NOT LISTED FOR SALE

Estimated Value: $260,000 - $314,000

4 Beds
-- Bath
1,510 Sq Ft
$190/Sq Ft Est. Value

Last Sold December 14, 2017

Last sale price $123,000 $81 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $2,005/month

58 Days on Market

About This Home

As of December 2017

Historic all brick duplex, featuring hardwood floors, built-in cabinets/bookshelves, large room sizes, wood burning fireplaces, full basements, laundry rooms, large covered front porches and large back yards. Free street parking and access to alley in back.

Last Agent to Sell the Property

Jerry Gemmecke

F.C. Tucker Company License #RB15000799 Listed on: 09/19/2017

F.C. Tucker Company

Co-Listed By

Frances Leath

F.C. Tucker Company License #RB16001590

Last Buyer's Agent

Dr. Tom Galovic

eXp Realty LLC

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,780

Year Built

  • Built in 1910

Lot Details

  • 4,661

Home Design

  • Brick Exterior Construction

Additional Features

  • 2-Story Property
  • 4,661 Sq Ft Lot
  • Basement

Community Details

  • Addie Nichols N Park Add Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, carpet cleaning, electricity, gas, insurance
  • The owner pays for taxes, sewer, trash collection, water
  • Assessor Parcel Number 490625100027000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,780

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Doub-Duplx
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1910
  • Co List Office Phone: 317-844-4200
  • Lot Size Acres: 0.107
  • Road Frontage Type: City Street
  • Subdivision Name: ADDIE NICHOLS N PARK ADD
  • Inspection Warranties: Not Applicable
  • Property Description: Historic all brick duplex, featuring hardwood floors, built-in cabinets/bookshelves, large room sizes, wood burning fireplaces, full basements, laundry rooms, large covered front porches and large back yards. Free street parking and access to alley in back.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two, Basement
  • Owner Pays: Taxes, Sewer, Trash Collection, Water
  • Possible Use: Residential
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • List Price: 140000
  • Construction Stage: Completed
  • Road Access: CityStreet

Garage/Parking

  • Unit Parking: On Street,Paved Area

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 490625100027000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Sidewalks,Zoned
  • Lot Number: 13
  • Lot Size: 39 X 120

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Carpet Cleaning, Electricity, Gas, Insurance

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2780
  • Semi Annual Property Tax Amt: 1390
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2017
Closed on
Dec 14, 2017
Sold by
Cassandra Mehlman
Bought by
David Cunningham
Seller's Agent
Jerry Gemmecke
F.C. Tucker Company
Buyer's Agent
Dr. Tom Galovic
eXp Realty LLC
List Price
$140,000
Sold Price
$123,000
Premium/Discount to List
-$17,000
-12.14%
Current Estimated Value
$287,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,000
Avg. Annual Appreciation
11.38%

Purchase Details

Closed on
Nov 15, 2006
Sold by
Hale Michael Craig
Bought by
Mehlman Cassandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.52%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 31, 2006
Sold by
Hale Michael Craig
Bought by
Mehlman Cassandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.52%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 27, 2006
Sold by
Fern Group Construction Llc
Bought by
Hale Michael Craig
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
David Cunningham $123,000 --
Cunningham David $123,000 National Title
Mehlman Cassandra -- None Available
Mehlman Cassandra -- None Available
Hale Michael Craig -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mehlman Cassandra $110,000
Previous Owner Mehlman Cassandra $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2017 12/14/17 Sold $123,000 -12.1% $81 / Sq Ft
11/17/2017 11/17/17 Pending -- -- --
10/16/2017 10/16/17 For Sale $140,000 0.0% $93 / Sq Ft
09/28/2017 09/28/17 Pending -- -- --
09/19/2017 09/19/17 For Sale $140,000 -- $93 / 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 $5,997 $247,000 $29,600 $217,400
2023 $5,997 $247,000 $29,600 $217,400
2022 $5,255 $232,800 $29,600 $203,200
2021 $3,949 $165,400 $8,000 $157,400
2020 $3,809 $158,800 $8,000 $150,800
2019 $3,845 $157,400 $8,000 $149,400
2018 $3,262 $131,600 $8,000 $123,600
2017 $3,122 $141,200 $8,000 $133,200
2016 $2,902 $133,800 $8,000 $125,800
2014 $2,919 $135,000 $8,000 $127,000
2013 $2,807 $135,000 $8,000 $127,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21510771

MIBOR Broker Listing Cooperative®

APN: 49-06-25-100-027.000-101