NOT LISTED FOR SALE

Estimated Value: $501,000

4 Beds
-- Bath
2,760 Sq Ft
$182/Sq Ft Est. Value

Sale Details

Date Sold: June 14, 2024

Last sale price $490,000 $178 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,172 / mo

1 Day on Market

About This Home

As of June 2024

Unlock the ultimate investment opportunity with this updated 4-unit property, strategically located just minutes away from downtown Indy. Offering the perfect scenario for savvy buyers interested in house hacking or exploring Airbnb hosting, this property combines prime location with income-generating potential. Live comfortably in one unit while virtually eliminating your housing expenses by renting out the remaining three units. Unit A is currently occupied at $1,200 per month, Unit B commands $1,100 per month in rent, while Unit C, currently vacant, is being marketed at $1,200 per month, with multiple applicants eagerly awaiting approval. Similarly, Unit D, also vacant, is being marketed at $800 per month, with several prospective tenants vying for occupancy. With current market rents on the rise, seize the opportunity to generate substantial monthly income while simultaneously building equity in a sought-after neighborhood. Each unit has been meticulously updated, ensuring hassle-free living for tenants and effortless management for landlords. Delve into the attached list outlining the recent enhancements and comprehensive details on each unit, showcasing the value and investment potential this property holds. With a proven track record as a solid rental property, this is a rare opportunity to embrace the concept of house hacking or capitalize on the lucrative Airbnb market. Don't miss out on this chance to turn your homeownership dreams into reality while paving the way to financial independence.

Last Agent to Sell the Property

Bryce Higgins

eXp Realty, LLC Brokerage Email: bryce@homewithhiggins.com License #RB14048974 Listed on: 05/09/2024

eXp Realty, LLC

Last Buyer's Agent

Bailey Braunecker

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,012

Year Built

  • Built in 1910 | Remodeled

Lot Details

  • 5,945

Parking

  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 2-Story Property
  • Basement
  • Basement Cellar

Additional Features

  • 5,945 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • S M Houstons Sub May Wasson & Cos Highland Park Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 491005109012000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,012

Year Built

Built in 1910 | Remodeled

Lot Details

5,945 Sq Ft Lot

Parking

4

Listing Details

  • Property Sub Type: Fourplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1910
  • Lot Size Acres: 0.14
  • Structure Type: Quadruplex
  • Subdivision Name: S M Houstons Sub May Wasson & Cos Highland Park
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: bryce@homewithhiggins.com
  • Attribution Contact: bryce@homewithhiggins.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Cellar
  • Levels: Two
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Property Condition: Updated/Remodeled
  • Road Access: Not Applic

Garage/Parking

  • Garage Spaces: 4
  • Unit Parking: Parking Lot

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air
  • Solid Waste: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 5945
  • Parcel Number: 491005109012000101
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3012
  • Tax Lot: 5
  • Semi Annual Property Tax Amt: 1506

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2026
Sold by
Jimmy Nguyen
Bought by
Nguyen Jimmy
Current Estimated Value
$501,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Outstanding Balance
$367,500
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$133,500

Purchase Details

Listed on
May 9, 2024
Closed on
Jun 17, 2024
Sold by
Carter Daniel
Bought by
Nguyen Jimmy
Seller's Agent
Bryce Higgins
eXp Realty, LLC
Buyer's Agent
Bailey Braunecker
eXp Realty, LLC
List Price
$499,999
Sold Price
$490,000
Premium/Discount to List
-$9,999
-2%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.19%
Original Mortgage
$367,500
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2019
Sold by
Carter Management Holdings Llc
Bought by
Carter Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,800
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,076
Interest Rate
3.94%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 7, 2017
Sold by
Empire Vii Indiana Portfolio Llc
Bought by
Carter Management 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
$135,076
Interest Rate
3.94%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 1, 2016
Sold by
Drj Properties Llc
Bought by
Empire Vii Indiana Portfolio Llc

Purchase Details

Closed on
Jun 14, 2006
Sold by
Jones Dallas R and Jones Darlene J
Bought by
Drj Properties Llc

Purchase Details

Closed on
May 24, 2006
Sold by
Freestyle Investments Llc
Bought by
Jones Dallas and Jones Darlene
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Nguyen Jimmy -- None Listed On Document
Nguyen Jimmy $490,000 None Listed On Document
Carter Daniel -- None Available
-- $36,000 --
Carter Management Holdings Llc -- --
Empire Vii Indiana Portfolio Llc $9,000 None Available
Drj Properties Llc -- None Available
Jones Dallas -- None Available
Freestyle Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Jimmy $367,500
Previous Owner Nguyen Jimmy $367,500
Previous Owner Carter Daniel $233,800
Previous Owner Carter Management Holdings Llc $135,076
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2024 06/14/24 Sold $490,000 -2.0% $178 / Sq Ft
05/11/2024 05/11/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $499,999 -- $181 / Sq Ft
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
2025 $6,405 $360,600 $8,200 $352,400
2024 $4,073 $269,900 $8,200 $261,700
2023 $4,073 $162,400 $4,100 $158,300
2022 $3,231 $127,600 $4,100 $123,500
2021 $2,829 $113,300 $3,800 $109,500
2020 $2,931 $117,400 $3,800 $113,600
2019 $2,863 $112,400 $3,800 $108,600
2018 $2,884 $112,400 $3,800 $108,600
2017 $2,500 $108,200 $3,800 $104,400
2016 $2,325 $102,300 $3,800 $98,500
2014 $2,197 $101,600 $3,800 $97,800
2013 $1,838 $101,600 $3,800 $97,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21978541

MIBOR Broker Listing Cooperative®

APN: 49-10-05-109-012.000-101

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