NOT LISTED FOR SALE

Estimated Value: $181,000 - $252,000

2 Beds
-- Bath
1,209 Sq Ft
$179/Sq Ft Est. Value

Last Sold April 10, 2017

Last sale price $32,500 $27 Per Sq Ft

Est. 566% increase in value since last sale

Current estimated payment $1,514/month

10 Days on Market

About This Home

As of April 2017

Investor Special! Duplex with 3 bedrooms on each side. Good bones but will need electrical, plumbing, and cosmetics. Some good woodwork. There are nicely rehabbed doubles on each side of this property.

Last Agent to Sell the Property

Sam Barron

Barron Property Services License #RB14049720 Listed on: 01/20/2017

Last Buyer's Agent

Samuel Barrow

Parrot Property Group LLC License #RB16001179

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 4,487

Home Design

  • Vinyl Siding

Community Details

  • State Plaza Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for taxes
  • Assessor Parcel Number 491006159009000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: See Remarks
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1920
  • Subdivision Name: STATE PLAZA
  • Inspection Warranties: Not Applicable
  • Property Description: Investor Special! Duplex with 3 bedrooms on each side. Good bones but will need electrical, plumbing, and cosmetics. Some good woodwork. There are nicely rehabbed doubles on each side of this property.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Owner Pays: Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • List Price: 34995

Garage/Parking

  • Unit Parking: Unpaved

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 491006159009000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley
  • Lot Number: 45
  • Lot Size: 0.00 AC

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1638
  • Semi Annual Property Tax Amt: 819
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2020
Sold by
Luxe Properties Llc
Bought by
Malik Mazhar
Current Estimated Value
$216,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Outstanding Balance
$155,624
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$69,085

Purchase Details

Closed on
Mar 18, 2020
Sold by
Barrow Pete
Bought by
Luxe Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 20, 2017
Closed on
Apr 4, 2017
Seller's Agent
Sam Barron
Barron Property Services
Buyer's Agent
Samuel Barrow
Parrot Property Group LLC
List Price
$34,995
Sold Price
$32,500
Premium/Discount to List
-$2,495
-7.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.99%

Purchase Details

Closed on
Oct 19, 2012
Sold by
Arei Indy Llc
Bought by
Batzir Investments Llc

Purchase Details

Listed on
Jun 1, 2012
Closed on
Jun 29, 2012
Sold by
Crofts William
Bought by
The Rental People Llc
Seller's Agent
Tod Richardson
AH4R Management-IN, LLC
Buyer's Agent
Mark Forcum
Envoy Real Estate, LLC
List Price
$59,000
Sold Price
$17,000
Premium/Discount to List
-$42,000
-71.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.69%

Purchase Details

Closed on
Jun 18, 2008
Sold by
Home Servicing Llc
Bought by
Crofts William

Purchase Details

Closed on
Nov 1, 2006
Sold by
Parchman Armundo and Parchman Armando
Bought by
Home Servicing Llc
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
Malik Mazhar -- None Available
Luxe Properties Llc $90,000 Eagle Land Title
-- $32,500 --
Barrow Pete $32,500 Paramount Title Agency
Batzir Michael $32,500 Paramount Title Agency
Batzir Investments Llc -- --
Arei Indy Llc -- --
The Rental People Llc -- None Available
Crofts William -- Landmark Title Co Inc
Home Servicing Llc $38,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malik Mazhar $174,000
Previous Owner Luxe Properties Llc $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2017 04/10/17 Sold $32,500 -7.1% $27 / Sq Ft
01/31/2017 01/31/17 Pending -- -- --
01/20/2017 01/20/17 For Sale $34,995 +105.9% $29 / Sq Ft
06/29/2012 06/29/12 Sold $17,000 -71.2% $29 / Sq Ft
06/15/2012 06/15/12 Pending -- -- --
06/01/2012 06/01/12 For Sale $59,000 -- $101 / 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 $4,385 $198,000 $16,000 $182,000
2023 $4,385 $179,800 $16,000 $163,800
2022 $4,113 $169,200 $16,000 $153,200
2021 $3,069 $128,000 $16,000 $112,000
2020 $2,740 $113,400 $2,400 $111,000
2019 $3,243 $89,800 $2,400 $87,400
2018 $2,202 $87,800 $2,400 $85,400
2017 $1,897 $84,200 $2,400 $81,800
2016 $1,695 $76,400 $2,400 $74,000
2014 $1,552 $71,800 $2,400 $69,400
2013 $1,491 $71,700 $2,400 $69,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21461329

MIBOR Broker Listing Cooperative®

APN: 49-10-06-159-009.000-101