NOT LISTED FOR SALE

2834 E 16th St Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $124,000 - $215,000

4 Beds
-- Bath
1,386 Sq Ft
$113/Sq Ft Est. Value

Last Sold March 23, 2021

Last sale price $80,000 $58 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,000/month

63 Days on Market

About This Home

As of March 2021

Investment opportunity! Duplex features 2 beds, 1.5 baths on one side, and 1 bed, 1.5 baths on the other. Property has a huge split garage for added rental potential. A little TLC will go a long way in making this place a money maker! Units are separately metered. Garage has a separate meter as well. Digital door code locks on all doors including the garages. Close to downtown Indy, I65 and I70, and all the cool dining and shopping near east Indy has to offer!

Last Agent to Sell the Property

Blythe Sparks

Highgarden Real Estate License #RB14049272 Listed on: 11/23/2020

Highgarden Real Estate

Last Buyer's Agent

Ivan Guillen

Elite Indy Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 4,792

Parking

  • 3 Car Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Additional Features

  • 2-Story Property
  • 4,792 Sq Ft Lot
  • Basement

Community Details

  • Lippencott Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for insurance, sewer, trash collection, water
  • Assessor Parcel Number 490732124024000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1910
  • Lot Size Acres: 0.11
  • Structure Type: Duplex
  • Subdivision Name: LIPPENCOTT
  • Inspection Warranties: Not Applicable
  • Property Description: Investment opportunity! Duplex features 2 beds, 1.5 baths on one side, and 1 bed, 1.5 baths on the other. Property has a huge split garage for added rental potential. A little TLC will go a long way in making this place a money maker! Units are separately metered. Garage has a separate meter as well. Digital door code locks on all doors including the garages. Close to downtown Indy, I65 and I70, and all the cool dining and shopping near east Indy has to offer!
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: Insurance, Sewer, Trash Collection, Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Garage Spaces: 3
  • Unit Parking: 1 Car Garage,2 Car Garage,On Street

Utilities

  • Solid Waste: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490732124024000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street
  • Lot Number: 31
  • Lot Size: 37x132

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Annual Amount: 3332
  • Semi Annual Property Tax Amt: 1666
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
Mar 23, 2021
Sold by
Nichols Andrew
Bought by
Gonzalez Rodrigo
Seller's Agent
Blythe Sparks
Highgarden Real Estate
Buyer's Agent
Ivan Guillen
Elite Indy Realty Group
List Price
$94,000
Sold Price
$80,000
Premium/Discount to List
-$14,000
-14.89%
Current Estimated Value
$156,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,593
Avg. Annual Appreciation
15.91%
Original Mortgage
$68,000
Outstanding Balance
$60,988
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$95,605

Purchase Details

Listed on
May 10, 2019
Closed on
Aug 30, 2019
Sold by
Eagle Creek Alexander Llc
Bought by
Nicholas Andrew
Seller's Agent
Justin Capps
Ferris Property Group
Buyer's Agent
Blythe Sparks
Highgarden Real Estate
List Price
$74,900
Sold Price
$65,000
Premium/Discount to List
-$9,900
-13.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.24%
Original Mortgage
$63,822
Interest Rate
4.55%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 2017
Sold by
Dmitriy Buslovich and Buslovich Elena
Bought by
Eagle Creek Alexander Llc

Purchase Details

Listed on
Jul 12, 2017
Closed on
Aug 1, 2017
Bought by
Buslovich Dmitriy and Buslovich Elena
Seller's Agent
Christopher Jones
Keller Williams Indy
Buyer's Agent
Justin Capps
Ferris Property Group
List Price
$55,000
Sold Price
$47,000
Premium/Discount to List
-$8,000
-14.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.83%

