NOT LISTED FOR SALE

Estimated Value: $454,000 - $820,000

2 Beds
3 Baths
2,340 Sq Ft
$234/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $370,000 $158 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,382/month

63 Days on Market

About This Home

As of September 2019

Hard to find large Brick double next to Clay Terrace, close to Monon trail and Carmel’s art district. Wonderful location. 2 bedroom, 2 1/2 bath, each unit has their own fireplace and basement on each side. Plus 4 car garage. Lots of upgrades such as: windows, roof, water heaters, garage doors, appliances and flooring. Seller lives in one side and rents the other side. Well maintained by seller. Seller uses 4 car garage for personal use and storage.

Last Agent to Sell the Property

Steve Decatur

CENTURY 21 Scheetz License #RB14033345 Listed on: 04/19/2019

CENTURY 21 Scheetz

Co-Listed By

Jan Sutton

CENTURY 21 Scheetz License #RB14030339

Last Buyer's Agent

Stephen Decatur

CENTURY 21 Scheetz

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,712

Year Built

  • Built in 1973

Lot Details

  • 0.59

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Additional Features

  • 2-Story Property
  • 0.59 Acre Lot
  • Basement

Community Details

  • Walters Plaza Subdivision

Listing and Financial Details

  • Tenant pays for insurance, all utilities
  • The owner pays for no utilities
  • Assessor Parcel Number 290924207014000018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,712

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican, Two Story
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1973
  • Co List Office Phone: 317-705-2500
  • Lot Size Acres: 0.59
  • Structure Type: Duplex
  • Subdivision Name: WALTERS PLAZA
  • Inspection Warranties: Not Applicable
  • Property Description: Hard to find large Brick double next to Clay Terrace, close to Monon trail and Carmel’s art district. Wonderful location. 2 bedroom, 2 1/2 bath, each unit has their own fireplace and basement on each side. Plus 4 car garage. Lots of upgrades such as: windows, roof, water heaters, garage doors, appliances and flooring. Seller lives in one side and rents the other side. Well maintained by seller. Seller uses 4 car garage for personal use and storage.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: No Utilities
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections None,Other

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Block, Full

Garage/Parking

  • Unit Parking: 2 Car Garage,Paved Area

Utilities

  • Solid Waste: 1

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 290924207014000018
  • Acres: 1/2-1 Acre
  • Lot Information: Access Street,Tree Mature,Wooded
  • Lot Number: 16
  • Lot Size: 25700 sqft

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Insurance, All Utilities

Tax Info

  • Tax Annual Amount: 4712
  • Semi Annual Property Tax Amt: 2356
  • Tax Exemption: None

MLS Schools

  • School District: Carmel Clay Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2019
Closed on
Sep 26, 2019
Sold by
Mustad Hans
Bought by
Karske Justin
Seller's Agent
Steve Decatur
CENTURY 21 Scheetz
Buyer's Agent
Stephen Decatur
CENTURY 21 Scheetz
List Price
$399,500
Sold Price
$370,000
Premium/Discount to List
-$29,500
-7.38%
Current Estimated Value
$547,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,188
Avg. Annual Appreciation
6.56%
Original Mortgage
$277,500
Outstanding Balance
$243,104
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$304,084

Purchase Details

Closed on
Nov 20, 2006
Sold by
The National Bank Of Indianapolis
Bought by
Mustad Hans

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2006
Sold by
Mustad Hans
Bought by
Mustad Hans and Mustad Fay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2005
Sold by
Walter Alberta and Walter Charles F
Bought by
The National Bank Of Indianapolis

Purchase Details

Closed on
Jan 20, 2005
Sold by
Walter Alberta
Bought by
Walter Alberta
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Karske Justin -- Enterprise Title
Mustad Hans -- None Available
Mustad Hans -- None Available
The National Bank Of Indianapolis -- --
Walter Alberta -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karske Justin $277,500
Previous Owner Mustad Hans $159,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2019 09/30/19 Sold $370,000 -7.4% $158 / Sq Ft
06/22/2019 06/22/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $399,500 -- $171 / 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 $5,905 $279,800 $80,600 $199,200
2023 $5,905 $292,900 $80,600 $212,300
2022 $6,479 $314,100 $36,000 $278,100
2021 $6,053 $292,100 $36,000 $256,100
2020 $5,565 $268,500 $36,000 $232,500
2019 $4,580 $222,900 $36,000 $186,900
2018 $4,777 $234,700 $36,000 $198,700
2017 $4,712 $232,300 $36,000 $196,300
2016 $4,542 $221,700 $36,000 $185,700
2014 $4,301 $219,800 $36,000 $183,800
2013 $4,301 $214,200 $36,000 $178,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21635133

MIBOR Broker Listing Cooperative®

APN: 29-09-24-207-014.000-018