$450,000
SOLD JUL 3, 2025
8 Beds
4 Baths
1,134 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$397 Per Sq Ft

3% Above List Price

14 Days on Market

About This Home

As of July 2025

Quad-plex For Sale - Fully Renovated! This beautifully updated 4-unit property features Two - 1 bed/1 bath units and Two - 3 bed/1 bath units. Enjoy all new flooring, fixtures, paint, drywall, updated cabinets, and stainless steel appliances. Everything is brand new, including the roof! Each unit is separately metered so tenants pay their own lights and each side has a new water heater (Landlord paid). Three units are currently tenant-occupied on month-to-month agreements that will lead into yearly, offering immediate rental income and flexibility, Full occupancy delivers $5000/month. Situated along a major bus line and located in an up-and-coming neighborhood near downtown, this property offers both convenience and growth potential. This Fourplex is Ideal for investors or owner-occupants seeking a turn-key income-producing asset.

Last Agent to Sell the Property

Eli Skinner

Key Realty Indiana Brokerage Email: eli@simplifyre.com License #RB14040938 Listed on: 04/14/2025

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,656

Year Built

  • Built in 2014

Home Design

  • Quadruplex
  • Traditional Architecture
  • Block Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Schools

  • Arsenal Technical High School

Additional Features

  • 2-Story Property
  • 4,356 Sq Ft Lot
  • Window Unit Cooling System
  • Unfinished Basement

Community Details

  • A M Ogle Et Al East Park Subdivision

Listing and Financial Details

  • The owner pays for lawncare, trash collection, water
  • Assessor Parcel Number 491005187066000101
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,656

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Sub Type: Fourplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 2014
  • Lot Size Acres: 0.1
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Quadruplex
  • Subdivision Name: A M Ogle Et Al East Park
  • Transaction Type: Sale
  • Conversion: Yes
  • Price Unit: 112500
  • MBR_AttributionContact: eli@simplifyre.com
  • Attribution Contact: eli@simplifyre.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Levels: Two
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Owner Pays: Lawncare, Trash Collection, Water

Exterior Features

  • Fencing: Privacy, Gate
  • Foundation Details: Block
  • List Price: 435000
  • View Y N: No
  • Waterfront: No
  • Road Access: Not Applic

Garage/Parking

  • Parking Features: Gravel
  • Unit Parking: On Street,Other

Utilities

  • Cooling: Window Unit(s)
  • Solid Waste: No

Fee Information

  • Expenses: 13300

Lot Info

  • Property Attached Yn: No
  • Current Use: Residential
  • Lot Size Sq Ft: 4356
  • Parcel Number: 491005187066000101
  • Acres: <1/4 Acre
  • Price Acre: 4500000

Green Features

  • Green Certification Y N: No

Multi Family

  • Gross Income: 34700
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 6656
  • Tax Lot: 000
  • Semi Annual Property Tax Amt: 3328

MLS Schools

  • High School: Arsenal Technical High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2025
Closed on
Jun 26, 2025
Sold by
Sloan Jordan
Bought by
Overholt Maxwell
Seller's Agent
Eli Skinner
Key Realty Indiana
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$435,000
Sold Price
$450,000
Premium/Discount to List
$15,000
3.45%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-87.87%
Original Mortgage
$427,500
Outstanding Balance
$427,500
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
-$39,280

Purchase Details

Closed on
Jul 17, 2024
Sold by
Naf Llc
Bought by
Sloan Jordan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,000
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 27, 2024
Sold by
Diaz Andrew Pangan
Bought by
Naf Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,000
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 4, 2021
Closed on
Sep 28, 2021
Sold by
Affordable Housing Of Indy Llc
Bought by
Diaz Andrew Pangan
Seller's Agent
John Long
Coldwell Banker - Kaiser
Buyer's Agent
Richard Vinson
@properties
Sold Price
$255,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.60%
Original Mortgage
$191,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2012
Sold by
Stein Sally A
Bought by
Affordable Housing Of Indy Llc

Purchase Details

Closed on
Nov 30, 2006
Sold by
A F Porperties Llc
Bought by
Stein Sally A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,375
Interest Rate
9.45%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 28, 2006
Sold by
Howard Nina M and Stein Sally
Bought by
A F Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,375
Interest Rate
9.45%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 4, 2006
Sold by
Howard Nina M
Bought by
Howard Nina M

Purchase Details

Closed on
Apr 20, 2005
Sold by
Stein Sally
Bought by
Howard Nina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,600
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2005
Sold by
Deutsche Bank National Trust Company
Bought by
Stein Sally
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Eagle Land Title
Warranty Deed $250,000 Eagle Land Title
Warranty Deed $192,987 Eagle Land Title
Warranty Deed -- None Available
Corporate Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Available
Special Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $427,500 New Conventional
Previous Owner $337,000 Construction
Previous Owner $191,250 New Conventional
Previous Owner $322,000 No Value Available
Previous Owner $66,375 Adjustable Rate Mortgage/ARM
Previous Owner $50,000 Purchase Money Mortgage
Previous Owner $13,500 Unknown
Previous Owner $84,600 New Conventional
Previous Owner $16,300 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2025 07/20/25 Price Changed $995 -13.5% $2 / Sq Ft
07/08/2025 07/08/25 Price Changed $1,150 0.0% $2 / Sq Ft
07/03/2025 07/03/25 Sold $450,000 0.0% $397 / Sq Ft
07/02/2025 07/02/25 For Rent $1,189 0.0% --
05/22/2025 05/22/25 Off Market $450,000 -- --
05/22/2025 05/22/25 Price Changed $435,000 0.0% $384 / Sq Ft
05/22/2025 05/22/25 For Sale $435,000 -3.3% $384 / Sq Ft
05/05/2025 05/05/25 Off Market $450,000 -- --
05/01/2025 05/01/25 For Sale $450,000 0.0% $397 / Sq Ft
04/28/2025 04/28/25 Pending -- -- --
04/14/2025 04/14/25 For Sale $450,000 +76.5% $397 / Sq Ft
09/29/2021 09/29/21 Sold $255,000 0.0% $225 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
08/02/2021 08/02/21 Off Market $255,000 -- --
07/29/2021 07/29/21 For Sale -- -- --
07/23/2021 07/23/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $275,000 -- $243 / 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 $7,191 $326,900 $6,900 $320,000
2023 $7,191 $298,100 $6,900 $291,200
2022 $6,774 $278,900 $6,900 $272,000
2021 $1,899 $77,300 $6,900 $70,400
2020 $1,698 $68,400 $2,200 $66,200
2019 $1,387 $82,400 $2,200 $80,200
2018 $2,031 $80,600 $2,200 $78,400
2017 $1,748 $77,200 $2,200 $75,000
2016 $606 $24,000 $2,200 $21,800
2014 $1,425 $65,900 $2,200 $63,700
2013 $1,178 $65,900 $2,200 $63,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22032116

MIBOR Broker Listing Cooperative®

APN: 49-10-05-187-066.000-101