NOT LISTED FOR SALE

254 Hendricks Place Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $108,000 - $158,000

2 Beds
-- Bath
-- Sq Ft
4,356 Sq Ft Lot

Last Sold November 08, 2021

Last sale price $83,000

Est. 64% increase in value since last sale

Current estimated payment $987/month

21 Days on Market

About This Home

As of November 2021

INVESTOR ALERT!! Attention investors or Flippers! Immediate cash flow excellent Investment opportunity. Developing and trendy near east side just minutes from downtown Indianapolis with lots of revitalization, new construction and renovations all around. Each side of the duplex features one bedroom, one bathroom, living room, dining area and kitchen. Both units have separate basement, fenced side & rear yard and separated 1 car garage for storage. Photos were taken prior to Tenants moving in. Please provide proof of funds with all cash offers. This property can be purchased alone or as part of a package with other multi-family units.

Last Agent to Sell the Property

Vern Carter

Flat Fee Realty, LLC License #RB14032137 Listed on: 10/04/2021

Last Buyer's Agent

Jennifer Mattos

Garnet Group

Garnet Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,052

Year Built

  • 1938

Lot Details

  • 4,356

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,052

Year Built

1938

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Residential Units - 1 to 4
  • Inspection Warranties: LeadBasePaint,SeeRemarks
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Architectural Style: Bungalow/Shotgun, TraditonalAmerican
  • Directions: Washington Street west of Rural to Hendricks, north to home.
  • New Construction: No
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: STATE PLAZA
  • Special Features: None
  • Year Built: 1938

Interior Features

  • Sq Ft Main Upper: 0
  • Laundry: Connections All
  • Basement YN: Yes
  • Owner Pays: InsHazard, Lawncare

Exterior Features

  • Exterior Features: Fence Full Rear
  • Foundation Details: Block
  • Road Access: CityStreet
  • Construction Type: Aluminum Siding, Brick
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: 2 Car Garage

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Curbs,Sidewalks,Street Lights
  • Lot Number: 41
  • Lot Size: 45 X 100

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Sewer, Water

Tax Info

  • Semi Annual Property Tax Amt: 526
  • Tax Exemption: None
  • Tax Annual Amount: 1052
  • Tax Year: 2020

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2021
Closed on
Jan 4, 2022
Sold by
Joan Carter
Bought by
Mk Property Group Llc
Seller's Agent
Vern Carter
Flat Fee Realty, LLC
Buyer's Agent
Jennifer Mattos
Garnet Group
Sold Price
$83,000
Current Estimated Value
$136,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,266
Avg. Annual Appreciation
15.54%

Purchase Details

Listed on
Oct 4, 2021
Closed on
Nov 8, 2021
Sold by
Joan Carter
Bought by
Mk Property Group Llc
Seller's Agent
Vern Carter
Flat Fee Realty, LLC
Buyer's Agent
Jennifer Mattos
Garnet Group
Sold Price
$83,000

Purchase Details

Closed on
Aug 17, 2005
Sold by
Carter Investments Llc
Bought by
Carter Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
9%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

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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
Mk Property Group Llc -- Hall Render Killian Heath & Ly
Mk Property Group Llc $83,000 Hall Render Killian Heath & Ly
Carter Joan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mk Property Group Llc $123,750
Previous Owner Carter Joan $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2021 11/08/21 Sold $83,000 0.0% --
10/26/2021 10/26/21 Pending -- -- --
10/12/2021 10/12/21 For Sale -- -- --
10/07/2021 10/07/21 Off Market $83,000 -- --
10/04/2021 10/04/21 For Sale $125,000 -- --
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 $2,926 $128,800 $16,000 $112,800
2023 $2,926 $117,500 $16,000 $101,500
2022 $2,754 $110,900 $16,000 $94,900
2021 $2,106 $85,500 $16,000 $69,500
2020 $1,185 $45,500 $2,400 $43,100
2019 $986 $36,300 $2,400 $33,900
2018 $972 $35,500 $2,400 $33,100
2017 $846 $34,000 $2,400 $31,600
2016 $764 $30,900 $2,400 $28,500
2014 $627 $29,000 $2,400 $26,600
2013 $530 $29,000 $2,400 $26,600
Source: Public Records

Agents Affiliated with this Home

  • Vern Carter

    Seller's Agent in 2021

    Vern Carter

    Flat Fee Realty, LLC

    (317) 258-8976

    7 in this area

    150 Total Sales

    Vern Carter
    Section Image

  • J

    Buyer's Agent in 2021

    Jennifer Mattos

    Garnet Group

    Section Image

  • S

    Buyer Co-Listing Agent in 2021

    Susan Forrest

    United Real Estate Indpls

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21817143

MIBOR Broker Listing Cooperative®

APN: 49-10-06-159-005.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

254 Hendricks Place, Indianapolis, IN

This home is located at 254 Hendricks Place, Indianapolis, IN 46201 since 04 October 2021 and is currently estimated at $136,266. This property was built in 1938. 254 Hendricks Place is a home located in Marion County with nearby schools including Washington Irving School 14, Arsenal Technical High School, and George Washington Community High School (9-12).

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.

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