NOT LISTED FOR SALE

Estimated Value: $183,000 - $271,390

2 Beds
-- Bath
1,333 Sq Ft
$175/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $240,000 $180 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,503/month

10 Days on Market

About This Home

As of February 2024

*****Note: This unit is currently being renovated and is available for move-in Sept. 9th. The photos in this listing are from the other unit in the same duplex and are representative of what this unit will look like with small differences.*****

Park-front living! Welcome home to your oasis in the city. 3 bed, 1.5 bath. Just steps to Spades Park and Pogue's Run recreation trail. Quiet neighborhood in a can't beat location: Kan Kan Cinema (.5 miles), Amelia's Bakery (.5 miles), CCIC (.8 miles), Bottleworks District (1.5 miles), Fountain Square (3.3 miles), Downtown Indy (4.5 miles). This newly renovated home mixes historic charm with modern updates. Hardwood and luxury vinyl flooring throughout. Kitchen features granite counters and tile backsplash. From your backyard patio you can enjoy mature trees that flower all summer long. Your front porch overlooks a low maintenance front yard and Spades Park. Washer and dryer included.

- Credit score 550+. Income 2.5 times rent. No past evictions. No felonies. Must move-in within 30 days of applying.
- 12-month lease then month-to-month. Renter pays all utilities except garbage. Rental insurance required.
- Deposit due within 24 hours of approval. First month’s rent due within 72 hours of move-in.
- Small pets considered on a case-by-case basis. Breed restrictions apply. $50/month pet rent.

Last Agent to Sell the Property

Joel Mathews

@properties Brokerage Email: joel@atpropertiesind.com License #RB19000583 Listed on: 01/27/2024

@properties

Last Buyer's Agent

Dominick Jones

@properties

@properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,622

Year Built

  • Built in 1914

Lot Details

  • 4,835

Parking

  • Alley Access

Home Design

  • Duplex
  • Traditional Architecture
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Additional Features

  • 4,835 Sq Ft Lot
  • Separate Meters

Community Details

  • Spades Park Subdivision

Listing and Financial Details

  • Tax Lot 65
  • Assessor Parcel Number 490731232003000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,622

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1914
  • Lot Size Acres: 0.11
  • Structure Type: Duplex
  • Subdivision Name: Spades Park
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: joel@atpropertiesind.com
  • Multi Rooms: 12
  • Attribution Contact: joel@atpropertiesind.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Levels: Two
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Aluminum Siding
  • Foundation Details: Partial
  • Road Access: Not Applic

Garage/Parking

  • Parking Features: Alley Access
  • Unit Parking: On Street

Utilities

  • Cooling: Separate Meters
  • Laundry Features: Connections All
  • Solid Waste: No

Lot Info

  • Lot Features: Access, Sidewalks, Street Lights
  • Current Use: Residential
  • Lot Size Sq Ft: 4835
  • Parcel Number: 490731232003000101
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2622
  • Tax Lot: 65
  • Semi Annual Property Tax Amt: 1311

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2024
Closed on
Feb 19, 2024
Sold by
Montague Asset Management Llc
Bought by
M2 Elevated Ventures Llc
Seller's Agent
Joel Mathews
@properties
Buyer's Agent
Dominick Jones
@properties
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Views
23
Current Estimated Value
$233,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,870
Avg. Annual Appreciation
-1.74%

Purchase Details

Closed on
Jun 29, 2023
Sold by
Montague James
Bought by
Montague Asset Management Llc

Purchase Details

Listed on
Jun 6, 2022
Closed on
Dec 2, 2022
Sold by
Rhodes Paula A
Bought by
Montague James
Seller's Agent
Vicki Palmore-Hale
United Real Estate Indpls
Buyer's Agent
Joel Mathews
@properties
List Price
$149,900
Sold Price
$130,000
Premium/Discount to List
-$19,900
-13.28%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.74%
Original Mortgage
$156,600
Interest Rate
7.08%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 14, 2007
Sold by
Byrne Mary Amanda
Bought by
Rhodes Paula A and Robinson Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,015
Interest Rate
6.2%
Mortgage Type
New Conventional
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
M2 Elevated Ventures Llc $240,000 Foundation Title
Montague Asset Management Llc -- None Listed On Document
Montague James $130,000 --
Rhodes Paula A -- Homequest Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montague James $156,600
Previous Owner Rhodes Paula A $48,015
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2024 09/09/24 For Rent $1,650 0.0% --
02/16/2024 02/16/24 Sold $240,000 -4.0% $180 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
01/27/2024 01/27/24 For Sale $250,000 +92.3% $188 / Sq Ft
12/06/2022 12/06/22 Sold $130,000 0.0% $98 / Sq Ft View Prior Sale
10/03/2022 10/03/22 Pending -- -- --
06/09/2022 06/09/22 Off Market $130,000 -- --
06/06/2022 06/06/22 For Sale $149,900 -- $112 / 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 $3,203 $171,000 $5,000 $166,000
2023 $3,203 $152,800 $5,000 $147,800
2022 $2,622 $160,400 $5,000 $155,400
2021 $2,139 $134,600 $5,000 $129,600
2020 $888 $86,100 $2,600 $83,500
2019 $652 $70,500 $2,600 $67,900
2018 $561 $57,200 $2,600 $54,600
2017 $485 $54,400 $2,600 $51,800
2016 $442 $51,100 $2,600 $48,500
2014 $311 $42,600 $2,600 $40,000
2013 $313 $65,500 $2,600 $62,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21959832

MIBOR Broker Listing Cooperative®

APN: 49-07-31-232-003.000-101