NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
0.44 Acre Lot

Sale Details

Date Sold: October 16, 2020

Last sale price $255,000

Highlights

  • 0.44 Acre Lot
  • Traditional Architecture
  • 1-Story Property

About This Home

As of October 2020

6 unit apartment complex for sale alone or as a package. Currently rented for $3445 a month. See breakdown below. As -is. Tenant pays own utilities. Start making money for your future today.
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Last Agent to Sell the Property

Joe Bottorff

Dropped Members License #RB14029260 Listed on: 08/14/2020

Last Buyer's Agent

Kelly Sparks

Doc Real Estate, Inc

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,050

Year Built

  • Built in 1968

Lot Details

  • 0.44

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Additional Features

  • 1-Story Property
  • 19,166 Sq Ft Lot

Community Details

  • Elders Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for taxes
  • Assessor Parcel Number 491020104242000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,050

Year Built

Built in 1968

Lot Details

0.44 Acres

Listing Details

  • Property Sub Type: 5+Units Commercial
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1968
  • Lot Size Acres: 0.44
  • Structure Type: Apartment Building
  • Subdivision Name: ELDERS
  • Inspection Warranties: Not Applicable
  • Property Description: 6 unit apartment complex for sale alone or as a package. Currently rented for $3445 a month. See breakdown below. As -is. Tenant pays own utilities. Start making money for your future today. .
  • Transaction Type: Sale
  • Unit Count: 3
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: Taxes
  • Possible Use: Apt<20
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 3744
  • Laundry: Other

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Block

Garage/Parking

  • Unit Parking: Parking Lot

Utilities

  • Solid Waste: 1

Fee Information

  • Insurance Expenses: 1255

Lot Info

  • Current Use: Apt<20
  • Parcel Number: 491020104242000101
  • Zoning: Multi family
  • Acres: 1/4-1/2 Acre
  • Lot Information: Other
  • Lot Number: 36
  • Lot Size: 20,002

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Net Operating Income: 17301

Tax Info

  • Tax Annual Amount: 2050
  • Semi Annual Property Tax Amt: 1025
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2024
Sold by
Bought by

Purchase Details

Closed on
Jul 13, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 14, 2020
Closed on
Oct 13, 2020
Sold by
Bought by
Seller's Agent
Joe Bottorff
Dropped Members
Buyer's Agent
Kelly Sparks
Doc Real Estate, Inc
List Price
$250,000
Sold Price
$255,000
Premium/Discount to List
$5,000
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
2.8%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$315,000 Summit Title & Escrow Llc
-- Quality Title
-- Quality Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $110,000
Open $400,000
Previous Owner $40,000
Previous Owner $244,000
Previous Owner $191,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/16/2020 10/16/20 Sold $255,000 +2.0% --
08/14/2020 08/14/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $250,000 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,714 $112,100 $23,000 $89,100
2024 $2,617 $90,700 $23,000 $67,700
2023 $2,617 $107,200 $11,500 $95,700
2022 $2,211 $87,500 $11,500 $76,000
2021 $2,243 $84,400 $10,500 $73,900
2020 $2,022 $84,400 $10,500 $73,900
2019 $2,114 $86,800 $10,500 $76,300
2018 $2,137 $87,100 $10,500 $76,600
2017 $1,844 $84,000 $10,500 $73,500
2016 $1,734 $80,700 $10,500 $70,200
2014 $1,669 $77,200 $10,500 $66,700
2013 $1,871 $77,100 $10,400 $66,700
Source: Public Records

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21730550

MIBOR Broker Listing Cooperative®
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