NOT LISTED FOR SALE

2821 E Michigan St Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $180,000 - $250,000

4 Beds
-- Bath
1,086 Sq Ft
$198/Sq Ft Est. Value

Sale Details

Date Sold: December 8, 2016

Last sale price $55,000 $51 Per Sq Ft

Est. 291% increase in value since last sale

Current estimated payment $1,472 / mo

53 Days on Market

About This Home

As of December 2016

Smart Duplex Purchase With Great Numbers & In Excellent Condition. NEW ROOF, NEW GUTTERS, NEW SOFFITS, NEW INTERIOR/EXTERIOR PAINT, NEWER FURNACE & A/C (BOTH UNITS). 1-side currently rented w/long-term tenants and the other recently vacant after 4-year tenant. Close to Bus Line & convenient to downtown Indy! Great Rent Rates! Light Fixtures, Clng Fans, etc. all NEW.

Last Agent to Sell the Property

James Smock

F.C. Tucker Company License #RB14046988 Listed on: 08/12/2016

F.C. Tucker Company

Last Buyer's Agent

Michael Jones

RE/MAX At The Crossing

RE/MAX At The Crossing

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 5,184

Home Design

  • Traditional Architecture
  • Aluminum Siding

Additional Features

  • 2-Story Property
  • 5,184 Sq Ft Lot

Community Details

  • Rupp Park Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, lawncare, sewer, water
  • The owner pays for inshazard
  • Assessor Parcel Number 491005186046000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

5,184 Sq Ft Lot

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TradAmer
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1930
  • Lot Size Acres: 0.119
  • Subdivision Name: RUPP PARK
  • Inspection Warranties: Not Applicable
  • Property Description: Smart Duplex Purchase With Great Numbers & In Excellent Condition. NEW ROOF, NEW GUTTERS, NEW SOFFITS, NEW INTERIOR/EXTERIOR PAINT, NEWER FURNACE & A/C (BOTH UNITS). 1-side currently rented w/long-term tenants and the other recently vacant after 4-year tenant. Close to Bus Line & convenient to downtown Indy! Great Rent Rates! Light Fixtures, Clng Fans, etc. all NEW.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: InsHazard
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: On Street,2 Car Space

Utilities

  • Solid Waste: 1

Lot Info

  • Parcel Number: 491005186046000101
  • Acres: <1/4 Acre
  • Lot Information: Busline,Sidewalks
  • Lot Number: 66
  • Lot Size: 5184

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas, Lawncare, Sewer, Water

Tax Info

  • Tax Annual Amount: 1380
  • Semi Annual Property Tax Amt: 690
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2018
Sold by
Bought by
Current Estimated Value
$215,000

Purchase Details

Listed on
Aug 12, 2016
Closed on
Dec 8, 2016
Sold by
Bought by
Seller's Agent
James Smock
F.C. Tucker Company
Buyer's Agent
Michael Jones
RE/MAX At The Crossing
List Price
$57,500
Sold Price
$55,000
Premium/Discount to List
-$2,500
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.16%

Purchase Details

Closed on
Mar 30, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
4.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
5.61%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$70,000 Enterprise Title
-- None Available
$55,000 --
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $184,800
Closed $100,000
Previous Owner $22,500
Previous Owner $61,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/08/2016 12/08/16 Sold $55,000 -4.3% $51 / Sq Ft
10/26/2016 10/26/16 For Sale $57,500 +4.5% $53 / Sq Ft
10/06/2016 10/06/16 Off Market $55,000 -- --
10/05/2016 10/05/16 Pending -- -- --
09/22/2016 09/22/16 For Sale $57,500 +4.5% $53 / Sq Ft
09/15/2016 09/15/16 Off Market $55,000 -- --
08/26/2016 08/26/16 Price Changed $57,500 -4.0% $53 / Sq Ft
08/12/2016 08/12/16 For Sale $59,900 0.0% $55 / Sq Ft
07/07/2014 07/07/14 Rented $550 0.0% --
07/07/2014 07/07/14 Under Contract -- -- --
04/21/2014 04/21/14 For Rent $550 0.0% --
05/23/2013 05/23/13 Rented $550 -99.3% --
05/23/2013 05/23/13 Under Contract -- -- --
05/03/2013 05/03/13 For Rent $74,900 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,500 $160,300 $6,900 $153,400
2024 $3,263 $147,500 $6,900 $140,600
2023 $3,263 $132,500 $6,900 $125,600
2022 $3,374 $137,900 $6,900 $131,000
2021 $2,432 $100,400 $6,900 $93,500
2020 $2,101 $85,800 $2,500 $83,300
2019 $1,982 $79,200 $2,500 $76,700
2018 $1,909 $75,500 $2,500 $73,000
2017 $1,678 $73,900 $2,500 $71,400
2016 $1,508 $67,400 $2,500 $64,900
2014 $1,243 $57,500 $2,500 $55,000
2013 $1,391 $62,100 $2,500 $59,600
Source: Public Records

Agents Affiliated with this Home

  • James Smock

    Seller's Agent in 2016

    James Smock

    F.C. Tucker Company

    (317) 695-3369

    229 Total Sales

    James Smock
    Section Image

  • M

    Buyer's Agent in 2016

    Michael Jones

    RE/MAX

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21435913

MIBOR Broker Listing Cooperative®

APN: 49-10-05-186-046.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

2821 E Michigan St, Indianapolis, IN

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® 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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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