NOT LISTED FOR SALE

2736 Shelby St Indianapolis, IN 46203

Garfield Park Neighborhood

Estimated Value: $138,000 - $162,000

2 Beds
-- Bath
864 Sq Ft
$174/Sq Ft Est. Value

Last Sold February 12, 2018

Last sale price $54,900 $64 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $1,078/month

59 Days on Market

About This Home

As of February 2018

Lots of potential in this duplex near Garfield Park. Conveniently located near shopping, interstate, and bus stops. This 4BR could be a great investment cash flow opportunity.

Last Agent to Sell the Property

April Johnson

Aspire Realty, LLC License #RB14039987 Listed on: 11/23/2017

Last Buyer's Agent

Kesha Farlow

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,360

Year Built

  • Built in 1927

Lot Details

  • 5,663

Home Design

  • Aluminum Siding

Additional Features

  • 2-Story Property
  • 5,663 Sq Ft Lot

Community Details

  • Shelby Gardens Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for no utilities
  • Assessor Parcel Number 491124116034000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,360

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TradAmer
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1927
  • Lot Size Acres: 0.13
  • Subdivision Name: SHELBY GARDENS
  • Inspection Warranties: Other
  • Property Description: Lots of potential in this duplex near Garfield Park. Conveniently located near shopping, interstate, and bus stops. This 4BR could be a great investment cash flow opportunity.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: No Utilities
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • List Price: 54900

Garage/Parking

  • Unit Parking: Other

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 491124116034000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Sidewalks
  • Lot Number: 9
  • Lot Size: 40 X 136

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1360
  • Semi Annual Property Tax Amt: 680
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2019
Sold by
Aage Holdings Ii Llc
Bought by
Smplyf Investments Llc
Current Estimated Value
$150,000

Purchase Details

Listed on
Nov 23, 2017
Closed on
Feb 9, 2018
Sold by
Colonial Savings Fa
Bought by
Aace Holdings Ii Llc
Seller's Agent
April Johnson
Aspire Realty, LLC
Buyer's Agent
Kesha Farlow
List Price
$60,000
Sold Price
$54,900
Premium/Discount to List
-$5,100
-8.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.20%
Original Mortgage
$84,500
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 17, 2017
Sold by
Noble Laurine A

Purchase Details

Closed on
Apr 22, 2005
Sold by
Wilson Wanda K
Bought by
Noble Laurine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,400
Interest Rate
7.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Smplyf Investments Llc -- None Available
Aace Holdings Ii Llc $54,900 Indiana Title
-- -- --
Colonial Savings Fa -- --
Noble Laurine A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aace Holdings Ii Llc $84,500
Previous Owner Aace Holdings Ii Llc $84,500
Previous Owner Noble Laurine A $42,400
Previous Owner Noble Laurine A $42,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2018 02/12/18 Sold $54,900 0.0% $64 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
01/12/2018 01/12/18 Price Changed $54,900 -8.5% $64 / Sq Ft
11/23/2017 11/23/17 For Sale $60,000 -- $69 / 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 $3,206 $130,100 $20,200 $109,900
2023 $3,206 $130,100 $20,200 $109,900
2022 $3,190 $130,100 $20,200 $109,900
2021 $2,935 $122,200 $20,200 $102,000
2020 $2,743 $113,500 $20,200 $93,300
2019 $2,034 $81,400 $13,900 $67,500
2018 $1,836 $72,400 $13,900 $58,500
2017 $1,549 $67,800 $13,900 $53,900
2016 $1,841 $65,500 $13,900 $51,600
2014 $1,334 $61,700 $13,900 $47,800
2013 $1,371 $61,700 $13,900 $47,800
Source: Public Records

Agents Affiliated with this Home

  • April Johnson

    Seller's Agent in 2018

    April Johnson

    Aspire Realty, LLC

    (317) 361-6279

    17 Total Sales

    April Johnson
    Section Image

  • K

    Buyer's Agent in 2018

    Kesha Farlow

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21526088

MIBOR Broker Listing Cooperative®

APN: 49-11-24-116-034.000-101

Indiana Marion County Indianapolis 46203 Garfield Park

2736 Shelby St, Indianapolis, IN

This home is located at 2736 Shelby St, Indianapolis, IN 46203 since 23 November 2017 and is currently estimated at $150,000, approximately $173 per square foot. This property was built in 1927. 2736 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.

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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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