NOT LISTED FOR SALE

Estimated Value: $181,000 - $319,000

4 Beds
1 Bath
1,154 Sq Ft
$217/Sq Ft Est. Value

Last Sold October 13, 2017

Last sale price $78,250 $68 Per Sq Ft

Est. 219% increase in value since last sale

Current estimated payment $1,701/month

72 Days on Market

About This Home

As of October 2017

REDUCED! Located in an area where there is strong upward movement on properties. Lots of rehab going on. Cosmetic work needed but can make great opportunity for owner living on one side and tenant on the other. Nice location very close to downtown and bus stops. Great potential! Seller will make no repairs.

Last Agent to Sell the Property

Robin Curry

Marquee Real Estate License #RB15000864 Listed on: 08/01/2017

Co-Listed By

Noreen Cagle

Marquee Real Estate License #RB14043960

Last Buyer's Agent

Charles Barker

United Real Estate Indpls

United Real Estate Indpls

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Vinyl Siding

Community Details

  • Addie Nichols N Park Add Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, insurance, all utilities, water
  • The owner pays for taxes
  • Assessor Parcel Number 490625100036000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TradAmer
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1920
  • Co List Office Phone: 317-442-5260
  • Lot Size Acres: 0.11
  • Subdivision Name: ADDIE NICHOLS N PARK ADD
  • Inspection Warranties: Not Applicable
  • Property Description: REDUCED! Located in an area where there is strong upward movement on properties. Lots of rehab going on. Cosmetic work needed but can make great opportunity for owner living on one side and tenant on the other. Nice location very close to downtown and bus stops. Great potential! Seller will make no repairs.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Owner Pays: Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: Other

Utilities

  • Solid Waste: 1

Lot Info

  • Parcel Number: 490625100036000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Busline,Curbs,Sidewalks
  • Lot Number: 4
  • Lot Size: 4,792

Green Features

  • Green Certification Y N: 0

Rental Info

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

Tax Info

  • Tax Annual Amount: 2116
  • Semi Annual Property Tax Amt: 1058
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2023
Sold by
Perera Marcos C and Perera Laura N
Bought by
Perera Real Estate Llc-S Series 2955 & 2957 N
Current Estimated Value
$250,000

Purchase Details

Listed on
Aug 1, 2017
Closed on
Oct 12, 2017
Sold by
Llc
Bought by
Perera Marcos C and Perera Laura N
Seller's Agent
Robin Curry
Marquee Real Estate
Buyer's Agent
Charles Barker
United Real Estate Indpls
List Price
$99,900
Sold Price
$78,250
Premium/Discount to List
-$21,650
-21.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.54%
Original Mortgage
$58,687
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 22, 2012
Closed on
Mar 11, 2013
Sold by
Bowles Donna P
Bought by
Altai Properties Llc
Seller's Agent
Darlene Welling
Welling Real Estate Group at MS Woods
Buyer's Agent
Gina Rininger
Crossroads Real Estate Group LLC
List Price
$109,900
Sold Price
$46,000
Premium/Discount to List
-$63,900
-58.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.27%
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
Perera Real Estate Llc-S Series 2955 & 2957 N -- --
Perera Marcos C $78,300 --
Perera Marcos C $78,250 Title Solutions
Altai Properties Llc $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perera Marcos C $58,687
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2017 10/13/17 Sold $78,250 -13.0% $68 / Sq Ft
08/09/2017 08/09/17 Price Changed $89,900 -10.0% $78 / Sq Ft
08/01/2017 08/01/17 For Sale $99,900 +117.2% $87 / Sq Ft
03/11/2013 03/11/13 Sold $46,000 -58.1% $82 / Sq Ft View Prior Sale
02/26/2013 02/26/13 Pending -- -- --
10/22/2012 10/22/12 For Sale $109,900 -- $196 / 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 $4,672 $191,900 $30,300 $161,600
2023 $4,672 $191,900 $30,300 $161,600
2022 $3,981 $181,500 $30,300 $151,200
2021 $2,995 $124,800 $8,200 $116,600
2020 $2,893 $120,000 $8,200 $111,800
2019 $2,922 $119,000 $8,200 $110,800
2018 $2,484 $99,600 $8,200 $91,400
2017 $2,385 $107,200 $8,200 $99,000
2016 $2,222 $101,800 $8,200 $93,600
2014 $2,218 $102,600 $8,200 $94,400
2013 $2,277 $102,600 $8,200 $94,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21503717

MIBOR Broker Listing Cooperative®

APN: 49-06-25-100-036.000-101