NOT LISTED FOR SALE

2425 Coyner Ave Indianapolis, IN 46218

Near Eastside Neighborhood

Estimated Value: $161,000 - $205,000

2 Beds
-- Bath
392 Sq Ft
$467/Sq Ft Est. Value

Last Sold September 05, 2014

Last sale price $9,000 $23 Per Sq Ft

Est. 1,933% increase in value since last sale

Current estimated payment $1,199/month

110 Days on Market

About This Home

As of September 2014

Bring your investors! Double should bring $1000+ monthly cash flow, or live in one side and rent the other. Needs renovation, but priced to reflect condition. Bring us an offer!

Last Agent to Sell the Property

Stephan Kline

Kline Properties, Inc. Listed on: 05/07/2014

Last Buyer's Agent

Darrell Powers

The Modglin Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 392 Sq Ft Home
  • 2-Story Property
  • Basement

Community Details

  • Spades Park Subdivision
  • No Laundry Facilities

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for ins hazard, insurance, no utilities, taxes
  • Tax Lot 85
  • Assessor Parcel Number 490732215005000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1912
  • Building Area Total: 588
  • Lot Size Acres: 0.15
  • Structure Type: Duplex
  • Subdivision Name: Spades Park
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: skline@klineproperties.com
  • Special Features: None

Interior Features

  • Levels: Basement, Two
  • Furnished: Unfurnished
  • Living Area: 392
  • Owner Pays: Ins Hazard, Insurance, No Utilities, Taxes
  • Upper Level Sq Ft: 392
  • SqFt Total: 588

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Utilities: Cable Available, Gas, Sewer Connected, Water Connected
  • Laundry Features: No Laundry Facil.
  • Solid Waste: Yes

Lot Info

  • Lot Features: Other
  • Additional Parcels: No
  • Parcel Number: 490732215005000101

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Net Operating Income: 10080

Tax Info

  • Tax Annual Amount: 1122
  • Tax Lot: 85
  • Semi Annual Property Tax Amt: 561
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2014
Closed on
Sep 11, 2014
Sold by
Vantage Retirement Plans Llc
Bought by
Flores Carolina
Seller's Agent
Stephan Kline
Kline Properties, Inc.
Buyer's Agent
Darrell Powers
The Modglin Group
List Price
$25,000
Sold Price
$9,000
Premium/Discount to List
-$16,000
-64%
Current Estimated Value
$183,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,000
Avg. Annual Appreciation
29.86%

Purchase Details

Closed on
Oct 19, 2011
Sold by
Marquis Properties Llc
Bought by
Entrust Arizona Llc and Thomas Thatcher Ira #17-14841

Purchase Details

Closed on
Sep 7, 2011
Sold by
Traore Patrice
Bought by
Marquis Properties Llc

Purchase Details

Closed on
Mar 8, 2008
Sold by
Deutsche Bank Trust Company Americas
Bought by
Traore Patrice

Purchase Details

Closed on
Sep 5, 2007
Sold by
Williams Cheau E
Bought by
Deutsche Bank Trust

Purchase Details

Closed on
Aug 16, 2006
Sold by
Johnson Ryan S
Bought by
Williams Cheau E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,200
Interest Rate
8.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 13, 2004
Sold by
Af Properties Llc
Bought by
Johnson Ryan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,500
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Flores Carolina -- None Available
Entrust Arizona Llc $50,000 None Available
Marquis Properties Llc -- Chicago Title
Traore Patrice -- None Available
Deutsche Bank Trust $85,575 None Available
Williams Cheau E -- None Available
Johnson Ryan S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Cheau E $97,200
Previous Owner Johnson Ryan S $27,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2014 09/05/14 Sold $9,000 -64.0% $23 / Sq Ft
08/26/2014 08/26/14 Pending -- -- --
05/07/2014 05/07/14 For Sale $25,000 -- $64 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $2,966 $134,000 $6,000 $128,000
2023 $2,966 $120,000 $6,000 $114,000
2022 $2,951 $120,000 $6,000 $114,000
2021 $2,446 $101,000 $6,000 $95,000
2020 $418 $13,100 $3,100 $10,000
2019 $394 $11,900 $3,100 $8,800
2018 $366 $10,700 $3,100 $7,600
2017 $332 $10,500 $3,100 $7,400
2016 $1,252 $55,100 $3,100 $52,000
2014 $1,079 $49,900 $3,100 $46,800
2013 $1,037 $49,900 $3,100 $46,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Stephan Kline

    Kline Properties, Inc.

    Section Image

  • D

    Buyer's Agent in 2014

    Darrell Powers

    The Modglin Group

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21290197

MIBOR Broker Listing Cooperative®

APN: 49-07-32-215-005.000-101

Indiana Marion County Indianapolis 46218 Near Eastside

2425 Coyner Ave, Indianapolis, IN

Not Listed for Sale

MultiFamily

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.
Based on information submitted to the MLS GRID

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