NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
2.2 Acre Lot

Sale Details

Date 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

Dropped Members License #RB14029260 Listed on: 05/23/2016

Last Buyer's Agent

Jacob Blackett

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Property Details

Home Type

  • Apartment

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

Apartment

Est. Annual Taxes

$13,888

Year Built

Built in 1952

Lot Details

2.2 Acres

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
  • 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

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

Tax Info

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

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,113,000
Outstanding Balance
$3,440,233
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,300,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Listed on
May 23, 2016
Closed on
Feb 17, 2017
Sold by
Bought by
Seller's Agent
Joe Bottorff
Dropped Members
Buyer's Agent
Jacob Blackett
List Price
$1,288,000
Sold Price
$900,000
Premium/Discount to List
-$388,000
-30.12%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$1,850,000 Investors Title Service, Inc.
$900,000 Quality Title Insurance
$900,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $4,113,000
Previous Owner $2,736,565
Previous Owner $3,300,000
Previous Owner $3,000,000
Previous Owner $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $25,313 $1,278,600 $197,900 $1,080,700
2024 $26,413 $1,066,700 $197,900 $868,800
2023 $26,413 $1,075,900 $197,900 $878,000
2022 $21,270 $863,900 $197,900 $666,000
2021 $19,170 $794,800 $179,900 $614,900
2020 $19,499 $807,200 $179,900 $627,300
2019 $19,093 $775,800 $179,900 $595,900
2018 $18,259 $735,000 $179,900 $555,100
2017 $15,703 $705,700 $179,900 $525,800
2016 $14,630 $670,900 $179,900 $491,000
2014 $13,887 $642,300 $179,900 $462,400
2013 $16,058 $642,400 $180,000 $462,400
Source: Public Records

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21418838

MIBOR Broker Listing Cooperative®
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