NOT LISTED FOR SALE

2905 E 16th St Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $161,000 - $176,170

1 Bed
-- Bath
819 Sq Ft
$204/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $162,500 $198 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,111/month

About This Home

As of May 2024

Rent ready 1 bed 1 bath per side brick duplex! Each side has a bedroom, living room, dining room, kitchen and bathroom plus a basement and 1 car garage. Freshly painted, new flooring and upgraded bathrooms and kitchens. One furnace is about a year old. Roof is 5 years old. Market rents are $800+ per side!

Last Agent to Sell the Property

Charlene Gaard

No Limit Real Estate, LLC Brokerage Email: charlenegaard@aol.com License #RB14033327 Listed on: 04/10/2024

Co-Listed By

Rob Gaard

No Limit Real Estate, LLC Brokerage Email: charlenegaard@aol.com License #RB17001433

Last Buyer's Agent

Shady Hanna

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,762

Year Built

  • Built in 1930

Lot Details

  • 3,833 Sq Ft Lot

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction

Additional Features

  • Basement

Community Details

  • Schleichers Oxford Subdivision

Listing and Financial Details

  • Tax Lot 49-07-32-101-002.000-101
  • Assessor Parcel Number 490732101002000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,762

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1930
  • Lot Size Acres: 0.09
  • Structure Type: Duplex
  • Subdivision Name: Schleichers Oxford
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: charlenegaard@aol.com
  • Attribution Contact: charlenegaard@aol.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: One
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Brick
  • Road Access: Street Cuts

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Laundry Features: Other
  • Solid Waste: Yes

Lot Info

  • Current Use: Apt<20
  • Lot Size Sq Ft: 3833
  • Parcel Number: 490732101002000101
  • Zoning: Duplex
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2762
  • Tax Lot: 49-07-32-101-002.000-101
  • Semi Annual Property Tax Amt: 1381

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
May 10, 2024
Sold by
Martinez Hugo Enrique Tellez and Ayala-Ortiz Yaneli
Bought by
Falk Elliott
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Shady Hanna
eXp Realty, LLC
List Price
$149,900
Sold Price
$162,500
Premium/Discount to List
$12,600
8.41%
Views
46
Current Estimated Value
$167,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,890
Avg. Annual Appreciation
2.05%
Original Mortgage
$154,375
Outstanding Balance
$152,173
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$15,217

Purchase Details

Listed on
Apr 10, 2024
Closed on
May 7, 2024
Sold by
Martinez Hugo Enrique Tellez and Ayala-Ortiz Yaneli
Bought by
Falk Elliott
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Shady Hanna
eXp Realty, LLC
List Price
$149,900
Sold Price
$162,500
Premium/Discount to List
$12,600
8.41%
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,375
Outstanding Balance
$152,173
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$15,217

Purchase Details

Closed on
Nov 22, 2019
Sold by
2905 East 16Th Street Land Trust
Bought by
Martinez Hugo Enrique Tellez and Martinez Ayala

Purchase Details

Closed on
May 30, 2014
Sold by
Vibrant Communities Llc
Bought by
2905 East 16Th Street Land Trust

Purchase Details

Closed on
Jan 24, 2014
Sold by
Marion County Auditor
Bought by
Marion County

Purchase Details

Closed on
Jan 23, 2014
Sold by
Mcginnis James S
Bought by
County Of Marion

Purchase Details

Closed on
Dec 6, 2006
Sold by
Mcginnis James S and Mcginnis Pamela S R
Bought by
Mcginnis James S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
8.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 29, 2006
Sold by
Us Bank Na
Bought by
Mcginnis James S and Mcginnis Pamela S R

Purchase Details

Closed on
Aug 28, 2006
Sold by
Richardson Stacey
Bought by
Us Bank Na
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
Falk Elliott -- Eagle Land Title
Falk Elliott $162,500 Eagle Land Title
Martinez Hugo Enrique Tellez -- None Available
2905 East 16Th Street Land Trust -- None Available
Marion County $10,000 --
Vibrant Communities Llc $10,000 None Available
County Of Marion $4,525 None Available
Mcginnis James S -- None Available
Mcginnis James S -- None Available
Us Bank Na $16,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Falk Elliott $154,375
Closed Falk Elliott $154,375
Previous Owner Mcginnis James S $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2024 05/10/24 Sold $162,500 +8.4% $198 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
04/10/2024 04/10/24 For Sale $149,900 -- $183 / 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 $2,792 $120,800 $5,800 $115,000
2023 $2,792 $114,000 $5,800 $108,200
2022 $2,848 $117,000 $5,800 $111,200
2021 $2,119 $88,200 $5,800 $82,400
2020 $2,104 $87,300 $2,300 $85,000
2019 $2,057 $83,700 $2,300 $81,400
2018 $2,011 $81,100 $2,300 $78,800
2017 $1,739 $78,300 $2,300 $76,000
2016 $1,683 $77,400 $2,300 $75,100
2014 $1,574 $72,800 $2,300 $70,500
2013 $1,604 $70,200 $2,300 $67,900
Source: Public Records

Agents Affiliated with this Home

  • Charlene Gaard

    Seller's Agent in 2024

    Charlene Gaard

    No Limit Real Estate, LLC

    (317) 440-2149

    44 in this area

    269 Total Sales

    Charlene Gaard
    Section Image
  • Rob Gaard

    Seller Co-Listing Agent in 2024

    Rob Gaard

    No Limit Real Estate, LLC

    (317) 445-1095

    11 in this area

    80 Total Sales

    Rob Gaard
    Section Image

  • S

    Buyer's Agent in 2024

    Shady Hanna

    eXp Realty, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21972472

MIBOR Broker Listing Cooperative®

APN: 49-07-32-101-002.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

2905 E 16th St, Indianapolis, IN

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