NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
2.2 Acres

Last Sold February 17, 2017

Last sale price $900,000

177 Days on Market

About This Home

As of February 2017

46 Unit... ALL 2 BEDROOM/1Bath! MONEY MAKER! Financials for the last 3 years are available upon request. Within 3 miles of downtown! Easy access to I-65 and I-70. On bus line.

Last Agent to Sell the Property

Joe Bottorff

Doc Real Estate, Inc Listed on: 05/23/2016

Last Buyer's Agent

Jacob Blackett

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,888

Year Built

  • Built in 1952

Lot Details

  • 2.2

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Block Foundation

Additional Features

  • 3-Story Property
  • 2.2 Acre Lot
  • Basement

Community Details

  • Duvalls Subdivision

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for gas, taxes, sewer, trash collection, water
  • Assessor Parcel Number 491124103005000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,888

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: 5+Units Commercial
  • Architectural Style: ApartBldg, Apart Complex
  • Builder Name: Southview
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1952
  • Co List Office Phone: 317-888-7333
  • Lot Size Acres: 2.2
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: DUVALLS
  • Inspection Warranties: Environment
  • Property Description: 46 Unit... ALL 2 BEDROOM/1Bath! MONEY MAKER! Financials for the last 3 years are available upon request. Within 3 miles of downtown! Easy access to I-65 and I-70. On bus line.
  • Transaction Type: Sale
  • Unit Count: 1
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Three Or More
  • Owner Pays: Gas, Taxes, Sewer, Trash Collection, Water
  • Possible Use: Apt>20
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 46000
  • Laundry: Common

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt
  • Foundation Details: Block
  • List Price: 1288000
  • Road Access: CityStreet
  • Interstate: Ramp1-3mi

Garage/Parking

  • Unit Parking: Parking Lot,Paved Area
  • Auto Parking: 70
  • Auto Surface: asphalt

Utilities

  • Solid Waste: 0
  • HVAC: Boiler

Fee Information

  • Expenses: 103829

Lot Info

  • Current Use: Apt>20
  • Parcel Number: 491124103005000101
  • Zoning: D8
  • Acres: 1-3 Acres
  • Lot Information: Access Street,Busline,Corner,Sidewalks,Street Lights
  • Lot Number: 2&3
  • Lot Size: 95832

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Net Operating Income: 75071
  • Number Of Units Total: 46

Tax Info

  • Tax Annual Amount: 13888
  • Semi Annual Property Tax Amt: 6944
  • Tax Exemption: OtherTaxExemption/See Remarks

MLS Schools

  • School District: Indianapolis Public Schools

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2017 02/17/17 Sold $900,000 0.0% --
11/17/2016 11/17/16 Pending -- -- --
06/23/2016 06/23/16 Off Market $900,000 -- --
06/20/2016 06/20/16 For Sale $1,288,000 +43.1% --
05/31/2016 05/31/16 Off Market $900,000 -- --
05/23/2016 05/23/16 For Sale $1,288,000 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21418838

MIBOR Broker Listing Cooperative®