NOT LISTED FOR SALE

Estimated Value: $104,000 - $232,000

2 Beds
-- Bath
728 Sq Ft
$225/Sq Ft Est. Value

Last Sold October 15, 2018

Last sale price $95,000 $130 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,223/month

2 Days on Market

About This Home

As of October 2018

Hidden Gem. Traditional duplex offers great cash flow, easy maintenance, several updates & amenities and is located in the path of development and revitalization. Walking distance to Riverside Park, Coffin Golf Course, Riverside High School, Marion College, Historic Iron Skillet restaurant and so much more. Property has been 100% occupied for since 2016. Tenants leases expire Jan 2019, but are willing to sign renewals with new owner.

PLEASE DO NOT DISTURB TENANTS.

Last Listed By

CJ Jennings

eXp Realty LLC Listed on: 09/18/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $878

Year Built

  • 1931

Lot Details

  • 6,970

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$878

Year Built

1931

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Residential Units - 1 to 4
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: www.GreenDoor2RE.com
  • Unit Count: 2
  • Conversion: 0
  • Architectural Style: Bungalow
  • Directions: From 30th & Cold Springs Rd. - Go East on 30th pass white river to EAST RIVERSIDE DR. - Turn Right on East Riverside Dr. and home is on left side of street.
  • New Construction: No
  • Property Attached Yn: Yes
  • Road Surface Type: Asphalt
  • Subdivision Name: A V BROWNS RIVERSIDE PARK
  • Special Features: None
  • Year Built: 1931

Interior Features

  • Sq Ft Main Upper: 0
  • Gross Area Sq Ft: 1456
  • Laundry: ConnAll
  • Basement YN: Yes
  • Owner Pays: Insurance, Lawncare, Taxes, Sewer, Water
  • Possible Use: Residential
  • Amenities: Paved Parking Pad - Rear

Exterior Features

  • Foundation Details: Block, Full
  • Road Access: CityStreet
  • Interstate: Ramp1-3mi
  • Construction Type: Vinyl With Stone
  • Disclosures: Not Applicable
  • Roof: Less than 5yrs old

Garage/Parking

  • Unit Parking: Parking Lot,Paved Area,2 Car Space
  • Parking Spacesper Unit: 2.0000

Utilities

  • Solid Waste: 1
  • HVAC: Less than 7 yrs old

Fee Information

  • Expenses: 3900

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Busline,Sidewalks,Street Lights
  • Lot Number: 20
  • Lot Size: 7,100
  • Current Use: Residential

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Security, Cable TV, Insurance, All Utilities

Tax Info

  • Semi Annual Property Tax Amt: 439
  • Tax Exemption: None
  • Tax Annual Amount: 878
  • Tax Year: 2017

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2022
Sold by
Mccready David
Bought by
2843-2845 E Riverside Drive Trust
Total Days on Market
2
Current Estimated Value
$163,976

Purchase Details

Listed on
Sep 18, 2018
Closed on
Oct 15, 2018
Sold by
Bromley Lucas P
Bought by
David Mccready
Seller's Agent
CJ Jennings
eXp Realty LLC
Buyer's Agent
Guido Casalini
US Investor Group, LLC
List Price
$89,900
Sold Price
$95,000
Premium/Discount to List
$5,100
5.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%

Purchase Details

Listed on
Jul 13, 2016
Closed on
Aug 26, 2016
Sold by
Mays Doris A
Bought by
Bromley Lucas P
Seller's Agent
Michele Cherry-Joseph
Carpenter, REALTORS®
Buyer's Agent
Lisa Fischer
Fischer Realty, LLC
List Price
$63,875
Sold Price
$60,000
Premium/Discount to List
-$3,875
-6.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.95%
Original Mortgage
$45,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Range of Values:

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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
2843-2845 E Riverside Drive Trust -- --
David Mccready $95,000 --
Mccready David $95,000 Security Title Services
Bromley Lucas P -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccready David Gabriel $86,100
Previous Owner Mccready David $59,500
Previous Owner Bromley Lucas P $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2018 10/15/18 Sold $95,000 +5.7% $130 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
09/17/2018 09/17/18 For Sale $89,900 +49.8% $123 / Sq Ft
08/26/2016 08/26/16 Sold $60,000 0.0% $82 / Sq Ft
08/19/2016 08/19/16 Pending -- -- --
08/01/2016 08/01/16 Off Market $60,000 -- --
07/13/2016 07/13/16 For Sale $63,875 -- $88 / 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 $3,673 $146,000 $15,000 $131,000
2023 $3,673 $149,800 $15,000 $134,800
2022 $3,060 $124,200 $15,000 $109,200
2021 $2,192 $90,000 $4,000 $86,000
2020 $2,199 $90,000 $4,000 $86,000
2019 $2,157 $86,600 $4,000 $82,600
2018 $1,183 $45,000 $4,000 $41,000
2017 $988 $41,400 $4,000 $37,400
2016 $953 $40,800 $4,000 $36,800
2014 $882 $41,000 $4,000 $37,000
2013 $917 $41,000 $4,000 $37,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21596068

MIBOR Broker Listing Cooperative®

APN: 49-06-27-102-001.000-101