NOT LISTED FOR SALE

2859 E Riverside Dr Indianapolis, IN 46208

Riverside Neighborhood

Estimated Value: $126,000

2 Beds
-- Bath
999 Sq Ft
$126/Sq Ft Est. Value

Sale Details

Date Sold: September 29, 2020

Last sale price $70,000 $70 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $926 / mo

2 Days on Market

About This Home

As of September 2020

Don't let this one get away from you!
Just across from all the redevelopment at Riverside Park, this area is getting hot!
Great opportunity to own a three unit rental with great income potential!
We have received multiple offers.
Asking for highest and best by 8pm tonight. September 2nd.

Last Agent to Sell the Property

Gregory Mayo

Highgarden Real Estate License #RB16001045 Listed on: 08/31/2020

Highgarden Real Estate

Last Buyer's Agent

Ann Montgomery

Promisedst Place Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1931

Lot Details

  • 7,100 Sq Ft Lot

Home Design

  • Ranch Style House
  • Stone

Community Details

  • Browns Parkview Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for notapplic
  • Assessor Parcel Number 490627102004000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1931

Lot Details

7,100 Sq Ft Lot

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1931
  • Lot Size Acres: 0.163
  • Subdivision Name: BROWNS PARKVIEW
  • Inspection Warranties: Not Applicable
  • Property Description: Don't let this one get away from you! Just across from all the redevelopment at Riverside Park, this area is getting hot! Great opportunity to own a three unit rental with great income potential! We have received multiple offers. Asking for highest and best by 8pm tonight. September 2nd.
  • Transaction Type: Sale
  • Unit Count: 3
  • Conversion: 0
  • Special Features: None

Interior Features

  • Owner Pays: NotApplic
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: NoLaundry

Exterior Features

  • Construction Materials: Stone
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490627102004000101
  • Acres: <1/4 Acre
  • Lot Information: Access Street
  • Lot Number: 1
  • Lot Size: 7100

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 3796
  • Semi Annual Property Tax Amt: 1898
  • 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
Dec 7, 2020
Sold by
Bought by
Current Estimated Value
$126,000

Purchase Details

Listed on
Aug 31, 2020
Closed on
Sep 29, 2020
Sold by
Bought by
Seller's Agent
Gregory Mayo
Highgarden Real Estate
Buyer's Agent
Ann Montgomery
Promisedst Place Realty
List Price
$59,900
Sold Price
$70,000
Premium/Discount to List
$10,100
16.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.68%

Purchase Details

Closed on
Feb 11, 2015
Sold by
Bought by

Purchase Details

Closed on
Feb 21, 2014
Sold by
Bought by

Purchase Details

Closed on
Mar 2, 2007
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
$76,500
Interest Rate
6.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
-- None Available
$70,000 Nations Title Agency
-- None Available
$36,000 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
Previous Owner $76,500
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
09/29/2020 09/29/20 Sold $70,000 +16.9% $70 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
08/31/2020 08/31/20 For Sale $59,900 -- $60 / Sq Ft
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 $2,905 $127,000 $15,000 $112,000
2024 $3,042 $122,400 $15,000 $107,400
2023 $3,042 $122,400 $15,000 $107,400
2022 $3,462 $102,000 $15,000 $87,000
2021 $1,813 $72,800 $4,000 $68,800
2020 $2,491 $51,000 $4,000 $47,000
2019 $3,796 $49,000 $4,000 $45,000
2018 $1,065 $39,400 $4,000 $35,400
2017 $893 $36,200 $4,000 $32,200
2016 $861 $35,600 $4,000 $31,600
2014 $770 $35,600 $4,000 $31,600
2013 $795 $35,600 $4,000 $31,600
Source: Public Records

Agents Affiliated with this Home

  • Gregory Mayo

    Seller's Agent in 2020

    Gregory Mayo

    Highgarden Real Estate

    (317) 370-2847

    54 Total Sales

    Gregory Mayo
    Section Image

  • A

    Buyer's Agent in 2020

    Ann Montgomery

    Promisedst Place Realty

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21736233

MIBOR Broker Listing Cooperative®

APN: 49-06-27-102-004.000-101

Indiana Marion County Indianapolis 46208 Riverside

2859 E Riverside Dr, Indianapolis, IN

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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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