NOT LISTED FOR SALE

313 N Mickley Ave Indianapolis, IN 46224

Garden City Neighborhood

Estimated Value: $238,000 - $350,972

9 Beds
8 Baths
-- Sq Ft
1.77 Acres

Last Sold February 26, 2020

Last sale price $215,000

Est. 36% increase in value since last sale

Current estimated payment $2,043/month

Highlights

  • 1.77 Acre Lot
  • 1-Story Property
  • Partially Fenced Property
  • Ben Davis University High School Rated A

About This Home

As of February 2020

Investment Property in Indianapolis w/ Cash Flow!! This Unique Opportunity Includes: One 2 Bedroom & 1 Bath Ranch, Seven 1 Bedroom & 1 Bath Bungalows Sitting on 1.77 Acres w/ Private Well House. Property Sits on Indianapolis's Near Westside...Close to Downtown, The Speedway, Public Transit System, The Interstate & Plenty of Shopping. All Units Have Electric Ranges & Refrigerators, Most Have Newer or Replaced Roofs, Heating Elements & Water Heaters.

Last Agent to Sell the Property

Matthew Kresse

Red Oak Real Estate Group License #RB14039659 Listed on: 02/26/2020

Last Buyer's Agent

Connor Simonson

F.C. Tucker Company

F.C. Tucker Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,592

Year Built

  • Built in 1930

Lot Details

  • 1.77 Acre Lot
  • Partially Fenced Property

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property

Community Details

  • Indiana Park Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • The owner pays for inshazard, insurance, lawncare, taxes
  • Assessor Parcel Number 491201106077000900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,592

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: 5+Units Commercial
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1930
  • Lot Size Acres: 1.77
  • Road Frontage Type: City Street
  • Road Surface Type: Gravel
  • Subdivision Name: INDIANA PARK
  • Inspection Warranties: Not Applicable
  • Property Description: Investment Property in Indianapolis w/ Cash Flow!! This Unique Opportunity Includes: One 2 Bedroom & 1 Bath Ranch, Seven 1 Bedroom & 1 Bath Bungalows Sitting on 1.77 Acres w/ Private Well House. Property Sits on Indianapolis's Near Westside...Close to Downtown, The Speedway, Public Transit System, The Interstate & Plenty of Shopping. All Units Have Electric Ranges & Refrigerators, Most Have Newer or Replaced Roofs, Heating Elements & Water Heaters.
  • Transaction Type: Sale
  • Unit Count: 8
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: InsHazard, Insurance, Lawncare, Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: NoLaundry

Exterior Features

  • Construction Materials: Brick, Wood
  • Disclosures: Not Applicable
  • Exterior Features: Fence Partial
  • List Price: 215000
  • Road Access: Frontage Road
  • Interstate: Ramp<1Mi

Garage/Parking

  • Unit Parking: Parking Lot
  • Auto Parking: 0
  • Auto Surface: Gravel
  • Parking Spacesper Unit: 2.0000

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 11376

Lot Info

  • Property Attached Yn: No
  • Current Use: Residential
  • Parcel Number: 491201106077000900
  • Zoning: RES
  • Acres: 1-3 Acres
  • Lot Information: Busline,Tree Mature
  • Lot Number: 0
  • Lot Size: 78,000

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Net Operating Income: 36789
  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 2592
  • Semi Annual Property Tax Amt: 1296
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2023
Sold by
Enrique Hernandez
Bought by
Bandit Investment Llc
Current Estimated Value
$291,743

Purchase Details

Closed on
Sep 25, 2023
Sold by
Enrique Hernandez
Bought by
Bandit Investment Llc

Purchase Details

Closed on
Aug 17, 2023
Sold by
Pr Builds Llc
Bought by
Hernandez Enrique

Purchase Details

Closed on
Aug 16, 2023
Sold by
Pr Builds Llc
Bought by
Hernandez Enrique
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
Bandit Investment Llc -- None Listed On Document
Bandit Investment Llc -- None Listed On Document
Hernandez Enrique -- None Listed On Document
Hernandez Enrique $335,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2020 02/26/20 Sold $215,000 0.0% --
02/26/2020 02/26/20 Pending -- -- --
02/26/2020 02/26/20 For Sale $215,000 -- --
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 $5,940 $231,600 $30,500 $201,100
2023 $5,940 $231,600 $30,500 $201,100
2022 $5,832 $227,400 $30,500 $196,900
2021 $4,497 $154,200 $7,500 $146,700
2020 $3,299 $121,500 $7,500 $114,000
2019 $3,005 $110,700 $7,500 $103,200
2018 $2,579 $96,500 $7,500 $89,000
2017 $2,389 $88,900 $7,500 $81,400
2016 $2,048 $88,200 $7,500 $80,700
2014 $1,715 $85,200 $7,500 $77,700
2013 $1,715 $85,200 $7,500 $77,700
Source: Public Records

Agents Affiliated with this Home

  • Matthew Kresse

    Seller's Agent in 2020

    Matthew Kresse

    Red Oak Real Estate Group

    (317) 318-3420

    108 Total Sales

    Matthew Kresse
    Section Image

  • C

    Buyer's Agent in 2020

    Connor Simonson

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21697141

MIBOR Broker Listing Cooperative®

APN: 49-12-01-106-077.000-900

Indiana Marion County Indianapolis 46224 Garden City

313 N Mickley Ave, Indianapolis, IN

This home is located at 313 N Mickley Ave, Indianapolis, IN 46224 since 26 February 2020 and is currently estimated at $291,743. This property was built in 1930. 313 N Mickley Ave is a home located in Marion County with nearby schools including Garden City Elementary School, Lynhurst 7th & 8th Grade Center, and Ben Davis University 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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