NOT LISTED FOR SALE

Estimated Value: $154,000 - $200,732

3 Beds
-- Bath
2,464 Sq Ft
$72/Sq Ft Est. Value

Last Sold October 04, 2024

Last sale price $160,000 $65 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,307/month

77 Days on Market

About This Home

As of October 2024

Returning to market. Welcome to 32 Jenny Lane, a well-maintained duplex in the heart of Indianapolis. This property is an excellent investment opportunity with its two spacious units, each offering comfortable living spaces and modern amenities. Both units feature hardwood floors and ample natural light. Kitchens equipped with essential appliances and plenty of cabinet space. Separate utility meters for each unit, ensuring convenience and efficiency. Easy access to major highways, making commutes simple and quick. This duplex is ideal for investors looking to generate rental income or for homeowners seeking a property with rental potential. Don't miss this chance to own a versatile and profitable piece of real estate in Indianapolis. Both units are tenant occupied.

Last Agent to Sell the Property

Jennifer Wilmoth

Wilmoth Group Brokerage Email: jen@wilmothgroup.com License #RB14030996 Listed on: 05/16/2024

Last Buyer's Agent

Gloria Gear

Keller Williams Indy Metro W

Keller Williams Indy Metro W

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 7,231

Home Design

  • Duplex

Additional Features

  • 2-Story Property
  • 7,231 Sq Ft Lot
  • Basement

Community Details

  • Pleasant Run Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 491004143004000101
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1930
  • Lot Size Acres: 0.17
  • Subdivision Name: Pleasant Run
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: jen@wilmothgroup.com
  • Multi Rooms: 9
  • Attribution Contact: jen@wilmothgroup.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Road Access: Not Applic

Utilities

  • Solid Waste: Yes

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 7231
  • Parcel Number: 491004143004000101
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 4044
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2025
Sold by
Phan Vinh Kien
Bought by
Devan Holdings Llc Series 1
Current Estimated Value
$177,183

Purchase Details

Listed on
May 16, 2024
Closed on
Sep 12, 2024
Sold by
Dalessandro Ricardo
Bought by
Phan Vinh Kien
Seller's Agent
Jennifer Wilmoth
Wilmoth Group
Buyer's Agent
Gloria Gear
Keller Williams Indy Metro W
List Price
$168,500
Sold Price
$160,000
Premium/Discount to List
-$8,500
-5.04%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.63%
Original Mortgage
$128,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2017
Sold by
Neu Ed
Bought by
D'Alessandro Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2017
Sold by
Keen Property Group Llc
Bought by
Max Real Estate Property Management Llc

Purchase Details

Closed on
Apr 18, 2016
Sold by
Deutsche Bank National Trust Company
Bought by
Keen Property Group Llc

Purchase Details

Closed on
Feb 19, 2016
Sold by
Arnold Mark N and Arnold Shirley
Bought by
Deutsche Bank National Trust Company
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Devan Holdings Llc Series 1 -- None Listed On Document
Phan Vinh Kien -- None Listed On Document
D'Alessandro Ricardo $76,000 --
Alessandro Ricardo D $76,000 Eagle Land Title
Max Real Estate Property Management Llc -- None Available
Keen Property Group Llc $32,500 Sojourners Title Agency
Deutsche Bank National Trust Company $42,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phan Vinh Kien $128,000
Previous Owner Alessandro Ricardo D $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2024 10/04/24 Sold $160,000 -5.0% $65 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
06/28/2024 06/28/24 For Sale $168,500 0.0% $68 / Sq Ft
06/19/2024 06/19/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $168,500 0.0% $68 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $168,500 0.0% $68 / Sq Ft
04/14/2020 04/14/20 Rented $675 0.0% --
04/07/2020 04/07/20 Under Contract -- -- --
03/04/2020 03/04/20 Price Changed $675 -2.9% $0 / Sq Ft
01/09/2020 01/09/20 For Rent $695 0.0% --
01/06/2020 01/06/20 Rented $695 0.0% --
12/16/2019 12/16/19 Under Contract -- -- --
11/05/2019 11/05/19 Price Changed $695 -6.7% $0 / Sq Ft
10/23/2019 10/23/19 Price Changed $745 -6.3% $0 / Sq Ft
09/24/2019 09/24/19 For Rent $795 0.0% --
12/01/2016 12/01/16 Sold $750 0.0% $0 / Sq Ft View Prior Sale
10/20/2016 10/20/16 For Sale $750 -97.7% $0 / Sq Ft
06/28/2016 06/28/16 Sold $32,500 0.0% $13 / Sq Ft View Prior Sale
03/31/2016 03/31/16 Pending -- -- --
03/28/2016 03/28/16 Off Market $32,500 -- --
03/22/2016 03/22/16 For Sale $32,500 -- $13 / 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 $4,410 $182,900 $12,700 $170,200
2023 $4,410 $180,100 $12,700 $167,400
2022 $4,180 $171,300 $12,700 $158,600
2021 $3,610 $150,700 $12,700 $138,000
2020 $3,436 $142,700 $10,100 $132,600
2019 $3,219 $130,900 $10,100 $120,800
2018 $2,992 $120,300 $10,100 $110,200
2017 $1,816 $79,700 $10,100 $69,600
2016 $1,067 $45,500 $10,100 $35,400
2014 $977 $45,200 $10,100 $35,100
2013 $1,014 $45,200 $10,100 $35,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21979860

MIBOR Broker Listing Cooperative®

APN: 49-10-04-143-004.000-101