NOT LISTED FOR SALE

315 Indianapolis Ave Lebanon, IN 46052

1 Bed
1 Bath
-- Sq Ft
8,712 Sq Ft Lot

Last Sold November 15, 2018

Last sale price $85,000

4 Days on Market

About This Home

As of November 2018

Great Value-Add Opportunity. Under-market rents with an opportunity to improve units to improve net income. Great visibility on Indianapolis Rd. for leasing. Recent upgrades include new roof, water heaters, most windows have been replaced, new furnaces. Unit mix includes Two 2-bedroom units, One 1-bedroom unit, & One Studio. Two units are currently occupied with one rent-ready unit and one unit in the process of becoming rent-ready. Great value in Lebanon!

Last Agent to Sell the Property

Kevin Hudoba

Keller Williams Indpls Metro N License #RB16001621 Listed on: 11/03/2018

Keller Williams Indpls Metro N

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 8,712

Home Design

  • Traditional Architecture

Additional Features

  • 2-Story Property
  • 8,712 Sq Ft Lot
  • Basement

Community Details

  • Subdivision Not Available See Legal

Listing and Financial Details

  • Tenant pays for electricity, gas, insurance, trash collection
  • The owner pays for lawncare, taxes, sewer, water
  • Assessor Parcel Number 060706000003000002

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Fourplex, TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1910
  • Lot Size Acres: 0.2
  • Structure Type: Apartment Building, Quadruplex
  • Subdivision Name: SUBDIVISION NOT AVAILABLE See Legal
  • Inspection Warranties: General
  • Property Description: Great Value-Add Opportunity. Under-market rents with an opportunity to improve units to improve net income. Great visibility on Indianapolis Rd. for leasing. Recent upgrades include new roof, water heaters, most windows have been replaced, new furnaces. Unit mix includes Two 2-bedroom units, One 1-bedroom unit, & One Studio. Two units are currently occupied with one rent-ready unit and one unit in the process of becoming rent-ready. Great value in Lebanon!
  • Transaction Type: Sale
  • Unit Count: 4
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: Lawncare, Taxes, Sewer, Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: Parking Lot

Utilities

  • Solid Waste: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 060706000003000002
  • Acres: <1/4 Acre
  • Lot Information: Access Street
  • Lot Number: 0
  • Lot Size: 8,712

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance, Trash Collection

Tax Info

  • Tax Annual Amount: 2754
  • Semi Annual Property Tax Amt: 1377
  • Tax Exemption: None

MLS Schools

  • School District: Lebanon Community

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2018 11/15/18 Sold $85,000 -22.7% --
11/08/2018 11/08/18 Pending -- -- --
11/03/2018 11/03/18 For Sale $109,900 0.0% --
07/07/2014 07/07/14 Rented $495 0.0% --
07/01/2014 07/01/14 Under Contract -- -- --
06/04/2014 06/04/14 For Rent $495 0.0% --
05/06/2013 05/06/13 Rented $495 -10.0% --
05/06/2013 05/06/13 Under Contract -- -- --
02/15/2013 02/15/13 For Rent $550 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kevin Hudoba

    Seller's Agent in 2018

    Kevin Hudoba

    Keller Williams Indpls Metro N

    (317) 647-5559

    12 in this area

    227 Total Sales

    Kevin Hudoba
    Section Image

  • N

    Buyer's Agent in 2018

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image

  • I

    Buyer's Agent in 2018

    IUO Non-BLC Member

    Non-BLC Office

  • K

    Seller's Agent in 2014

    Kendra Dazey

    Indiana Realty Partners,Inc

    (317) 627-1406

    1 in this area

    24 Total Sales

    Kendra Dazey
    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21605706

MIBOR Broker Listing Cooperative®
Indiana Boone County Lebanon 46052

315 Indianapolis Ave, Lebanon, IN

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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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