NOT LISTED FOR SALE

2345 N Kenwood Ave Unit 1-3 Indianapolis, IN 46208

Near Northside Neighborhood

Estimated Value: $431,000 - $466,840

2 Beds
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold January 19, 2023

Last sale price $428,452

Est. 3% increase in value since last sale

Current estimated payment $2,796/month

56 Days on Market

About This Home

As of January 2023

Come check out this turn-key income producing triplex in the heart of downtown Indianapolis. This property was stripped to the bones and brought back to life with all of the necessary amenities for everyone to enjoy. Each unit comes with all new LVP floors, granite countertops, stainless steel appliances, washer and dryer hook-up, and even ceiling fans in all of the bedrooms and living rooms. Whether you're looking to house hack or looking to add this to your portfolio this property is a gem. Just mins from I-65, IUPUI, IU-Health, Ivy-Tech and Downtown. You can live or rent out the 1st and 2nd floor (3 bedrooms), and Airbnb the 3rd floor (1 bedroom). Trust me this property will blow you away with the space and endless opportunities.

Last Agent to Sell the Property

Oumar Bah

Bah Realty Trust License #RB17001099 Listed on: 10/11/2022

Co-Listed By

Morifing Koné

Unassigned License #RB22001482

Last Buyer's Agent

Ryan Rominger

Compass Indiana, LLC

Compass Indiana, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,440

Year Built

  • Built in 1920

Lot Details

  • 4,792

Parking

  • Alley Access

Home Design

  • Triplex
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 3-Story Property
  • Washer and Dryer Hookup

Additional Features

  • 4,792 Sq Ft Lot
  • Separate Meters

Community Details

  • Miami Powder Co Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, insurance, sewer, trash collection, all utilities, water
  • The owner pays for ins hazard, insurance, lawncare, taxes, no utilities
  • Tax Lot 19
  • Assessor Parcel Number 490626163027000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,440

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Architectural Style: Other
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1920
  • Co List Office Phone: 202-421-5863
  • Lot Size Acres: 0.11
  • Road Frontage Type: City Street
  • Road Surface Type: Concrete
  • Structure Type: Triplex
  • Subdivision Name: Miami Powder Co
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Conversion: Yes
  • MBR_AttributionContact: Obah@Buywithbah.com
  • Multi Rooms: 21
  • Special Features: None

Interior Features

  • Levels: Three Or More
  • Furnished: Unfurnished
  • Owner Pays: Ins Hazard, Insurance, Lawncare, Taxes, No Utilities
  • SqFt Total: 0

Exterior Features

  • Construction Materials: Stucco, Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Other
  • List Price: 449000

Garage/Parking

  • Parking Features: Alley Access
  • Unit Parking: On Street,Paved Area

Utilities

  • Utilities: Water Connected
  • Cooling: Separate Meters
  • Laundry Features: Connections All
  • Solid Waste: Yes

Fee Information

  • Expenses: 5000

Lot Info

  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Lot Size Sq Ft: 4792
  • Parcel Number: 490626163027000101
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Cable TV, Electricity, Insurance, Sewer, Trash Collection, All Utilities, Water

Multi Family

  • Net Operating Income: 43000
  • Gross Income: 48000
  • Insurance Expense: 1200
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1440
  • Tax Lot: 19
  • Semi Annual Property Tax Amt: 720
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2022
Closed on
Jan 23, 2023
Sold by
Bah Realty Trust Llc
Bought by
Kitzinger Dan and Kitzinger Kathrine
Seller's Agent
Oumar Bah
Bah Realty Trust
Buyer's Agent
Ryan Rominger
Compass Indiana, LLC
List Price
$449,000
Sold Price
$428,452
Premium/Discount to List
-$20,548
-4.58%
Views
23
Current Estimated Value
$439,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,067
Avg. Annual Appreciation
1.55%
Original Mortgage
$321,339
Outstanding Balance
$312,966
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$132,648

Purchase Details

Closed on
Jul 30, 2021
Sold by
Halefa Nur L
Bought by
Bah Realty Trust Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,850
Interest Rate
2.9%
Mortgage Type
Commercial
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
Kitzinger Dan -- Centurion Land Title
Bah Realty Trust Llc $95,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kitzinger Dan $321,339
Previous Owner Bah Realty Trust Llc $252,850
Previous Owner Bah Realty Trust Llc $252,850
Previous Owner Robinson Willie J $22,519
Previous Owner Robinson Willie J $50,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2023 01/19/23 Sold $428,452 -4.6% --
12/06/2022 12/06/22 Pending -- -- --
11/03/2022 11/03/22 For Sale $449,000 0.0% --
10/15/2022 10/15/22 Pending -- -- --
10/11/2022 10/11/22 For Sale $449,000 -- --
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 $4,667 $302,600 $17,300 $285,300
2023 $4,667 $191,700 $17,300 $174,400
2022 $2,196 $236,500 $17,300 $219,200
2021 $1,427 $56,800 $3,600 $53,200
2020 $3,191 $57,400 $3,600 $53,800
2019 $2,799 $56,200 $3,600 $52,600
2018 $3,247 $48,200 $3,600 $44,600
2017 $705 $44,200 $3,600 $40,600
2016 $653 $41,800 $3,600 $38,200
2014 $530 $38,400 $3,600 $34,800
2013 $702 $51,600 $3,600 $48,000
Source: Public Records

Agents Affiliated with this Home

  • Oumar Bah

    Seller's Agent in 2023

    Oumar Bah

    Bah Realty Trust

    (202) 421-5863

    2 in this area

    34 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2023

    Morifing Koné

    Unassigned

    Section Image

  • R

    Buyer's Agent in 2023

    Ryan Rominger

    Compass Indiana, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21887842

MIBOR Broker Listing Cooperative®

APN: 49-06-26-163-027.000-101

Indiana Marion County Indianapolis 46208 Near Northside

2345 N Kenwood Ave Unit 1-3, Indianapolis, IN

This home is located at 2345 N Kenwood Ave Unit 1-3, Indianapolis, IN 46208 since 11 October 2022 and is currently estimated at $445,613. This property was built in 1920. 2345 N Kenwood Ave Unit 1-3 is a home located in Marion County with nearby schools including Elder W. Diggs School 42, Northwest 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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