Seller's Agent in 2024
Peter Stewart
Keller Williams Indpls Metro N
(317) 450-9202
9 in this area
469 Total Sales
321 E 31st St Indianapolis, IN 46205
Mapleton-Fall Creek NeighborhoodEstimated Value: $290,000 - $352,000
4
Beds
2
Baths
--
Sq Ft
5,227
Sq Ft
Highlights
- Traditional Architecture
- Balcony
- Forced Air Heating and Cooling System
About This Home
As of June 2024Attention Investors! This meticulously renovated duplex would be a prime addition to your investment portfolio!! Fully updated in 2023, both units boast a townhome-style layout with identical floor plans. Each unit features 3 bedrooms, 1.5 bathrooms, spanning 1360 square feet, and includes a balcony off the master bedroom. Currently rented at $1600 per month per unit (leases ends 5/25), with tenants responsible for all utilities, this property offers immediate cash flow for it's next owner. Situated on a low-maintenance corner lot in the sought-after Mapleton Fall Creek neighborhood, it presents an attractive investment opportunity for both first time investors and seasoned pros. Conveniently located within a 10-minute drive of downtown and a short distance from popular north side destinations like Broad Ripple, this duplex offers the perfect blend of urban convenience and residential tranquility. Residents will also enjoy easy access to nearby attractions such as the Children's Museum, Newfields, Monon Trail, and the State Fairgrounds, providing ample leisure and recreation options. With its central location, savvy investors also have the potential to convert to a short or medium-term strategy to really maximize cash flow.
Last Agent to Sell the Property
Keller Williams Indpls Metro N Brokerage Email: peter@peterstewartrealty.com License #RB15000083 Listed on: 04/29/2024
Last Buyer's Agent
Laine Rapp
F.C. Tucker Company
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,104
Year Built
- Built in 1912 | Remodeled
Lot Details
- 5,227
Home Design
- Duplex
- Traditional Architecture
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Basement
- Basement Cellar
- Washer and Dryer Hookup
Additional Features
- Balcony
- 5,227 Sq Ft Lot
- Forced Air Heating and Cooling System
Community Details
- Osgoods 3Rd Central Ave Add Subdivision
Listing and Financial Details
- Tenant pays for all utilities
- The owner pays for no utilities
- Tax Lot 1B
- Assessor Parcel Number 490624152022000101
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 29, 2024
Closed on
Aug 9, 2024
Sold by
Saylor David J
Bought by
Vsv Properties Llc
Seller's Agent
Peter Stewart
Keller Williams Indpls Metro N
Buyer's Agent
Laine Rapp
F.C. Tucker Company
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%
Views
60
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,294
Avg. Annual Appreciation
5.13%
Original Mortgage
$225,000
Interest Rate
7.22%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 29, 2024
Closed on
Jun 11, 2024
Sold by
Mendoza Family Rentals Llc
Bought by
Saylor David J
Seller's Agent
Peter Stewart
Keller Williams Indpls Metro N
Buyer's Agent
Laine Rapp
F.C. Tucker Company
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%
Views
60
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.22%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 14, 2023
Sold by
Mendoza Anna Marie
Bought by
Mendoza Family Rentals Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.96%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 20, 2023
Closed on
Mar 15, 2023
Sold by
Simple Cash Offers Llc
Bought by
Mendoza Anna Marie
Seller's Agent
Lindsay Adams
Four Points Realty LLC
Buyer's Agent
Peter Stewart
Peter Stewart Realty LLC
List Price
$175,000
Sold Price
$135,000
Premium/Discount to List
-$40,000
-22.86%
Views
65
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.43%
Original Mortgage
$220,500
Interest Rate
6.12%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vsv Properties Llc | -- | None Listed On Document | |
| Saylor David J | $300,000 | Chicago Title | |
| Mendoza Family Rentals Llc | -- | None Listed On Document | |
| Mendoza Anna Marie | -- | Eagle Land Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Saylor David J | $225,000 | |
| Previous Owner | Mendoza Family Rentals Llc | $245,000 | |
| Previous Owner | Mendoza Anna Marie | $220,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/12/2024 06/12/24 | Sold | $300,000 | -14.3% | -- | |
| 05/21/2024 05/21/24 | Pending | -- | -- | -- | |
| 05/07/2024 05/07/24 | For Sale | $350,000 | 0.0% | -- | |
| 05/02/2024 05/02/24 | Pending | -- | -- | -- | |
| 04/29/2024 04/29/24 | For Sale | $350,000 | +159.3% | -- | |
| 03/21/2023 03/21/23 | Sold | $135,000 | -22.9% | -- | View Prior Sale |
| 01/29/2023 01/29/23 | Pending | -- | -- | -- | |
| 01/20/2023 01/20/23 | For Sale | $175,000 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
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 | $2,620 | $146,000 | $20,400 | $125,600 |
| 2023 | $2,620 | $105,400 | $20,400 | $85,000 |
| 2022 | -- | $100,200 | $20,400 | $79,800 |
Source: Public Records
Agents Affiliated with this Home
-
Peter Stewart
-
L
Buyer's Agent in 2024
Laine Rapp
F.C. Tucker Company
-
Lindsay Adams
Seller's Agent in 2023
Lindsay Adams
Four Points Realty LLC
(928) 304-2028
3 in this area
134 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21976458
APN: 49-06-24-152-024.001-101
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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.
Based on information submitted to the MLS GRID
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