NOT LISTED FOR SALE

2260 Webb St Indianapolis, IN 46225

Garfield Park Neighborhood

Estimated Value: $170,000 - $184,000

2 Beds
-- Bath
832 Sq Ft
$213/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $160,000 $192 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,151/month

2 Days on Market

Highlights

  • 5,009 Acre Lot
  • Traditional Architecture
  • Forced Air Heating System

About This Home

As of May 2023

Are you looking for a quality, cash flowing asset in the Garfield Park neighborhood? This beautiful duplex is part of 3 identical duplexes all being sold together for a combine price of $485,000. The three duplexes sit on 4 parcels that provide a lot of privacy for the units. Each unit is 832 square feet with 2 bedrooms & 1 bathroom per unit. Enjoy the ease of these duplexes with minimal exterior repairs needed, and reap the rewards of the investment the current owners have made in these beautiful properties. Don't miss out on this amazing opportunity!

Last Agent to Sell the Property

Maxwell Richter

Wilmoth Group License #RB15000880 Listed on: 04/17/2023

Last Buyer's Agent

Ashley Mullin

FS Houses LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,942

Year Built

  • Built in 1965

Lot Details

  • 5,009 Acre Lot
  • Additional Parcels

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating System

Community Details

  • Nordholt Heirs Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491124113014000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,942

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1965
  • Lot Size Acres: 5009
  • Structure Type: Duplex
  • Subdivision Name: Nordholt Heirs Addition
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: maxr@wilmothgroup.com
  • Special Features: None

Interior Features

  • Levels: Two
  • Gross Area Sq Ft: 1664
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Construction Materials: Other
  • List Price: 160000
  • Road Access: Not Applic

Garage/Parking

  • Unit Parking: Other

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air
  • Laundry Features: Other
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Other
  • Additional Parcels Description: 1070382
  • Additional Parcels: Yes
  • Current Use: Residential
  • Lot Size Sq Ft: 40
  • Parcel Number: 491124113014000101
  • Zoning: Residential
  • Acres: >20 Acres
  • Price Acre: 31.9425034937113

Green Features

  • Green Certification Y N: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3942
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1971
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2024
Sold by
Umstattd Jacob Cole
Bought by
Smart Investments Llc
Current Estimated Value
$177,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,800
Outstanding Balance
$418,595
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
-$235,862

Purchase Details

Listed on
Apr 17, 2023
Closed on
May 26, 2023
Sold by
Ncps Realty Group Llc
Bought by
Umstattd Jacob Cole
Seller's Agent
Maxwell Richter
Wilmoth Group
Buyer's Agent
Ashley Mullin
FS Houses LLC
List Price
$160,000
Sold Price
$160,000
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%
Original Mortgage
$120,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2019
Sold by
Skobis Petar
Bought by
Ncps Realty Group Llc

Purchase Details

Closed on
May 18, 2018
Bought by
Skobic Petar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,750
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2008
Sold by
Seale Adam P and Seale Kimberle J
Bought by
Hie Enterprises Llc
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
Smart Investments Llc $526,000 First American Title
Umstattd Jacob Cole $160,000 None Listed On Document
Ncps Realty Group Llc -- None Available
Skobic Petar $91,700 --
Skobic Petar $91,667 First American Title
Skobic Petar $91,667 First American Title
Hie Enterprises Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smart Investments Llc $420,800
Previous Owner Umstattd Jacob Cole $120,000
Previous Owner Skobic Petar $68,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $160,000 0.0% $192 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $160,000 0.0% $192 / Sq Ft
02/10/2023 02/10/23 Rented $750 0.0% --
01/31/2023 01/31/23 Under Contract -- -- --
01/24/2023 01/24/23 Price Changed $750 -5.1% $1 / Sq Ft
01/11/2023 01/11/23 Price Changed $790 -0.6% $1 / Sq Ft
01/03/2023 01/03/23 Price Changed $795 -6.5% $1 / Sq Ft
12/12/2022 12/12/22 For Rent $850 -- --
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 $2,323 $157,500 $15,700 $141,800
2023 $2,323 $95,900 $15,700 $80,200
2022 $2,410 $96,300 $15,700 $80,600
2021 $2,051 $83,100 $15,700 $67,400
2020 $1,889 $75,900 $15,700 $60,200
2019 $1,588 $61,800 $4,800 $57,000
2018 $1,577 $60,900 $3,900 $57,000
2017 $1,324 $56,500 $3,900 $52,600
2016 $1,217 $52,700 $3,900 $48,800
2014 $1,079 $49,900 $3,900 $46,000
2013 $1,037 $49,900 $3,900 $46,000
Source: Public Records

Agents Affiliated with this Home

  • Maxwell Richter

    Seller's Agent in 2023

    Maxwell Richter

    Wilmoth Group

    (317) 842-3400

    3 in this area

    260 Total Sales

    Maxwell Richter
    Section Image

  • A

    Buyer's Agent in 2023

    Ashley Mullin

    FS Houses LLC

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21916089

MIBOR Broker Listing Cooperative®

APN: 49-11-24-113-014.000-101

Indiana Marion County Indianapolis 46225 Garfield Park

2260 Webb St, Indianapolis, IN

This home is located at 2260 Webb St, Indianapolis, IN 46225 since 17 April 2023 and is currently estimated at $177,000, approximately $212 per square foot. This property was built in 1965. 2260 Webb St is a home located in Marion County with nearby schools including Eleanor Skillen School No. 34, Arlington Community 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.

Nearby Homes