$148,000
SOLD JUL 2, 2019
-- Bed
-- Bath
1,198 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$124 Per Sq Ft

24% Below List Price

77 Days on Market

About This Home

As of May 2022

Fabulous Duplex in Arsenal Heights close to downtown. You will love the attention to detail with the woodwork, staircase and doors. Address for back address is 1610 Marlow. Fully tenanted with 301 tenant paying 700 per month with lease running from 8/24/18-7/31/19. 1610 Marlow unit pays 700 per month and lease runs from 12/1/18-11/30/19. Tenants pay all utilities.

Last Agent to Sell the Property

Charlene Gaard

No Limit Real Estate, LLC License #RB14033327 Listed on: 03/13/2019

Last Buyer's Agent

Pat Watkins

Mike Watkins Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,882

Year Built

  • Built in 1910

Home Design

  • Traditional Architecture

Interior Spaces

  • 2-Story Property

Community Details

  • L A Wrights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491006137030000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,882

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1910
  • Structure Type: Duplex
  • Subdivision Name: L A WRIGHTS
  • Inspection Warranties: Not Applicable
  • Property Description: Fabulous Duplex in Arsenal Heights close to downtown. You will love the attention to detail with the woodwork, staircase and doors. Address for back address is 1610 Marlow. Fully tenanted with 301 tenant paying 700 per month with lease running from 8/24/18-7/31/19. 1610 Marlow unit pays 700 per month and lease runs from 12/1/18-11/30/19. Tenants pay all utilities.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: Other
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Other
  • Disclosures: Not Applicable
  • List Price: 179900

Garage/Parking

  • Unit Parking: Other

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 491006137030000101
  • Acres: <1/4 Acre
  • Lot Information: Other
  • Lot Number: 0
  • Lot Size: 80x40

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Other

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1882
  • Semi Annual Property Tax Amt: 941
  • 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
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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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $291,300 None Listed On Document
Warranty Deed $291,300 None Listed On Document
Quit Claim Deed -- None Available
Limited Warranty Deed $148,000 Chicago Title
Special Warranty Deed -- Statewide Title Company Inc
Sheriffs Deed $93,839 None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $218,475 New Conventional
Closed $218,475 New Conventional
Closed $218,475 New Conventional
Previous Owner $111,000 New Conventional
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: MBR21625420

MIBOR Broker Listing Cooperative®

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