NOT LISTED FOR SALE

Estimated Value: $70,000 - $176,000

4 Beds
-- Bath
-- Sq Ft
5,619 Sq Ft Lot

Last Sold March 27, 2018

Last sale price $35,000

Est. 251% increase in value since last sale

Current estimated payment $733/month

13 Days on Market

About This Home

As of March 2018

INVESTORS - Don't miss out on this excellent investment opportunity! The income potential is high! This 4-unit building is located in a great rental location just blocks from Ivy Tech, and close to the Children's Museum and Downtown. This property is being sold in AS-IS condition, seller can make no repairs. Seller makes no warranties or guarantees on condition. Room sizes and unit square feet are approximate. Get in on the ground level of redevelopment of this area! Preliminary title work ordered through Title Services, LLC.

Last Agent to Sell the Property

Rachael Burt

F.C. Tucker Company License #RB15001149 Listed on: 02/01/2018

F.C. Tucker Company

Last Buyer's Agent

Rob Burton

Indianapolis Metro Real Estate, LLC License #RB14042933

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,619 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Additional Features

  • Basement

Community Details

  • Mansur Park Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for no utilities
  • Assessor Parcel Number 490626176185000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: ApartBldg, Multi-Level
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1900
  • Lot Size Acres: 0.129
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Quadruplex
  • Subdivision Name: MANSUR PARK
  • Inspection Warranties: General
  • Property Description: INVESTORS - Don't miss out on this excellent investment opportunity! The income potential is high! This 4-unit building is located in a great rental location just blocks from Ivy Tech, and close to the Children's Museum and Downtown. This property is being sold in AS-IS condition, seller can make no repairs. Seller makes no warranties or guarantees on condition. Room sizes and unit square feet are approximate. Get in on the ground level of redevelopment of this area! Preliminary title work ordered through Title Services, LLC.
  • Transaction Type: Sale
  • Unit Count: 1
  • Conversion: 0
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Owner Pays: No Utilities
  • Possible Use: Apt<20
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: NoLaundry

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • List Price: 64000
  • Road Access: CityStreet

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Current Use: Vacant
  • Parcel Number: 490626176185000101
  • Acres: <1/4 Acre
  • Lot Information: Access Street,Corner,Curbs,Sidewalks
  • Lot Number: 0
  • Lot Size: 42 X 120

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2268
  • Semi Annual Property Tax Amt: 1134
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2018
Closed on
Mar 27, 2018
Sold by
Clark Sharon
Seller's Agent
Rachael Burt
F.C. Tucker Company
Buyer's Agent
Rob Burton
Indianapolis Metro Real Estate, LLC
List Price
$64,000
Sold Price
$35,000
Premium/Discount to List
-$29,000
-45.31%
Current Estimated Value
$123,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,000

Purchase Details

Closed on
Jul 22, 2016
Sold by
Marion County Board Of Commissioners
Bought by
Clark Sharon

Purchase Details

Closed on
Jun 16, 2016
Sold by
Peterson Darrieux
Bought by
Marion County

Purchase Details

Closed on
Oct 23, 2006
Sold by
Deutsceh Bank National Trust Co
Bought by
Peterson Darrieux

Purchase Details

Closed on
Jul 10, 2006
Sold by
Jackson Darrell E
Bought by
Deutsche Bank National Trust Co
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
-- $35,000 --
Pine Homes Llc $35,000 Meridian Title Corporation
Clark Sharon $28,000 None Available
Marion County $5,981 None Available
Peterson Darrieux -- None Available
Deutsche Bank National Trust Co $36,693 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson Darrell E $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2018 03/27/18 Sold $35,000 -45.3% --
02/15/2018 02/15/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $64,000 -- --
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 $930 $52,000 $12,200 $39,800
2023 $930 $36,300 $12,200 $24,100
2022 $800 $31,000 $12,200 $18,800
2021 $720 $28,300 $11,100 $17,200
2020 $721 $28,300 $11,100 $17,200
2019 $3,236 $27,600 $11,100 $16,500
2018 $3,399 $27,600 $11,100 $16,500
2017 $633 $26,900 $11,100 $15,800
2016 $1,134 $26,000 $11,100 $14,900
2014 $1,760 $81,400 $22,300 $59,100
2013 $1,953 $81,400 $22,300 $59,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21541132

MIBOR Broker Listing Cooperative®

APN: 49-06-26-176-185.000-101