NOT LISTED FOR SALE

2608 E Southport Rd Indianapolis, IN 46227

Estimated Value: $292,599 - $326,000

4 Beds
-- Bath
1,438 Sq Ft
$216/Sq Ft Est. Value

Last Sold July 01, 2015

Last sale price $122,200 $85 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $2,228/month

127 Days on Market

About This Home

As of July 2015

3-plex located in the heart of Southport. All units have their own meters for utilities and private entrance. Unit 1 features 2 bedrooms 2 full baths and all appliances plus laundry area with washer and dryer. Unit 2 and 3 both offer 1 bedroom private bath and private kitchen all include appliances. Basement for storage and a detached 2 car garage with a separate area for boat storage. Tenant rights please 24 hour notice for showings.

Last Agent to Sell the Property

Mike Duncan

Mike Duncan Real Estate Group Listed on: 01/20/2015

Co-Listed By

Jared Duncan

Mike Duncan Real Estate Group

Last Buyer's Agent

Johnna Montgomery

CENTURY 21 Scheetz

CENTURY 21 Scheetz

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,862

Year Built

  • Built in 1900

Lot Details

  • 0.28 Acre Lot

Home Design

  • 1,438 Sq Ft Home
  • Triplex

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for ins hazard, lawncare, taxes
  • Assessor Parcel Number 491508111006000513

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,862

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1900
  • Building Area Total: 1438
  • Lot Size Acres: 0.28
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: Yes
  • MBR_AttributionContact: mike@duncansemail.com
  • Special Features: None

Interior Features

  • Living Area: 1438
  • Owner Pays: Ins Hazard, Lawncare, Taxes
  • Main Level Sq Ft: 1438
  • SqFt Total: 2132

Exterior Features

  • Construction Materials: Other
  • Disclosures: Not Applicable
  • List Price: 125000

Garage/Parking

  • Unit Parking: 2 Car Garage,Paved Area

Utilities

  • Utilities: Cable Connected, Gas, Sewer Connected, Water Connected
  • Laundry Features: Connections Some
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 3862

Lot Info

  • Lot Features: Access, Curbs, Sidewalks
  • Additional Parcels: No
  • Lot Size Sq Ft: 12197
  • Parcel Number: 491508111006000513
  • Acres: 1/4-1/2 Acre

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Net Operating Income: 9748
  • Gross Income: 13610
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2862
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1431
  • Tax Exemption: Other Tax Exemption/See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2022
Sold by
Sue Mcguire Pamela
Bought by
Mcguire Pamela Sue and Mcafee Daniel Dean
Current Estimated Value
$309,900

Purchase Details

Closed on
Jan 29, 2022
Sold by
Sue Mcguire Pamela
Bought by
Mcguire Pamela Sue and Mcafee Daniel Dean

Purchase Details

Closed on
Jan 13, 2022
Sold by
Paul Mcguire Brandon
Bought by
Mcguire Pamela S

Purchase Details

Closed on
Jan 10, 2022
Sold by
Paul Mcguire Brandon
Bought by
Mcguire Pamela S

Purchase Details

Listed on
Jan 20, 2015
Closed on
Jul 1, 2015
Sold by
Roembke David B and Roembke Nancy N
Bought by
Mcguire Brandon Paul
Seller's Agent
Mike Duncan
Mike Duncan Real Estate Group
Buyer's Agent
Johnna Montgomery
CENTURY 21 Scheetz
List Price
$130,000
Sold Price
$122,200
Premium/Discount to List
-$7,800
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.43%
Original Mortgage
$97,760
Interest Rate
3.83%
Mortgage Type
New Conventional
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
Mcguire Pamela Sue -- None Listed On Document
Mcguire Pamela Sue -- None Listed On Document
Mcguire Pamela S -- Security Title
Mcguire Pamela S $285,000 Security Title
Mcguire Brandon Paul -- Chicago Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcguire Brandon Paul $97,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2015 07/01/15 Sold $122,200 -6.0% $85 / Sq Ft
05/28/2015 05/28/15 Pending -- -- --
01/20/2015 01/20/15 For Sale $130,000 -- $90 / 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 $6,478 $253,200 $12,100 $241,100
2023 $6,478 $245,300 $12,100 $233,200
2022 $5,905 $221,500 $12,100 $209,400
2021 $4,862 $178,400 $12,100 $166,300
2020 $2,440 $171,200 $12,100 $159,100
2019 $2,266 $158,500 $10,900 $147,600
2018 $2,155 $153,200 $10,900 $142,300
2017 $2,022 $144,100 $10,900 $133,200
2016 $1,908 $135,800 $10,900 $124,900
2014 $3,048 $125,600 $10,900 $114,700
2013 $2,862 $117,600 $10,900 $106,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21332452

MIBOR Broker Listing Cooperative®

APN: 49-15-08-111-006.000-513