NOT LISTED FOR SALE

3226 Broadway St Indianapolis, IN 46205

Mapleton-Fall Creek Neighborhood

Estimated Value: $530,000 - $581,000

4 Beds
4 Baths
3,833 Sq Ft
$144/Sq Ft Est. Value

Last Sold September 07, 2017

Last sale price $45,000 $12 Per Sq Ft

Est. 1,123% increase in value since last sale

Current estimated payment $3,446/month

63 Days on Market

About This Home

As of September 2017

Fantastic Flip Opportunity Near Fall Creek Neighborhood of Indianapolis. It’s a Single Family Home with 3 beds and 1 bath. Its an absolutely stunning property with Solid Bones, but with some rehab work it can definitely be brought back to its original glory. It is super spacious over 3000 Sq Ft of living space. The property is currently vacant and is available for renovating right away. There is a Potential To Bring In a Stable Monthly Cash Flow.

Last Agent to Sell the Property

Jaren Barnes

Listed on: 07/05/2017

Co-Listed By

Brett Snodgrass

Red Bridge Real Estate License #RB14036993

Last Buyer's Agent

Ronnie Reese

Red Bridge Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 6,534

Home Design

  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Community Details

  • Osgoods Forest Park Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for no utilities
  • Assessor Parcel Number 490624142030000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Doub-Duplx, TradAmer
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1926
  • Co List Office Phone: 812-216-8602
  • Subdivision Name: OSGOODS FOREST PARK
  • Inspection Warranties: Not Applicable
  • Property Description: Fantastic Flip Opportunity Near Fall Creek Neighborhood of Indianapolis. It’s a Single Family Home with 3 beds and 1 bath. Its an absolutely stunning property with Solid Bones, but with some rehab work it can definitely be brought back to its original glory. It is super spacious over 3000 Sq Ft of living space. The property is currently vacant and is available for renovating right away. There is a Potential To Bring In a Stable Monthly Cash Flow.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: No Utilities
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Brick, Brick
  • List Price: 38000

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 490624142030000101
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks
  • Lot Number: 119
  • Lot Size: 50 x 131

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1234
  • Semi Annual Property Tax Amt: 617
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2022
Sold by
James Holding Group Llc
Bought by
Vachon Eric and Miller Katherine
Current Estimated Value
$550,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$450,885
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$99,262

Purchase Details

Closed on
May 24, 2022
Sold by
James Holding Group Llc
Bought by
Vachon Eric and Miller Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$450,885
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$99,262

Purchase Details

Closed on
May 11, 2022
Sold by
James Steve D
Bought by
James Holding Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$450,885
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$99,262

Purchase Details

Closed on
Aug 5, 2020
Sold by
Circle City Investment Group Inc
Bought by
James Steven and James Sherrie

Purchase Details

Closed on
Jul 22, 2020
Sold by
Circle City Investment Group Inc
Bought by
James Steven and James Sherrie

Purchase Details

Closed on
Jun 24, 2020
Sold by
Walls Property Rehab Llc
Bought by
Circle City Investments Group Inc

Purchase Details

Listed on
Jul 5, 2017
Closed on
Sep 7, 2017
Seller's Agent
Jaren Barnes
Buyer's Agent
Ronnie Reese
Red Bridge Real Estate
List Price
$44,900
Sold Price
$45,000
Premium/Discount to List
$100
0.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.69%

Purchase Details

Closed on
Jun 16, 2017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.02%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 24, 2014
Sold by
Marion County Auditor
Bought by
Marion County

Purchase Details

Closed on
Jan 23, 2014
Sold by
Pearson Deirdre and Spragins Wanda Lynn
Bought by
County Of Marion

Purchase Details

Closed on
Sep 27, 2007
Sold by
Wells Fargo Bank Na
Bought by
Pearson Deirdre and Spragins Wanda Lynn

Purchase Details

Closed on
Jan 4, 2001
Sold by
Ntac Properties Inc
Bought by
Sullivan Funding Group Inc
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
Vachon Eric -- Investors Title
James Holding Group Llc $500,000 None Listed On Document
James Steven -- None Listed On Document
James Steven $90,000 Monument Title
Circle City Investments Group Inc $50,000 Meridian Title Corporation
-- $45,000 --
Walls Property Rehab Llc $45,000 Paramount Title Agency
-- $24,000 --
Simple Quarters Llc -- --
Executive Property Investment Llc $24,000 --
Marion County $3,850 --
Mt Helix Acquisitions I Llc $3,850 --
Mt Helix Acquisitions I Llc $3,850 None Available
County Of Marion $16,576 None Available
Pearson Deirdre -- None Available
Sullivan Funding Group Inc -- None Available
Ntac Properties Inc -- None Available
Vachon Eric $500,000 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vachon Eric $475,000
Closed Vachon Eric $475,000
Closed James Holding Group Llc $475,000
Previous Owner Executive Property Investment Llc $80,000
Previous Owner Mt Helix Acquisitions I Llc $5,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2017 09/08/17 Pending -- -- --
09/07/2017 09/07/17 Sold $45,000 +18.4% $12 / Sq Ft
07/18/2017 07/18/17 Price Changed $38,000 -15.4% $10 / Sq Ft
07/05/2017 07/05/17 For Sale $44,900 -- $12 / 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 $5,653 $464,400 $35,500 $428,900
2023 $5,653 $460,700 $35,500 $425,200
2022 $9,853 $436,700 $35,500 $401,200
2021 $10,518 $449,400 $5,800 $443,600
2020 $2,060 $65,600 $5,800 $59,800
2019 $2,783 $64,400 $5,800 $58,600
2018 $1,705 $65,600 $5,800 $59,800
2017 $2,883 $61,200 $5,800 $55,400
2016 $2,808 $59,400 $5,800 $53,600
2014 $1,477 $66,800 $5,800 $61,000
2013 $1,477 $66,800 $5,800 $61,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jaren Barnes

  • Brett Snodgrass

    Seller Co-Listing Agent in 2017

    Brett Snodgrass

    Red Bridge Real Estate

    (317) 934-2630

    23 Total Sales

    Brett Snodgrass
    Section Image

  • R

    Buyer's Agent in 2017

    Ronnie Reese

    Red Bridge Real Estate

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21496204

MIBOR Broker Listing Cooperative®

APN: 49-06-24-142-030.000-101

Indiana Marion County Indianapolis 46205 Mapleton-Fall Creek

3226 Broadway St, Indianapolis, IN

This home is located at 3226 Broadway St, Indianapolis, IN 46205 since 05 July 2017 and is currently estimated at $550,147, approximately $143 per square foot. This property was built in 1926. 3226 Broadway St is a home located in Marion County with nearby schools including Elder W. Diggs School 42, Northwest 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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