NOT LISTED FOR SALE

2311 S Hunter Rd Indianapolis, IN 46239

Southeast Indianapolis Neighborhood

Estimated Value: $158,000 - $231,000

2 Beds
-- Bath
836 Sq Ft
$233/Sq Ft Est. Value

Last Sold November 05, 2018

Last sale price $136,500 $163 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,327/month

59 Days on Market

About This Home

As of November 2018

Fantastic investment opportunity in a great location in southern Warren Township! 4 duplexes (8 total units) with convenient access to I-465, I-74, & Marion County Fairgrounds. Each 836 sq ft unit features 2 beds, 1 bath, living room, kitchen, & private laundry room. Storage shed included for each unit. All brick exteriors. The 4 lots are all adjacent to each other, each totaling 0.41 acres. All interiors updated within the last 5 years including windows, appliances, paint, flooring, cabinets, counters, furnaces, water heaters, & A/C. Utilities paid separately on all units. Income potential could be even greater. Current rents have been kept lower for long-term tenants.

Last Agent to Sell the Property

David Brenton

DAVID BRENTON'S TEAM License #RB14028349 Listed on: 08/31/2018

Last Buyer's Agent

Brenda Jones

Level Up Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,748

Year Built

  • Built in 1968

Lot Details

  • 0.41 Acre Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Crawl Space

Listing and Financial Details

  • Tenant pays for insurance lawncare all utilities
  • The owner pays for inshazard insurance insurance taxes
  • Assessor Parcel Number 491023122008000700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,748

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1968
  • Lot Size Acres: 0.408
  • Structure Type: Duplex
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Fantastic investment opportunity in a great location in southern Warren Township! 4 duplexes (8 total units) with convenient access to I-465, I-74, & Marion County Fairgrounds. Each 836 sq ft unit features 2 beds, 1 bath, living room, kitchen, & private laundry room. Storage shed included for each unit. All brick exteriors. The 4 lots are all adjacent to each other, each totaling 0.41 acres. All interiors updated within the last 5 years including windows, appliances, paint, flooring, cabinets, counters, furnaces, water heaters, & A/C. Utilities paid separately on all units. Income potential could be even greater. Current rents have been kept lower for long-term tenants.
  • Transaction Type: Sale
  • Unit Count: 1
  • Conversion: 0
  • Lifestyles: Double/Duplex
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: InsHazard,Insurance,Insurance,Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel,Storage
  • Foundation Details: Crawl Space
  • List Price: 150000

Garage/Parking

  • Unit Parking: Other

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 3000

Lot Info

  • Parcel Number: 491023122008000700
  • Acres: 1/4-1/2 Acre
  • Lot Information: Not Applicable
  • Lot Number: 1
  • Lot Size: 17,772

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Insurance,Lawncare,All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1748
  • Semi Annual Property Tax Amt: 874
  • Tax Exemption: None

MLS Schools

  • School District: Warren Township
  • Schools: Lowell Elementary,Raymond Park Middle,Warren Central High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2018
Closed on
Nov 5, 2018
Sold by
Wheeler Jeffrey T
Seller's Agent
David Brenton
DAVID BRENTON'S TEAM
Buyer's Agent
Brenda Jones
Level Up Real Estate Group
List Price
$600,000
Sold Price
$136,500
Premium/Discount to List
-$463,500
-77.25%
Current Estimated Value
$194,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,000
Avg. Annual Appreciation
5.51%

Purchase Details

Closed on
Sep 1, 2012
Sold by
Stapert James D and Stapert Arlene Sue
Bought by
Wheeler Jeffrey T and Wheeler Elizabeth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
3.56%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
-- $546,000 --
Wheeler Jeffrey T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wheeler Jeffrey T $66,339
Previous Owner Wheeler Jeffrey T $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2018 11/05/18 Sold $136,500 -9.0% $163 / Sq Ft
10/29/2018 10/29/18 Pending -- -- --
10/29/2018 10/29/18 Price Changed $150,000 -75.0% $179 / Sq Ft
08/31/2018 08/31/18 For Sale $600,000 -- $718 / 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 $3,225 $134,200 $10,000 $124,200
2023 $3,225 $133,200 $10,000 $123,200
2022 $2,250 $95,100 $10,000 $85,100
2021 $2,252 $95,100 $10,000 $85,100
2020 $2,212 $93,300 $10,000 $83,300
2019 $2,202 $92,900 $10,000 $82,900
2018 $2,088 $87,900 $10,000 $77,900
2017 $1,746 $80,200 $10,000 $70,200
2016 $1,665 $76,300 $10,000 $66,300
2014 $1,474 $73,700 $10,000 $63,700
2013 $1,454 $72,700 $10,000 $62,700
Source: Public Records

Agents Affiliated with this Home

  • David Brenton

    Seller's Agent in 2018

    David Brenton

    DAVID BRENTON'S TEAM

    (317) 882-7210

    4 in this area

    614 Total Sales

    David Brenton
    Section Image

  • B

    Buyer's Agent in 2018

    Brenda Jones

    Level Up Real Estate Group

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21593063

MIBOR Broker Listing Cooperative®

APN: 49-10-23-122-008.000-700

Indiana Marion County Indianapolis 46203 Southeast Indianapolis

2311 S Hunter Rd, Indianapolis, IN

This home is located at 2311 S Hunter Rd, Indianapolis, IN 46239 since 31 August 2018 and is currently estimated at $194,500, approximately $232 per square foot. This property was built in 1968. 2311 S Hunter Rd is a home located in Marion County with nearby schools including Lowell Elementary School, Raymond Park Intermediate School (5-6), and Raymond Park Middle 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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