NOT LISTED FOR SALE

Estimated Value: $339,000 - $362,000

2 Beds
-- Bath
1,198 Sq Ft
$291/Sq Ft Est. Value

Last Sold May 17, 2022

Last sale price $291,300 $243 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,427/month

32 Days on Market

About This Home

As of May 2022

Updated duplex in the Arsenal Heights area. Each unit consists of 3 bedrooms, 1 bath and is approximately 1190 sf. Updates to both units include new laminate flooring on the first floor, carpet on the stairs and upstairs, new appliances, interior paint, blinds, fixtures and more. Convenient to downtown and interstates.

Last Agent to Sell the Property

Pat Watkins

Mike Watkins Real Estate Group Listed on: 03/03/2022

Co-Listed By

Christopher Watkins

Mike Watkins Real Estate Group

Last Buyer's Agent

Meighan Wise

Berkshire Hathaway Home

Berkshire Hathaway Home

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,084

Year Built

  • Built in 1910

Lot Details

  • 3,180

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Additional Features

  • 2-Story Property
  • 3,180 Sq Ft Lot
  • Basement

Community Details

  • La Wright Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for taxes
  • Assessor Parcel Number 491006137030000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,084

Year Built

Built in 1910

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: 2020
  • Year Built: 1910
  • Co List Office Phone: 317-882-6453
  • Lot Size Acres: 0.073
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: LA WRIGHT
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: Taxes
  • Sq Ft Main Upper: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Not Applicable
  • Foundation Details: Block
  • List Price: 335000
  • Road Access: CityStreet
  • Interstate: Ramp<1Mi

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: Yes
  • Current Use: See Remarks
  • Parcel Number: 491006137030000101
  • Zoning: Res
  • Acres: <1/4 Acre
  • Lot Information: Corner
  • Lot Number: 21
  • Lot Size: 3180

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3084
  • Semi Annual Property Tax Amt: 1542
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
May 25, 2022
Sold by
Homegrown Management Llc
Bought by
Delos Santos Obet and De Los Santos
Seller's Agent
Pat Watkins
Mike Watkins Real Estate Group
Buyer's Agent
Meighan Wise
Berkshire Hathaway Home
List Price
$335,000
Sold Price
$291,300
Premium/Discount to List
-$43,700
-13.04%
Current Estimated Value
$348,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,766
Avg. Annual Appreciation
5.41%
Original Mortgage
$218,475
Outstanding Balance
$207,547
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$140,520

Purchase Details

Listed on
Mar 3, 2022
Closed on
May 18, 2022
Sold by
Homegrown Management Llc
Bought by
Delos Santos Obet and De Los Santos
Seller's Agent
Pat Watkins
Mike Watkins Real Estate Group
Buyer's Agent
Meighan Wise
Berkshire Hathaway Home
List Price
$335,000
Sold Price
$291,300
Premium/Discount to List
-$43,700
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,475
Outstanding Balance
$207,547
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$140,520

Purchase Details

Listed on
Mar 3, 2022
Closed on
May 17, 2022
Sold by
Homegrown Management Llc
Bought by
Delos Santos Obet and De Los Santos
Seller's Agent
Pat Watkins
Mike Watkins Real Estate Group
Buyer's Agent
Meighan Wise
Berkshire Hathaway Home
List Price
$335,000
Sold Price
$291,300
Premium/Discount to List
-$43,700
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,475
Outstanding Balance
$207,547
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$140,520

Purchase Details

Closed on
Dec 6, 2019
Sold by
Morin Andrew
Bought by
Homegrown Management Llc

Purchase Details

Listed on
Mar 13, 2019
Closed on
Jun 28, 2019
Sold by
Vaturi Star Properties Llc
Bought by
Morin Andrea
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Pat Watkins
Mike Watkins Real Estate Group
List Price
$195,000
Sold Price
$148,000
Premium/Discount to List
-$47,000
-24.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.64%
Original Mortgage
$111,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2010
Sold by
Fannie Mae
Bought by
Vaturi Yehuda E

Purchase Details

Closed on
Apr 23, 2010
Sold by
Cross Jesse R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 1, 2005
Sold by
Cross Jesse
Bought by
Rutters Llc
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
Delos Santos Obet -- None Listed On Document
Delos Santos Obet $291,300 None Listed On Document
Delos Santos Obet $291,300 None Listed On Document
Homegrown Management Llc -- None Available
Morin Andrea $148,000 Chicago Title
Vaturi Yehuda E -- Statewide Title Company Inc
Federal National Mortgage Association $93,839 None Available
Rutters Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delos Santos Obet $218,475
Closed Delos Santos Obet $218,475
Closed Delos Santos Obet $218,475
Previous Owner Morin Andrea $111,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2022 05/17/22 Sold $291,300 -13.0% $243 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $335,000 +126.4% $280 / Sq Ft
07/02/2019 07/02/19 Sold $148,000 -17.7% $124 / Sq Ft
05/30/2019 05/30/19 Pending -- -- --
04/24/2019 04/24/19 Price Changed $179,900 -2.8% $150 / Sq Ft
04/15/2019 04/15/19 Price Changed $185,000 -5.1% $154 / Sq Ft
03/13/2019 03/13/19 For Sale $195,000 -- $163 / 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 $6,970 $288,800 $46,500 $242,300
2023 $6,970 $288,800 $46,500 $242,300
2022 $4,472 $184,400 $34,900 $149,500
2021 $3,849 $161,800 $34,900 $126,900
2020 $3,199 $133,200 $17,400 $115,800
2019 $3,054 $124,600 $17,400 $107,200
2018 $2,350 $94,000 $17,400 $76,600
2017 $1,990 $88,600 $17,400 $71,200
2016 $1,948 $88,600 $17,400 $71,200
2014 $1,838 $85,000 $17,400 $67,600
2013 $1,767 $85,000 $17,400 $67,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21840487

MIBOR Broker Listing Cooperative®

APN: 49-10-06-137-030.000-101