2522 E 16th St Indianapolis, IN 46201
Near Eastside Neighborhood
--
Bed
--
Bath
624
Sq Ft
4,487
Sq Ft Lot
About This Home
As of April 2025Wow, check out this income producing home and then take a look at some of the revitalized neighborhood comps! The home sits on top of a hill looking over beautiful homes and with off street parking. This is an affordable investment property in an area where there has been a ton of recent investment, leaving a lot of room for someone to generate some sweat equity. As the seller, we can offer land contract with 20% down for qualified buyers. Possible package with MLS #21967939
Last Agent to Sell the Property
Wynkoop Brokerage Firm, LLC Brokerage Email: Scott@IndianaREO.com License #RB14037140 Listed on: 03/11/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,926
Year Built
- Built in 1922
Home Design
- Duplex
Additional Features
- 1-Story Property
- 4,487 Sq Ft Lot
- Basement
Listing and Financial Details
- Tax Lot 1013010
- Assessor Parcel Number 490732208008000101
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 29, 2025
Sold by
Hoosier Easy Construction Mf Llc
Bought by
Redwood Capital Investments Midwest Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Outstanding Balance
$146,839
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
-$16,493
Purchase Details
Closed on
Jan 3, 2024
Sold by
Auditor Of Marion County
Bought by
Jl Capital Holdings Lllc
Purchase Details
Closed on
Oct 29, 2015
Sold by
Upper Class Homes Llc
Bought by
Jl Capital Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,037,500
Interest Rate
3.82%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Mar 22, 2013
Sold by
Marion County Auditor
Bought by
Marion County
Purchase Details
Closed on
Apr 4, 2005
Sold by
Dixon Earl
Bought by
Gibson Stephanie M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,200
Interest Rate
9.85%
Mortgage Type
Adjustable Rate Mortgage/ARM
Similar Homes in Indianapolis, IN
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $26,786 | None Listed On Document | |
| Warranty Deed | -- | Mtc | |
| Quit Claim Deed | $2,500 | -- | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $147,200 | New Conventional | |
| Previous Owner | $2,000,000 | Seller Take Back | |
| Previous Owner | $4,037,500 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $34,200 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2025 04/15/25 | Sold | $184,000 | -3.2% | $295 / Sq Ft |
| 01/13/2025 01/13/25 | Pending | -- | -- | -- |
| 01/08/2025 01/08/25 | For Sale | $190,000 | +130.3% | $304 / Sq Ft |
| 09/24/2024 09/24/24 | Sold | $82,500 | -7.2% | $132 / Sq Ft |
| 09/16/2024 09/16/24 | Pending | -- | -- | -- |
| 09/03/2024 09/03/24 | Price Changed | $88,900 | -1.2% | $142 / Sq Ft |
| 08/13/2024 08/13/24 | Price Changed | $90,000 | -1.6% | $144 / Sq Ft |
| 08/06/2024 08/06/24 | Price Changed | $91,500 | -1.1% | $147 / Sq Ft |
| 07/31/2024 07/31/24 | Price Changed | $92,500 | -2.6% | $148 / Sq Ft |
| 07/05/2024 07/05/24 | Price Changed | $95,000 | -2.8% | $152 / Sq Ft |
| 06/28/2024 06/28/24 | Price Changed | $97,750 | -0.3% | $157 / Sq Ft |
| 06/24/2024 06/24/24 | Price Changed | $98,000 | -0.5% | $157 / Sq Ft |
| 06/11/2024 06/11/24 | Price Changed | $98,456 | 0.0% | $158 / Sq Ft |
| 06/03/2024 06/03/24 | Price Changed | $98,500 | -1.3% | $158 / Sq Ft |
| 05/24/2024 05/24/24 | Price Changed | $99,750 | -0.2% | $160 / Sq Ft |
| 05/14/2024 05/14/24 | Price Changed | $99,999 | 0.0% | $160 / Sq Ft |
| 04/29/2024 04/29/24 | Price Changed | $100,000 | -0.5% | $160 / Sq Ft |
| 04/24/2024 04/24/24 | Price Changed | $100,500 | -1.5% | $161 / Sq Ft |
| 04/19/2024 04/19/24 | Price Changed | $102,000 | -2.9% | $163 / Sq Ft |
| 04/02/2024 04/02/24 | Price Changed | $105,000 | -2.8% | $168 / Sq Ft |
| 03/26/2024 03/26/24 | Price Changed | $108,000 | -0.9% | $173 / Sq Ft |
| 03/14/2024 03/14/24 | Price Changed | $109,000 | -0.9% | $175 / Sq Ft |
| 03/11/2024 03/11/24 | For Sale | $110,000 | -- | $176 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $3,485 | $110,900 | $5,300 | $105,600 |
| 2023 | $3,485 | $99,300 | $5,300 | $94,000 |
| 2022 | $2,462 | $99,300 | $5,300 | $94,000 |
| 2021 | $2,042 | $83,500 | $5,300 | $78,200 |
| 2020 | $5,413 | $76,800 | $2,600 | $74,200 |
| 2019 | $1,704 | $67,400 | $2,600 | $64,800 |
| 2018 | $1,891 | $59,400 | $2,600 | $56,800 |
| 2017 | $3,235 | $57,600 | $2,600 | $55,000 |
| 2016 | $1,627 | $55,600 | $2,600 | $53,000 |
| 2014 | $1,085 | $50,200 | $2,600 | $47,600 |
| 2013 | -- | $50,100 | $2,600 | $47,500 |
Source: Public Records
Agents Affiliated with this Home
-
Non-BLC Member
N
Seller's Agent in 2025
Non-BLC Member
MIBOR REALTOR® Association
-
Max Moore
M
Buyer's Agent in 2025
Max Moore
@properties
(317) 476-3338
18 in this area
78 Total Sales
-
Scott Wynkoop
Seller's Agent in 2024
Scott Wynkoop
Wynkoop Brokerage Firm, LLC
(317) 590-5032
18 in this area
273 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21967946
APN: 49-07-32-208-008.000-101
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