Purchase Details

Listed on
Nov 3, 2016
Closed on
Mar 24, 2017
Sold by
Peyrot Guy Adrian
Seller's Agent
Terri Hoffman
The Elite Advantage, Inc.
Buyer's Agent
Christopher Jones
Keller Williams Indy
List Price
$53,999
Sold Price
$46,000
Premium/Discount to List
-$7,999
-14.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
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 Buyer Sale Price Title Company
Gonzalez Rodrigo $80,000 Investors Title
Nicholas Andrew $65,000 Fidelity National Title
Eagle Creek Alexander Llc -- --
Buslovich Dmitriy $47,000 --
Buslovich Dmitriy $47,000 Fidelity National Title
-- $46,000 --
Indiana Land Trust Co $46,000 Fidelity National Title
Indiana Land Trust Co $46,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Rodrigo $68,000
Previous Owner Nicholas Andrew $63,822
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/23/2021 03/23/21 Sold $80,000 -5.9% $58 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
01/11/2021 01/11/21 Price Changed $85,000 -9.6% $61 / Sq Ft
12/22/2020 12/22/20 For Sale $94,000 0.0% $68 / Sq Ft
12/20/2020 12/20/20 Pending -- -- --
11/23/2020 11/23/20 For Sale $94,000 +44.6% $68 / Sq Ft
08/30/2019 08/30/19 Sold $65,000 -7.0% $47 / Sq Ft View Prior Sale
07/08/2019 07/08/19 Pending -- -- --
06/26/2019 06/26/19 Price Changed $69,900 -6.7% $50 / Sq Ft
05/10/2019 05/10/19 For Sale $74,900 +59.4% $54 / Sq Ft
08/04/2017 08/04/17 Sold $47,000 -14.5% $34 / Sq Ft View Prior Sale
07/21/2017 07/21/17 Pending -- -- --
07/12/2017 07/12/17 For Sale $55,000 +19.6% $40 / Sq Ft
03/24/2017 03/24/17 Sold $46,000 -7.1% $33 / Sq Ft View Prior Sale
03/13/2017 03/13/17 Pending -- -- --
03/03/2017 03/03/17 Price Changed $49,500 -1.0% $36 / Sq Ft
02/07/2017 02/07/17 Price Changed $50,000 -7.4% $36 / Sq Ft
11/03/2016 11/03/16 For Sale $53,999 -- $39 / 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 $2,144 $152,400 $4,500 $147,900
2023 $2,144 $144,000 $4,500 $139,500
2022 $2,322 $147,700 $4,500 $143,200
2021 $1,667 $110,300 $4,500 $105,800
2020 $1,703 $112,200 $2,900 $109,300
2019 $1,666 $107,900 $2,900 $105,000
2018 $1,460 $104,700 $2,900 $101,800
2017 $2,285 $101,800 $2,900 $98,900
2016 $1,285 $56,000 $2,900 $53,100
2014 $1,256 $95,300 $2,900 $92,400
2013 $1,183 $92,000 $2,900 $89,100
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Blythe Sparks

    Highgarden Real Estate

    (317) 400-6572

    1 in this area

    45 Total Sales

    Blythe Sparks
    Section Image

  • I

    Buyer's Agent in 2021

    Ivan Guillen

    Elite Indy Realty Group

    Section Image
  • Justin Capps

    Seller's Agent in 2019

    Justin Capps

    Ferris Property Group

    (317) 699-4555

    10 in this area

    137 Total Sales

    Justin Capps
    Section Image

  • C

    Seller's Agent in 2017

    Christopher Jones

    Keller Williams Indy

    (317) 846-3277

    26 Total Sales

    Christopher Jones
    Section Image

  • T

    Seller's Agent in 2017

    Terri Hoffman

    The Elite Advantage, Inc.

    1 in this area

    56 Total Sales

    Terri Hoffman
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21754726

MIBOR Broker Listing Cooperative®

APN: 49-07-32-124-024.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

2834 E 16th St, Indianapolis, IN

This home is located at 2834 E 16th St, Indianapolis, IN 46201 since 23 November 2020 and is currently estimated at $156,593, approximately $112 per square foot. This property was built in 1910. 2834 E 16th St is a home located in Marion County with nearby schools including Thomas D. Gregg School No. 15, Washington Irving School 14, and Brookside School 54.

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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