NOT LISTED FOR SALE

2543 Wheeler St Indianapolis, IN 46218

Martindale-Brightwood Neighborhood

Estimated Value: $121,000 - $132,000

2 Beds
1 Bath
560 Sq Ft
$226/Sq Ft Est. Value

Last Sold January 08, 2016

Last sale price $16,000 $29 Per Sq Ft

Est. 691% increase in value since last sale

Current estimated payment $823/month

266 Days on Market

About This Home

As of January 2016

LOOKING FOR CASH FLOW? Each side of this duplex features 1 bedroom, 1 bath, Living room, Dining room, Kitchen and basement. Hardwood floors through most of each unit. Cute front porch that says welcome. Long term tenant on one side who is currently month to month and pays $400 per month. The other side is vacant for easy showing. Market rent is $450 per side.

Last Agent to Sell the Property

Charlene Gaard

No Limit Real Estate, LLC Listed on: 02/23/2015

Last Buyer's Agent

Charlene Gaard

No Limit Real Estate, LLC Listed on: 02/23/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 4,922 Sq Ft Lot

Home Design

  • 560 Sq Ft Home
  • Duplex
  • Vinyl Siding

Community Details

  • Rosedale Subdivision
  • No Laundry Facilities

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for insurance, taxes
  • Tax Lot 79
  • Assessor Parcel Number 490729159086000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1940
  • Building Area Total: 560
  • Lot Size Acres: 0.113
  • Structure Type: Duplex
  • Subdivision Name: Rosedale
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: charlenegaard@aol.com
  • Special Features: None

Interior Features

  • Living Area: 560
  • Owner Pays: Insurance, Taxes
  • Main Level Sq Ft: 560
  • SqFt Total: 560

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • List Price: 19900

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Laundry Features: No Laundry Facil.
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Sidewalks
  • Additional Parcels: No
  • Lot Size Sq Ft: 4922
  • Parcel Number: 490729159086000101

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 722
  • Tax Lot: 79
  • Semi Annual Property Tax Amt: 361
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2015
Closed on
Jan 5, 2016
Sold by
Ranelin Phillip Arthur
Bought by
Topstone Inv Ind 1 Llc
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Charlene Gaard
No Limit Real Estate, LLC
List Price
$19,900
Sold Price
$16,000
Premium/Discount to List
-$3,900
-19.6%
Current Estimated Value
$126,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,500
Avg. Annual Appreciation
23.60%

Purchase Details

Closed on
Mar 27, 2009
Sold by
Ranelin Velader V
Bought by
Ranelin Phillip Arthur
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
Topstone Inv Ind 1 Llc -- Mtc
Ranelin Phillip Arthur -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2016 01/08/16 Sold $16,000 0.0% $29 / Sq Ft
11/17/2015 11/17/15 Pending -- -- --
10/28/2015 10/28/15 Off Market $16,000 -- --
02/23/2015 02/23/15 For Sale $19,900 -- $36 / 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 $1,795 $71,400 $8,300 $63,100
2023 $1,795 $71,400 $8,300 $63,100
2022 $1,684 $67,100 $8,300 $58,800
2021 $1,229 $49,000 $8,300 $40,700
2020 $1,010 $39,400 $2,600 $36,800
2019 $942 $35,800 $2,600 $33,200
2018 $881 $33,000 $2,600 $30,400
2017 $854 $35,800 $2,600 $33,200
2016 $837 $35,800 $2,600 $33,200
2014 $722 $33,400 $2,600 $30,800
2013 $694 $33,400 $2,600 $30,800
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Charlene Gaard

    No Limit Real Estate, LLC

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21337446

MIBOR Broker Listing Cooperative®

APN: 49-07-29-159-086.000-101

Indiana Marion County Indianapolis 46218 Martindale-Brightwood

2543 Wheeler St, Indianapolis, IN

This home is located at 2543 Wheeler St, Indianapolis, IN 46218 since 23 February 2015 and is currently estimated at $126,500, approximately $225 per square foot. This property was built in 1940. 2543 Wheeler St is a home located in Marion County with nearby schools including Arlington Woods Elementary School No. 99, Thomas D. Gregg School No. 15, and Washington Irving School 14.

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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