NOT LISTED FOR SALE

Estimated Value: $220,000 - $261,000

3 Beds
-- Bath
1,308 Sq Ft
$182/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $200,000 $153 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,450/month

22 Days on Market

About This Home

As of July 2022

Great Investment Opportunity Located in the Historic Meridian Park Neighborhood. Located Just 10 Minutes North of Downtown Indianapolis. Walk to The Children's Museum, Fall Creek Trail, or Ivy Tech Community College. Meridian Park is Situated Between Mapleton Fall Creek and Fall Creek Place...All Neighborhoods Continue to Enjoy New Growth and Investment. This Duplex Features 3 Bedrooms & 1 Bath w/ Nearly 1,400 Finished Square Footage Per Side, Plus Unfinished Basements. The Property is in Very Good Structural Condition...You Can Make a Small Cosmetic Investment and Rent for $900-$1000/Side, You Can Complete a Full Renovation and Rent for $1300-$1800/Side, or You Can Convert to Townhouses and Sell for $175K-$225K/Side. Lots of Options!!

Last Agent to Sell the Property

Matthew Kresse

Red Oak Real Estate Group Listed on: 06/08/2022

Last Buyer's Agent

Courtney Goodwyn

Snyder Strategy Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,340

Year Built

  • Built in 1923

Lot Details

  • 4,792 Sq Ft Lot
  • Partially Fenced Property

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 3-Story Property

Community Details

  • Addie Nichols N Park Add Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, lawncare
  • The owner pays for inshazard, taxes, sewer, trash collection, water
  • Assessor Parcel Number 490625100063000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,340

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1923
  • Lot Size Acres: 0.11
  • Structure Type: Duplex
  • Subdivision Name: ADDIE NICHOLS N PARK ADD
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Three Or More
  • Owner Pays: InsHazard, Taxes, Sewer, Trash Collection, Water
  • Sq Ft Main Upper: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel, Fence Partial
  • Foundation Details: Block

Garage/Parking

  • Unit Parking: On Street,1 Car Space,Unpaved

Utilities

  • Solid Waste: 0

Lot Info

  • Parcel Number: 490625100063000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Sidewalks
  • Lot Number: 3
  • Lot Size: 40 X 120

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Lawncare

Tax Info

  • Tax Annual Amount: 2340
  • Semi Annual Property Tax Amt: 1170
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

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

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2022 07/29/22 Sold $200,000 +0.1% $153 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $199,900 0.0% $153 / Sq Ft
06/09/2022 06/09/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $199,900 -- $153 / 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 $2,444 $159,900 $30,300 $129,600
2023 $2,444 $159,900 $30,300 $129,600
2022 $2,108 $151,500 $30,300 $121,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21862141

MIBOR Broker Listing Cooperative®

APN: 49-06-25-100-063.000-101