NOT LISTED FOR SALE

2406 N Talbott St Indianapolis, IN 46205

Near Northside Neighborhood

Estimated Value: $305,000 - $819,915

4 Beds
4 Baths
680 Sq Ft
$858/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $185,000 $272 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $3,729/month

8 Days on Market

About This Home

As of May 2023

The true definition of OPPORTUNITY! Tons of options with this Fall Creek Place duplex. Home is in need of a total rehab. Cash or hard money offers only- proof of funds required with all offers! This is the duplex only, no additional lots included. The North unit has some foundation issues as shown in pictures. NO WHOLESALE OFFERS. Seller to choose title company. (Eagle Land Title)

Last Agent to Sell the Property

Stacy Patlan

Zuluscape License #RB18000708 Listed on: 05/04/2023

Last Buyer's Agent

CHRISTOPHER BOTTORFF

Brick Street Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,606

Year Built

  • Built in 1920

Lot Details

  • 5,459 Sq Ft Lot

Home Design

  • Duplex
  • Fixer Upper

Community Details

  • Martindales Lincoln Park Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 490625133062000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,606

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1920
  • Lot Size Acres: 0.12
  • Structure Type: Duplex
  • Subdivision Name: Martindales Lincoln Park
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: stacy@indypropertiesrus.com
  • Special Features: None

Interior Features

  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 220000
  • Property Condition: Fixer
  • Road Access: Frontage Road

Utilities

  • Solid Waste: No

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 5459
  • Parcel Number: 490625133062000101
  • Zoning: Residential
  • Acres: <1/4 Acre
  • Price Acre: 1541666.66666667

Green Features

  • Green Certification Y N: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4606
  • Tax Lot: 2
  • Semi Annual Property Tax Amt: 2303
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2024
Sold by
Gem Homes Llc
Bought by
Ziemer Karl
Current Estimated Value
$583,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Outstanding Balance
$427,975
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$151,508

Purchase Details

Closed on
Oct 20, 2023
Sold by
Indy Properties R Us Llc
Bought by
Gem Homes Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
7.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2023
Closed on
May 24, 2023
Sold by
Indy Properties R Us Llc
Bought by
Rosecroft Real Estate Llc
Seller's Agent
Stacy Patlan
Zuluscape
Buyer's Agent
CHRISTOPHER BOTTORFF
Brick Street Real Estate LLC
List Price
$220,000
Sold Price
$185,000
Premium/Discount to List
-$35,000
-15.91%
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.73%
Original Mortgage
$285,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2023
Closed on
May 18, 2023
Sold by
Indy Properties R Us Llc
Bought by
Mclaughlin Tracy and Mclaughlin Aaron
Seller's Agent
Stacy Patlan
Zuluscape
Buyer's Agent
CHRISTOPHER BOTTORFF
Brick Street Real Estate LLC
List Price
$220,000
Sold Price
$185,000
Premium/Discount to List
-$35,000
-15.91%
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2023
Closed on
Apr 13, 2023
Sold by
Scruggs Mary F
Bought by
Indy Properties R Us Llc
Seller's Agent
Stacy Patlan
Zuluscape
Buyer's Agent
CHRISTOPHER BOTTORFF
Brick Street Real Estate LLC
List Price
$220,000
Sold Price
$185,000
Premium/Discount to List
-$35,000
-15.91%
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2020
Sold by
Scruggs Teresa
Bought by
Scruggs Teresa

Purchase Details

Closed on
Jan 21, 2005
Sold by
Scruggs Mary F
Bought by
Scruggs Percy and Scruggs Mary F
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
Ziemer Karl $782,000 Foundation Title
Gem Homes Corporation $128,000 Foundation Title
Rosecroft Real Estate Llc $195,000 Eagle Land Title
Mclaughlin Tracy $195,000 Eagle Land Title
Indy Properties R Us Llc -- None Listed On Document
Scruggs Teresa -- None Available
Scruggs Percy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ziemer Karl $432,000
Previous Owner Rosecroft Real Estate Llc $268,000
Previous Owner Rosecroft Real Estate Llc $285,000
Previous Owner Indy Properties R Us Llc $257,500
Previous Owner Scruggs Teresa $35,000
Previous Owner Scruggs Mary F $7,710
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $185,000 -15.9% $272 / Sq Ft
05/13/2023 05/13/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $220,000 -- $324 / 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 $6,610 $77,400 $66,300 $11,100
2023 $6,610 $272,000 $137,800 $134,200
2022 $6,169 $263,800 $137,800 $126,000
2021 $4,757 $199,600 $76,200 $123,400
2020 $2,572 $192,800 $76,200 $116,600
2019 $2,503 $186,800 $76,200 $110,600
2018 $2,429 $181,800 $76,200 $105,600
2017 $2,220 $177,200 $76,200 $101,000
2016 $2,130 $173,000 $76,200 $96,800
2014 $1,994 $165,200 $76,200 $89,000
2013 $2,174 $165,200 $76,200 $89,000
Source: Public Records

Agents Affiliated with this Home

  • Stacy Patlan

    Seller's Agent in 2023

    Stacy Patlan

    Zuluscape

    (765) 969-6066

    3 in this area

    86 Total Sales

    Stacy Patlan
    Section Image

  • C

    Buyer's Agent in 2023

    CHRISTOPHER BOTTORFF

    Brick Street Real Estate LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21919225

MIBOR Broker Listing Cooperative®

APN: 49-06-25-133-062.000-101

Indiana Marion County Indianapolis 46205 Near Northside

2406 N Talbott St, Indianapolis, IN

This home is located at 2406 N Talbott St, Indianapolis, IN 46205 since 04 May 2023 and is currently estimated at $583,229, approximately $857 per square foot. This property was built in 1920. 2406 N Talbott St 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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