NOT LISTED FOR SALE

Estimated Value: $258,000 - $277,000

4 Beds
2 Baths
810 Sq Ft
$329/Sq Ft Est. Value

Last Sold April 09, 2024

Last sale price $251,000 $310 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,641/month

1 Day on Market

Highlights

  • Ranch Style House
  • Shed
  • Baseboard Heating
  • Corner Lot

About This Home

As of April 2024

Prime investment opportunity in a great location! This duplex boasts two units (each 810 sqft), each featuring 2 bedrooms, 1 full bathroom, a functional kitchen, and a spacious great room. All-electric units with water expenses covered by the seller, and trash included in taxes. With an estimated rent of approximately $1,100 per month, this lucrative property is poised to lease out swiftly. Both units have newer gutters and newer roofs on the home, carports & sheds which are only 2.5 years old, new ovens, garbage disposals and ceiling fans. 2861 S Kenyon Dr. Unit has new interior paint, flooring, dishwasher is 2 yrs, water heater 3yrs. Both units are well appointed. Duplex is tucked away in the middle of an established neighborhood. Great location with large yards and mature trees. Don't miss out on this turnkey investment in a thriving rental market!

Last Agent to Sell the Property

John Long

Coldwell Banker - Kaiser Brokerage Email: John@cbkaiser.com License #RB14039031 Listed on: 03/08/2024

Coldwell Banker - Kaiser

Last Buyer's Agent

Chandan Saha

United Real Estate Indpls

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,102

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 0.45 Acre Lot
  • Corner Lot

Parking

  • Carport

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Additional Features

  • Laundry on main level
  • Crawl Space
  • Shed
  • Suburban Location

Community Details

  • Glennroy Village Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, insurance
  • The owner pays for taxes, water
  • Legal Lot and Block 491023120030000700 / 3
  • Assessor Parcel Number 491023120030000700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,102

Year Built

Built in 1961 | Remodeled

Lot Details

0.45 Acres

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1961
  • Lot Size Acres: 0.45
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: Glennroy Village
  • Inspection Warranties: General,Other
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: John@cbkaiser.com
  • Attribution Contact: John@cbkaiser.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: Taxes, Water
  • Possible Use: Residential
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Construction Materials: Brick
  • Direction Faces: North
  • Disclosures: Not Applicable
  • Exterior Features: Barn Storage
  • Foundation Details: Crawl Space
  • Property Condition: Updated/Remodeled
  • View Y N: No
  • Waterfront: No
  • Road Access: Access Rd

Garage/Parking

  • Carport Spaces: 1
  • Parking Features: Carport
  • Unit Parking: Covered

Utilities

  • Cooling: Window Unit(s)
  • Heating: Baseboard, Electric
  • Laundry Features: Laundry Closet, Main Level
  • Solid Waste: Yes

Lot Info

  • Lot Features: Corner Lot, Suburb
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 19558
  • Parcel Number: 491023120030000700
  • Acres: 1/4-1/2 Acre

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Cable TV, Electricity, Insurance

Multi Family

  • Net Operating Income: 25200

Tax Info

  • Tax Annual Amount: 2102
  • Tax Block: 3
  • Tax Lot: 491023120030000700
  • Semi Annual Property Tax Amt: 1051
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Apr 9, 2024
Sold by
Hancock Todd Leo and Hancock Kimberly Jean
Bought by
Dey Asim and Dey Kuhely
Seller's Agent
John Long
Coldwell Banker - Kaiser
Buyer's Agent
Chandan Saha
United Real Estate Indpls
List Price
$259,900
Sold Price
$251,000
Premium/Discount to List
-$8,900
-3.42%
Views
30
Current Estimated Value
$266,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,629
Avg. Annual Appreciation
3.16%
Original Mortgage
$200,800
Outstanding Balance
$197,126
Interest Rate
7.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
$69,503

Purchase Details

Closed on
Dec 7, 2011
Sold by
Hancock Kimberly Jean and Estate Of Clayton Ellis
Bought by
Hancock Todd Leo and Hancock Kimberly Jean
Source: Public Records
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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
Dey Asim $251,000 None Listed On Document
Hancock Todd Leo -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dey Asim $200,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2024 04/09/24 Sold $251,000 -3.4% $310 / Sq Ft
03/10/2024 03/10/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $259,900 -- $321 / Sq Ft
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 $3,051 $125,600 $21,100 $104,500
2023 $3,051 $124,800 $21,100 $103,700
2022 $2,216 $92,700 $21,100 $71,600
2021 $2,271 $95,100 $21,100 $74,000
2020 $2,233 $93,500 $21,100 $72,400
2019 $2,102 $87,600 $16,000 $71,600
2018 $1,887 $78,100 $16,000 $62,100
2017 $1,593 $71,800 $16,000 $55,800
2016 $1,530 $68,800 $16,000 $52,800
2014 $1,260 $63,000 $16,000 $47,000
2013 $1,242 $62,200 $16,000 $46,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21965287

MIBOR Broker Listing Cooperative®

APN: 49-10-23-120-030.000-700

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