NOT LISTED FOR SALE

3004 E Michigan St Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $204,000 - $219,000

4 Beds
-- Bath
1,376 Sq Ft
$154/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $62,000 $45 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $1,497/month

8 Days on Market

About This Home

As of May 2019

With some new flooring and a fresh coat of paint this is a great money maker. 3 bedrooms 2 baths per side make it an easy rental as tenants love having a bathroom on the main level as well as upstairs. Located on busy street with easy access to downtown let this be your next money-maker! Currently vacant so buyer can place own tenants.

Last Agent to Sell the Property

Charlene Gaard

No Limit Real Estate, LLC License #RB14033327 Listed on: 05/18/2019

Last Buyer's Agent

Cheryl Woodrum

United Real Estate Indpls

United Real Estate Indpls

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 3,049

Home Design

  • Colonial Architecture
  • Aluminum Siding

Additional Features

  • 2-Story Property
  • 3,049 Sq Ft Lot

Community Details

  • Langes E Michigan St Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for insurance, taxes
  • Assessor Parcel Number 491005155035000101

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: Colonial
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1920
  • Lot Size Acres: 0.07
  • Structure Type: Duplex
  • Subdivision Name: LANGES E MICHIGAN ST
  • Inspection Warranties: LeadBasePaint
  • Property Description: With some new flooring and a fresh coat of paint this is a great money maker. 3 bedrooms 2 baths per side make it an easy rental as tenants love having a bathroom on the main level as well as upstairs. Located on busy street with easy access to downtown let this be your next money-maker! Currently vacant so buyer can place own tenants.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: Insurance, Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: NoLaundry

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Lot Info

  • Parcel Number: 491005155035000101
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks
  • Lot Number: 7
  • Lot Size: 0.00 AC

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 2900
  • Semi Annual Property Tax Amt: 1450
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2024
Sold by
Hernandez Yoan
Bought by
1-2-3 Investments Llc
Current Estimated Value
$211,500

Purchase Details

Listed on
May 18, 2019
Closed on
Jun 1, 2019
Sold by
Phuoc Vu Jonny
Bought by
Phuoc Vu Yoan
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Cheryl Woodrum
United Real Estate Indpls
List Price
$65,000
Sold Price
$62,000
Premium/Discount to List
-$3,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.10%

Purchase Details

Closed on
Dec 26, 2014
Sold by
Rjj Indy Props Llc
Bought by
Vu Jonny Phuoc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,250
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2013
Sold by
Spiro Peter
Bought by
Spiro Peter

Purchase Details

Closed on
Mar 27, 2013
Sold by
Burton Linda C
Bought by
Spiro Peter

Purchase Details

Listed on
Dec 10, 2012
Closed on
Dec 19, 2012
Sold by
Sahi Varinder
Bought by
Burton Linda C
Seller's Agent
Ron Sutton
Ron Sutton
Buyer's Agent
Linda Burton
Berkshire Hathaway Home
List Price
$12,000
Sold Price
$8,711
Premium/Discount to List
-$3,289
-27.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.15%

Purchase Details

Closed on
Sep 28, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Sahi Varinder

Purchase Details

Closed on
Jan 8, 2010
Sold by
The Bank Of New York Mellon
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Dec 31, 2009
Sold by
Casas Eliseo
Bought by
The Bank Of New York Mellon and The Bank Of New York
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
1-2-3 Investments Llc -- --
Phuoc Vu Yoan $62,000 Monument Title Insurance Compa
Vu Jonny Phuoc -- Mtc
Spiro Peter -- --
Spiro Peter $73,400 --
Burton Linda C $8,700 --
Sahi Varinder -- Security Title
The Secretary Of Housing & Urban Develop -- None Available
The Bank Of New York Mellon $76,240 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vu Jonny Phuoc $41,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2019 05/31/19 Sold $62,000 -4.6% $45 / Sq Ft
05/27/2019 05/27/19 Pending -- -- --
05/18/2019 05/18/19 For Sale $65,000 +646.2% $47 / Sq Ft
12/19/2012 12/19/12 Sold $8,711 -27.4% $13 / Sq Ft View Prior Sale
12/11/2012 12/11/12 Pending -- -- --
12/10/2012 12/10/12 For Sale $12,000 -- $17 / 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 $4,679 $204,800 $5,200 $199,600
2023 $4,679 $192,200 $5,200 $187,000
2022 $4,486 $185,000 $5,200 $179,800
2021 $3,761 $158,000 $5,200 $152,800
2020 $3,958 $166,000 $1,800 $164,200
2019 $3,739 $153,600 $1,800 $151,800
2018 $2,960 $119,600 $1,800 $117,800
2017 $2,589 $116,800 $1,800 $115,000
2016 $1,961 $89,200 $1,800 $87,400
2014 $1,591 $73,600 $1,800 $71,800
2013 $697 $50,400 $1,800 $48,600
Source: Public Records

Agents Affiliated with this Home

  • Charlene Gaard

    Seller's Agent in 2019

    Charlene Gaard

    No Limit Real Estate, LLC

    (317) 440-2149

    44 in this area

    270 Total Sales

    Charlene Gaard
    Section Image

  • C

    Buyer's Agent in 2019

    Cheryl Woodrum

    United Real Estate Indpls

    Section Image

  • R

    Seller's Agent in 2012

    Ron Sutton

    Ron Sutton

    Section Image

  • L

    Buyer's Agent in 2012

    Linda Burton

    Berkshire Hathaway Home

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21641608

MIBOR Broker Listing Cooperative®

APN: 49-10-05-155-035.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

3004 E Michigan St, Indianapolis, IN

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