NOT LISTED FOR SALE

2437 Wade St Indianapolis, IN 46203

Near Southeast Neighborhood

Estimated Value: $154,000 - $173,000

2 Beds
-- Bath
800 Sq Ft
$204/Sq Ft Est. Value

Last Sold August 08, 2019

Last sale price $95,037 $119 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,105/month

5 Days on Market

About This Home

As of August 2019

LEASED INVESTMENT PROPERTY- Well maintained-each side 1 BR, Den/Office with back patio door, Front patio area, Kitchen, LR, 1 BA, gas/electric washer/dryer hookups, storage barn. Quiet dead end street. On bus line, close to interstate, convenient to downtown. Cozy back patio, small backyard, storage shed for each unit. 2437 has granite on master bath sink counter top, 2439 has solid surface on master bath counter top.

Last Agent to Sell the Property

Sherri Conkle

The Modglin Group License #RB14052022 Listed on: 07/03/2019

Last Buyer's Agent

Sam Kingdon

Fathom Realty

Fathom Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $994

Year Built

  • Built in 1959

Lot Details

  • 919

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Slab Foundation

Additional Features

  • Outdoor Storage
  • 919 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity, gas, insurance, sewer, all utilities, water
  • The owner pays for lawncare, taxes, trash collection
  • Assessor Parcel Number 491020147020000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$994

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1959
  • Lot Size Acres: 0.0211
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: LeadBasePaint
  • Property Description: LEASED INVESTMENT PROPERTY- Well maintained-each side 1 BR, Den/Office with back patio door, Front patio area, Kitchen, LR, 1 BA, gas/electric washer/dryer hookups, storage barn. Quiet dead end street. On bus line, close to interstate, convenient to downtown. Cozy back patio, small backyard, storage shed for each unit. 2437 has granite on master bath sink counter top, 2439 has solid surface on master bath counter top.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: Lawncare, Taxes, Trash Collection
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 1600
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Block
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel, Storage
  • Foundation Details: Slab
  • List Price: 85000
  • Construction Stage: Completed
  • Road Access: CityStreet
  • Interstate: Ramp1-3mi

Garage/Parking

  • Unit Parking: 2 Car Space,Unpaved

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 4200

Lot Info

  • Current Use: Apt>20
  • Parcel Number: 491020147020000101
  • Acres: <1/4 Acre
  • Lot Information: Access Street,Busline,Not In Subdivision,Tree Mature
  • Lot Number: 1099163
  • Lot Size: 919

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance, Sewer, All Utilities, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 994
  • Semi Annual Property Tax Amt: 497
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2019
Closed on
Aug 8, 2019
Sold by
Billings Brian Mitchell
Bought by
Kingdon Lisa Kathryn and Kingdon Sam
Seller's Agent
Sherri Conkle
The Modglin Group
Buyer's Agent
Sam Kingdon
Fathom Realty
List Price
$85,000
Sold Price
$95,037
Premium/Discount to List
$10,037
11.81%
Current Estimated Value
$163,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,463
Avg. Annual Appreciation
9.16%
Original Mortgage
$70,500
Outstanding Balance
$61,745
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$101,755

Purchase Details

Closed on
May 30, 2008
Sold by
Fannie Mae
Bought by
Billings Roger Lee and Roger Lee Billings Revocable Living Trus

Purchase Details

Closed on
Feb 28, 2008
Sold by
Musgrave Brian L and Musgrave Celeste
Bought by
Federal National Mortgage Association
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
Kingdon Lisa Kathryn $96,000 Security Title Services
Billings Roger Lee -- Title One
Federal National Mortgage Association $74,079 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kingdon Lisa Kathryn $70,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2019 08/08/19 Sold $95,037 +11.8% $119 / Sq Ft
07/09/2019 07/09/19 Pending -- -- --
07/03/2019 07/03/19 For Sale $85,000 -- $106 / 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 $2,858 $124,500 $13,900 $110,600
2023 $2,858 $127,500 $13,900 $113,600
2022 $2,937 $119,900 $13,900 $106,000
2021 $2,499 $103,800 $13,900 $89,900
2020 $2,312 $95,400 $13,900 $81,500
2019 $1,039 $65,300 $10,800 $54,500
2018 $994 $61,800 $10,800 $51,000
2017 $834 $57,800 $10,800 $47,000
2016 $772 $55,200 $10,800 $44,400
2014 $765 $57,800 $10,800 $47,000
2013 $812 $57,800 $10,800 $47,000
Source: Public Records

Agents Affiliated with this Home

  • Sherri Conkle

    Seller's Agent in 2019

    Sherri Conkle

    The Modglin Group

    (317) 730-5691

    1 in this area

    80 Total Sales

    Sherri Conkle
    Section Image

  • S

    Buyer's Agent in 2019

    Sam Kingdon

    Fathom Realty

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21652243

MIBOR Broker Listing Cooperative®

APN: 49-10-20-147-020.000-101

Indiana Marion County Indianapolis 46203 Near Southeast

2437 Wade St, Indianapolis, IN

This home is located at 2437 Wade St, Indianapolis, IN 46203 since 03 July 2019 and is currently estimated at $163,500, approximately $204 per square foot. This property was built in 1959. 2437 Wade St is a home located in Marion County with nearby schools including Eleanor Skillen School No. 34, Paul I. Miller School No. 114, and Ralph Waldo Emerson School 58.

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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