NOT LISTED FOR SALE

2538 Brookside Parkway Dr N Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $149,000 - $189,000

2 Beds
-- Bath
-- Sq Ft
6,534 Sq Ft Lot

Last Sold November 18, 2019

Last sale price $57,000

Est. 196% increase in value since last sale

Current estimated payment $1,083/month

33 Days on Market

About This Home

As of November 2019

Excellent investment opportunity. Both sides have been rented throughout the years. The remaining tenant will be leaving the end of October. You can renovate from the studs up or upgrade to increase monthly income. With improvements coming into the neighborhood & the location, the potential for profit is unlimited. Home has a detached 1 car garage, partially fenced back yard, and sits across from the park. Roof is 8 years old. Home will be sold strictly AS IS.

Last Agent to Sell the Property

Michelle Campbell

Sold It Realty Group License #RB14044548 Listed on: 08/28/2019

Last Buyer's Agent

Kate Tuttle

@properties

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 6,534 Sq Ft Lot
  • Partially Fenced Property

Parking

  • 1 Car Garage

Home Design

  • Stone

Interior Spaces

  • 1-Story Property
  • Crawl Space

Community Details

  • Brookside Rlty Co Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, all utilities, water
  • The owner pays for inshazard, taxes
  • Assessor Parcel Number 490732142001000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1922
  • Lot Size Acres: 0.15
  • Structure Type: Duplex
  • Subdivision Name: BROOKSIDE RLTY CO
  • Inspection Warranties: Not Applicable
  • Property Description: Excellent investment opportunity. Both sides have been rented throughout the years. The remaining tenant will be leaving the end of October. You can renovate from the studs up or upgrade to increase monthly income. With improvements coming into the neighborhood & the location, the potential for profit is unlimited. Home has a detached 1 car garage, partially fenced back yard, and sits across from the park. Roof is 8 years old. Home will be sold strictly AS IS.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: InsHazard, Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Stone
  • Disclosures: Not Applicable
  • Exterior Features: Fence Partial
  • Foundation Details: Crawl Space
  • List Price: 70000

Garage/Parking

  • Garage Spaces: 1
  • Unit Parking: 1 Car Garage

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490732142001000101
  • Acres: <1/4 Acre
  • Lot Information: Curbs,Sidewalks,Street Lights,Suburban,Tree Mature
  • Lot Number: 2
  • Lot Size: 50 X 130

Green Features

  • Green Certification Y N: 0

Rental Info

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

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1460
  • Semi Annual Property Tax Amt: 730
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2020
Sold by
Haan Arthur G and Haan Khristina L
Bought by
Even Keel Llc
Current Estimated Value
$169,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,400
Outstanding Balance
$293,320
Interest Rate
3.74%
Mortgage Type
Commercial
Estimated Equity
-$124,320

Purchase Details

Listed on
Aug 28, 2019
Closed on
Nov 13, 2019
Sold by
Lantz Don
Bought by
Haan Arthur G and Haan Khristina L
Seller's Agent
Michelle Campbell
Sold It Realty Group
Buyer's Agent
Kate Tuttle
@properties
List Price
$75,000
Sold Price
$57,000
Premium/Discount to List
-$18,000
-24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.23%

Purchase Details

Closed on
Jun 24, 2010
Sold by
Bmcc Investments Llc
Bought by
Lantz Don

Purchase Details

Closed on
Apr 21, 2009
Sold by
Mckenzie Investments
Bought by
Bmcc Investments Llc

Purchase Details

Closed on
Oct 23, 2008
Sold by
Krueger Steve K and Kruger Diane L
Bought by
Mckenzie Investments
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
Even Keel Llc -- None Available
Haan Arthur G -- None Available
Lantz Don -- None Available
Bmcc Investments Llc -- Homequest Title
Mckenzie Investments $5,176 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Even Keel Llc $330,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2019 11/18/19 Sold $57,000 -18.6% --
10/01/2019 10/01/19 Pending -- -- --
09/19/2019 09/19/19 Price Changed $70,000 -6.7% --
09/03/2019 09/03/19 For Sale $75,000 +31.6% --
08/28/2019 08/28/19 Off Market $57,000 -- --
08/28/2019 08/28/19 For Sale $69,900 -- --
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 $2,238 $98,600 $7,300 $91,300
2023 $2,238 $88,500 $7,300 $81,200
2022 $2,225 $88,500 $7,300 $81,200
2021 $1,861 $74,900 $7,300 $67,600
2020 $1,687 $67,200 $3,000 $64,200
2019 $1,522 $59,000 $3,000 $56,000
2018 $2,094 $82,600 $3,000 $79,600
2017 $1,808 $79,300 $3,000 $76,300
2016 $396 $13,200 $3,000 $10,200
2014 $262 $12,100 $3,000 $9,100
2013 $249 $12,000 $3,000 $9,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21664466

MIBOR Broker Listing Cooperative®

APN: 49-07-32-142-001.000-101