NOT LISTED FOR SALE

Estimated Value: $114,000 - $156,931

2 Beds
-- Bath
720 Sq Ft
$190/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $140,000 $194 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $916/month

6 Days on Market

About This Home

As of May 2024

Fantastic Investment Opportunity to live out of one side and house hack or rent out vacant side to start investing or add to your current rental portfolio. This Duplex is solid with 1 bed/1 bath on each side and a nice open layout. Luxury vinyl plank flooring throughout, vinyl windows, fridge and stove in the Kitchen making it a great starter investment option. Convenient to the expressway for easy access to downtown amenities and a 5 minute walk to Bus Stops on Line 5 or Line 26.

Last Agent to Sell the Property

Katie Malott

Berkshire Hathaway Home Brokerage Email: kmalott@bhhsin.com License #RB14048116 Listed on: 03/28/2024

Berkshire Hathaway Home

Co-Listed By

Ashley Marino

Berkshire Hathaway Home Brokerage Email: kmalott@bhhsin.com License #RB21000278

Last Buyer's Agent

Deborah Argenta

Keller Williams Indpls Metro N License #RB14049836

Keller Williams Indpls Metro N

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Bungalow

Interior Spaces

  • 1-Story Property
  • Crawl Space

Community Details

  • Elmwood Subdivision

Listing and Financial Details

  • Tenant pays for lawncare
  • The owner pays for trash collection, water
  • Legal Lot and Block 10 / B2
  • Assessor Parcel Number 490729151043000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,800

Year Built

Built in 1957 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1957
  • Co List Office Phone: 317-595-2100
  • Lot Size Acres: 0.12
  • Structure Type: Duplex
  • Subdivision Name: Elmwood
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 70000
  • MBR_AttributionContact: kmalott@bhhsin.com
  • Attribution Contact: kmalott@bhhsin.com
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: Trash Collection, Water
  • Gross Area Sq Ft: 1440
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Construction Materials: Block
  • Direction Faces: East
  • Foundation Details: Crawl Space
  • List Price: 120000
  • Property Condition: Updated/Remodeled
  • View Y N: No
  • Waterfront: No
  • Road Access: Access Rd

Garage/Parking

  • Parking Features: Street Only
  • Unit Parking: On Street

Utilities

  • Laundry Features: Other
  • Solid Waste: No

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Not Applicable
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 5227
  • Parcel Number: 490729151043000101
  • Acres: <1/4 Acre
  • Price Acre: 1166667

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Lawncare

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1800
  • Tax Block: B2
  • Tax Lot: 10
  • Semi Annual Property Tax Amt: 900
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2024
Closed on
May 10, 2024
Sold by
Az Redler Investments Llc
Bought by
Davies Logan B
Seller's Agent
Katie Malott
Berkshire Hathaway Home
Buyer's Agent
Deborah Argenta
Keller Williams Indpls Metro N
List Price
$120,000
Sold Price
$140,000
Premium/Discount to List
$20,000
16.67%
Views
80
Current Estimated Value
$136,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,229
Avg. Annual Appreciation
-1.86%
Original Mortgage
$4,900
Outstanding Balance
$3,199
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$133,572

Purchase Details

Listed on
Jun 17, 2022
Closed on
Jul 29, 2022
Sold by
Freedom Properties Indiana Llc
Bought by
Az Redler Investments Llc
Seller's Agent
Maxwell Richter
Wilmoth Group
Buyer's Agent
Charlene Gaard
No Limit Real Estate, LLC
List Price
$110,000
Sold Price
$90,000
Premium/Discount to List
-$20,000
-18.18%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.17%

