NOT LISTED FOR SALE

2803 E Midland Rd Indianapolis, IN 46227

Edgewood Neighborhood

Estimated Value: $293,000 - $386,000

2 Beds
1 Bath
1,176 Sq Ft
$289/Sq Ft Est. Value

Last Sold April 30, 2013

Last sale price $139,500 $119 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,462/month

199 Days on Market

About This Home

As of April 2013

Don't miss this great opportunity! Super-sharp duplex commands top rent dollar for great income potential, or live in half while tenants pay down your mortgage! Easy to rent with attractive brick/cedar exterior, and move-in condition inside with new paint and new/newer carpet in the second unit. First unit is neat and cozy with a fireplace, and both are quiet since the garage is in the middle. Make this wise investment while rates are low, and build a secure future!

Last Agent to Sell the Property

Darlene Maus

Listed on: 09/11/2012

Last Buyer's Agent

Scott Smith

Keller Williams Indy Metro S

Keller Williams Indy Metro S

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,766

Year Built

  • Built in 1988

Lot Details

  • 0.27

Home Design

  • Duplex
  • Ranch Style House
  • Traditional Architecture
  • Brick Exterior Construction
  • Cedar

Additional Features

  • Washer and Dryer Hookup
  • 0.27 Acre Lot
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 491505129002000500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,766

Year Built

Built in 1988

Lot Details

0.27 Acres

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Ranch, TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2012
  • Year Built: 1988
  • Lot Size Acres: 0.27
  • Structure Type: Duplex
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Warranty Homebuyers
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: darlenemaus@kw.com
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: Other
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 0

Exterior Features

  • Construction Materials: Brick, Cedar
  • Disclosures: Not Applicable
  • Exterior Features: Not Applicable

Garage/Parking

  • Unit Parking: 1 Car Garage,2 Car Space

Utilities

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

Lot Info

  • Lot Features: Suburb
  • Additional Parcels: No
  • Lot Size Sq Ft: 0.22
  • Parcel Number: 491505129002000500
  • Acres: 1/4-1/2 Acre

Rental Info

  • Tenant Pays: Other

Tax Info

  • Tax Annual Amount: 2766
  • Tax Lot: N/A
  • Semi Annual Property Tax Amt: 1383
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption,Other Tax Exemption/See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2021
Sold by
Horn Investment Group Llc
Bought by
Hornback Jerome B
Current Estimated Value
$339,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$136,781
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$202,719

Purchase Details

Listed on
Sep 11, 2012
Closed on
Jun 13, 2013
Sold by
Hagner Herman F and Hagner Margaret M
Bought by
Hornback Jerry B
Seller's Agent
Darlene Maus
Buyer's Agent
Scott Smith
Keller Williams Indy Metro S
List Price
$150,000
Sold Price
$139,500
Premium/Discount to List
-$10,500
-7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Original Mortgage
$104,600
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 11, 2012
Closed on
Jun 10, 2013
Sold by
Hornback Jerry B
Bought by
Horn Investment Group Llc
Seller's Agent
Darlene Maus
Buyer's Agent
Scott Smith
Keller Williams Indy Metro S
List Price
$150,000
Sold Price
$139,500
Premium/Discount to List
-$10,500
-7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,600
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 11, 2012
Closed on
Apr 30, 2013
Sold by
Hagner Herman F
Bought by
Hornback Jerry B
Seller's Agent
Darlene Maus
Buyer's Agent
Scott Smith
Keller Williams Indy Metro S
List Price
$150,000
Sold Price
$139,500
Premium/Discount to List
-$10,500
-7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,600
Interest Rate
3.43%
Mortgage Type
New Conventional
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
Hornback Jerome B -- Lenders Escrow & Title
Hornback Jerry B -- --
Horn Investment Group Llc -- None Available
Hornback Jerry B $139,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hornback Jerome B $150,000
Previous Owner Hornback Jerry B $104,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2013 04/30/13 Sold $139,500 -7.0% $119 / Sq Ft
03/30/2013 03/30/13 Pending -- -- --
09/11/2012 09/11/12 For Sale $150,000 -- $128 / Sq Ft
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 $8,611 $338,300 $11,700 $326,600
2023 $8,130 $312,100 $11,700 $300,400
2022 $7,363 $280,500 $11,700 $268,800
2021 $6,769 $253,700 $11,700 $242,000
2020 $6,424 $239,100 $11,700 $227,400
2019 $6,201 $229,300 $9,900 $219,400
2018 $5,859 $218,700 $9,900 $208,800
2017 $5,587 $208,100 $9,900 $198,200
2016 $5,164 $191,700 $9,900 $181,800
2014 $4,246 $175,100 $9,900 $165,200
2013 $2,924 $183,300 $9,900 $173,400
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Darlene Maus

  • S

    Buyer's Agent in 2013

    Scott Smith

    Keller Williams Indy Metro S

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21196074

MIBOR Broker Listing Cooperative®

APN: 49-15-05-129-002.000-500

Indiana Marion County Indianapolis 46227 Edgewood

2803 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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