NOT LISTED FOR SALE

229 N Walcott St Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $343,000 - $390,000

6 Beds
-- Bath
2,618 Sq Ft
$140/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $335,000 $128 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,334/month

26 Days on Market

Highlights

  • Mature Trees
  • 1 Car Detached Garage
  • 4-minute walk to Willard Park
  • Traditional Architecture

About This Home

As of May 2023

Come see this Wonderful Duplex in Arlington Heights! Currently tenant occupied this duplex rents for good money and it can even be improved. Many important updates have been done to the place (2018- new interior paint (both units), 2020- new downstairs water heater, 2021- new roof, 2021 - new downstairs furnace, 2022 - new upstairs heat/ac (heat pump). The area has taken off and rents have increased a ton. Lots of potential for improvement to push the rents even higher. Schedule soon before this one goes! Lot south of house (225 N Walcott) not included in the sale, but can be purchased.

Last Agent to Sell the Property

David Barnes

F.C. Tucker Company Brokerage Email: davidbarnes@talktotucker.com License #RB14040452 Listed on: 03/27/2023

F.C. Tucker Company

Last Buyer's Agent

David Johnson

F.C. Tucker Company

F.C. Tucker Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,472

Year Built

  • Built in 2014

Lot Details

  • 5,663 Sq Ft Lot
  • Mature Trees

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Foundation

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Laundry in Basement

Additional Features

  • City Lot
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for sewer, water
  • Tax Lot 41
  • Assessor Parcel Number 491006185010000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,472

Year Built

Built in 2014

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 2014
  • Lot Size Acres: 0.13
  • Road Frontage Type: City Street
  • Road Surface Type: Concrete
  • Structure Type: Duplex
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: Yes
  • Price Unit: 167500
  • MBR_AttributionContact: davidbarnes@talktotucker.com
  • Multi Rooms: 9
  • Attribution Contact: davidbarnes@talktotucker.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Levels: Two
  • Owner Pays: Sewer, Water
  • Gross Area Sq Ft: 2618
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Construction Materials: Wood
  • Fencing: Partial
  • Foundation Details: Brick
  • List Price: 325000
  • Road Access: Access Rd

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached, Gravel
  • Unit Parking: 1 Car Garage,Unpaved

Utilities

  • Cooling: Central Electric
  • Heating: Electric, Gas
  • Laundry Features: Laundry Closet, In Basement
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: City Lot, Mature Trees
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Current Use: Multi-Family
  • Lot Size Sq Ft: 5662.8
  • Parcel Number: 491006185010000101
  • Zoning: Multi Family
  • Acres: <1/4 Acre
  • Price Acre: 2576923

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 31200
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5472
  • Tax Lot: 41
  • Semi Annual Property Tax Amt: 2736
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
May 11, 2023
Sold by
City Acres Llc
Bought by
Hasse John B
Seller's Agent
David Barnes
F.C. Tucker Company
Buyer's Agent
David Johnson
F.C. Tucker Company
List Price
$325,000
Sold Price
$335,000
Premium/Discount to List
$10,000
3.08%
Views
100
Current Estimated Value
$365,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,634
Avg. Annual Appreciation
2.92%

Purchase Details

Listed on
Jun 3, 2019
Closed on
Oct 10, 2019
Sold by
Richwine Fred and Richwine Sarah
Bought by
City Acres Llc
Seller's Agent
Jason DeArman
Midwest Land Group
Buyer's Agent
Lynette Wuethrich
List Price
$249,000
Sold Price
$237,000
Premium/Discount to List
-$12,000
-4.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.12%
Original Mortgage
$189,600
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 14, 2006
Sold by
Ackerly Nancy
Bought by
Richwine Fred and Richwine Sarah
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
Hasse John B $335,000 First American Title
City Acres Llc -- None Available
Richwine Fred -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner City Acres Llc $189,600
Previous Owner Richwine Fred $111,710
Previous Owner Richwine Fred S $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $335,000 +3.1% $128 / Sq Ft
04/23/2023 04/23/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $325,000 +37.1% $124 / Sq Ft
10/10/2019 10/10/19 Sold $237,000 -4.8% $91 / Sq Ft
08/23/2019 08/23/19 Pending -- -- --
06/03/2019 06/03/19 For Sale $249,000 -- $95 / 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 $4,108 $358,900 $15,100 $343,800
2023 $4,108 $166,000 $15,100 $150,900
2022 $5,472 $156,200 $15,100 $141,100
2021 $5,472 $228,800 $15,100 $213,700
2020 $5,039 $216,400 $2,300 $214,100
2019 $1,340 $55,800 $2,300 $53,500
2018 $1,483 $54,600 $2,300 $52,300
2017 $1,287 $52,300 $2,300 $50,000
2016 $1,052 $47,800 $2,300 $45,500
2014 $993 $44,900 $2,300 $42,600
2013 $959 $44,900 $2,300 $42,600
Source: Public Records

Agents Affiliated with this Home

  • David Barnes

    Seller's Agent in 2023

    David Barnes

    F.C. Tucker Company

    (317) 946-0001

    9 in this area

    111 Total Sales

    David Barnes
    Section Image

  • D

    Buyer's Agent in 2023

    David Johnson

    F.C. Tucker Company

    Section Image
  • Jason DeArman

    Seller's Agent in 2019

    Jason DeArman

    Midwest Land Group

    (317) 223-6590

    3 in this area

    322 Total Sales

    Jason DeArman
    Section Image
  • Kara DeArman

    Seller Co-Listing Agent in 2019

    Kara DeArman

    F.C. Tucker Company

    (317) 201-0814

    1 in this area

    179 Total Sales

    Kara DeArman
    Section Image

  • L

    Buyer's Agent in 2019

    Lynette Wuethrich

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21910467

MIBOR Broker Listing Cooperative®

APN: 49-10-06-185-010.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

229 N Walcott St, Indianapolis, IN

This home is located at 229 N Walcott St, Indianapolis, IN 46201 since 27 March 2023 and is currently estimated at $365,634, approximately $139 per square foot. This property was built in 2014. 229 N Walcott St is a home located in Marion County with nearby schools including Washington Irving School 14, Arsenal Technical High School, and George Washington Community High School (9-12).

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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