Purchase Details

Listed on
Oct 5, 2020
Closed on
Feb 22, 2021
Sold by
Mihaljevich Jeffrey Thomas
Bought by
Freedom Properties Indiana Llc
Seller's Agent
Sterling Davis
Ethosity Property Management G
Buyer's Agent
Sterling Davis
Ethosity Property Management G
List Price
$85,000
Sold Price
$70,000
Premium/Discount to List
-$15,000
-17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.37%
Original Mortgage
$52,500
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 5, 2020
Closed on
Feb 5, 2021
Sold by
Olvera William S and Olvera Teresa A
Bought by
Mihaljevich Jeffrey Thomas
Seller's Agent
Sterling Davis
Ethosity Property Management G
Buyer's Agent
Sterling Davis
Ethosity Property Management G
List Price
$85,000
Sold Price
$70,000
Premium/Discount to List
-$15,000
-17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 19, 2017
Closed on
Oct 3, 2017
Bought by
William S
Seller's Agent
Jaren Barnes
Buyer's Agent
Ronnie Reese
Red Bridge Real Estate
List Price
$21,250
Sold Price
$15,000
Premium/Discount to List
-$6,250
-29.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.68%

Purchase Details

Listed on
Jul 19, 2017
Closed on
Aug 18, 2017
Seller's Agent
Jaren Barnes
Buyer's Agent
Ronnie Reese
Red Bridge Real Estate
List Price
$21,250
Sold Price
$15,000
Premium/Discount to List
-$6,250
-29.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,300
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 19, 2017
Closed on
Jun 23, 2017
Sold by
Underwood Glenn L
Bought by
Indiana Luxury Homes Inc
Seller's Agent
Jaren Barnes
Buyer's Agent
Ronnie Reese
Red Bridge Real Estate
List Price
$21,250
Sold Price
$15,000
Premium/Discount to List
-$6,250
-29.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,300
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2013
Sold by
Marion County Auditor
Bought by
Marion County
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
Davies Logan B $140,000 --
Az Redler Investments Llc $90,000 Mccollister Adrienne
Freedom Properties Indiana Llc -- Investors Title
Mihaljevich Jeffrey Thomas $70,000 None Available
William S $55,500 --
Olvera William S $55,500 Paramount Title Agency
Oceanpointe Holdings Llc $55,500 Paramount Title Agency
-- $20,000 --
-- $15,000 --
Oceanpointe Investments Ltd $15,000 Paramount Title Agency
Indianapolis Housing Partners Llc $15,000 Paramount Title Agency
Indiana Luxury Homes Inc -- --
Marion County $3,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davies Logan B $4,900
Open Davies Logan B $137,464
Previous Owner Mihaljevich Jeffrey Thomas $52,500
Previous Owner Indiana Luxury Homes Inc $194,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $140,000 +16.7% $194 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
03/28/2024 03/28/24 For Sale $120,000 +33.3% $167 / Sq Ft
08/01/2022 08/01/22 Sold $90,000 -10.0% $125 / Sq Ft
06/30/2022 06/30/22 Pending -- -- --
06/23/2022 06/23/22 Price Changed $100,000 -9.1% $139 / Sq Ft
06/17/2022 06/17/22 For Sale $110,000 +57.1% $153 / Sq Ft
02/03/2021 02/03/21 Sold $70,000 -6.5% $97 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
12/07/2020 12/07/20 Price Changed $74,900 -3.9% $104 / Sq Ft
11/10/2020 11/10/20 Price Changed $77,900 -2.5% $108 / Sq Ft
10/13/2020 10/13/20 Price Changed $79,900 -6.0% $111 / Sq Ft
10/05/2020 10/05/20 For Sale $85,000 +466.7% $118 / Sq Ft
08/14/2017 08/14/17 Sold $15,000 -29.4% $21 / Sq Ft
07/19/2017 07/19/17 For Sale $21,250 -- $30 / 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 $1,998 $81,300 $6,500 $74,800
2023 $1,998 $81,300 $6,500 $74,800
2022 $1,867 $76,200 $6,500 $69,700
2021 $847 $33,800 $6,500 $27,300
2020 $702 $27,500 $2,900 $24,600
2019 $657 $25,100 $2,900 $22,200
2018 $2,265 $23,300 $2,900 $20,400
2017 $202 $6,600 $2,900 $3,700
2016 $198 $6,600 $2,900 $3,700
2014 $138 $6,400 $2,900 $3,500
2013 $158 $6,400 $2,900 $3,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21970244

MIBOR Broker Listing Cooperative®

APN: 49-07-29-151-043.000-101