NOT LISTED FOR SALE

305 W Morris St Indianapolis, IN 46225

Old Southside Neighborhood

Estimated Value: $210,000 - $228,000

3 Beds
-- Bath
1,309 Sq Ft
$166/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $169,000 $129 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,495/month

1 Day on Market

About This Home

As of October 2021

CALLING ALL INVESTORS!! Check out this awesome 2 bed double. One side is vacant, ready to rent, and easy to show. The other side has a month-to-month tenant. Located in close proximity to Lucas Oil Stadium. Is this the house hacking opportunity you've been looking for??

Last Agent to Sell the Property

Kristine Bashenow

Real Broker, LLC License #RB16001911 Listed on: 08/24/2021

Co-Listed By

Olivia Hume

F.C. Tucker Company License #RB21000565

Last Buyer's Agent

Alex Montagano

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,378

Year Built

  • 1900

Lot Details

  • 2,178

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,378

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Residential Units - 1 to 4
  • Inspection Warranties: Other
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Architectural Style: TraditonalAmerican
  • Co List Office Mls Id: MBRTUCK31
  • Co List Office Phone: 317-686-0612
  • Directions: 65 SOUTH TO 70 WEST, EXIT AT WEST STREET, TURN LEFT TO MORRIS THEN LEFT.
  • New Construction: No
  • Structure Type: Duplex
  • Subdivision Name: WRIGHTS MORRIS ST
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Sq Ft Main Upper: 0
  • Laundry: Connections None
  • Basement YN: Yes
  • Owner Pays: NotApplic
  • Possible Use: Residential

Exterior Features

  • Foundation Details: Brick
  • Interstate: Ramp<1Mi
  • Construction Type: Vinyl Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Access Street,Busline,Sidewalks
  • Lot Number: 2
  • Lot Size: 30 X 73

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Semi Annual Property Tax Amt: 1189
  • Tax Exemption: None
  • Tax Annual Amount: 2378
  • Tax Year: 2020

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2024
Sold by
Platinum Home Rentals Llc
Bought by
Tanaka Spencer William
Current Estimated Value
$217,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$278,086
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
-$28,308

Purchase Details

Closed on
Mar 2, 2022
Sold by
William Tanaka Spencer
Bought by
Platinum Home Rentals Llc

Purchase Details

Listed on
Aug 24, 2021
Closed on
Oct 29, 2021
Sold by
Kelly Park Homes Llc
Bought by
Tanaka Spencer William
Seller's Agent
Kristine Bashenow
Real Broker, LLC
Buyer's Agent
Alex Montagano
eXp Realty, LLC
List Price
$146,000
Sold Price
$169,000
Premium/Discount to List
$23,000
15.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.89%
Original Mortgage
$126,750
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2021
Sold by
Simpson John Robert
Bought by
Kelly Park Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,258
Interest Rate
3%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Tanaka Spencer William -- None Listed On Document
Platinum Home Rentals Llc -- Schmitz David A
Tanaka Spencer William $169,000 None Available
Kelly Park Homes Llc $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tanaka Spencer William $280,000
Previous Owner Tanaka Spencer William $126,750
Previous Owner Kelly Park Homes Llc $86,258
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $169,000 +15.8% $129 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $146,000 -- $112 / 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 $3,624 $156,900 $8,900 $148,000
2023 $3,624 $148,500 $8,900 $139,600
2022 $4,055 $167,500 $8,900 $158,600
2021 $2,454 $102,100 $8,900 $93,200
2020 $2,378 $102,700 $8,900 $93,800
2019 $831 $35,200 $2,600 $32,600
2018 $919 $34,600 $2,600 $32,000
2017 $790 $32,800 $2,600 $30,200
2016 $648 $30,800 $2,600 $28,200
2014 $618 $28,600 $2,600 $26,000
2013 $553 $26,600 $2,600 $24,000
Source: Public Records

Agents Affiliated with this Home

  • Kristine Bashenow

    Seller's Agent in 2021

    Kristine Bashenow

    Real Broker, LLC

    (317) 294-2923

    6 in this area

    87 Total Sales

    Section Image

  • O

    Seller Co-Listing Agent in 2021

    Olivia Hume

    F.C. Tucker Company

    Section Image

  • A

    Buyer's Agent in 2021

    Alex Montagano

    eXp Realty, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21803618

MIBOR Broker Listing Cooperative®

APN: 49-11-14-125-055.000-101

Indiana Marion County Indianapolis 46225 Old Southside

305 W Morris St, Indianapolis, IN

This home is located at 305 W Morris St, Indianapolis, IN 46225 since 24 August 2021 and is currently estimated at $217,885, approximately $166 per square foot. This property was built in 1900. 305 W Morris St is a home located in Marion County with nearby schools including Daniel Webster School 46, George Washington Community High School (9-12), and Arsenal Technical High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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