NOT LISTED FOR SALE

2249 N Capitol Ave Indianapolis, IN 46208

Near Northside Neighborhood

Estimated Value: $145,000 - $205,653

3 Beds
1 Bath
2,178 Sq Ft
$80/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $130,750 $60 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,225/month

33 Days on Market

About This Home

As of March 2023

This is a great investment opportunity. Investors add this cash flow to your portfolio. Home is currently being used as a boarding house. Current rents total $3100 per month and monthly expenses are averaging $912 per month. Most tenant are on month- to- month leases. Property is located in a great area, close to downtown! Expense breakdown monthly average: (Gas, water, sewage) = $362, Electric = $200, Insurance $145, Taxes $205. *****EM to be $2500**** **Showings MONDAYS & FRIDAYS 12:30 - 2PM due to tenants' privacy. **HOME SOLD AS-IS.******Bring an offer MOTIVATED SELLER******

Last Agent to Sell the Property

Ann Montgomery

Promisedst Place Realty License #RB14049688 Listed on: 01/18/2023

Last Buyer's Agent

Austin Fish

Go Fish Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,466

Year Built

  • Built in 1910

Lot Details

  • 38

Parking

  • Alley Access

Home Design

  • Quadruplex
  • Traditional Architecture
  • Fixer Upper

Additional Features

  • Neighborhood Views
  • 38 Sq Ft Lot

Community Details

  • M A Rhodes Sub Rhodes Subdivision
  • No Laundry Facilities

Listing and Financial Details

  • Tenant pays for rent only
  • The owner pays for electricity, gas, ins hazard, taxes
  • Assessor Parcel Number 490626115001000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,466

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Fourplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1910
  • Structure Type: Duplex
  • Subdivision Name: M A Rhodes Sub Rhodes
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: Yes
  • MBR_AttributionContact: pprpbiz@gmail.com
  • Multi Rooms: 10
  • Special Features: None

Interior Features

  • Owner Pays: Electricity, Gas, Ins Hazard, Taxes
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Wood
  • List Price: 165000
  • Property Condition: Fixer
  • View: Neighborhood
  • Waterfront: No
  • Road Access: Not Applic

Garage/Parking

  • Parking Features: Alley Access
  • Unit Parking: On Street

Utilities

  • Laundry Features: No Laundry Facil.
  • Solid Waste: Yes

Fee Information

  • Expenses: 912

Lot Info

  • Lot Features: Access, Other
  • Property Attached Yn: No
  • Additional Parcels: No
  • Current Use: Multi-Family
  • Lot Size Sq Ft: 38
  • Parcel Number: 490626115001000101
  • Zoning: 01
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Rent Only, Other

Multi Family

  • Gross Income: 3100
  • Insurance Expense: 1742
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2466
  • Tax Block: 0
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1233
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Mar 29, 2023
Sold by
Jackson Darius
Bought by
Liu Gaby
Seller's Agent
Ann Montgomery
Promisedst Place Realty
Buyer's Agent
Austin Fish
Go Fish Realty
List Price
$190,000
Sold Price
$130,750
Premium/Discount to List
-$59,250
-31.18%
Views
176
Current Estimated Value
$174,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,413
Avg. Annual Appreciation
15.59%
Original Mortgage
$294,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2010
Sold by
The Closing Table Llc
Bought by
Goingcorp

Purchase Details

Closed on
Aug 30, 2007
Sold by
Wells Fargo Bank Na
Bought by
Table Closing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,003
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2006
Sold by
Banks Kyle C
Bought by
Wells Fargo Bank Na
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
Liu Gaby $130,750 --
Goingcorp $23,000 None Available
Table Closing -- None Available
Wells Fargo Bank Na $68,246 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Gaby $243,750
Closed Liu Gaby $294,000
Previous Owner Table Closing $31,003
Previous Owner Closing Table Llc $31,003
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $130,750 -20.8% $60 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
01/30/2023 01/30/23 Price Changed $165,000 -13.2% $76 / Sq Ft
01/18/2023 01/18/23 For Sale $190,000 -- $87 / 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 $3,340 $142,300 $17,300 $125,000
2023 $3,340 $137,100 $17,300 $119,800
2022 $2,936 $135,400 $17,300 $118,100
2021 $2,465 $103,200 $2,600 $100,600
2020 $2,028 $84,000 $2,600 $81,400
2019 $1,754 $70,900 $2,600 $68,300
2018 $1,468 $58,300 $2,600 $55,700
2017 $1,003 $43,600 $2,600 $41,000
2016 $933 $41,300 $2,600 $38,700
2014 $822 $38,000 $2,600 $35,400
2013 $1,301 $62,600 $2,600 $60,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Ann Montgomery

    Promisedst Place Realty

    (317) 797-7055

    1 in this area

    20 Total Sales

    Ann Montgomery
    Section Image

  • A

    Buyer's Agent in 2023

    Austin Fish

    Go Fish Realty

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21901438

MIBOR Broker Listing Cooperative®

APN: 49-06-26-115-001.000-101

Indiana Marion County Indianapolis 46208 Near Northside

2249 N Capitol Ave, Indianapolis, IN

This home is located at 2249 N Capitol Ave, Indianapolis, IN 46208 since 18 January 2023 and is currently estimated at $174,163, approximately $79 per square foot. This property was built in 1910. 2249 N Capitol Ave is a home located in Marion County with nearby schools including Elder W. Diggs School 42, Northwest Middle School, and Arsenal Technical High School.

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.

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