NOT LISTED FOR SALE

3244 W Mooresville Rd Indianapolis, IN 46221

Mars Hill Neighborhood

Estimated Value: $118,000 - $147,436

2 Beds
-- Bath
720 Sq Ft
$191/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $63,000 $88 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $998/month

296 Days on Market

About This Home

As of November 2014

Great investment! Four doubles offered for sale, a total of 8 units which are rarely empty. Good steady cash flow, besides maintenance expenses owner pays water utility and lawn care. All units are 2 bedroom 1 bath with kitchen appliances provided. Will not consider selling separately, all four buildings sit side by side and are being Sold As Is.

Last Agent to Sell the Property

Nancy Minton

Keller Williams Indy Metro W Listed on: 12/06/2013

Last Buyer's Agent

James Boyce

Mission House Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,322

Year Built

  • Built in 1961

Lot Details

  • 5,227

Parking

  • Alley Access

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction

Additional Features

  • Washer and Dryer Hookup
  • 5,227 Sq Ft Lot

Community Details

  • Mars Hill Subdivision

Listing and Financial Details

  • Tenant pays for electricity, insurance
  • The owner pays for ins hazard, insurance, lawncare, trash collection, water
  • Tax Lot 2441
  • Assessor Parcel Number 491129111458000200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,322

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1961
  • Lot Size Acres: 0.12
  • Structure Type: Duplex
  • Subdivision Name: Mars Hill
  • Inspection Warranties: Other
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: mintonnancy@sbcglobal.net
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: Ins Hazard, Insurance, Lawncare, Trash Collection, Water
  • Upper Level Sq Ft: 0
  • SqFt Total: 0

Exterior Features

  • Construction Materials: Brick, Wood Brick
  • Disclosures: Not Applicable
  • List Price: 64999

Garage/Parking

  • Parking Features: Alley Access
  • Unit Parking: 2 Car Space

Utilities

  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Laundry Features: Connections All
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Access
  • Additional Parcels: No
  • Parcel Number: 491129111458000200
  • Acres: <1/4 Acre

Rental Info

  • Tenant Pays: Electricity, Insurance

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1322
  • Tax Lot: 2441
  • Semi Annual Property Tax Amt: 661
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2013
Closed on
Nov 21, 2014
Sold by
Smith Angela K and Smith Angela
Bought by
100 Acre Investments Llc
Seller's Agent
Nancy Minton
Keller Williams Indy Metro W
Buyer's Agent
James Boyce
Mission House Realty LLC
List Price
$72,900
Sold Price
$63,000
Premium/Discount to List
-$9,900
-13.58%
Current Estimated Value
$141,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,181
Avg. Annual Appreciation
7.57%

Purchase Details

Closed on
Oct 7, 2010
Sold by
Hopkins Marian C
Bought by
Smith Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,600
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2010
Sold by
Hopkins Marian C
Bought by
Hopkins Marian C and Marian C Hopkins Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,600
Interest Rate
4.31%
Mortgage Type
New Conventional
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
100 Acre Investments Llc -- Chicago Title Company Llc
Smith Angela -- None Available
Hopkins Marian C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Angela $40,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2014 11/21/14 Sold $63,000 -13.6% $88 / Sq Ft
09/29/2014 09/29/14 Pending -- -- --
12/06/2013 12/06/13 For Sale $72,900 -- $101 / 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 $2,751 $124,800 $4,400 $120,400
2023 $2,751 $117,800 $4,400 $113,400
2022 $2,664 $113,800 $4,400 $109,400
2021 $1,746 $71,200 $4,400 $66,800
2020 $1,619 $71,200 $4,400 $66,800
2019 $1,742 $71,200 $4,400 $66,800
2018 $1,654 $68,200 $4,400 $63,800
2017 $1,673 $68,600 $4,400 $64,200
2016 $1,655 $68,000 $4,400 $63,600
2014 $1,458 $64,000 $4,400 $59,600
2013 $1,232 $64,000 $4,400 $59,600
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2014

    Nancy Minton

    Keller Williams Indy Metro W

  • J

    Buyer's Agent in 2014

    James Boyce

    Mission House Realty LLC

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21267641

MIBOR Broker Listing Cooperative®

APN: 49-11-29-111-458.000-200

Indiana Marion County Indianapolis 46221 Mars Hill

3244 W Mooresville Rd, Indianapolis, IN

This home is located at 3244 W Mooresville Rd, Indianapolis, IN 46221 since 06 December 2013 and is currently estimated at $137,479, approximately $190 per square foot. This property was built in 1961. 3244 W Mooresville Rd is a home located in Marion County with nearby schools including Stephen Decatur Elementary School, Decatur Middle School, and Decatur Central 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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