NOT LISTED FOR SALE

3220 Brookside Parkway Dr N Indianapolis, IN 46218

Near Eastside Neighborhood

Estimated Value: $168,852

2 Beds
-- Bath
-- Sq Ft
6,142 Sq Ft Lot

Last Sold December 11, 2018

Last sale price $72,100

Est. 134% increase in value since last sale

Current estimated payment $1,154/month

2 Days on Market

About This Home

As of December 2018

Great Investment Opportunity in Indy’s up and coming Near East Side! Double the rental income with this move in ready Duplex or live in one side and let the other pay your expenses. RT side has had same tenant 5+ years at $567/month, LT side has only been vacant 2 months in that period, most recently rented at $650/month. Each side features 1 BR/1 BA, 885 sq. ft. + full basement for storage and W/D hookups, spacious kitchen, separate dining room, nice sizeable LR w/ plenty of natural light, fully fenced backyard, and beautiful covered front porch with scenic views of Brookside Park. Convenient parking w/ a 2 car garage, alley access, and lots of curbside out front. Minutes from Mass Ave, Downtown, shopping, dining, and entertainment.

Last Agent to Sell the Property

Doug Martin

Compass Indiana, LLC License #RB14042051 Listed on: 08/17/2018

Compass Indiana, LLC

Co-Listed By

Matthew Nitz

F.C. Tucker Company License #RB14052267

Last Buyer's Agent

Roger Lundy

Keller Williams Indpls Metro N

Keller Williams Indpls Metro N

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,540

Year Built

  • Built in 1931

Lot Details

  • 6,142 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 1 Car Garage
  • Gravel Driveway

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1-Story Property
  • Basement

Community Details

  • Schauers M Sub North Brookside Park Add Subdivision

Listing and Financial Details

  • Tenant pays for electricity, insurance, trash collection
  • The owner pays for taxes, water
  • Assessor Parcel Number 490732194264000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,540

Year Built

Built in 1931

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Doub-Duplx
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1931
  • Co List Office Phone: 317-570-3800
  • Lot Size Acres: 0.141
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: SCHAUERS M SUB NORTH BROOKSIDE PARK ADD
  • Inspection Warranties: Warranty Homebuyers,Not Applicable
  • Property Description: Great Investment Opportunity in Indy’s up and coming Near East Side! Double the rental income with this move in ready Duplex or live in one side and let the other pay your expenses. RT side has had same tenant 5+ years at $567/month, LT side has only been vacant 2 months in that period, most recently rented at $650/month. Each side features 1 BR/1 BA, 885 sq. ft. + full basement for storage and W/D hookups, spacious kitchen, separate dining room, nice sizeable LR w/ plenty of natural light, fully fenced backyard, and beautiful covered front porch with scenic views of Brookside Park. Convenient parking w/ a 2 car garage, alley access, and lots of curbside out front. Minutes from Mass Ave, Downtown, shopping, dining, and entertainment.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: One
  • Owner Pays: Taxes, Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel, Fence Full Rear
  • Foundation Details: Block, Full
  • List Price: 80000
  • Interstate: Ramp1-3mi

Garage/Parking

  • Garage Spaces: 1
  • Unit Parking: 2 Car Garage,On Street,2 Car Space

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: Yes
  • Current Use: Residential
  • Parcel Number: 490732194264000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Curbs,Sidewalks,Tree Mature
  • Lot Number: 170
  • Lot Size: 6,142

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Insurance, Trash Collection

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1540
  • Semi Annual Property Tax Amt: 770
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2018
Closed on
Dec 11, 2018
Sold by
Shoultz Properties Llc
Bought by
Kathan David Walter
Seller's Agent
Doug Martin
Compass Indiana, LLC
Buyer's Agent
Roger Lundy
Keller Williams Indpls Metro N
List Price
$80,000
Sold Price
$72,100
Premium/Discount to List
-$7,900
-9.88%
Current Estimated Value
$168,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,752
Avg. Annual Appreciation
12.98%
Original Mortgage
$57,680
Outstanding Balance
$51,404
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$111,081

Purchase Details

Closed on
Jul 11, 2013
Sold by
Adams Member Aaron
Bought by
Shoultz Agent Stephan D

Purchase Details

Closed on
Jun 13, 2013
Sold by
Fulk Sheriff and Fulk James D
Bought by
Cossner Creek Llc

Purchase Details

Closed on
May 2, 2013
Sold by
Layton John R
Bought by
Cossner Creek Properties Llc

Purchase Details

Closed on
May 15, 2006
Sold by
Fulk James D
Bought by
Franklin Rental Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.42%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 16, 2006
Sold by
Af Properties Llc
Bought by
Fulk James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.42%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Kathan David Walter -- None Available
Shoultz Agent Stephan D $49,000 --
Cossner Creek Llc -- --
Cossner Creek Properties Llc $27,500 --
Franklin Rental Solutions Llc -- None Available
Fulk James D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kathan David Walter $57,680
Previous Owner Fulk James D $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2018 12/11/18 Sold $72,100 -9.9% --
08/20/2018 08/20/18 Pending -- -- --
08/17/2018 08/17/18 For Sale $80,000 -- --
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 $2,660 $112,400 $7,000 $105,400
2023 $2,660 $106,300 $7,000 $99,300
2022 $2,707 $108,900 $7,000 $101,900
2021 $2,034 $82,400 $7,000 $75,400
2020 $2,000 $80,700 $2,800 $77,900
2019 $1,956 $77,400 $2,800 $74,600
2018 $1,913 $75,000 $2,800 $72,200
2017 $1,663 $72,500 $2,800 $69,700
2016 $1,613 $71,800 $2,800 $69,000
2014 $1,459 $67,500 $2,800 $64,700
2013 $1,481 $65,100 $2,800 $62,300
Source: Public Records

Agents Affiliated with this Home

  • Doug Martin

    Seller's Agent in 2018

    Doug Martin

    Compass Indiana, LLC

    (317) 908-9753

    5 in this area

    148 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2018

    Matthew Nitz

    F.C. Tucker Company

  • R

    Buyer's Agent in 2018

    Roger Lundy

    Keller Williams Indpls Metro N

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21589498

MIBOR Broker Listing Cooperative®

APN: 49-07-32-194-264.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

3220 Brookside Parkway Dr N, Indianapolis, IN

This home is located at 3220 Brookside Parkway Dr N, Indianapolis, IN 46218 since 17 August 2018 and is currently estimated at $168,852. This property was built in 1931. 3220 Brookside Parkway Dr N is a home located in Marion County with nearby schools including Brookside School 54, Arlington Community Middle School, and Arsenal Technical High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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