NOT LISTED FOR SALE

Estimated Value: $112,000 - $155,993

4 Beds
-- Bath
-- Sq Ft
6,970 Sq Ft Lot

Last Sold November 17, 2022

Last sale price $123,000

Est. 11% increase in value since last sale

Current estimated payment $948/month

123 Days on Market

About This Home

As of November 2022

Professionally managed newly renovated duplex located on Indianapolis' Northeast side, just minutes from downtown. Both units are 2 bedroom and 1 bath. Features fresh paint, hardwood and tile floors, washer/dryer hookups, built-in shelves, rear yard, and basement. Both units are occupied. The 2823 side is $775/month rent, lease expires 8-31-23 and 2825 is month to month at $675. Photos are from prior to tenant move ins. Tenant on the 2823 is difficult to show with due to scheduling and lack of adequate phone. Showings can be 2825 side as they are easier. Decrease in price reflects owner's understanding that showings can be difficult to schedule. Both tenants are fully current on rent at time of listing.

Last Agent to Sell the Property

Sam Barron

Barron Property Services Listed on: 06/29/2022

Co-Listed By

Angela Johnson

Barron Property Services

Last Buyer's Agent

Derrick Bailey II

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $228

Year Built

  • Built in 1946

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Additional Features

  • Basement

Community Details

  • Northeastern Park Heights Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, all utilities, water
  • The owner pays for taxes, no utilities
  • Assessor Parcel Number 490720121003000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$228

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1946
  • Co List Office Phone: 317-225-4591
  • Lot Size Acres: 0.16
  • Structure Type: Duplex
  • Subdivision Name: NORTHEASTERN PARK HEIGHTS
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • MBR_AttributionContact: sam@barronprop.com
  • Special Features: None

Interior Features

  • Levels: One, Basement
  • Owner Pays: Taxes, No Utilities
  • Sq Ft Main Upper: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: 2 Car Space

Utilities

  • Solid Waste: 1

Lot Info

  • Parcel Number: 490720121003000101
  • Acres: <1/4 Acre
  • Lot Information: Access Street
  • Lot Number: 1
  • Lot Size: 0

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, All Utilities, Water

Tax Info

  • Tax Annual Amount: 228
  • Semi Annual Property Tax Amt: 114
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2022
Closed on
Nov 17, 2022
Sold by
Barron Properties Llc
Bought by
Delmas 34 Llc
Seller's Agent
Sam Barron
Barron Property Services
Buyer's Agent
Derrick Bailey II
Real Broker, LLC
List Price
$129,900
Sold Price
$123,000
Premium/Discount to List
-$6,900
-5.31%
Views
7
Current Estimated Value
$136,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,331
Avg. Annual Appreciation
3.28%

Purchase Details

Listed on
Jun 29, 2022
Closed on
Nov 15, 2022
Sold by
Barron Properties Llc
Bought by
Delmas 34 Llc
Seller's Agent
Sam Barron
Barron Property Services
Buyer's Agent
Derrick Bailey II
Real Broker, LLC
List Price
$129,900
Sold Price
$123,000
Premium/Discount to List
-$6,900
-5.31%
Views
7

Purchase Details

Closed on
Apr 12, 2022
Sold by
Michael Kim
Bought by
Barron Properties Llc

Purchase Details

Closed on
Apr 3, 2022
Sold by
Michael Kim
Bought by
Barron Properties Llc

Purchase Details

Listed on
Nov 15, 2013
Closed on
Nov 15, 2013
Sold by
American Real Estate Investments Llc
Bought by
Kim Michael
Seller's Agent
Mandy Sheckles
F.C. Tucker Company
Buyer's Agent
Mandy Sheckles
F.C. Tucker Company
List Price
$101,625
Sold Price
$89,300
Premium/Discount to List
-$12,325
-12.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.55%

Purchase Details

Closed on
Apr 25, 2013
Sold by
Arei Indy Llc
Bought by
American Real Estate Investments Llc

Purchase Details

Closed on
Apr 24, 2013

Purchase Details

Closed on
Jan 28, 2013
Sold by
Hauser Rental Properties Llc
Bought by
Arei Indy Llc

Purchase Details

Closed on
Feb 3, 2010
Sold by
Hauser Edgar W
Bought by
Hauser Rental Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Delmas 34 Llc -- None Listed On Document
Delmas 34 Llc $123,000 --
Barron Properties Llc -- Comer Law Office Llc
Barron Properties Llc $75,000 Comer Law Office Llc
Kim Michael $89,300 None Available
American Real Estate Investments Llc -- --
-- -- --
Arei Indy Llc -- --
Hauser Rental Properties Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2022 11/17/22 Sold $123,000 -5.3% --
10/31/2022 10/31/22 Pending -- -- --
10/20/2022 10/20/22 For Sale $129,900 +5.6% --
07/12/2022 07/12/22 Off Market $123,000 -- --
06/29/2022 06/29/22 For Sale $147,000 +24605.9% --
10/27/2017 10/27/17 Sold $595 0.0% -- View Prior Sale
10/02/2017 10/02/17 For Sale $595 -99.3% --
12/13/2013 12/13/13 Sold $89,300 -12.1% -- View Prior Sale
12/11/2013 12/11/13 Pending -- -- --
11/15/2013 11/15/13 For Sale $101,625 -- --
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 $2,859 $115,500 $5,700 $109,800
2023 $2,859 $115,500 $5,700 $109,800
2022 $1,256 $48,200 $5,700 $42,500
2021 $792 $29,300 $5,700 $23,600
2020 $293 $7,700 $2,700 $5,000
2019 $297 $7,800 $2,700 $5,100
2018 $292 $7,600 $2,700 $4,900
2017 $266 $7,400 $2,700 $4,700
2016 $259 $7,300 $2,700 $4,600
2014 $158 $7,300 $2,700 $4,600
2013 $229 $9,200 $2,700 $6,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21862696

MIBOR Broker Listing Cooperative®

APN: 49-07-20-121-003.000-101