NOT LISTED FOR SALE

Estimated Value: $218,000 - $458,000

3 Beds
2 Baths
1,230 Sq Ft
$306/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $133,000 $108 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $2,310/month

5 Days on Market

About This Home

As of October 2020

Incredible opportunity to buy a duplex through half it's renovation in this highly up and coming area. The house has all new plumbing, electrical, windows, and all the drywall in the house is new (no more plaster walls). You could rent out as a duplex or fix it up and sell each unit as a townhome. The seller had plans to renovate it completely but just had too many other projects he was working on. The rents in the area for a renovated house range from about $1,100 to 1,400 (depending of finishes)....EXCELLENT Cash on Cash Return. The floor plans in the pictures were for the future renovation. The duplex right behind it just pended and went for WAY more than it was listed for. Come see soon as this opportunity won't last long.

Last Agent to Sell the Property

David Barnes

F.C. Tucker Company License #RB14040452 Listed on: 09/10/2020

F.C. Tucker Company

Last Buyer's Agent

Annie Brodeur

Sentry Residential LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,072

Year Built

  • Built in 1900

Lot Details

  • 2,701

Home Design

  • Traditional Architecture
  • Block Foundation
  • Aluminum Siding

Additional Features

  • 2-Story Property
  • 2,701 Sq Ft Lot
  • Basement

Community Details

  • Ridenours Highland Home Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for taxes
  • Assessor Parcel Number 491006154014000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,072

Year Built

Built in 1900

Lot Details

2,701 Sq Ft Lot

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1900
  • Lot Size Acres: 0.062
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: RIDENOURS HIGHLAND HOME
  • Inspection Warranties: Not Applicable
  • Property Description: Incredible opportunity to buy a duplex through half it's renovation in this highly up and coming area. The house has all new plumbing, electrical, windows, and all the drywall in the house is new (no more plaster walls). You could rent out as a duplex or fix it up and sell each unit as a townhome. The seller had plans to renovate it completely but just had too many other projects he was working on. The rents in the area for a renovated house range from about $1,100 to 1,400 (depending of finishes)....EXCELLENT Cash on Cash Return. The floor plans in the pictures were for the future renovation. The duplex right behind it just pended and went for WAY more than it was listed for. Come see soon as this opportunity won't last long.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

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

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491006154014000101
  • Acres: <1/4 Acre
  • Lot Information: Corner,Sidewalks
  • Lot Number: 21
  • Lot Size: 2,701

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 2072
  • Semi Annual Property Tax Amt: 1036
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Oct 22, 2020
Sold by
David Barnes Investment Holdings Llc
Bought by
Real A Slice Investment Clubs Llc
Seller's Agent
David Barnes
F.C. Tucker Company
Buyer's Agent
Annie Brodeur
Sentry Residential LLC.
List Price
$120,000
Sold Price
$133,000
Premium/Discount to List
$13,000
10.83%
Current Estimated Value
$376,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,993
Avg. Annual Appreciation
21.63%
Original Mortgage
$234,680
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 26, 2019
Closed on
Sep 27, 2019
Sold by
Lta Retail Sales Inc
Bought by
David Barnes Investment Holdings Llc
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
David Barnes
F.C. Tucker Company
List Price
$115,000
Sold Price
$96,000
Premium/Discount to List
-$19,000
-16.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.82%

Purchase Details

Closed on
Mar 7, 2019
Sold by
Vaturi Star Property Llc
Bought by
Lta Retail Sales Inc

Purchase Details

Listed on
Dec 15, 2015
Closed on
Feb 16, 2016
Sold by
Willard Park Revitalization Llc
Bought by
Vanturi Star Property Llc
Seller's Agent
Tod Richardson
AH4R Management-IN, LLC
Buyer's Agent
Tod Richardson
AH4R Management-IN, LLC
List Price
$18,000
Sold Price
$8,000
Premium/Discount to List
-$10,000
-55.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.95%

Purchase Details

Closed on
Jun 2, 2011
Sold by
Newport Indiana Llc
Bought by
Willard Park Revitalization Llc

Purchase Details

Closed on
Jan 19, 2010
Sold by
Thigpen Allen and Blaze Bhence
Bought by
Newport Indiana Llc

Purchase Details

Closed on
Aug 28, 2006
Sold by
Triton 1 Properties Llc
Bought by
Thigpen Allen and Bhence Blaze
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Real A Slice Investment Clubs Llc $133,000 Chicago Title
David Barnes Investment Holdings Llc $96,000 Monument Title
Lta Retail Sales Inc $35,000 Meridian Title Corporation
Vanturi Star Property Llc -- First American Title Ins Co
Willard Park Revitalization Llc -- None Available
Newport Indiana Llc $3,032 None Available
Thigpen Allen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Real A Slice Investment Clubs Llc $234,680
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2020 10/22/20 Sold $133,000 +10.8% $108 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $120,000 +25.0% $98 / Sq Ft
10/10/2019 10/10/19 Sold $96,000 -3.0% $78 / Sq Ft View Prior Sale
09/12/2019 09/12/19 Pending -- -- --
09/08/2019 09/08/19 Price Changed $99,000 -4.8% $80 / Sq Ft
09/03/2019 09/03/19 Price Changed $104,000 -1.0% $85 / Sq Ft
08/23/2019 08/23/19 Price Changed $105,000 -6.2% $85 / Sq Ft
08/13/2019 08/13/19 Price Changed $111,900 -2.7% $91 / Sq Ft
07/26/2019 07/26/19 For Sale $115,000 +1337.5% $93 / Sq Ft
02/16/2016 02/16/16 Sold $8,000 -55.6% $7 / Sq Ft View Prior Sale
02/12/2016 02/12/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $18,000 +125.0% $15 / Sq Ft
01/19/2016 01/19/16 Off Market $8,000 -- --
12/15/2015 12/15/15 For Sale $18,000 -- $15 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $4,444 $189,100 $4,800 $184,300
2023 $4,444 $185,200 $4,800 $180,400
2022 $4,393 $173,300 $4,800 $168,500
2021 $2,895 $121,200 $11,200 $110,000
2020 $2,568 $110,900 $1,900 $109,000
2019 $2,483 $87,800 $1,900 $85,900
2018 $5,359 $85,800 $1,900 $83,900
2017 $1,841 $82,300 $1,900 $80,400
2016 $1,603 $74,700 $1,900 $72,800
2014 $1,516 $70,100 $1,900 $68,200
2013 $1,250 $70,100 $1,900 $68,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21737977

MIBOR Broker Listing Cooperative®

APN: 49-10-06-154-014.000-101

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