NOT LISTED FOR SALE

2438 E Washington St Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $381,410 - $384,000

1 Bed
-- Bath
-- Sq Ft
6,534 Sq Ft Lot

Last Sold November 04, 2022

Last sale price $340,000

Est. 13% increase in value since last sale

Current estimated payment $2,503/month

49 Days on Market

About This Home

As of November 2022

Four streams of income right in the line of development between Near East downtown build-up and Irvington (!!!) This aesthetically tasteful Englewood Quad is fully leased out and bringing in $3085 / month total with potential for rents to rise a lot in this quickly re-developing neighborhood. A lot of updates have been done in 2020 on all units: Windows, Exterior Paint, Landscaping, New A/C, Repaired Floor Joists, tons of interior updates (carpet, doors, electrical, appliances, fixtures), and Roof tune-up. Long term rent potential or convert it to an Short-term rental minutes from downtown? Tons of potential!

Last Agent to Sell the Property

Tyler Lingle

@properties Listed on: 08/18/2022

@properties

Last Buyer's Agent

Kenneth Hall

JUST LIV, LLC

JUST LIV, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,164

Year Built

  • Built in 1900

Lot Details

  • 6,534

Home Design

  • Traditional Architecture
  • Aluminum Siding

Additional Features

  • 2-Story Property
  • 6,534 Sq Ft Lot
  • Basement

Community Details

  • A M Ogle Et Al East Park Subdivision

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for all utilities
  • Assessor Parcel Number MAD1016279

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,164

Year Built

Built in 1900

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1900
  • Lot Size Acres: 0.15
  • Structure Type: Quadruplex
  • Subdivision Name: A M OGLE ET AL EAST PARK
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Unit Count: 4
  • Conversion: 0
  • MBR_AttributionContact: tlingle@atpropertiesind.com
  • Special Features: None

Interior Features

  • Levels: Two, Basement
  • Owner Pays: All Utilities
  • Sq Ft Main Upper: 0
  • Laundry: NoLaundry

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: Parking Lot

Utilities

  • Solid Waste: 1

Lot Info

  • Parcel Number: MAD1016279
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street
  • Lot Number: 351
  • Lot Size: 47x140

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV

Tax Info

  • Tax Annual Amount: 2164
  • Semi Annual Property Tax Amt: 1082
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2022
Closed on
Nov 7, 2022
Sold by
Terra Capital Llc
Bought by
Brown Aaron
Seller's Agent
Tyler Lingle
@properties
Buyer's Agent
Kenneth Hall
JUST LIV, LLC
List Price
$349,900
Sold Price
$340,000
Premium/Discount to List
-$9,900
-2.83%
Views
33
Current Estimated Value
$382,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,705
Avg. Annual Appreciation
3.66%
Original Mortgage
$255,000
Outstanding Balance
$245,978
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$136,727

Purchase Details

Closed on
Nov 9, 2020
Sold by
Dominguez Luis A
Bought by
Terra Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,937
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2006
Sold by
Dominguez Luis and Dominguez Lisa K
Bought by
Dominguez Luis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.33%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brown Aaron $340,000 Eagle Land Title
Terra Capital Llc $110,000 Eagle Land Title
Dominguez Luis A -- None Available
Dominguez Luis -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Aaron $255,000
Previous Owner Terra Capital Llc $243,937
Previous Owner Dominguez Luis $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2022 11/04/22 Sold $340,000 -2.8% --
10/06/2022 10/06/22 Pending -- -- --
09/30/2022 09/30/22 For Sale $349,900 0.0% --
09/01/2022 09/01/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $349,900 0.0% --
08/23/2022 08/23/22 Pending -- -- --
08/18/2022 08/18/22 For Sale $349,900 -- --
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 $6,374 $430,400 $9,100 $421,300
2023 $6,374 $259,400 $4,600 $254,800
2022 $2,716 $203,300 $4,600 $198,700
2021 $2,379 $93,800 $4,100 $89,700
2020 $2,384 $93,800 $4,100 $89,700
2019 $2,331 $89,900 $4,100 $85,800
2018 $2,348 $89,900 $4,100 $85,800
2017 $2,040 $86,500 $4,100 $82,400
2016 $1,885 $81,100 $4,100 $77,000
2014 $1,745 $80,700 $4,100 $76,600
2013 $1,801 $80,700 $4,100 $76,600
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Tyler Lingle

    @properties

    Section Image

  • K

    Buyer's Agent in 2022

    Kenneth Hall

    JUST LIV, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21876341

MIBOR Broker Listing Cooperative®

APN: 49-10-05-209-149.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

2438 E Washington St, 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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