NOT LISTED FOR SALE

229 W 38th St Indianapolis, IN 46208

Crown Hill Neighborhood

Estimated Value: $114,000 - $118,000

1 Bed
1 Bath
738 Sq Ft
$157/Sq Ft Est. Value

Last Sold July 11, 2018

Last sale price $65,000 $88 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $845/month

2 Days on Market

About This Home

As of July 2018

Great invest opportunity - Neighborhood is changing fast and part of the Great Places 2020 Initiative. Sandwiched between Butler Tarkington and Children's Museum this neighborhood has nowhere to go but up. Several new-build sites blocks away. Upstairs unit has 2BR/1FB and huge walk-up attic space for storage. Downstairs unit has 1BR/1FB and access to basement. Downstairs unit has W/D hook-up. Both units have separately metered electric and gas utilities. Newer double pane windows, new gas furnaces, new paint throughout. Electric is updated w/ new 100 amp panels and Romex wiring. Large front porch. Detached garage. Turn-key property ready for new tenants today. Walking to recently revamped Tarkington Park and historic Crown Hill Cemetery.

Last Agent to Sell the Property

chris muska

Three Cairn Properties, LLC License #RB14039893 Listed on: 06/18/2018

Last Buyer's Agent

Cory Gardner

Gardner Property Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,056

Year Built

  • Built in 1920

Lot Details

  • 2,657 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Duplex

Additional Features

  • Basement

Community Details

  • M C Masters Sub T C Harrison & Cos Add Subdivision

Listing and Financial Details

  • Tenant pays for insurance, all utilities
  • The owner pays for insurance, taxes
  • Assessor Parcel Number 490623148040000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,056

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Doub-Duplx
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1920
  • Lot Size Acres: 0.061
  • Subdivision Name: M C MASTERS SUB T C HARRISON & COS ADD
  • Inspection Warranties: Other
  • Property Description: Great invest opportunity - Neighborhood is changing fast and part of the Great Places 2020 Initiative. Sandwiched between Butler Tarkington and Children's Museum this neighborhood has nowhere to go but up. Several new-build sites blocks away. Upstairs unit has 2BR/1FB and huge walk-up attic space for storage. Downstairs unit has 1BR/1FB and access to basement. Downstairs unit has W/D hook-up. Both units have separately metered electric and gas utilities. Newer double pane windows, new gas furnaces, new paint throughout. Electric is updated w/ new 100 amp panels and Romex wiring. Large front porch. Detached garage. Turn-key property ready for new tenants today. Walking to recently revamped Tarkington Park and historic Crown Hill Cemetery.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Owner Pays: Insurance, Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable

Garage/Parking

  • Garage Spaces: 1
  • Unit Parking: 2 Car Garage

Utilities

  • Solid Waste: 1

Lot Info

  • Parcel Number: 490623148040000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Busline,Corner,Sidewalks
  • Lot Number: 33
  • Lot Size: 2,657

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Insurance, All Utilities

Tax Info

  • Tax Annual Amount: 1056
  • Semi Annual Property Tax Amt: 528
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2024
Sold by
814 Llc
Bought by
229 W 38Th Llc
Current Estimated Value
$121,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,700
Interest Rate
6.79%
Mortgage Type
Construction

Purchase Details

Closed on
May 6, 2024
Sold by
814 Llc
Bought by
229 W 38Th Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,700
Interest Rate
6.79%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 17, 2020
Sold by
Koseko Oleh
Bought by
814 Llc

Purchase Details

Closed on
Dec 30, 2019
Sold by
Namsson Investments Llc
Bought by
Kosenko Oleh

Purchase Details

Listed on
Jun 18, 2018
Closed on
Jul 11, 2018
Seller's Agent
chris muska
Three Cairn Properties, LLC
Buyer's Agent
Cory Gardner
Gardner Property Group
List Price
$64,900
Sold Price
$65,000
Premium/Discount to List
$100
0.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%

Purchase Details

Listed on
Jun 18, 2018
Closed on
Jul 9, 2018
Sold by
Fountain Realty Inc
Bought by
Whitney Co Llc
Seller's Agent
chris muska
Three Cairn Properties, LLC
Buyer's Agent
Cory Gardner
Gardner Property Group
List Price
$64,900
Sold Price
$65,000
Premium/Discount to List
$100
0.15%

Purchase Details

Closed on
Jan 22, 2016
Sold by
Fountain Realty Inc
Bought by
The Whitney Company Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
229 W 38Th Llc -- Investors Title
229 W 38Th Llc $114,000 Investors Title
814 Llc -- None Available
Kosenko Oleh -- Investors Title
-- $65,000 --
Namssob Investments Llc $65,000 First American Title
Whitney Co Llc -- First American Title
The Whitney Company Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 229 W 38Th Llc $178,700
Closed 229 W 38Th Llc $178,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2018 07/11/18 Sold $65,000 +0.2% $88 / Sq Ft
06/21/2018 06/21/18 Pending -- -- --
06/18/2018 06/18/18 For Sale $64,900 -- $88 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $2,592 $107,100 $10,600 $96,500
2023 $2,592 $105,000 $10,600 $94,400
2022 $2,156 $87,500 $10,600 $76,900
2021 $1,739 $71,100 $2,200 $68,900
2020 $1,788 $73,000 $2,200 $70,800
2019 $1,473 $58,300 $2,200 $56,100
2018 $1,363 $53,200 $2,200 $51,000
2017 $1,149 $49,700 $2,200 $47,500
2016 $1,086 $47,800 $2,200 $45,600
2014 $1,003 $66,400 $2,200 $64,200
2013 $1,380 $66,400 $2,200 $64,200
Source: Public Records

Agents Affiliated with this Home

  • c

    Seller's Agent in 2018

    chris muska

    Three Cairn Properties, LLC

    (317) 361-5535

    1 Total Sale

    chris muska
    Section Image

  • C

    Buyer's Agent in 2018

    Cory Gardner

    Gardner Property Group

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21573390

MIBOR Broker Listing Cooperative®

APN: 49-06-23-148-040.000-101

Indiana Marion County Indianapolis 46208 Crown Hill

229 W 38th St, Indianapolis, IN

Not Listed for Sale

MultiFamily

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