NOT LISTED FOR SALE

2512 E 17th St Indianapolis, IN 46218

Near Eastside Neighborhood

Estimated Value: $189,000 - $240,000

4 Beds
-- Bath
1,077 Sq Ft
$199/Sq Ft Est. Value

Last Sold July 18, 2017

Last sale price $45,000 $42 Per Sq Ft

Est. 377% increase in value since last sale

Current estimated payment $1,409/month

101 Days on Market

About This Home

As of July 2017

Motivated seller!!! Newly remodeled income producing multi family duplex in a great location. It features 2 stories with large bedrooms and living areas. This property has 2 bed rooms 1 bath on each side. One unit is currently rented at $600.00 per month. The vacant unit is rent ready and available for placement. Tenant rights and long term leases in place. Roof less than 2 year old. Freshly painted with all mechanics in working order. Buy this property today and see a return tomorrow.

Last Agent to Sell the Property

Roger Jackson

Real Estate Investment Venture License #RB14042558 Listed on: 03/17/2017

Last Buyer's Agent

Justin Capps

Ferris Property Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 5,706

Home Design

  • A-Frame Home
  • Aluminum Siding

Additional Features

  • 2-Story Property
  • 5,706 Sq Ft Lot

Community Details

  • Whitcomb Place Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, all utilities, water
  • The owner pays for taxes
  • Assessor Parcel Number 490732119045.000-101

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: A-Frame
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1920
  • Lot Size Acres: 0.131
  • Subdivision Name: WHITCOMB PLACE
  • Inspection Warranties: Not Applicable
  • Property Description: Motivated seller!!! Newly remodeled income producing multi family duplex in a great location. It features 2 stories with large bedrooms and living areas. This property has 2 bed rooms 1 bath on each side. One unit is currently rented at $600.00 per month. The vacant unit is rent ready and available for placement. Tenant rights and long term leases in place. Roof less than 2 year old. Freshly painted with all mechanics in working order. Buy this property today and see a return tomorrow.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • List Price: 49900

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 1000

Lot Info

  • Parcel Number: 490732119045.000-101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Busline,Street Lights
  • Lot Number: 37
  • Lot Size: 5706

Green Features

  • Green Certification Y N: 0

Rental Info

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

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1624
  • Semi Annual Property Tax Amt: 812
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2017
Closed on
Jul 18, 2017
Bought by
Gakhar Sorabh and Gakhar Neetu
Seller's Agent
Roger Jackson
Real Estate Investment Venture
Buyer's Agent
Justin Capps
Ferris Property Group
List Price
$54,990
Sold Price
$45,000
Premium/Discount to List
-$9,990
-18.17%
Current Estimated Value
$214,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,500
Avg. Annual Appreciation
20.81%

Purchase Details

Closed on
Jul 11, 2014
Sold by
Marion County
Bought by
Hubb Investment Group

Purchase Details

Closed on
Jul 10, 2014
Sold by
Girard Eric M
Bought by
County Of Marion

Purchase Details

Closed on
May 12, 2009
Sold by
Nunas Lugra Deuata Real Estate Investmen
Bought by
Girard Eric M

Purchase Details

Closed on
Jan 29, 2008
Sold by
Kaylin N Kompany
Bought by
Nunas Lugra Deuata Real Estate Investmen

Purchase Details

Closed on
Jan 15, 2008
Sold by
Bank Of New York
Bought by
Kaylin N Kompany Llc

Purchase Details

Closed on
Aug 31, 2007
Sold by
Wood Roger D and Jpmorgan Chase Bank Na
Bought by
Bank Of New York

Purchase Details

Closed on
Aug 17, 2006
Sold by
Haigerty John K
Bought by
Wood Roger D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
7.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gakhar Sorabh $45,000 --
Gakhar Sorabh $45,000 Best Title Services
Hubb Investment Group $8,000 --
Hubb Investment Group $8,000 None Available
County Of Marion $6,344 None Available
Girard Eric M -- First Title Of Indiana Inc
Nunas Lugra Deuata Real Estate Investmen -- None Available
Kaylin N Kompany Llc -- None Available
Bank Of New York $49,500 None Available
Wood Roger D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wood Roger D $80,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2017 07/18/17 Sold $45,000 -9.8% $42 / Sq Ft
06/27/2017 06/27/17 Pending -- -- --
06/09/2017 06/09/17 Price Changed $49,900 -9.1% $46 / Sq Ft
06/07/2017 06/07/17 Price Changed $54,900 -0.2% $51 / Sq Ft
06/07/2017 06/07/17 For Sale $54,990 0.0% $51 / Sq Ft
04/19/2017 04/19/17 Pending -- -- --
04/15/2017 04/15/17 Price Changed $54,990 -8.3% $51 / Sq Ft
04/08/2017 04/08/17 Price Changed $59,990 -7.7% $56 / Sq Ft
03/27/2017 03/27/17 Price Changed $65,000 -13.3% $60 / Sq Ft
03/18/2017 03/18/17 For Sale $75,000 +66.7% $70 / Sq Ft
03/17/2017 03/17/17 Off Market $45,000 -- --
03/17/2017 03/17/17 For Sale $75,000 -- $70 / 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 $3,408 $155,800 $6,200 $149,600
2023 $3,408 $139,400 $6,200 $133,200
2022 $3,391 $139,400 $6,200 $133,200
2021 $2,793 $116,800 $6,200 $110,600
2020 $2,606 $108,300 $3,300 $105,000
2019 $2,342 $95,100 $3,300 $91,800
2018 $2,089 $83,700 $3,300 $80,400
2017 $1,820 $81,300 $3,300 $78,000
2016 $1,693 $78,400 $3,300 $75,100
2014 $1,478 $71,100 $3,300 $67,800
2013 $1,478 $71,100 $3,300 $67,800
Source: Public Records

Agents Affiliated with this Home

  • Roger Jackson

    Seller's Agent in 2017

    Roger Jackson

    Real Estate Investment Venture

    (317) 250-6649

    8 in this area

    72 Total Sales

    Roger Jackson
    Section Image

  • J

    Buyer's Agent in 2017

    Justin Capps

    Ferris Property Group

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21472175

MIBOR Broker Listing Cooperative®

APN: 49-07-32-119-045.000-101

Indiana Marion County Indianapolis 46218 Near Eastside

2512 E 17th St, Indianapolis, IN

This home is located at 2512 E 17th St, Indianapolis, IN 46218 since 17 March 2017 and is currently estimated at $214,500, approximately $199 per square foot. This property was built in 1920. 2512 E 17th St is a home located in Marion County with nearby schools including Thomas D. Gregg School No. 15, Washington Irving School 14, and Brookside School 54.

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.

Nearby Homes