NOT LISTED FOR SALE

2910 Winthrop Ave Indianapolis, IN 46205

Near Northside Neighborhood

Estimated Value: $169,000 - $182,000

1 Bed
-- Bath
620 Sq Ft
$283/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $137,500 $222 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,220/month

About This Home

As of March 2020

*INVESTOR ALERT!* Unique opportunity to buy 2 duplexes that neighbors. 2 duplexes, with 4 separate units total. Each unit has 1 bedroom, 1 bath & a basement for laundry and storage. Currently 2 units are rented for a total of $1,200. The owner is moving out of the southern unit that has a nicely finished side that would rent for $750-$850, & 1 gutted side that would rent for $850-$950 when finished. End goal would be to flip all tenants separately with the ability to fix up the units while still bringing in income. 1-3 year goal would be $1,000 per unit, bringing in $4,000 in rents monthly. The neighborhood currently has 8 rehab projects. The neighbor to the south just finished a remodel and listed for $394,200.

Last Agent to Sell the Property

J.J Canull

Indy Home Shop LLC License #RB14050789 Listed on: 02/24/2020

Last Buyer's Agent

Hayley Wild

Compass Indiana, LLC

Compass Indiana, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,292

Year Built

  • Built in 1910

Lot Details

  • 5,445 Sq Ft Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Additional Features

  • Basement

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for insurance
  • Assessor Parcel Number 490625122031000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,292

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1910
  • Lot Size Acres: 0.125
  • Structure Type: Duplex
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: *INVESTOR ALERT!* Unique opportunity to buy 2 duplexes that neighbors. 2 duplexes, with 4 separate units total. Each unit has 1 bedroom, 1 bath & a basement for laundry and storage. Currently 2 units are rented for a total of $1,200. The owner is moving out of the southern unit that has a nicely finished side that would rent for $750-$850, & 1 gutted side that would rent for $850-$950 when finished. End goal would be to flip all tenants separately with the ability to fix up the units while still bringing in income. 1-3 year goal would be $1,000 per unit, bringing in $4,000 in rents monthly. The neighborhood currently has 8 rehab projects. The neighbor to the south just finished a remodel and listed for $394,200.
  • Transaction Type: Sale
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: One
  • Owner Pays: Insurance
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 2584
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • List Price: 137500

Garage/Parking

  • Unit Parking: Parking Lot,Unpaved

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490625122031000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Curbs
  • Lot Number: 0
  • Lot Size: 5,445

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Net Operating Income: 1700
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1292
  • Semi Annual Property Tax Amt: 646
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2021
Sold by
King Joe
Bought by
Re Integrity Indy Llc
Current Estimated Value
$175,500

Purchase Details

Listed on
Feb 24, 2020
Closed on
Mar 16, 2020
Sold by
Indiana Hills Llc
Bought by
King Joe
Seller's Agent
J.J Canull
Indy Home Shop LLC
Buyer's Agent
Hayley Wild
Compass Indiana, LLC
List Price
$137,500
Sold Price
$137,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%
Original Mortgage
$113,500
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 24, 2020
Closed on
Feb 28, 2020
Sold by
Manges Cris
Bought by
Indiana Hills Llc
Seller's Agent
J.J Canull
Indy Home Shop LLC
Buyer's Agent
Hayley Wild
Compass Indiana, LLC
List Price
$137,500
Sold Price
$137,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,500
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 5, 2018
Sold by
Rader Allen
Bought by
Manges Cris

Purchase Details

Closed on
Feb 28, 2018
Sold by
Marcellus Rader Allen
Bought by
Cris Manges

Purchase Details

Closed on
Feb 22, 2011
Sold by
Silverleaf Financial 23 Llc
Bought by
Rader Allen

Purchase Details

Closed on
Jun 2, 2010
Sold by
Scott Damon
Bought by
Silverleaf Financial 23 Llc
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
Re Integrity Indy Llc -- None Available
King Joe $137,500 Investors Title Service
Indiana Hills Llc $107,500 Ata National Title
Manges Cris -- --
Cris Manges $15,900 --
Rader Allen -- Pacific Coast Title Company
Silverleaf Financial 23 Llc $17,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Indiana Hills Llc $113,500
Previous Owner Scott Damon $59,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $137,500 0.0% $222 / Sq Ft
02/25/2020 02/25/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $137,500 -- $222 / 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 $3,122 $126,400 $26,300 $100,100
2023 $3,122 $126,400 $26,300 $100,100
2022 $2,589 $119,800 $26,300 $93,500
2021 $1,965 $79,900 $4,400 $75,500
2020 $1,285 $77,700 $4,400 $73,300
2019 $1,124 $66,100 $4,400 $61,700
2018 $827 $47,400 $4,400 $43,000
2017 $805 $32,800 $4,400 $28,400
2016 $731 $30,000 $4,400 $25,600
2014 $627 $29,000 $4,400 $24,600
2013 $603 $29,000 $4,400 $24,600
Source: Public Records

Agents Affiliated with this Home

  • J.J Canull

    Seller's Agent in 2020

    J.J Canull

    Indy Home Shop LLC

    (317) 833-4302

    7 in this area

    101 Total Sales

    Section Image

  • H

    Buyer's Agent in 2020

    Hayley Wild

    Compass Indiana, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21696592

MIBOR Broker Listing Cooperative®

APN: 49-06-25-122-031.000-101

Indiana Marion County Indianapolis 46205 Near Northside

2910 Winthrop Ave, Indianapolis, IN

This home is located at 2910 Winthrop Ave, Indianapolis, IN 46205 since 24 February 2020 and is currently estimated at $175,500, approximately $283 per square foot. This property was built in 1910. 2910 Winthrop Ave is a home located in Marion County with nearby schools including Elder W. Diggs School 42, Northwest Middle School, and Arsenal Technical High School.

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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