NOT LISTED FOR SALE

Estimated Value: $157,000 - $213,000

2 Beds
-- Bath
1,756 Sq Ft
$105/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $150,000 $85 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,124/month

6 Days on Market

About This Home

As of September 2023

Introducing an incredible triplex for savvy investors! This property boasts two occupied 1-bedroom, 1-bathroom units, plus an expansive 2-bedroom, 1-bathroom unit on the upper floor. With a strategic location just steps from shopping and dining, convenience is a given. Currently generating income, these units have tremendous potential to command top rental rates with a touch of refurbishment. Investors will appreciate the opportunity to enhance their portfolios with this value-driven property. Nestled in a vibrant community, this triplex promises both immediate returns and long-term value. Its proximity to amenities and its income-generating potential make it a smart addition to any real estate portfolio.

Last Agent to Sell the Property

Alex Montagano

eXp Realty LLC Brokerage Email: alex@locksteprealty.com License #RB14051484 Listed on: 08/11/2023

eXp Realty LLC

Co-Listed By

Thano Genos

eXp Realty LLC Brokerage Email: alex@locksteprealty.com License #RB20000999

Last Buyer's Agent

Gloria Gear

Keller Williams Indy Metro W

Keller Williams Indy Metro W

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,236

Year Built

  • Built in 1900

Lot Details

  • 4,792

Home Design

  • Triplex

Additional Features

  • 1.5-Story Property
  • 4,792 Sq Ft Lot
  • Basement

Community Details

  • Englewood Subdivision

Listing and Financial Details

  • Tax Lot 87
  • Assessor Parcel Number 491005119027000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,236

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1900
  • Co List Office Phone: 888-611-3912
  • Lot Size Acres: 0.11
  • Subdivision Name: Englewood
  • Transaction Type: Sale
  • Conversion: Yes
  • MBR_AttributionContact: alex@locksteprealty.com
  • Attribution Contact: alex@locksteprealty.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Levels: One and One Half

Exterior Features

  • List Price: 149900
  • Road Access: Not Applic

Utilities

  • Solid Waste: No

Fee Information

  • Expenses: 0

Lot Info

  • Current Use: See Remarks
  • Lot Size Sq Ft: 4792
  • Parcel Number: 491005119027000101
  • Zoning: 13
  • Acres: <1/4 Acre
  • Price Acre: 1363636

Green Features

  • Green Certification Y N: No

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1236
  • Tax Lot: 87
  • Semi Annual Property Tax Amt: 618

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Sep 8, 2023
Sold by
Spain Jacob and Spain Lora
Bought by
Tang William and Le Tran Sheena
Seller's Agent
Alex Montagano
eXp Realty LLC
Buyer's Agent
Gloria Gear
Keller Williams Indy Metro W
List Price
$149,900
Sold Price
$150,000
Premium/Discount to List
$100
0.07%
Views
32
Current Estimated Value
$184,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,424
Avg. Annual Appreciation
10.77%
Original Mortgage
$112,500
Outstanding Balance
$110,087
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$74,337

Purchase Details

Listed on
Aug 11, 2023
Closed on
Jul 26, 2023
Sold by
Tjb Holdings Company Llc
Bought by
Spain Jacob and Spain Lora
Seller's Agent
Alex Montagano
eXp Realty LLC
Buyer's Agent
Gloria Gear
Keller Williams Indy Metro W
List Price
$149,900
Sold Price
$150,000
Premium/Discount to List
$100
0.07%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Outstanding Balance
$110,087
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$74,337

Purchase Details

Listed on
Aug 11, 2023
Closed on
Jul 21, 2023
Sold by
Tjb Holdings Company Llc
Bought by
Spain Jacob and Spain Lora
Seller's Agent
Alex Montagano
eXp Realty LLC
Buyer's Agent
Gloria Gear
Keller Williams Indy Metro W
List Price
$149,900
Sold Price
$150,000
Premium/Discount to List
$100
0.07%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Outstanding Balance
$110,087
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$74,337
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 Buyer Sale Price Title Company
Tang William -- None Listed On Document
Spain Jacob -- None Listed On Document
Spain Jacob $80,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tang William $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $150,000 +0.1% $85 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $149,900 -- $85 / 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 $1,690 $151,200 $4,000 $147,200
2023 $1,690 $65,400 $4,000 $61,400
2022 $1,680 $65,400 $4,000 $61,400
2021 $1,370 $53,600 $4,000 $49,600
2020 $1,229 $47,400 $2,200 $45,200
2019 $1,149 $43,200 $2,200 $41,000
2018 $1,084 $40,200 $2,200 $38,000
2017 $948 $38,800 $2,200 $36,600
2016 $915 $38,200 $2,200 $36,000
2014 $809 $37,400 $2,200 $35,200
2013 $840 $37,400 $2,200 $35,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21937495

MIBOR Broker Listing Cooperative®

APN: 49-10-05-119-027.000-101