NOT LISTED FOR SALE

2724 Shelby St Indianapolis, IN 46203

Garfield Park Neighborhood

Estimated Value: $243,000 - $257,000

3 Beds
-- Bath
890 Sq Ft
$281/Sq Ft Est. Value

Last Sold August 24, 2022

Last sale price $210,000 $236 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,796/month

17 Days on Market

About This Home

As of August 2022

Check out this updated Garfield Park duplex! Fresh kitchens with stainless steel appliances on one unit, subway tile backslash, new counters, and new floors. Refinished hardwoods and new LVP on main floors. Bathrooms have clean new features including tile tub surround. Unit includes a rare large two car garage with finished bonus space above, currently included in 2724 lease through 4/2023. Unfinished basement for extra storage and laundry connection.

Last Agent to Sell the Property

Cory Robinson

CityPlace Realty Listed on: 07/22/2022

Last Buyer's Agent

Joel Mathews

@properties

@properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,096

Year Built

  • Built in 1925

Lot Details

  • 5,445

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Block Foundation
  • Vinyl Construction Material

Additional Features

  • 2-Story Property
  • 5,445 Sq Ft Lot
  • Basement

Community Details

  • Shelby Gardens Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, all utilities
  • The owner pays for taxes, no utilities
  • Assessor Parcel Number 491124116054000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,096

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: Craftsman, TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1925
  • Lot Size Acres: 0.125
  • Structure Type: Duplex
  • Subdivision Name: SHELBY GARDENS
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 1
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: Taxes, No Utilities
  • Sq Ft Main Upper: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Block
  • List Price: 220000
  • Interstate: Ramp<1Mi

Garage/Parking

  • Garage Spaces: 1
  • Unit Parking: 2 Car Garage,1 Car Space

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 491124116054000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Busline
  • Lot Number: 6
  • Lot Size: 5,445

Green Features

  • Green Certification Y N: 0

Rental Info

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

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3096
  • Semi Annual Property Tax Amt: 1548
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2022
Closed on
Sep 6, 2022
Sold by
Dungy Properties Llc
Bought by
Cehe Properties Llc
Seller's Agent
Cory Robinson
CityPlace Realty
Buyer's Agent
Joel Mathews
@properties
List Price
$220,000
Sold Price
$210,000
Premium/Discount to List
-$10,000
-4.55%
Views
6
Current Estimated Value
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,000
Avg. Annual Appreciation
1.39%
Original Mortgage
$288,000
Interest Rate
6.25%
Mortgage Type
Construction

Purchase Details

Listed on
Jan 29, 2018
Closed on
Mar 23, 2018
Sold by
Joseph Benek
Seller's Agent
Robert VanHook
Premier Agent Network
Buyer's Agent
Cory Robinson
CityPlace Realty
List Price
$99,900
Sold Price
$94,900
Premium/Discount to List
-$5,000
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.69%
Original Mortgage
$71,200
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2006
Sold by
Tibbs Runell
Bought by
Benek Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
6.45%
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
Cehe Properties Llc -- New Title Company Name
-- -- --
Dungy Properties Llc -- None Available
Benek Joseph -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cehe Properties Llc $800,000
Closed Cehe Properties Llc $288,000
Previous Owner Dungy Properties Llc $104,000
Previous Owner Dungy Properties Llc $71,200
Previous Owner Benek Joseph $80,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2022 08/24/22 Sold $210,000 -4.5% $236 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $220,000 +131.8% $247 / Sq Ft
03/23/2018 03/23/18 Sold $94,900 -5.0% $107 / Sq Ft
03/06/2018 03/06/18 Pending -- -- --
01/29/2018 01/29/18 For Sale $99,900 -- $112 / 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 $5,324 $218,600 $20,200 $198,400
2023 $5,324 $218,600 $20,200 $198,400
2022 $4,106 $168,600 $20,200 $148,400
2021 $3,229 $134,600 $20,200 $114,400
2020 $3,435 $139,100 $20,200 $118,900
2019 $2,624 $103,700 $13,900 $89,800
2018 $2,360 $91,900 $13,900 $78,000
2017 $1,986 $85,600 $13,900 $71,700
2016 $1,879 $82,800 $13,900 $68,900
2014 $756 $77,700 $13,900 $63,800
2013 $737 $77,700 $13,900 $63,800
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Cory Robinson

    CityPlace Realty

    Section Image

  • J

    Buyer's Agent in 2022

    Joel Mathews

    @properties

    Section Image
  • Robert VanHook

    Seller's Agent in 2018

    Robert VanHook

    Premier Agent Network

    (317) 507-9320

    1 in this area

    131 Total Sales

    Robert VanHook
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21871521

MIBOR Broker Listing Cooperative®

APN: 49-11-24-116-054.000-101

Indiana Marion County Indianapolis 46203 Garfield Park

2724 Shelby St, Indianapolis, IN

This home is located at 2724 Shelby St, Indianapolis, IN 46203 since 22 July 2022 and is currently estimated at $250,000, approximately $280 per square foot. This property was built in 1925. 2724 Shelby St is a home located in Marion County with nearby schools including Eleanor Skillen School No. 34, George W. Julian School No. 57, and James A. Garfield School 31.

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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