NOT LISTED FOR SALE

2751 E Midland Rd Indianapolis, IN 46227

Edgewood Neighborhood

Estimated Value: $260,760 - $284,000

3 Beds
1 Bath
1,044 Sq Ft
$263/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $190,000 $182 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,954/month

2 Days on Market

About This Home

As of October 2020

ATTN Investors or Homeowner interested in a comfortable and low cost living arrangement! Spectacular opportunity in Perry Twp! A duplex of this size and stature is hard to come by, especially one in this condition. Updated kitchens/baths, neutral paint and carpet. 2751 Unit is vacant and in move-in ready condition with so much to offer, 2 bed/2 full bath. 2753 unit is a 3/2 and currently tenant occupied. Property resides in a highly desirable location, close to St Jude, Roncali, and Clinton Young Elementary. Low maintenance siding. Water softener in unit #2 services both sides. All of this on a spacious lot for everyone to enjoy. Don't miss this rare opportunity and impressive ROI!

Last Agent to Sell the Property

Cassidy Ryan

Dropped Members License #RB14045772 Listed on: 08/13/2020

Dropped Members

Last Buyer's Agent

Nick Hurt

Indiana Realty Pros, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,916

Year Built

  • Built in 1986

Lot Details

  • 0.69

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Additional Features

  • Crawl Space
  • 0.69 Acre Lot

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for taxes
  • Assessor Parcel Number 491505129007000500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,916

Year Built

Built in 1986

Lot Details

0.69 Acres

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1986
  • Lot Size Acres: 0.69
  • Structure Type: Duplex
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Other
  • Property Description: ATTN Investors or Homeowner interested in a comfortable and low cost living arrangement! Spectacular opportunity in Perry Twp! A duplex of this size and stature is hard to come by, especially one in this condition. Updated kitchens/baths, neutral paint and carpet. 2751 Unit is vacant and in move-in ready condition with so much to offer, 2 bed/2 full bath. 2753 unit is a 3/2 and currently tenant occupied. Property resides in a highly desirable location, close to St Jude, Roncali, and Clinton Young Elementary. Low maintenance siding. Water softener in unit #2 services both sides. All of this on a spacious lot for everyone to enjoy. Don't miss this rare opportunity and impressive ROI!
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel
  • Foundation Details: Crawl Space

Garage/Parking

  • Unit Parking: On Street,2 Car Space,Unpaved

Utilities

  • Solid Waste: 1

Lot Info

  • Parcel Number: 491505129007000500
  • Acres: 1/2-1 Acre
  • Lot Information: Other
  • Lot Number: 0
  • Lot Size: 100 X 301

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 3916
  • Semi Annual Property Tax Amt: 1958
  • Tax Exemption: MortageTaxExemption

MLS Schools

  • School District: Perry Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Sep 30, 2020
Sold by
Phillips D Ryan D and Phillips Elizabeth A
Bought by
Macdonald Brady and Macdonald Courtney
Seller's Agent
Cassidy Ryan
Dropped Members
Buyer's Agent
Nick Hurt
Indiana Realty Pros, Inc.
List Price
$187,900
Sold Price
$190,000
Premium/Discount to List
$2,100
1.12%
Current Estimated Value
$274,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,587
Avg. Annual Appreciation
7.15%
Original Mortgage
$159,375
Outstanding Balance
$141,756
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$132,831

Purchase Details

Listed on
Aug 13, 2020
Closed on
Sep 25, 2020
Sold by
Phillips D Ryan D and Phillips Elizabeth A
Bought by
Macdonald Brady and Macdonald Courtney
Seller's Agent
Cassidy Ryan
Dropped Members
Buyer's Agent
Nick Hurt
Indiana Realty Pros, Inc.
List Price
$187,900
Sold Price
$190,000
Premium/Discount to List
$2,100
1.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,375
Outstanding Balance
$141,756
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$132,831

Purchase Details

Closed on
Jun 29, 2005
Sold by
Clem Tony L
Bought by
Phillips Jonathon T and Ryan Phillips D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,883
Interest Rate
5.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Macdonald Brady -- Best Title Services
Macdonald Brady $190,000 Best Title
Phillips Jonathon T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macdonald Brady $159,375
Closed Macdonald Brady $159,375
Previous Owner Phillips Jonathon T $134,883
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2020 10/16/20 Sold $190,000 +1.1% $182 / Sq Ft
08/15/2020 08/15/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $187,900 0.0% $180 / Sq Ft
02/28/2020 02/28/20 Rented $900 0.0% --
02/26/2020 02/26/20 Under Contract -- -- --
01/09/2020 01/09/20 For Rent $900 +16.1% --
11/15/2017 11/15/17 Rented $775 0.0% --
11/09/2017 11/09/17 Price Changed $775 -3.1% $1 / Sq Ft
10/11/2017 10/11/17 For Rent $800 -- --
Source: MIBOR Broker Listing Cooperative®

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 $6,526 $275,600 $22,400 $253,200
2023 $6,526 $249,000 $22,400 $226,600
2022 $4,197 $225,200 $22,400 $202,800
2021 $4,005 $209,800 $22,400 $187,400
2020 $3,675 $198,600 $22,400 $176,200
2019 $4,573 $168,000 $19,000 $149,000
2018 $2,692 $155,400 $19,000 $136,400
2017 $2,496 $147,000 $19,000 $128,000
2016 $2,306 $138,400 $19,000 $119,400
2014 $1,698 $122,800 $19,000 $103,800
2013 $2,200 $150,000 $19,000 $131,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Cassidy Ryan

    Dropped Members

    Section Image
  • Evona Watson

    Seller's Agent in 2020

    Evona Watson

    Triple E Realty, LLC

    (317) 281-9280

    2 in this area

    125 Total Sales

    Evona Watson
    Section Image

  • N

    Buyer's Agent in 2020

    Nick Hurt

    Indiana Realty Pros, Inc.

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21731565

MIBOR Broker Listing Cooperative®

APN: 49-15-05-129-007.000-500

Indiana Marion County Indianapolis 46227 Edgewood

2751 E Midland Rd, Indianapolis, IN

Not Listed for Sale

MultiFamily

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.
Based on information submitted to the MLS GRID

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