NOT LISTED FOR SALE

25 E Palmer St Indianapolis, IN 46225

Old Southside Neighborhood

Estimated Value: $204,000 - $255,000

3 Beds
-- Bath
1,432 Sq Ft
$163/Sq Ft Est. Value

Last Sold September 01, 2016

Last sale price $65,000 $45 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $1,481/month

11 Days on Market

About This Home

As of September 2016

TWO excellent units in an all-brick duplex. TWO entrances, TWO furnaces, TWO water heaters, TWO private covered front porches. Each unit contains family rooms and formal dining rooms with laminate flooring. Close to schools and shopping. (Ask your agent about seller's other properties available for purchase. Seller financing or land contract IS NOT available on this property.)

Last Agent to Sell the Property

Chris Parker

Listed on: 05/30/2016

Last Buyer's Agent

Denise Fisher

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,356

Year Built

  • Built in 1914

Lot Details

  • 5,401

Home Design

  • Brick Exterior Construction

Additional Features

  • 2-Story Property
  • 5,401 Sq Ft Lot

Community Details

  • J Franks South Meridian Addition Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for inshazard, insurance, no utilities
  • Assessor Parcel Number 491113108022000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,356

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Two Story
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1914
  • Lot Size Acres: 0.124
  • Subdivision Name: J FRANKS SOUTH MERIDIAN ADDITION
  • Inspection Warranties: Not Applicable
  • Property Description: TWO excellent units in an all-brick duplex. TWO entrances, TWO furnaces, TWO water heaters, TWO private covered front porches. Each unit contains family rooms and formal dining rooms with laminate flooring. Close to schools and shopping. (Ask your agent about seller's other properties available for purchase. Seller financing or land contract IS NOT available on this property.)
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: InsHazard, Insurance, No Utilities
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • List Price: 65000

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 1200

Lot Info

  • Parcel Number: 491113108022000101
  • Acres: <1/4 Acre
  • Lot Information: Busline,Sidewalks
  • Lot Number: 21
  • Lot Size: 5401

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: 1356
  • Semi Annual Property Tax Amt: 678
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2022
Sold by
Hannah Kelly
Bought by
Kelly Hannah and Kelly John-Thomas
Current Estimated Value
$232,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Outstanding Balance
$117,884
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$164,398

Purchase Details

Closed on
May 5, 2022
Sold by
Hannah Kelly
Bought by
Kelly Hannah and Kelly John-Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Outstanding Balance
$117,884
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$164,398

Purchase Details

Listed on
May 30, 2016
Closed on
Aug 30, 2016
Sold by
Jlh In In Ri 01 Llc
Bought by
Kelly Hannah
Seller's Agent
Chris Parker
Buyer's Agent
Denise Fisher
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.96%
Original Mortgage
$50,800
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2013
Sold by
Riley W A W and Riley A W
Bought by
Jlh In In R1 01 Llc

Purchase Details

Closed on
Dec 7, 2007
Sold by
Kelly Melissa M
Bought by
Riley W Aaron
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
Kelly Hannah -- New Title Company Name
Kelly Hannah -- New Title Company Name
Kelly Hannah -- Metropolitan Title Of In Llc
Jlh In In R1 01 Llc -- --
Riley W Aaron -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Hannah $123,000
Closed Kelly Hannah $123,000
Previous Owner Kelly Hannah $50,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2016 09/01/16 Sold $65,000 0.0% $45 / Sq Ft
06/11/2016 06/11/16 Pending -- -- --
05/30/2016 05/30/16 For Sale $65,000 -- $45 / 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 $2,285 $158,400 $10,800 $147,600
2023 $2,285 $150,000 $10,800 $139,200
2022 $2,673 $167,400 $9,200 $158,200
2021 $2,149 $137,400 $9,200 $128,200
2020 $1,942 $123,800 $9,200 $114,600
2019 $1,286 $77,700 $5,100 $72,600
2018 $1,280 $76,300 $5,100 $71,200
2017 $1,090 $72,300 $5,100 $67,200
2016 $996 $67,700 $5,100 $62,600
2014 $1,356 $62,700 $5,100 $57,600
2013 $1,284 $58,100 $5,100 $53,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Chris Parker

  • D

    Buyer's Agent in 2016

    Denise Fisher

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21420669

MIBOR Broker Listing Cooperative®

APN: 49-11-13-108-022.000-101

Indiana Marion County Indianapolis 46225 Old Southside

25 E Palmer St, Indianapolis, IN

This home is located at 25 E Palmer St, Indianapolis, IN 46225 since 30 May 2016 and is currently estimated at $232,966, approximately $162 per square foot. This property was built in 1914. 25 E Palmer St is a home located in Marion County with nearby schools including James A. Garfield School 31, George Washington Community High School (9-12), 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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