NOT LISTED FOR SALE

Estimated Value: $477,000 - $519,326

4 Beds
1 Bath
-- Sq Ft
7,841 Sq Ft Lot

Last Sold August 26, 2022

Last sale price $427,500

Est. 15% increase in value since last sale

Current estimated payment $3,189/month

11 Days on Market

About This Home

As of August 2022

Incredible opportunity to own this turn key duplex in Meridian Kessler. Each unit has a great layout with 3 bedrooms per side. Kitchens have been updated over the past few years. Incredible location across from the Rivi swim club. A short walk to great local shops and restaurants at 56th and Illinois. The right unit has a screened in side porch overlooking the canal. Great location for a long term rental. Tenants right apply. Unit 33 is in the process of moving out if a buyer is interested in living in one side! Great investment is a prime location.

Last Agent to Sell the Property

Brian Maire

United Real Estate Indpls Listed on: 07/13/2022

United Real Estate Indpls

Co-Listed By

Benjamin Claghorn

United Real Estate Indpls

Last Buyer's Agent

Margo Fox

F.C. Tucker Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,386

Year Built

  • Built in 1939

Lot Details

  • 7,841

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Brick Exterior Construction

Additional Features

  • 2-Story Property
  • 7,841 Sq Ft Lot

Community Details

  • Meridian Kessler Terrace Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for taxes
  • Assessor Parcel Number 490601114189000801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,386

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: Colonial, TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1939
  • Co List Office Phone: 317-216-8800
  • Lot Size Acres: 0.18
  • Structure Type: Duplex
  • Subdivision Name: MERIDIAN KESSLER TERRACE
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: Taxes
  • Sq Ft Main Upper: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • List Price: 430000

Garage/Parking

  • Unit Parking: 2 Car Garage

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 8100

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490601114189000801
  • Acres: <1/4 Acre
  • Lot Information: Access Street
  • Lot Number: 190
  • Lot Size: 8107

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: 6386
  • Semi Annual Property Tax Amt: 3193
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Aug 23, 2022
Sold by
John Woodard Turner
Bought by
Hartman Ethan J and Fox Margaret S
Seller's Agent
Brian Maire
United Real Estate Indpls
Buyer's Agent
Margo Fox
F.C. Tucker Company
List Price
$430,000
Sold Price
$427,500
Premium/Discount to List
-$2,500
-0.58%
Views
2
Current Estimated Value
$491,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,275
Avg. Annual Appreciation
4.58%
Original Mortgage
$256,500
Outstanding Balance
$244,812
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$246,963

Purchase Details

Closed on
Dec 20, 2016
Sold by
Ohaver Thomas J and Marian J O Haver Revocable Tru
Bought by
Woodard Turner John
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
Hartman Ethan J $427,500 New Title Company Name
Woodard Turner John -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartman Ethan J $256,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2022 08/26/22 Sold $427,500 -0.6% --
07/25/2022 07/25/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $430,000 -- --
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 $6,989 $423,200 $44,200 $379,000
2023 $6,989 $402,200 $44,200 $358,000
2022 $7,422 $402,200 $44,200 $358,000
2021 $9,434 $403,900 $27,900 $376,000
2020 $8,009 $340,900 $27,900 $313,000
2019 $8,288 $346,300 $27,900 $318,400
2018 $7,546 $312,100 $27,900 $284,200
2017 $6,188 $286,300 $27,900 $258,400
2016 $6,018 $284,500 $27,900 $256,600
2014 $6,424 $297,100 $27,900 $269,200
2013 $6,102 $293,500 $27,900 $265,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21870088

MIBOR Broker Listing Cooperative®

APN: 49-06-01-114-189.000-801