Features

  • 2-Story Property
  • 1,786 Sq Ft Lot

Community Details

  • Johnson & Hogshire Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for inshazard, insurance, sewer, trash collection, water
  • Assessor Parcel Number 491006106128000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Doub-Duplx
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1900
  • Lot Size Acres: 0.041
  • Subdivision Name: JOHNSON & HOGSHIRE
  • Inspection Warranties: Other
  • Property Description: Very Trendy area, Up and Coming! This is your opportunity to live in one side, and have a tenant on the other side. Tenant is occupying the 2207 Side for $575/month. 2205 side is vacant. Seller is selling this home As-is, and will make no repairs. So if you are using financing, please understand owner will not make repairs for appraisal conditions.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: InsHazard, Insurance, 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

Utilities

  • Solid Waste: 1

Lot Info

  • Parcel Number: 491006106128000101
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks
  • Lot Number: 210
  • Lot Size: 1,786

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Annual Amount: 1680
  • Semi Annual Property Tax Amt: 840
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2022
Sold by
Rtj Llc
Bought by
Rh Creative Properties Llc
Current Estimated Value
$274,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,500
Outstanding Balance
$392,913
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
-$118,913

Purchase Details

Closed on
Mar 28, 2022
Sold by
Rtj Llc
Bought by
Rh Creative Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,500
Outstanding Balance
$392,913
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
-$118,913

Purchase Details

Closed on
Mar 24, 2022
Sold by
Rtj Llc
Bought by
Rh Creative Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,500
Outstanding Balance
$392,913
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
-$118,913

Purchase Details

Closed on
Mar 16, 2018
Sold by
Baker Brian
Bought by
Jaeckel Robert

Purchase Details

Listed on
Feb 1, 2017
Closed on
Aug 10, 2017
Sold by
Andrew Drake Attorney
Bought by
Baker Brian
Seller's Agent
Keith Farabee
CityPlace Realty
Buyer's Agent
Jeremiah Mattingly
House to Home Realty Solutions
List Price
$47,900
Sold Price
$38,000
Premium/Discount to List
-$9,900
-20.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.17%

Purchase Details

Listed on
Feb 9, 2015
Closed on
Jul 23, 2015
Sold by
Expansion Unlimited Llc
Bought by
Payton Just For
Seller's Agent
Tim Bradley
Discover Properties, LLC
Buyer's Agent
Keith Farabee
CityPlace Realty
List Price
$22,500
Sold Price
$19,970
Premium/Discount to List
-$2,530
-11.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.08%

Purchase Details

Closed on
Dec 11, 2012
Sold by
Faldmo Christopher Mark
Bought by
Faldmo Christopher Mark

Purchase Details

Closed on
May 16, 2011
Sold by
Expansion Unlimited Llc
Bought by
Faldmo Christopher M

Purchase Details

Closed on
Dec 10, 2008
Sold by
Faldmo Christopher M
Bought by
Expansion Unlimited

Purchase Details

Closed on
Jul 31, 2008
Sold by
Cit Group Consumer Finance Inc
Bought by
Faldmo Chris

Purchase Details

Closed on
Mar 7, 2008
Sold by
Mcgraw Shawntel D
Bought by
The Cit Group/Consumer Finance Inc

Purchase Details

Closed on
Dec 8, 2006
Sold by
Howard Frankie
Bought by
Mcgraw Shawntel D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,600
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2006
Sold by
Abn Amro Mortgage Group Inc
Bought by
Howard Frankie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,100
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2005
Sold by
Abn Amro Mortgage Group Inc
Bought by
Howard Frankie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,100
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2005
Sold by
Wheeler James Lee and Wheeler Stephanie A
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rh Creative Properties Llc -- Fidelity National Title
Rh Creative Properties Llc -- Fidelity National Title
Rh Creative Properties Llc -- Fidelity National Title
Jaeckel Robert $80,000 --
Rtj Llc $80,000 Eagle Land Title
Baker Brian $42,000 --
Baker Brian $42,000 Metropolitan Title
Payton Just For -- None Available
Faldmo Christopher Mark -- --
Faldmo Christopher M -- None Available
Expansion Unlimited -- None Available
Faldmo Chris -- None Available
The Cit Group/Consumer Finance Inc $87,982 None Available
Mcgraw Shawntel D -- None Available
Howard Frankie -- None Available
Howard Frankie -- None Available
Federal Home Loan Mortgage Corporation $54,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rh Creative Properties Llc $416,500
Closed Rh Creative Properties Llc $416,500
Closed Rh Creative Properties Llc $416,500
Previous Owner Mcgraw Shawntel D $85,600
Previous Owner Howard Frankie $23,100
Previous Owner Howard Frankie $23,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2017 08/10/17 Sold $38,000 -12.6% $35 / Sq Ft
06/22/2017 06/22/17 Price Changed $43,500 -9.2% $40 / Sq Ft
04/14/2017 04/14/17 For Sale $47,900 0.0% $44 / Sq Ft
02/07/2017 02/07/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $47,900 +139.9% $44 / Sq Ft
07/28/2015 07/28/15 Sold $19,970 -11.2% $36 / Sq Ft View Prior Sale
07/27/2015 07/27/15 Pending -- -- --
02/09/2015 02/09/15 For Sale $22,500 0.0% $40 / Sq Ft
03/20/2013 03/20/13 Rented $425 -19.0% --
03/20/2013 03/20/13 Under Contract -- -- --
09/14/2012 09/14/12 For Rent $525 -- --
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 $5,303 $243,000 $5,700 $237,300
2023 $5,303 $219,300 $5,700 $213,600
2022 $4,947 $205,300 $5,700 $199,600
2021 $3,508 $147,800 $5,700 $142,100
2020 $2,489 $107,500 $1,300 $106,200
2019 $2,004 $84,900 $1,300 $83,600
2018 $1,587 $62,600 $1,300 $61,300
2017 $1,928 $86,400 $1,300 $85,100
2016 $1,681 $78,300 $1,300 $77,000
2014 $1,591 $73,600 $1,300 $72,300
2013 $1,530 $73,600 $1,300 $72,300
Source: Public Records

Agents Affiliated with this Home

  • Keith Farabee

    Seller's Agent in 2017

    Keith Farabee

    CityPlace Realty

    (317) 503-0788

    1 in this area

    7 Total Sales

    Keith Farabee
    Section Image

  • J

    Buyer's Agent in 2017

    Jeremiah Mattingly

    House to Home Realty Solutions

    Section Image

  • T

    Seller's Agent in 2015

    Tim Bradley

    Discover Properties, LLC

    Section Image

  • A

    Seller Co-Listing Agent in 2013

    Amber Bradley

    Discover Properties, LLC

    (317) 254-8888

    5 in this area

    31 Total Sales

    Amber Bradley
    Section Image

  • T

    Buyer's Agent in 2013

    Taylor Williams

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21462966

MIBOR Broker Listing Cooperative®

APN: 49-10-06-106-128.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

2205 E New York St, Indianapolis, IN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.

Nearby Homes