$50,000
SOLD JUL 28, 2017

28 S Webster Ave Indianapolis, IN 46219

Irvington Neighborhood
-- Bed
-- Bath
728 Sq Ft
4,008 Sq Ft Lot

Recently Sold

$69 Per Sq Ft

28% Below List Price

50 Days on Market

About This Home

As of June 2020

Money Maker! 2 unit duplex in historic Irvington area. Near shopping, restaurants, and entertainment. Live in one side and have the other side make your payments or increase your portfolio. There is a 2 car garage that seller uses for storage as well. Tenants pay all utilities and long term tenants. Did we mention that this double comes with 3 lots!

Last Agent to Sell the Property

Joe Bottorff

Doc Real Estate, Inc Listed on: 05/31/2017

Last Buyer's Agent

Jennifer Wilmoth

Wilmoth Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Home Design

  • Aluminum Siding

Additional Features

  • 1-Story Property
  • 4,008 Sq Ft Lot
  • Basement

Community Details

  • Tilford & Thrashers Subdivision

Listing and Financial Details

  • Tenant pays for electricity gas sewer water
  • The owner pays for no utilities
  • Assessor Parcel Number 491002110047000701

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Doub-Duplx
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1950
  • Lot Size Acres: 0.092
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: TILFORD & THRASHERS
  • Inspection Warranties: Not Applicable
  • Property Description: Money Maker! 2 unit duplex in historic Irvington area. Near shopping, restaurants, and entertainment. Live in one side and have the other side make your payments or increase your portfolio. There is a 2 car garage that seller uses for storage as well. Tenants pay all utilities and long term tenants. Did we mention that this double comes with 3 lots!
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: One
  • Owner Pays: No Utilities
  • Possible Use: Apt<20
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 1456
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Exterior Features: Fence Partial,Fence Privacy,Not Applicable
  • Foundation Details: Block,Full
  • List Price: 49999
  • Road Access: CityStreet

Garage/Parking

  • Unit Parking: 2 Car Garage

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Current Use: Apt<20
  • Parcel Number: 491002110047000701
  • Zoning: Duplex
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Sidewalks
  • Lot Number: 40
  • Lot Size: 4,008

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity,Gas,Sewer,Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1398
  • Semi Annual Property Tax Amt: 699
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2020
Closed on
May 28, 2020
Sold by
Hereford 1993 Llc
Bought by
33 Doors Llc
Seller's Agent
Maxwell Richter
Wilmoth Group
Buyer's Agent
Maxwell Richter
Wilmoth Group
List Price
$850,000
Sold Price
$67,000
Premium/Discount to List
-$783,000
-92.12%
Current Estimated Value
$151,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,878
Avg. Annual Appreciation
17.22%
Original Mortgage
$103,200
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Listed on
May 31, 2017
Closed on
Jul 27, 2017
Sold by
Gary S Neumann P & S Serv
Bought by
Wyatt Jill and Wyatt Will
Seller's Agent
Joe Bottorff
Doc Real Estate, Inc
Buyer's Agent
Jennifer Wilmoth
Wilmoth Group
List Price
$69,000
Sold Price
$50,000
Premium/Discount to List
-$19,000
-27.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.81%
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 Type Sale Price Title Company
Warranty Deed -- None Available
Deed $50,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,225,500 New Conventional
Closed $103,200 Commercial
Previous Owner $37,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2021 05/13/21 Rented -- -- --
05/10/2021 05/10/21 Under Contract -- -- --
04/23/2021 04/23/21 For Rent $625 0.0% --
06/01/2020 06/01/20 Sold $67,000 -4.1% $92 / Sq Ft
04/27/2020 04/27/20 Pending -- -- --
04/24/2020 04/24/20 Price Changed $69,900 -91.8% $96 / Sq Ft
02/07/2020 02/07/20 For Sale $850,000 0.0% $1,168 / Sq Ft
01/30/2020 01/30/20 Rented $595 0.0% --
01/24/2020 01/24/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $850,000 0.0% $1,168 / Sq Ft
11/22/2019 11/22/19 For Rent $595 0.0% --
11/19/2019 11/19/19 Under Contract -- -- --
10/23/2019 10/23/19 Price Changed $595 -4.8% $1 / Sq Ft
10/02/2019 10/02/19 For Rent $625 +5.0% --
01/10/2019 01/10/19 Rented $595 0.0% --
11/27/2018 11/27/18 Price Changed $595 -6.3% $1 / Sq Ft
11/02/2018 11/02/18 For Rent $635 0.0% --
07/28/2017 07/28/17 Sold $50,000 0.0% $69 / Sq Ft
07/21/2017 07/21/17 Pending -- -- --
06/23/2017 06/23/17 Price Changed $49,999 -16.5% $69 / Sq Ft
06/02/2017 06/02/17 Price Changed $59,900 -13.2% $82 / Sq Ft
05/31/2017 05/31/17 For Sale $69,000 -- $95 / 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 $3,417 $139,300 $14,600 $124,700
2023 $3,417 $138,200 $14,600 $123,600
2022 $2,499 $100,100 $14,600 $85,500
2021 $2,251 $91,800 $7,300 $84,500
2020 $2,255 $91,700 $4,900 $86,800
2019 $2,268 $90,600 $4,900 $85,700
2018 $2,016 $79,300 $4,900 $74,400
2017 $1,653 $72,000 $4,900 $67,100
2016 $1,520 $67,300 $4,900 $62,400
2014 $1,319 $61,000 $4,900 $56,100
2013 $1,373 $60,100 $4,900 $55,200
Source: Public Records

Agents Affiliated with this Home

  • Maxwell Richter

    Seller's Agent in 2021

    Maxwell Richter

    Wilmoth Group

    (317) 842-3400

    1 in this area

    260 Total Sales

    Maxwell Richter
    Section Image

  • J

    Buyer's Agent in 2020

    Joel Wilmoth

    Wilmoth Group

    (317) 622-5023

    4 Total Sales

    Joel Wilmoth
    Section Image

  • J

    Seller's Agent in 2017

    Joe Bottorff

    Doc Real Estate, Inc

    Section Image

  • J

    Buyer's Agent in 2017

    Jennifer Wilmoth

    Wilmoth Group

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21489054

MIBOR Broker Listing Cooperative®

APN: 49-10-02-110-047.000-701

Indiana Marion County Indianapolis 46219 Irvington

28 S Webster Ave, Indianapolis, IN

This home is located at 28 S Webster Ave, Indianapolis, IN 46219 and is currently priced at $50,000, approximately $68 per square foot. This property was built in 1950. 28 S Webster Ave is a home located in Marion County with nearby schools including Christian Park School 82, Arlington Community Middle School, and Arsenal Technical High School.

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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