NOT LISTED FOR SALE

2926 E Southport Rd Indianapolis, IN 46227

Estimated Value: $432,000 - $650,735

2 Beds
-- Bath
-- Sq Ft
0.69 Acres

Last Sold September 02, 2020

Last sale price $399,000

Est. 36% increase in value since last sale

Current estimated payment $3,749/month

1 Day on Market

About This Home

As of September 2020

Meticulous maintained custom built 4 unit 2 level apartment building. Located in Old Town Southport.Mature tenants,non smoking building,coin operated washer & dryer. Park like back yard.
New Windows in 2018
Installed attic insulation in 2018
Replaced Garage door 2019
Replaced all tubs, sinks, toilets, & faucets in 2014 except for Apt 2 which were in very good condition.
Replaced kitchen and hallway flooring & carpet in 2019 Apt 2
Replaced all refrigerators & ranges in 2014 except for apt 3 which was in very good condition.
Replaced kitchen and hallway flooring, countertops, sink and faucet in Apt 1 in 2015.
Replaced kitchen flooring in Apt 4

Last Agent to Sell the Property

Daniel Shine

Shine Realty, LLC License #RB14032883 Listed on: 07/04/2020

Last Buyer's Agent

Richard Teeters

Keller Williams Indy Metro S License #RB14022313

Keller Williams Indy Metro S

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,518

Year Built

  • Built in 1961

Lot Details

  • 0.69 Acre Lot

Parking

  • 4 Car Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Additional Features

  • Basement

Listing and Financial Details

  • Tenant pays for electricity, gas, insurance, all utilities
  • The owner pays for electricity, gas, inshazard, lawncare, taxes, sewer, trash collection, water
  • Assessor Parcel Number 491508123003000513

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,518

Year Built

Built in 1961

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1961
  • Co List Office Phone: 317-782-3333
  • Lot Size Acres: 0.69
  • Road Surface Type: Asphalt
  • Structure Type: Apartment Building, Quadruplex, FreeStand
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Meticulous maintained custom built 4 unit 2 level apartment building. Located in Old Town Southport.Mature tenants,non smoking building,coin operated washer & dryer. Park like back yard. New Windows in 2018 Installed attic insulation in 2018 Replaced Garage door 2019 Replaced all tubs, sinks, toilets, & faucets in 2014 except for Apt 2 which were in very good condition. Replaced kitchen and hallway flooring & carpet in 2019 Apt 2 Replaced all refrigerators & ranges in 2014 except for apt 3 which was in very good condition. Replaced kitchen and hallway flooring, countertops, sink and faucet in Apt 1 in 2015. Replaced kitchen flooring in Apt 4
  • Transaction Type: Sale
  • Unit Count: 4
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Owner Pays: Electricity, Gas, InsHazard, Lawncare, Taxes, Sewer, Trash Collection, Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Common

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Block
  • List Price: 399000
  • Road Access: CityStreet

Garage/Parking

  • Garage Spaces: 4
  • Unit Parking: 1 Car Garage,Guest Parking
  • Auto Parking: 4
  • Auto Surface: concrete

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 320
  • Insurance Expenses: 367

Lot Info

  • Current Use: Apt<20
  • Parcel Number: 491508123003000513
  • Zoning: multifamily
  • Acres: 1/2-1 Acre
  • Lot Information: Corner,Irregular,Sidewalks,Suburban
  • Lot Number: 2
  • Lot Size: 29839

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance, All Utilities

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 6518
  • Semi Annual Property Tax Amt: 3259
  • Tax Exemption: None

MLS Schools

  • School District: Perry Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2020
Closed on
Sep 2, 2020
Sold by
Walters Robert J
Bought by
Mcgoff John and Mcgoff Christine
Seller's Agent
Daniel Shine
Shine Realty, LLC
Buyer's Agent
Richard Teeters
Keller Williams Indy Metro S
List Price
$399,000
Sold Price
$399,000
Current Estimated Value
$541,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,368
Avg. Annual Appreciation
6.37%
Original Mortgage
$283,500
Interest Rate
2.9%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Mcgoff John $399,000 Security Title
Mcgoff John $399,000 Security Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcgoff John $283,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2020 09/02/20 Sold $399,000 0.0% --
07/06/2020 07/06/20 Pending -- -- --
07/04/2020 07/04/20 For Sale $399,000 -- --
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 $9,414 $621,100 $70,000 $551,100
2023 $9,414 $363,800 $35,000 $328,800
2022 $7,280 $278,300 $35,000 $243,300
2021 $6,765 $254,800 $31,800 $223,000
2020 $6,962 $261,200 $31,800 $229,400
2019 $6,718 $250,700 $31,800 $218,900
2018 $6,630 $250,700 $31,800 $218,900
2017 $6,520 $246,500 $31,800 $214,700
2016 $6,316 $238,300 $31,800 $206,500
2014 $6,014 $248,000 $31,800 $216,200
2013 $6,033 $248,100 $31,900 $216,200
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Daniel Shine

    Shine Realty, LLC

    Section Image

  • R

    Buyer's Agent in 2020

    Richard Teeters

    Keller Williams Indy Metro S

    (317) 736-0051

    1 in this area

    12 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21722961

MIBOR Broker Listing Cooperative®

APN: 49-15-08-123-003.000-513

Indiana Marion County Indianapolis 46227

2926 E Southport Rd, Indianapolis, IN

This home is located at 2926 E Southport Rd, Indianapolis, IN 46227 since 04 July 2020 and is currently estimated at $541,368. This property was built in 1961. 2926 E Southport Rd is a home located in Marion County with nearby schools including Southport Elementary School, Southport 6th Grade Academy, and Southport Middle School.

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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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