NOT LISTED FOR SALE

2264 Webb St Indianapolis, IN 46225

Garfield Park Neighborhood

Estimated Value: $170,000 - $186,000

2 Beds
-- Bath
832 Sq Ft
$214/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 $1,174/month

2 Days on Market

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

Year Built

  • Built in 1965

Lot Details

  • 5,881

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector

Additional Features

  • 5,881 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • Nordholt Heirs Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491124113012000101

Property Details

Home Type

Multi-Family

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: 0.14
  • Structure Type: Duplex
  • Subdivision Name: Nordholt Heirs Addition
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: maxr@wilmothgroup.com
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: Two
  • Gross Area Sq Ft: 1634
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Construction Materials: Other
  • List Price: 165000
  • 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: Sidewalks
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 5881
  • Parcel Number: 491124113012000101
  • Zoning: Residential
  • Acres: <1/4 Acre
  • Price Acre: 1142857.14285714

Green Features

  • Green Certification Y N: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4096
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 2048
  • 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
$178,000

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
-$230,127

Purchase Details

Listed on
Apr 17, 2023
Closed on
May 26, 2023
Sold by
Ncps Realty Group Llc
Bought by
Umstand Jacob Cole
Seller's Agent
Maxwell Richter
Wilmoth Group
Buyer's Agent
Ashley Mullin
FS Houses LLC
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%
Views
73

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$123,750
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2019
Sold by
Skobic Peter
Bought by
Ncps Ealty Group Llc

Purchase Details

Closed on
May 18, 2018
Bought by
Petar Skobic

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
Jan 29, 2009
Sold by
Hie Enterprises Llc
Bought by
Gerber Construction Llc

Purchase Details

Closed on
Sep 3, 2008
Sold by
Seale Adam P and Seale Kimberle J
Bought by
Hie Enterprises Llc

Purchase Details

Closed on
Aug 23, 2006
Sold by
Babbitt Llc
Bought by
Seale Adam P and Seale Kimberle J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,500
Interest Rate
8.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 15, 2005
Sold by
Francis Paul C
Bought by
Babbitt Llc
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
Smart Investments Llc $526,000 First American Title
Umstand Jacob Cole $165,000 None Listed On Document
Ncps Ealty Group Llc -- First American Title
Petar Skobic $91,700 --
Skobic Petar $91,667 First American Title Insurance
Gerber Construction Llc -- None Available
Hie Enterprises Llc -- None Available
Seale Adam P -- None Available
Babbitt Llc -- None Available
Babbitt Llc $54,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smart Investments Llc $420,800
Closed Smart Investments Llc $420,800
Previous Owner Umstand Jacob Cole $123,750
Previous Owner Skobic Petar $68,750
Previous Owner Seale Adam P $55,500
Previous Owner Francis Paul C $100,000
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
04/24/2023 04/24/23 Rented $825 0.0% --
04/20/2023 04/20/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $165,000 0.0% $198 / Sq Ft
04/17/2023 04/17/23 For Rent $825 +18.7% --
03/04/2020 03/04/20 Rented $695 0.0% --
02/21/2020 02/21/20 Under Contract -- -- --
02/10/2020 02/10/20 Price Changed $695 -4.1% $1 / Sq Ft
01/20/2020 01/20/20 For Rent $725 -- --
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 $2,477 $163,400 $21,000 $142,400
2023 $2,477 $101,600 $21,000 $80,600
2022 $2,562 $102,000 $21,000 $81,000
2021 $2,200 $88,800 $21,000 $67,800
2020 $2,038 $81,600 $21,000 $60,600
2019 $1,646 $63,600 $6,400 $57,200
2018 $1,607 $61,500 $4,300 $57,200
2017 $1,351 $57,100 $4,300 $52,800
2016 $1,243 $53,300 $4,300 $49,000
2014 $1,096 $50,700 $4,300 $46,400
2013 $1,054 $50,700 $4,300 $46,400
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

  • J

    Buyer's Agent in 2020

    Joel Wilmoth

    Wilmoth Group

    (317) 622-5023

    4 Total Sales

    Joel Wilmoth
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21916092

MIBOR Broker Listing Cooperative®

APN: 49-11-24-113-012.000-101

Indiana Marion County Indianapolis 46225 Garfield Park

2264 Webb St, Indianapolis, IN

This home is located at 2264 Webb St, Indianapolis, IN 46225 since 17 April 2023 and is currently estimated at $178,000, approximately $213 per square foot. This property was built in 1965. 2264 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.

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