NOT LISTED FOR SALE

2818 Brookside Ave Indianapolis, IN 46218

Near Eastside Neighborhood

Estimated Value: $79,000 - $101,553

3 Beds
1 Bath
1,000 Sq Ft
$88/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $60,000 $60 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $565/month

42 Days on Market

About This Home

As of March 2021

PRICED REDUCED..BACK ON MARKET. Great Investment opportunity. This duplex offers one recently partially renovated side (2818) that is currently vacant. Both units are being sold "as is". The 2818 side needs a little more work before it can be rented. Seller recently installed new LVT flooring throughout & had the entire inside painted. The 2820 side needs significantly more work completed once that tenant vacates the property. Units have separate furnaces & water heaters. Each unit has 2BR's and 1 BA.

Last Agent to Sell the Property

Rusty Harsin

Hoosier, REALTORS® License #RB14044916 Listed on: 02/13/2021

Last Buyer's Agent

Latasha Johnson

Harrison Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,108

Year Built

  • Built in 1926

Lot Details

  • 4,356 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Vinyl Siding

Additional Features

  • 2-Story Property
  • Property is near a bus stop

Community Details

  • Blues Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, insurance
  • The owner pays for insurance, taxes, sewer, water
  • Assessor Parcel Number 490732180023000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,108

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Multi-Level
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1926
  • Lot Size Acres: 0.1
  • Structure Type: Duplex
  • Subdivision Name: BLUES
  • Inspection Warranties: Not Applicable
  • Property Description: PRICED REDUCED..BACK ON MARKET. Great Investment opportunity. This duplex offers one recently partially renovated side (2818) that is currently vacant. Both units are being sold "as is". The 2818 side needs a little more work before it can be rented. Seller recently installed new LVT flooring throughout & had the entire inside painted. The 2820 side needs significantly more work completed once that tenant vacates the property. Units have separate furnaces & water heaters. Each unit has 2BR's and 1 BA.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: Two
  • Owner Pays: Insurance, Taxes, Sewer, Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Fence Partial
  • List Price: 78000

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 490732180023000101
  • Acres: <1/4 Acre
  • Lot Information: Busline
  • Lot Number: 21
  • Lot Size: 4487

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Insurance

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1108
  • Semi Annual Property Tax Amt: 554
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2023
Sold by
Johnson Jerry L
Bought by
Top Of The Ladder Home Reonvations & Repairs
Current Estimated Value
$87,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Outstanding Balance
$81,858
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$15,677

Purchase Details

Listed on
Feb 13, 2021
Closed on
Mar 31, 2021
Sold by
Wadhams Gregory A
Bought by
Johnson Jerry L
Seller's Agent
Rusty Harsin
Hoosier, REALTORS®
Buyer's Agent
Latasha Johnson
Harrison Real Estate
List Price
$78,000
Sold Price
$60,000
Premium/Discount to List
-$18,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.65%

Purchase Details

Listed on
Sep 19, 2019
Closed on
Nov 15, 2019
Sold by
Logan John B
Bought by
Wadhams Gregory A
Seller's Agent
Jessica Montalvo
RE/MAX Advanced Realty
Buyer's Agent
Rusty Harsin
Hoosier, REALTORS®
List Price
$65,000
Sold Price
$53,500
Premium/Discount to List
-$11,500
-17.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%
Original Mortgage
$40,125
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Top Of The Ladder Home Reonvations & Repairs -- Stewart Title Company
Johnson Jerry L $60,000 Security Title
Wadhams Gregory A $42,133 Security Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Top Of The Ladder Home Reonvations & Repairs $84,000
Previous Owner Wadhams Gregory A $40,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $60,000 -23.1% $60 / Sq Ft
03/28/2021 03/28/21 Pending -- -- --
03/12/2021 03/12/21 Price Changed $78,000 0.0% $78 / Sq Ft
03/12/2021 03/12/21 For Sale $78,000 -6.0% $78 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
02/13/2021 02/13/21 For Sale $83,000 +55.1% $83 / Sq Ft
11/15/2019 11/15/19 Sold $53,500 -17.7% $54 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
09/19/2019 09/19/19 For Sale $65,000 -- $65 / 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 $1,050 $48,700 $4,100 $44,600
2023 $1,050 $46,100 $4,100 $42,000
2022 $1,623 $64,500 $4,100 $60,400
2021 $1,222 $48,700 $4,100 $44,600
2020 $1,225 $48,700 $2,700 $46,000
2019 $1,204 $46,900 $2,700 $44,200
2018 $1,179 $45,500 $2,700 $42,800
2017 $1,039 $44,500 $2,700 $41,800
2016 $1,064 $46,600 $2,700 $43,900
2014 $952 $43,900 $2,700 $41,200
2013 $989 $42,500 $2,700 $39,800
Source: Public Records

Agents Affiliated with this Home

  • Rusty Harsin

    Seller's Agent in 2021

    Rusty Harsin

    Hoosier, REALTORS®

    (317) 640-6731

    5 in this area

    146 Total Sales

    Rusty Harsin
    Section Image

  • L

    Buyer's Agent in 2021

    Latasha Johnson

    Harrison Real Estate

    Section Image
  • Jessica Montalvo

    Seller's Agent in 2019

    Jessica Montalvo

    RE/MAX Advanced Realty

    (765) 532-2972

    59 Total Sales

    Jessica Montalvo
    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21765916

MIBOR Broker Listing Cooperative®

APN: 49-07-32-180-023.000-101

Indiana Marion County Indianapolis 46218 Near Eastside

2818 Brookside Ave, Indianapolis, IN

This home is located at 2818 Brookside Ave, Indianapolis, IN 46218 since 13 February 2021 and is currently estimated at $87,518, approximately $87 per square foot. This property was built in 1926. 2818 Brookside Ave is a home located in Marion County with nearby schools including Brookside School 54, 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.

Nearby Homes